Document QJDQBqeREwMBDpORG1en1XLq5

REDACTED DOCUMENT -- EXHBIT A STOCK PURCHASE AGREEMENT AMONG CYPRUS MINES CORPORATION CYPRUS MINERALS COMPANY and RTZ AMERICA INC. Dated as of June 5, 1992 PLAINTIFFS EXHIBIT CAM-240 CAMC-Logiudice-003822 REDACTED DOCUMENT ,h -,,. PURCHASE AGREEMENT dated as of June 5 19 9 2 (herein, together with the Schedules and Annexes attaAh** MinesoSo?ationt0aan "^ISfiEg) by and among cp^us AtmaerriicaSITnncS.I,nPaanyDAelfawDaerleawcaorrepocroartpioornati("oBnuyer"} ? indraS2 Talc CoroSSitioS XifSf? a corPoration; and Green Mountain a ^ % e ^ ! ^ i O^ r^ i aS S % = 0g " ^ion; and is the o S r d shares of DIMTA s a a SFSSLSSSiS'SJS'SSpain and i s ^ . * ^ ^sfue^ an^ outstanding hf Tokyo"* j S o M Uo n TM ndi?? shares of Nihon Mistron c S J a n y a T ^ J a p a n corporation (colleotively the fiShsr P y ' * set forth " s e l l e r terf? and conditions hereinafter Buyer ^ ^ ^ ,, 2 : , * ^ ^ ^ " " le f' " * rcpresentations^w^warrantie^nade^eMin 1 in s S y e V S f s e ? l ^ r e b y ^ r . e ^ s T u o w s ? " 1" Oontainad< rki\j. j. vi-iJD J, DEFINITIONS the following principles "^ o i i S f iq, n<?Jpi gg" "ans the accounting t o r t ^ l A n S 1^ * ? ^ PrCedUreS of " t forth in ^ ^ f f ^ i a a - E x a E a a a l Shall have the meaning set -1- CAMC-Logiudice-003823 REDACTED DOCUMENT in Sectlon"f^ W n Y " " sha11 hava the meaning set forth other Person^directly or^indireni-i tesPe^t to any Person, any by, or under common centre! wito sichSSer1pe?4on?''tr0lleiS properties and^ights^of .menns all assets. Reference Balance Sheetf th C panles corded on the section Sha11 have the meaning set forth in forth in S e ^ f ^ S S7fifJafcllilSa" s h a U have the meaning set forth in Section shall have the meaning set Section 7.6?laimS sha11 ^ave the meaning set forth in Section 3.i?l0S1TV7 sha11 have the meaning set forth in Section 3.l.l0Slnrf sha11 have the meaning set forth in amended. mans the Internal Revenue Code of 1986, as O"tChoemrpanCyom;panfesSandSeaacchhaaannddOeevveerryS0olnleeCtofiVtehleymNeshwaclol arbed athe set forth i^ s l e t i S S 1? ^ ? 7 shall have the meaning the terms Mcontrol1ed^y"^nd5"under rrelative meanings, as used with respectto anvPercii common control with"), directly or indirectly of^t-hf" 011' means the possession, direction of the manag4ment^ndPolioi diJect or caus the whether through ownership of vo+.?licies such Person, or otherwise. ownershlP of voting securities, by contract in Section 4 ^ 2 ^ " ^ ^ss^ ,fi shall have the meaning set forth forth in Sha11 have the w a n i n g set -2- CAMC-Logiudice-003824 REDACTED DOCUMENT section lll'l?!" *" Sha11 have the aea^ n g set forth in other independent^accountina firm8 EfnS? & Young or any Seller and Buyer? 1 9 firm mutually agreed upon by section 5 J f u a n t a M f i M " shall have the meaning set forth in Section Shail haVe the meanin9 set forth in foreign and^ocal^law^ltatute ^ o r d i ^ federa1' state, code, license, permit authoriza??TM*131106' rule' regulation, order, judgment7decr4e i n i S e ? ? TM ' aPProval, consent, agreement with iny t# r e q u i r w n t or interpretation thereof i e f ? L ? ntitZKand,any iudicial relating to <x) t h e ^ n the closin9 Date of the environment, (including r restration water vapor, surface water w^th?ut limitation, air, supply, surface land, sibs4rficriander4ifSinJci3g Wfter or any other natural resource) or EJ? * and animal life the use, storage recvei i ' F ^ the exposure to, or transportation^aprooesaino9,hanrt?f,,enti 2n?r" ion, ' Release or disposal of H a z a r d o u s , labelin9 , production. Environmental Law i n c L d S f f i T 68* The ter Comprehensive Environmental Liability Act of l i a o t ^ e 1116 federal , Compensation and Reauthorization Act8 fs a r a ? Control Act of 1 9 7 2 Amendments and Federal Water Pollution Clean Water Act, the federal^esoure11^ ^ Act' the federal Recovery Act of 1976 fincludiSo thf S.Cn5erVation and Waste Amendment thereto) Hazardous and Solid and the federal Toxic Suhstan^ federal Solid Waste Disposal Insecticide, ^ g i i i L ^ f S d e ^ ? S ? d ri *ct' the fade?al effect on the Cllsino Datf 2 1Cide Act, each as in anything in taijSjESlJSil'. H?ever' notwithstanding Laws" shall not include "Environmental liability; and (ii) laSs aid ^ ?eiating to product health or safety i n c l u d i n g S i L w ^ l i S i t a t i S ^ i " ? huaan state Occupational Safety and Haan-i iSa5in# federal and Health Acts Security Act^of^1974*nL ^ e n d e d ? Y8e Retirement Income Minerals d e ^ S S I l ^ ^ ^ g ^ g ^ ^ ^ l ^ n d u s t r i a l --3-- CAMC-Logiudice-003825 REDACTED DOCUMENT Section 5.8".es Property shall have the meaning set forth in set forth forth in Section^s^s. Bha11 have the l i n g sh H have the meaning set property se^forth^on^Annex pt9PsiTty" shall mean the a n any T W tfrllrtl- classified as hazardous? toiio or ^ t e d or Environmental Law. whether hv *-wmrad*i?aCrt*ve Vnder any anv suhfitanro j_ j ^ 01^ ty <iumtity, including Hazardouss^stance^includes,Without ^imitatio* " * lmprovementsSAot?of 1 S7 6 ? ^ e."a^ : dcett~Rodln Antitrust i ^ = ^ 3 nS ^ i S E i a f E 2 * ^ ^ xt5 ^ * S E5 S * S this to the part* indemnified pursuant meaning set^ o ^ i r s I c u g r i i l T s ? *^ " Bha11 have the Knowledge" f r ^ f f afj^|j?^1fE"B^*ns tta actual or "Other Huffman, j .d. Lessner w t Bey1' R*J* Buttner, D.E. or B.R. Wright. ' *J * Lorang# L *J * Verfcest, p.c. Wolf in section's?^ pr9pPrty" sha11 hav the meaning set forth Section 5.y W -a" Shail haV aeanin9 set forth in the CompaniQ?w means all e?eren=eeia?Sn=eba ! e ? ? nS f **" COTpani" TM r d e d -4- the CAMC-Logiudice-003826 REDACTED DOCUMENT Section 11.3 ? ^ " Sha11 have the meaning set forth in forth in Sectlon^sTsf226^ ^ shall have the meaning set is not a Represented Employee!5^^ P" eans any Employee who in the Preamble? CoW ,anl*2 shall have the meaning set forth have been ag^ i r e d b j T informatio which should R.D. Baker, f 7f . Beyl R ? Person ln Position of Lessner, M.J. Lirang7L j V e r S ! ? ^ 2*E * HuffmaiW J.D. and having his resp!itive'tooldl Wolf or B `R * Wright deemed to include therepresent ation=fSJCtS (which shall be given by Seller to Buver in n and warranties to be have caused such reasonable S i s TM 9?6" ? 0 ^which should which enquiries would have p ^ i d e d ' L S f forth in S e S fg^5?8.FYrPp1'i0I1" 8hail have lining set partnershipf^trust or^nincorno^^^S1 ' corPoration, government^ or any agency or Se?eof. 5 .1 4 . "Elan" shall have the meaning set forth in Section forth in Section*!?!! Pr<?r>Priy" shall have the meaning set on or prior^to"*the?cloK?n^ H'1? "ans any Tax Perid ending any Tax period that i s % S 4 r ? r e - c i o B i ^ 1|lriId!eri0d" meaning setP fIrthigg1IectignP?.a!i,1'fl'""nt* Sl" U hava tha in section"fT 1TM 51* Pri^ " sha11 the meaning set forth in Section fft? ^ro^lPT*1'YM shall have the meaning set forth balance shlft^ t h l ^ ~bined Of March 31, 1992 included in the F^anoiia?Pl?Steen?s" S " -5- CAMC-Logiudice-003827 REDACTED DOCUMENT 9601(22) Ele?se has the same definition as in 42 U.s.c. member of bargaining agreement. P Y ny Employee who is a overed by a collective declarations, information returns11" 1!' reports' estimates, nature with r e s p e c ^ o ?axes statf^ n t s of any ' consolidated federal income tax r e t u i i ' ^ ^ 0^ limitation, required to be f i l e dwithrSnSt-*? taX rePorts respective income, propSties 0p e r S i o S ? P" ieS " tteir forth in Section^ll?!?^1^"" shall have the meaning set (as defined^in^Section^soifa^of^the r"X ""f f ^ a t e d group i e limitations oontainel ii ertim ***** *> to seller ,or another s S c M e l meaning set forth in^SectionSfl!*n'?s" 811811 have the Preamble. nSSaEsa" 8ha11 have the meaning set forth in the oran individufi?SiniChich"ano?ii,fflean any Person (other than Of record, securities avhKperaon owns' beneficially or fifty percent (50%) or m o r e ^ f ^ h f interest representing equity interest in such Person.^ aggregate voting power or or foreign S ^ o m " g S ^ r e M i S t s ^ L f f i t * '"1 ' State' looal addition^to^such K 5 aitie8 or additions!. hnt ln r?sPeot of such added, transfer and similar taxes i ^ ^ 1- 18 ' use' value the consummation of the transaet?rti!P in connection with Agreement. ransactions contemplated by this meaning set^iort^in^Section^?^? sha11 have the -6- CAMC-Logiudice-003828 REDACTED DOCUMENT ARTICLE 2 SALE AND PURCHASE op subject teethe cfSditiSSs^ciStSiSd terms and and transfer to Buyer, Sr cause thf f ein,.*Sfller w i u sel1 Buyer of, and Buyer will purchase*^ le an? transfer to Closing, the Shares. Pur<=hase and accept, at the consideration *of ^the^ale^and^tr*^ 2.1, Buyer hereby agrees to oav tS^Sipursuant to Section of (the "Purchase Prinoii) ^ P j ^ ^ S e l i e r purchase price as provided in Section 3 . by wire transfer ARTICLE 3 CLOS INC ftfjp TERMTM^TT1?]^ provided for^erein^(the "SSsiiSHfn g .?i the transactions offices of Sullivan & cSomSJf? York, New York at lo.-oo S a * ? " placa at the street, New provided all conditions set'fiJ+S * on June 30 ' satisfied or, if on s 5 ! h ^ f o r t h " Articles 7 and 8 are satisfied, on the fifth businUC5 conditions are not satisfaction of all eond???i"eSS day folz<>wing the (other than the conditions snee??? 5ftk in Articles 7 and 8 which shall be s a t i s f i e d a t ^ t h e ^ o f n,Section 7 *6 and 8 . 6 , ftiiafacefi"a)n.d place as BuYyerr aannad SSeelllleerr sshb?a?lil 'agrreeat (Stuhech"Coltohseirng = "- s r s r J sa; s * S S f e - and offioers^of c h r o m a TM ?f aC of * directors specify to S e l l e ^ i o ^ l S i n " B W " y s s s r J ^ aj'ss'~ S . S S V - -- -7- CAMC-Logiudice-003829 REDACTED DOCUMENT documents e^ire" ' J S S T "* * " the following: At thS Closin9' Buyer will deliver to Seller iaunediatel^available^unds transfer in following account: d ln U *s * dollars to the Pittsburgh Np&i0nal BanIc (PNB) any ier Credit: Cyprus Mines Corporation S e l l e r s h A ? i nob be deemed consummated until f r o p n b * documents w q i i r ^ b y 0I r t i e l e T h f r ? S 0ther Agreement other^tha^iS1this contained in this notwithstanding,^ ? s A a r e L n r i0\ 3*! toJthe <=ntrary time prior to the Closing: "ay be terminate<* at any ( a ) by mutual consent of Buyer and Seller? transaction' c a r t ^ S S ^ " i" ' if >* upon in writing by th^ p a ? e f h e ^ o ) f " " y be asreed material respectyanyyof 'its rnsenttobreaCl' in any obligation. bareundL and al geaSes ^ " " " ties or constitute a material adve r t in the aggregate undisclosed material liahii-t* cbange, or unanticipated and Which would " n ^ ^ n L I r ^ S t ^ \ ?uy" S n ^ r e f " ?! L T ^ t r ^ 8UOh ' ^ l ^ t ^ v e Seller shall nt h" e priidedPasonL=i f by BUyer and such breach will be cured in all assurance that before the Closing Date. &11 material respects on or material respect^nv1^?rihf>-BUyer sha1} breach in any obligations hereunder and suci^breaeh^h??' WJr5anties or cured in all material re" y,,ot -8- CAMC-Logiudice-003830 REDACTED DOCUMENT Agreement pursuan t * ^ thil^iS?!?1<?? ` tTermination of this provisions of this A g r e e i e n ^ f 1 l sha11 terminate all last sentence of Section 7 Section 3.4, the 1 2 . 1 1 shall survive anv^uAh ! a?d Sectior.3 1 2 .2 , 12.3 and that termination o a n u L ? ? ^ natlon; B B 22ldsd, howaver not relieve the defaui??L Sections 3.3(c) or (e) shall any 1fability to the other parti^h??9 party hereunder from default or breach hereunrio^i y hsreto resulting from the party occurring prior to the breachin* ARTICLE 4 PREoi?INARY AND FINAL c l o s i n g ---STATEMENTS; A n ^ g T ptENTts cpitalggf^ g i g ^ : _ ;he.parties intend that 4.2 below, shall be ^ M f l l | j j | s > m defined in Section the procedure set 5 bbe Closing. Using the amount and manner by which eiipartAes sbaH determine U | l S i 8 T cy in working caStal o r . ? 1^ 1 pay Buyer for or by which Ruvnr _r,_.. ^ Companies below **^^^Working Capital of -th?? pay.Seller for a m as of the Closing. P 1 of Companies o v e r ----- 1 reasonably possible a t S T t h l clnqr< . (a) As soon as within sixty (60) da?s t L 2 ! * ? losin* Date bt in any event deliver to Seller Buyer sb*ll prepare and the Companies derived from ate0fH?1DbinGd Working Capital of companies and the EuropeaS S o TM ? ? * balance ***** ? S t h 2 Preliminary cios-in^ !S? ? J "pfni?* a? f the Closing (the sliall tor all pSrposli J ^ l *09 Ca" ita1 nf til? the context requires, the^ifferpnnf A^reement mean, as Assets and total Current Liahfff?? bat?een total Current the European Companiesrefllrtid^^thf ? ! Companies and Sheet, the Preliminary Closing qh!? t h e Reference Balance Closing Statement. A r r a n t L f ? ? ? ! ?r pinal Agreement mean, as the enr,av?a^ 5olr aii Purposes on deposit with banks and o ? ! r ! ? ? Xt% rfqY ires' cash, money securities (excluding the s S e k ^ na^cial institutions, 7 accounts receivable from cI!r?2 L f itS subsi<*iaries), applies, and prepaid S f ^ -9- uibS?^^ CAMC-Logiudice-003831 REDACTED DOCUMENT Signs s federal income sr tSes ^Sgvlsu?sh?erthanliabili5t"y debt' for at Closing shall be x c l u L S Jrent assets retained by Seller Companies. Any current liabiff?" Workln9 Capital of the seller at Closing sSa?l ^ the Companies, current Assets ??*? stained by JJorJing Capital of be recorded consistent with th* if Current Liabilities shall Seller shall assist Suye a ^ L o ^ S 1"9 m the preparation ot such statement rS9uested bV Buyer, th"ai clos*n9 Statement 1shalybe1prGDarertaa M n t and the the Accounting Principles applied*TM*^ S L accrdance with that applied in preparing the consistent with the determination of Workino c * ? ? f nCt alance Sheet, in finished product aSd c ^ S e l a c ^ v e n f L ? 6 C?mpanies' in accordance with Seller's norm*? S sha11 be valued procedures and such valuatio i1 fn0ry valuation adjustment. valuation shall not be subject to representatives,^^reasonaMv6 available to Buyer and its books, records and otff S ly ***" **> by Buyer, all businesses of t S ^ C o ^ i ^ S e d ?ertaini"9 to the Buyer in preparing thl P r e l i m ^ a S S S F & S g * 1* by independent'orUtild p u b l i c * ^ TM * 8; ?eller and its Preliminary Closing statAmef+ cu"Jants aay review the Buyer relating to L e 2 o S . r f J h;eb001" of account of and nay make inquiry of the reDreSLi EUrP>n Companies accountants and Buyer. The Pre??f??tiati?s ?f Buyr 's shall be binding and c o n c l S s i v e ^ m i ^ ^ ? sing Statement by, Seller unless Seller s h n e*,1I*>0n' a?d deemed accepted writing within thirty1 (30) davs^r notifid BYr in Preliminary C l o s i n r L i t e L f ? ^ * ?ceipt of the Jtije under this Section 4 ?3 s h a l l ^ ^ S ? ? * 1?118 thereto. A detail the items in the Prelimin }fy in reasonable dispute?^ diSPUted' " d * aummary"ofCthe^reasons*fo r L u c h 0*1 request o f ^ i i h ^party* Iny^dis^utl"^ (a) At the relating to the PrelimiAarfyr?S?Ute between the parties be resolved by them witoi^thirtv"? TM ? * * "811* which cannot notice of any objections ?ays after receipt of Statement Pusuan? to section f 3 s S ^ S ^ Slosin9 Disputes Auditor for decisifS 4^m !5 J 1 r f d to the and binding on both p a r t i e s ^ i h f g & K g S g * S U f 1 -10- CAMC-Logiudice-003832 REDACTED DOCUMENT to its decision . Disputes Auditor for decision purJSnt Sfrrto.diSPUte t0 the Auditor, the1partieseshalirf i r L a matter to the Disputes followed by the Disoutes ?? Pfoc?dures to be partiespresentation of evidence) i/the agree upon procedurel befori procedures for are to after receipt o? n o W c e o? a n ^ h ^ l ? ***** <30> ^ y s Section 4.3, the DispStesAnSL ^ 3 PuTM a n t to giving due regard to the i S t e i t ^ n ^ t h ? 8* ^ 811 Procedures disputes as quickly efficien?iin 2f .the Parties to resolve possible; thrSispStes ISditowi ~ *TM****-VlY as not be, those proposed by eithe? l l ^ ^ * * * be' but need procedure shall require the ^ provided, that such decision within t h i ^ f ^ render * * dispute to the Disputes Auditor^f~ Brral f hereto. The parties shall 2U.r*?eci810n Pursuant submit evidence in accordance S i x t h s n L c S ti0al>le' upon or established by the Disoutl iA?f d 5s a9roed Disputes Auditor shall ?.Auditor' an<J the therewith as promptly as D M c t ^ ? 1^ TM * in aocrdance Disputes Auditor I S ? and U t f S ?A *5* fe\ ? f the such decision shall be borne by tie p i r ^ s ^ a l l y f become final ^and^bindin^or^both1^ ^ ^ Statement shall of <i) if no such notice has b S n Pi3leS S:on the earliest the period within which Seller*8!? giVf^l **** expiration of objections thereto p u r s u f ? ? otifY Buyer of any in writing by Seller and Buver* fi!Ci*on 4 *3' (ii) agreement Statement, together with anv 2 d ? sJ?h Preliminary Closing Seller and Buyer, shall^e f i n a l ^ i S ^ ^ S ? thereto agreed by date on which thi Disputes A u S ? J b i d i n g and (iii) the with respect to any dispute Closing Statement The 1S8Ue its decision t o .such Preliminary ofadjusted PursSISrto any |arSeSe2 ? 8ing ?iate"nt, 2 pursuant to the decision bebween parties or and binding on both parties is here?!?^ *uditr ' when final "final dosiTirr ^ . ^ j f t 33' is harein referred to as the Closing S t l i L s ^ h f ^ f b . c ^ S L ? 1i i PrellminarY and Buyer pursuant to Section? ! w ? d binding on Seller otchcaunr;the fifth busirSss yy ?thnerMeafrtter, tIhhe2 Vf?ol?lonwti,nlgatsahrall ref -...n u ,, -11- " CAMC-Logiudice-003833 REDACTED DOCUMENT Seller not less than three of such payment, an amount business equal to days such prior to excess, the date I S S f H ! ? ' avlnlble ?iiidr i 0t?hf ^ r ' bi " ir? t^nsfer in Buyer not less than the account designated by such payment, an amount equal" r i u o h ^ e f i o i t .t0 " " date of provision of this AgreementTo^h JJ^J^thstanding any other m ^ A g ^ e S , tncludingPwith0utdiimitatiOTiarA ^ i o l e iii,0f EEERSSmATTOWS BNP WffimmiW OF sbt.t.e p >n ,T r pm and severaf?" " oaS y2 PS I t T ePreSent Snd warrant- jointly s s i S M o? r " M r - o r r V S S E 1 ? S - <S 5 S S S ,i & 2 f - in respective obligations h w e u n d e l ^ E a c h ^ ? 22 Prform,their qualified to do business in E* 2< ^ Co"Panies is nature or Its business r e a i ^ h i2Ui1S? ictlon in which the where failure to be so ouaiHti,*^ f ^ a ^ ^ o d except adverse effect on the asset uf nt have a material condition result 25 assets, businesses, financial Company. *The e x e c u t i o n * ^ ^ 0?? r prosPects of such the consummation of the transactT^ Agreement and have been duly L t o o S z e d lyIll ?2L?2?2emplated herefay on the part of seller and i re<JU12ie corporate action bceoennstdiutlutyesextehceutveadi and delivered^.?** sSeelllleerr aanndd *C?y^pr1*ushaand, Seller end c ^ r u a lid' binding ani enforceable obligation of as provided*in H h e d u L ^ ^ IT ^ of the Compani esis^subject *toor -12- ftgrefmont Except CAMC-Logiudice-003834 REDACTED DOCUMENT judicial o ^ k i K t i v ^ dieciisSio:n,16' ^ t i o n or incorporation^ora>y*-iawsleS r certificates of deed of trust lease de?d t0 secure debt, bond, indenture, oth4r i ^ s t r ^ e ^ lderS' ^^reement, license, permit trul ? ^ nt * agreement, restriction, or* ' Ustianship or other or decree of anv^ourt**9611^' rder' writ, injunction administrative agency r9a r b TM a ? o ? t ****' woSd'be1" S as ^result"of \ ^ there Person under any material contract or**? onsent f any of the Companies or anv of i f f ! ? / agreement to which any which consent has o? bee b?aief 'T * 0?8 is a pa*ty, ny execution, delivery and n2r o TM #,.required for the Agreement and the t r a n s a I t i TM S " e S l ! ? ^ . ? L ^ iS each of the Companies are s f c r t f ?2dinf " P ita" * ! * of the issued and outstand-ini!u forttl in Schedule 5.3. All of of the Companies are duly9authori.a capi^al stock of each paid and nonassessable ycS!.rized'J.valldly issued, fully 5.3, there are no " tandiaPL ? et forth ip Schedule * rights of any kind to a c m i ? I .SSi.?*"?1* ? or other capital stock of any of the r a"y additional shares of convertible into or eSchaSoefS?a;ies or se^rities confer on the holder thSrllf aI l^rU Which otherwise additional shares, nor i any Sf S i a?quir*' an* 8U^h issue any such option, warrant?^r^ht I?P^ i ? ""ltted to heneficialiy^y^sliie^63 ! ? ? ^ 0 of reoord and the Shares, free Ind ciear f restrictions, encumbrances Valid title to liens' claims, iMnsaafflfa2aiisrt) and good and vIidYti?erIstv,or options free and clear of any and ItT i<* title to the Shares, Buyer on the Clo s i n g ^ ? . 1L S l ? i ranCJS-Wi11 pass to S.3, Newco owns all shares of eaS-i-i-0? sf^ forth on Schedule companies, free and " * th" Schedule the^comMnl.*0 ^ " 8et forth in Companies has, directly or ild?* Iir **" European iy or indirectly, any equity interest 13- CAMC-Logiudice-003835 REDACTED DOCUMENT in any other corporation, other entity. joint venture, partnership or furnished Buyer^th^opie^of^the^followin17 f iie?'etofore and the European C o ^ a n i L S ^ D e c - m f for the Companies March 31, i992, and (U) L ^ i ? L D?einber 31' 1991 a*d as of statements of cash flow (or^if financial position) for the'vefr Statements and chan9s in and the period ended March 31 i99??fu2hC? n?er 31' 1991' income statements and statemeAts fsuJJh balance sheets and applicable, changes in SAaSciaf ?low (or' if the comments thereto beiner ~i?7 p ?fltion)* together with attached hereto as Annex A To v 1 ?tatements are .M ?oial S t a t a o a o t T h a v e ' e . * p S L i ? * ige J Saller- the the Accounting Principles as in conformity with consistent basis throughout t h ? le^ $y th Co"Panies on a statements and the accISntini lrin^?.COVer!dIb>' su<= Pisusedinpreparation of the Financia?9^ ^ the accounting principles Ssed bfsliieT*ar% Cnsistnt with time to time in the preparation of ?ii6L and amended from for the years 1969, i$5P ^ 1991f ina2cia} Btatements Seller, except as disclosed in -* t^le Ktowledge of or in schedule 5.5, as of March6?? Rsference Balance Sheet aancytuaofl tohre cCoonmtpianngieenst wdeSlhs iiSb?c^*--h " ob*liW^aetrieonnso of asthe Reference Balance Sheet oi-6TM 9^ 6** to be disolosed on Accounting Principles !Jn note hereto by the otbheligCiaotsiionngs, ofanaynvcoonftingentd eBb"L ^,lliidaLbiilii?t?ies111or nor as of be disclosed on the Final C l o s i n g Yhich were required to thereto by the Accounting pin?niBalance Sheet or any note Companies. a n t i n g Principles as applied by the Knowledge of S e l l l f gfXcpf Pr To the specifically r e q u i r e d t S e L ? e L f n f ? rtn Schedule 5.6, or transactions contemplated bv 1 to consummate the 31, 1991, the Companies h a w 9f a^ i since December the ordinary and usual course a n t t h f r f b * * businesss in ofany change or amendment to thA A2f,Jrbere._has not teen (i) organizational a g r S m S n t f a n t o f A 5y"lawf or thAr issuance or .sale of anv sharar y*f h? Companies, (ii) any the Companies, or option t, oapital stock of any of kind to acquire any such s h a w antS r ^br rights of any into or securities exoham-r 2f? or securities convertible confer on t h T S S j ^ S S K ^ ^ ' rhioh t h e m =?a^ ' f " e|o!n| -14- CAMC-Logiudice-003836 REDACTED DOCUMENT anfyt^ a CgT " Le^ ^ ? : f or o S 1cda1uaitriti0n 7'3 <b>' d-) Adverse Effect, (V ) an^increas^in??*9*' has a Material or to become payable by a n v fv,in,,the compensation payable boofnfuisc,ersi,nsudriarneccet,o rpseon^seimonp l o y e e s * 16^0^n^y 11l^n68creaseanyin afnyits p a r e n t or a r r a n g e d ? S ^ e bfSilv with any such officers, direcniy,,2f th? ComPanies for or the ordinary course of businoerS r employees, except in practice () anj laSor SfsSule With past matters, (vii) aJy transact?TM ?th ttan routine labor on the one hand and any of s e i i ^ ??n any of ^ Companies Affiliates (other than tSf o11 ri or any of their other than transactions^ the^oidfn* n t5e other band, business, (viii) any 2cq2Lf?ioS or t ^ an^ ? SUal cou*s of businesses or assets disposition of business, (ix) any increased ordina*y course of inventory in anticipation n* ??diCtlon i` Purchase of by this Agreement, (x) anv iner#atransaCtions contemplated accounts receivable or aeirtnrase or decrease in the anvanticipation of the t r a n s a c t i o n s ^ ^ 1 *** CoaPanies in Agreement or (xi) ni-v1-.tl0nSi.con*:einp*abed by this any character which, s i S ^ S ^ "in t h ^ 3"3 f conditin of is reasonably likely to ha?e aW e g a t e , has had or operations'o r ^ t ^ t h e ^ x t e n t 11^ ^ * ^ " ^ ^ seuer, priepecS? 5 * 3 2 S S p I S S ^ f a ^ ? * iiSIlS* To the yn"wlrr1ac Pr<?PSrties 7 Absent^ ,,j? Schedule 5.7, e a c h o ? t h e C o m n i i ? f : *Xcept as Set forth on to, or valid and subsisting leasehold8 9S? and valid title interests in, all of its^personawii** L ? ther Psessory reflected on the Referent S ? ? 1 prperties aad assets property and assets disDosediinC? sheet (except for Reference Balance Sheet? QA f Jince the date of the Reference Balance Sheet and 2 TM f r5 ince the date of the Principles to Company, free be and recoS clear anf-eo n AfCountin9 balance sheets of such Encumbrances whioh individuall^ncumPraTM=es, except for exceed ' lnalvidoally or in the aggregate, do not 5-8 Rm I Property Mat<-.rn. To A b n . rf Tl1-np and valid fee limple title'i ^ a n d 0???^8 (i) OWn good properties more particularly id2nt??iSS certain ral Schedule 5.8 (the " F e e p i ^ L i i n ^ i 1*? by .Parcel on ny and all =ncuab r S l r f I^ ^ ^ f^ s" i d S ? S i S TM B -15- CAMC-Logiudice-003837 REDACTED DOCUMENT Permitted Exceptions on Schedule 5.8 fthe tigcertain,jn(iii inh900d and valid fee si^ e ^ t i t le m ^ e SrtcSarv t0 crtain Deeds 5'8 i i f h l r v a x S a S edUle real S S S r i S T S p a r t i ^ i ^ a e S t S ^ ertain on Schedule 5.8 (the "Sae o i L i ? " ifled by Parcel each case, to a alia S | a^ b S f S iisIUrsUant' in s^ ^ -ss& ss?" S S S t S sS ^ ^ ^ * "- Property, the Mineral P r o p I r t y ^ S e ^ a L d h* ^ eexxcceeoptt aass seit forth on ScheTodultehesKnaow+l.ed,*ge- jof SeeAl,lieerci s p e c ifica lly ^ th a t s i r * !? wh"" S i # S 'J s r a j : * unrecoverablefreViOI^Slir i - l S e f S i c ^ e S ^ f ' "hiCh S S - s r a r x m s -, has " ade I f on" o?nt t I " M l i ; s r0in . the P" es>,ion r control d ir e c tly relatina^ to^ thi SPf eL f any doc" ents ^ V x nwithouyi:tIatt I n ? c ^ e r c a aPS P:S|y;1in? l ^ ng' is s ; s j ^ . tS ^ o u , " p o ^ ^ x I S d i W VirT ental S?uaie" ' ^ I SndU n S itemsScone E S S t? S l ^ r i S I ^ o p f ^ r ^ ^ s ^ i i i s W B ^ ? . a TM i?ems s oe . & f f i S S S S ' S S f e * * "' interest (wh.Ie indicatS) to S i Sneral rights located on the Real ProDertv and m ,,k nfai s?S-r a i r j s ^ ^ s ^ M ^ S -16- CAMC-Logiudice-003838 REDACTED DOCUMENT Schedule 5.8, the activities conducted by anv of tv, Companies and the improvements located on the Real11 Property are m all material resDects with-in vh S3 Eeal 'S y S S t in cthers1cn?o the R ? r^ r ? y . material " * * * . * Seller thi^i To the Knowledge of any portion thereof e*is*_ iu s r Kseai Piroperty or S S e S p L m Prceeding or t a k i n g S t a u u S T i , except ae se? S ? ra%" cdS L;1! , * S S f a i giS-SE-HE ?* s& " W tS fflS M B S K S S 5 *ny governmental entity, common law and asfisss: S fT^eller' a11 material governmental approvals ateiiil ? H p e " s. rt " e bein9 oonPlid with in all Schedule *1 3'1, . S E51? S S ' () To tile Knowledge of Seller, m sS S sS S S S S S S S S i -17- CAMC-Logiudice-003839 REDACTED DOCUMENT excess of p^ nt receipt of in services or delivery or receipt^f^oSdl o r .receiPt f y i f l i eain y1 " ^gregaifvaiur ? n e e Ssao?rialS' .onn 'agreemen?!' distSlS i inii?d to- sale and indebtedness *of a n / p ^ s o n ^ ^ SPeCt of JJ^nvolveorfiustu*reTMpayment bDy^a comTMpaainyJ viVn mepxacneys)s wohfich collateral arrangement9slcirinaUi i d L ? g5eement or other Person (other than a c a S ^ r 9 indebtedness of any on properties and a s s e t s ^ / i S S m p a n y ; ^ 9 EncUffibrances rental payments bySaaconoanvP^Viding for monthly (exclusiv^of chafes ?S?a? L in 6XCeSS of maintenance and repairf? taxeSf insurance, utilities, or is a S a r g ^ ^ % n*rTM = ultin9 contract (V) is a technology license agreement? provision ^ r o ^ I o ^ o ? or any of S S Z 5 S S W 3 S W * * , a n y , , (viii) is not an arm's-length agreement! or i S i S ' S ' S y f S S P S 't i ' S u . material d i f i u i r b ? a n f TM f Seller' tt#re ls *> any contract or agreement set L i + h " 17 2th* Party, under 5.11. greement set forth or described in Schedule Dillon Read` J ^ r T ? iilr1"B* **cept for employed any broker finder- nor any Company has connection with the*tran!^ a<*vlsor intermediary in Agreement which m l f J e S i J i e d ^ T 1^ by t^ s tt"1c s S a or " ereo!n * -18- CAMC-Logiudice-003840 REDACTED DOCUMENT Schedule 5.13, (l^ i i H e S m s are required to have been f i l L XOept as forth in res?ect to Taxes that Seller^ Group prior to the date ^ / t h i * ? respect to the including any of the this Agreement, all Taxes shown t o ^ e duS cm theh2I! be<m dul^ filedf (ii) clause (i) or in assessments S S e i J S f h re?errad to in been paid in full, m u the eeive<3 have in either case (i) have been examined b y ^ h e i n t e i L r l 6" ^ t0 in clause the appropriate state, local nr.*!?**1 Rfveue Service or the period for as s e s s m e n t ^ ?Lf2 lgn,taxin9 authority or such Returns w e ^ r ^ S i ^ e d ^ o ^ flilt i" re^ Ct of wh^ r deficiencies asserted or assessSenti expired, (iv) all such examinations have bee2 2aid Ys a result of have been raised by the relevant i? full, (V ) no issues that connection with the exanH nJ2Yant taxing authority in referred to in c u 2 s f m ^ r e ^ u r L ^ f Ret u m s waivers of statutes of limitatioi h*2iyKPendi?g ' (vi) no requested by or with reiniiJ* have been given or ?J?UP r any of the Companies*(vii\T ^ S f **** Seller's adjustments required hv -17' 'Y11* there are no carryover itacE that Sould affect8ihf<the Co<Se or sinllar of any of the Companies for " 1 2 S ? / ? ? 0!"6 tax liability Closing Date, and ivi-m a tax year that ends after the proposed by the Interaai Severn3,8?"6" ^ have bean 5 or state, local or foreign ?frvice r the appropriate of the Returns referred to in^c??*11017/by with respect to any way affect the liabi" V l 0" T?ia"sa <*> 4 = * TM>uld in an OaLany taXabl6 Vear o / p e r L S * ^ , " ^ S i g S S j " section 14i5>ofNthIacodI b? withheld Pursant to contemplated by this Agreement! 1 transf6r Shares, n e i t h e r ^ u y e r ^ I ^ a w p?rchase of the make a payment to an individual thI2y wlJi b* bligated to payment" to a "disauaH-Fia/* would he a "parachute defined in Section^soG ofdthdrVidUal? as those terms are whether such payment is services performed or to be without re9 d to 5al4` Employa* B e n e f ^ y arrangements haviig a^en^fit vai22 ' contracts or value termsfdeterSined annum), 22ina L dJ?iscoeuxcnetedriantge, ofin8p-1r/e2s%enpter s k S sI k ?`r . v s ^ -Employees), including, but S S 5 t 2 to? S S g g (tha -19- CAMC-Logiudice-003841 REDACTED DOCUMENT 5P la s '! th e m eaning o f S e c tio n 3 / 3 l o f ERTqa 5t r i ; ! n f d * i " r e d c o m p e n s a t iln ( t h e e n e f i t P l l n s " ? a ! ! B e n l S t ^ l f n S ? " 1? : 1 4 ' T ru e *" c o m p le te c o p i S i f ssr thereto ItTi.lTZZ S S l S T g ^ ^ ' A *"" * :??^?rtheem : f ^ b i e S S v " u:Ye" ^ " 4ra^ ansu u 'e S S S ^ t h T 'S K i S f r rable O^erminatiSn lei?ir?for letter, from the ?2S22, | a reguest for a determinatiin - a r e o f ^ n y S ^ S S S / S K S S ' S & t ' S i S S , 1" n0t 22S T S S i S i S i " ys e i S r faS e ? blf deteral"atin " S S * " o th reaten ed litig a tio r ^ r e la tin a l l " i * r la l P a c in g o r transaction vit" re4PS ? ?o"SSy ?!ji*Sa20t e"ga?ad in a taxable period of such t r a n s a ^ E i 2 t^ati asstunlng the hereof, could subiect tEf ^ ti?" e2?ired as of the date liability under ^Subtitle has theSsinSLrrentiy - ` - - ^ eo a i n ? a ! L r b i iaSy4o?1^ 1'1S>r0f m e M p i o ^ r S i i h ^ n S 1?" f any entlty hioh is considered 2 s " or . - ^ ^ f S . a s S S s 3 fi?- Affiliate?8 ToWtheh{cr b?SJd n contributions of an ERISA il ^ i n g ronyth:yda?eSherefofU a t e W i t M n " 12~ pS K T -20- CAMC-Logiudice-003842 REDACTED DOCUMENT contributions r ^ i r e d ^ b e ^ ^ 6''*9; of Seller, ail Benefit Plan h e v ^ b e S t L e l y a a d e N e i ^ ' teras of y Plan nor any single-employernlan ^ N 3??r any Pension a - ^ ? CCiaulated funding deficieS2vfiS L ? ? ISA Affiliate has Wtin the Bleaning of Section 412*^ % etSe5 r not waived) of ERISA and no ERISA Affil i*-- t, bbe Code or Section 302 waiver. To the outstanding funding sane -S" " -- -- . : ; k n f t r c . r 1:; & & " * previously d i s c l o M d ^ n ^ r i S m ^ V V 511*' " " I* as Pension Plan which is a sinni2g to,the BuVer/ under each day of the most of ' last hereof, the actuariallv ended prior to the date "benefit liabilities" withi^th* preaent value f all 4001(a) (16) of ERISA (as ling of Section actuarial assumptions clntainSJ1? ^ 11 *?* basis of actuarial valuation) did in V le plan's "st recent of the assets of sSch Plfn a n d ^ f *?* then i t value Jange in the financial c S A d m o ^ o f eSnnh 5?" n? "atarial last day of the most recent niJ! f h Plan since the Seller, the withdrawal li^ifijS 7 " Knowledge of Benefit Plan which is a nultiinniTM Companies under each Companies or an ERISA AffiiiiJJPi y plan to wh*ch the seesx s:si had occurred as of the d a t e ^ w e S ? , ^ o e ^ n o t ' e r c e e d * p ^ Companies have io1ibliSaSonS"?!!ied9e.of S e Uar- the l1*6 benefits under any Benefit PlanStoretifee health and Schedule 5.14. To the KnoS?.daP1i i f*cPt as set forth on restrictions on the rigSs S.i SU ?r' re o terminate any such Benefit piai1>^ Conpanis to a*Id or medical plan oovering Active ^ ? any ? retirement liability thereunder Employees without incurring anv in the P l a T ^ arlsiAg inder f co??i f r i c t i o n s s e i f l r S ? agreement. g und r a collective bargaining Of Seller,5the`Companies Siff without payment of anv ^ave 7> Knowledge eights to use. applications, trademarks t?id^arii' p?tentsf patent rks, trade names, copykqhts M L ^ P iiio?s ' service are necessary for use in Cen?es and rights which the Companies (collectively the^irX^Vi t?G businesses of Biahta"). The IntellectualProper^ tR i a h S ^ o L PI9CnTty Companies are described on Scheduled i?h! i"ed by the knowledg9e oorf Sseelxliee-rr, the ,,usecnaenadTireeg5i*s1t5rhaetrieotno.of tThoethe -21- CAMC-Logiudice-003843 REDACTED DOCUMENT PrPerty Rights do not conflict with the intellectual property rights of any other person, firm or corporation and no other person's, firm's or corporation's operations conflict with the use and registratiS of thS al Pr?Perty Rights. To the Knowledge of Seller Jire are n? *u;fts pending or threatened by any of the ' Companies claiming a conflict by such Company with anv intellectual property rights of third parties or a SSrfiirt by any third party claiming a conflict by such third partv with any of the Intellectual Property Rights. Py this / l 1! *. Ehvir<?npenta1 Hatter?. For the purpose of ? ^*16 and exPressly not for the purpose of +iii10n 11*3 .herfof/ "Predecessors" shall mean the companies pe?ted Seller's talc business immediately prio/to 516? NeWC* EXCept as set forth on Schedule^0 r i t L faCl\ ?f the Companis has obtained all material permits, licenses and other such authorizations required to be obtained by it for the operation of its business under all applicable Environmental Laws. .Each of the Companies is, and each of the Companies and its Predecessors has been, in material compliance with all applicable Environmental Laws. (o) None of Seller, any Company or anv of their* d u S n a the ^ deC<fSSors have received any written notice during the last six years of any material violation of anv by the Cofflpai*ies or their respective Y Predecessors, and there are no civil, criminal or administrative actions, suits, hearings, proceedings, 20ti?eS of violations, claims or demands pending or o? iith f Seller' threatened against any Company' with respect to any property owned or previously owned bv N o L C??P?hi its Predecessor under any Environmental L a w / a?tualfoiht h i ? ^ i^SDh?S received any written notice of any threatened Release of any Hazardous Substance in Y violation of any Environmental Law. (d) None of the Companies or any of its nonfe5S?hfSnhaVe ?ene?ated' transported, or disposed, and ? ** Sompanies 1S generating, transporting or disposing, of any Hazardous Substances to, in, upon, about in pfoperty /wherever situated, which have result4d i" lTM X?a igiying rise to any material claims, losses, damages ( m d u d m g consequential and other damages), liabilities, penalties, expenses, demands, fines, or cleanup or monitoring costs; under and as a result of a violation of any Environmental Law. -22- CAMC-Logiudice-003844 REDACTED DOCUMENT been involved i n ^ n y "^ ^ ! ^ 8 " d i other P t y has . Real Property Ir wa p a r S or Sa J??"'Jbout' or un<ier the Companies or any of its Predare ^ reo^ and none of in any activity in upon a h ^ SSOaS bave been involved previously owned & T Y property connection with the generation^ pJf(?ecessors/ in removal, storage, clean un a.'. use' ^Hdling, treatment, Hazardous Substances which'have r e l S t e d ^ n ^ R e i 1 f *"y - a i d % t S g e " ; u S S i t i ^ n i i ? ? ^ 1"9 " naa^ " t ? aa Property or any 'o f f tte Raal which equipment of tbe^CamnAnfoe^^r b^G s i t i n g to Buyer bade available t o ^ l r ^ r t T ^ t ^ S e r e S t " h L ArKnowledge ofJS e S ^ * b" n " a r v ^ r A . " " bas there evar to the under the Real Property aPeas an' uPn. about, or which should have been^nam^er parcel or portion thereof disposal facilities under^ha^fonf tr" tment, storage, or Recovery Act, "* seller, n o ^ r o S f ^ ^ ' ,,To " Knowledge of any of the Coipanies Shich is i,,bS?ii iff by r on bahalf of federal, state, local or foreign laS* tl0" f "*y applicable property a n d ^ s S f w ^ i r a ^ i 1 a?f0?!BPlate " pies of all insure each of the c L p a n i ^ K ^ " i E K 5,1.^ i = 22* - s s s r i s w ^ S * 1? ^ - tc. w ? ,, " d o T or encumbrance in tao^of's!?TM (without any right, title other than tnt " ye ibf interests relating to suih busiw^? ^ t h ^ r S s logos -23- CAMC-Logiudice-003845 REDACTED DOCUMENT S l e Ihe'S o S L i l L 0*08" 9 Date W l U be iciSt to Seller and arry out " " tal= business of end its Affiliatflt1 tes a presently "ducted by Seller purposes o ^ i sHi e r e a . e n L r rhnir21 55S ^ S S = S 5S (a) For the Sa S S S a s g a K S S ? title to all Mineral Sahta riTMSiS * ' h&S go?d and valid S^Si==jS^ T t*10 Knowledge of Seller, all Mineral the condition of o" ?ioh?s u n L i ^ rial adverae change in of ore reserves due ^ ooeraiioL ^ S '" ei?apt R a t i o n business, provide. hove?er? toa? i t ^ e s p e c " Urse cancellation of possessory interests eAi1 Ar and warrants that it has Seller only represents cancellation. n>t received any written notice of -- preiudice the win.,i ? adversely, would materially thereindlr "ineral Rl9hts r the rights enjoyed production payment, lien, charge, security inter? o r o t h -24- CAMC-Logiudice-003846 REDACTED DOCUMENT encumbrance, and no Company is obiirroH v, . prepayment under any contract^?2?? b V1fue of an^ such minerals or under anv fr the sale of any any of such minerals at ay JStS S angK * nt to Oliver Y dU* COUr" th " e r c e v i ,, ^ u ap ^ S a^ | S r ! r ** supplied to^Buyer r e l a S n g ^ o f f S<3ller' " r d s billing and'other^engineering^ataT*1' * * * * ^ . operations (c a r r i ^ PI u t f drawin9s showing mining data; and (lli) 0r reaerve estimates and production (iv) metallurgical test work, S ea r S a ? ^ i " C" ^ t^ toin " standards of the industry, written information^hich^ha1? tb* Knowledge of Seller, all representative of S e tS B u r o!1!" by Sellr Y Buyer, is true, complete 2 L l ?y representative of respects and there a w no fc in a11 " terial which render any such infoTmf' matters or circumstances in any materia^respec?formation inaccurate or misleading are of a quiLy^S^Ipiification^"11?371* f the ComPanies standards used by the L a ^ n S e * conforming to the usual 3&tSchedule 5.23, all invenSS? d *cept as forth on Reference Balance shoet in reficted on the Principles to realizable value on*? ?ith Accounting There are no talc ores incSdld ? n % ? 0l?g"Concern ba*is. Companies that can not m-n!d in the inventories of the the Companies existing product Specific**? confority with production methods. 9 P UCt specifications and existing To the Knowiedgegg?dseernfan * o ^ ^ ^ g f *h", r o ^ m M . the Companies, includino mach-iiLTM **!! phyical assets of reasonable operatina *nd a^ipment, are in conduct of tear excepted. ^ ir?d for the current the Companies, normal wear and Seiler, elf ~Ico^ g l ^ e i ^ i r Si ^ g^ 6 Knowledge of Europen Companies shown on the % 2 USL"&g and -25- CAMC-Logiudice-003847 REDACTED DOCUMENT clcSi n g = h o TM rineiLab^:cKsri^ nIhih;or^ " Jf and prior to . arise in the ordinary couise ofhu????? i rose and i n collectible, except to Ite extfn? I S?? *!?? are fully been established for such acromts r e c ? ^ ? s e r v e has with the Accounting Principles. * receivable ln -accordance on April if'lsaz^ l h e ^ S f a t e ^ f rSin Nawco was incorporated of incorporation, Newco h 2 no? aW3r?- Sinoe ita date other than activities contenoi any activity connection with the r e s t r u c t u r i n ^ o ? " ^ 1?0}'08?'1 t0 Buyer in Seller and its Affiliates. ^ business of Knowledge o i ^ e l i g ^ j g S i S & l u ? ! To the i C a ^ ^ l l j e R e J e r ^ a l a n c e Sheet0 ^ ^ " 861 S ^ S i 3 i f Chan9eS " tha ordinar^course^ofbusiness warranties^ those expressly set forth in this AgieeSeJ?! ** ARTICLE 6 .PfiEgpNTATlOWS and warrant ies of WTiyfo Buyer represents and warrants to Seller that: is a Delaware cSS S r a t l o ^ w i S ? ? ? P ritY & Buyer authority to e n t 2 into ?hi? ^ the oorPorate power and obligations hererod . i ! TM ? ? nd to perfonn its Agreement and the consummation ? ? r h 2 ?"d deliyory ot this artioS" 1 = S s " ? S e e" l?Slyb i i S ted r ^ v e r ^ y ^ e r and. Buyer. *lld' blndin9 and enforceable obligation of not subject*to Buyer is judicial oriadninistrativeadecisionf8f regUlation incorporation 'or^y-lawsf188 r certifioat of -26- CAMC-Logiudice-003848 REDACTED DOCUMENT ded of bend, morsa9e ' deed to secure debt restriction^or ' trUSt' - s t o d i a ^ I p ^ r ' decree of M y 1court 32 2 T t ' Sr?ef' writ injunction or agency or arbitrator,9 rnmental body, administrative w S u d ^ a 5Iut as f r e s ? Whioh the Person under any material eo.^ nor ls the nsent of any not been obtained ?e^rted ?Sr t L L * gr^ ment which as * performance by Buyer of thi <= a-.11116 e^ecution' delivery and contemplated hereby! Agreement and the transactions employed any broker^finder^ n ^ n ^ ^ 3* ^ ? * Buyer has not connection with the"transactinnV1Sr<.r intermediary in Agreement whicS would ths or similar fee or commiLfn 7 d to a broker's, finder's, the consummation thereof. connection therewith or upon for its o m ' c S ? ^ niivestasrtiSu???liln9 he Shares for resale in c o n n e c t i o n ^ I ^ ^ t S e ' * Vif? to' or violation of federal or state'seeurft?* tl0n thereof *n present intention of distributif * }?YS and with no thereof. Buyer will nnt reselling any part in violation of any such law.istribute or resell any Shares ARTICLE 7 covenants and agreements -- gg. SELLER CYPRTTfl ftflp bpyrp notice cf Of Reserve. representatives (including with-Jr BuTer and its accountants, counsel and oth,S.i limitation, its public this Agreement rt hav^ accSrdurtnc i o L ^ ^ ? " data o -- limitingtheefSregIing ^ S y e ^ iH C^ ? nies'# Without 2ffi &rF-counsel nrt j ' its public accountants - 27- CAMC-Logiudice-003849 REDACTED DOCUMENT ' or any portion or parcel thereof of obtaining a survey, eithe? bounda^ o? s-b^ili* S?rPS? of nnhiir Z y, environmental issues, and review a ^ PU s i e p s e n ? ; t i v e s hiSuS ? " be 00"*uci*> unreasonably with the business or operations"^? S e l l 6??8"6 a ^ g2 2 " K S i d S S M ^g S S ^w~ g?fwr a . ^ a - h ^ ^ ^ 's r s j a i i - g a . of testing Seller's talc resewo*. sentatives fo* the purpose r S o S p S ^ With 016 busin" * operations"of t e l i S " ?" * furnish to'the ^fh e r ^ a r t v ^ l j - S H '.,,^^ " t o will and reasonable assistSSS7? su?S ^ L "eCSSsary inrTMation request in connection Sith ftI ? other party may reasonably filinas or s u b TM ? 7 ~ L Ith its Preparation of necessary this transaction?810ns to an* government agency related to /I? r??!!?UK^ ?if Intercompany Account. d-u* ,, , it will cause the businesses conducted a L ^ * f?manieS to be operated only in the oSSiia^ oifseSJ^fh0111786 and.use a11 reasonable efforts to** preserve the properties and relationships with suppliers and customers of such businesses; . e n it will cause each Company not to issue !ssu;oras L ? han?S0^ H Capital Stock o f s j h ^ o m p l n y ? ^ anv kind ? ? ! , ' options, warrants or other rights of eniveiS?>,i any such shares or securities convertible into or exchangeable for, or which otherwise confer on the holder thereof any right to -28 CAMC-Logiudice-003850 REDACTED DOCUMENT o S g i n g nitS hd i a T ^ h f f l r e g X r * -- * any materiii assess tr cort~ 4 c*"s* the transfer of transfer any kev emi~,,_0ntiacrts' or h^re fire or division or other bulilltl Companies; subsidiary. within or among the to change or amend itsCharter ^ b v the ComPanies not organization a g r e e m e n t s ; ' by"laws or acquire or to d i s L 1^ 03118* the CoaPanies not to asset employed in?the b u s S e s ^ n ? ^ 7 'oright or other than in the ordinal CoS?s2 o? 5 f 16 Co"Panies, other understood that the busfness (it being shall not be conside?S business for f talc m ordinary course of itself keepVin to or vil1 assets and Real proner+v a!?d ffect insurance on Companies or for^hl S L ? ? ? ^h&r ProPertY of the Companies , liabilitJ ?JS of employees of the related to the CoipaniS S V * ? " 1*1* insu n c e Companies in accordance with^*nM V ,erf?nnel of the Companies, and it will ?as? Practices of the received ndTM slchS s S S S L ^ i f i "U PfCeeds the co^nitl be tr,.ferredto enter into P 1 Companies not to or retirement contract orYa??anoem^ni'_bnu0' severance benefit plan with regard t ^ S ^ ^ a n E ^ a"Plt>yee increase ai^salaTM tha Co"Pa"ls not to payable or to bernlo other form of compensation or employees of S T c ^ M i !,40 a"i f tha *TMtives any o? sSch e S L S v S T ^ i o E ^ 0 L M aU" S t0 payments made in the nrHir.f! iees# exePt for payments to for su<* ..w s * . ; ' s r . ? v - " s s ? ,, . -29- CAMC-Logiudice-003851 REDACTED DOCUMENT purchaser0hsalenorder0rornoierOUrSe!).any contract, real property lease rem u a i or W any in excess of -I , 9 n expenditure or payment terminated by t t ^ ^ ? eSa5a.anum or which cannot be*TM exceeding ^ m o n t hs; * Cottpany W1thin a period not incur any debt o r ^ b U g a t i S ^ f o ? ^ 00"53"1 not to to extend credit in S S o f w n d L T fu?ds and receivables or otherwise oth*y pJoduftsi collection of and regular course of bSknesIf than in *** ordlary any action ^and not to1causeSanyhac't?mpa?ieS not to take any party, which action Sould b taken by affect the businesses of fr ally and adversely including, any of the Companies in t S eflf0?Panies' ' **** state of title of the Real Property, it will n o t * ^ aberial portion of fail to exercise any optio any CoaPany to option to terminate a S r ^ ? o ,er end or zeroise any and the Closing without ^ date hereof as to each such non-extenson OT.P+f*or, tten consent Lease, or amend or modify aS tnr * ? aln*tLon of any ordinary course; y ny sucb Lease except in the to wind up,(Xu i i W a 1ornIsloitQ;' f hs Co"Panios transaction of Merger Sr " o t a I L m 2 " int " y ?ny of t h e ^ i n i e s " ^ kU l net " * foregoing actions. agree to take any of the intercompany accounts^etwen*^??1^ agree that all Seiifr (oth*r than a cSnpmy? m L ny Affi H a t e of settled with payment efiVeti-a"d .any Company shall be the extent such settlement is not*?37 t?K?1 closin9 and to the Closing, shall be settled feasible at or prior to tColosCilnogs,inga.nd such settleaet ssntaailllbe^ e2f?f.ePcrt?i?vteioaasbloefptreiror Buyer shall `ensuS^that all^IS fa) Ongoing E"1TYrrnt, Conpany l>ediate!y praoedin^to! riwhf loyid ^ a n y those on vacation, leave of L ? e Closing Date, including short-term or ^ability (wheSL compensation) and those sbil*7 r workers/s in the case of employees subieet^ r n lay_of (hut only, extent a collective ba?ygaaiinSiin^g aagare^eTMmernt?"prloavyi7doifnfg* tfoorthe7 ' - 30- CAMC-Logiudice-003852 REDACTED DOCUMENT EmploJeei"htShiShat f * s"ch employees) (Active bbaarrgSaaifnniinnga aDgtrheeerme**n"t"o"raaynmiinedtiv*idual *agreSe?m?entt.iv"Pl0y"ent <b) ffglftge Benefit Plan ior providing fo?" ^ei!21ifr:fii?Aroli" r S i iblUtlr p a S S 3 S "r " " oneVyear o f ^ e *1 claims (including long-term disability claims thj+* y existenceonthtir-i10U? ort-tem assess: w s as in iL r ^ e tr ic tr a ^ s : t S x s u S F & js .' ^ r shall assume the responsibility for providina fa*-Uyer P? " ^ L i i u ? n ; ? " " disabillty c l a i M "*>!, s^s.rsssai2 - sras aiar nrovTrfTni'-f Buyer sha11 assume the responsibility for claims m l d f ^ r ^ o s i i g D a i e " ' " co ^ sat^ " if applicable who terminated with vested benefits! * prior to the Closing Date with retiree health and life -31- CAMC-Logiudice-003853 REDACTED DOCUMENT llliltE S p l I y e e r ^ i o ^ o ^ h * ^ P-an<s) whioh covered such Da?e?yI " e ?r s u I s ^ u ^ *As f " l o s i n g SareS AS cttiTve SEmS p^loSyeeTs? t r S "i"S-Rieapnrdesel n! ?taedTMEmplo~yeeds wnohno' for providing E m p^yeefio S " 5 s e n s i b i l i t y the relev an t Company p rio r to d4enipi oyaent with gSreocutp ohne^alOthB 1! ? t h ^ d ^ v i t h ft* ^ n^ o f and r e e p o n i i ^ i i m ^ ^ i 1 " ? 81" S e l l e r 's o b lig a tio n s agreements covering implores. oo:llectlve bargaining (<=) Pension p1anf b f e ' Buyer s s s a r s p " : s s s rt in d u s tr ia l M in ^ a coTMfni n? ? P? ny o r " Cyprus s aS 3 r % r s S S ^ 2 S 1 i i i s , r , ? s i s - ^ x5 5 S o and (B) upon such fcwn!L*1 ant S e lle r Pension Plan the Buyer Pension iS i r i ? e accrud b e n e fits under p a r tic ^ a te d n i t t ? l ^ ^ f P l o y e e s who Zs h a ll in no event l e s s than t h if^ ?nEi02 f lan s under such S e lle r P e n ^ * S S 'S ^ S S T S S . v e n t (u n le ssSSo?haB u i !`:ndb^ l ? e ? Co ^ ? ' bUt in ~>y c a ^ nto 3bed? ? a n s f ^ . " ? r " ^ 9t Dat? ' PensionPp?S i n T tS S tlS S present vaSe^f 7*j .*? <* actuarial S S & Dat^of ^Active^Employees^ "" Date to th e dat o % f , per annun fro the C losing a c tu a r ia lhpresentvaluensh a li h e ^ B a ^ l ? . ^ 32- CAMC-Logiudice-003854 REDACTED DOCUMENT howeverf that if the iif-(lrr.a+. J i i | i | c^ Base Present Value bi S o TM ^ " 6"* P resen t Value p l u s o f ^ i d i f f e ? * Sh i 1 be th e Base A lternate Present a n d ^ h f 1? 6*110 b^twn th e used herein, the L s e ,,B? SHP re sn t Val u e . As a c t u a r i a l p r e se n t va f n o ^ i f s ha l l mean th e a c tu a ria l I s ^ p t i X of the M in e rals Company Annual R e c o r t f n S i 2 i th e ^CyPr u s 31, 1991 P l u r d b o f the a c ? iir ? ? ? TM aS o f M em ber determ ined, an ^ th e " A l t e TM ^ i 1 prf sen t value so mean th e a c t u a r i a l p r e s e n t ^ v lin f 1* ^ ^ y a ^ 1" sh aH assum ptions used i n ^ Company Annual Report r ep ,* ar h in &L a^h the ^ ? ^ n F 1 a c t u Cyprus M inerals a r ia l m o d ifie d to (x) S j as o f M em ber 31, 1991, w i l l r e c e iv e b e n e f it s upon t e r m i n ^ F 1*011 f Employees under th e lump sum o p t i o n n t i o i?t-0 r r e tire m e n t p r a c t i c e s c u r r e n tly used tav c a lc u la tio n q u a lif ie d supplements th at^ m av ^ if* fi " ? lu d in 9 any non d e fe rre d (o r immediate i f arm H M K ?^ ^ C able^ and upon G uaranty o r p o r a t i o n i A t e i e s t Pr a ? ^ l e ) P?sio n B n e f i t p ro p o r tio n o f Employees a s s u m o n *^ 8! tnd base the option on the ac tu al t o ta k e th e lump sum Pension P l m t " e ? h e ^ L i S * Under " S e l l s ? account the age an d ^ e rv ic. o? talcln9 ln t t e r m i n a t i o n or r e t i r e m e n t * e * F 1 Employees at v a lues shall b e calculated a ^ a t the*1? ? 1*} present a c t u a r y a p pointed by Seller a n d ^ a S e e d 1?*?!9 Dat b y an appointed by Buyer and i w n ? agraed to bY an actuary Of a n y b e n e f i t g J i s S S ,, ? ? h " dU0,,d b* ^ o u n t Employees after th2 c S = ? S o niithu fsp,?t to Aotiv pf transfer. Closing Date but prior to the date in this paragraph ( ^ S e l l e r inShp transfers described assuagements for any r e t e l l * t 5V?er sha11 ake Employees from the L l e ^ t f L ? ? neftt paynents to Seller and Buyer shall i TM ^ lle^ Pension Plan to Information reasontbiv TM each bther with access out the provisions of this S e c t i S ^ r<aer t 0 carry S e l l e r s h a U ^ e n f t h f C 1 2 S i n 3 D i t > Windsor Minerals C o m o r r < i i ^ ent Plan for Employees of R a m s - iif f iS S S .a r - Forks Plan")to make tht SSver t t i J" ? 1 0 7 8 (the "Three er. seller shall cause to b e transferred, as -33- CAMC-Logiudice-003855 REDACTED DOCUMENT (unless bothBuyer in V event 1 8 0 days after toe SSsS E t * * * ! " 18* aree> "thin the Cyprus Minerals C o m p l y M a s t o ^ S u X ? " 8 held undar con tributions1^ th e s ^ p X ^ w h e i^ d S " 8 tC " ak? the Closing Date. Buye? shalfni t as until making required o n t H w f U be resPonsible for a f t e r th e^ J o Iin g Sate w?h When due to these Plans Forks Plan ato the Stoisor pen"8? ^ to ? " contributions for 1 9 9 1 S re<^ired Agreement shall be the minium 2 for.PurPses of this under Section 412 o ^ t h ^ c ^ d ^ 0^ ^ contributin actuary appointed by Selle? llitlTM1?** by an required contribution for 9 1 fbare ? the required contribution for 1 9 9 1 he ntire required contribution for looht,8?!1^ 8 share of the multiplying the total s h a 1 1 be determined by the fractional portion M o o i contribution for 1992 by Date. Buyers s C e Sf t o n ^ L ^ " ^ 1"9 * " ini V 1992 shall be toe total S i . f e9?lred contrihution for minus Seller's share^f t h " ^ ) " "tribution for 1992 1992. if actual " toto" L S erto.ntfibutlon * exceeds Seller's share of f Plans by Seller then Buyer shall r e 2 u w e ^ I n e ^ e ^ ntributiona such excess, if seiiowe v. ^er for the amount of contributions e L e ^ s ^ i i S ? ? * *?* stuhcehn eSxeclelsesr. shall reimburse osuSyyeerr ffor t"he"tarmiobuunttionfs under the Graid Island^ , * 8?1" * Se:ur 's liability Plan for Members of General*?8?* ""itianployer Pension Union *544 Affiliated i?? r?rine5 s an<J Halpers Local Brotherhood of TeamsterstAfl?ci0 ?ternatiOnal assume all ^llabilitie^and^BgSi-^^y^ Buyer shall listed on schedule s?? 4 ?2 a? "1 Benefit plns Companies or the Europea^Companies ig I1 emPlyaas of the liabilitiei?,inctoinaa^ta^ r ? i???PSnf ib U i t y for aH liabilities and any withdrawal iitoilit?88''8?*?" benefit of Buyer's actions or omiocin labilities, arising because former Employees after toe lSling^ato"9 Seller's then -34- CAMC-Logiudice-003856 REDACTED DOCUMENT (f) Savinas PiaH - " -- ra: ffi- S S 5 Plan and Trust (the S i ? l L Mi? fal8 ComPany Savings recognized for all om-nne61^fav^n9s Plan") shall be such service ias ieSnS e5 hereunder to the extent Plan and (B) thl account hfi *5 Seller Savings which are transferred froS**?110?8! such Employees the Buyer Savings Plan^S feller Savings Plan to ppaarraaggrraapphn sshhaailli bLe fi,u5l\ly veasctceodrdaatncaellwittihmetsh.is event but ** TM Y within 180 days after^th*3?? sfller otherwise*agree) cause to be t r a n t f e TM ^ 010! ^ Date' Sellers shall the Buyer Savings Plan theliSSii ?S11?*" sJvin9 Plan to balances of Active ESSiavL^ i11ity ff the account Seller Savings plln taai?^ ^Participated in the market valuuee oorf wwhh?iAchh ?is? etqouearl,wtiothsuacshsetlisabilitfya.ir described ^ a r a m t f w i ? 5 S leti" of the transfer arrangements for L y P5eguired binef*??d B n Y e r *hal1 make Employees from the .benefit Payments to i n f ! TM ? * 11 PrOVide each t!n2!t " es!etoer *nd the Pr o v U i o ! n ? nttj:i in to * * T out actions t o ^ o v f f f ^ M ? 11 v!*5? a11 neoessary vested in the Mounts cr!ditrf i!*.?`?lc>ye*fl are ful^ a t s - i i i s a i f e i S S " r'ssst'i. 6.4, and Buyer agrees t! d!5.?5li? ?i0n?.un'ier this Section i S ^ A - " " j " 5" * A i i . 'S i S B S S " " the terms Buyer m d e r n i i t e ! ! , ^ " Sr S S I S f ' 61' 35- CAMC-Logiudice-003857 REDACTED DOCUMENT S ? " itu?i!`aVe the reSp6Ctive "nings ascribed thereto in Neither Bujir'no^elier^nor HUfKU.. Affiliates shall make aSv e L i ? L - f thelr r" P*ive 338(h) (10, of the ?ode? yslinr u ^ r " anSe S J eion make and may cause each member Buyer defined in Section 336(h)(5) of the Codef Ji ? ? 9?Up <as protective carryover bai e Codei to j m m a regulations unSsr Section 333 (e^of thePoSdidedM*r by to this election, Seller vill*fui?v Codf* Wlth regard the election, if necessL. lY cooperate ad join in (B) ability tgy Taxes and Relaj-^ n m -TH iinolud^r<a"? > contribute t'o th|Upa^ t " fa'ta^detirai^d" tC "i ^ r ^ n s ^ l " ? ^ respect to (a) imposed on Seller's Groun /.Sf Seller's Group) described in t h e f o T ^ S i ? (othr t** any Taxes for any taxable year) /b? ^ of the Companies companies or for wMch ini otherwise be liable fi) f L ani of Companies may that ends on or before throiy-itaX^bie year or period respect to any taxfble closin9 .Date and, (ii) with and ending after t h e ^ l o ^ TM ^ ?eri2d beginning before S 2 i l r r . ' . " " *'" -- m - Seller for'thl TSes'^f'mi ,,f ii*bia for.and indemnify SffTwS M S * r . S S SSJ25 such periods?*5 f any f tte CoaPanies received for f= w ? S S i.* S SUtSTJS.-jrs s H S z -36- CAMC-Logiudice-003858 REDACTED DOCUMENT S S ffiVSiS a i n : a^ r cL i ^ ? io^ annual basis s u S as r lpt * t the 5 ai? calculated on an shall be apportioned on a U n e ' b a s L f ^ dePreciation, taxing authority" ; a n y ^ M a c t f f n ^ ^ i ^ by " V treated or a tax-free tra2 2 ii?tion had been the code or any sirila n under S a c t i o n 351 of such taxing auttority I e t e m i M = nr r iaState tax law, in an asset of Hewco i n c l S w % ^ adjusted tax basis Other Companies, as ^ t o e c l S f i TM nfii ^ any of 0 16 t h e C a r r y o v e r Basis ias d e f i n e K ^ i ba^ e bo be *ess than shall indemnify Basis of such L s e t benefits to Buyer then Seller 6Xten! that ^ Carryover greater tax be made at the^tiie t h r i d l u S ^ t S ^ p ?ra? raPh s^all of Newco is determined to be other l a n ^ h / S an asset Basis and shall eouai +.w- ~'-n r than the Carryover tax rate in e f f e c t ^ ^ h?St corporate the difference b2 w I ^ S . i in 9 Dat* "Itiplied by redetermined adjustertM bTSfVar ?asis and >e that for the purposes o? provi?ed, however, reduction in the basis is p ting suoh Payent, a be taken i M o ^ c o ^ t ? a ? e S e T l S t t * S h a 11 not determination that r e s u l t ^ the of s u c h assets also resulted in t h * d? Ctin i n .the basis basis in inventory the incrase in the assets, or any asset thtV ?bleS f,other current or d e p l e t a b l e under the a p D l i c ? h T i ii ab1?' d? P reciable htehree idna t ethtohat suchH.d e t errmmmiantaitoin^ 1 i?s m^a^de1*^ Aisn uesfefdect on t a x b a s i s in the assetT'a^of3 ^ ^ " * 216118 the a<J3u s ted b y a n y dep r e c i a t i o n d ents.f Deoeclbfr 3 1 , 1 9 9 1 reduced tv%?re(or, in t h r l ; oS's?ofJ 8?fh U o w n c e E E S 2 " * S g 2 ^ * 5 betweeni0ns* r 1 9 9 1 and the Closing Date. payment b y ^ B u y e r Frigg. Any an^adjustment^to S . ' S i S J S f ^ l S i * Se0ti" ba becomes entitled^ a ^ r e f i n S period for which ll -37- If Seller * CAMC-Logiudice-003859 REDACTED DOCUMENT indemnify Buyer and such refund or credit is attributable solely for in ^, Date (determined udlr S e orileinlef S **" Closin9 (B)(iii)), and is at?ribu?aMe ?oPanv el ? a?raph . e ^ ^ e l S n d ^ c S S i ? f V t0 the of such losses, credits or sii?iSi u J* carryback any interest thereon. iS tSe ^ i t iS"^ together with credit of Taxes fo? ;hich T L Z l t Z refund or t l i L T i t r X " ?elee?" ^ yp e f It?" * ssiLsr not apply ?r d" " " f n S ? inst e pr1fedir>9 sentence shall Seller's computational error! isallowano is caused by to be filedVw j L that are required to of the ? * ?*U e r ? h a 1 1 * U e or cause wlth.resPct to Taxes * "y pursuant to this paragraph siller to file Taxes for which Seller is iHa.x?iler shalf PaV Buyer the its then best estimate J i t sh;i:L provide Seller with B S A a a r J n r TM """ s ? s r -- K s n S S ss " i s ' TM * i ^ s `s . * s . s i s undei thisep a ? ^ pr t r ^ 4 t S : d^ % r S e nt " p a i ' r s o K r s;^8 regard to taxes for periods th" beg!n bIfore iut l S -38- CAMC-Logiudice-003860 REDACTED DOCUMENT S T " ^ ' o ^ i n g aa1 p ^ Uf" ' ^ thin a S S S fS s n ~S e notice of any e S d i m ,, of,,?ie Co"Pan i of by any federal? state, local Sr f o r e ? TM 1^ f assesa"ent S,^ 5?SsgHsJsf ^ ai^ ^ M -f i S H L i f s ? " ph r i g S r ^ S p w S e S S ^ S S i p a S w ^ f fh a 1 1 hava the sole 2 ^ s s ^ C l^:r l2, ^ , Taxes which wouirSdSerSli S f ? ! ^ ^ " ? ?}a or Taxes of the Buyer or anv oa?c~ th* liability for period endina after hh^ii of,th ComPam e s for any i(niconmceltuadx idSefgic^i^entr^TilillTio'9**"e?.\impoosi?tiio*nfoTf a L r t S . ? g S "S"e2 tS' ^ lengtheningofany8SOt b" iS e s s e s 1 i l d*pciSuSs s s s a i i r - of prior written consentCofdBuVSrrrysuchardS) wthout the be unreasonably withheld id^h ??Ch onsent shall not S M S - S / s f ^ ^ ^ - i n e T t S e * BSyC: r ary to shall h a S thifCiS * any such settlement. Buyer interest in any tax audit or S P T * * 6?* a?y CoaPany #s before^but w L ^ f t e ^ S ^ i S s ^ *>SKs S y a^ t S e; e t t ^ a r the Closing Date which L ^ e ^ ^ j ^ f " * 1 1 " 9 " i S S S ' S ^ w S g S s s s s r a ? <B>< consent shall not be Snreasonabiy SfttoSw?' ^ a a a * a sAoreementa ?f THY ft11ornM,Bn -39- CAMC-Logiudice-003861 REDACTED DOCUMENT and any of th^Companies^hall^biterm^ SJ'4er's GrouP of the Companies as of the C l L i n ^ n ? ? te2 as to eaoh payments which are owed by o r ? o a n v o f V h ! ! V ' 0 . pursuant thereto shall be made theieuSde? C"Panlea be liable for o S ^ f S t o f t l i n s l e i 1" ?"d Buyer s h a U <* similar taxes arising u n i ^ i t a?eS\ use or othar front the sale of the shar a?Y ' local r foreign law transfer taxes? B u y e r tit real Property return r i S f ^ t i o S S S S is9 ^ ^ ^ " " ^ 1 f i l l n 9 any transfer, sales, use or otter ei2??iiS re?Pect to a preceding sentence. The nartv ,-0iiar described in the local or foreign i w fo? S S L ! S ? nSible under tte, such amount or filing sich r e t u TM 2? Payment, withholding respect to such tranlfir r infmation with shall undertake to fulSii^?hrt'r S L S ^ S m J siinilar taxes however, that Seller must in?2TM, 2 P iblllty? Provided, must be made by Buyer, amount wit S ?^Withheldbyor return or information tiSt S?4 Payment that Buyr respect to such transfer, sales, i s ^ o r ^ t o e r ^ f S ^ t a x e s . respect t o (the ^ r i l d ^ i ^ i l a . ^ p - i o ^ i ^ L ^7 B W r . With Buyer shall promptly cause^ a c h ^ f * ^ 0**1 c}sing Date, and provide to Seller a oackaere It F 1 JPanies to prepare (the "Tax Package")? which shfii i tax iilformation materials With past practice inciilLg S s t n r a S ? TM ted in a * > c e the information, schedules and tiC aS to Providing method of computation of paers and a to the relevant measure of income Sf 2 ^ 2 5 * 5 ^ j1100111 or other shall cause the Tax Pack* j_ .. the Companies. Buyer be delivered to S e i l ^ L c TM ? ? , ^ ! " Paragraph S * Date, each of s^ i ^ ^ ^ B ^ e r ^ h a ir r 1 n i~ Aft8r Cloain9 Affiliates ^to assist? t h ^ o i S "" ti" ir,respective m r sibLReturns or reports with suchh2ihParty in ?reparin9 any audits of, ^ ^ d i i i S t i r i i t h ^ 1 ^ 111 PreParin9 for any regardiag'any 'o i ' S y ^ ^ taxing autho^ty S f TM a s 2 n ^ % ^ ? e f ! i 5 " d t 0 " y -40- CAMC-Logiudice-003862 REDACTED DOCUMENT ?fa" a^ ^ e rccSpiniesf dooUM"ts ting to Taxes writing of^any pendincwir^ik1^ Jotice to the other in assessments of any of9the CoTMIJnenedtaX auaits or XSfeocrtiwohni;chantdhe other may nhaavvee aa liitaabMilfi?t5y`taulncd?ebrlethPiesriods correspondence received^ro^ani copies of all connection with any tax *i5 5 V any *axin9 authority in with respect to a store and maintai^the^oriainai *r- Slier w i l 1 continue to state, local or foreignl l l r l L TM * ? 5 f any fed*ral, still open for audit by any taxino ?^+.i'eprt: for any year up to and including the ta L b l e v L ^ th0ritYifor anY Period or before the Closing Date a n d Z ?r periods ending on exclusively for purposes ? Y k Papers prepared Will provide B i y e r ^ ? h cSnies o?9,??0h r?tuTM - Seller papers that have been prepared SithiJ returns nd work Closing Date and with copies of days after the papers as soon as possible aftfr returns and work papers are prepared. S u e ? "* destruction of any records and provide Buyer with the BYYer Prior to the 'this subsection (F) aintain such r e L r e s c f itsPo TM \ ai??tinUin9 t 0 st ~ d the partlel^et^ ^ ^ l n 0^ 1^ ? ! ] nfl~. TM e obligations of and absolute and shall r e S i n in eff2 r,? ,5 ^ k b\ U??nditional as to time. in ln effect without limitation third-party *insurance^noliei 5 *? t e n t that (i) there are Affiliates*(other thanPthe nt* aafntained by Seller and its iaUcisa") insuring against anylreE) InTM"-" expense relating to the ass.S7 i 5 ' llability. damage or <=?"**, products and employees U n c l u d i n ^ , OPerations' ? i M f i S ^ ? " fa?isanS J BP*ny ? o f s S ? r emPlyeeS> availability of insuran2 ^9anr expenses, regardless of the collectively as the "Busi ein,referred to or arising out of o c c S reSIIS H ? " 1 1 15 1 ,,?"* rlting to Seller's Insurance P o l i S S S ^ ^ M . tf ^ h* X oain9' and (ii) permit claims ("claims^ u- i-*ue a?.ter Closing to Business LiabilitiiT?elatinS tS ^ithrespect to such occurrences prior to the cioliSo L f f 1 1119 out of and cause such Affiliates tS cooierat^wihh^ 8 t 0 cooPerate Companies in submitting C l a L s ^ e ^ S Buyer -41- CAMC-Logiudice-003863 REDACTED DOCUMENT Companies under Seller's suohBusiness Liabilities Insurance the Closing. relating tPooloicciceusrrewnictehsrpersipoercttoto covered by Se^tlSf^ ) , records Company to, for a periid of six v e a ' J ? "ii1 " each retain ail books, records ansiti!!!" after the Closing, the businesses of the Companies in v?C?1" nts Pertaining to Date and to make the samePavailable n the Closing for inspection and copvina bv c-7, after the Closing Date* Seller at Seller's 2 2 2 S r S r any Affili*tl of of Buyer or such Company as arm?i nrmal business hours request and upon reasonable notice ?;>tUpfn^ easonable ?I2erall5y f the foregoing, ? !*v H ^ l u t i n g the Company to, make available to Seller-11** cause each Seller and their respective r J w S l l !?e Affiliates of deemed necessary or desirable bi seller^r alJ information in preparing their respective finfnM^f f fUch Affiliates returns and conducting any neither Seller nS^BSySi^Jiu *is^1* to the closi**3, otherwise make any public s t a t i c ? 2 ? L press release or Agreement and the tranea^*.* atement w^-t^ respect to this the prior written consent o f not be unreasonably withhold !}ereby without other (which consent shall law,1* S , i i2 S S S i regulation*^ 5 i S L e S ^ y with Buyer obtaining the approval^f itsn8hir^hoidS?I?ti0n this SectioA9? .9 ^ n o ^ i n t e r e s t * ixcept aa provided in Cyprus" or any derivation or* use the name transferred hereunder. The na-rt?* thereof is being as promptly as practicable b S t ^ i a TM 9! Buyer ^all, five (45) days following the n i i ^ y event within forty- with the appropriate authorities tn9 file an amendment Cyprus from the name o f e a c h r ^ L eliminate the name following the Closing Date pany' and withi one year trade naies, t r a d e r s and f ^ Ve r obliterate all sSch let*" * i5voices' sales o r d e r s ^ L c k a S i M 1 purchase letterheads, shipping docuJSti InS 9 st?ck' labels, it or any of its Affiliates tll?rJ naterials used by the Companies). For a oerioi but not limited to Y Closing Date, Buyer audits if01 days after the Companies) may continue to A ^iili&tes (including the Invoices, sales orders6 iet?S*an purchase orders, "hlfh b r the name Cy^ris^ piovidedihfiiP5 ing doc>ents (60) days' period, Buyer aAdPfSV l. . t^at after such sixty Companies) shall c e a s e ^ o ^ . 1 ,?**ifllxate (including the invoices, sales orders, letter-hein"3^ pU^?hafe orders, existing on the date hereof, which^eaT^thP**119 documents t, wnich bear the name "Cyprus" or -42- CAMC-Logiudice-003864 REDACTED DOCUMENT obliteratinofUSingly similar th s^hnHlt0fajy such aaterLfVering without first loanwhich bear J,!rials mot in ' aa**: or contemplated ? namer nark or fence on the cioI?i f fii) its A ? f U i a l aboy e' Buyer Wiiil0gf* E^ e p t tS Date nt to iniotes fincludino hnf1 nob/ an<3 will blle extent e a c i S L i t f f ^ fot n e w l r ^ f ? 2 .Proposal Seller's cost Snd to the extent f Prvided priorithf sane to tho ^ ?St` Buyer shall i n f " \ Buyer shall to ^ M | M | f t e n t Seller's *nly be billed iir quir/ at 2sss& i& s i n 9 ...* &?SSStSSa continues after s S hfron " one yaar -43- * as long ,, or for a* " Z F J S T S S h . t0 CAMC-Logiudice-003865 REDACTED DOCUMENT S w S S s i 1" conditions7her4in^?ovidfdn eachSS?jBSi t 0 *5 terns and tao -ber sdornes .alrl tfKiin,-,,M 'Haj"LSacraronS anK to dro, f oer c' asus"e consummate'and^Sle If f 2 S i v e * S 4 ?roper " advisable to by this Agreement, including, S t h ^ S t 3 2 o r ' 1 h S i a? * 1 % ? % gllfZ Z f i r i n g 1" 1"9 Seller's r L h t *to^I n q S o e ^ ' (a) s^ j e c t to period of five business' a will cause each of its Affiliateor9l Sellr will not, and business that directl? or K * t 0 engage in any talc businesses of the S i i a n ? L in?irectiY ' 1oomPtes with the Date? provider?_ however-ni^Ii.af-fv?dUCted,OT} *** Closing TZyntiA m u S ! ? S S ^ S S t S S i g iSs1* 1 8 as a n o n - p r i m l ^ I I i i S I / I ^ P " ^ " ^ " ^ which has- Buyer will'nit, ^ "w f u ^ u l l S C1 Sin9' engage in any barite business that diiaiiivAffili'aifs not to competes with the barite business of^illii' a ind^re,~tly, the ciosino Date* C"" * or Seller' as conducted on s ^ a ^ S E S TM ^in this Section 7.14 (b^Ihall^Mhfhi nothin9 contained s r S S S s t ." TM i l i i TM l ^ v t 0 en91?e in y busiLss toirSirlltiyi or **&*-.r i u = " i ; ? r ^ A m trade secrets or u a S % ^ ri or any ?otshe8ropferson any such other confidential i n f o r m a t i o n ^ e i a t i n ^ t o ^ e 0^081119^ any ai snsn- fr 2fso is S^? !4oi sn rWi^tht Bsusye^r,s ^as r^equ-iresd-b^ysl- asws osrs i r " ff5Ba," B 3 3 S i S a -44- CAMC-Logiudice-003866 REDACTED DOCUMENT Date' Selier^will n o ^ a n d ^ f?ree years after the Affiliates not to evronf T,4.1.ai?^ will cause each of its (which consent shall not be^nr?!^6^ ? prlor written consent employ, or solicit the M r i n a n ^ 8011^ ^ withheld), hi?e o? of the Companies. g employment of, any employee provision of t h i ^ S e c t i o n V ? ? Biyef agree that, if any invaiid or unenforceable? such o r a S ^ * adjudicated to be extent permitted by law b*US!LPrSVisicm shaH / to the respect, and only with resoect T** ^^eted herefrom with P5 ?V1ion.in the particular ? operation of such adjudication was made; nrnvi ;iiiis?lction in which such any such provision may that to the extent jurisdiction by limitation of tholid and enfrceable in such geographical aiea or time neii^ 6 SCOpe of the activities agree that such provision covered, Seller and Buyei- the extent, and only to the extent8*13* 1 be ^eemed United to provision enforceable to the SlletneS?SSary to make such jurisdiction!*5 " * PUblio p W w S ' S S 1SSible Transfer a n d ^ s s ^ M i o ^ d a t ^ T Pursuant to the Agreement of nd Hewco, S e U e TM h a s L r e e ^ t f T 5 ' . 19 9 2 between s S l e r record and beneficial ownership *Tager to Newco, its outstanding shares of Nihon f the issued and unable to transfer such s h i = ^ S Company, if S e l l is t?o^ ,pulrecVhasnetshuech3osihnatreVsenttu-rheo I*xeerrcciisseaC?thhebi?rCapUrseeem**p"tivoethreiroht immediately be delivered t o ^ y l ^ 5 fr* such ^ l e ^ f * have j *t h n f pr?rrty , The parties Underground Mine Property^nd costs associated with 2 y to Hamm ?e responsible for all Property. Any reguSed clea^ui l 0^ ^ up of such ?n reasnably practicable; ?t suoiai} b perfo*" ed as soon . Buyer 5 3 l ? h e Opii0apP!:ioabl* * * * 3 3 * for one dollar in cash. P ln to Purchase such property aay be ?s long as Seller Buyer agrees to maintain L o ? i Pursuant to this Agreement the Companies in a manner and am8 interruption insurance for Company engaged in the same huS?iTOt reasonable for a same area, business as the Companies in the -45- CAMC-Logiudice-003867 REDACTED DOCUMENT ARTICLE 8 Saigia:IaHa-*BBi3BaaL OF s b t .t.p p ' - the consUttriate the to 0^ S representa?i^ns T- P a t e ^ l t h til S S | real a p a c t s ^ f a n S a s ^ / S 811"13" s h a 1 1 as of the C l o s i n g orce and effect as thnn^ ^ 16 closing contemplated by this^,-*01* for changesplrai??,*&t a"d ssss^ g^ : -c k s s'nS rtssT ? " x ana 8 . 2 have been Cyprus, any Company ^ r ^ a n y ^ f iistyagainst0BUyerers e n tal transactions c o n t e ^ i a L T h ^ f * 1 .1 ! ^ ^ * s U ^ ^ ^ a r ^ ^ S S S i -" antitias^hich^reculat^ttaa a n d ^ u o TM S f nT ifiations or Buyer, necessary or^th*1 business of Seller v n* other Buyer, or their r o l n a ^ P a r t of Seller *m / an^ Company E r -- - ss&jfSSsarasa Sr* -46- CAMC-Logiudice-003868 REDACTED DOCUMENT sen. f yer to S o S s ^ a i : (i) ths ? S reasonably Agreement and (ii) coS?,?ransaetlns contend? L S ? hrity of set iorth herein? "PUance *ith the o o n S i o ^ of c??a ARTICLE 9 CPRPITTONR Pfjg^pEWrp pyty^^ to consummate the at the Closing:M C h 0t tte b l o w i n g condftions^ior to SSS%2 Tha tLt^t 2 2 * 2 changes permittSJ aS of the Closing rt* effect as except t H X i S L S contemplated by thij,aeXCept for representationPor^warrantte'* n respects as of such 5ffnty sl U be true in if? *. is S t re?entation " ^ " w w a i t i ""f^thfulniss of"then0t lnvoke KSfi ia i l 1a?t0han'*^ S i ^ ^ l t e g s t e ^ n s t i t u t e a have a a t e S ^ S P i o u s l y m k n t m tt J ^ undis=losed Companies^s^a^wholef** s \-the non-compliance j!y.?ot invoke this Section ? ? dosing; whole?* *" " * ' n* the S i V ! J^K Svsass -47- CAMC-Logiudice-003869 REDACTED DOCUMENT cSmpanytSrSan1 0 fXthei?9 rinSt ??yer' SeUr, Cyprus any principals, officers or directors6offfiliates' or a"y of the restrains, prevents or mae?2 ?v any of that contemplated hereby. ally Ganges the transactions and authoriiatioSSffD||verSiL?aeri2 ;L consents, approvals authorities, and all f u ? X a5 d re*ulator^ Pprovals governmental authorities 5 notifdations of entities which regulate the hn ^u^-atory agencies or other or Buyer, necessa^ on te part S f ? Selle^ any Company Buyer, or their respective AfSliftiJ1 1 ? ' ' * ? 17 CoffiPany or 7 delivery of this Agreement a5 xi* ' to the execution and transactions contemplated herbhe ^nf^Mnation of the or effected (and all armi -s .,^y ' shall have been obtained including fwa^ ng il y ? ed *2 *' regulation or rule ^.any aPPHcable law, the h s r Act shall have Spii-ed^ ti^ding but not limited to ' applicable) ; provided th- n or terminated, as Section 9 . 5 u n l e s s ^ e ^ i i S ^ o ^ L ^ invoke this consents, approvals and a i t h H f - btaini0r effect such o?Uh hSVe a aterial adverse effeci^A ^ the a^gregate the Companies as a whole. n talc business shall have digging Osllv.^j.^ Buyer revest in order to estabUsh M T , B"y" " on^y Seller and Cyprus to conB,TM,.-Lth W * and authority of contemplated by this A c r e S *5* transactions yf conditions of Closing 1st flrth Seriin! eoopliance with the transactions'cG^^^lated^^'tha^a CloalnS of the Assumption dates Jui,8 5 , l90j k!L9ra<ioeent o Transfer and have occurred to Buyer's reasoSS?e" a ? i e ^ r t i TM . NeWO s b a 1 1 Consumer P^idu c L ^ n2?T? TM l S 1 2S',,Johnson * Johnson of termination to c l s o ?ts ?},"?* hava 9 iven notice pursuant to the Talc s u n m % Afflliates or to Buyer Minrale Inc. and JSJ, d f t e d ' b e t w e e n Windsor SURVIVAL OF REPRESENTATIONS ------- AND WAPnftMTrES -48- CAMC-Logiudice-003870 REDACTED DOCUMENT included or provided v. in accordance with lectiSn H "8?61? * sPeci'ied, in Srltina bYCompanies or their successors. ' Seller Buyer, the 9 in Sections 5 . 1 ^5 f^Pjfsssntations and warranties eont*a-s j limitations tor any extensLXPic ble statutes of successors ! 5 *The ^SgSZ *&,*, A9rent shall "S ^ i v e 1?* oontaini in g ^ ~ - P t Sith r t t ; L ? l Cl * A ^ 1 thereafter f seni?t0f?re sPecified,Pin writiioa?hes r violations Section 11.5, to Seller bv i ^ lng n accrdance with successors. 61ier * * Buyr, the Companies or heir ARTICLE 1 1 IMui!jPrrfjCATT^ Affi~ ^ t " 1 1 n"Y~r ^ it, jointly and severally aoree1?^ i1!4' Sellr and Cyprus harmless Buyer, its to defend, indemnify and hAid assigns ( i n d i v i d u S i ^ f 1 ^ 8 and its successors aSd collectively, the "Bu v p v I ^ P l I t O -a", and respect of: Tnflffflnlti pii") against and in liabilities^costs^nd^vBA8' claims' damages, resulting or arising f r o m ^ S h caused by, fulfi?i1Ur* by or Seileiht ^ D e r f n elating to <*> (fiiii)f1a^ny0b^reacmhployrwviitohlaatniynPgroTiniisi1 on5^?nif i?^0r oth*vise h*11 Agreement: representation or warraSv ^ in?Sai2il } of aiV hereunder, or (iiij anv e L ? f Cy?rVs or Seller relating to the opera?Llai \ u rising out of or the Companies or either o f ^ h ^ v . businesses of any of to tdie Closing as to which ^ ^ Pea? CoPaniesprior notice tc seller w i t h i ^ e ^ S T t f i 'S ^ , -49- CAMC-Logiudice-003871 REDACTED DOCUMENT claims,}liabilities^deSaids3 'asitS' proce?dings, costs and expenses * assessents, judgments **" ' directly renting to ' ^ U i a t e s / '^ S ^ f ^ i l W i n of Seller an* Ttr defend, mdemri fy and hni<i v Buyer agrees to Affiliates, and thr hafless Seller and slS*. (individually, a "Sen*- su?cessors and assionc "Sailer In^-mn i t i ^ 1agal52tfflSldPin'rSpeIt" fTtlvely- the arisiiig)troSyo" o t h e S S a?6 ?*??USe? by' suiting or any representation claims,}liabilities^demands3 ' Suits' Proceedings, costs and expenses i n assessments, judgments fees,^^irectlynrelating1 to^suchendemnification?^ 3 ^8 ' Subject to Sectional Tndemnif disclosed in Schedule` K r extent Lawson, j. Stevenson nA 5 t 0 the xtent Dr. Graham n actual knowledge on the date hrUn^ r J*ohn Paulson has * with respect t o ^ y ^ r i t t n ^ f & V oe (* b w 5 a sy ^ s s s j j fflr S , **F s s ^ i r t s i s , r " S s a s actions, claims, cost a J 1^ ama^es' losses, liabilSi limitation, removal costs rem2 ??efj(including, without ' penalties, expenses ? i ^ w ? ^ n SSts' and reasonable attorney's an<^ cngoing monitorino indirectly based u p o n ^ J ? ^ directly or 9 ' relating to (i) any itin^i Z L ? L ' ,?*B*lti** *ro or the Hamm Underground Mine Pr+.y Seller with respect to Environmental Law r e l a t i f * p rty or any liability under Ham. Underground Mine PrSpertv* ?f?fent c?ition t h i Environmental Law by the c S ^ (ii) any vilation of any any of its employees, reprasentatfv.r tbatt P ^ o c a a a o ^ o r person or entity actina on S i 1 2 s ' a9ents or any other the Closing (including? w ith^iSitfc? ComPanies Prior to obtain or comply with m y De S i t 1 1 ,tation' any fa u r e to or authorization under theP'ilicense or other approval f?w>. (iii) any S e n * y EnvironSen?.! Law arising on or prior to V ny Environmental respect of any aot, omission?1^ ? , ' -50- CAMC-Logiudice-003872 REDACTED DOCUMENT circumstance occurring or existing Companies or the existing in connection with +-h* Companies or t h l i ? OWned or aerated b? the Closing (including, withoutSlimitat*ny prior to the to investigation, removal remed5 st*n' liabilities relating 32. > * s HraezmaerddioautsioSunb^sctlaenacneupi^nr^viaoblaatteimoennto^af t 0he^PresSenSceS off anfythe existing on or prior to the U r a l TM ?ny Environnental lL Companies or the pronerti 2 * Sing *n nnection with th companies or their 2 e d ^ ! = olmed <* operated by the Closing; provided, howwl? thft* ??y tine Prior to the P ^ i ^ ^ ^ t W ^ L c i i o n ^ i ' ^ h a i F b ^ "^ e nindemityn Purported availability of insurance. WlthUt re9 rd to any S es h i i / rei?"')st e a l ^ a f T o r ^ i authrity (whether Ja w shall require Buyer or anv r lf an^ Environmental removal, remedial coirJJ^ y Coa,pany to effect or ^ctin"), or if any third ei^ilar actions ("Remedial^ Section*!^? ? c t L i L v i r lai" f" ""d^ i^ e t i o i a^ iCh ss^zs&s a r a s 55^ or property) give prompt w r i t t e n t 0 preserve life required Remedial Action or thnn+?ut^Ce to Sel^er of the Eeiier, at its option hv 25 ether Environmental Claim thirty (30, days ofBuyer'snotiet0+.uyer given v ^ S ^ " * ^ t i o n or other EnviroLental cia?TM ? Seller of the Remedial specified in Buyer's notice if thi" ^2r fuch shrter periods yequires that action be tav,.2 rdering governmental u?0) day notice period woSid af?re profflptly than such reasonably determines that 22- }d allow' or if Buyer the subject of the Rem^dial^ctiSnSo r ^ i 0nditlon ^ is S ? * ? requires that action be t a S J J ^ 17 Environmental 2i}lrty fj) day period would all225 2 2 ^ pr?"Ptly than such of and effect such Remedial a^+.4W shall (i) assume control Environmental Claim at its c2fii0n^0r defend suh Other * suchrotoe?E2 2 iroSS2 ntif' * * and all costs and e' ^ ***** g c S g g t?JSgi -51- CAMC-Logiudice-003873 REDACTED DOCUMENT w i t h i n e t o e nt e r a 1 L s a e s C" ?n e ^ h " " ^ s h a 1 1 b e c o n s i d e r e d fo rth in S e ctio n ! ? ? ? ,, ? d t su b je c t to th e li m i t a t i o n ^ * with each other and'shall h a e " i f h t ^ sh?U Perate discussions with annis " a ri9ht to participate -in effecting any Remedial Actionwi5Tentauthrities in completing any Remedial ActiSn ^ ? Y1?W toward promptly effect of any Remedial Action An the disruptive businesses of the Cmman,' n on the conduct of the additional environmental liahfY?^^n^ tke *-ncurrence of existing conditions to fesP * the and performing any Remedial a Remedial Action is taken cost. All Remedial Action^performed i0West ^asoAable performed at the lowest r S a s o S S ? ^ l Biye? sha11 h* consideration the matters set S,, Sti.takin^ Into sentence, and subject to audit ^ Pr<=eding Soerllseurchmalyowneostt sreetatsloenable^ostu snLafnb^etfoorCB2usytesr'^s excess governmental authorities rTMrtiS? any clai> hy any Other Environmental Claim a Remedial Action or consent (which consent mav n ? Ut Uyer'B P o r written Buyer may not settle or" omS?L?. reaS?nably withheld?, governmental authorities ?elat?%any claim bY any Other Environmental claim iithSut^ a Remedial Action or consent (which consent mav Seller's Prior written If Seller elects to assize Sontiun^ asonbly withheld)? Buyer shall provide Seller reasonah?* a Reae<5ial Action, properties to allow SelleA fasona^le access to the relevant Buyer shall, at Seller's evrerCai^ e*'e suc^ Remedial Action to the properties of the ComtSn?A prvide reasonable access* retired by seller in o t o e ^ ? w , ! ? asonttL Action with respect to the Hamm n^ler to take Remedial provided that such access Underground Mine Property ! t TM the bustoeslefc f t t e 2 ^ T " " y P t i S a Companies to any potential n 2 i S Pu ^ a ? ? yf*posa " " Companies ill forth S ^ s l S d l e * ? ? sites of the for Losses pursuant to cm-fi- e 11.3A, Seller's liab ility liability for c t o w r e Co" s " " ;?<> fhall not include y not in the aggregate ex" w " f ^ ation,oosts. d shall Price; provided, however? that o ?-eq2al to the Purchase may be made under this s4ctiS ?? ?lau\ for an* ingle item amount of such claim exceeds A i i l i r f ? 18 and until the and Cyprus shall be liabto L i i l U P " whioh ase Selier claim, with respect to the sitA*?*e aaount ot such forth on Schedule n 3 a qfi? ,s th Companies not set pursuant to S e c i L n iitirf? s ^ , ? }ia? illty for L o e w s for closure and reclamatioi cSsts " litios to any amount; provided K *,,Z'OST:s' and shall not be limited single item m a y ^ e ^ l e 'utoer at elai" *>r m , * " 1 until the amount of such olaim^xceeds'ti^^ "in'^hirt^ -52- CAMC-Logiudice-003874 REDACTED DOCUMENT Of such1claiffi?dDS??JiHShfirthrliKble for ^ whle amount of any Remedial Action &SXgVX,t that if the cost Seller to the reasonable satisfac??erty*is clearlY shown, by excess of its fair market valuf I?? f ?Uyer' to be IS taking such Remedial Action have ^ler hall instead of such property from Buyer.for one di?iPtln to reacquire liable tor any costs a s s o c i a t e r ^ 1^ " ^ ^ solely p;revisions^1^ ^ i n a ^ i t ^ L g n jn^innlfa s a U g n ^ The (b) and 11.2 shall be Sections 11.1(a)(i) ,,h amount of all claims foiwhich%?iy When the a93regate d under Sections ll.i(aWi) f?*\Seller or Buyer is liable rsPectively, exceeds ?nd <b> or H.2, shall be liable for ' in which case such oartv that in no event shall e i t h e r ; Eyi^ ' howeve^ re ^han an amount in the aooreofi r Seller be liable for all claims made acaiSSr 9!te e^ al to Ui) and (b) or 1 1 2 uader Sections JfiHgpr, that no claim fo? anv^i^i^REffiOdafl, furtherr ' (iff a S ^ S f r BUyer b 1 iabie^S^dlr 1 Sect?ay i i a L a?sd ' nor ' pursuant to an existing business i n t e ^ u L ^ s u ^ n c e . Section 1 1 . 1 or li^^hereoj^sha^^b for indemnity under from the Indemnitee to the Indei^5e*:"ade by b i t t e n notice reasonable detail the b S ? s Party specifying in otherwise provided herein ,,k h*16 c*aia* Except as indemnification under Sectional*? Indf"nitee seeking of any claims made bv thirt* or ^i2 receives notice Which is to be the b L i s S ^ ^ ? ("Tbird P a r t y c i a i m s ^ hereunder, the IndeSnitee^hali^fi" fr indeification thereof to the Indemnifying piitS^ 6 promPt b i t t e n notice the extent known) the natSre S ? L e h aS?n?bly indicating (to thereof, upon notice from t h f tS h claims and the basis Party may, but shall not be r e o i i r e ^ ' the Indemnifying of any such Third Party c i a i i ^ i f ? 5?' assume the defense settlement, and the S L S i f e a ' p a r t v ^ ft* "Promise or S,S2 - SS&iT" counsel of the' I n d ^ i S f ? " * * . * -Pense of legal and, BEflyidsfl, further that su<fl> defense I?nSdetmlnai.toere'CsOBpPrriTMoiriw^riitityeTMniZr~dZ PPaarStSy^!Cillaiifmysinwgi.tph#orustonth"ey not be unreasonably withheld)'. TTnhe^iISnddielmlniiif?yincgonPsaenrttybshaallllnot -53- CAMC-Logiudice-003875 REDACTED DOCUMENT the defense of Sich^hi^d Party Cla *inte?tion to assume an i n d e m i f y i n g ' p ^ ^ f | Party claims, business days after th Wlthin twenty (2 0 ) notice to the ? d e n e e If ntice is Siven! give the Third Party Claims, the Indemn?^?ti0S f the defense of deemed to have waived its fyin? Party s h a 1 1 he thereof, if the indemi^ee I s s ^ ??ntSl the defense claiins because of the failure of any hird Party to do so in accordance with th?f ^ Indemnifying Indemnifying Party shall nav a n sftlori H-4, the expenses of such defense and S i n J H^ 1 6 costs and the outcome thereof The Tn*ShaH fully responsible for liability with respect^to s*ll ava io thereof effected without P f e or settlement consent shall not be unreasonablyMttoelS) M "S6nt <which Agreement `the this' '^ ? * ? " '5,1 ' '9 anythin9 in this termination of this A g S e n W ^ 1? ^ ^ " - - i v e ARTICLE 12 MISCET.TftfJflftTTo after the ciosing^ s ^ i i l r ^ ? ? ? ^ * ` From time to time to be executed a ^ a"'*'81iver- =.us. Buyer shall reasonably revest t 0 Buyer as effectively in Buyer g o o d ^ i l L ^ o VeSt more consummate more effectively the or otherwise this Agreement, and from time ? tfansactions contemplated by Buye.* will execute anddeliver^oT*1 ^6 ftfr ^ c^ i n g f * reasonably S S & t t . the transactions - Pay the feel'aid ^ S f f l ' o / i S s S ^ t ? " * 1 8 hereto s h a 1 1 accountants and other evn<m2i,,1 rS.refp?ctive counsel, expenses incurred by i t ^ n ^ n n n "^ ? 111 1 -pay a 1 1 other preparation and execution of ne9 otiation, consummation of the tr e ^5 -!th*s Agreement and the Seller shall pay all e ^ e n e 0"? ^ f ^ t e d hereby, limitation, all taxes ' including, without incurred by it or the'Comon?*an? registration fees, restructurin*g ofa. tthnee ttaallcSPbbu2 sii?nnesisn ocfrSmeelclteirnanwdithitsthe -54- CAMC-Logiudice-003876 REDACTED DOCUMENT thiLlrlttUnLo ^ H o l : "ithOUt liffiitation- those relating to governed by, and construed^il10?' T5 is A9reement shall be the state of New Yor^vithout ? p ? ^ danC\ With' the law of principles, including a U materf1?* Choice of law and performance. y matters of construction, validity permissions,*waivers^and oth1 notices/ requests, shall he in writing and shall^e0^ ^ 03*1011 hreunder given if signed by the r e TM * ? kerned to have been dulv the case of any corporation thiVe<persons giving them (in officer thereof) a S 5 e U v 2 r S 8ha11^ ^ mail (registered, return hand' or United States addressed and postage prepaid :** re<5Uested)# properly If to Seller, to: 9911000^M1in?eirnael? CCiorrPcleration P*0 . Box 3299 Englewood, Colorado 8 0 15 5 Attention: President with a copy to: Cyprus Mines Corporation 9100 Mineral Circle P.O. Box 3299 Englewood, Colorado 8 0 15 5 Attention: General Counsel If to Buyer, to: 150 East 58thISntcr->eet New York, New York 1 0 1 5 5 Attention: President with copies to: B o TM H " selidatad Limitad Carlisle Place London SW1P 1HT -55- CAMC-Logiudice-003877 REDACTED DOCUMENT Attention: Mr. p. Ala,, s . Lesser RTZ Corporation PLC f St. James's Square London SW1 Y 4LD Attention: Charles H.H. Lawton Esq. Sullivan & Cromwell st Olave's House 9a Ironmonger Lane London EC2V 8EY Attention: David M. Kiee, Esq. Such names and addressee ^ dresses may be changed by such notice. (including the Schedules^ttaehSSVuThis Agreement a part hereof, and the C o n n d e ^ L i i ^ 0 ' a 1 1 f which the entire understanding of the A?reement contains to the subject matter contained part*es hereto with respect cancels all prior aarepmonf herein, supersedes and undertakings and c o L m i c l S t o n i ! * ? ? ^ : ! " ^ "Pnaenee, written, respecting such sSjSrt i L S l r f M 1 or only by a witten^taSteSISi their respective successors o?" S i ^ s ^ Bay be parties or n| paragrapA'A e a ^ ^ j i g f f S f S a - . t i d e , section this Agreement are for refernif f contents contained in affect in any way the mlanina nt ?ufposes only and shall not Agreement. All refereneeU? f interpretation of this or "Schedules" shall be deemed*^ k " A b i d e s " , "Sections", indicated? 8 h" f and Schedules^ h e ^ f^ S0^ e ^ leS executed i n ^ i o ^ mSre^n.^f * T{^s Agreement may be shall be deemed to be an o r i g i S l f ^ ^ aCh counterpart Agreement shall irm r ^ t o t h e ^ e n l l ? ^ Assignat:. This Seller and Buyer and their res?^} f and be binding upon in this Agreement, express or-8? TM ? ^ s?ccfssors Nothing upon any Person not ^ p a r t v to tht6*' is intended ho confer remedies under or by reason o? 2?is Agreement any rights or this Agreement may assign or dele^ate^i?"81** No party ho ihs rights, obligations or liabi???iL 11^r any Phtion of Without the prior written consent -56- CAMC-Logiudice-003878 REDACTED DOCUMENT orbilgihtgattiootnisssoirgnliioardbidleiltfiSetsfvEf4nnvyhPatrrt^T^olnleorfShitas11rihgahvtesthe Seller, so longasSel !\ 1^ aamx to V A f f ilSg'of lisble for the fulfillment of shall remain.fully liabilities hereunder; and dpovih shall have the right to assiSS^J??' bligations and that Buyer rights, obligations or liSi??t? dle^ate ay or all of its Affiliate of Buyer so i TM lities he^nder to any hleiraebulnedefro.r the fulAfliilmlmeennttSooffBaal?l?yoef5 ?ithsa11oblriegmaatiinonfsully of any portion^ereof^shail^nXt . The invalidity enforcement of such restriction"?"r*it to broad to permit party agrees that i court S ?ul}est extent?^ach enforce such r e s t r i c t i v e t ^ nt jurisdiction may lav, and each party hereby cSJserts^IS? extent Permitted by scope may be judicially modified and agrees that such Y proceeding brought to enforce luch s ? S S L n ? ^ hereby i r r e v i c a b l y ^ S i d ^ S S ^ i . Buyer' Seller and Cyprus exclusive j u r i s t " * to th? 5 " 18 located in the Borough of and federal courts for any actions, suits o r ^ i S S ^ S " ' The city f New York relating to this Agreeient ad thf1?9 arisfn9 out of or ' hereby (and Buyer, Selle? a f transactions contemplated any action, suit or p r o c e e d S c ^ S i * 9*!? not to commence such courts), and further a o r L ^ 3^ 119 thereto except in summons, notice or d o c u m e n t ^ y V s r ^ r i 6 any Pro<=ess, address set forth above shallhe ?}Stered mail to its process of any action suit o ? effective service of in any such court. B^ye" 1 gSii.r ^ i."9 brou9ht against it irrevocably and u n c o n d i t i o n a l ? d Cyprus hereby laying of venue of any actioilyfin?iVe any ob3ection to the out of this Agreementyor the t r a L ? f proceedi*g arising hereby in such state or federal n 2 i0ns contemplated hereby further irrevocably a n ^ u S en^?^? aforesaid and agree not to plead or claim "nconditionally waive and action, suit or proceeding ?UCh COurt thab any such Been brought in an i n = o M n ? 95 o r ^ . any 8UOh ourt h" aet forth S ' S i . Closing to or at the Closing here!md~y*i 1Ved at an^ time prior benefit thereof. The failure fty the parfcy entitled to the at any time any of the provisions*!!? th?iyahereto to enfrce no way be construed to be waiver ft**-?1* A9reement shall in in any way to affect the validitv ^ i?-SUfh provision, nor e validity of this Agreement or any -57- CAMC-Logiudice-003879 REDACTED DOCUMENT 5 5 a n s u c h ^ p r o v i s i o n s 0** to enforce . . . . . . s,,, s t r s s t a r s " } - S K " ; 5 ^ 2 j K . "5S .fsr to an order of a court or o t h S TM ? V V f?refme5l!: or Pursuant party shall be increasedto^SSSdi* 1 iability of such from the date when s u c h t w S m S ? ,^ s t on such sum of actual payment at a r a t ^ S ^ shall be due until the date the maximum lawful rate) of th^ annu3a ibut not in excess of three-month d e p o s i t i n ' t h f S S d o n ^ S i above 4118 * * currency of payment as d2 ,.int?rbank "rfcet in the 11:00 A .M ., iSiSon iime 0T S ? 3 ?y C>tibanlt a s of be due. ' n the date when such payment shall -58- CAMC-Logiudice-003880 jlH'OSER'JICESlHC TEL No .21288826e!? REDACTED DOCUMENT Jun 5.92 1?:Q5 No.004 P ,05 - c u t * tS.'s s 'fc Title Stjyjf^ i'/cf fat {t/Dt^rCPRUS MINERALS COMPANY 8yr " ^ r ^ 8 5 2 / E `"7 b'UC.tz /'tf/ZJii RTZ AMERICA INC. By Q A T \ \ ^ L A M '" * Lqw Titles -59- CAMC-Logiudice-003881 REDACTED DOCUMENT ,/ i amendment to STOCK PURCHASE AGREEMENT AMONG CYPRUS MINES CORPORATION CYPRUS MINERALS COMPANY and RTZ AMERICA INC. Dated as of J u n e ^ H , 19 9 2 CAMC-Logiudice-003882 REDACTED DOCUMENT AGREEMENT DATED^JUNE^^ggf bvJand 1992' TO STOCK PURCHASE corporation, * Dlavai corpiratiS C?rus Min company, a Delaware c o r p o t i o S i S ^ ^ f * * J' ^ r u s Minerals a Delaware corporation * r t z America S c ?, _, WHEREAS, on June 5 1409 a.. _ ,, stock Perchas. Agreement (" A g " ent ; P a r t i ' 8 *nterEd into a changea jin, *3iJSCEyprnutsaNhceorAetbTMynSadgrPeheS4aisi'f'aolnldonwisn:dthat0rneeafantth,* autul Buyer, Seller delete s p e c i f i e r S o r S ^ n r p h r L e s ^ f " ! ^ ? t0 lnsart and "rhe cios ing^shall b'^fflctive's of th* *?ction insert on the Closing Date."; 9 as * close of business b. Refill.;' Seotlon 3 -3 =). line i, insert -or Cyprus- after c. "Seller"/* fieotlon 3,3<c) line 9, insert -or Cyprus" after d. SefKI-r- S*CWon 5-28' liB8 3' insert "or Cyprus" after fi. SfcS9?S" i.|!;ti0n 10'1(a)' " i. insert "and Cyprus" f. W / " " U -ia)< n s 8 , insert "third party" however,*any^aue^third^party^claim2ivfn?rt "fxoluding, feotiona (i, (if r S, inf" "i*ition pursSJfto the limitations set firth in SeitiiS ? c?s? iistegarding ?nironnentai matter covered in Sectim'i M .f"hding any the limitations set forth in s S e t i TM 1?? 1,3' ^regarding Buyer i. responsible u n r S e i ? . } l '2it i & S j "hi0h -l- CAMC-Logiudice-003883 REDACTED DOCUMENT io*sSiSS-8irsash' i. 2?lSiIIt!oA.-rCtl0n " *' U n e 3' inE*rt " to t w after 4 3* 'Seller";Sand6Cti0n 12*4/ line ' insert "or Cyprus after k. "Seller"f6# Sectin 12.9, line 3, insert Cyprus after to delete tie existing Section 1 1 A^ e?ent fs,hftr*by amended the following; oecuaon 11.3(c) and insert in lieu thereof the Co^a;ieiCL t Mf ^ ^ r i c h e S u i e % ! P^ at^ ? / i t M ty ^or^Lpssespurauant"to^Section" " * a s f f i = ^ w i S i s .sha1} not include any liability for eieaur item may be made under this SectieS1?^-*0* ?ny singla HiIFvur a ^ ? f p r S v ? d F ' 3 F ^ F F \ F F S l? U* " y ln 'i S K sS aS iS S i& tT ' r.aaonabl. aattafaition* Buy' " S ? S * its fair market value. Seller or ew*! ? L S 5 i r 2 "U S Ra"* slal Motion h a w t h S SStiin1?? atall^hl aS?iiP??P!fty.fron Buyr i o r on. dollar and such'proparty'" liabl* ior c0*t* associated with -2- CAMC-Logiudice-003884 REDACTED DOCUMENT iiiw'iLEt th. Cyprus, on the one hand or Buvf? Whif? Sftll*r is liable under Sections 11 lfawiin /n ?? otlier band, 1 1 .2 , respectively, i S L i r i i S U i k a?d 00 or such Indemnifying party or f? which case all such amounts; provL* however l i a b l 6 *or iiyrntfiTM0^ s s s . s f i is ii-s ^abua - s fr under Seotions 11.1(a) (i"* ^f? and^'h? or the" respectivelyj orov^'i a?d <b) or H . 2 , for any singleP item may bS^Sif' l!" be "e<,on liable, utnhdeeronfeiehcatnido,isn1o1? Mye? thi other hand, 11.2, respectively, if S - (H ' (li) and <b) or than provided SUch lass " V * <* for indemnity t o S U , mtto'tti?*'?*1'0 ?lai can reasonably, and does a o t u ? ? ^ * * tho l^emnitee an existing business interruStiJi iC0Ver Pursuant to Notwithstanding o S e r p r ^ i o i 2 "fi?anf ` , the limitations set forth in th-f ca^llf8 Section 11*4, apply to any claims by Buver r,,iS sJft^on H * 4 do not or Cyprus fir any liabili t i e s ^ r ^ M W i n s t Seller costs and expenses associated there}???*011? ideluding any litigation or claims l i s ? e ? ^ eIchSdulS ; ^ ? Ut f corrected by a ^ S ^ l J C f 8 * * **" * * * ~ " * i hereby read*"! andSf??i0n 3*1# Ulie 5f "7 and 8" 1* corrected to b` 2 a 8 * S lAdS?S?i0n "-1' U n a *< ' d e- i. correoted to corrected *thread**$ectlons%?6 w " ?*" .7 -* " * i. "(d)*;6 *' Seetion 3 U < line , "(e)" is corrected to read " a ? St! ia ' 2 5 "AFL-???a;ti0n (iv>' lina S. "Afl-CIO" i, corrected to read *Iel?er";Ctin ' lin* 1 6 ` "SellsrG" is correoted -3- CAMC-Logiudice-003885 REDACTED DOCUMENT h.. Orenadpage7.43"5;, Subsection ih), K' limnee e6, *6*.4a.' i* s corrected to i. is j- Orenadpage7.435;, Subsection (1 h')'- limnee iion, w*,a4h *is corrected to u. SUbseotion <h>' ^ u . ".4 i, corrected to i. "Indemnitees" "Indennitlee" ^ corrected to read a. S r ^ l e S V ^ t lellll'Sl-, liae 3' "<=<** " " * read "dated";*tXa *'7 ' 1Xn 3' MdatssM ia oorreoted to to read "Indemnitees";'1' XlBa *' "^ m i t l e a " la oorreoted P to read "Indemnitees";*2' XlBa *' "Indal,,nitieo" la oorreoted ?. On page 54, line 1 2 , "u.4" isoorreoted to read "ii.S", and . e n g a g e 58, line 4, "breach of" is corrected to read "breach igree to the execution^t"a^conim-min^311*2*, acknowledge and the Agreement of Transfer between Seller and NevcoT and Asaunotfon'"S??fa,1i, of Assunption dated June V8n dat* 5, 1 9 9 2 t0 a# f- i f It- -4- CAMC-Logiudice-003886 REDACTED DOCUMENT 6 . This Amendment may be execui-d ,, ._ Sgina!" tS aCh counterPart shall be deemed to h e ' CYPRUS MINERALS CORPORATION By: MZ AMERICA INC. By: Name: - T itle: -5- caMc- REDACTED DOCUMENT W "'UTOLS 303 6 ,3 53a, MlNOfctg p.UV-io w ^ 'a w if t v s OiTA *n CYPRDg ***** 6RMAT20f ' ayi ** *yi. USSap Htll co*>o m w N 5* I E c CAMC-Logiudice-003888