<SEC-DOCUMENT>0001144204-19-018471.txt : 20190405
<SEC-HEADER>0001144204-19-018471.hdr.sgml : 20190405
<ACCEPTANCE-DATETIME>20190405171218
ACCESSION NUMBER:		0001144204-19-018471
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		6
CONFORMED PERIOD OF REPORT:	20190401
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Completion of Acquisition or Disposition of Assets
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20190405
DATE AS OF CHANGE:		20190405

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			STONERIDGE INC
		CENTRAL INDEX KEY:			0001043337
		STANDARD INDUSTRIAL CLASSIFICATION:	MOTOR VEHICLE PARTS & ACCESSORIES [3714]
		IRS NUMBER:				341598949
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13337
		FILM NUMBER:		19735866

	BUSINESS ADDRESS:	
		STREET 1:		39675 MACKENZIE DRIVE
		STREET 2:		SUITE 400
		CITY:			NOVI
		STATE:			MI
		ZIP:			48377
		BUSINESS PHONE:		2484899300

	MAIL ADDRESS:	
		STREET 1:		39675 MACKENZIE DRIVE
		STREET 2:		SUITE 400
		CITY:			NOVI
		STATE:			MI
		ZIP:			48377
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>tv518304_8-k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 12pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

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

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">FORM 8-K</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Date of Report (Date of earliest event reported):
April 1, 2019</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Commission file number: 001</B>-<B>13337</B></P>

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

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>STONERIDGE, INC.</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>(Exact name of registrant as specified
in its charter)</I></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B><U>Ohio</U></B></TD>
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B><U>34-1598949</U></B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><I>(State or other jurisdiction of</I></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><I>(I.R.S. Employer</I></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><I>incorporation or organization)</I></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><I>Identification No.)</I></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B><U>39675 MacKenzie Drive, Suite 400, Novi, Michigan</U></B></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B><U>48377</U></B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><I>(Address of principal executive offices)</I></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><I>(Zip Code)</I></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>(248) 489-9300</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Registrant&rsquo;s telephone number, including
area code</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"><FONT STYLE="font-family: Wingdings">o</FONT></TD>
    <TD>Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"><FONT STYLE="font-family: Wingdings">o</FONT></TD>
    <TD STYLE="text-align: justify">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"><FONT STYLE="font-family: Wingdings">o</FONT></TD>
    <TD>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"><FONT STYLE="font-family: Wingdings">o</FONT></TD>
    <TD STYLE="text-align: justify">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (&sect;230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (&sect;240.12b-2 of this chapter).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 3.5in">Emerging growth company&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section 13(a) of the Exchange Act. &nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

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

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

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 12pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 2pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

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


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 1in"><B>Item 1.01</B></TD><TD><B>Entry into a Material Definitive Agreement</B></TD></TR></TABLE>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On April 1, 2019, Stoneridge, Inc. (the &ldquo;Company&rdquo;)
entered into an Asset Purchase Agreement (the &ldquo;APA&rdquo;) by and among the Company, the Company&rsquo;s wholly owned subsidiary,
Stoneridge Control Devices, Inc. (&ldquo;SCD&rdquo;), and Standard Motor Products, Inc. (&ldquo;SMP&rdquo;). On the same day pursuant
to the APA, in exchange for $40 million (subject to a post-closing inventory adjustment) and the assumption of certain liabilities
the Company and SCD sold to SMP product lines and assets related to certain non-core switches and connectors (the &ldquo;Non-Core
Switch and Connector Products&rdquo;). S<FONT STYLE="color: #262626">ubject to certain limitations, the Company and SCD, on the
one hand, and SMP, on the other hand, have agreed to indemnify the other for breaches of representations, warranties and covenants
and other specified matters. The APA contains representations and warranties customary for transactions of this type. The Company
and SCD have also agreed to various customary covenants and agreements, including a five year covenant to not to compete with
SMP in North America in the Non-Core Switch and Connector Products </FONT>as it was conducted April 1, 2019. On April 1, 2019,
the Company and SMP also entered into certain ancillary agreements, including a transition services agreement, a contract manufacturing
agreement and a supply agreement, pursuant to which the Company will provide and be compensated for certain manufacturing, transitional,
administrative and support services to SMP on a short-term basis. The products related to the Non-Core Switch and Connector Products
are currently manufactured in Juarez, Mexico and Canton, Massachusetts, and include ball switches, ignition switches, rotary switches,
courtesy lamps, toggle switches, headlamp switches and other related components.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On April 1, 2019, the Company issued a press release announcing
the signing and closing of the APA. A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The foregoing summary is qualified in its entirety by reference
to the APA, which is filed as Exhibit&nbsp;2.1 hereto and incorporated herein by reference.</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 1in"><B>Item 2.01</B></TD><TD><B>Completion of Acquisition or Disposition of Assets </B></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">See Item 1.01, above.</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 1in"><B>Item 9.01</B></TD><TD><B>Financial Statements and Exhibits. </B></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left"><I>(b)</I></TD><TD STYLE="text-align: justify"><I>Pro Forma Financial Information.</I></TD>
</TR></TABLE>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The unaudited pro forma combined balance sheet as of December
31, 2018 and unaudited pro forma combined statement of operations for the year ended December 31, 2018 and the notes to such unaudited
pro forma combined financial statements, all giving effect to the dispoal of the Non-Core Switch and Connector Products, are attached
as Exhibit 99.2 to this Current Report on Form 8-K.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The unaudited pro forma combined balance sheet combines the
historical consolidated balance sheet of Stoneridge and disposed assets of the Non-Core Switch and Connector Products. The unaudited
pro forma combined statement of operations combines the historical consolidated statement of operations of Stoneridge and the
historical Non-Core Switch and Connector Products.</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left"><I>(d)</I></TD><TD STYLE="text-align: justify"><I>Exhibits</I></TD>
</TR></TABLE>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%">Exhibit No.</TD>
    <TD STYLE="width: 85%">Description</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><A HREF="tv518304_ex2-1.htm" STYLE="-sec-extract: exhibit">2.1</A></TD>
    <TD><A HREF="tv518304_ex2-1.htm" STYLE="-sec-extract: exhibit">Asset Purchase Agreement, dated April 1, 2019.</A></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><A HREF="tv518304_ex99-1.htm" STYLE="-sec-extract: exhibit">99.1</A></TD>
    <TD><A HREF="tv518304_ex99-1.htm" STYLE="-sec-extract: exhibit">Press release, dated April 1, 2019.</A></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><A HREF="tv518304_ex99-2.htm" STYLE="-sec-extract: exhibit">99.2</A></TD>
    <TD><A HREF="tv518304_ex99-2.htm" STYLE="-sec-extract: exhibit">Unaudited Pro Forma Combined Financial Statements as of and for the year ended December 31, 2018.</A></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: -1in">&nbsp;</P>


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 0.05in"><B>Stoneridge, Inc.</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">Date: April 5, 2019</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">/s/ Robert R. Krakowiak</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.05in">Robert R. Krakowiak, Executive Vice President</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.05in">Chief Financial Officer and Treasurer</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.05in">(Principal Financial Officer)</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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


<!-- Field: Page; Sequence: 3; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-2.1
<SEQUENCE>2
<FILENAME>tv518304_ex2-1.htm
<DESCRIPTION>EXHIBIT 2.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">



<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 2.1</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Note to exhibit: </B>The following exhibits/schedules are
omitted. The Company will furnish supplementally a copy of any omitted exhibit/schedule to the SEC upon request.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>EXHIBITS</U></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 1.5in"><FONT STYLE="font-size: 10pt">Exhibit A</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Allocation Schedule</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Exhibit B</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Form of Assignment and Assumption Agreement</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Exhibit C</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Form of Bill of Sale</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Exhibit D-1</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Form of Trademark Assignment</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Exhibit D-2</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Form of Patent Assignment</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Exhibit E</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Form of Grant-back IP License Agreement</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Exhibit F</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Form of Z09 A/M US Car IP License Agreement</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Exhibit G</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Form of Transition Services Agreement</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Exhibit H</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Form of Contract Manufacturing Agreement</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Exhibit I</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Form of Supply Agreement</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>DISCLOSURE SCHEDULES</U></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 1.5in"><FONT STYLE="font-size: 10pt">Schedule 1.3(h)</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Excluded Contracts</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Schedule 3.4</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Third-Party Consents</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Schedule 3.6</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">GAAP Exceptions</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Schedule 3.8</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Absence of Certain Changes</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Schedule 3.10</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Liens</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Schedule 3.11(b)</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Sufficiency of Assets</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Schedule 3.11(d)</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Acquired Personal Property Held in Bailment</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Schedule 3.11(e)</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Excluded Personal Property</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Schedule 3.12</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Leased Personal Property</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Schedule 3.13</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Employment Matters</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Schedule 3.14</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Employee Benefit Plans</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Schedule 3.15</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Material Contracts</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Schedule 3.16</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Customers and Suppliers</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Schedule 3.17</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Taxes</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Schedule 3.18</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Permits</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Schedule 3.19(a)</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Intellectual Property Registrations</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Schedule 3.19(b)</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Intellectual Property Agreements</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Schedule 3.20</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Pending Proceedings</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Schedule 3.21</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Compliance with Laws</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Schedule 3.22</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Environmental Matters</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Schedule 3.23</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Insurance Policies</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Schedule 3.24</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Warranty and Product Liability</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Schedule 3.26</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Transactions with Affiliates</FONT></TD></TR>
</TABLE>




<P STYLE="margin: 0; text-align: right">&nbsp;</P>

<P STYLE="margin: 0; text-align: right"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0; text-align: right"></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B><U>EXECUTION COPY</U></B></P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">ASSET PURCHASE AGREEMENT</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>among</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>STANDARD MOTOR PRODUCTS, INC.,</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>as Buyer</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>and</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>STONERIDGE, INC.,</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>and</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>STONERIDGE CONTROL DEVICES, INC.</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>as Sellers</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>dated as of April 1, 2019</B></P>

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


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U></U></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>TABLE OF CONTENTS</U></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 7%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 7%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 76%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Page</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">I.</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">PURCHASE OF ACQUIRED ASSETS AND ASSUMPTION OF LIABILITIES</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">1.1.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Purchase and Sale</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">1.2.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Acquired Assets</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">1.3.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Excluded Assets</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">3</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">1.4.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Certain Liabilities Assumed</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">4</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">1.5.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Liabilities Not Assumed</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">4</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">1.6.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Purchase Price</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">5</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">1.7.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Allocation</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">6</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">1.8.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Calculation of Inventory Adjustment and Payment of Final Cash Purchase Price</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">6</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">II.</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">CLOSING</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">8</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">2.1.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Closing Date</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">8</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">2.2.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Deliveries at the Closing</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">8</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">2.3.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Buyer Deliveries</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">9</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">2.4.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Consents of Third Parties</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">10</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">III.</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">REPRESENTATIONS AND WARRANTIES OF SELLER</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">10</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.1.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Organization and Qualification</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">10</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.2.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Authority and Enforceability</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">10</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.3.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Governmental Authority Consents</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">10</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.4.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">No Conflict; Third Party Consents</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">11</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.5.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Capitalization</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">11</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.6.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Financial Condition</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">11</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.7.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">No Undisclosed Liabilities</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">11</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.8.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Absence of Certain Changes</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">11</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.9.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Inventories</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">12</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.10.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Title</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">13</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.11.</FONT></TD>
    <TD STYLE="vertical-align: top"><P STYLE="margin: 0">Condition&nbsp;and&nbsp;Sufficiency&nbsp;of&nbsp;Assets;&nbsp;Acquired&nbsp;Personal&nbsp;Property; Excluded
Personal Property</P>


</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">13</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.12.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Leased Personal Property</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">13</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.13.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Employment Matters</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">14</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.14.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Employee Benefit Plans</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">14</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.15.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Material Contracts</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">14</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.16.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Customers and Suppliers.</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">16</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.17.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Taxes</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">16</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.18.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Permits</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">17</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.19.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Intellectual Property Rights</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">17</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.20.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">No Pending Proceedings</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">18</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.21.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Compliance with Laws</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">18</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.22.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Environmental Matters</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">19</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.23.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Insurance Coverage</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">19</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.24.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Warranty and Products Liability</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">19</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.25.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Brokers and Finders</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">20</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.26.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Transactions with Affiliates</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">20</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">3.27.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Limitation on Warranties</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">20</FONT></TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 3; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: LowerRoman; Name: PageNo -->i<!-- Field: /Sequence -->&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">IV.</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">REPRESENTATIONS AND WARRANTIES OF BUYER</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">21</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; width: 7%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 7%"><FONT STYLE="font-size: 10pt">4.1.</FONT></TD>
    <TD STYLE="vertical-align: top; width: 76%"><FONT STYLE="font-size: 10pt">Organization</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; width: 10%"><FONT STYLE="font-size: 10pt">21</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">4.2.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Authority and Enforceability</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">21</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">4.3.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Third-Party Consents</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">21</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">4.4.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">No Conflict or Violation</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">21</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">4.5.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Financing.</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">21</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">4.6.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Buyer&rsquo;s Maquiladora Program</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">21</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">4.7.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Brokers and Finders</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">21</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">4.8.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Limitation on Warranties</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">22</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">V.</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">COVENANTS</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">22</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">5.1.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Assistance in Proceedings</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">22</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">5.2.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Retention of and Access to Books and Records</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">22</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">5.3.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Further Assurances</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">22</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">5.4.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Press Releases; Notices to Third Parties</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">23</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">5.5.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Covenant Not to Compete</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">23</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">5.6.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Bulk Sales Laws</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">25</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">5.7.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Wrong Pocket</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">25</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">5.8.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Confidentiality</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">25</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">5.9.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Warranty Matters</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">26</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">5.10.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Maquiladora Program</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">26</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">5.11.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Covenant Not to Solicit Sellers&rsquo; Employees</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">26</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">VI.</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">TAXES</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">26</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">6.1.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Prorations</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">26</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">6.2.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Transfer Taxes</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">27</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">6.3.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Tax Clearance Certificates</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">27</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">VII.</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">INDEMNIFICATION</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">27</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">7.1.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Indemnification by Sellers</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">27</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">7.2.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Indemnification by Buyer</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">28</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">7.3.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Defense of Third-Party Claims</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">28</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">7.4.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Other Claims</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">30</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">7.5.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Payment</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">30</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">7.6.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Survival</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">30</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">7.7.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Indemnification Limitations.</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">31</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">7.8.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Exclusive Remedy</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">33</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">VIII.</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">OTHER PROVISIONS</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">33</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">8.1.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Appendices, Exhibits and Schedules</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">33</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">8.2.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Amendment</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">34</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">8.3.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">No Waiver</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">34</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">8.4.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Entire Agreement; No Third Party Beneficiaries</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">34</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">8.5.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Governing Law</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">34</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">8.6.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Forum Selection; Waiver of Jury Trial</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">34</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">8.7.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Notices</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">34</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">8.8.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Execution of Agreement</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">35</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">8.9.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">35</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">8.10.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Construction</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">35</FONT></TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 4; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: LowerRoman; Name: PageNo -->ii<!-- Field: /Sequence -->&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; width: 7%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 7%"><FONT STYLE="font-size: 10pt">8.11.</FONT></TD>
    <TD STYLE="vertical-align: top; width: 76%"><FONT STYLE="font-size: 10pt">Successors and Assigns</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; width: 10%"><FONT STYLE="font-size: 10pt">36</FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">8.12.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Definitions.</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">36</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">8.13.</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Dispute Resolution</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">36</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 0pt">&nbsp;</P>

<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 0pt"><B><U>APPENDIX A &ndash; DEFINITIONS</U></B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt"><B><U>APPENDIX B - PRODUCTS</U></B></P>

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

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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 18%; text-underline-color: black">Exhibit A</TD>
    <TD STYLE="width: 82%; text-underline-color: black">Allocation Schedule</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Exhibit B</TD>
    <TD STYLE="text-underline-color: black">Form of Assignment and Assumption Agreement </TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Exhibit C</TD>
    <TD STYLE="text-underline-color: black">Form of Bill of Sale</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Exhibit D-1</TD>
    <TD STYLE="text-underline-color: black">Form of Trademark Assignment </TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Exhibit D-2</TD>
    <TD STYLE="text-underline-color: black">Form of Patent Assignment</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Exhibit E</TD>
    <TD STYLE="text-underline-color: black">Form of Grant-back IP License Agreement </TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Exhibit F</TD>
    <TD STYLE="text-underline-color: black">Form of Z09 A/M US Car IP License Agreement </TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Exhibit G</TD>
    <TD STYLE="text-underline-color: black">Form of Transition Services Agreement</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Exhibit H</TD>
    <TD STYLE="text-underline-color: black">Form of Contract Manufacturing Agreement </TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Exhibit I</TD>
    <TD STYLE="text-underline-color: black">Form of Supply Agreement</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 18%; text-underline-color: black">Schedule 1.3(h)</TD>
    <TD STYLE="width: 82%; text-underline-color: black">Excluded Contracts </TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Schedule 3.4</TD>
    <TD STYLE="text-underline-color: black">Third-Party Consents</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Schedule 3.6</TD>
    <TD STYLE="text-underline-color: black">GAAP Exceptions</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Schedule 3.8</TD>
    <TD STYLE="text-underline-color: black">Absence of Certain Changes </TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Schedule 3.10</TD>
    <TD STYLE="text-underline-color: black">Liens</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Schedule 3.11(b)</TD>
    <TD STYLE="text-underline-color: black">Sufficiency of Assets</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Schedule 3.11(d)</TD>
    <TD STYLE="text-underline-color: black">Acquired Personal Property Held in Bailment </TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Schedule 3.11(e)</TD>
    <TD STYLE="text-underline-color: black">Excluded Personal Property</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Schedule 3.12</TD>
    <TD STYLE="text-underline-color: black">Leased Personal Property </TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Schedule 3.13</TD>
    <TD STYLE="text-underline-color: black">Employment Matters </TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Schedule 3.14</TD>
    <TD STYLE="text-underline-color: black">Employee Benefit Plans </TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Schedule 3.15</TD>
    <TD STYLE="text-underline-color: black">Material Contracts </TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Schedule 3.16</TD>
    <TD STYLE="text-underline-color: black">Customers and Suppliers </TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Schedule 3.17</TD>
    <TD STYLE="text-underline-color: black">Taxes</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Schedule 3.18</TD>
    <TD STYLE="text-underline-color: black">Permits</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Schedule 3.19(a)</TD>
    <TD STYLE="text-underline-color: black">Intellectual Property Registrations </TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Schedule 3.19(b)</TD>
    <TD STYLE="text-underline-color: black">Intellectual Property Agreements </TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Schedule 3.20</TD>
    <TD STYLE="text-underline-color: black">Pending Proceedings</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black; text-align: justify">Schedule 3.21</TD>
    <TD STYLE="text-underline-color: black; text-align: justify">Compliance with Laws</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black; text-align: justify">Schedule 3.22</TD>
    <TD STYLE="text-underline-color: black; text-align: justify">Environmental Matters </TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black; text-align: justify">Schedule 3.23</TD>
    <TD STYLE="text-underline-color: black; text-align: justify">Insurance Policies</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Schedule 3.24</TD>
    <TD STYLE="text-underline-color: black">Warranty and Product Liability</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">Schedule 3.26</TD>
    <TD STYLE="text-underline-color: black">Transactions with Affiliates</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 5; Options: NewSection; Value: 3 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: LowerRoman; Name: PageNo -->iii<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->


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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">ASSET PURCHASE AGREEMENT</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">This ASSET PURCHASE
AGREEMENT (the &ldquo;<U>Agreement</U>&rdquo;) is made as of April 1, 2019, between STANDARD MOTOR PRODUCTS, INC., a New York corporation
(&ldquo;<U>Buyer</U>&rdquo;), and STONERIDGE, INC., an Ohio corporation (&ldquo;<U>SRI</U>&rdquo;), and STONERIDGE CONTROL DEVICES,
INC., a Massachusetts corporation (&ldquo;<U>SCD</U>&rdquo; and, together with SRI and SCD, each a &ldquo;<U>Seller</U>&rdquo;
and collectively the &ldquo;<U>Sellers</U>&rdquo;). Capitalized terms not otherwise defined herein have the meanings set forth
in <U>Appendix A</U> attached hereto.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: center"><U>Recitals</U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>A.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B>Sellers,
through their Pollak aftermarket business and related lines of business, are engaged in the business of manufacturing and distributing
Products to OEMs and aftermarket suppliers in automotive, light, medium and heavy duty truck, agricultural, construction equipment,
marine, RV, and related industries (the &ldquo;<U>Business</U>&rdquo;).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>B.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B>Sellers
desire to sell to Buyer, and Buyer desires to purchase from Sellers, the Acquired Assets, upon the terms and subject to the conditions
of this Agreement.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: center"><U>Agreements</U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">The parties, intending to be legally bound, agree as follows:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><B>I.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PURCHASE OF ACQUIRED ASSETS AND</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><B>ASSUMPTION OF LIABILITIES</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>1.1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Purchase
and Sale</U></B>. Upon the terms and subject to the conditions of this Agreement, at the Closing, each Seller shall sell, assign,
transfer, convey and deliver, or cause to be sold, assigned, transferred, conveyed and delivered, to Buyer and Buyer shall purchase,
free and clear of all Liens other than Permitted Liens, all of such Seller&rsquo;s right, title and interest in, to and under the
Acquired Assets.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>1.2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Acquired
Assets</U>. </B>The term &ldquo;<U>Acquired Assets</U>&rdquo; means the Acquired Personal Property and all of the other assets,
properties, goodwill and rights that are owned, leased or licensed by each Seller on the Closing Date and which relate primarily
to, or are used or held for use primarily in, the operation of the Business, of whatever kind and nature, real or personal, tangible
or intangible, and wherever located, other than the Excluded Assets, with such assets including, but not limited to, the following
to the extent they relate primarily to, or are used or held for use primarily in, the operation of the Business:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
finished goods inventories used primarily in the operation of the Business, including any such inventories located in the Canton
Facilities and in the Juarez Facilities (&ldquo;<U>Inventory</U>&rdquo;);</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
right, title and interest of each Seller in, to and under all Contracts, including Intellectual Property Agreements, to
which such Seller is a party or by which such Seller is bound or to which any of the Acquired Assets are subject, including
those that are listed on <U>Schedule 3.15</U> (the &ldquo;<U>Assigned Contracts</U>&rdquo;);</P>

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

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

<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->


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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;except
for the Z09 A/M US Car IP Rights, all right, title and interest of each Seller in, to and under all Intellectual Property Rights
and other intangible assets, including that which is listed on <U>Schedule 3.19(a)</U> and <U>Schedule 3.19(b)</U> (including
goodwill) (collectively, the &ldquo;<U>Intellectual Property Assets</U>&rdquo;), with Sellers receiving from Buyer a perpetual,
royalty-free license to certain Intellectual Property Assets pursuant to the Grant-back IP License Agreement;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
the extent legally assignable, all Permits;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
uniform product codes;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
of Sellers&rsquo; rights to any Proceedings of any nature available to or being pursued by Sellers to the extent primarily related
to the Assumed Liabilities, whether arising by way of counterclaim or otherwise, <U>provided that</U>, to the extent such rights
relate to the Warranty Liabilities, such rights revert to the Sellers to the extent the Warranty Liabilities exceed the Warranty
Threshold;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
of Sellers&rsquo; rights under warranties, indemnities and all similar rights against third parties to the extent primarily related
to the Assumed Liabilities, <U>provided that</U>, to the extent such rights relate to the Warranty Liabilities, such rights revert
to the Sellers to the extent the Warranty Liabilities exceed the Warranty Threshold;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
insurance benefits, including rights and proceeds, but only to the extent related to Acquired Assets which were paid for as part
of the Purchase Price but were not delivered to the Buyer due to loss or destruction and for which the Buyer does not have an adequate
remedy under this Agreement for reimbursement of the portion of the Purchase Price paid with respect to such lost or destroyed
Acquired Assets;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
the extent available, originals (or copies, if available, to the extent originals are not available) of all books and records related
to the Business, including, but not limited to, books of account, financial, accounting and property records, production records,
machinery and equipment manuals and maintenance files, bills of material, quality control records and procedures, designs, drawings,
specifications, gerber files, images and schematics of Products and their various components (including those certain printed circuit
boards sourced from Sellers&rsquo; Affiliate), customer lists and records (including invoices, purchasing histories, price lists
and customer complaints and inquiry files), supplier lists and records (including invoices, purchasing histories and price lists),
research and development records and data, and sales material and records (including product catalogs, pricing history, total sales,
terms and conditions of sale, sales and pricing policies and practices);</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
computers, hardware, software and other information technology assets and systems that are embedded in and a part of the Acquired
Personal Property; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
goodwill and the going concern value of the Business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in">&nbsp;</P>


<!-- Field: Page; Sequence: 7; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>1.3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Excluded
Assets</U>. </B>Notwithstanding anything to the contrary contained elsewhere in this Agreement, the Excluded Assets are not part
of the sale and purchase contemplated hereunder, are excluded from the Acquired Assets and shall remain the property of Seller
after the Closing. The term &ldquo;<U>Excluded Assets</U>&rdquo; means:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
corporate seals, organizational documents, minute books, stock books, Tax Returns, or other records having to do with the corporate
organization of each Seller, and all employee-related or employee benefit-related files or records and any other books and records
which Seller is prohibited from disclosing or transferring to Buyer under applicable Law and is required by applicable Law to retain;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
Tax assets of each Seller, including all prepayments and claims with respect to or for any federal, state, local or foreign Taxes;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
cash and cash equivalents;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
computers, hardware, software and other information technology assets and systems, other than that which is embedded in and a part
of the Acquired Personal Property;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
Receivables due each Seller from third parties in respect of goods sold or services rendered by such Seller on or before the Closing
Date;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Excluded Personal Property;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Z09 A/M US Car IP Rights;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
Contracts that are not Assigned Contracts, including the Master Business Services Agreement, the Master Cost Sharing Agreement,
the Omnibus Intellectual Property License Agreement and the other Contracts listed on <U>Schedule 1.3(h)</U>;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
Intellectual Property Rights that are not Intellectual Property Assets;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
of Sellers&rsquo; Employee Plans or other assets attributable thereto;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
of Sellers&rsquo; insurance policies and all rights to applicable claims and proceeds thereunder, except for any insurance benefits
described in <U>Section 1.2(h)</U>;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
assets, properties and rights of Sellers other than Acquired Assets;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
rights to use telephone numbers, telecopy numbers, e-mail addresses and listings used by each Seller related to the Business;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
rights which accrue or will accrue to each Seller under the Transaction</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in">(o)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
real property that is owned, leased or licensed by each Seller;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in">&nbsp;</P>


<!-- Field: Page; Sequence: 8; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(p)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
of Sellers&rsquo; rights to any Proceedings of any nature available to or being pursued by Sellers, except those set forth in
<U>Section 1.2(f)</U>, whether arising by way of counterclaim or otherwise; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(q)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
of Sellers&rsquo; rights under warranties, indemnities and all similar rights against third parties, except those set forth in
<U>Section 1.2(g)</U>; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(r)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
inventories (other than finished goods inventories), including raw materials, work in process, components, spare parts, supplies
and packaging materials (collectively, &ldquo;<U>R/M &amp; WIP</U>&rdquo;).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>1.4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Certain
Liabilities Assumed</U>. </B>Upon the terms and subject to the conditions of this Agreement, Buyer shall assume and agree to pay,
perform and discharge only the following liabilities of Sellers (subject to the limitations in <U>Section 1.5)</U>, which shall
be referred to herein collectively as the &ldquo;<U>Assumed Liabilities</U>&rdquo;:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;except
as otherwise provided in <U>Section 1.4(b)</U>, all obligations and liabilities of each Seller under the Assigned Contracts to
the extent that such obligations and liabilities are required to be performed after the Closing Date and were incurred in the
Ordinary Course of Business and do not relate to any failure to perform, improper performance or other breach, default or violation
by such Seller; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
obligations and liabilities of each Seller under Assigned Contracts for product warranty and recall claims, including to repair,
replace or refund the purchase price paid for Products and/or provide reimbursement for material costs, labor, freight and other
costs and expenses relating thereto, in each case, (whether identified as such or as a customer satisfaction campaign, recall
or term of similar import, including those obligations and liabilities of Sellers to customers arising under the Assigned Contracts
and relating to the safety related recall for certain ignition switches initiated by Sellers in May 2013) relating to Products
sold or manufactured by such Seller with respect to the Business on or before the Closing Date (the &ldquo;<U>Warranty Liabilities</U>&rdquo;).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>1.5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Liabilities
Not Assumed</U>. </B>Notwithstanding any other provision in this Agreement to the contrary, Buyer shall not assume and shall not
be responsible to pay, perform or discharge any Excluded Liabilities. The term &ldquo;<U>Excluded Liabilities</U>&rdquo; means
any and all obligations, liabilities, contracts or commitments of any Seller or any of their Affiliates of any kind or nature
whatsoever, whether known or unknown, liquidated or unliquidated, accrued or unaccrued, absolute, contingent or otherwise, except
for the Assumed Liabilities listed in <U>Section 1.4.</U> The Excluded Liabilities shall remain the sole responsibility of and
shall be retained, paid, performed and discharged solely by Sellers. Without limiting the generality of the foregoing and notwithstanding
anything to the contrary contained elsewhere in this Agreement, Excluded Liabilities shall include, but are not limited to, the
following:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
real property owned, leased or licensed by Sellers;</P>

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

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

<!-- Field: Page; Sequence: 9; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;subject
to Buyers&rsquo; obligation to reimburse Sellers for certain employee retention costs under the Contract Manufacturing
Agreement, any employee-related matters, including any liabilities in respect of any present or former employees, officers,
directors, independent contractors or consultants of Sellers, including any liabilities associated with any claims for any
compensation or other amounts payable, including wages, commissions, bonuses, accrued vacation, fringe, pension or profit
sharing benefits or severance, retention or termination pay, and for medical, dental, life insurance, workers&rsquo;
compensation or disability benefits or any other benefits under Sellers&rsquo; Employee Plans brought by or in respect of any
current or former employee, officer, director, independent contractor or consultant of Seller or any spouse, dependent or
beneficiary thereof;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
obligations or liabilities of Sellers arising or incurred in connection with the negotiation, preparation, investigation and performance
of any Transaction Documents, including fees and expenses of counsel, accountants, consultants, advisers, brokers and others;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
accounts payable of Sellers (including sales commissions for sales made prior to the Closing Date) to third parties in connection
with the Business;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
obligations and liabilities of Sellers in respect of any purchasing incentive programs, including credits, discounts, allowances
(including over-stock returns, stock adjustments, obsolescence returns), rebates and other customer pricing and/or payment incentives
relating to any products sold by Sellers on or before the Closing Date;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
obligations and liabilities of Sellers for: (i) any product liability or claim for personal or bodily injury (including death)
or property damage; or (ii) except to the extent comprising Warranty Liabilities, any warranty, recall, product defect or similar
claims, in each case relating to any products sold by Sellers on or before the Closing Date, including any obligations and liabilities
of Sellers under applicable Law arising from the safety related recall for certain ignition switches initiated by Sellers in May
2013;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
liabilities arising out of, in respect of or in connection with the failure by Sellers or any of their Affiliates to comply with
any Law, including any Environmental Laws;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;except
as set forth in <U>Article VI</U>, any liabilities for Taxes of Sellers or any of their Affiliates of any kind or description,
including any Taxes relating to the Business, the Acquired Assets or the Assumed Liabilities, or arising out of the consummation
of the transactions contemplated hereby;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
liabilities in respect of any Proceedings, whether pending or threatened as of the Closing Date or arising thereafter, relating
to, arising out of or otherwise in respect of the operation of the Business, the Acquired Assets or the Assumed Liabilities to
the extent such Proceedings relate to such operation on or before the Closing Date; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
liability related to closure of the Canton Facilities, including any and all obligations and liability under the WARN Act.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>1.6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Purchase
Price</U>.&nbsp;&nbsp;</B>The total consideration for the Acquired Assets will be the following (the &ldquo;<U>Purchase Price</U>&rdquo;):</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;an
amount equal to $40,000,000 (the &ldquo;<U>Estimated Cash Purchase Price</U>&rdquo;), <U>plus</U> or <U>minus</U> the Inventory
Adjustment (the &ldquo;<U>Cash Purchase Price</U>&rdquo;); and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in">&nbsp;</P>


<!-- Field: Page; Sequence: 10; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
assumption of the Assumed Liabilities.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>1.7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Allocation</U></B>.
Within thirty (30) days after the Closing Date, Buyer shall deliver a schedule allocating the Purchase Price (including any Assumed
Liabilities treated as consideration for the Acquired Assets for Tax purposes) (the &ldquo;<U>Allocation Schedule</U>&rdquo;).
The Allocation Schedule shall be prepared in accordance with Section 1060 of the Code and Treasury regulations thereunder (and
any similar provision of state, local, or non-U.S. law as appropriate) and <U>Exhibit A</U> attached hereto. The Allocation Schedule
shall be deemed final unless Sellers notify Buyer in writing that Sellers object to one or more items reflected in the Allocation
Schedule within fifteen (15) days after delivery of the Allocation Schedule to Buyer. In the event of any such objection, Sellers
and Buyer shall negotiate in good faith to resolve such dispute; provided, however, that if Sellers and Buyer are unable to resolve
any dispute with respect to the Allocation Schedule within thirty (30) days after the delivery of the Allocation Schedule to Buyer,
such dispute shall be resolved by the Reviewing Expert. The fees and expenses of such Reviewing Expert shall be borne equally
by Sellers and Buyer. Sellers and Buyer agree to file their respective IRS Forms 8594 and all federal, state and local Tax Returns
in accordance with the Allocation Schedule. Neither Buyer nor Sellers shall take any position (whether in audits, tax returns
or otherwise) that is inconsistent with such allocation unless required to do so by applicable law.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify">1.8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Calculation
of Inventory Adjustment and Payment of Final Cash Purchase Price</U><FONT STYLE="font-weight: normal">.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Adjustment
Amount</U>.&nbsp;&nbsp;&nbsp;After the Closing, the Estimated Cash Purchase Price shall be adjusted, on a dollar-for-dollar basis,
in an amount equal to the Inventory Adjustment. The Cash Purchase Price as finally determined pursuant to this <U>Section 1.8
</U>is referred to as the &ldquo;<U>Final Cash Purchase Price</U>&rdquo;.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Closing
Inventory Information</U>. Sellers shall perform an audit count of Inventory within the first week following the Closing using
the methods, practices, policies and procedures mutually agreed between the parties (the &ldquo;<U>Audit Cycle Count</U>&rdquo;).
On or before the thirtieth (30<SUP>th</SUP>) calendar day following the Closing Date, Sellers shall (i) prepare, or cause to be
prepared, a calculation of the value of the Inventory as of the Closing Date on an unaudited basis in accordance with the results
of the Audit Cycle Count and its historical accounting practices as reflected in the Asset Lists and consistent with <U>Section
3.6</U> hereof, as well as the Inventory Adjustment and Final Cash Purchase Price based thereon (collectively, the &ldquo;<U>Closing
Inventory Information</U>&rdquo;) and (ii) deliver the Closing Inventory Information to the Buyer. The Buyer shall have the right,
at the Buyer&rsquo;s sole expense, to observe the Audit Cycle Count performed by the Sellers in connection with the preparation
of the Closing Inventory Information.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Review;
Notice of Disagreement</U>. During the thirty (30) day period following the Buyer&rsquo;s receipt of the Closing Inventory Information,
the Buyer shall be permitted to review the books, records, accounting records and accounting work papers used in the preparation
of the Closing Inventory Information. The Final Cash Purchase Price as calculated by the Sellers shall become final and binding
upon the Parties on the thirty (30th) calendar day following the Buyer&rsquo;s receipt of the Closing Inventory Information, unless
the Buyer gives written notice of its disagreement thereof to the Sellers prior to such date (the &ldquo;<U>Notice of Disagreement</U>&rdquo;).
The Notice of Disagreement shall specify the Buyer&rsquo;s calculation of the Closing Inventory Information.</P>

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

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

<!-- Field: Page; Sequence: 11; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Final
Determination</U>. If the Buyer timely delivers to the Sellers the Notice of Disagreement, then the calculation of the Cash Purchase
Price shall become final and binding upon the Parties on the earlier of (i) the date Buyer and Sellers resolve in writing all
differences they have with respect to the matters specified in the Notice of Disagreement, or (ii) the date all disputed matters
are finally resolved in writing by the Reviewing Expert. If Buyer and the Sellers fail to resolve the issues outstanding with
respect to the Notice of Disagreement and the calculation of the Cash Purchase Price within thirty (30) days (or such longer time
as the parties mutually agree in writing) after Sellers&rsquo; receipt of the Notice of Disagreement, Buyer and Sellers shall
submit the issues remaining in dispute to the Reviewing Expert. Sellers and Buyer shall jointly instruct the Reviewing Expert
that it (A) shall act as an expert and not as an arbitrator, (B) shall review only the matters that were included in the Closing
Inventory Information and/or the Notice of Disagreement, (C) shall make its determination based upon the terms and conditions
set forth in this <U>Section 1.8</U> and within the range submitted by the Parties, and (D) shall render its decision within sixty
(60) days after the referral of the dispute to the Reviewing Expert for a decision pursuant hereto. The determination by the Reviewing
Expert shall be final, binding and conclusive on the Parties, absent manifest error. The fees and expenses of the Reviewing Expert
incurred in rendering any judgment pursuant to this <U>Section 1.8</U> shall be borne by the Buyer and the Sellers in inverse
proportion as to which each is successful, based upon the determination of the Reviewing Expert on the merits. For example, if
the Buyer challenges the calculation of the Inventory Adjustment by an amount of $100,000, but the Reviewing Expert determines
that the Buyer has a valid claim for only $40,000 (<I>i.e</I>., the Buyer prevails as to 40% of its claim), then the Sellers shall
bear 40% of the fees and expenses of the Reviewing Expert and the Buyer shall bear the other 60% of such fees and expenses. The
fees and expenses of the Sellers&rsquo; advisors incurred in connection with their review of the Closing Financial Information
and, if applicable, the Notice of Disagreement, shall be borne by Sellers, and the fees and expenses of Buyer&rsquo;s advisors
incurred in connection with its preparation of the Closing Financial Information, and, if applicable, the Notice of Disagreement,
shall be borne by Buyer. Judgment may be entered upon the determination of the Reviewing Expert in any court having jurisdiction
over the Party against which such determination is to be enforced. The final determination of the Purchase Price under this <U>Section
1.8</U> shall not impair any other rights of a Party under this Agreement, including any rights to indemnification.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Post-Closing
Payment</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Within
five (5) Business Days after the calculation of the Final Cash Purchase Price becomes final and binding on the Parties, Buyer shall
pay to the Sellers the amount of any Positive Inventory Adjustment by wire transfer of immediately available funds to the account
or accounts as specified by the Sellers.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Within
five (5) Business Days after the calculation of the Final Cash Purchase Price becomes final and binding on the Parties, Sellers
shall pay to the Buyer the amount of any Negative Inventory Adjustment by wire transfer of immediately available funds to the account
or accounts as specified by the Buyer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 12; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">If Buyer or Sellers,
as the case may be, shall fail to pay the amount due and owing in accordance with this <U>Section 1.8(e)</U>, such unpaid amount
shall bear interest at the Prime Rate, plus three percent (3%). Such interest shall be calculated daily on the basis of a 365 day
year and the actual number of days elapsed, without compounding.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; text-align: center">II.
CLOSING</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>2.1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Closing
Date</U></B>. The closing of the transactions contemplated by this Agreement (the &ldquo;<U>Closing</U>&rdquo;) is hereby taking
place on the date first written above (&ldquo;<U>Closing Date</U>&rdquo;) via exchange of PDF or facsimile signatures or in such
other manner as may be mutually agreed upon between Buyer and Sellers. For financial and accounting purposes, the Closing shall
be effective at 12:01 a.m. on the Closing Date.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify">2.2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Deliveries
at the Closing</U><FONT STYLE="font-weight: normal">.</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1in; text-align: justify"></TD><TD STYLE="width: 0.5in; text-align: justify">(a)</TD><TD STYLE="text-align: justify">Seller Deliveries. At Closing, Sellers shall deliver to
Buyer:</TD>
</TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify"><FONT STYLE="font-size: 10pt">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
duly executed assignment and assumption agreement in the form attached hereto as <U>Exhibit B</U> (the &ldquo;<U>Assignment and
Assumption Agreement</U>&rdquo;);</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify"><FONT STYLE="font-size: 10pt">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
bill of sale in the form attached hereto as <U>Exhibit C</U> (the &ldquo;<U>Bill of Sale</U>&rdquo;) and such deeds, assignments
and other instruments of transfer relating to the Acquired Assets in form and substance reasonably satisfactory to Buyer and its
counsel, duly executed by Seller;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
duly executed Trademark Assignment and Patent Assignment in the forms attached hereto, respectively, as <U>Exhibit D-1</U> and
<U>Exhibit D-2</U> (collectively, the &ldquo;<U>IP Assignments</U>&rdquo;);</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
duly executed and recorded Release of Trademark Security Agreement and Release of Patent Security Agreement (collectively, the
&ldquo;<U>IP Releases</U>&rdquo;);</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
duly executed grant-back license agreement in the form attached hereto as <U>Exhibit E</U> (the &ldquo;<U>Grant-back IP License
Agreement</U>&rdquo;), granting Sellers and their Affiliates a perpetual, royalty-free license to certain Intellectual Property
Assets transferred to Buyer from Seller by the IP Assignments, pursuant to the terms and conditions set forth therein;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
duly executed license agreement in the form attached hereto as <U>Exhibit F</U> (the &ldquo;<U>IP License Agreement</U>&rdquo;),
granting Buyer and its Affiliates a perpetual, royalty- free license to use the Z09 A/M US Car IP Rights and the Intellectual
Property Rights that are used or held for use by Sellers or their Affiliates in the production of those components and parts that
were supplied to the Business by such Affiliates prior to the Closing, in each case pursuant to the terms and conditions set forth
therein;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
duly executed transition services agreement in the form attached hereto as <U>Exhibit G</U> (the &ldquo;<U>Transition Services
Agreement</U>&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 13; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(viii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
duly executed contract manufacturing agreement in the form attached hereto as <U>Exhibit H</U> (the &ldquo;<U>Contract Manufacturing
Agreement</U>&rdquo;);</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(ix)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
duly executed supply agreement in the form attached hereto as <U>Exhibit I</U>, providing for the supply by Sellers to Buyer of
products for the Z09 A/M US Car and those components and parts that were supplied to the Business by Affiliates of Sellers prior
to the Closing (the &ldquo;<U>Supply Agreement</U>&rdquo;);</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(x)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;duly
executed termination statements or discharges in form and substance reasonably satisfactory to Buyer, terminating any and all Liens
on the Acquired Assets (other than Permitted Liens);</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(xi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;from
each Seller a certificate of the Secretary of State in the jurisdiction of its formation as to the good standing as of the most
recent practicable date of such Seller; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(xii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
certificate, dated as of the Closing Date, signed by an officer of each Seller, and certifying that attached thereto are true and
complete copies of (i) such Seller&rsquo;s articles of organization and bylaws and the names and signatures of its officers executing
this Agreement and each Transaction Document to which it is a party, and (ii) all resolutions of the board of directors of such
Seller authorizing the execution, delivery and performance by such Seller of this Agreement and each Transaction Document to which
it is a party and the consummation of the transactions contemplated hereby and thereby, and that all such resolutions are in full
force and effect and are all the resolutions adopted in connection with the transactions contemplated hereby and thereby.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>2.3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Buyer
Deliveries</U></B>. At Closing, Buyer shall deliver to Sellers:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
payment of the Estimated Cash Purchase Price by wire transfer of immediately available funds to an account(s) designated by SRI
in writing before the Closing Date;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Assignment and Assumption Agreement, the IP Assignments, the Grant-back IP License Agreement, the Z09 A/M US Car IP License Agreement,
the Transition Services Agreement, the Contract Manufacturing Agreement and the Supply Agreement, in each case, duly executed by
Buyer;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
certificate of the Secretary of State of New York as to the good standing as of the most recent practicable date of Buyer; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
certificate, dated as of the Closing Date, signed by an officer of Buyer, and certifying that attached thereto are true and
complete copies of (i) Buyer&rsquo;s certificate of incorporation and bylaws and the names and signatures of its officers
executing this Agreement and each Transaction Document to which it is a party, and (ii) all resolutions of the board of
directors of Buyer authorizing the execution, delivery and performance by Buyer of this Agreement and each Transaction
Document to which it is a party and the consummation of the transactions contemplated hereby and thereby, and that all such
resolutions are in full force and effect and are all the resolutions adopted in connection with the transactions contemplated
hereby and thereby.</P>

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

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

<!-- Field: Page; Sequence: 14; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid; text-align: justify"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%; text-align: justify">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: justify">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt; text-align: justify"><P STYLE="margin: 0pt; text-align: justify">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>2.4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Consents
of Third Parties</U>. </B>To the extent that any Seller&rsquo;s rights under any Assigned Contract, Permit or other Acquired Asset
to be assigned to Buyer under this Agreement may not be assigned without the consent of another person which has not been obtained,
this Agreement shall not constitute an agreement to assign the same if an attempted assignment would constitute a breach thereof
or be unlawful, and Sellers, at their expense, shall use their commercially reasonable efforts to obtain any such required consent(s)
as promptly as possible. If any such consent shall not be obtained or if any attempted assignment would be ineffective or would
impair Buyer&rsquo;s rights under the asset in question so that Buyer would not in effect acquire the benefit of all such rights,
Sellers, to the maximum extent permitted by law and the asset, shall act after the Closing as Buyer&rsquo;s agent in order to obtain
for it the benefits thereunder and shall cooperate, to the maximum extent permitted by law and the asset, with Buyer in any other
reasonable arrangement designed to provide such benefits to Buyer.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; text-align: center">III.
REPRESENTATIONS AND WARRANTIES OF SELLER</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">Sellers represent and warrant to Buyer as follows:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>3.1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Organization
and Qualification</U>. </B>Each Seller is a corporation duly organized, validly existing and in good standing under the laws of
its jurisdiction of formation. Each Seller has all requisite corporate power and authority to own, lease and operate its properties
and assets and to carry on the Business, as it is now being conducted. Each Seller has made available to Buyer complete copies
of its articles of organization and bylaws. Each Seller is duly qualified or licensed to conduct the Business and in good standing
in each jurisdiction in which the nature of the Business makes such qualification or licensing necessary, except in such jurisdictions
where the failure to be so duly qualified or licensed and in good standing would not, individually or in the aggregate, have a
Material Adverse Effect.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>3.2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Authority
and Enforceability</U>. </B>Each Seller has all necessary corporate power and authority to execute and deliver this Agreement and
the Transaction Documents and to perform its obligations hereunder and thereunder. The execution, delivery and performance of this
Agreement and the Transaction Documents have been duly authorized by all necessary corporate action and no other proceedings on
the part of any Seller is necessary to authorize this Agreement or the Transaction Documents or to consummate the transactions
contemplated hereby or thereby. This Agreement has been and, as of the Closing Date, each other Transaction Document will be duly
executed and delivered by each Seller and constitute the legal, valid and binding obligation of such Seller, enforceable against
such Seller in accordance with its terms, except as such enforceability may be subject to the laws of general application relating
to bankruptcy, insolvency and the relief of debtors and rules of law governing specific performance, injunctive relief or other
equitable remedies.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>3.3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Governmental
Authority Consents</U></B>. No Consent of any Governmental Authority is required for the execution, delivery and performance of
this Agreement and the Transaction Documents by any Seller and the consummation by any Seller of the transactions contemplated
hereby and thereby.</P>

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


<!-- Field: Page; Sequence: 15; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>3.4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Conflict; Third Party Consents</U></B>. The execution, delivery and performance of this Agreement and the Transaction Documents,
and the consummation by each Seller of the transactions contemplated hereby and thereby will not (i) violate any provision of
the articles of organization or bylaws of such Seller, (ii) violate any Law or Governmental Order to which such Seller, the Business
or any of the Acquired Assets is subject, (iii) except as set forth in <U>Schedule 3.4</U>, require the consent, notice or other
action by any Person (other than Governmental Authorities) under, conflict with, result in any breach of, constitute a default
or an event that, with or without notice or lapse of time or both, would constitute a default under, or give to any Person any
rights of or otherwise result in the termination, acceleration, modification or cancellation of any Assigned Contract which is
a Material Contract or Permit; or (iv) result in the creation of any Lien on any of the Acquired Assets.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>3.5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Capitalization</U></B>.
All of the shares of capital stock of SCD are held of record by</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify">SRI.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>3.6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Financial
Condition</U></B>. Sellers have previously made available to Buyer complete lists of the Inventory and Acquired Personal
Property (the &ldquo;<U>Asset Lists</U>&rdquo;), and the management prepared unaudited statement of income of the Business as
of December 31, 2018 (the &ldquo;<U>Income Statement</U>&rdquo;). The Asset Lists and Income Statement were prepared in
accordance with the books and records of Sellers and take into account all facts and information known to or available to the
Sellers as of the date hereof. The Income Statement reflects the results of operations of the Business as a standalone
operation and was prepared in good faith, using the accounting policies and procedures generally described on <U>Schedule
3.6</U>, which policies and practices have been consistently applied throughout the periods covered, and reflect
management&rsquo;s good faith belief as to what is appropriate for purposes of reflecting the results of operations of the
Business as a standalone operation. True, correct and complete copies of the Assets Lists and the Income Statement are
attached as <U>Schedule 3.6</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>3.7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Undisclosed Liabilities</U></B>. There are no material liabilities of the Business of a type required to be reflected on a
balance sheet prepared in accordance with GAAP, other than (i) liabilities adequately reflected or reserved against on
SRI&rsquo;s audited balance sheet for the year ended December 31, 2018 (the &ldquo;<U>Balance Sheet</U>&rdquo;), (ii)
liabilities under an executory portion of Assigned Contracts that are required to be performed after the Closing Date and
were incurred in the Ordinary Course of Business, (iii) liabilities for costs and expenses incurred in connection with the
transactions contemplated by this Agreement, and (iv) liabilities incurred since December 31, 2018 in the Ordinary Course of
Business, and which are not, individually or in the aggregate, material in amount.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>3.8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Absence
of Certain Changes</U></B>. Except for the execution of this Agreement or as contemplated by this Agreement and except as described
on <U>Schedule 3.8</U>, from December 31, 2018 and through the date of this Agreement no Seller has, with respect to the Business:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;experienced
any event, occurrence or circumstance that has had, or could reasonably be expected to have, individually or in the aggregate,
a Material Adverse Effect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 16; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;transferred,
assigned or granted any license or sublicense of any material rights under or with respect to any Intellectual Property Rights
or Intellectual Property Agreements;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;materially
changed or modified any of its practices with respect to the management, production and distribution of Inventory or R/M &amp;
WIP;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;created,
incurred or permitted to exist any Lien upon any of the Acquired Assets other than Permitted Liens;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;sold,
leased, transferred or assigned any assets, including any Acquired Assets reflected in the Asset Lists, other than the sale of
Inventory or assets, valued individually or in the aggregate less than $50,000, that are no longer necessary or required in the
conduct of the business, in each case, in the Ordinary Course of Business;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;accelerated,
terminated, materially modified or cancelled any Contract (or series of related Contracts) involving annual payments of more than
$150,000 to which Seller is a party or by which it is bound;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;entered
into any Contract that would constitute a Material Contract;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;canceled,
compromised, waived or released any right or claim (or series of related rights and claims) involving more than $100,000 individually
or in the aggregate, outside the Ordinary Course of Business;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;experienced
any damage, destruction or loss, or any material interruption in use (whether or not covered by insurance) to any of its property
that would reasonably be expected to have a Material Adverse Effect;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;failed
to make any material expenditures in connection with the normal maintenance, repair and replacement of any material assets comprising
the Acquired Assets and used in connection with the operation of the Business in accordance with its past custom and practice;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;materially
changed any of its methods of accounting or any other accounting practice with respect to the Business;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;materially
changed any of its cash management practices and policies, including billing and collecting for Products sold, extending customers
credit, collecting Receivables and paying expenses and accounts payable or otherwise changing its handling of short-term assets
and liabilities of the Business; or</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;committed
to do any of the foregoing.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>3.9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Inventories</U>. </B>All
Inventory reflected on the Asset Lists and all R/M &amp; WIP (i) was acquired and has been maintained in the Ordinary Course
of Business; and (ii) subject to any reserve for obsolete inventory recorded by Sellers, consists of items of a quality and
quantity usable and, with respect to finished goods, saleable in the Ordinary Course of Business. All Inventory and R/M
&amp; WIP is owned by Sellers free and clear of all Liens, and is presently, and at Closing (or, with respect to R/M &amp;
WIP, the date of transfer to Buyer) will be, located at Sellers&rsquo; Canton Facilities or Juarez Facilities or in transit
to or from such facilities. No Inventory reflected on the Asset Lists or R/M &amp; WIP is held on a consignment basis.</P>

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

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

<!-- Field: Page; Sequence: 17; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>3.10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Title</U>.
</B>Sellers have good and marketable title to all of the Acquired Assets free and clear of all Liens of any nature whatsoever,
except: (i) as set forth on <U>Schedule 3.10</U>, and (ii) Permitted Liens.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>3.11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Condition
and Sufficiency of Assets; Acquired Personal Property; Excluded Personal Property</U>.</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Acquired Assets have been maintained and repaired in the Ordinary Course of Business and are in such condition and repair, reasonable
wear and tear excepted, as is suitable for the purposes for which they are presently used by Sellers.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as disclosed on <U>Schedule 3.11(b)</U>, the Acquired Assets are sufficient for the continued conduct of the Business after the
Closing in substantially the same manner as conducted prior to the Closing, except for (i) the Z09 A/M US Car IP Rights and other
Intellectual Property Rights which will be licensed to Buyer pursuant to the IP License Agreement; (ii) the customer-owned tooling;
(iii) any non-Acquired Assets used by the Sellers for purposes of performing their obligations under the Supply Agreement and
the Transition Services Agreement; and (iv) the Excluded Personal Property.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
Acquired Personal Property used or held for use in the operation of the Business is presently, and at Closing will be, located
at Sellers&rsquo; Canton Facilities or Juarez Facilities.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
customer-owned tooling used or held for use in the operation of the Business is presently, and at Closing will be, located at
Sellers&rsquo; Canton Facilities or Juarez Facilities or, in the case of customer-owned tooling that is used by Sellers&rsquo;
suppliers, at the facilities of such suppliers. To the Knowledge of Sellers, <U>Schedule 3.11(d</U>), after being updated by Sellers
within sixty (60) days after the Closing Date, will accurately reflect the identity and location of the customer-owned tooling
that is used by Sellers or their suppliers in the Business.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Excluded Personal Property includes the tangible personal property listed on <U>Schedule 3.11(e)</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>3.12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Leased
Personal Property</U>. </B><U>Schedule 3.12</U> contains a complete list as of the date of this Agreement, of all leases and other
agreements under which any Seller leases any Acquired Personal Property and which obligates such Seller to make annual lease payments
in excess of $25,000. Seller has made available to Buyer complete copies of all such leases and agreements.</P>

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

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

<!-- Field: Page; Sequence: 18; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in">3.13.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Employment
Matters</U><FONT STYLE="font-weight: normal">.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Schedule
3.13</U> contains a list of (i) all salaried Employees of the Business located in the United States as of the date hereof, including
any Employee who is on a leave of absence of any nature, paid or unpaid, and sets forth for each such individual his/her name
and title or position (including whether full-time or part-time), and (ii) all Persons engaged by Sellers as independent contractors
as of the date hereof to provide services relating to the operations, customers or suppliers of the Business, including sales
agents and consultants.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Seller is and has been in compliance with all applicable Laws pertaining to employment and employment practices to the extent they
relate to Employees, consultants and independent contractors of the Business.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as disclosed on <U>Schedule 3.13:</U> (i) each Seller is not a party to or bound by any collective bargaining agreement with respect
to the Employees; (ii) there is no unfair labor practice charge or complaint pending or, to the Knowledge of Sellers, threatened
against any Seller with respect to the Employees; (iii) there is no, nor, to the Knowledge of the Sellers, is there a current
threat of, a labor strike, slowdown, work stoppage, lockout, concerted refusal to work overtime or other similar labor disruption
or dispute affecting any Seller or any Employees in connection with the Business; and (iv) no action, suit or complaint, by or
before any court, governmental, or administrative agency or commission brought by or on behalf of any Employees or former Employee
is pending or, to the Knowledge of Sellers, threatened.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify">3.14.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Employee
Benefit Plans</U><FONT STYLE="font-weight: normal">.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Schedule
3.14</U> contains a complete list of all Employee Plans for United States Employees.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as set forth in <U>Schedule 3.14,</U> (1) no Seller has any unfunded liabilities in connection with any of the Employee Plans;
and (2) all contributions, premium payments and other payments due from each Seller to or under such Employee Plans have been
paid in a timely manner.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;None
of Sellers nor any of their Affiliates have incurred or will incur any withdrawal liability (whether partial or otherwise) with
respect to any &ldquo;multiemployer plan&rdquo; (as defined in ERISA Section 3(37)) involving the Business, which liability has
not or will not have been fully paid by the Closing Date, nor will any such withdrawal occur or be initiated at any time on or
before the Closing Date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as set forth in <U>Schedule 3.14,</U> each Employee Plan has been established, maintained, funded and administered in all material
respects in accordance with its governing documents, and all applicable provisions of ERISA, the Code, other applicable Law, and
all regulations thereunder.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify">3.15.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Material
Contracts</U><FONT STYLE="font-weight: normal">.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For
purposes hereof, the term &ldquo;<U>Material Contracts</U>&rdquo; shall mean all</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;for
the purchase or sale by any Seller of goods or services involving annual payments by the Business anticipated as of the date
of this Agreement to be in excess of $250,000, or involving annual receipts by the Business anticipated as of the date of
this Agreement to be in excess of $250,000, in each case, other than purchase orders relating to pending capital expenditures
and other purchase orders or sales orders entered into in the Ordinary Course of Business;</P>

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

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

<!-- Field: Page; Sequence: 19; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;requiring
any Seller to (x) purchase a stated portion of the requirements of the Business, or (y) sell a stated portion of the outputs of
the Business, other than Contracts with customers of Sellers entered into in the Ordinary Course of Business;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;providing
for the indemnification of any Person or the assumption of any Tax, environmental or other liability of any Person with respect
to the Business, other than Contracts with customers and suppliers of Sellers entered into in the Ordinary Course of Business;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;relating
to indebtedness for borrowed money (including guarantees) of any Seller applicable to the Business involving an amount in excess
of $100,000;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;with
any Governmental Authority or any Affiliate of Seller;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;relating
to leases, licenses, installment and conditional sale agreements, and other Contracts affecting the ownership of, leasing of, title
to, use of, or any leasehold or other interest in, any Acquired Personal Property relating to the Business, in each case involving
an amount in excess of $250,000 per annum;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;constituting
a collective bargaining agreement or other Contract with any labor union covering any of the Employees;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(viii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;relating
to any material joint venture, partnership or similar legal relationship with respect to the Business;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(ix)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;that
prohibits Seller from competing in any geographical area with respect to the Business or from soliciting customers or suppliers
with respect to the Business; or</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(x)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;that
are material to the Acquired Assets or the operation of the Business and not otherwise referenced by <U>clauses (i) &ndash; (ix)
</U>above.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Schedule
3.15</U> sets forth a complete list, as of the date hereof, of all Material Contracts Sellers have heretofore made available to
Buyer complete copies (or in the case of any oral agreements, complete and correct written descriptions) of all Assigned Contracts
and Material Contracts (other than purchase orders with customers and suppliers entered into in the Ordinary Course of Business).
Each Assigned Contract and each Material Contract is valid, binding and enforceable against such Seller, except as such enforceability
may be subject to the laws of general application relating to bankruptcy, insolvency, and the relief of debtors and rules of law
governing specific performance, injunctive relief, or other equitable remedies. Each Seller has performed, in all material respects,
all obligations under the Assigned Contracts and Material Contracts required to be performed by it and no event or circumstance
has occurred that, with notice or lapse of time, would constitute an event of default under any Assigned Contract or Material
Contract. To the Knowledge of Sellers, there is no material breach or anticipated breach by any other party to any Assigned Contract
or Material Contract. There are no material disputes pending, or to the Knowledge of Sellers, threatened in writing under any
Assigned Contract or Material Contract.</P>

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

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

<!-- Field: Page; Sequence: 20; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>3.16.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Customers
and Suppliers</U>. </B>Except as set forth in <U>Schedule 3.16</U>, each Seller has not received any written notice, and to the
Knowledge of Seller has no reason to believe based on the receipt of any written notice, that (a) any Significant Customer has
ceased, or intends to cease, to purchase the goods or services of the Business or to otherwise terminate or materially reduce
its business relationship with respect to the Business; or (b) any Significant Supplier has ceased, or intends to cease, to supply
goods or services to the Business or to otherwise terminate or materially reduce its business relationship with respect to the
Business. The term &ldquo;<U>Significant Customer</U>&rdquo; means each customer of the Business who has paid aggregate consideration
to Sellers for goods or services rendered in an amount greater than or equal to $250,000 for each of the two (2) most recent fiscal
years, and the term &ldquo;<U>Significant Supplier</U>&rdquo; means each supplier of the Business to whom Sellers have paid consideration
for goods or services rendered in an amount greater than or equal to $250,000 for each of the two (2) most recent fiscal years.
<U>Schedule 3.16</U> contains a complete list of the Significant Customers and Significant Suppliers and the dollar volume of
business with each Significant Customer and Significant Supplier for the two (2) most recent fiscal years.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in">3.17.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Taxes</U><FONT STYLE="font-weight: normal">.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Seller and its Mexican Subsidiary has (i) timely filed all material Tax Returns which are required to be filed by such Seller or
its Mexican Subsidiary with respect to any Taxes, and (ii) paid all Taxes due or assessed pursuant to the Tax Returns.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
Tax Returns are true, complete and correct in all material respects, and properly reflect the liabilities of Seller or its Mexican
Subsidiary for Taxes for the periods, properties or events covered thereby.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as set forth in <U>Schedule 3.17</U>, no extensions of time in which to file any material Tax Returns have been executed or filed
with any taxing authority.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Seller and its Mexican Subsidiary has not received any notice of assessment of additional Taxes and have not executed or filed
with any taxing authority any agreement extending the period of assessment of any Taxes.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;There
are no material claims, examinations, Proceedings or proposed deficiencies for Taxes pending or, to the Knowledge of Sellers, threatened
against any Seller or its Mexican Subsidiary. Each Seller and its Mexican Subsidiary is current in the payment of all withholding
and other Employee-related Taxes which are due and payable.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;There
are no Liens for Taxes upon any of the Acquired Assets nor, to the Knowledge of Sellers, is any taxing authority in the process
of imposing any Liens for Taxes on any of the Acquired Assets (other than for current Taxes not yet due and payable).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as set forth in <U>Schedule 3.17</U>, no Seller has been audited by the Internal Revenue Service or any other Governmental Authority
within the past five years.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in">&nbsp;</P>


<!-- Field: Page; Sequence: 21; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
Seller nor any of their Subsidiaries are or have been a party to any &ldquo;reportable transaction,&rdquo; as defined in Code Section
6707A(c)(1) and Treas. Reg. Section 1.6011-4(b).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;None
of the Acquired Assets is (i) required to be treated as being owned by another person pursuant to the so-called &ldquo;safe harbor
lease&rdquo; provisions of former Section 168(f)(8) of the Internal Revenue Code of 1954, as amended, (ii) subject to Section 168(g)(1)(A)
of the Code, or (iii) subject to a disqualified leaseback or long-term agreement as defined in Section 467 of the Code.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;None
of the Acquired Assets is tax-exempt use property within the meaning of Section 168(h) of the Code.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sellers&rsquo;
Mexican Subsidiary maintains a Maquiladora Program and a Certification, which are in good standing under applicable Law. All Inventory
and R/M &amp; WIP located in Mexico at the time of the Closing has been imported into Mexico in compliance with applicable customs
Law, under a temporary importation scheme through Sellers&rsquo; Maquiladora Program and the Certification of Sellers&rsquo; Mexican
Subsidiary. The temporary importation period with respect to said Inventory and R/M &amp; WIP has not expired and will not expire
at Closing or, with respect to R/M &amp; WIP, the date of transfer to Buyer.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>3.18.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Permits</U>.
</B><U>Schedule 3.18</U> contains a complete list of all material Permits (other than Environmental Permits disclosed on <U>Schedule
3.22</U>) used by any Seller that are related to the operation or conduct of the Business or the ownership and use of the Acquired
Assets. All material Permits required for Sellers to conduct the Business as currently conducted or for the ownership and use
of the Acquired Assets have been obtained by Sellers and are valid and in full force and effect. All fees and charges with respect
to such material Permits as of the date hereof have been paid in full. To the Knowledge of the Sellers, no event has occurred
that, with or without notice or lapse of time, would reasonably be expected to result in the revocation, suspension, lapse or
limitation of any Permit set forth in <U>Schedule 3.18</U>.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify">3.19.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Intellectual
Property Rights</U><FONT STYLE="font-weight: normal">.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Schedule
3.19(a)</U> contains a complete list of all Intellectual Property Registrations. All required filings and fees related to the
Intellectual Property Registrations have been timely filed with and paid to the relevant Governmental Authorities and authorized
registrars, and all Intellectual Property Registrations are otherwise in good standing.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Schedule
3.19(b)</U> contains a complete list of all material Intellectual Property Agreements. Sellers have provided Buyer with true and
complete copies (or in the case of any oral agreements, a complete and correct written description) of all such Intellectual Property
Agreements, including all modifications, amendments and supplements thereto and waivers thereunder.</P>

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

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

<!-- Field: Page; Sequence: 22; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sellers
have good and marketable title to the Intellectual Property Assets, free and clear of Liens other than Permitted Liens, and
are the record owner of the Intellectual Property Registrations. Except for the Z09 A/M US Car IP Rights, the Intellectual
Property Assets are all of the Intellectual Property Rights used or held for use in or necessary for the conduct of the
Business as currently conducted. The consummation of the transactions contemplated hereunder will not result in the loss or
impairment of or payment of any additional amounts with respect to, nor require the consent of any other Person in respect
of, Buyer&rsquo;s right to own, use or hold for use any Intellectual Property Asset as owned, used or held for use in or
necessary for the conduct of the Business as currently conducted. To the Knowledge of Sellers, all of the Intellectual
Property Assets are valid and enforceable, and all Intellectual Property Registrations are subsisting and in full force and
effect. Sellers have taken reasonable and necessary steps to maintain and enforce the Intellectual Property Assets and to
preserve the confidentiality of all trade secrets included in the Intellectual Property Assets.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
the Knowledge of Sellers, the conduct of the Business as currently and formerly conducted, including the use of the Intellectual
Property Assets in connection therewith, and the products, processes and services of the Business have not infringed, misappropriated
or otherwise violated the Intellectual Property Rights or other rights of any Person.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;There
are no Proceedings (including any opposition, cancellation, revocation, review or other proceeding) settled, pending or, to the
Knowledge of Sellers, threatened (including in the form of offers to obtain a license): (i) alleging any infringement, misappropriation,
or other violation of the Intellectual Property Rights of any Person by any Seller in the conduct of the Business; (ii) challenging
the validity, enforceability, registrability, patentability, or ownership of any Intellectual Property Assets; or (iii) by any
Seller or any other Person alleging any infringement, misappropriation or violation by any Person of any Intellectual Property
Assets. No Seller is aware of any facts or circumstances that could reasonably be expected to give rise to any such Action. No
Seller is subject to any outstanding or prospective Governmental Order (including any motion or petition therefor) that does or
could reasonably be expected to restrict or impair the use of any Intellectual Property Assets.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>3.20.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Pending Proceedings</U>. </B>Except as set forth in <U>Schedule 3.20</U>, there are no Proceedings pending or, to the Knowledge
of Sellers, threatened by or against any Seller relating to the Business, the Acquired Assets or the Assumed Liabilities. To the
Knowledge of the Sellers, no event has occurred or circumstances exist which could reasonably be expected to result in any Proceeding
that would have a Material Adverse Effect. There are presently no outstanding Governmental Orders of any Governmental Authority
or order of any arbitrator against or affecting any of the Business, the Acquired Assets or the Assumed Liabilities.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>3.21.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Compliance
with Laws</U>. </B>Except as set forth in <U>Schedule 3.21</U>, within the last three (3) years, the Business has been conducted
in compliance in all material respects with all applicable Laws. Within the last three (3) years, no notice, citation, summons
or order has been assessed and no Proceeding, investigation or review is pending or, to the Knowledge of Sellers, threatened by
any Governmental Authority with respect to any actual or alleged violation by a Seller of any Law with respect to the Business.</P>

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

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

<!-- Field: Page; Sequence: 23; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify">3.22.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Environmental
Matters</U><FONT STYLE="font-weight: normal">.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Schedule
3.22</U> contains a description of all Environmental Permits currently held by each Seller in connection with the operation of
the Business and a complete list of all solid waste and hazardous waste disposal, treatment, and storage facilities which are
presently used by each Seller in the operation of the Business for disposal of Hazardous Substances. Each Seller has obtained
and is in material compliance with all Environmental Permits necessary for the conduct of the Business as currently conducted
or the ownership, lease, operation or use of the Acquired Assets and all such Environmental Permits are in full force and effect
and shall be maintained in full force and effect by such Seller through the Closing Date in accordance with Environmental Law.
No Seller has received any Environmental Notice or written communication regarding any material adverse change in the status or
terms and conditions of any Environmental Permit.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as set forth in <U>Schedule 3.22</U>:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
Seller has received from any Person with respect to the Business or the Acquired Assets any: (i) Environmental Claim; or (ii) written
request for information pursuant to Environmental Law, which, in each case, either remains pending or unresolved, or is the source
of ongoing obligations or requirements as of the Closing Date;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;each
Seller is currently and has been operating the Business in compliance with all Environmental Laws; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;no
spill, leak, discharge, deposit, emission or other release or threat of release of any Hazardous Substances has occurred with respect
to the Business or the Acquired Assets or has occurred on, at or from any real property owned, leased or operated by any Seller
with respect to the Business, and no Seller has received written notice that any of the Business or the Acquired Assets or real
property owned, leased or operated by any Seller in connection with the Business (including soils, groundwater, surface water,
buildings and other structure located thereon) has been contaminated with any Hazardous Substances which could reasonably be expected
to result in an Environmental Claim against, or a violation of Environmental Law or term of any Environmental Permit by, any Seller.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>3.23.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Insurance
Coverage</U>. </B>Each Seller maintains liability, casualty, property loss and other insurance coverages with respect to the conduct
of the Business in such amounts, of such kinds and with such insurance carriers as are generally deemed appropriate and sufficient
for companies of a similar size engaged in similar types of business and operations. <U>Schedule 3.23</U> sets forth (a) a complete
list of all current policies or binders of fire, liability, product liability, umbrella liability, real and personal property,
workers&rsquo; compensation, vehicular, fiduciary liability and other casualty and property insurance maintained by each Seller
and relating to the Business, the Acquired Assets or the Assumed Liabilities; and (b) with respect to the Business, the Acquired
Assets or the Assumed Liabilities, a list of all pending claims and the claims history for each Seller for the last three (3)
years. There are no claims related to the Business, the Acquired Assets or the Assumed Liabilities pending under any such insurance
policies as to which coverage has been questioned, denied or disputed or in respect of which there is an outstanding reservation
of rights.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>3.24.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Warranty
and Products Liability</U></B>. With respect to the Business, except as set forth in <U>Schedule 3.24</U>:</P>

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


<!-- Field: Page; Sequence: 24; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;no
Seller has made any warranties with respect to its Products or services which are in force as of the date of this Agreement, except
as set forth (i) in the copy of (or in the case of any oral agreements, written description of) the Assigned Contracts heretofore
made available to Buyer and (ii) purchase orders with customers and suppliers entered into in the Ordinary Course of Business,
which do not contain provisions that differ materially from the customer and supplier purchase orders that Seller has heretofore
made available to Buyer;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;there
are no obligations or liabilities of or Proceedings pending against any Seller and, to the Knowledge of Sellers, no obligations
or liabilities or Proceedings are threatened against any Seller, with respect to any product liability (or similar claim) of any
Seller or product warranty (or similar claim) of any Seller that relates to any Product manufactured, shipped or sold by Sellers;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
the Knowledge of Sellers, there is no alleged or actual defect in the manufacture, design, materials or workmanship, or alleged
or actual failure to warn of any of the foregoing, in any Product (or component thereof) which has been manufactured, shipped or
sold by Sellers; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;there
has not been any event or occurrence that, with or without notice or lapse of time, would reasonably be expected to result in any
material product recall, rework or retrofit relating to any Product which has been manufactured, shipped or sold by Sellers.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>3.25.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Brokers
and Finders</U>. </B>Except for Angle Advisors, LLC, whose fees and expenses shall be paid solely by Sellers, no Seller is a party
to any Contract under which such Seller could be obligated to pay any brokerage, finder&rsquo;s or other fee or commission in connection
with the transactions contemplated by this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>3.26.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Transactions
with Affiliates</U>. </B>Except as set forth on <U>Schedule 3.26</U>, there are no intercompany services or products being provided
by (a) the Business to any Seller or any Affiliate of such Seller or (b) any Seller or any Affiliate of such Seller to the Business,
and there are no Contracts between or among Sellers and any Affiliate of Sellers with respect to the Business.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>3.27.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Limitation
on Warranties</U>. </B>EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT OR AS AND TO THE EXTENT REQUIRED BY THIS AGREEMENT TO BE
SET FORTH IN THE DISCLOSURE SCHEDULES, NONE OF SELLERS, THEIR RESPECTIVE AFFILIATES NOR ANY OTHER PERSON HAS MADE OR MAKES ANY
REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AT LAW OR IN EQUITY, IN RESPECT OF THE ACQUIRED ASSETS, THE ASSUMED LIABILITIES
OR THE BUSINESS, INCLUDING, WITHOUT LIMITATION, WITH RESPECT TO ENVIRONMENTAL MATTERS, MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR
PURPOSE, TITLE AND NON-INFRINGEMENT. ALL OTHER REPRESENTATIONS OR WARRANTIES BY SELLERS ARE HEREBY DISCLAIMED.</P>

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

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

<!-- Field: Page; Sequence: 25; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; text-align: center">IV.
REPRESENTATIONS AND WARRANTIES OF BUYER</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">Buyer hereby represents and warrants to Sellers as follows:</P>

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




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>4.1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Organization</U>.
</B>Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of New York. Buyer
has all requisite corporate power and authority to own, lease and operate its properties and assets and to carry out its business
as and where now being conducted.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>4.2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Authority
and Enforceability</U>. </B>Buyer has all necessary corporate power and authority to execute and deliver this Agreement and the
Transaction Documents and to perform its obligations hereunder and thereunder. The execution, delivery and performance of this
Agreement and the Transaction Documents have been duly authorized by all necessary corporate action and no other proceedings on
the part of Buyer is necessary to authorize this Agreement or the Transaction Documents or to consummate the transactions contemplated
hereby or thereby. This Agreement has been, and as of the Closing Date, each other Transaction Document will be duly executed and
delivered by Buyer and constitute the legal, valid and binding obligation of Buyer, enforceable against Buyer in accordance with
its terms, except as such enforceability may be subject to the laws of general application relating to bankruptcy, insolvency and
the relief of debtors and rules of law governing specific performance, injunctive relief or other equitable remedies.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>4.3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Third-Party
Consents</U>. </B>No Consent of any Governmental Authority is required for the execution, delivery and performance of this Agreement
and the Transaction Documents by Buyer and the consummation by Buyer of the transactions contemplated hereby and thereby.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>4.4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Conflict or Violation</U>. </B>The execution, delivery and performance of this Agreement and the Transaction Documents, and the
consummation by Buyer of the transactions contemplated hereby and thereby will not (i) violate any provision of the certificate
of incorporation or bylaws of Buyer; (ii) violate any Law or any Governmental Order to which Buyer is subject; or (iii) require
the consent, notice or other action by any Person under, conflict with, result in any breach of, constitute a default or an event
that, with or without notice or lapse of time or both, would constitute a default under, or give to any Person any rights of or
otherwise result in the termination, acceleration, modification or cancellation of any Assigned Contract or Permit; or (iv) result
in the creation of any Lien on any of its assets, except, with respect to clauses (iii) and (iv) above, such action as is required
to be taken under its credit agreement and any Liens resulting therefrom.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>4.5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Financing</U></B>.
Buyer has funds sufficient to consummate the transactions contemplated by this Agreement and will have such funds at the Closing.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>4.6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Buyer&rsquo;s
Maquiladora Program</U></B>. Buyer&rsquo;s Mexican Subsidiary maintains a Maquiladora Program in good standing under applicable
Law.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>4.7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Brokers
and Finders</U></B>. Neither Buyer nor any of its Affiliates is a party to any Contract under which Sellers could be obligated
to pay any brokerage, finder&rsquo;s or other fee or commission in connection with the transactions contemplated by this Agreement.</P>

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

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

<!-- Field: Page; Sequence: 26; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in">4.8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Limitation
on Warranties</U><FONT STYLE="font-weight: normal">.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BUYER
HEREBY ACKNOWLEDGES AND AGREES THAT, EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT OR AS AND TO THE EXTENT REQUIRED BY THIS
AGREEMENT TO BE SET FORTH IN THE DISCLOSURE SCHEDULES, NONE OF SELLERS, THEIR AFFILIATES OR ANY OTHER PERSON HAS MADE OR
MAKES, AND BUYER IS NOT RELYING UPON, ANY REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AT LAW OR IN EQUITY, IN RESPECT OF
THE ACQUIRED ASSETS, THE ASSUMED LIABILITIES OR THE BUSINESS, INCLUDING, WITHOUT LIMITATION, WITH RESPECT TO ENVIRONMENTAL
MATTERS, MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buyer
acknowledges and agrees that, in entering into this Agreement and in consummating the transactions contemplated hereby, it has
relied and will rely solely upon its own investigation and analysis and the representations and warranties contained in this Agreement,
the Transaction Documents and in the Disclosure Schedules.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; text-align: center">V.
COVENANTS</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>5.1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Assistance
in Proceedings</U>. </B>Without agreeing to be a named party in, or incurring any costs related to, any Proceeding, Sellers and
Buyer (and each of their Representatives) shall mutually cooperate with each other in the contest or defense of, and make available
its personnel and provide any testimony and access to its books and records in connection with, any Proceeding involving or relating
to (a) any of the transactions contemplated by this Agreement, or (b) any third party claims made against or incurred by Sellers
for periods prior to the Closing or third party claims made against or incurred by Buyer for periods after the Closing, in each
case relating to the Business.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>5.2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Retention
of and Access to Books and Records</U>. </B>In order to facilitate the resolution of any third party claims made against or incurred
by Sellers for periods prior to the Closing or third party claims made against or incurred by Buyer for periods after the Closing
or for any other reasonable purpose, after the Closing Date, each party shall retain for the period of time required by its document
retention policy (but in no event for a period of less than seven years) the books and records related to the Business that are
within such party&rsquo;s possession or control. During such period, each party shall provide the other party and its Representatives
reasonable access thereto, during normal business hours and on at least three (3) Business Days&rsquo; prior written notice.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>5.3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Further
Assurances</U></B>. In case at any time after the Closing any further actions are necessary to carry out the purposes of
this Agreement, each of the parties will take such further actions (including the execution and delivery of such further
documents and instruments) as any other party may reasonably request to carry out the provisions of this Agreement and the
Transaction Documents and give effect to the transactions contemplated hereby and thereby. Without limiting the generality of
the foregoing, the parties agree to: (a) make any Acquired Assets that were not delivered to Buyer at Closing available to
Buyer for pickup without payment of any additional Purchase Price, and (b)(i) cooperate reasonably with each other after the
Closing to assist the Buyer in identifying any assets which, as of the Closing Date, are used in the Business (other than
Excluded Assets), but which were not delivered to the Buyer as part of the Acquired Assets, and (ii) engage in good faith
discussions to assist Buyer in mitigating the losses and additional costs and expenses that it would incur as result of its
inability to use, such asset.</P>

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

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

<!-- Field: Page; Sequence: 27; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>5.4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Press
Releases; Notices to Third Parties</U>. </B>Except as required by applicable Law (including any stock exchange requirements), no
party to this Agreement shall make any public statement or releases concerning this Agreement or the transactions contemplated
hereby without the prior written consent of the other party (which consent shall not be unreasonably withheld, conditioned or delayed),
and the parties shall cooperate as to the timing and contents of any such announcement. Furthermore, the parties shall cooperate
as to the timing and contents of announcements to customers and suppliers of the Business.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify">5.5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Covenant
Not to Compete</U><FONT STYLE="font-weight: normal">.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Seller agrees that, for a period commencing on the Closing Date and ending on the fifth (5<SUP>th</SUP>) anniversary of the Closing
Date, such Seller and its Affiliates shall not, directly or indirectly, for itself or any other Person:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;engage
in, assist others in engaging in or invest in, own, manage, operate, consult with, provide financing to, or join, control or participate
in the ownership, management, operation or control of, or the provision of financing to, any Person engaged in the Business or
any activities competitive with the Business as it was conducted as of the Closing Date, anywhere in North America; or</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;cause,
induce or encourage any actual or prospective customer, client, supplier or other business relation of the Business (whether any
such customer, client, supplier or other business relation was formed prior to or after the date of this Agreement) to cease or
otherwise reduce or modify its relationship with the Business.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
parties specifically acknowledge and agree that any breach or threatened breach of this <U>Section 5.5</U> would give rise to
irreparable harm to Buyer and that the remedy at law for any such breach or threatened breach will be inadequate and that Buyer,
in addition to any other rights and remedies available to it in respect of such breach or threatened breach, shall be entitled
to equitable relief, including a temporary restraining order, temporary and permanent injunctive relief, specific performance
and any other relief that may be available from a court of competent jurisdiction (without any requirement to post bond or prove
actual damage).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Seller acknowledges that the restrictions contained in this <U>Section 5.5</U> are reasonable and necessary to protect the
legitimate interests of Buyer and constitute a material inducement to Buyer to enter into this Agreement and consummate the
transactions contemplated by this Agreement. If the final judgment of a court of competent jurisdiction declares that any
term or provision of this <U>Section 5.5</U> is invalid or unenforceable under applicable Law in any jurisdiction, the
parties agree that the court making the determination of invalidity or unenforceability shall have the power in such
jurisdiction to reduce the scope, duration, or area of the term or provision, to delete specific words or phrases, or to
replace any invalid or unenforceable term or provision with a term or provision that is valid and enforceable and that comes
closest to expressing the intention of the invalid or unenforceable term or provision.</P>

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

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

<!-- Field: Page; Sequence: 28; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
anything to the contrary in this <U>Section 5.5</U>, except for the limitations set forth in <U>Section 5.5(e)</U>, nothing in
this <U>Section 5.5</U> will restrict:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Sellers or their Affiliates from purchasing or otherwise acquiring in the aggregate up to five percent (5%) of the outstanding
stock of any publicly traded corporation;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;subject
to the conditions set forth in <U>Section 5.5(e)</U>, the Sellers or their Affiliates from purchasing or otherwise acquiring a
Person engaged in the Business, but only if the gross sales of such Person attributable to the Business as it was conducted as
of the Closing Date (the &ldquo;<U>Competing Business</U>&rdquo;) are less than 20% of such Person&rsquo;s total gross sales;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Sellers or their Affiliates from fulfilling their obligations under the Contract Manufacturing Agreement, the Supply Agreement
or any other agreements between Buyer and Seller; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
acquisition of a Seller by a Person that is engaged in the Business as it was conducted as of the Closing Date prior to such acquisition
(the &ldquo;<U>Acquiring Company</U>&rdquo;), in which case such acquisition will not constitute a breach of this <U>Section 5.5
</U>and, moreover, the provisions of this <U>Section 5.5</U> will not apply to any such Acquiring Company or its Affiliates.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the event that a Seller or its Affiliate acquires a Person (in such case, a &ldquo;<U>Target</U>&rdquo;) engaged in the Business
in accordance with <U>Section 5.5(d)(ii)</U>, the Sellers shall:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;provide
the Buyer, for a period of ninety (90) days (or such earlier date that Buyer delivers a written notice waiving its right to negotiate
as described in this clause) after the consummation of such acquisition (the &ldquo;<U>Exclusivity Period</U>&rdquo;), with the
exclusive right to negotiate with the Seller for the acquisition by the Buyer or its Affiliates of all of the Competing Business
of the Target on terms and conditions mutually agreeable to the parties; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;if
the Seller and the Buyer do not enter into a definitive agreement for such acquisition during the Exclusivity Period, and if the
gross sales of the Target attributable to the Competing Business exceed $10,000,000, then within nine (9) months after the end
of the Exclusivity Period, Seller shall enter into a definitive agreement to cause the divestiture of the Competing Business of
the Target such that the restrictions set forth in this <U>Section 5.5(d)(ii)</U> would not operate to restrict such ownership
and has completed such disposition within six (6) of the date of such definitive agreement (the &ldquo;<U>Divestiture Period</U>&rdquo;),
<U>provided that</U> if such divestiture has not been consummated due to (x) any applicable waiting period (including extension
thereof) applicable to such divestiture under applicable antitrust Laws, or under any other applicable Law or Governmental Order
not having expired or been terminated, or (y) the failure to procure or obtain any required governmental, regulatory or third-party
consents applicable to such divestiture, then the Divestiture Period will automatically be extended so that it expires one (1)
week following the later of the expiration or termination of such waiting period and the procurement or obtainment of all such
consents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 29; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>5.6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Bulk
Sales Laws</U>. </B>The parties hereby waive compliance with the provisions of any 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 Acquired Assets to Buyer; it being
understood that any liabilities arising out of the failure of a Seller to comply with the requirements and provisions of any bulk
sales, bulk transfer or similar Laws of any jurisdiction shall be treated as an Excluded Liability.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>5.7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Wrong
Pocket</U></B>. In the event that Sellers (or any Affiliate thereof) receives any payment related to any Acquired Asset after the
Closing (including any Receivables due Buyer from third parties in respect of goods sold or services rendered by Buyer after the
Closing Date), Sellers agree to promptly remit (or cause to be promptly remitted) such funds to Buyer on a weekly basis. In the
event that Buyer (or any Affiliate of thereof) receives any payment related to any Excluded Asset after the Closing (including
any Receivables due Sellers from third parties in respect of goods sold or services rendered by Sellers on or before the Closing
Date), Buyer agrees to promptly remit (or cause to be promptly remitted) such funds to Sellers on a weekly basis.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify">5.8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Confidentiality</U><FONT STYLE="font-weight: normal">.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
parties acknowledge and agree that the Confidentiality Agreement remains in full force and effect in accordance with its terms,
except as it relates to the Business, the Acquired Assets and the Assumed Liabilities.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Seller agrees that following the Closing Date it shall, and shall cause its directors, officers, employees, advisors and
Affiliates to, keep the Business Confidential Information (as defined below), confidential for a period of three (3) years
from the Closing Date, except that any Business Confidential Information may be disclosed if such disclosure is (i) required
by any applicable Law, (ii) necessary to establish rights under this Agreement, (iii) to such Seller&rsquo;s shareholders,
potential investors, potential strategic partners and financing sources, in each case, to the extent that they are bound to a
comparable level of confidentiality as set forth in this Agreement, or (iv) to such Seller&rsquo;s Affiliates, directors,
officers, employees, attorneys, agents, and accountants on a reasonable need to know basis. For purposes hereof, the term
&ldquo;<U>Business Confidential Information</U>&rdquo; means all information that relates to the Business, the Acquired
Assets or the Assumed Liabilities, other than any such information that (A) is available to the public on the Closing Date,
or thereafter becomes available to the public other than as a result of a breach of this <U>Section 5.8(b)</U>; (B) is
disclosed by Buyer to a third party without an obligation of confidence; (C) is developed by any Seller independently of the
Business; or (D) is received by any Seller after the Closing Date from a third party without any obligation of confidence. If
any Seller or its Representatives are compelled to disclose any information by judicial or administrative process or by other
requirements of Law, such Seller shall promptly notify Buyer in writing so that Buyer may seek an appropriate protective
order or other remedy, and provide Buyer reasonable assistance in opposing such disclosure and seeking such protective order
or other limitation on disclosure. If, after providing such notice and assistance, Seller or its Representatives remain
compelled to disclose such information by law, Seller shall disclose only that portion of such information which such Seller
is advised by its counsel is legally required to be disclosed, and use reasonable efforts to obtain reasonable assurances
from the applicable court that confidential treatment will be accorded such information.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 30; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>5.9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Warranty
Matters</U></B>. In the event that Sellers are obligated to supply Products after Closing as a result of any Excluded Liabilities,
such as an obligation of Sellers under applicable Law arising from a safety related recall, where Buyer would not be obligated
to satisfy Sellers&rsquo; obligation to supply these Products pursuant to <U>Section 1.4(b)</U> of this Agreement, the Buyer agrees
to thereafter supply the Sellers with the Products at a price equal to that which the Sellers had in effect as of the Closing
Date (or as of the time closest to the Closing Date), with the other terms and conditions to be substantially the same as those
set forth in the Supply Agreement, albeit with the Buyer as the supplier and the Sellers as the purchasers.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>5.10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Maquiladora
Program</U>s. </B>Buyer&rsquo;s and Sellers&rsquo; Mexican Subsidiary shall keep their respective Maquiladora Programs in good
standing under applicable Law until the Inter- Maquiladora Customs Transfer is completed with respect to all of the Acquired Assets.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify">5.11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Covenant
Not to Solicit Sellers&rsquo; Employees</U><FONT STYLE="font-weight: normal">.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buyer,
for a period (the &ldquo;<U>Restricted Period</U>&rdquo;) commencing on the Closing Date and ending on the later to terminate
of the Transition Services Agreement or the Contract Manufacturing Agreement, shall not, directly or indirectly, for itself or
any other Person induce or attempt to induce any employee, independent contractor or consultant of the Sellers engaged in the
Business or in the provisions of the services contemplated by the Transition Services Agreement or the Contract Manufacturing
Agreement to leave the employ of, or independent contractor or consulting position with, the Sellers during the Restricted Period,
or in any way interfere with the relationship between the Sellers and any such employee, independent contractor or consultant
during the Restricted Period or hire or engage any such employee, independent contractor or consultant during the Restricted Period,
<U>provided that</U> nothing contained herein shall prevent the Buyer from (i) employing or engaging any such employee, independent
contractor or consultant or any other Person who has been terminated by the Sellers after the Restricted Period, or (ii) after
consultation with Sellers, soliciting, engaging in discussions with or offering to hire or engage any such employee, independent
contractor or consultant during the Restricted Period where such employment or engagement would commence after the Restricted
Period.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; text-align: center">VI.
TAXES</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>6.1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Prorations</U></B>.
Sellers shall pay all personal property and similar taxes levied with respect to the Acquired Assets which are due and payable
before the Closing Date. All personal property and similar taxes imposed on a periodic basis, in each case levied with respect
to the Acquired Assets, other than transfer taxes provided for in <U>Section 2.2</U>, for a taxable period which includes (but
does not end on) the Closing Date shall be apportioned between Sellers and Buyer as of the Closing Date based on the number of
days of such taxable period included in the pre- Closing tax period (including the Closing Date) and the number of days of such
taxable period included in the post-Closing tax period. Sellers shall be liable for the proportionate amount of such Taxes that
is attributable to the pre-Closing tax period.</P>

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

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

<!-- Field: Page; Sequence: 31; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>6.2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Transfer
Taxes</U>. </B>All sales, use, transfer, documentary, stamp, registration, value added and other such Taxes and fees
(including any penalties and interest), if any, incurred in connection with this Agreement and the other Transaction
Documents and reasonable expenses attributable thereto shall be borne and paid fifty percent (50%) by Buyer and fifty percent
(50%) by Sellers when due. Sellers and Buyer shall cooperate with each other and use their commercially reasonable efforts to
minimize the transfer taxes attributable to the transfer of the Acquired Assets. Furthermore, (i) Buyer shall be responsible
for and shall pay any Mexican customs duties, Taxes and fees arising from Buyer&rsquo;s or its Affiliates failure to properly
effect the Inter-Maquiladora Customs Transfer, and (ii) Sellers shall be responsible for and shall pay any Mexican customs
duties, Taxes and fees arising from Sellers&rsquo; or its Affiliates failure to properly effect the Inter-Maquiladora Customs
Transfer. Notwithstanding anything to the contrary set forth herein, the parties agree that the Buyer&rsquo;s Mexican
Subsidiary shall not assume any direct or joint import duty liability upon the Inter-Maquiladora Customs Transfer, since the
corresponding import duties were exempt or will be paid by the Sellers&rsquo; Mexican Subsidiary prior to the Inter-
Maquiladora Customs Transfer.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>6.3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Tax
Clearance Certificates</U></B>. Promptly following the execution and delivery of this Agreement, Sellers shall notify all of the
taxing authorities in the jurisdictions that impose Taxes on Sellers or where Sellers have a duty to file Tax Returns reporting
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 Buyer to any Taxes of Sellers. If any taxing
authority asserts that any Seller is liable for any Tax, Sellers shall promptly pay any and all such amounts and shall provide
evidence to the Buyer that such liabilities have been paid in full or otherwise satisfied, provided, however, if such tax is being
contested by Seller in good faith, then such amount need not be paid unless and until a final determination (including exhaustion
or conclusion of all appeal rights) is made by the taxing authority or a court of competent jurisdiction that such tax is due and
owing.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; text-align: center">VII.
INDEMNIFICATION</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>7.1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indemnification
by Sellers</U></B>. Subject to the provisions of this Article VII, Sellers shall indemnify, defend and hold harmless Buyer and
its Affiliates and their respective Representatives (&ldquo;<U>Buyer&rsquo;s Indemnified Persons</U>&rdquo;) from and against,
and shall reimburse Buyer&rsquo;s Indemnified Persons for, any and all losses, liabilities, damages, deficiencies, judgments,
interest, awards, penalties, fines, Legal Expenses and other reasonable costs or expenses of whatever kind (collectively, &ldquo;<U>Losses</U>&rdquo;),
incurred or sustained by, or imposed upon, the Buyer&rsquo;s Indemnified Persons based upon, arising out of, with respect to,
by reason of or based upon:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
breach of any representation or warranty of Sellers set forth in this Agreement, the Transaction Documents (other than the Contract
Manufacturing Agreement, the Supply Agreement and the Transition Services Agreement) or in any certificate or instrument delivered
by or on behalf of a Seller at the Closing pursuant to this Agreement ;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
breach by Sellers of any covenant, agreement or other obligation in this Agreement, the Transaction Documents (other than the Contract
Manufacturing Agreement, the Supply Agreement and the Transition Services Agreement) or in any certificate or instrument delivered
by or on behalf of Sellers at the Closing pursuant to this Agreement;</P>

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


<!-- Field: Page; Sequence: 32; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 41pt; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
Excluded Asset or any Excluded Liability;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Warranty
Liabilities in excess of the Warranty Threshold; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;enforcement
of this <U>Section 7.1</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>7.2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indemnification
by Buyer</U></B>. Subject to the provisions of this Article VII, Buyer shall indemnify, defend and hold harmless Sellers and their
Affiliates and their respective Representatives (&ldquo;<U>Sellers&rsquo; Indemnified Persons</U>&rdquo;) from and against, and
shall reimburse Sellers&rsquo; Indemnified Persons for, any and all Losses incurred or sustained by, or imposed upon, the Buyer&rsquo;s
Indemnified Persons based upon, arising out of, with respect to, by reason of or based upon:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
breach of any representation or warranty of Buyer set forth in this Agreement, the Transaction Documents (other than the Contract
Manufacturing Agreement, the Supply Agreement and the Transition Services Agreement) or in any certificate or instrument delivered
by or on behalf of Buyer at the Closing pursuant to this Agreement;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
breach or non-fulfillment by Buyer of any covenant, agreement or other obligation in this Agreement, the Transaction Documents
(other than the Contract Manufacturing Agreement, the Supply Agreement and the Transition Services Agreement) or in any certificate
or instrument delivered by or on behalf of Buyer at the Closing pursuant to this Agreement;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buyer&rsquo;s
ownership, use or operation of any Acquired Asset or any Assumed Liability (other than Warranty Liabilities in excess of the Warranty
Threshold); and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;enforcement
of this <U>Section 7.2</U>.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify">7.3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Defense
of Third-Party Claims</U><FONT STYLE="font-weight: normal">.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
any Proceedings shall be instituted or any claim is asserted by any third party in respect of which any party hereto may have
an obligation to indemnify another party (a &ldquo;<U>Third Party Claim</U>&rdquo;), the party asserting such right to indemnity
(the &ldquo;<U>Indemnified Party</U>&rdquo;) shall give the party from whom indemnity is sought (the &ldquo;<U>Indemnifying Party</U>&rdquo;)
reasonably prompt written notice thereof, but in any event not later than thirty (30) days after receipt of such notice of such
Third Party Claim, but any failure to so notify the Indemnifying Party shall not relieve it from any liability that it may have
to the Indemnified Party other than to the extent the Indemnifying Party forfeits rights or defenses, or otherwise is actually
and materially prejudiced thereby. Such written notice shall describe in reasonable detail the facts constituting the basis for
such Third Party Claim and the amount of the potential Loss, in each case, to the extent known.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Indemnifying Party shall have the right, at its option and expense, to participate in and control the defense of such Third Party
Claim; <U>provided, however, that</U>:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Indemnified Party shall be entitled to participate in the defense of such claim and to employ counsel at its own expense to assist
in the handling of such claim, <U>provided, that</U> if in the reasonable opinion of counsel to the Indemnified Party, there exists
a conflict of interest between the Indemnifying Party and the Indemnified Party that cannot be waived, the Indemnifying Party
shall be liable for the Legal Expenses of counsel to the Indemnified Party; and</P>

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

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

<!-- Field: Page; Sequence: 33; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;if
the Indemnifying Party is a Seller, such Indemnifying Party shall not be entitled to control (but shall be entitled to participate
at its own expense in the defense of), and the Indemnified Party shall be entitled to have sole control over, the defense or settlement
of any Third Party Claim that:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0; text-indent: 2in; text-align: justify">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;seeks
an order, injunction, non-monetary or other equitable relief against the Indemnified Party which, if successful, could materially
interfere with the business, operations, assets, condition (financial or otherwise) or prospects of the Indemnified Party: or</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0; text-indent: 2in; text-align: justify">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;is
asserted directly by or on behalf of a Person that is a Significant Customer of the Business, <U>provided that</U>, in such case,
(1) the Indemnified Party shall be liable for all of its Legal Expenses, and (2) the Indemnifying Party shall be entitled to participate
in the defense of such claim and to employ counsel at its own expense to assist in the handling of such claim.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
the Indemnifying Party elects not to compromise or defend such Third Party Claim, fails to notify the Indemnified Party in writing
within a reasonable period of time of its election to defend, but not later than five (5) Business Days, or fails to diligently
prosecute the defense of such Third Party Claim, the Indemnified Party may, after prior written notice to the Indemnifying Party
(and the opportunity for the Indemnifying Party to cure within five (5) Business Days thereafter, unless the Indemnified Party
will forfeit rights or defenses, or otherwise be actually and materially prejudiced thereby) and subject to <U>Section 7.3(d)</U>,
pay, compromise, defend such Third Party Claim and seek indemnification for any and all Losses based upon, arising from or relating
to such Third Party Claim. If the Indemnified Party is entitled to assume the control of a Third Party Claim pursuant to <U>Section
7.3(b)(ii)</U> and the Indemnified Party elects not to compromise or defend such Third Party Claim, fails to notify the Indemnifying
Party in writing within a reasonable period of time of its election to defend, but not later than five (5) Business Days, or fails
to diligently prosecute the defense of such Third Party Claim, the Indemnifying Party may, after prior written notice to the Indemnified
Party (and the opportunity for the Indemnified Party to cure within five (5) Business Days thereafter, unless the Indemnifying
Party will forfeit rights or defenses, or otherwise be actually and materially prejudiced thereby) and subject to <U>Section 7.3(d)</U>,
pay, compromise, defend such a Third Party Claim. Sellers and Buyer shall cooperate with each other in all reasonable respects
in connection with the defense of any Third Party Claim, including making available (subject to the provisions of <U>Section 5.8</U>)
records relating to such Third Party Claim and furnishing, without expense (other than reimbursement of actual out-of-pocket expenses)
to the defending party, such employees of the non-defending party as may be reasonably necessary for the preparation of the defense
of such Third Party Claim.</P>

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

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

<!-- Field: Page; Sequence: 34; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->29<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
any other provision of this Agreement, the Indemnifying Party shall not enter into settlement of any Third Party Claim
without the prior written consent of the Indemnified Party (with such approval not to be unreasonably withheld, conditioned
or delayed), except as provided in this <U>Section 7.3(d)</U>. If a firm offer is made to settle a Third Party Claim without
leading to liability or the creation of a financial or other obligation on the part of the Indemnified Party and provides, in
customary form, for the unconditional release of each Indemnified Party from all liabilities and obligations in connection
with such Third Party Claim and the Indemnifying Party desires to accept and agree to such offer, the Indemnifying Party
shall give written notice to that effect to the Indemnified Party. If the Indemnified Party fails to consent to such firm
offer within ten (10) Business Days after its receipt of such notice, the Indemnified Party may continue to contest or defend
such Third Party Claim and in such event, the maximum liability of the Indemnifying Party as to such Third Party Claim shall
not exceed the amount of such settlement offer. If the Indemnified Party fails to timely consent hereunder to such firm offer
and also fails to assume defense of such Third Party Claim, the Indemnifying Party may settle the Third Party Claim upon the
terms set forth in such firm offer to settle such Third Party Claim. If the Indemnified Party has assumed the control of a
Third Party Claim pursuant to <U>Section 7.3(b)(ii)</U>, it shall not agree to any settlement without the written consent of
the Indemnifying Party (with such approval not to be unreasonably withheld, conditioned or delayed).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>7.4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Other
Claims</U></B>. Any claim for indemnification which does not result from a Third Party Claim shall be asserted by the Indemnified
Party to the Indemnifying Party in writing, setting forth in reasonable detail the obligation with respect to which the claim is
made, the facts giving rise to and the alleged basis for such claim and, if known or reasonably ascertainable, the estimated amount
of Losses that have been or may be sustained by reason thereof, but any failure to so notify the Indemnifying Party shall not relieve
it from any liability that it may have to the Indemnified Party other than to the extent the Indemnifying Party is actually and
materially prejudiced thereby.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>7.5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Payment</U></B>.
Once a Loss is agreed to by the Indemnifying Party or finally adjudicated to be payable pursuant to this Article VII, the Indemnifying
Party shall satisfy its obligations within fifteen (15) Business Days of such final, non-appealable adjudication by wire transfer
of immediately available funds. The parties hereto agree that should an Indemnifying Party not make full payment of any such obligations
within such fifteen (15) Business Day period, any amount payable shall accrue interest from and including the date of agreement
of the Indemnifying Party or final, non-appealable adjudication to and including the date such payment has been made at the Prime
Rate, plus three percent (3%). Such interest shall be calculated daily on the basis of a 365 day year and the actual number of
days elapsed, without compounding.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify">7.6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Survival</U><FONT STYLE="font-weight: normal">.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Representations
and Warranties</U>. The representations and warranties of each party contained in this Agreement shall survive the Closing for
a period ending on the eighteen (18) month &ldquo;anniversary&rdquo; of the Closing Date, at which time such representations and
warranties shall terminate and thereafter be of no force and effect; <U>provided, however, that</U>:</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify"><FONT STYLE="font-size: 10pt">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
representations and warranties of Sellers set forth in <U>Section&nbsp;</U></FONT><U>3.1</U> (Organization and Qualification), in <U>Section
3.2</U> (Authority and Enforceability), in <U>Section 3.10</U> (Title) and in <U>Section 3.25</U> (Brokers and Finders) and of
Buyer set forth in <U>Section 4.1</U> (Organization), in <U>Section 4.2</U> (Authority and Enforceability) and in <U>Section 4.7
</U>(Brokers and Finders), shall survive indefinitely;</P>

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

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

<!-- Field: Page; Sequence: 35; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->30<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
representations and warranties of Sellers set forth in <U>Section 3.14(c)-(d)</U> (Employee Benefit Plans &ndash; ERISA) and in
<U>Section 3.22</U> (Environmental Matters), shall survive the Closing for a period ending on the third (3<SUP>rd</SUP>) anniversary
of the Closing Date, at which time such representations and warranties shall terminate and thereafter be of no force and effect;
and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
representations and warranties set forth in <U>Section 3.17</U> (Taxes), shall survive until sixty (60) days after the running
of the applicable statute of limitations with respect to the taxable period to which the particular claim relates, at which time
such representations and warranties shall terminate and thereafter be of no force and effect.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">Any claim for indemnity
under <U>Section 7.1(a)</U> or <U>Section 7.2(a)</U> shall be asserted in writing within the foregoing time periods. Notwithstanding
the foregoing, any claims asserted in good faith with reasonable specificity (to the extent known at such time) prior to the expiration
date of the applicable survival period shall not thereafter be barred by the expiration of the relevant representation or warranty
and such claims shall survive until finally resolved.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Covenants
and Agreements</U>. All covenants and agreements of the parties contained herein shall survive the Closing indefinitely or for
the period explicitly specified herein.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>7.7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indemnification
Limitations</U></B>. Notwithstanding anything to the contrary in this Agreement:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Sellers
&ndash; Basket and Cap</U>. Sellers shall not be liable to Buyer&rsquo;s Indemnified Persons for indemnification under <U>Section
7.1(a)</U> unless and until the aggregate amount of all Losses in respect of indemnification under <U>Section 7.1(a)</U> exceeds
$300,000 (the &ldquo;<U>Basket</U>&rdquo;), in which event Sellers shall only be liable for Losses in excess of the Basket. In
no event shall Sellers&rsquo; maximum aggregate liability for indemnification under <U>Section 7.1(a)</U> exceed ten percent (10%)
of the Cash Purchase Price (the &ldquo;<U>Cap</U>&rdquo;).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Buyer
&ndash; Basket and Cap</U>. Buyer shall not be liable to Sellers&rsquo; Indemnified Persons for indemnification under <U>Section
7.2(a) </U>unless and until the aggregate amount of all Losses in respect of indemnification under <U>Section 7.2(a)</U> exceeds
the Basket, in which event Buyer shall only be liable for Losses in excess of the Basket. In no event shall Buyer&rsquo;s maximum
aggregate liability for indemnification under <U>Section 7.2(a)</U> exceed the Cap.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Carve-Outs
&ndash; Basket and Cap</U>. Notwithstanding anything else contained in this <U>Section 7.7</U>, the limitations set forth in <U>Section
7.7(a)</U> and <U>Section 7.7(b)</U> shall not apply to Losses based upon, arising out of, with respect to or by reason of any
inaccuracy in or breach of any representation or warranty in <U>Section 3.1</U> (Organization and Qualification), <U>Section 3.2
</U>(Authority and Enforceability), <U>Section 3.10</U> (Title), <U>Section 3.25</U> (Brokers and Finders), <U>Section 4.1</U>
(Organization), <U>Section 4.2 </U>(Authority and Enforceability) and <U>Section 4.7</U> (Brokers and Finders).</P>

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


<!-- Field: Page; Sequence: 36; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->31<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Materiality
Scrape</U>. Solely for purposes of calculating the amount of Losses related to this <U>Article VII</U>, any inaccuracy in or breach
of any representation or warranty shall be determined without regard to any materiality, Material Adverse Effect or other similar
qualification contained in or otherwise applicable to such representation or warranty. For the avoidance of doubt, such qualifications
shall not be disregarded for any other purposes, including for the purpose of determining whether there has been an inaccuracy
in or breach of such representation or warranty.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Damages</U>.
No Indemnified Party shall have a right to indemnification with respect to any incidental, special, punitive, exemplary, indirect
or consequential damages, unless if, in each case, (i) awarded to a third party by a court of competent jurisdiction in a final
and non-appealable judgment, except for punitive or exemplary damages awarded as a result of the acts or omission of the Indemnified
Party, and (ii) actually paid by the Indemnified Party to the third-party claimant. For clarification, no Indemnified Party shall
have a right to indemnification with respect to any punitive or exemplary damages awarded as a result of the acts or omission
of such Indemnified Party. The Indemnified Party shall use all commercially reasonable efforts to minimize and mitigate any Losses
for which indemnification is sought under this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Insurance
and Tax Benefit</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
amount of any Losses for which indemnification is provided for under this <U>Article VII</U> shall be offset by: (A) any amounts
recovered by the Indemnified Party as a result of any indemnification, contribution or other similar payment by any third party;
(B)&nbsp;any insurance proceeds or other amounts received by the Indemnified Party from third parties with respect to such Losses;
and (C) any Tax Benefits actually realized by the Indemnified Party as a result of such Losses in the year in which such Losses
are incurred or in the following year; <U>provided that</U>, with respect to insurance proceeds, such offset shall be net of any
increase in insurance premiums of the Indemnified Party that are directly attributable to the Loss in question (as established
in writing to the reasonable satisfaction of the Indemnifying Party); and <U>provided, further, that</U>, if any such insurance
or similar proceeds are collected following an applicable payment by an Indemnifying Party to an Indemnified Party, then the Indemnified
Party shall promptly pay over such insurance or similar proceeds to the Indemnifying Party. The Indemnified Party shall use its
commercially reasonable efforts to recover under insurance policies or indemnity, contribution or other similar agreements for
any Losses prior to seeking indemnification under this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;<U>Tax
Benefit</U>&rdquo; means a reduction in the amount of Taxes payable by the Indemnified Party as a result of a Loss that it has
the right to be indemnified against under this <U>Article VII</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buyer
and Sellers agree to (and agree to cause the other Indemnified Parties to) use commercially reasonable efforts to make any claims
for insurance and/or indemnification available from any third party with respect to Losses for which any Indemnified Party will
or may seek indemnification hereunder and to diligently pursue such claims in good faith. If any such insurance proceeds and/or
other amounts are received by any Buyer&rsquo;s Indemnified Person after receipt of any indemnification payment pursuant to this
<U>Article</U> <U>VII</U>, Buyer shall promptly repay to Sellers such portion of such indemnification payment equal to the amounts
so recovered or realized.</P>

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

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

<!-- Field: Page; Sequence: 37; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->32<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Adjustment
to Purchase Price</U>. Any indemnification payments made pursuant to this <U>Article VII</U> shall be treated by the parties to
this Agreement as an adjustment to the Purchase Price, unless otherwise required by Law.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>7.8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Exclusive
Remedy</U></B>. Following the Closing and subject <U>Section 5.5</U> (Covenant Not to Compete), indemnification pursuant to this
Article VII shall be the sole and exclusive remedy of the parties and any parties claiming by or through any party (including
the Buyer&rsquo;s Indemnified Persons and Sellers&rsquo; Indemnified Persons) for any and all claims (other than claims arising
from fraud or criminal activity on the part of a party hereto in connection with the transactions contemplated by this Agreement)
for any inaccuracy or breach of any representation, warranty, covenant, agreement or other obligation contained in this Agreement.
In furtherance of the foregoing, each party hereby waives, to the fullest extent permitted under Law, any and all rights, claims
and causes of action for any breach of any representation, warranty, covenant, agreement or obligation set forth herein or otherwise
relating to the subject matter of this Agreement it may have against the other parties hereto and their Affiliates and each of
their respective Representatives arising under or based upon any Law, except pursuant to the indemnification provisions set forth
in this Article VII.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; text-align: center">VIII.
OTHER PROVISIONS</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in">8.1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Appendices,
Exhibits and Schedules</U><FONT STYLE="font-weight: normal">.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
Appendices, Exhibits and Schedules referred to herein are intended to be and hereby are specifically made a part of this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
inclusion of any information in the Schedules shall not be deemed to be an admission or acknowledgement, in and of itself, that
such information is material to the Business, has or would have a Material Adverse Effect, or is outside the Ordinary Course of
Business.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Schedule shall qualify the specifically identified Sections or subsections of the Agreement to which such Schedule relates and
any other Section or subsection of the Agreement to the extent it is reasonably apparent on its face that such disclosure is applicable
to such other Sections and subsections (notwithstanding the omission of a reference or cross-reference thereto).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certain
information is contained in the Schedules solely for informational purposes, may not be required to be disclosed pursuant hereto
and will not imply that such information or any other information is required to be disclosed. Inclusion of such information will
not establish any level of materiality or similar threshold or be an admission that any of such information is material to the
business, assets, liabilities, financial position, operations or results of operations of any Person or otherwise material regarding
such Person.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial
data provided in the Schedules is as of the date or for the period indicated in such data.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1.5in; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 38; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->33<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>8.2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Amendment</U>.
</B>This Agreement and the Appendices, Exhibits and Schedules hereto may not be amended, modified or supplemented except by an
instrument in writing which describes the amendment and which is signed on behalf of each of the parties hereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>8.3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Waiver</U>. </B>No failure of any party to this Agreement to exercise any power given it under this Agreement, or to insist upon
strict compliance with any provision of this Agreement, and no custom or practice at variance with the terms of this Agreement
shall constitute a waiver of any such party&rsquo;s right to demand strict compliance with the terms of this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>8.4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Entire
Agreement; No Third Party Beneficiaries</U>. </B>This Agreement, together with the Appendices, Exhibits and Schedules hereto, and
the Transaction Documents, (a) constitute the entire agreement between the parties pertaining to the subject matter hereof and
supersede all prior and contemporaneous agreements, understandings, negotiations and discussions, whether oral or written, of the
parties, and (b) is not intended to confer upon any Person other than the parties hereto any rights or remedies hereunder.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>8.5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Governing
Law</U>. </B>The laws of the State of Michigan, without giving effect to any law or rule that would cause the laws of any jurisdiction
other than the state of Michigan to be applied, govern all matters arising out of or relating to this Agreement, including its
validity, interpretation, construction, performance and enforcement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>8.6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Forum
Selection; Waiver of Jury Trial</U></B>. Each Party hereby irrevocably (i) submits to the exclusive jurisdiction of the state
courts of the State of Delaware or the United States District Court located in the State of Delaware in any Proceeding arising
out of or relating to this Agreement, (ii) agrees that all claims in respect of such Proceeding may be heard and determined only
in any such court, (iii) hereby waives any claim of inconvenient forum or other challenge to venue in such court, and (iv) agrees
not to bring any Proceeding arising out of or relating to this Agreement in any other court. If the venue selection provision
of this <U>Section 8.6</U> is deemed to conflict with applicable law, such conflict shall not affect the jurisdictional and other
provisions of this <U>Section 8.6</U>. EACH OF THE PARTIES HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHTS TO TRIAL BY JURY IN ANY
ACTION ARISING OUT OF OR RELATING TO THIS AGREEMENT, THE TRANSACTION DOCUMENTS AND THE TRANSACTIONS CONTEMPLATED HEREBY AND THEREBY.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>8.7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notices</U>.
</B>All notices, requests, consents, claims, demands, waivers and other communications hereunder shall be in writing and shall
be deemed to have been given: (a) when delivered by hand (with written confirmation of receipt); (b) when received by the addressee
if sent by a nationally recognized overnight courier (receipt requested); or (c) on the third day after the date mailed, by certified
or registered mail, return receipt requested, postage prepaid. Such communications must be sent to the respective parties at the
following addresses (or at such other address for a party as shall be specified in a notice given in accordance with this:</P>

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


<!-- Field: Page; Sequence: 39; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->34<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in">If to Buyer, addressed to:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">Standard Motor Products, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">37-18 Northern Blvd.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">Long Island City, New York 11101</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">Attention: Carmine J. Broccole,
Senior Vice President General Counsel &amp; Secretary</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in">If to Sellers, addressed to:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">Stoneridge Control Devices, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">c/o Stoneridge, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">39675 MacKenzie Drive, Suite 400</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">Novi, Michigan 48377</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">Attention: Thomas Dono, Chief Legal Officer</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">with a copy
(which will not constitute notice) to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in">Dykema Gossett PLLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in">400 Renaissance Center</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in">Detroit, MI 48243</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in">Attention: J. Michael Bernard</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>8.8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Execution
of Agreement</U>. </B>This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but
all of which together shall constitute one and the same instrument. Copies (whether photostatic, facsimile or otherwise) of this
Agreement may be made and relied upon to the same extent as an original. The exchange of copies of this Agreement and of signature
pages by facsimile transmission or e-mail shall constitute effective execution and delivery of this Agreement as to the parties
and may be used in lieu of the original Agreement for all purposes. Signatures of the parties transmitted by facsimile or e-mail
shall be deemed to be their original signatures for all purposes.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>8.9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Expenses</U>.
</B>Regardless of whether the transactions contemplated hereby are consummated, each party hereto shall pay its or their own costs
and expenses, including legal, accounting, consulting and other professional fees, incurred in connection with the negotiation,
preparation, investigation, and performance by such party of this Agreement and the transactions contemplated hereunder.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify">8.10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Construction</U><FONT STYLE="font-weight: normal">.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
parties acknowledge that they have participated jointly in the negotiation and drafting of the terms 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
of the provisions of this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unless
the context of this Agreement otherwise requires, (i) words of any gender include each other gender; (ii) words using the
singular or plural number also include the plural or singular number, respectively; (iii) the terms &ldquo;hereof,&rdquo;
&ldquo;herein,&rdquo; &ldquo;hereby&rdquo; and derivative or similar words refer to this entire Agreement; (iv) the terms
&ldquo;include&rdquo; and &ldquo;including&rdquo;, and variations thereof, will not be deemed to be terms of limitation, but
rather will be deemed to be followed by the words &ldquo;without limitation&rdquo;, and (v) the terms &ldquo;Article&rdquo;
or &ldquo;Section&rdquo; refer to the specified or Section of this Agreement.</P>

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

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

<!-- Field: Page; Sequence: 40; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->35<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Whenever
this Agreement refers to a number of days, such number shall refer to calendar days unless Business Days are specified. When calculating
the period of time before which, within which or following which any act is to be done or any step taken pursuant to this Agreement,
the date that is the reference date in calculating such period shall not be calculated as the first day of such period of time.
If the last day of such period is a non-Business Day, the period in question shall end on the next succeeding Business Day.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
accounting terms used herein and not expressly defined herein have the meanings given to them under GAAP on the date hereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
headings of the several Articles and Sections herein are inserted for convenience of reference only and are not intended to be
part of or to affect the meaning or interpretation of this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Disclosure Schedules and Exhibits referred to herein shall be construed with, and as an integral part of, this Agreement to the
same extent as if they were set forth verbatim herein.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>8.11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Successors
and Assigns</U>. </B>This Agreement, and all rights and powers granted hereby, will bind and inure to the benefit of the parties
hereto and their respective successors and assigns. Neither party may assign its rights or obligations hereunder without the prior
written consent of the other party, except that a party may assign its rights and obligations to an Affiliate. No assignment shall
relieve the assigning party of any of its obligations hereunder.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify"><B>8.12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Definitions</U>.
</B>Capitalized terms used herein and not otherwise defined herein have the meanings set forth in Appendix A attached hereto.</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify">8.13.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Dispute
Resolution</U><FONT STYLE="font-weight: normal">.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
parties shall first attempt in good faith to resolve any dispute, controversy or claim arising out of or relating to this Agreement
or the breach, validity, interpretation, construction, performance or enforcement hereof (each, a &ldquo;<U>Dispute</U>&rdquo;)
that may arise from time to time by negotiation and consultation between themselves under the provisions of this <U>Section 8.13</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the event that such Dispute is not resolved on an informal basis within twenty (20) Business Days after one party provides notice
to the other party of such Dispute (&ldquo;<U>Dispute Notice</U>&rdquo;), any party may, by written notice to the other party
(&ldquo;<U>Escalation to Executive Notice</U>&rdquo;), refer such dispute to the executives of the parties set forth below (or
to such other person of equivalent or superior position designated by such party in a written notice to the other parties, &ldquo;<U>Executive(s)</U>&rdquo;).</P>

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


<!-- Field: Page; Sequence: 41; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->36<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 40%; padding-left: 1in; text-underline-color: black">Executive of Sellers:</TD>
    <TD STYLE="width: 60%; text-underline-color: black">Robert R. Krakowiak</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Executive Vice President &amp; Chief</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Financial Officer</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Stoneridge Control Devices, Inc.</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">c/o Stoneridge, Inc.</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">&nbsp;</TD>
    <TD STYLE="text-underline-color: black">39675 MacKenzie Drive, Suite 400</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Novi, Michigan 48377</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Email:bob.krakowiak@stoneridge.com</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Telephone: 248-489-9300</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 40%; text-underline-color: black; padding-left: 1in">Executive of Buyer: </TD>
    <TD STYLE="width: 60%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">James J. Burke, Chief Operating Officer</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">and Chief Financial Officer</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Standard Motor Products, Inc.</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">37-18 Northern Blvd.</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Long Island City, NY 11101</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">E-mail: jburke@smpcorp.com</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Telephone: 718-392-0200</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-underline-color: black">&nbsp;</TD>
    <TD STYLE="text-underline-color: black">Facsimile: 718-784-3284</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in; text-align: justify">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
the Executives cannot resolve any Dispute during the time period ending twenty (20) Business Days after the date of the Escalation
to Executive Notice, then either party may file suit in a court of competent jurisdiction in accordance with the provisions of
<U>Section 8.6</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><I>[Signatures on following page.]</I></B></P>

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


<!-- Field: Page; Sequence: 42; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->37<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 5pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0in; text-align: justify; text-indent: 1in">IN WITNESS WHEREOF,
the parties have executed this Agreement as of the date first above written.</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 1in"><FONT STYLE="font-weight: normal"><U>Buyer</U>:</FONT></TD>
    <TD COLSPAN="2"><B>STANDARD MOTOR PRODUCTS, INC.</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="width: 46%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-weight: normal">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-weight: normal">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-weight: normal">/s/James J. Burke</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-weight: normal">&nbsp;</FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-weight: normal">Name: James J. Burke</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-weight: normal">Its: Chief Operating Officer</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 1in"><FONT STYLE="font-weight: normal"><U>Sellers</U>:</FONT></TD>
    <TD COLSPAN="2"><B>STONERIDGE, INC.</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-weight: normal">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-weight: normal">/s/Robert R. Krakowiak</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-weight: normal">Name: Robert R. Krakowiak</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-weight: normal">Its: Executive Vice President</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>STONERIDGE CONTROL DEVICES, INC.</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-weight: normal">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-weight: normal">/s/ Robert R. Krakowiak</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-weight: normal">Name: Robert R. Krakowiak</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-weight: normal">Its: Vice President</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 202.45pt; text-indent: 21.5pt"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">Signature Page to Asset Purchase Agreement</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 136.85pt">&nbsp;</P>


<!-- Field: Page; Sequence: 43 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Sans-Serif; font-size: 9pt; color: Red"><B><U>&nbsp;</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font: 9pt Sans-Serif; color: Red"><B><U></U></B></FONT><B>APPENDIX A</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>DEFINITIONS</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 5pt; text-indent: 0.25in">For purposes of this Agreement, the
following terms shall have the meanings specified or referred to in this <U>Appendix A</U>:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Acquired Assets</U>&rdquo; is defined in <U>Section
1.2</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Acquiring Company</U>&rdquo; is defined in <U>Section 5.5(d)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Acquired
Personal Property</U>&rdquo; means the machinery, equipment, tools, dies, jigs, patterns, molds, trade fixtures, furniture, furnishings,
and other tangible personal property and interests listed in <U>Schedule 1.2</U> and, for the avoidance of doubt, excludes the
Excluded Personal Property.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Affiliate</U>&rdquo;
means, with respect to any specified Person, any other Person that directly, or indirectly through one or more intermediaries,
Controls, is Controlled by, or is under common Control with, such specified Person.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Agreement</U>&rdquo; is defined in the Preamble.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Allocation Schedule</U>&rdquo; is defined in <U>Section 1.7</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Asset
Lists</U>&rdquo; is defined in <U>Section 3.6</U>.&nbsp;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Assigned Contracts</U>&rdquo; is defined in <U>Section
1.2(b)</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Assignment and Assumption Agreement</U>&rdquo;
is defined in <U>Section 2.2(a)(i)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Assumed Liabilities</U>&rdquo; is defined in <U>Section 1.4</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Audit Cycle Count</U>&rdquo; is defined in <U>Section
1.8(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Balance Sheet</U>&rdquo; is defined in <U>Section 3.7</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Basket</U>&rdquo; is defined in <U>Section
7.6(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Bill of Sale</U>&rdquo; is defined in <U>Section
2.2(a)(ii)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Business</U>&rdquo; is defined in the Recitals.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Business Confidential Information</U>&rdquo;
is defined in <U>Section 5.8(b)</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Business
Day</U>&rdquo; means a day other than Saturday, Sunday or any day on which banks located in the State of New York are authorized
or obligated to close.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Buyer</U>&rdquo; is defined in the Preamble.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Buyer Group</U>&rdquo; is defined in <U>Section 5.1</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 44; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">APP A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Buyer&rsquo;s Indemnified Persons</U>&rdquo;
is defined in <U>Section 7.1</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in">&ldquo;<U>Canton&nbsp;Facilities</U>&rdquo;&nbsp;means&nbsp;Sellers&rsquo;&nbsp;facility
located&nbsp;at <FONT STYLE="color: #212121">300&nbsp;Dan&nbsp;Road,&nbsp;</FONT>Canton, Massachusetts 02021.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Cap</U>&rdquo; is defined in <U>Section 7.7(a)</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Cash Purchase Price</U>&rdquo; is defined in
<U>Section 1.6</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Certification</U>&rdquo;
means, with respect to Buyer and Sellers, the certification that such Party has obtained under the VAT Law and Excise Tax Law to
apply a VAT and excise tax credit against the VAT and excise tax triggered for the temporary imports carried out under such Party&rsquo;s
Mexican Subsidiary&rsquo;s Maquiladora Program.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Closing</U>&rdquo; is defined in <U>Section 2.1</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Closing Date</U>&rdquo; is defined in <U>Section
2.1</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Closing Inventory Information</U>&rdquo; is defined
in <U>Section 1.8(d)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Code</U>&rdquo; means the Internal Revenue Code
of 1986, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Competing Business</U>&rdquo; is defined in <U>Section
5.5(d)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify">&ldquo;<U>Confidentiality Agreement</U>&rdquo;
means the Confidentiality Letter Agreement, dated as of November 10, 2017, between the Buyer and SRI.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in; text-align: justify">&ldquo;<U>Consent</U>&rdquo; means any
consent, approval, authorization, or waiver from, notice to, or registration or filing with any Person or Government Authority.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Contract</U>&rdquo;
means any agreement, contract, subcontract, lease, instrument, note, option, purchase order, work order, customer order, license
or sublicense or other commitment or undertaking of any nature, in each case that is legally binding.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Contract Manufacturing Agreement</U>&rdquo; is
defined in <U>Section 2.2(a)(vi)</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Control</U>&rdquo;
(including the terms &ldquo;Controlling,&rdquo; &ldquo;Controlled by&rdquo; and &ldquo;under common Control with&rdquo;) means
with respect to the relationship between or among two or more Persons, the possession, directly or indirectly, or as trustee, personal
representative or executor, of the power to direct or cause the direction of the affairs or management of a Person, whether through
the ownership of voting securities, as trustee, personal representative or executor, by Contract or otherwise, including the ownership,
directly or indirectly, of securities having the power to elect a majority of the board of directors or similar body governing
the affairs of such Person.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Covered Period</U>&rdquo; is defined in <U>Section
5.1</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-indent: 0.5in">&ldquo;<U>December 2018 Inventory</U>&rdquo;
means the value of the Inventory and R/M &amp; WIP as of December 31, 2018, as set forth in the Asset Lists.</P>

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


<!-- Field: Page; Sequence: 45; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">APP A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Dispute</U>&rdquo; is defined in <U>Section 8.13(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Dispute Notice</U>&rdquo; is defined in <U>Section 8.13(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Divestiture Period</U>&rdquo; is defined in
<U>Section 5.5(e)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Dollars</U>&rdquo; and &ldquo;<U>$</U>&rdquo;
means lawful money of the United States of America.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Employee</U>&rdquo;
means a person employed by Sellers immediately preceding the Closing Date, including those on vacation, leave of absence or disability,
whose duties relate to the Business.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Employee
Plans</U>&rdquo; means, with respect to the Employees or any current or former employee, officer, director, or retiree of the Business
or any spouse or dependent of such individual, any employment related plans, including but not limited to, employment or consulting
agreements, collective bargaining and supplemental agreements, pension, profit sharing, incentive, bonus, deferred compensation,
retirement, stock option, stock purchase, severance, medical and hospitalization, insurance, vacation, salary continuation, sick
pay, welfare, fringe benefit and other employee benefit plans, contracts, programs, policies and arrangements, whether written
or oral, which is or has been maintained, sponsored, contributed to or required to be contributed to by Sellers or under which
Sellers have or may have any liability.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Environmental
Claim</U>&rdquo; means any Proceeding, Governmental Order, lien, fine, penalty, or, as to each, any settlement or judgment arising
therefrom, by or from any Person alleging liability of whatever kind or nature (including liability or responsibility for the costs
of enforcement proceedings, investigations, cleanup, governmental response, removal or remediation, natural resources damages,
property damages, personal injuries, medical monitoring, penalties, contribution, indemnification and injunctive relief) arising
out of, based on or resulting from: (a) the presence, release of, or exposure to, any Hazardous Substances; or (b) any actual or
alleged non-compliance with any Environmental Law or term or condition of any Environmental Permit.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Environmental
Laws</U>&rdquo; means all Laws, Environmental Permits, Governmental Orders, or legally binding agreements with any Governmental
Authority: (i) relating to the use, containment, storage, recycling, reclamation, treatment, discharge, transportation, processing,
remediation, management or disposal of any Hazardous Substances, or (ii) relating to pollution (or the cleanup thereof), or protection
of the environment (including ambient air, soil, surface water or groundwater, or subsurface strata), natural resources, endangered
or threatened species or human health or safety;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Environmental
Permits</U>&rdquo; means any Permit which is or has been required under or is or has been issued pursuant to Environmental Laws.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>ERISA</U>&rdquo; means the Employee Retirement
Income Security Act of 1974.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Escalation to Executive Notice</U>&rdquo; is
defined in <U>Section 8.13(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 46; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">APP A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Estimated Cash Purchase Price</U>&rdquo; is defined
in <U>Section 1.6(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Excluded Assets</U>&rdquo; is defined in <U>Section
1.3</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Excluded Liabilities</U>&rdquo; is defined in
<U>Section 1.5</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Excluded
Personal Property</U>&rdquo; means the tangible personal property which is used or held for use by Sellers in both the production
of the Z09 A/M US Car product line and Sellers&rsquo; product lines that are not related to the Business.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Exclusivity Period</U>&rdquo; is defined in <U>Section
5.5(e)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Executive(s)</U>&rdquo; is defined in <U>Section
8.13(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Final Cash Purchase Price</U>&rdquo; is defined
in <U>Section 1.8(a)</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>GAAP</U>&rdquo;
means United States generally accepted accounting principles and practices, consistently applied throughout the specified period.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Governmental
Authority</U>&rdquo; any supranational, national, federal, state, provincial, country, municipal or local government, foreign or
domestic, or the government of any political subdivision of any of the foregoing, or any entity, authority, agency, ministry or
other similar body exercising executive, legislative, judicial, regulatory or administrative authority or functions of or pertaining
to government.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Governmental
Order</U>&rdquo; means any legally binding order, writ, judgment, injunction, decree, stipulation, award or determination of any
Governmental Authority.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Grant-back IP License Agreement</U>&rdquo; is
defined in <U>Section 2.2(a)(iv)</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Hazardous
Substance</U>&rdquo; means (i) any material, substance, chemical, waste, product, derivative, compound, mixture, solid, liquid,
mineral or gas, in each case, whether naturally occurring or manmade, that is hazardous, acutely hazardous, toxic, or words of
similar import or regulatory effect under Environmental Laws; and (ii) any petroleum and petroleum derived products, including
crude oil and any fraction thereof, radioactive materials or wastes, asbestos in any form, lead or lead-containing materials, urea
formaldehyde foam insulation and polychlorinated biphenyls.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Income Statement</U>&rdquo;
is defined in Section 3.6.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 41pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Indemnified Party</U>&rdquo;
is defined in <U>Section 7.3</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 41pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Indemnifying Party</U>&rdquo;
is defined in <U>Section 7.3</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 41pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Intellectual
Property Agreements</U>&rdquo; means all licenses, sublicenses, consent to use agreements, settlements, coexistence agreements,
covenants not to sue, waivers, releases, permissions and other Contracts, whether written or oral, relating to any Intellectual
Property Rights that are used or held for use in the conduct of the Business as currently conducted to which any Seller is a party,
beneficiary or otherwise bound.</P>

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


<!-- Field: Page; Sequence: 47; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">APP A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->


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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Intellectual Property Assets</U>&rdquo; is defined
in <U>Section 1.2(c)</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Intellectual
Property Registrations</U>&rdquo; means all Intellectual Property Assets that are subject to any issuance, registration, or application
by or with any Governmental Authority or authorized private registrar in any jurisdiction, including issued patents, registered
trademarks, domain names and copyrights, and pending applications for any of the foregoing.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Intellectual
Property Rights</U>&rdquo; means any and all rights in, arising out of, or associated with any of the following in any jurisdiction
in North America: (a) issued patents and patent applications (whether provisional or non-provisional), including divisionals, continuations,
continuations-in-part, substitutions, reissues, reexaminations, extensions, or restorations of any of the foregoing and other Governmental
Authority-issued indicia of invention ownership (including certificates of invention, and patent utility models); (b) trademarks,
service marks, brands, certification marks, logos, trade dress, trade names and other similar indicia of source or origin, together
with the goodwill connected with the use of and symbolized by, and all registrations, applications for registration, and renewals
of, any of the foregoing; (c) copyrights and works of authorship, whether or not copyrightable, and all registrations, applications
for registration and renewals of any of the foregoing; (d) internet domain names, whether or not Trademarks, all associated web
addresses, URLs, websites and web pages, social media accounts and pages and all content and data thereon or relating thereto,
whether or not Copyrights; (e) trade secrets, know-how, inventions (whether or not patentable), discoveries, improvements, technology,
business and technical information, databases, data compilations and collections, tools, methods, processes, techniques and other
confidential and proprietary information and all rights therein; (f) computer programs, operating systems, applications, firmware
and other code, including all source code, object code, application programming interfaces, data files, databases, protocols, specifications
and other documentation thereof; and (g) all other intellectual or industrial property and proprietary rights.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Inter-Maquiladora
Customs Transfer</U>&rdquo; means the standard customs transactions needed to effect a &ldquo;virtual inter-maquiladora transfer&rdquo;
of goods that Seller&rsquo;s Mexican Subsidiary imported into Mexico under its Maquiladora Program and Certification, as authorized
by Article 112 of the Mexican Customs Law, complying with all requirements set forth by the Mexican government, including the Customs
General Rules (<I>Reglas Generales de Comercio Exterior)</I>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Inventory</U>&rdquo; is defined in <U>Section
1.2(a)</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Inventory
Adjustment</U>&rdquo; means an amount equal to the Positive Inventory Adjustment or the Negative Inventory Adjustment, as the case
may be.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>IP Assignments</U>&rdquo; is defined in <U>Section
2.2(a)(iii)</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>IP License Agreement</U>&rdquo; is defined in
<U>Section 2.2(a)(iv)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>IP Releases</U>&rdquo; is defined in <U>Section
2.2(a)(iv)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 48; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">APP A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->


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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Juarez
Facilities</U>&rdquo; means Sellers&rsquo; facility located at Av. Antonio J. Bermudez 950, Parque Industrial Antonio J. Bermudez,
Ciudad Juarez, State of Chihuahua, Mexico, 32470.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Knowledge
of Sellers</U>&rdquo; and words of similar import mean with respect to any matter in question, means the actual knowledge of Craig
Sloan, Craig Connop, Matthew Horvath, Bob Hughes, Mark Pelletier, Gregory Cross, Sharon Gazley, Steve Divoll and Rick Golden, to
the extent that each of them would reasonably be expected to obtain such actual knowledge in the ordinary course of diligently
performing their duties for the Sellers.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Law</U>&rdquo;
means any law, ordinance, code, statute, rule, or regulation of any Governmental Authority.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Legal
Expenses</U>&rdquo; means reasonable attorneys&rsquo;, accountants&rsquo;, and experts&rsquo; fees, and expenses reasonably sustained
or incurred in connection with the defense of any Losses.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Lien</U>&rdquo;
means any pledge, lien (including without limitation any Tax lien), charge, claim, encumbrance, security interest, mortgage, option
or restriction of any kind.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Losses</U>&rdquo; is defined in <U>Section 7.1</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Maquiladora
Program</U>&rdquo; (also known as an &ldquo;<U>IMMEX Program</U>&rdquo;) means, with respect to Buyer and Sellers, the authorization
that such Party&rsquo;s Mexican Subsidiary has obtained under the Mexican Decree for the development of the manufacturing, maquiladora
and export services industry (<I>Decreto para el fomento de la industria manufacturera, maquiladora y de servicios de exportaci&oacute;n</I>)
to conduct, directly or indirectly, manufacturing, transformation or repair operations in M&eacute;xico, allowing the temporary
import of goods for such purposes, and which is a condition precedent for the implementation of the Inter-Maquiladora Customs Transfer.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Master
Business Services Agreement</U>&rdquo; means the Master Business Services Agreement, effective as of January 1, 2018, among SRI
and the other Affiliates of SRI parties thereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Master
Cost Sharing Agreement</U>&rdquo; means the Master Cost Sharing Agreement, effective as of January 1, 2018, among SRI and the other
Affiliates of SRI parties thereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Material
Adverse Effect</U>&rdquo; means any event, occurrence, fact, condition, change, development or effect that is, or could reasonably
be expected to become, individually or in the aggregate, materially adverse to (a) the Business, including the results of operations
or condition (financial or otherwise) of the Business, the Acquired Assets, or the Assumed Liabilities, (b) the ability of any
Seller to consummate the transactions contemplated by this Agreement and each Transaction Document, or (c) the value of the Acquired
Assets, <U>provided, however, that</U> none of the following shall be deemed, either alone or in combination, to constitute a Material
Adverse Effect, nor shall any of the following be taken into account in determining whether there has been a Material Adverse Effect:
any event, change, development or effect resulting from or arising out of (i) the announcement of this Agreement, the pendency
or consummation of the transactions contemplated hereby or the identity of Buyer; (ii) the performance by Sellers of their respective
obligations under this Agreement; (iii) general economic conditions in the United States; (iv) general conditions in the industries
in which the Business operates; (v) the initiation by any Person other than Sellers or any of their Affiliates of proceedings under
Chapter 11 of the United States Bankruptcy Code or other similar statutes or Laws or any adverse developments related to any such
proceedings; or (vi) any natural disaster or any acts of terrorism, sabotage, military action or war (whether or not declared)
or any escalation or worsening thereof; <U>provided, further, that</U> in the case of the foregoing <U>clauses (iii), (iv), and
(vi)</U>, except to the extent that such matters disproportionately impact the Business relative to other companies operating in
businesses similar to the Business.</P>

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


<!-- Field: Page; Sequence: 49; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">APP A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->


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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Material Contracts</U>&rdquo; is defined in <U>Section
3.15</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Mexican
Subsidiary</U>&rdquo; means, with respect to either Buyer or Sellers, such Party&rsquo;s Mexican subsidiary that maintains the
Maquiladora Program, the Certification and such other customs permits, programs and registries as required by applicable Law.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Negative
Inventory Adjustment</U>&rdquo; means the absolute value of the amount by which Closing Inventory is less than December 2018 Inventory.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Notice of Disagreement</U>&rdquo; is defined
in <U>Section 1.8(c)</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Omnibus
Intellectual Property License Agreement</U>&rdquo; means the Omnibus Intellectual Property License Agreement, dated May 1, 2018,
among SRI and the other Affiliates of SRI parties thereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Ordinary
Course of Business</U>&rdquo; means the usual and ordinary course of the Business consistent with past custom and practice of Sellers.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Patent
Assignment</U>&rdquo; means the patent assignment entered into concurrently herewith and attached hereto as <U>Exhibit D-2</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Permits</U>&rdquo;
means all permits, approvals, consents, registrations, licenses, certificates, variances or other authorizations granted by or
obtained from any Governmental Authority.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Permitted
Liens</U>&rdquo; means any of the following: (a) Liens for Taxes and assessments, charges, levies or other claims of any
Governmental Authority not yet due and payable, or if due, (i) not delinquent or (ii) being contested in good faith through
appropriate Proceedings;
(b)&nbsp;materialmen&rsquo;s, mechanics&rsquo;, carriers&rsquo;,
warehousemen&rsquo;s, workmen&rsquo;s and repairmen&rsquo;s liens and other like liens arising or incurred in the Ordinary
Course of Business for amounts not yet due and payable and which are not, individually or in the aggregate, material to the
Business or the Acquired Assets; (c) pledges or deposits to secure obligations under workers&rsquo; compensation Laws or
similar legislation or to secure public or statutory obligations; and (d) customary contractual provisions providing
for retention of title to goods until payment is made.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Person</U>&rdquo;
or &ldquo;<U>person</U>&rdquo; means an individual, a partnership, a corporation, a limited liability company, an association,
a trust, a joint venture, an unincorporated organization, and any other business entity.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Positive
Inventory Adjustment</U>&rdquo; means the absolute value of the amount by which Closing Inventory is greater than the December
2018 Inventory.</P>

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


<!-- Field: Page; Sequence: 50; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">APP A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->


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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Prime
Rate</U>&rdquo; means the prime rate as set forth in <I>The Wall Street Journal </I>from time to time.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Proceeding</U>&rdquo;
means any claim, action, complaint, demand, suit, litigation, arbitration, proceeding, hearing, audit, notice of violation, citation,
subpoena, or investigation of any nature (including any civil, criminal, administrative or appellate proceeding) by or before any
Governmental Authority or arbitrator, whether at law or in equity.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Product</U>&rdquo;
means the components and parts more particularly described on <U>Appendix B</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Purchase Price</U>&rdquo; is defined
in <U>Section 1.6</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Receivables</U>&rdquo;
means all accounts receivable, notes receivable and other amounts receivable from third parties.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Release
of Patent Security Agreement</U>&rdquo; means the release of patent security agreement entered into prior to the date hereof in
form and substance reasonably satisfactory to Buyer.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Release
of Trademark Security Agreement</U>&rdquo; means the release of trademark security agreement entered into prior to the date hereof
in form and substance reasonably satisfactory to Buyer.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Representative</U>&rdquo;
means with respect to a particular Person, any director, officer, manager, employee, agent, consultant, advisor, accountant, financial
advisor, legal counsel or other representative of that Person.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Restricted
Period</U>&rdquo; is defined in <U>Section 5.11(a)</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Reviewing
Expert</U>&rdquo; means Deloitte Touche Tohmatsu Limited or, if such firm is unable or unwilling to act, a firm having relevant
expertise at such other nationally or regionally recognized independent accounting or appraisal firm as shall be mutually agreed
upon by the parties in writing.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>R/M
&amp; WIP</U>&rdquo; is defined in <U>Section 1.3(r)</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>SCD</U>&rdquo; is defined in the preamble.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Schedules</U>&rdquo;
and &ldquo;<U>Disclosure Schedule</U>&rdquo; or means the set of schedules which qualify the specifically identified Sections or
subsections of <U>Article III</U> of this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Seller</U>&rdquo;
is defined in the Preamble.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Sellers&rsquo;
Indemnified Persons</U>&rdquo; is defined in <U>Section 7.2</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Significant
Customer</U>&rdquo; is defined in <U>Section 3.16</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Significant
Supplier</U>&rdquo; is defined in <U>Section 3.16</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>SRI</U>&rdquo;
is defined in the preamble.</P>

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


<!-- Field: Page; Sequence: 51; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">APP A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Supply Agreement</U>&rdquo; is defined in <U>Section
2.2(a)(vii)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Target</U>&rdquo; is defined in <U>Section 5.5(e)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Tax&rdquo;</U>
or &ldquo;<U>Taxes&rdquo;</U> means any federal, state, or local income, gross receipts, license, payroll, employment, excise,
severance, stamp, occupation, premium, windfall profits, capital stock, franchise, profits, withholding, social security (or similar),
unemployment, real property, personal property, sales, use, transfer, registration, value added, or other tax of any kind whatsoever.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Tax Benefit</U>&rdquo; is defined in <U>Section
7.6(d)</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Tax Return</U>&rdquo;
means any report, return, declaration, statement or other information required to be supplied to a taxing authority in connection
with Taxes.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Third Party Claim</U>&rdquo; is defined in <U>Section
7.3(a)</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Trademark
Assignment</U>&rdquo; means the trademark assignment entered into concurrently herewith and attached hereto as <U>Exhibit D-1</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Transaction
Documents</U>&rdquo; means this Agreement, the Bill of Sale, the Assignment and Assumption Agreement, the IP Assignments, the IP
Releases, the Z09 A/M US Car IP License Agreement, the Transition Services Agreement, the Contract Manufacturing Agreement and
the Supply Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&ldquo;<U>Transition Services Agreement</U>&rdquo; is defined
in <U>Section 2.2(a)(v)</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>WARN
Act</U>&rdquo; means the federal Worker Adjustment and Retraining Notification Act of 1988, and similar state, local and foreign
laws related to plant closings, relocations, mass layoffs and employment losses.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Warranty
Liabilities</U>&rdquo; is defined in <U>Section 1.4(b)</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Warranty
Threshold</U>&rdquo; means $250,000 in the aggregate.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Z09
A/M US Car</U>&rdquo; is defined in the Supply Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0pt; text-align: justify; text-indent: 0.5in">&ldquo;<U>Z09 A/M
US Car IP Rights</U>&rdquo; means the Intellectual Property Rights which are used or held for use by Sellers in both the production
of the Z09 A/M US Car product line and Sellers&rsquo; product lines that are not related to the Business.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"># # # # #</P>

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


<!-- Field: Page; Sequence: 52; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">APP A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->


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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">APPENDIX B</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">PRODUCTS</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 40%; text-align: center; border-bottom: Black 1pt solid"><B>Canton Product Line</B></TD>
    <TD STYLE="width: 2%; text-align: center; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 58%; text-align: center; border-bottom: Black 1pt solid"><B>Product Description</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">R43</TD>
    <TD>&nbsp;</TD>
    <TD>Mot Valve</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">B27</TD>
    <TD>&nbsp;</TD>
    <TD>Courtesy Lamp</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">C82</TD>
    <TD>&nbsp;</TD>
    <TD>Commercial</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">D31</TD>
    <TD>&nbsp;</TD>
    <TD>Ignition Switch</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">D32</TD>
    <TD>&nbsp;</TD>
    <TD>Rotary Switch</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">D33</TD>
    <TD>&nbsp;</TD>
    <TD>Marine Ignition</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">D57</TD>
    <TD>&nbsp;</TD>
    <TD>Hall Effect Switch</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">E21</TD>
    <TD>&nbsp;</TD>
    <TD>Precision Ball Sw</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">I51</TD>
    <TD>&nbsp;</TD>
    <TD>Minder Master Disconnect</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">N43</TD>
    <TD>&nbsp;</TD>
    <TD>Motorized Valve</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">Y12</TD>
    <TD>&nbsp;</TD>
    <TD>Connector &ndash; PFR</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">Y35</TD>
    <TD>&nbsp;</TD>
    <TD>Toggle &ndash; PFR</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">Y41</TD>
    <TD>&nbsp;</TD>
    <TD>Backup Alarm &ndash; PFR</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">Y44</TD>
    <TD>&nbsp;</TD>
    <TD>Rocker Switch &ndash; PFR</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">Y46</TD>
    <TD>&nbsp;</TD>
    <TD>Push-Pull Switch PFR</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">Y50</TD>
    <TD>&nbsp;</TD>
    <TD>Solenoids &ndash; PFR</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">Y52</TD>
    <TD>&nbsp;</TD>
    <TD>Misc. Electrical PFR</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">Y53</TD>
    <TD>&nbsp;</TD>
    <TD>Product Display &ndash; PFR</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">Y54</TD>
    <TD>&nbsp;</TD>
    <TD>Circuit Breaker &ndash; PFR</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">Z09</TD>
    <TD>&nbsp;</TD>
    <TD>A/M US Car (Excluding 7+4 Way Trailer Tow Sockets)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">Z21</TD>
    <TD>&nbsp;</TD>
    <TD>A/M Prec Ball Sw</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">Z27</TD>
    <TD>&nbsp;</TD>
    <TD>A/M Courtesy Lamp Sw (except for p/n 27-100)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">Z31</TD>
    <TD>&nbsp;</TD>
    <TD>A/M Ignition Switch</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">Z33</TD>
    <TD>&nbsp;</TD>
    <TD>A/M Marine Ignition</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">Z51</TD>
    <TD>&nbsp;</TD>
    <TD>A/M Master Disconnect</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">Z80</TD>
    <TD>&nbsp;</TD>
    <TD>A/M Compact Cab</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">D58</TD>
    <TD>&nbsp;</TD>
    <TD>Linear Position Sens</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">J25</TD>
    <TD>&nbsp;</TD>
    <TD>Boot Accessories</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 40%; border-bottom: Black 1pt solid; text-align: center"><B>Juarez Product Line</B></TD>
    <TD STYLE="width: 2%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 58%; border-bottom: Black 1pt solid; text-align: center"><B>Product Description</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">J11</TD>
    <TD>&nbsp;</TD>
    <TD>Connector - MFG</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">J45</TD>
    <TD>&nbsp;</TD>
    <TD>Push-Pull Momentary - MF</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">J31</TD>
    <TD>&nbsp;</TD>
    <TD>Ignition Switch</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">Y46</TD>
    <TD>&nbsp;</TD>
    <TD>Push-Pull Switch - PFR</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">Y52</TD>
    <TD>&nbsp;</TD>
    <TD>Misc. Electrical - PFR</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">Y12</TD>
    <TD>&nbsp;</TD>
    <TD>Connector &ndash; PFR</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">Y35</TD>
    <TD>&nbsp;</TD>
    <TD>Toggle - PFR</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">J80</TD>
    <TD>&nbsp;</TD>
    <TD>Juarez Headlamp Switch</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">J34</TD>
    <TD>&nbsp;</TD>
    <TD>Toggle Switches</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">J37</TD>
    <TD>&nbsp;</TD>
    <TD>Juarez Rotary Position Sensor</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">J57</TD>
    <TD>&nbsp;</TD>
    <TD>Juarez Enterprise Rotary Position Sensor</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>



<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 53; Options: NewSection Last; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">APP B-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="margin: 0"></P>
</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>tv518304_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Exhibit 99.1</B></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font-size: 10pt; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; font-size: 10pt"><IMG SRC="tv518304_ex99-1img01.jpg" ALT=""></TD>
    <TD STYLE="width: 50%; font-size: 10pt; text-align: right"><IMG SRC="tv518304_ex99-1img02.jpg" ALT=""></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 12pt"><B>Stoneridge
Announces Divestiture of Non-core Switches and</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 12pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 12pt"><B>Connectors
Product Lines to Standard Motor Products</B></FONT></P>

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

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

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD><B>Stoneridge, Inc., (the &ldquo;Company&rdquo;) has sold product lines and assets related to certain non-core switches and
connectors (the &ldquo;Business&rdquo;) to Standard Motor Products, Inc., for approximately $40 million, subject to a post-closing
inventory adjustment.</B></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><B>Stoneridge will retain and recognize approximately $5 million in value related to retained net working capital assets of
the Business.</B></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><B>Stoneridge will retain the Canton, Massachusetts manufacturing facility. </B></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><B>The Business generated approximately $45 million of revenue in 2018. </B></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><B>Divestiture is expected to reduce 2019 adjusted earnings per share (&ldquo;EPS&rdquo;) by ($0.15) &ndash; ($0.20).</B></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><B>Divestiture and the related, previously announced closure of the Canton, Massachusetts manufacturing facility is expected
to have ($0.05) &ndash; $0.00 EPS impact in 2020.</B></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><B>Control Devices&rsquo; adjusted operating margin is expected to improve by 100&ndash;125 basis points in 2020.</B></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>NOVI, Mich. </B>&mdash; April 1, 2019 &mdash; Stoneridge, Inc.
(NYSE: SRI), a leader in highly engineered electrical and electronic components for the commercial vehicle and automotive industry,
announced today that it has sold assets related to non-core switches and connectors product lines to Standard Motor Products, Inc.
(&ldquo;SMP&rdquo;), for approximately $40 million, subject to a post-closing inventory adjustment. Related to the transaction,
Stoneridge and SMP have entered into a transition services agreement, supply agreement and contract manufacturing agreement to
help support the transition of the product lines to SMP&rsquo;s facilities.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Products related to the Business are currently manufactured in Juarez,
Mexico and Canton, Massachusetts, and include ball switches, ignition switches, rotary switches, courtesy lamps, toggle switches,
headlamp switches and other related components. Stoneridge will retain the Canton manufacturing facility, as well as certain other
net working capital assets related to the Business.</P>

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

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

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">In January, Stoneridge announced Stoneridge 2020, a project aimed
at focusing its business on core technologies to drive sustainable, outsized growth, and the closure of its Canton manufacturing
facility. The Company has begun moving engineering capabilities and will relocate the remaining products currently manufactured
at that location to other North American manufacturing sites. Stoneridge is targeting a closure of the facility by the end of 2019,
at which time it is expected that Stoneridge will sell the facility.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&ldquo;Stoneridge has undergone a significant business transformation
to position the Company for long-term growth,&rdquo; said Jon DeGaynor, president and chief executive officer, Stoneridge. &ldquo;This
divestiture is part of an <FONT STYLE="background-color: white">initiative to better align Stoneridge&rsquo;s operations and engineering
footprint </FONT>and focus resources on the technology platforms and growth products that will drive value for our customers, shareholders
and employees.&rdquo;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Angle Advisors, LLC, acted as financial advisor to Stoneridge for
this transaction.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B><U>About Stoneridge, Inc.</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Stoneridge, Inc., headquartered in Novi, Michigan, is an independent
designer and manufacturer of highly engineered electrical and electronic components, modules and systems principally for the automotive,
commercial vehicle, motorcycle, agricultural and off-highway vehicle markets. Additional information about Stoneridge can be found
at <U>Stoneridge.com</U>.&nbsp;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Forward-Looking Statements</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Statements in this press release contain &ldquo;forward-looking
statements&rdquo; under the Private Securities Litigation Reform Act of 1995. These statements include statements regarding the
intent, belief or current expectations of the Company with respect to the Company&rsquo;s sale of the asset of the Business to
SMP. Forward-looking statements may be identified by the words &ldquo;will,&rdquo; &ldquo;may,&rdquo; &ldquo;should,&rdquo; &ldquo;designed
to,&rdquo; &ldquo;believes,&rdquo; &ldquo;plans,&rdquo; &ldquo;projects,&rdquo; &ldquo;intends,&rdquo; &ldquo;expects,&rdquo; &ldquo;estimates,&rdquo;
&ldquo;anticipates,&rdquo; &ldquo;continue,&rdquo; and similar words and expressions. The forward-looking statements are subject
to risks and uncertainties that could cause actual events or results to differ materially from those expressed in or implied by
the statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements
include, among other factors:</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>a significant change in automotive, commercial, off-highway, motorcycle or agricultural vehicle production;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>competitive market conditions and resulting effects on sales and pricing;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>customer acceptance of new products;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>our ability to successfully launch/produce products for awarded business;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>adverse changes in laws, government regulations or market conditions, including tariffs, affecting our products or our customers&rsquo;
products;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>our ability to protect our intellectual property and successfully defend against assertions made against us;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>the ability of our suppliers to supply us with parts and components at competitive prices on a timely basis, including the
impact of potential tariffs and trade considerations on their operations and output;</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0 0 0 0.5in; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"></P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font-size: 10pt; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; font-size: 10pt"><IMG SRC="tv518304_ex99-1img01.jpg" ALT=""></TD>
    <TD STYLE="width: 50%; font-size: 10pt; text-align: right"><IMG SRC="tv518304_ex99-1img02.jpg" ALT=""></TD></TR>
</TABLE>
<P STYLE="font: 10pt Symbol; margin: 0 0 0 0.5in; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>the failure to achieve the successful integration of any acquired company or business;</TD></TR>
</TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>risks related to a failure of our information technology systems and networks and risks associated with current and emerging
technology threats and damage from computer viruses, unauthorized access, cyber-attack and other similar disruptions; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>the items described in Part I, Item IA (&ldquo;Risk Factors&rdquo;) of our 2018 10-K filed with the SEC.</TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">In addition, this release contains time-sensitive information that
reflects management&rsquo;s best analysis only as of the date of this release. The Company does not undertake any obligation to
publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after
the date of this release.</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Regan Grant</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Director, Global Strategic Marketing and Communications</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Regan.Grant@stoneridge.com&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">+1.248.829.2100</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Matt Horvath</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Director, Investor Relations and Corporate Development</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Matthew.Horvath@stoneridge.com&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">+1.248.324.3883</P>

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

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



<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 3; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>4
<FILENAME>tv518304_ex99-2.htm
<DESCRIPTION>EXHIBIT 99.2
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

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

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On April 1, 2019, Stoneridge, Inc. (the &ldquo;Company&rdquo;)
entered into an Asset Purchase Agreement (the &ldquo;APA&rdquo;) by and among the Company, the Company&rsquo;s wholly owned subsidiary,
Stoneridge Control Devices, Inc. (&ldquo;SCD&rdquo;), and Standard Motor Products, Inc. (&ldquo;SMP&rdquo;). On the same day pursuant
to the APA, in exchange for $40 million (subject to a post-closing inventory adjustment) and the assumption of certain liabilities
the Company and SCD sold to SMP product lines and assets related to certain non-core switches and connectors (the &ldquo;Non-Core
Switch and Connector Products&rdquo;). The products related to the Non-Core Switch &amp; Connector Products are currently manufactured
in Juarez, Mexico and Canton, Massachusetts, and include ball switches, ignition switches, rotary switches, courtesy lamps, toggle
switches, headlamp switches and other related components.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On April 1, 2019, the Company and SMP also entered into certain
ancillary agreements, including a transition services agreement, a contract manufacturing agreement and a supply agreement, pursuant
to which the Company will provide and be compensated for certain manufacturing, transitional, administrative and support services
to SMP on a short-term basis. Due to the short-term and non-recurring nature of these ancillary agreements, the impact has not
been incorporated into the following unaudited pro forma combined financial statements.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The unaudited pro forma combined financial statements are based
on the historical financial activity of the Non-Core Switch and Connector Products and the assumptions and adjustments described
in the accompanying notes to the unaudited pro forma combined financial statements.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The unaudited pro forma combined financial statements were prepared
with Stoneridge Inc., being the selling entity, and reflect estimates and assumptions deemed appropriate by Company management
to give effect to the disposal as if it had been completed effective December 31, 2018, with respect to the unaudited pro forma
combined balance sheet, and as of January 1, 2018 (the beginning of the Company&rsquo;s fiscal 2018), with respect to the unaudited
pro forma combined statement of operations. No gain on disposal was reflected in the unaudited pro forma combined statement of
operations as it is considered to be nonrecurring in nature.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The historical audited financial statements for Stoneridge,
Inc. were prepared in accordance with accounting principles generally accepted in the United States of America (&ldquo;U.S. GAAP&rdquo;).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The unaudited pro forma combined financial statements are not
intended to represent or be indicative of the results of operations or financial position of Stoneridge, Inc. that would have
been reported had the sale of the Non-Core Switch and Connector Products been completed as of the dates presented, and should
not be taken as representative of the future results of operations or financial position of Stoneridge, Inc.. The unaudited pro
forma combined financial statements and notes thereto should be read in conjunction with the historical financial statements of
Stoneridge, Inc. included in the annual report on Form 10-K for the year ended December&nbsp;31, 2018 filed with the U.S. Securities
Exchange Commission on February 27, 2019.</P>

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

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

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="white-space: nowrap; width: 100%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Stoneridge, Inc. and Subsidiaries </B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;Unaudited Pro Forma Combined Balance Sheets </B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;As of December 31, 2018 </B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;(In thousands) </B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: right; border-bottom: Black 1pt solid">Stoneridge</TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: right; border-bottom: Black 1pt solid">Non-Core Switch and Connector Products (A)</TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: right; border-bottom: Black 1pt solid">Pro Forma Adjustments</TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid">Notes</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: right; border-bottom: Black 1pt solid">Pro Forma <BR>
Combined</TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif">ASSETS</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Current assets:</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 42%; font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 10pt">Cash and cash equivalents</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="width: 10%; font: 10pt Times New Roman, Times, Serif; text-align: right">81,092</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="width: 10%; font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="width: 10%; font: 10pt Times New Roman, Times, Serif; text-align: right">40,000</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 5%; font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;(B)</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="width: 10%; font: 10pt Times New Roman, Times, Serif; text-align: right">121,092</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 10pt">Accounts receivable, net</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">139,076</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">139,076</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 10pt">Inventories, net</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">79,278</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">(2,505</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">76,773</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt; padding-left: 10pt">Prepaid expenses and other current assets</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">20,731</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">20,731</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt">Total current assets</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">320,177</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">(2,505</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">40,000</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">357,672</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Long-term assets:</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 10pt">Property, plant and equipment, net</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">112,213</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">(50</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">112,163</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 10pt">Intangible assets, net</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">62,032</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">62,032</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt">Goodwill</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">36,717</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">36,717</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt; padding-left: 10pt">Investments and other long-term assets, net</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">28,380</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">(5,389</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1pt">&nbsp;(C)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">22,991</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt">Total long-term assets</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">239,342</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">(50</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">(5,389</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">233,903</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 2.5pt">Total assets</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">559,519</TD><TD STYLE="padding-bottom: 2.5pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">(2,555</TD><TD STYLE="padding-bottom: 2.5pt; font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">34,611</TD><TD STYLE="padding-bottom: 2.5pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">591,575</TD><TD STYLE="padding-bottom: 2.5pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left">LIABILITIES AND SHAREHOLDERS' EQUITY</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Current liabilities:</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 10pt">Current portion of debt</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">1,533</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">1,533</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 10pt">Accounts payable</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">87,894</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">87,894</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt; padding-left: 10pt">Accrued expenses and other current liabilities</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">57,880</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">4,982</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1pt">&nbsp;(C)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">62,862</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt">Total current liabilities</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">147,307</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">4,982</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">152,289</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Long-term liabilities:</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 10pt">Revolving credit facility</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">96,000</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">96,000</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 10pt">Long-term debt, net</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">983</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">983</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 10pt">Deferred income taxes</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">14,895</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">14,895</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt; padding-left: 10pt">Other long-term liabilities</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">17,068</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">17,068</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt">Total long-term liabilities</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">128,946</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">128,946</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Shareholders' equity:</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt">Preferred Shares</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt">Common Shares</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 10pt">Additional paid-in capital</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">231,647</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">231,647</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 10pt">Common Shares held in treasury, 478 and 786 shares at December 31, 2018 and 2017, respectively, at cost</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">(8,880</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">(8,880</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-left: 10pt">Retained earnings</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">146,251</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">(2,555</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">29,629</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;(D)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">173,325</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt; padding-left: 10pt">Accumulated other comprehensive loss</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">(85,752</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">(85,752</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt">Total shareholders' equity</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">283,266</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">(2,555</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">29,629</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">310,340</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 2.5pt">Total liabilities and shareholders' equity</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">559,519</TD><TD STYLE="padding-bottom: 2.5pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">(2,555</TD><TD STYLE="padding-bottom: 2.5pt; font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">34,611</TD><TD STYLE="padding-bottom: 2.5pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">591,575</TD><TD STYLE="padding-bottom: 2.5pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
</TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">See accompanying notes to the unaudited pro forma combined financial
statements.</P>

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


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="white-space: nowrap; width: 100%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Stoneridge, Inc. and Subsidiaries </B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;Unaudited Pro Forma Combined Statement of Operations </B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;For the Year Ended December 31, 2018 </B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;(In thousands, except per share data) </B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: right; border-bottom: Black 1pt solid">Stoneridge</TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: right; border-bottom: Black 1pt solid">Non-Core Switch and Connector Products (E)</TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid">Notes</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: right; border-bottom: Black 1pt solid">Pro Forma <BR>
Combined</TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 55%; font: 10pt Times New Roman, Times, Serif; text-align: left">Net sales</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="width: 10%; font: 10pt Times New Roman, Times, Serif; text-align: right">866,199</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="width: 10%; font: 10pt Times New Roman, Times, Serif; text-align: right">(44,538</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD><TD STYLE="width: 1%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 5%; font-size: 10pt">&nbsp;</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="width: 10%; font: 10pt Times New Roman, Times, Serif; text-align: right">821,661</TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Costs and expenses:</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: 10pt">Cost of goods sold</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">609,568</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">(31,953</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">577,615</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: 10pt">Selling, general and administrative</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">138,553</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">(1,286</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">137,267</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt; text-indent: 10pt">Design and development</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">51,074</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">(150</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">50,924</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Operating income</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">67,004</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">(11,149</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">55,855</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: 10pt">Interest expense, net</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">4,720</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">4,720</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: 10pt">Equity in earnings of investee</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">(2,038</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">(2,038</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt; text-indent: 10pt">Other (income) expense, net</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">(736</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">-</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">(736</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Income before income taxes</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">65,058</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">(11,149</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">53,909</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt">Provision (benefit) for income taxes</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">11,210</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">(2,354</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1pt">(F)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">8,856</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 2.5pt">Net income attributable to Stoneridge, Inc.</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">53,848</TD><TD STYLE="padding-bottom: 2.5pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">(8,795</TD><TD STYLE="padding-bottom: 2.5pt; font: 10pt Times New Roman, Times, Serif; text-align: left">)</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">45,053</TD><TD STYLE="padding-bottom: 2.5pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Earnings per share attributable to Stoneridge, Inc.:</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-indent: 10pt">Basic</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">1.90</TD><TD STYLE="padding-bottom: 2.5pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">1.59</TD><TD STYLE="padding-bottom: 2.5pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-indent: 10pt">Diluted</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">1.85</TD><TD STYLE="padding-bottom: 2.5pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">1.55</TD><TD STYLE="padding-bottom: 2.5pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Weighted-average shares outstanding:</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-indent: 10pt">Basic</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">28,402</TD><TD STYLE="padding-bottom: 2.5pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">28,402</TD><TD STYLE="padding-bottom: 2.5pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-indent: 10pt">Diluted</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">29,080</TD><TD STYLE="padding-bottom: 2.5pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">29,080</TD><TD STYLE="padding-bottom: 2.5pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
</TABLE>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">See accompanying notes to the unaudited pro forma combined financial
statements.</P>

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

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

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Note 1. Basis of Presentation</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The unaudited pro forma combined financial statements are prepared
in accordance with Article 11 of SEC Regulation S-X. The historical financial information has been adjusted to give effect to the
transactions that are (i) directly attributable to the disposition of the Non-Core Switch and Connector Products, (ii) factually
supportable, and (iii) with respect to the unaudited pro forma combined statement of operations, expected to have a continuing
impact on the operating results of the combined company.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The historical financial information of Stoneridge Inc. is presented
in accordance with U.S. GAAP. The historical financial information of the Non-Core Switch and Connector Products is also presented
in accordance with U.S. GAAP and conforms to the accounting policies and presentation used by Stoneridge Inc.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Note 2. Notes to Pro Forma Combined Balance Sheet and Statement
of Operations</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The pro forma adjustments and assumptions reflected in the unaudited
pro forma combined balance sheet and statement of operations represent estimated values and amounts based on available information.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The following pro forma adjustments are included in our unaudited
pro forma combined financial statements:</P>

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

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

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 27.35pt">(A)</TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">The balance sheet for the Non-Core Switch and Connector Products represents
assets sold pursuant to the APA and conforms to both U.S. GAAP and the accounting policies and presentation used by Stoneridge
Inc., relating to the following:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 45pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><B><I>Inventory</I></B> Represents finished goods inventory of the Non-Core Switch and Connector Products of $2,505.</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 45.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><B><I>Property, plant and equipment, net</I></B> Represents the net book value of property, plant and equipment, net directly
associated with the production of the Non-Core Switch and Connector Products.</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 27pt">(B)</TD><TD><B><I>Cash and cash equivalents</I></B> Represents the cash proceeds received as a result of the disposal of the Non-Core Switch
and Connector Products of $40,000.</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 27pt">(C<B>)</B></TD><TD><B><I>Investments and other long-term assets, net </I></B>Represents a reduction in noncurrent deferred tax assets of $5,389
primarily due to the expected utilization of federal and state tax loss and tax credit carryforwards.</TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27.35pt; text-indent: -0.35pt"><B><I>Accrued expenses and
other current</I></B> Represents transaction costs of $840 incurred and not paid by Stoneridge as of December 31, 2018, an estimate
of the post-closing inventory adjustment of $1,670 due to SMP and income taxes payable of $2,472 attributable to the pretax gain
on disposal of $34,936.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27.35pt; text-indent: -0.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 27pt">(D)</TD><TD><B><I>Shareholders&rsquo; equity</I></B> Reflects the pro forma net impact of the disposal of the Non-Core Switch and Connector
Products excluding the net book value of disposed assets as of December 31, 2018.</TD></TR></TABLE>

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



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

<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27.35pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27.35pt; text-indent: -27.35pt"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27.35pt; text-indent: -27.35pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27.35pt; text-indent: -27.35pt"><B><I>Statement of Operations</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27.35pt; text-indent: -27.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 27pt">(E)</TD><TD>The statement of operations for the Non-Core Switch and Connector Products represents sales and cost of goods sold attributable
disposed non-core switch and connector products as well direct selling, general and administrative and design and development costs.
Selling, general and administrative and design and development costs represent the Company&rsquo;s estimate of incremental support
costs attributable to the Non-Core Switch and Connector Products. The Non-Core Switch and Connector Products presentation conforms
to both U.S. GAAP and the <FONT STYLE="font-family: Times New Roman, Times, Serif">accounting policies and presentation used by
Stoneridge, Inc. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27pt; text-indent: -27pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 27pt">(F)</TD><TD><B><I>Provision for income taxes</I></B> Reflects the estimated federal and state income tax expense reduction resulting from
the dispoal of the Non-Core Switch and Connector Products.</TD></TR></TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27.35pt; text-indent: -27.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27.35pt; text-indent: -27.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27.35pt; text-indent: -27.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27.35pt; text-indent: -27.35pt"></P>

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

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

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



<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 5; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>tv518304_ex99-1img01.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tv518304_ex99-1img01.jpg
M_]C_X  02D9)1@ ! @  9 !D  #_[  11'5C:WD  0 $    9   _^X #D%D
M;V)E &3      ?_; (0  0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0(" @(" @(" @(" P,# P,# P,# P$! 0$! 0$" 0$"
M @(! @(# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,#
M P,# P,# P,#_\  $0@ 9 #C P$1  (1 0,1 ?_$ +$  0 " @(" P
M       ("0<*!08""P$#! $!  (" @,!              4'!@@$"0$#"@(0
M   & @$# @4# @4"!P    $" P0%!@<( !$2"1,4(2(5%@HQ)!<C&$$R-28W
M45=A8S0E9389$0 ! P,!!@0#!04&!@,    !  (#$00%!B$Q01(3!U$B,@AA
M(Q1Q0F(S%:&Q4G(D@9'!0V,)DK)3@S1$1187_]H # ,!  (1 Q$ /P#?XX1.
M$3A$X1.$3A$X1.$3A%"3-^]6+<7WYE@C'D9,[#;/31!&'P%B=5A(3\6EU[33
M>3[.Y5+5<1U%B(E.Z?S3A%0B1@,BW<&$I#0E]G;6UN!86X=<9-VZ*.A(^+W>
MF-HXEQ^P%7AH;L-JK5.GWZ]U%+#ISM= ?F96_#F1//\ TK& #KY"X=M#(K9C
M@7"CY(P"X=[JT9;ZU!/,Q[:9&I40\AFPSB];AI4*]@S#[)(I>AOKMC-'/[I.
MLP-T7L$R+9$5!ZL6$>4QBJ>^)LT49O,M(P. K0&D48^TT+B.+W4_"UJ@<K=8
M?)W[-&=HL;?30S.Z0FDCZV4R#C_I0\[+:)WW;2VYW4_/N+@@%N5,;Y-8Y48&
MLE8@YY&C.4DU*]:[!'.J]]W)*=#DE*[ 2B"$Z>MK(B!D'[M%H5X404;$6;F(
MN;E6UTVZ;U8FNZ!W.(IS?$ [:>!-*\*C:L4U+I>?2EQ^F92>W=G6DB:")[9O
MIR-[)I6$Q"8'8Z*-TAC-6R.9("P9,YREC"<(G")PB<(G")PB<(G")PB<(G")
MPB<(G")PB<(G")PB<(G")PB<(G"*,FSNXFNVGU/&Y9[R1#U%%RDL:!K29AE+
MO;G")3C[.J5%AZLS,*"<G894J96J B KJI%^;D9D\QCL/#UK^1K =S=[G?RM
M&T_N'$A6AVN[-=Q^\>9_1M 8V:\>TCJS'R6UN#]Z>X=2.,4VAI)>X \C''8J
M*8_<+?KRXV>:H^H\<_TWU"BGKF-R'L9-#Z]]D(Q  -(1D/.M54&;2Q+,RB/T
MR!6]1EZ@"]ETDS 0V"MS&?U=*Z#$ V>'!H^8^HCB =P/X6'9]YX"WQN.S?M^
M]H.+@SO=^2/6?>&9C7VF'CV6K'GT/DB<"YT(=LZ]TVDE/D6;W D=LK>W&E?C
MR;)ZG>.G&4QN7MC=Y$S2Q2M4=EL+NZ7@@+ \G,J9?1;N"3)8Q<QEU6,0"D='
M(^IZJK$?45'VQ9?"Z>'Z3IV)U[EGG:6FO,[B9).--]&[!Q+=I43D^T/>WW%R
MGNW[C\I#HOM)8Q\T,<[>BVVM=G+%8X\D=/G%&MEN*33.Y>1D_E8)Q8JU4O\
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M!&;A]:(6R+26>\CE.G[F*4R_9W2QF&ON-%Q$G9'*F1GW+0W[1@V1$BA\/;'
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M*KN'"ZIBI(HHI%$QSF$"E* B(].>"0T5.P!?N**2:1L,+7/F>X-:UH)+B30
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MGFN3I5>FIC&JNV-]]ZI"Q9IQR%)R?DB=301EU&AWJ3@48[TDE._N3#H =
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M+K9L/A)6U;U5,\1B[--!7@<IA4XG&^PC*OW63JT4O,+Q4+;H@S9ZW]8P"3W
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MP5%1=-7F)ZE+,S="$D7+23<(G[EBF3.=IS$KD9_4E8;?FL,,=[W#Y\@^#?\
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/3A$X1.$3A$X1.$3A%__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>tv518304_ex99-1img02.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tv518304_ex99-1img02.jpg
M_]C_X  02D9)1@ ! @  9 !D  #_[  11'5C:WD  0 $    9   _^X #D%D
M;V)E &3      ?_; (0  0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0(" @(" @(" @(" P,# P,# P,# P$! 0$! 0$" 0$"
M @(! @(# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,#
M P,# P,# P,#_\  $0@ 2@$6 P$1  (1 0,1 ?_$ /   0  !P$! 0$
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MT'IT#JJIY;7=[#U\=C3U)0\XW@7QFGB?NQH/3H'553RVN[V'KX[&GJ2AYQO
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MD_L"UO:-P+X1)>FN^<??4VI5->4C>'RNNG]HYS])NJT4FZ?)]H[ZQ7W<Y?\
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MCPC,-XG23OA;3WC:GMNM^SFRYFL^RRJJJ^JGJ(;E8Q=+:RLH:=NNR"2%Q_\
M15;9B&E\39(RR-^^X$+;_7EJ(TP:CKCT08-D\ZW+D*'P-8Q\?YTUJ!CR:<S=
MVH2BT<HFK!6?,/&EUW1&VJ,><X*/#D<+J.U#%%0XJ&4ON8[G;;J^V4 JI)VT
MD)BGK3&<9 78@M8<'O;&- UL"?=6O?%9V0[;=CMGVF;3J+*]%:+CFJYBOLF3
M^WX6PTKHQ(")JN%CJ6FDJ>$ U806,;$QI#&AC6U^^,TZ:-//=Q9NT>V_JE;:
MS;AR_D"T+DQ1&0=BWU:]I8'CX&582<Q<7.;]:H'CIR>3:G(>/8;Q"KJB;B47
M4-7EKK3:\I567H*]MREJIHWQ!D<C(Z75TN=\,_'=N%HT<C=5JRQLWVT;7..)
MEGC"W;(S]G-HR_::JGNDD];15-5>Y)XI(XJ?5H7.$D,!<")Y\"6- W61,&A_
M=NY5L'"&N+3GE;*5PHVIC^R[V<R=SW$X:2+]")8*VW.QY'*K.):/Y%<G.GB9
M1!%%0_JMNS8 U9,KUU+:\QT5QKG:E'#.'/=@3@,",<!B3N[P6TO''R+FO:9Q
M9,X9$R/2.K\V7*VMCIJ=KXV.E>*B"0M#Y7LC:=5CCB][1HPQ72N6UQX+U28;
M[P339JGS),.H@^9,A9[T0Y5NI&\[L<Q\J%Q3B5M6#'%3C9*;A[;?PRC=-HT<
M BU:,)!V0"I"FD4,GK,S6^^4%TM=[GD<PU+JB@E=K.+7:QPBPTN#7-PP&AK0
M3OA:94'%CVH;#MHNR;;+L,RY3LKQEV@L><[72FCI6R1=KPFHKI"9(X9:ADPD
M=+*POEEG@@=B\/>XR;SO725J9T1:!<426O.V=-U_:=+!OJ(OR EL=9BN-9W)
M7A+PJS9J#NS(E*/$T6A &,)@66(8KH-T0$#A76JJNP7G*]GM=1<64==0QR"1
MKHY7Z9' @ QZ-&&._NZ%SRWEO;YL6XR^U;/='LKK<Y95S?=J*6AGBN%IIPR.
MDBF#G:E7*9,)73@ :C"#$<006E6CI4O;25#:,=?&C#(>KFT;$<Y9S!C];'&5
MY''62YF"NVV;"G(2;4NQ"WH>$=3+%I,!;_)$0=G1<I&<%$Q1 IJIV&X66#+M
MWL%=6-@?5S0\%*8WN:YL9!+]5N+@#A@ <#ITK(-NN6MOMPXQVRKC'91V?W"Z
M0V'+M<VX6N.X6Z&>EJ:Z&>$4KJB69L+W0\/K%\37QN$9 ()"_7H&NS2%HQU*
MYIB);659][8XRCI#OFPXW,L'C7*,)$PE^W?.Q31"W5[<>0KBYEG49'QXOA<)
MD*@<@@0#E4#957*M?8LO7JI?/7,EH9K?)$)FQ2 !\A;@W5/P] !).&'L+K\:
MNP\8+C&[&<MW"@V=7&V9PL>T"BK9+1-<;9-+-0TD$KW5#:ADS:8-DDDX'@W$
MO!!<6EI6+\*XQT18;U0:=\BY)U]6/J#QC9%PS5[WE$ML6YECU62UBQ9)ZR[?
M(VNN'<IRI+PN\C9 4B 1$B2*AEA H@ VBTTF6K9=:.6LN4=7;XGZ\@$4PQ,8
MQ8TA^)/"/P&C<P.L5G&TG.O&7VB[$<WY0R;LIN>4LZW.DAHZ25USM$@>*V4P
M5DY=2RM,1I*0R/UB2]SGL$8Q!(V<TJ]\FPNS5G=KS518F!+&P7G:(R+9N4+Z
MM3"<1&9'&V;@B7Q;<97M>MM,Y"[[MC4P:M6+HJA77*;Q5!* )@)<EL>?YW7Q
M\V8A2MM-4R5DSF0-;)JO'P<9&#7<!@ ['=W=Y>*;=?1UU=AV"4%/L,NF:KIM
M0RO46^KMM%57F62W]LP2L-0^CHZA\=)2R'6EFB+3'JX%FM\+ Z 8$Q+IB8Y$
MN:[(KO$&FG*[\3YME@QO=A\89,DTKHQ;%.DS6WD"S+DMAL$@VN=^B"I58F1:
M-/4"4IS"4YRUB=MH;/PQF[KLHIX)R8G&&4ZT;3BUT;V$%KR-&J[#V\5M?M4S
M]MLJLH45AK]D4F<,OW[+,7=&E%RMT9IKG*T]L4%93U+N#=31G5+:JGEE^%B6
M@%K2NGF-.\4TC7!WN>6M3,A=!L7X9N'3E.XG;9$G;6ETWE\7FW96S&$O)];E
MLQDA*L%;@)'&Y$%4BJ\@U3%;DCFW"YO29OL3MH,^8I2Z"UOI'1!Y:<7OU0WA
M"QN)&OAR\!I6DV<^*%M^M/$!L&Q>DH1>]HU)G&"Z.M\%3$645&Y]3(:1E14R
M1Q/$!D&N6N+=>1XCUVMUCQMU,8;PA8%I0<[CC73:^J6?7GPBW-GQ&/<L6J^@
M(E=B[=+7",G?[9*.5; Z:I-SH(FY8QEBFV"4H[/.ZVBME)&UU!<(ZV1SB"UL
M<K"T?*QDT$;V TK]$]B^T7:9FN_U5KSALOKLC6IM)PK:N6OM=4R>5KVM%/P=
M"XR!VJYSP]XU &$:"1CI15N6RB41*(E$2B)1%6K;^44!^>XG\O;U+>F,^T9]
M8*W7G[HJ_P"FE_AN7JY-_<$?P2?V!:WM&X%\(DO37?./OJ;4JFO*1O#Y773^
MT<Y^DW5:*3=/D^T=]8K[N<O_ '!0_P!'#_#:K<JFKNE$2B)1$HB41*(E$2B)
M1$HB41*(E$2B)1$HB41*(E$2B)1$HB41*(E$2B)1$HB41*(JU;?RB@/SW$_E
M[>I;TQGVC/K!6Z\_=%7_ $TO\-R]7)O[@C^"3^P+6]HW OA$EZ:[YQ]]3:E4
MUY8^9K0+:&7LI6J5^9^6W,AWG!E?&;@W%V$7<4BS!R* ++ B*P([V[O&W=NS
M:-:IG)+)29.V7#6<3\0;YQ^4ON3V<YA=F'9]8[\8A$:RT4<VIK:VIPM/&_5U
ML!CACAC@,?8"QKS+[Y];_'4?@5G\R?H#]I9EVR?D\U0BR-YBA1],!#YVVN+L
MC'\BI]UG^)1VR_>:/=/.4/,E?9I?7_0JG^!IOYAOT3SU';4OR6^Z><H19N/,
MY$?3,</Z UP=D>J'Q9V'VB%Q-7/O,9](\Y0\T=>Q0_&G_P!'7#\$UO58^;SE
M';=1U-GTCSE +9X'$DD;TEMGSRA5-V2Z\;CV'V^?@N)K*D?Y3#^ET%#R#WX.
MG^/#Z%</P;<?9;[HYZCMZJZBWZ?04(I/0_LH#_-5*/T*INRC<F[Q/*U?VE!K
MZKJ ^ET%#R;WX&;\86N/X4N/R7>XW]I1W0JNH?K=!0CSL.-DI_ (C\X!JD[+
M->W=9)]''WBN)N52/\@^Z><H=YU\#5^8;VM<?PY6_(E^AT5Q[J5'4#[IYR@%
M9<O&U4#^ _M*INL52WXPD'Z!4&[3#=@/NGG*'G"OP8_U_M*X]Q)O^9] KCW8
MDZCS3SE"+LP<:(AZ8F#^C5,VDM.#G.!^;T5!O3ANQ?K'G+YSP?N7UP^UJ.Y?
MYY^CT5'=MW4A]+H)SW[V'U8_0J.Y@^7S.BG=L]2'TN@G/?O8?5C]"G<QOR^9
MT4[MGJ0^ET$Y[][#ZH?:T[F#Y?,Z*=VSU(?2Z"<\'[E]</M:=S!\OF=%.[;N
MI#Z1YR^\\'[E]</M:=RQ\L^YT5/=I_4N:><OG/!^Y!]7_%3N8/EGW.BH[MG?
MB'TN@H1D"!Q@F'IJ@%.Y@^7S.BN!S QOQF,'Z?04LTJW)Z\[<O\ .<)E^>(4
M[FMZIS.BJ3\S4L>F0PM')D:/?4H9QB'&X:!YOOI/_(-1W.9U3F=%4#F^VM^-
M)3C_ ,5JDFN2+*.P7C,!#C#G #\X!IW.9U3F=%==V>[(PX.FI\?M.@I1KJB"
MAM%VW'^:=0X_,*F(U!M\8_S.9T50=M"L+!B9H?:<X^\TJ4-X0P?V@H^D1<?Z
MD*CM"/JG,Z*H':5EX?YC3[3_ -A237K#E'9O*F]$J2@A\T2A3M"/JA^CT5UW
M;4LOM. #SRFNYP4HU\Q0<2;DW'P F(;?.]<(<=1VC'\L_1Z*HNVK6,#X,<I]
MKGJ2-^Q_F,W8_BP_IC3M%GRS[@YZZYVN6G>I9S[;>>I1K^:AZR.<&X^-9,OI
M?R35':+?E'W.BJ#]KU$.ET4KN6]H_N*N>P[O3EKZLJ*!@=#XSNZVH[EQ7*?D
M>>S3)L*O)@0N_P GRNW=VAMV;-H5 HFA[#K'IC-[\X<E8_F7;-'39>KZAEO<
MXQT4[L#*!CA$XX8ZAP7K3)EW$R$V[=PA2[?/W2@&W^'96[PW OBQ>[6>7>R2
M5'4KBOXULN^3YZR+_P J9)ON*OS!#6-O+(5VW+'M7MRW<5XWBYV??R;3G8(V
M4LB5T1NY+OD*<P ;: &'CKRT94O;1J@0D?//.7T4[/\ TL_%WRGD6S96KK5F
ME]9;K12TTCF4]*6.E@@9&_5QK =4N:<'$#1I("H+#R;+5BNJ4K_-> V"(DVF
M53<7X],!MGK 2+:2&]P^;O %5(\IWMS@'F!C?9Q)Y@ 5UJO3*;!HF8TN6LU2
MR8[A;0LT>SB:H^\KF0\FCU#F2.+K4?AA%8-O)D0@KX<)&\[?548M3$V^@0U5
M_P 'W3'IU.1RGCGJRR^F>V1AX$&3LQNCWRZ>B:1R@'N!]T*KI^3.9H$J/*ZH
M<8$,80YP"=CW6H5(-GJA1,:12%<0'B P)[:?@^Z]5I_U_P!E6]WIHMG +M3)
M%[+1\7&MI1CR_P!V=7VBY7/'^3*7L=4P2NKFUFR.[ZDT?B*6>JB;SC)N;\CR
M%+Z(&'TJJ19/KB["::)K/S02?<('OJRU?IJ,MM8#0Y KGR8Z1)=8F##EMH7G
MF*Z6_DR.Q 0=ZP=YSO<!F^%@30W=[B$BN2E%!-N_3;-M5G9,EQ^#5#5^S_Q*
MQ3>FJ)EQI]GH$.&XZ\8NQY8MP',5P)>3*6KOM^7U<7"*8>^@2Q+&E.;BV\W$
M]\'*GYOK@-YE4_P75?S;>M_XE:G^FHONJ_@\@4>O^3C=9"!\["B&/M8*YF7D
MS6(R"?XRU3Y(<@(?:P8X_M=@)1X.$YG$S) <-FW@ "U4BR4_3P]6[#>U6-'U
MM;WO;5EJ?329_<!VGD:S,._KU]2_W-6&/#FJOI>31:>RID!?4AF=18# *BB4
M%8Z*9B;>$I$CQZYB&$O  B<P /#L\RJQR5'CHJI<.2UG]V'O*U2>F>VMEY,6
M3LN-CPT SUI(/)(D:#RL!RU6T?)K-+9%TCKYWSNL@4NQ9 H6$B=4W!ZHJWZK
MJ<D'H;IO3J/P6S^9?]$<]6N3TR^W%T3FQ97RLV4G0X]O$ <KMD8\O$*[8WR;
M_14W(H$IDO45)',("F=O=%AQP)AYH&)^[QWR@CY^T*K0Y,HVX\/-*_V,,&\_
M%6&L],5QDI7 T5ERA"T;H=35TF/M]OLPYJNA'R=?00D5 JD[J"<&2, JG5R%
M;9!<@ #M*J"%A)%(!MO^; @\%5#DRVDDB6H ^<-'ZJLDGI>N-2]SBRERFP.&
M@"@J#J\K6KB3^EBJVCY/7W>Z2W*G0S8X3W-WFRV3$2HB;A^V"9O;:#C>X>+?
MW>#BKC^"[=OS5/TF_L*V2>EMXVKX]1K\M,?C\86XX\KX50YN'Z./)5R,>X&[
MN-HD*:]C9)DSB;:"[[*UT)JE#V(!&JQZ.[Z9!'T:KQY0M+!\,SO/YTA_X=56
M>I]*UQPIWZ\5SLT+</BLM=,1R_W@D/-555[A?NV%.2V8IO)/DRE*()Y8O\.5
MW1V[5=^:.(F'S=FRJGX3LIQQ8\X_GNYZMP]*9QR0' WVW'6]FUT&CE?N??Q5
M)?\ <"=W \0410L+(\8HILW73#+%VF71V& P@F61<OVQ@$.#U:9^#BX>&J,V
M3+-*S5;PT;O9:\X_K:PYBK1>E/XXK'!S[S:Y&C=#K91@'EZD;3[A"QE*>3C:
M!) #\UN347#F.50H&89&M=44Q.??*<H2>/) HF2+ZDN\ @(>NVCPU;';.[0\
MXF>K^E'V)7:+TK_&Q8_6FFR_*-&@T!:#A\R=IT[IP(Y& T+#DWY,?I9>++&@
M]1FHZ&0/RW(HNSXSF#);Q@%OOK!8T<*H(E 0'@+O[=O!5NDV9P.<=2NJ PG0
M-2(D#>TZNE932>EQXPD<8;76RPS/T8EK*B/'V<!PS\,=[=PY*Q=</DM^+WA#
M_J[K(RS&G^V"D$UCNS)<H")0!(%#QDC;IS 4WKA\T.+8(;:MM5LGX4@PW&4'
M?UHHSS6ZI]W%7^F]+OM5=@VZY>H)&[_!54L)Y.&,4GM8G0L337DK,B9-0;?U
MROBJ@)A1)-86.JF8 2]0151CD]$Q!%?C,!#;"_R1&ND=D52&DLN(+L-&,6 Q
MY)#]'N'E*]T?I;KT2!<LJSN;HQX.[.&_N@.HSO;V(T[ZP_(^2NZ@-XWQ?J_Q
M>]*!]A!D+'O5@8R8DVB8Y6\M) 4_*\&Z F#=X=NW@KHNV2WO>K*;VVR+)(_2
MO97FP-;EJ]@X:=6MB?IQY+6;W-T8;ZQ7.>2ZZV6:H%A<YZ>9Y(3$ 55I7(D2
M8"B0PF,*2UFN]NX8 +L P[=NWS*Z<NRK,['%L<U)(SV<7MYA!]]9%1^E(V1U
M#<:^TYEA?[&%-)RM(JAO<A8IFO)GN\=CD^4CI'3U<0[";46&3)MFXVFWM[8$
MS9$<V$J>P-H\J CMX &NM-LQS9&W6C;32''<;)@?UF@<W'D+(Z/TE?%WJ785
M4>8:?=TOHXW#_P NI>=/S5C"0\G8[TIF03-\28_EC 4I@389FQXF<PF.)!(
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..Z2P<05M\-Q?.4E2B_]D!

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