NCGNE0757_COMPLETE FILE - HISTORICAL_20170407

STORMWATER DIVISION CODING SHEET
NCG PERMITS
PERMIT NO.
NCGNE
DOC TYPE
IS HISTORICAL FILE
DOC DATE
p
YYYYMMDD

R E C E Ai"rE'D
4
APR 18 ^.917
Energy,Mineral & ec Aril 7 2017
Lsrc ti :.:.�:'�j sect?on p >
Land Resources
ENVIRONMENTAL QUALITY
Mr. Jacob D. Lubbe
Gateway Recycling, Inc.
DBA Gateway Recovery
173 Orbit Road
Statesville, NC 28677
Dear Mr. Lubbe:
ROY COOPER
Governor
MICHAEL S. REGAN
Secretory
TRACY DAVIS
Director
Subject: Name/Ownership Change Request
No Exposure Certification NCGNE0757
Gateway Recycling, Inc.
Formerly Gateway Recovery
Iredell County
The Division has reviewed your submittal of the permit name/ownership change form for the
subject No -Exposure Certification. Division personnel have reviewed and approved your
request to transfer the exclusion from NPDES stormwater permitting requirements.
Please note that by our original acceptance of the No -Exposure Certification and by our
approval of your request to transfer it, you are obligated to maintain no -exposure conditions
at your facility. If conditions change such that your facility can no longer qualify for the no -
exposure exclusion, you are obligated to immediately obtain NPDES permit coverage for
your stormwater discharge. Otherwise, the discharge becomes subject to enforcement as an
un-permitted discharge.
Annual re -certification is required, and we have enclosed one blank Annual No Exposure
Exclusion Self Re -Certification form for your use. Your certification of no exposure does
not affect your facility's legal requirements to obtain environmental permits that may be
required under other federal, state, or local regulations or ordinances.
If you have any questions or need further information, please contact the Stormwater
Permitting Program at [phone].
Sincerely,
Original Signed By
Richard L. Riddle
for Tracy E. Davis, P.E., CPM, Director
Division of Energy, Mineral and Land
cc: Mooresville Regional Office
Stormwater Permitting Program
Nothing Compares--,_.-
State of North Carolina I Environmental Quality I Energy. Mineral and Land Resources
512 N. Salisbury Street I Ib]2 Mail Service Center I Raleigh, North Carolina 27699-1b12
919 707 9200

Ar'� Division of Energy, Mineral & Land Resources
Land Quality Section/Stormwater Permitting
NCDENR National Pollutant Discharge Elimination System
PERMIT NAME/OWNERSHIP CHANGE FORM
EHnwogncM uo NartnK fisougees
YvL�'O
FOR AGENCY USE ONLY
Date Received
Year
Month
Day
1. Please enter the permit number for which the change is requested. , l C V r + E0 !'sj
NPDES Permit (or) Certificate of Coverage _
II. Permit status prior to requested change. 1 /�
a. Permit issued to (company name):t
b. Pers illegally, responsible for permit: (j r r�
av— 1 V t...'-� First / MI I "Kt
BAR20W1 Y✓rc;G1a--j
p 1�R g4g QUO&tom.
c. Facility name (discharge):
d. Facility address:
e. Facility contact person:
Title
Permit Holder Mailing Address
City State Zip
Phone Fax
/7; r/ 1
Address
City State Zip
First I MI I Last
Phone
III. Please provide the following for the requested change (revised permit).
a. Request for change is a result of Change in ownership of the facility
Name change of the facility or owner
1j'other please explain: I IQ
b. Permit issued to (company name): & o' joo e L Y"
c. Person legally responsible for permit: J U CyGh
First Ml Last
tP(o t"0t.4
Tit e
1 -�z Or h)l
Permit Holder Mailin Address
City State Zip
� �
670 3 S1 z l oic-al e t".Qy re co v�
Phone ,, -nail Address a r j,
d. Facility name (discharge): L Cic lCeG(
e. Facility address: Q r>> f p ry
�OZPtI V 1 ��� Addres I� �- 07� 72
City State
f. Facility contact person: uUak L�:'
First MI Last
Phone E i{ Address �o `_ �, ,' �
1V. Permit contact information (if different from the person legally responsible for the permit) V',`Jl 9�
Revised Jan. 27, 2014

NPDES PERMIT NAMEIOWNERSHIP CHANGE FORM
Page 2 of 2
Permit contact:
First MI Last
Title
Mailing Address
City State Zip
Phone E-mail Address
V. Will the permitted facility continue to conduct the same industrial activities conducted prior
to this ownership or name change?
Yes
No (please explain)
VI Required Items: THIS APPLICATION WILL BE RETURNED UNPROCESSED IF ITEMS
ARE INCOMPLETE OR MISSING:
[—t/ This completed application is required for both name change and/or ownership change
requests.
[� Legal documentation of the transfer of ownership (such as relevant pages of a contract deed,
or a bill of sale) is required for an ownership change request. Articles of incorporation are
not sufficient for an ownership change.
The certifications below must be completed and signed by both the permit holder prior to the change, and
the new applicant in the case of an ownership change request. For a name change request, the signed
Applicant's Certification is sufficient.
PERMIJTEE CERTIFICATION (Permit holder prior to ownership change):
1 Chorks , Iftftest that this application for a name/ownership change has been reviewed and is accurate and
complete to the best of my knowledge. I understand that if all required parts of this application are not
completed and that if all required supporting information is not included, this application package will be
returned as incomplete.
Signature Date
APPLICr,]WERTIFICATION
I 'ac attest that this application for a name/ownership change has been reviewed and is accurate and
complete to the best of my knowledge. I understand that if all required parts of this application are not
completed and that if all required supporting information is not included, this application package will be
returned as incomplete. ,g,, ,/
W2-cl /
ate
PLEASE SEND THE COMPLETE APPLICATION PACKAGE TO:
Division of Energy, Mineral and Land Resources
Stormwater Permitting Program
1612 Mail Service Center
Raleigh, North Carolina 27699-1612
Revised Jan. 27, 2014

BILL OF SALE AND ASSIGNMENT
GATEWAY RECOVERY, INC. ("Seller"), for and in consideration of two million seven
hundred thousand dollars ($2,700,000.00), the receipt and sufficiency of which is hereby
acknowledged, does hereby sell, assign, transfer, grant and convey unto GATEWAY
RECYCLING, INC. ("Purchaser"), Purchaser's successors and assigns, all of the right, title, and
interest of Seller in and to the assets of Seller used in its business (the `Business"), free and clear
of all liens, security, interests, leases, and other encumbrances, including the assets set forth
below (collectively, the "Assets"), but excluding the Excluded Assets set .forth in Section 1.13
below:
1.1. Tan 'ble Personal PropaM and Leasehold Improvements. All of
Seller's tangible assets, including all furniture, fixtures, equipment, vehicles, tools, computer
hardware and computer peripherals, materials, and supplies (collectively, the "Tangible Personal
Property"), and leasehold improvements owned by Seller. The Tangible Personal Property
includes the personal property listed on Schedule 1.1 hereto.
1.2. Invento Seller'snarketable inventory of scrap metal located at 173
Orbit Road, Statesville, North Carolina 28677 (the "Premises") on the date hereof with a fair
market value of $200,000 (the "Working Capital Inventory"), Seller's marketable inventory of
scrap metal at the Premises on the date hereof that is being held by Seller on consignment (the
"Consignment Inventory"), and Seller's, marketable inventory of scrap metal at the Premises on
the date hereof that is not included as Working Capital Inventory, Consignment Inventory, or
Payables in Transit (the "Remaining Inventory" and together with the Working Capital Inventory
and Consignment Inventory, the "Inventory").- The Inventory includes the items listed on
Schedule 1.2 attached to the parties' Asset Purchase Agreement dated December 6, 2016 (the
"Asset Purchase Agreement'
1.3. Records. All of Seller's records, including electronic records, relating to
the operation of the Business, including customer records; supplier records; employee records;
financial records; database files; and all other books, records,'Sles, and documents relating to the
Assets or arising out of or in connection with the Business.
1.4. Contracts. All of Seller's rights, powers, obligations, and remedies under
those, material contracts set forth on.Schedule 1.4 attached to the Asset Purchase Agreement,
1.5. Licenses. All franchises, licenses, permits, authorizations, approvals,
consents, and other rights, used in connection with the Business (collectively, the "Licenses"), if.
and to'the extent that they may be lawfully transferred by Seller to Purchaser. Seller will provide
Purchaser reasonable assistance post -closing to obtain the Licenses in Purchaser's name.
1.6. Warranties. All warranties, rights, and claims of Seller under all existing
manufacturer's warranties relating to any of the Assets.
.1.7. Intellectual Property. All of Seller's intellectual property rights
pertaining to the Business, including all service mark, trademark, and trade name rights in the
name "Gateway Recovery," all logos usedin the Business, Seller's domain name

"www.gatewayrecovery.net," the associated website, including content and software, any other
URLs registered by Seller, social media pages, art, -graphics, copy, marketing plans and
strategies, and all trade secrets and confidential information owned by Seller or otherwise
material to the Business.
1.8. Goodwill. All of Seller's goodwill as a going concern relating to the
Business.
1.9. Telephone Numbers:and Listins;E-Mall Addresses. Seller's telephone
numbers and facsimile numbers, and all e-mail addresses, and telephone book listings pertaining
to the Business.
1.10. Software. All of Seller's computer software, media, programs, licenses,
and documentation used in the Business and all data and information contained therein, and all
manuals, documentation, and code related thereto, to the extent that they may be lawfully
transferred to Purchaser.
1.11. Advertising. All of Seller's existing advertising and promotional
materials.
1.12. Other Assets. All other assets of every kind and nature owned by Seller
and used in connection with the Business, except for the Excluded Assets.
1.13. Excluded Assets. "Excluded Assets" rneans (a) SelIer's cash and cash
equivalents as of the date hereof; (b) money. in bank accounts and in other accounts as of the date
hereof; (c) accounts receivable arising from goods sold -or services provided by Seller on or prior
to December 6, 2016; (d) Seller's deposits; (e) Seller's company record books; (f) SelIer's
records relating solely to (i) liabilities of the Business not assumed by Purchaser hereunder, or
(ii) assets specifically excluded under this Section 1.13; (g) cellular telephone plans and
equipment used by the Charles J. Rowe and his family; and (h) those assets set forth on Schedule
1.13 attached to the Asset Purchase Agreement.
To have and to hold the same .unto Purchaser, Purchaser's successors and assigns,
forever. Seller covenants and agrees to and with Purchaser, Purchaser's successors and assigns,
to warrant and defend the sale of the property against all and every person or persons whomever.
The terms of the parties' Asset Purchase Agreement, dated as of December 6, 2016, are
incorporated herein by reference. Capitalized terms used but not defined herein shall have the
meanings given 'such terms in the Asset Purchase Agreement. Nothing contained in this Bill of
Sale and Assignment, express or implied, is intended to or shall in any way be construed to
modify, expand, limit, or otherwise affect the provisions of the Asset Purchase -Agreement. To
the extent that any provision of this Bill of Sale and Assignment conflicts or is inconsistent with
the terms of the Asset Purchase Agreement, the Asset Purchase Agreement shall govern.
[Signature. Page to Follow.]

IN WITNESS WHEREOF, Seller has executed this Bill of Sale and Assignment on December 7,
2016, effective December 8, 2016.
GATEWAY RECOVERY, INC.
By:
Char es J. Rowe, President
STATE OF NORTH CAROLINA )
_ ) 5s.
COUNTY OF __ sy Io )
The foregoing instrument was acknowledged before me by Charles J. Rowe as President
of Gateway Recovery, Inc. on December 7, 2016.
My Commission expires_ G- rg-`Z2`
Witness my hand and official seal.
Notary Public
OUASUPSONS
NOTARY PUBLK
ftrali'c�
Chan lane it. 2W

Schedule 1.1
Tangible Personal Property
12/6/2016
Quanity
Serial number
HRB Baler
1
1731
L&P Strapper for HRB
1
3742
Excel Baler
1
HV 1091
Shaker Table
1
B7619
Shear, McIntyre
1
204E
Gensco Portable Shear
1
LS1511
Wire Stripper
1
7087
Stretch Wrapper
1
7DI90371001182
Scale #1 (1Ok)
1
Scale #2 (5k)
I
Scale #3 (5k)
1
Scale #4 (5k)
1
Bobcat #4
1
335051
Bobcat #5
1
A3NT15432
Grapple Bucket A
1
456107004
Grapple Bucket B
1
456107116
Forklift #6 - 5k
1
78607
Forklift #8 - 5k
1
15964
Forklift. #9 - 3k
1
10397
Forklift #10 - 5k
1
404626
Forklift #11 - 5k
1
66590
Squeeze rotator A
I
TL 1115771
Squeeze rotator B
1
H984800
Box clamp A
I
7954918TO4
Box clamp B
1
1670573
Electric pallet jack
1
22762
113 Steel Boxes, 1.4 yd
113
93 Steel Bins, 0.7 yd
93
627 Totes, NF
627
118 Totes, Fe
118
Innovex Delta
1
500154
Innovex Delta Classic
1
561412
ROM Software
1
5800
Server
I
Desktop computers (10)
10
Laptop computers (2)
2
Phone system
I
Tractor24, 2003 Mack
I
1M1AA18Y53W151564
Tractor 26, 2007 Mack
I
1M1AK06Y47N021751
Schedule ] . i

Tractor 27, 2012 Mack
12 Open top trailers
72 Van trailers
17 Storage trailers
1 Flatbed trailer
Benlee R/O trailer
Ace R/O trailer
28 Roll off boxes
1997 Toyota T 100
2010 Toyota Camry
2014 Dodge Charger
Total value
1
t2
72
17
1
1
1
28
1
1
Schedule 1.1
I M I AW07Y3CM017189
IB9A12627DB180018
I B9RA4023 DC941003
JT4TN 12D4V0029206
JT4TN 12D4V0029206
2C3CDSHG7EH235093
A

W
ASSET P' U' lk"C- F ['A,' _S E' , 'A � G_'R i E* M_­EjN Tf
rz-
C V
,�r)
MAR2 0
Gitewa -y Recycling,Inc.,In-a,14okh'C ii- (�-Piirchitsde j,,Gat6wkY Recoivdry, Inc., a
- 9.
North Carolina corporation"(:"Seller"}, and.Charld . J., Rqwei­ an,individual entcrjnO this
Asset Purchase Agitiphe'n't (this,"Agrepment'.) dated Dedtffibe'r. 6, 20 6.,
RECITALS'.
A. Sdiir, is ejfgaged`i&.the .business of: acyuiiinTecycling, ,and'.iellifig§cM'P'
rdetaljthe Ifusin'&_s's'J. Th ei-,guiifiesig,'Is, lo6fed','it 173 i Road;-Statesville,14ith-C'4fo . iini,.;8677
B. Sel[O',duifes',toise ll;substahtiOly, idl, of the4 assets, of the ,Business toTurchaser, and
-Purchaser &sires'tq,,Pu­T�hae;sUb assets - of i the! gus Lin ess' I "purs.4antito from, Seller the. terms sef, forth
'
belOw.
N6w, bmiuoRE,I, in''i'c'onsidirafidh of the-Ibrej6ifig 6& the mutual co-vehanits,. promises,
ag.reeIngpt's, rep tifi es di rqsep qq�,,Waffaxiti :and con tions contWhed'herein, agree as Ilows:
brcbpeind-Sale-biAssets. bM the terms4nd'subje6vio the 66iditions�sk forth ifi.thi]s
Agreement. Selig r fthaser. agrgeS to
*C*e,.;a&ept, and ki�q_ Oire'.ft6i'�'Silldr�; ill tof.ifi�:�i of Seller'in and,to th� assets
of Seller used in th e,Busiii6ss_I (the:as . sqtS errid pur-siaAi- to &S. Agreement. arc collectively . I _�Jqig tratisf
o-- her e-in . as the but, exc u t,- E�clud diriji4imSec-66n IA3).
r-e- tifitd', t ed', As�ets, (as
*, "' "•: -:. tri
Except ,as. -provided heicin r With -fesod toAhe. Lease;-, 66.Remainmg Ventor--y kna:iheC8nM&rncnt
11*6.twy�,the Assets, shall lbel,traniieired;t6,,Ourch'a',-r�i.'7' 66&`,�and I,.:&lidr, of`ahy;-ima..All "Iteps;. security
interests; di.
!s,Ieases;oro erencurn rances of Whatever nitur .-. The Assets.'include M the �NWWino:
111.
tangible assets; �ricluding ails ftirxiittire,,` fiit6ies,equ biiio­
t" ��e 'cle
compytpr peripherals,. materials; and, supplies ;(collectively,, -1&-."-D
Me Personal ts erso 4easehold,Ai74rovetheb r o"id b�., Seller
property i4tid `On'9ch6'ddI iil.11' ,hgreito_. .
j!j&oveMen , All of'selei',S.
t - hardware 'and too S,- COMN
iigibt*le 6-hfiail L 'Property"
r6p , er . ty) anti`.
iii4erty. 4n6luaes' tfie Personal'
jtiVene
td Sell' 'S. MijkCiab, 'm�ml',av th-eTrdinis , r e inven ry,ott��Ojt es onthe
:Date afair,`
$160,000 ji:i�
Closifig , ' i­tniAetValUe (thp, pr.. g Capital limtritory'), '9616, S
e t- -oneCI in held xiiAdiabl inventory -vent o-ty- 6 scrap,, the' ds 9 _,abY. SOIld or : jL
g..
maike fab inventory
consignment "Cons ignin vind,giileesle invc y etal -at the.
pt, nveV!!ory
6f incitt6a, onswment
Premises oil -the, dos" "' ,Date thif:i�,n' A !:a�- *6AEQ ;Capital Inventory, 'C'
.in Iry,
.9 - - - � -e .." 1.11 , .,z
`!&Mtory'. or. Pqqbles-'ih'TiijisiV(thd R") Imi A��,W6 ­ 'Capital
en y"and.togetherwith
ns!&=�erxt iil�ent6j��, I�Y, �he -Invento , ryiXoudis the -items liked, on-
-�nVentory.-and�Co Irive.ato T,
-Schedfile emto.
0 2,h
-13, -Records. Ali',, bi - §eIt6ri:- ie&rds,,..j`nc-lu"g eleiidtonic.- records.. relating, -to the,
' opinti n of. the, Bustness, ;including 6uA664r., d, 'supplier records,'
.,employee.
-,k4p .;.,epap oyee. recor&—fifiancial"
,!words;, datitbaseBe$; and.'aftdiher-b,6 -,-kl§
0 Ot" recoro
out of or, in connection with the Businesslcolkct!v4, t� .-46C�kl.

1.4. 'Contracts: All<ofeller's;sights; powers;tobligations;;asd,reniedies:wider�those
inaterial'cbntracts set forth on'Schedule-1:4:(the"Assu�tted'Contiscts°')'; H
L& Licenses.. All. franchises;.,licenses,,-permits; atithorizations, .approvals, consents,.
and. other rigbts;,used: in connection-wi h th6:Business (collectively, the "I:icenaes'), if:and4ta the extent
,th I they may'be;lawfiilly;transferred•by Seller to Purchaser. Seller `will' provi�cle Ptircl►aser reasonable
assistance:p6st-closing to ;obtain the�liceiises in:Piucl3aser's.naine .
-- <
4:6: Warranties. All warranties„ rights, axid clainns,4.:Sellet, 'under -gall' existing
manufacturer's wairasitie§ relating.to any: of the Assets.:
1.7.. Intetlectusl;Prrtierty. All:of 5eller's;intellecfuat=property/rigtits peztaining,to the
.Business; including all` service , maiic; "trademark, and ;trade name .`rights . in the name _ "Gateway
Recovery;" all ,loges used' in. the Business, `Seller's'�`diimairi� tiarne: "www.gatewayreco�erymet," the
associated-wc6; ite,;incl'uding+content and•soifi are,5 any,otlier bRLs:'reg stered'. iy'Seller, social media.
,pages, art, g�•aphic;I "copy, riiark'eting plans and .strategyes;-.and.+,all''trade .secrets and confidential
iriforriiatibn owned by Seller. or othervv�se material °to the Business.
1.8.: - Goodwill: All�of Seller's.goodwill:4s a;going,concem relating,to.the:Business:
1.9. Telenhonc -Nunebersr-snd Lisiinik_ E4iai1' Addresses: 'Seller's- telephone,
numbers and facsiriiile.numbers;"and all email adnresses; and telepkone bOk listings.pertaiGuing fo tYie.
Business.
;1,10 ; So are,:rAll of Seller's .carriputer' soliware; -rnedia, programs, 'licenses, -and
documentation used"is the Business . and 1 all F data and; information, contained therein , slid{ alit inanual5;
doeumentatton,, and. c e related theretci ,'(collectively; "`Software';" to the> d�dent-tliav, ey; may l e
'lawfully transferieci to'Pui�cl�ser: - - - • - '
Adeirtising. Ali af,Seller's existing advertising and..proinotignal,niaierials:
1.1 ;Other Assets: Allrothei assets af•every kind andbidure o_ wned,b S_elle'r•and.used
in connection with the"Business, except fo`r the:Excluded"Assets:-
1:13.. Excluded. Assets:. -As -.used -in'• this, Agreement,, "Excluded Assets" means. (a)
Seller<'s cm6,and'cash - ui�alents as;of.ihe,bl ing Date (as defined in'Section 4 1); (b):rxioney-ih baiilc
accounts and in other accounts as of the Closing Date; (c) accounts receivable-artsirig fro>n:goods'sold or
seMces'provided by. Seller,on°or:prior to!th'eEftie ve,Trine ,(d) Sellei's:eiepasits;,(e)'Seller's company
record' books; (f) Seller's° records relating solely tub{i)' liabilWes-,,of'the:'Susmessi not assumed by
Purchaser-hemunder;,or (i.i)•assets.spec�fically exeluded under;this`Seetian-1.13,,(g) cellular.telebadne
plans and equipment used! by ihe:. Poncipal` and, his f unft; and (h) those •assets set forth on' Schedule.
Z; Purctia`se Pace ana�Payiaerit:� Subject to tl e:adjustirients disci''ibedj�iplow, the &refiase
price to: -lie. paid liy Purchaser, t ' Seller far the -;Assets (either th'a i� the Cans gament inventory sad .the
is'rnw a .

;Remaining, lnventory} is $2;7U0,{t00,.(the.' Purchase Price":}:. `�Thd Purehase'.Psice: shall; be.payable.:as..
follows: . _ - , .. .. .. - --. _
',Earnest.Money DgRoAL: ,
`2.1.1:.;An initial earnest money, eposii'has been dLposifed in>the.trust :account
;of Purchaser'sicounsel,'Izbiky & Associates PLLC;(',P�rcha`s_er's Counsell'in the, amount, of $30;000:.
The earnestmoney, depo5tt.`sliall,be-applied tothe'PurchasePrice'at1he7Closingreturned to'Purchaser
if fist"s:bremsacti©n cloes:not'cii�se;due to;tlie�failRire of.a condition-seV bith in Section'S.5`to be!s' sfied;,
,._.
or paid,io'Seller rf Purchaser'does;not:close thiis•'tisnsaction fgr;a-•reason'�bther.thah-. failure of,a
condition:set?foith`in�Section•5.5 to'be.satisfiW. .
2:2.. Binds Diie et':Clasini., At46 Closing,`Purcbaser, 5ha11'pay Seller,$1;70D,QOCI, in
_i'mmediately4vailal le fiinds; subjec( adjust neat as;seVforth,liereiri
23. Pz'omisiary Note. A►t the Closing,.•Purchaser shall;ni i,a promissorynote (the
"Note") payable to'Selle_r in -,-hie principal,aroount_of $-750,000 plus:interest at the rate,of 6% per year,
231:. ''I he.Note shall ;be•payable'over-ten' years'(i:'e:,. i 120 month term), with
interest at the rate' of b%,� per'year No payments�`,iball' bc-; due under'.. the-. Note .until ,the second
anniversary of:the Closing.Date;: interest:shail accrue.during that period, _ana,it,shial',be'ad_ded to the,
theiipal: Subject to the' n-outstanding prncoccudence of a Principal Iacrease.Eveht'(defined belavv},-on.
the `second anniversaiy of the Closing' Daie;;an"n;tl e:same:date of each -month :theiea_her, Purchaser.
shall_'niake a`totah,of'ninety six.•e.qualkmonthly: payrnenis•:of.,prii:cipal' arid' interest,invthe-arnount' of
.$I L109:37 td'Seller until the-Note`is paiu',in full: The Note shall•.be secured;by:s seciirity'interest in .the
Asse�ts,`by means of a security agreemen[ [the:"Security: Agreement".), .which lien shad Se subordinated
to the'lie-n of 'Steaifns Bank; :the •'hender'r'providing fuiancirig.,to, Purchaser .for this tiaasaction (the
..< -
Leiide 'I) on terms customary fqf like transactrohs and•seasoriablysatisfactory to',Seller. At the.Closizig,
;Seller shall.execute-any cgri�e`sponding subordination.SagreemenLs, and'other,documents, regvired:by,tlie
Lander: Ttie Note;shall.providefor a;ten day written notice and nght�.ti� ,no-prepayment•penalty;
and,tht Seller -shall have customaryreinedies•uponr'default. Jaco( §l; bbe;s#iall personaily guaranty�the
- �_ - , --
payiiSents owed undei.the Note;,
.2,3 2 The' Note'shahl proiride foi,arten;day grace ppriod,-a late.charge of5°!fl on
paynients:not made .within 'such,tcn'.day grace,penod, acceleration upon default after an,additionaf ten
days•wiitten notice and'rightkta.cure; idefault=rate of ipterest.ofY12%per'}►ear, nn,Prepaymentpenalty,
_..
and the then outstanding balance of the Note shahl_lie;due on the sale of the Business, upon a change of
control of Purchaser; or upon aiiy. action iif,'banlcriiptcy by Purchaser. Notvirithsta:zding the foregoing„ the
,payment,terms of.the Note are subject tithe apprbval of the Leniier acid Wady be modified as necessary to
.satisfy -,Lender's requuiemen'ts if.:Seller oth`erwik. agues =to :such mod cations aft co�nsultatxon'with
Purchaser and'Lender regarding suc.-rpquu'einents;,Whichtiagreement•sltall not be unreasonal;ly withheld'or
:delayed: � _ .. - - r _ -
23.1 The ;Not6-.shdl I.provide, for San, increase 'n` ihe,,pii 6tW balance owed
under the Note if.l:ender fails;to make paymcnts,of the Lender Holdback to'Seller,whcn sucbi payments,
:.
•would'be;due if1'urchaser and'Lender;satisfied,all oftlieirrespective obligations.sucliithatLerider�was
required.to,release,the-L:ender,Holdback=as.descrilaeiiin Sectiim�2.4,{a'"Principat• Increase! Event
.Upon:the occuirre a of a Principal; increase Event •(a},the.amount &a.v' rider fails..to,pay Seller shall'
(J
Id77l91.6 -
3

+be added},€o the then=outstadding;pnnciPal'of.the Note; {b)Jii6h increased;principai`amaunt shall be
amordied.ovei.the remaining term ,of ttie Note, "and {c);provided+Purchaser cs not-inrde ult+under the
_Note, Purchaser shalf'make:e4ualy_ thly payiirents of"principal aqd interest to Seller, as°acljustcd+for.
the;increased•principal Embo.6t, until,the.Note'is paia;in frill' -
;23.4. The Note shall;�be�siibJect•to-a''right,otsetoff.as,follows...If,,after,the.
'Effective',-T'me;(as;'defined.in Section`5`.1-},,Purcli g:,'lias;p,indemnity cla m:pt rmmt•to Seddon 9.1,
'then; Purchaser. shall,provide Seller with written notice: iif srich' clkkm Seller dial �fiave, thirty, days
s
within,whach,to resolve:such+claim,orkto prov�cle,writteii`nohce.that Seller desputes sitch,clairti:: if Seller,
. does not resolve such;claim to the , reasonable'sadsfaction ofi Purchaser, or dispute sb6h . claim within
such' thirty-4ay.p i6d, then Pufcliaser.Ti y pdy,"such,.ar4 unt(s) and -receive a;credit•to be applied to the
next due monthly iustallrnent(s) under the,Note pup to the am -u_ qs_ . so paid by Purrliaser.
.4, . 'Lender. Soldbackc :Pursuant to:. the 'endei•.s, requrements;►50,000 of they
Pi mhase•:Price:shall+be,delivered to-t1 c4i;e der':at.the,Closing.,(the;' LUndet-Holdback;').. On or about
each: of the first three anniversaries.of, tlie; Closing. Date,'the. Lender shall .release $83;334 -to •Seller,
eXcept."in #lie iv' -of "a defaultg:by: Piucliaser;underfany=of�.the agreements. betyveegr'P=haser' and
- - „.
.L:ettdei,. in which case Le-nde'r shillA retain, any,' unpaid ;amounts nf, &-Lender Holdback. -Seller, shall
execute such.reasonable docetmerlts-aslieq csted by,the Lender.to�give effect to the•Lender Holdback:
I. Jnveutory Price, Prior;to'Closing; Seller will `run as iaventory,repgrt from its'Rucyclirig
Operations. Manager' (ROM) .tracking software ;of ��a[l �inveritory_'iteins arod will conduct a : Fhysical
Tt •
:inveritnry:of any Paystiles in TcanSit,{aS;defined in°Section 8):-From.the date•of-#lie=inventoryreport•to,
the; Effe Time, all` clianges to' Inventory (if+'any}'well be'tracked bYy Seller: } Tfi , Working Calaital
.Inventory;,the,•Paytibi6s;iii�'Transit.,and'the(other' Assets described in,SectionI sh_ali b,64ansferred'to
,.
�Purcliaser•it the Effective Time:ii exchange foi�tbe Eurclissc Price.-Tlre.prsce,to be paid by Purcliasei to
Seller. 'for. the �.Consignment 'inventory `arid f the `Remasning Inventiorya(the "InveritciryPrice") ",shall be
payable a's,foligvvs'. , .
3:1.'Con sitrnment Iiiventyry:, The -Inventory Pfim-for the,.Coir"s�gtrmentIiavcntory
tshall' be deteimined'upon•the:s _ of d of -the ConSijA_Mcnt Inventory and siiall'equal'tl elesser of (a}•
$i0,0U0;.or (b)'S0%;of the aggregate grossprofit(i.a,,sales,pnce.lesspu'N!Wc,price)-from the`sale of
all' of the'ConsignirientInventory: - - - . -
JI ,1kemalriini'li3ventory 'The Inveptory,Price for,,the:Remiib.i ig_Inventory,shall be
j determined on' -an item=by-iteFn baasis'and the Inventor �Pri foi each item-ofRemainingrIn 'e'nfoiy�shall
equai.the actual price tl at'Seller has;paid,(c}r v�nll�Pay)'for''siich'itern of Reniainirigflnveiitnry as set3fastli
'Ion the 1tE3M:inventory.rreport on the,Cµlosing Date 0.as such ' "" nt: maybe adjusted'ta the_4i� teal amount
paid liy Seller,relating :to purchase tickets`outstanding,as;ofthe,Effective TiMc.
`3:3: Payment of thelnventory_ Price: Be ing'on,the- 6Aee th`(15ih):ofd gm
the7sec T
calendar m6nth-after the Closing Date acid on the fifWenth;,,(l5tlij'oifeach montli;tliereafter;-Purclaser
shall deliver to!Seller'by wire transfer' W'certified.check the+Inventory+Price,of each item of Remaining
'Ihventory'or all oft he'Consigiicnent Inventory transferred hereunder, that is sola!in the'pr or month.:
v .� . . - F. . .. - . .. _ , - -
7 777MA
4

�4. Allueatioits�:l'ro-rations..
,4J.. -Allosid6ns it -the Niihase*rice-. Thd') ur h ' Price'shall'be•allocated among,
,_
fife Assetsn accordance with'the allocation set .forth in*Schedule 4 1 Each of the parties shall report the
• purchase and sale -of the, Assets: in -accordance=with such ;allocation foi' federal,'state; and ,lacal .tak.
purposes, including such reports.�to.,be, il`cd 'on Internet Revenue ,Service Form, 8594 by 'each of the
4�2 Pru-ratlons�+sits All items of ercpense regarding the Assets.or the Business
that'praperly apply, to.penods'comiaencing pnor to and'endXng after'the Efl'ective;Time shall >,e prorated
-ibetween Sellef and Purchaser as of';the,'Eff&nve Time.,These items shall-includ .4 applicable; personal'
property-isxcs; prepaid expenses, andcustomer deposits.=If:Sellerhas;paid a deposi# to a t ii party; and.
thet`third party, will�mtairi such deposits far,t3tic benefit of Purchaser"fol_lowin$ the'Ctosing_; Purchaser
will reiimbiirse: Seller for such deposit at tbe;'losing.-
5. Tbe:Closin
•y5:1 The Closfne. Upon"the,teims and'subject to the�cbnditiotis•of-th►s A".
gthe
Closing shilttake piece on pr_tiefare December. 8; 2416 (the ".CL'os Date', at'such°tim and:place,as
is agreed:upan by tlie.parties, The Closing shall�be effective;as of�l°2:011 a:'m:.on file oay a8ei file Glosirig.
,Dat, ;(the"Effective Timo., w - Y 4
:5.2: sellerls, aiaa Princin l's°_-Deliveries..Af..the'.Closing, ,`Silica shall •.exeaiite� and,
deliver to•Purctiaser a;bill:of sale and'assig=ent and:Vehiole.titles endorsed for.transfer to Purchaser,
'Sellex' aril'Principal, shall • executPeu'chaser •, a :non-com. ition .. snd non -solicitation
:agreemesitas'proviiled'for in Section}? 7;'Setlersliall deliver°.t1ie Lease',(as defined in Section ,7,9}; and
., ;
Seller'shall deliver to'Pulchaser appropriate conipany.resolutions.approving #lus:transaction.-In,addition;
:Seller*,and Principal shall execute and deliver other doctunents at�'the,Closing as.apprapriate::Any.title
:transfer fees relat�g;to thie tran5fei of vehicle utles,heieunder shall°be'paid ley Purchaser: -
5:3. :n1r6nie0s Deliveries:=• AAia the'Closiiig, `Purchase shall pay to : Seller. `the: cash
•portion�of.the Purchase Pfice,-as'adjusted as set forth•Herein;'detiVer.the,t.ender3Hbldliack�ta 'the Lender;
and Purchaser •shall, execute rand deliver to tSeueru Nie'Lease, : Nate, lieasonal.,guamtn , and -:Security
Agreemot,,and appidpri6i-corripan re
`.solutionsapgroviii$Ais transaction.'In+addition. Pur-chaser shall'
execute and..deliver other,doc c'nts at.lie Closing as appropriate: -
5A;: Setler.!S-•Coiiditioimsi to -Close. Sellers. ofiligation to close the trarisa bons
contemplated herebi at-tie:Clasiag shall'1 e'snliject to'Seller's"receipt of Purchaser's deliveries -set forth
in-Sectioii 5:3:and the.complete'satisfacti'-- and+fulfillment:of.all;afthe following conditions;precedent;..
any, or •all of which, may, be waived in wfiole :ar in .pelt �liy� Seller .(but no such waiver` of any .such
condition precedent-:shall`!be ar••consiitute,a•'waiver, of any other covenant, ,promise; ,agreement,
�iepresentation; or warranty madeliy-Purcha`ser.m this Ageemerit):;.
5:4'.I.-, All representations.a_ nd;warrantiesimade by•Purchaser-in.this,A:greement
shall-be.true and-accurate-as,of the ClosirigDate:

5A.L A11 -covenants; promise's; . an&,agreeS eft, made by Purchaser in this.
Agreenient-and:all 'other, actions required 'to; be,peiformed `or complied with by.Turi-- a' ser,ufidei this
Agreement prior.to or:at-the Closing.sioIiave.been Qly;performed oracompl ed with by Purchaser.
5:4.3:, Vibe parties shall' have; acting, in good. faith, agreed, upon the items• that,
,pursiiant to the ternis.of this'Agreemetit, are, to+be`agreed�,upon.by the,part�es`.prior to tlie-Closing;
o
Which items include,the term-s'af,thei Glosing:documents.
5:5:. :PuichasWs'Cnridittons to Close:fPurchaser's obligation to.clgse Ai,trinsactions
*contemplAdd hereby k.thCC16ssng shall's6e-subject'to.,Purchaser's. receipt'of Seder's,and 'Principai's-
-aeliveries,set f�iih- in Section 5!2:end�:tl e,complete satisfaction,andTfulfill Ent of, all f6f the following,
conditions ,precedent;,any.or all,of which,i6y,be-.waived id'whoie or. in, part .bV Purchaser;(but no such
�wajver: of• any ;such :condition.�precedeiit ;shall`. lze� or. constitute -a waiver. cif' any covenant,' promise,
agreement jepresentation; or,warranty mtide by .S eller.'or Principal iu" this' Agreemciit):.
0A.' All repres6i ions made=�by `Seller -.and •Principal • M'. this
-Agreement�Asll-be-true and accurate�asLbf,,ttie Closing Dateu
5:5.Z ..-All;coveriants ,promises;,4nd agre! iments.h"Ae,by 5e11er-,and/&,Priricipal
'inlhis Agreement and all.othertactionsoreguired1d,be performed ar complied:with 6y,SeH` aad/or
Principal under this Agreement prior`�to,orsat theClosing�shall:•have,beea�fuliypeifottned or complied
with by.Seller artd/or.Principal;
S:S:3: There Lis no material; ad�erse'change-in�the Business -or the.Assets on or,
.5:5.4::Purcliaser sliall'liave rdce'iVed,a',written4&m comtiiitment ftm.Lender:for
crngof the, the 1"iusri, 6r 7actton�• contemplated:fiereby .on terms .,acceptable to in its :so Puio3►aser le'
discietion,:anc1 such loan shall be; funded`at thq�Closin�g i
5:5:5. The' parttes=;sha11 shave, a'c ng;in; good faith; agreed•.upan, the
Item,
virhicli '
itemstha
tothefClosug,pursunoAe-terms••ofthism+to. be�agreed;up9n,byithi tpaiiies,ppor•,
items.iiclude.tiemd .gocuments:
_
5:6. :Notice of Terini�iation:=Purchaser and,Seller.each:`shallj.have until.and including
the Closing,Date to."notiiy'tbe,"other=party xn�writing;that �t is terra+nat�ixg'& Agreement because a
condition set frith rzi Sections,5 S;or 5:6"as:applicable;^,has'not;lieen satisfied.' Upon•termmatton;;this.
Agreement shall became.null „and Ovoid; ,all parties . Shall t-be . fully and ' completely rele' sid{l"erefront
(except � for.;tlie aonfidentiality:obligattotis.;:set forth ui'Sectran�,11);s sail `each;party shall promptly return
to.the; others all documents,, materials; and'�Confideatial :.lnforination (as defined ii� S"oe_n 1 l )_-bf `such
other parties then m1 thc. Receiving "Parry's (as & ed'in Section. l•1);possession.. Upon termination of
this Agreemem;pursuant to-thisSectiofi S.b, the>earnest•rnone}r deposi#;shall,be.harOed in;accardance
with Section'2: I -It. _
�3�e

!6. %yreseietnd4ns and"Warrsntles:
ti.1. Renresentationg`aid•W��ties�bv�Seller'Rnd Priridpsl:Sellar.andFriacipal,
jointly and severally, represent avid wai-rant!to Purchaser asfallows:
61.1; -TitleA6 t;se Assets.'Wler hastgoodRaud-•rnerchantablc-tidc�to, aft of tlie,
;Assets; ar„as-td Software, valid software:iicenses.,
A-1.Z:.• Assets: Transferred. Free.'of^i�en,�:.Except es. provided herein with-
_ :_• -
;ro&d;to, thi seine; the Remaining ,Inventory and the Consignrne:it�Iniienio ; tt�e,AssetsRwitl be.
tY-
transferred atjthe Closing free and,clear of any liens,' encumbrances,�or claims iif any natuce,rincluding
liens {for taxes; except foi sales.or use taxes`arisipg' from the,s. e l ereunder;;gili cli Ps�rcl aser shall' -pay..
is 13: 'Condition and Sufficiency; 4,Assets. Eacfl'. item, of, Tangible Personal.
Property is:in good;opecating coalition,and"repaii and'free of defect<S;:subject to ordinary vi+ear:aud tear,
and ' has.,been reasonabl}r . maintained. The .'Assets ;are sufficient, for the 5contiiiued •conduct;. of the
�-
Business.after,the.Closing`in sutistaiitialfy the: samet,manner as coniiNted-prior•to the,Gtosing;and
constitutes all of, the f ng�ts,;}propeity! and assets, irecessary'to ,cd'nduct ,the -Busirtess,.sitbstautially as,
currently.condudta None pfthe ;Excluded•Assets aie material'to'the Business.
6:1:4. , Liventor.: Tiie Inventory is iri.ainotiiits;ranl is of a type; consistent with
that maintainediby;Seller iii the''ordin*r course o IBusiness consisteawith past practice:
161 5., 'insurance.: Since-Ja ivary 1,,.2015; .(a),'Seller �hasrrecetveA= o notice of
default, cancellation; or terrninati6wwith resp' a". any.of its existing insurance polices; and (b) Seller
}
,hasznot Been refiised an}i. insurance, nor has coverage, been reduced,. with resgcci,to-any-aspect of its .
operations Theme •are; no pending `or,? tQ" t ie'Knowledge of fthdipal tlireatenal,.'.(Bputes relatm .to
coverage ar other"disputed elaims-,under any of seller!s�ibsurance,policies:• Since;'January.1, 2015; there
have.b'een no material+claiiins rude under.;aay insurance policy of:Sellrr; in'any way,ralating; to'.the .
,Business that have n it icen disclosed'Ito Piu�cliaki by ,,Seller's -insurance ageni: 'Seller:-.ha_s ,p_ ioyided
P�er wittiia list'of'"iaisurance�poixcies cup tW inaintainediby'Sekler. .
6;1:6.- Tax.•Matter� ;Seller has'binily filed -all federal, .state, 'and,f local• to
retains or reports re'uircd;,to be filed by Seller: Seller�hasf'paid,; ©r� ibas'properly provided` fora"their
payment.when'due;,all�federal;,:sta'te;cand,iocal'taxes=,{andfall' interest,.;Ities„ar additioi�stci tax
thereon;, if*.any?; iiicludirig.all income; sales,,, use,' property, ipayroll; :unemployment withholding;,
occupation, gross-receipts;^value,addeds excise; and'"estimated taxes,due or,which!later;becorne,d_ue:and
..y N
payable by Seller -with respect to;.all taxable periods;iip to and ►ricludit�g the•period''fending on.,the:
Elosing:)ate ''There are no, due and unpaid:assessmenis oi;proposals,by;any taxi_.&T. horny for taxes
forwiiich Seller does not have•aoequate ivser` es,, 6m'are no`'periding audits'of Seller; and' Sell&Ias.
�."
'riot waived restrictions on assessment or collection of taxes.or consented to'the:extensian of any statute,
of ltinitations,related to.any federal;'state, or lircal-taxes., All'taxes that Seller is°or was°:required by law
to: wythhold' or doll ect".have :.beeri,duly withheld .or collected sisd; to the _extent required, have"beed,paid
to the proper governmental' or rein atoryofficial„body,;or;ai►thority�("Goyemmeritiil�Authority''}, or
person:.
4 A
MA94.
(V

6.1.7.,.CoMh lance.*vith t,sws: To' the: actual: knowledge 'ofT incipal, after, due
inqu�Fy Seller atid'the Business are in su> stantial rAmpliance with,all taws„`statutes, riiles`,.regulatioas;
:&odes ,and ordinances of;any Go�erriniental Aiitliority (caihecti'vel'y; "Laws';) that'epply to the Business,
or the.Assets. Neither, Seller nor Prinicipaihas'mceived any written of oral) notice:that-Seiler or the
Business is not in comp}iarice with'any:Laws: f
-6.1.9. Licenses ;To the=actual knowledge of Principal; after due. inquiry, Seller
,has,all'L•icenses.npcessary'to 6perate5the:.Business;.and except as provided on. Schedule 6.1:S;:the
Licenses. are valid.':and: in, effect .&hWifle 6.I:S'sets.'forth►s complete iand--accurate, list'�of Licenses,
including file date ,of 'expuation and the`'Governmeirtal' Aiitliority, or .other issuing :entity.. To the
Knowledge: of; Principal,. except ,as provided on,,Schedule• 6.1 S, no event has• occurr4 that, with or
i
without. notice• or: lapse of ,time--,oc both .:would "reasonably ,bec?c' cd'46,resulv in the - revocation,,
..
Su spension;,lapse, on mitatibri'of an`y Li%ense.
So- ftwaire..Seller lias,-fulty:Paici;:valid; and eaforceableTIicenses,to_ use'alI
Software. 'cudehtly,'beuig.- used by.w, , Seller'sha11 ", pr`ovrde the Software, including any. -,relat6f.-
doclirrrentation;. to: Yurcliaser; atrClo'sing.,Selle% daesynot own any -;Software grid does not use • any
.
Softwar ,e-icept for.commercially available,off the -stiff Software. Al1l.Sofiware:licensestthat have',an'"
ongoing pay; ent,obligations'are set forth oh'the'Assumed,C-6d Pict schedule"
�_ _
61.A0A;i&i&4ri)ceed fi . No 'litigation; ,;arbitration, investigation, or. other
proceeding,of:or,_1?efore $ny court, arbitrator, 'or Governmental' Authority which relates to 'Seller;
Priniaipal; any Asset,;or ilia=Busiiness+js pending:or,°fo the Kiibwledge of Principal;,threatened -.-Neitherjzz
: 9ell6f ndr"Principal, is.a party to or subject to` the'provisions of any•judg eiit; `o`rder, writ, injunction,
decree;soi,award of.anycourt,,,arbitrator; or Gover'nmentax•Auth'ority. which would adversely affect
Seller; ttie'Business the Assets, :or tl e' transactions conit plaW'herehy:
61 11Ahj'ellectWfl P apei:M�.;The-c6nd&t�'6f.thd.Business,'does nat:`infringe or:
atherwise;vialate and, has nat-iit aay hme,uring the tfiree years :prior to fire date of this, -Agreement
infringed'"or otherwiseiviolatedany.intelleifual property.oir othes,propirieta y.iigbts•of auy,individual or
co many, and there i5 no claim or: other faction-pen,ing; or to,the �Knawledge of Principal, threatened,
alleging;Ilany .such .infringerriet t or violation or. challeraging3 Seller's -rights", in -or to zany �inieilectual
, pr9perty used .in the Business; anii, to the i Knowledge F of ` Nincipal,- there`.; is, no eicisting >fact or
circumstance.that., ould;be reasonably expected.ta give:iise-to'any.such claim or tither action..Ta the
r, ¢
Knowledge of Princigal;.no.person:isuinfringing;orotherv+nse violating anyrrigts:of Soller'in aiiyof its.
' intelfkft a property:- -
f6:T.12;'Finaifdia ' taternen '�`Tiie:finariciai;statements=concerning tlie.Birsmness.
that;SellerAW:provided,to;Purchaser;including'iuiaudited�balance°siseets:ah relidedprofivand loss
stateineats ai<Selfer,an�i copies of filed state and,.fedeial`tax returns -of S_ 6ller-.far'eacb:of.the ycim ended
December 31; 2013;�20i4, ar3d 2015; and intenm:balanr Wheats aind'prolit!and loss,,statefnadhts through.
-October,, , <2016"(collectively, the -"Financial Statements"), fairlyfpresent, tp all lliaterial .respects,: the-,
financial` condition�of Seller., and he results of its �peraiioas:ass�of.'the,'datmthereof and! throughoufthe
periods,;covered�tliere }!::;The_re�has been Rio matenaf adverse{change; in the':finaricW condition' or the
results: of operations of.tfle,Business sI46 the,date;of,the-Financial m Stateents and;tHere'.9hkU be no.
material adverse'change in'the fnar�cral,condition or,the•:results.ofpperations•ofthe'Business during,the
period between.the'execution of this.Agreetnentari'd:the Closing Date:.

6.1.13. Accnuati-Payable.I cept for,Payables.in'Transit,.Seller. has turiely.paid
,or will-dinely pay any and • alf acccionis payable_ and s_lialiilities due and. payabl6by. Seller as of 'the
Closing Date `in connection with the operationiof-
tlie-Business,,except..4o the,extent -that Ahe same Are-
beu>g duly, contesteii liy Seller and such,contest.doesiiot.adversely affect'Furchsset's:at;llity to operate,
the Busirie5s.from and after*the C1osing.Daie. There have been•nomaterial'expenses reyuired.to operate:
tlie.Business that are not'mcluded in the 1+inancialiStateinents:
6.1.14. The'•Rec_ords: Tlie' Records that shave, been delivered by Selier to
,Puichaser or thit�shall be delivered-bY Sciler,to'=Purchaser after-,the,&id.6iCof-are�true-and cortect in
rall•materital 'respects:.
C6&acts:;The Assumed:Cont ds.:areand tading;contracaml
obligations of all parties 'thereto:and are'enforceable:in accoidance.with their `rrspective,terms. Seller is
ri
not-in°defaulf under aaY:sUct3acontract, amd tot the Knowledge: of Piiricepal;;nd�evenvfiis;occurred that,
with :or wittioutnotice'or lapseof time,or both; wou]d"reasonably be ,expected to c+esuli'in a defatilt;by
>-
any other part}r=to ariy sucli'contract Seller�4has"providedsFurchaser'with a:true and'rorrtplete capY of
each written ct contza,,and a,su iaq .oithe tents of each Oral contract, that ismaterial`to-the operation
of tie - Business: - - -
6.1.16r rn6i yment,Mlatti&,,
6:1:161:.T6ere; are. Tito existing " collective barining. agreements;,
employment contracts;. verbal conunitments;, or obligations (otherr_than oral` at -wily .employment
.agreements) relating to ,Seller's employees, or.7consultants: These; are no •labor• unions or :other
o ations. resentiri , '
rep _ g Purporting=to:represent,•ar:aitemptiiig.to.represent. ariy-empl6yees,einployed-
in the operation ofthbIiusine'ss.
r b 1.161 Schedule•�6.1.T6-sets., forth a complete) and •acc4rate HA of all
employees• and consultants employed or engaged5by Seller iri- connectiowvith its Business (inbluding.
any employee•w#o'is;an inact<ve;ciriployee7an.paid%orsunpaidi.leave of absence),;iucluding each such.
persori's naive, title, date of.hire, and current.coiupensationmte and'other'campensatron;;and'a,complete
and'accurate list+update Schedule: 6 1 i6-
prior to Closing to the extent any.event-happens-that reOuires an u' ate, to,ntake�•it,true and ;accurate 'as'Of'
the Closing Date:. "
-- J
6:1:16.3:,Witliiri :9t)-days,following 4he Closing -,Date -an_d in• the ordinary
course_of B Seller's usiness, Sell&-vvili'have paiitto jts.eiaiployee&and consultants; all wages,' bonuses,,
-commissions ,and other benefits and:sums,due oi,acarnea,to:such epaployees:and-consultants, including
4accrued==employee vacation time, as of tl►e Effective'I'ime;,under Seller's`employee benef,,#.plans (arid�all
requ4reci. taxes,-wurgnce; ,social' security, arid.'witliliold�ngs thereon}:. Seller 'lnrs tinkly, , paid, .all
contributions; premtuin payments, anal other experises_A quited under, any employeeteneff Ii n:
6.1 &4. Seller` has ,not, received' written,,:or, oral notice i that any: of the-
employees of Seller,will`terminate;etnpl'oyirient.,withi.S ler{pri6i,to die:Closing Date dr,not.commence,
employment wiffiTurchaser following the'Closmg -
t��

- '6.1.17. � u lie Netlier•.Seller' nor Principal' lies•. received • any';written or oral
natice.thai any of -the suppliers o€ goods or services to the Business -wili,cease to,:continue•to.omvide
goods or:services to the•SusiineSs or Purchaser;; or will'materially clisuge thi�terms puisuant to which.
goods or servicesare•sald i the•Business after:Closing,,Seller.hasprovided -Purch'asei: wittfa complete:
and' . accurate list, with contact : iiaformation; of every mdzvdual and entity .from vvliom. Seller: has
purchases 40ds and! materials'ia the past'five years; and the .aniiiaal arraaunts•of such purchases.
6.1.'ii Customers: ;Seller ..maintains - g'erierally good' relatianships with its
customers arid.therefiave:been no mate'rial'disputes witi�.any.custoiner since'7anuary i, 2015, Seller has'
opeiated'the Business in the,ordinarycourse and'has.not made agreements with; customcrs,that,Would
<(a)have.tlie iiiipact•of,accelerating'items to thtI;6 fit'of Seller Qr Principal pnior•to the Effective Time;
tor' (b),create ;`discounts, or. other:obligations -f the, -Business after--the"Effective. Time! outside of.•the•
oidinary course: Norse :of Seller'§ customers has .infarined' Seller or. Principal,,eitler: orally ar in writing;.
that such, -customer (i)• will cease td.bt,3Asvustomer of'Sell&` (iij will reduce ihereittent:oto which,.or-
materially•alter the •terms.on'which,- such Fcustomer, will,u►•tlie_fiiture_purcliase gofroris Seller;,or'(iii)
is: having, financial difficulties or will"• dot pay in, full ahy,'of Seller's .accounts. receivable. Seller -has
"provided Purchaser•wiih a coinplete:;andE.accurate,`list,;•with:contact.information, of evm.-individual and
ent►ty to whorri,Seller has,sold��goods; and materials ii � the past five yetirs,;:and-the annual amounts:of
such purchases. -
�6.1.19. Premmises.,
fi.l:19:l.,Tlie current use;and operation of the: Premuses, ih the'conduci'of
tile'Business•does not violate intiany•respect aAy-xastrument of reco, Ii fectmg the Premises. To, the
_..
'Kiiowledge.of Pnncipal, there is no VkoiatioAYOf,SII3►,covenant,' canditiori,.restricfaion;,easement, or order
of any 4o apfnentaf. LUthority'liaving juiii ction over,the-Ptoriiises or of anya60t r person entitled, to,
criforce the'saine.affecting the Premi1.ses_or�the use..orbecispancy}tlieieof,;or:of any lease agreenient.that
will affectthe,Premises`aferthe Closing_Dateaother.than;tbe-Lease:,The.Premvsesyli- idecjuate:r'iglits of
access,=i6r, edicated public'ways� aiid aift,-.iserved',by °.water; electric, ,sewer, ,telephope;,.gas, 'and oer th
necessaryservices apprapriate,for operating the Btitsiness as curireiitiy cnniiucted
,., Y _ ., .
61.19.2;. To , the t Knowlcojge: of Pnncioiil,, G there, :are : nor , Hazardous
Substances on, or imder,the Premises that require iiniedi.ation under imy. Enviro iintal Law, ordutaiice,
ordirective. N-ither.Selle -nor'Principal; nor;the-affiiliated entity, that owns the,Pretaisgs,.bave received.
any �wtitteh - cornniunioation 'from , any rGovernnientid' Mthority',tliat alleges that. Seller 'is' not in
complianee:with,anyE_ irormental,I:aw:.,Ezcept-as-otherwise-Aisclosed,ta,Purchasei;:Seller, Principal„
i d•tiie-affIiated entity 164owns.the*PrCni.ses are not subject to,any.outstanding,order pertaining to the
'Premises:relatirig<to compliance with,any')✓;r ironmental I;aw or,requuringzmvesdgation, cleanup, or
®_ . - =
nionitoring oi'- ai ardous Substances under aViytEnvirorirtientalE�i.aw. There`:is no tienvironmerital-claiin
peAding:or, to the Kiiawledge of Principal; thieatened;against Seller,;Princigal, the"affiliafed'entity.t list.
owns,thecPretiiisRes, or;any person whose l�ability.,for any:environmental rclaii ,Seller has-retaiiiai or
assumed co ntractually.;Tii.ttie Knowledge,of Principal; there"are`Qo pastsor=present actions„activities,.
circuni tBliCes,.conditions;,events:or incidents (iiiclitding't1Ye rele85� of,Bny HazS ous Sul�st8nces):&I
could fonts the<> asis,•ofany environrizental•clsim'against.Selid,'Pnncipal; �the.affili'ated enti_ty_thaVowns
the Pre i`ses, or against any person woo"se':liatiitity for pyt environmental `claim. Seller has or bw Have
ret$iiied or assumed�ctintractually: �To the Knowledge of ......Pnpa meithci�Sel_ler not the affilist6d entity
;thit'•owns,the Premises,ha�e•release&Hses that,regmres
reiriediation,.uinder any Environinentai Iaw, ordinance, or directive., As'. -used Herein, "Environmental
10

Laws`means:an' id'aff applicable federal; state'aad local'statutes, igWatioiLs;:ordutarices and`rules.-as .
;presently existing or as may;be=amended:or-adop"ted; 4, , e fc tuive, pertaining to;tlie pr;otecfiori ofhiif� 6n
-heitlth:and/or the environment;,and'"Hazardous Substances" in Bans: ai►y,haT.ardaus;..taxic:or radioactive•
substance; waste, 'or' _rhatenal, including -without � limitation^ petrole�icn' oil; and its, fraehoris listed,
a'governeii,cir defined'by, applicable Eisvironiiientsl.Laws.. _
6:1.20:No.:Cdnfiiet:IM' ZL'A'ee'iiijgk;: ;Seller. is. not a party to any contract,
;ag�reement� or ;otliet_obliation that' i5•'iai ,default �i that`will` become ,in;defaeLlt by reason of the
:executidn.and,consuriLmation of t}iis Agreement or the transactions:contemplated-hereby.:Tliere are no
agreements in effect'.that prevent 8e11er,or.,Priric�pal`from.coAcluding;the.tmnsactions described
b -
�n"this Agreeinenf. r .
6.1:21. Conseht§. the texecution,, delivery rand performance: by 'Seller :and,
.Principal,_of`this Agreement, and'all�other agreements contempiated`therebY,::does not. require' any
consent;; approval, authorization,'registration=or, filing�wLth„or any other action' by, any Governmental
Authority or-py:other person or. entity,prior•to de Closing:'
6.1.22.'No Material 0'iriissions.or Miire6resentations. Tlie'repr e-intatiotis and
warranties in -this, Secti6n:6:1,':and •"any :documents referenced"in this Agreement- that liaye been.
furnished'to,Purchaser.by'Seller or-lPfincipai:i#a�hot'contam any untiue-statement,of a biedhal"fact-or
omit to,,state any material fact necessaryorder;'taiziake the statements:conWndd herein:iuid therein,
,in: light . of ,ttte circumstances - :under ,which` they, :were made; riot misleading ,: 'Except 4. for -,the.
representations, and,ivarranties contained'; Fn t3�i"s� Section 6 1,. nc-�tlLer .Seller, Prin' cipra not any other.'
person -has representation;arwarcaaty, eitl}}er written"or
s r _ 3:. '
;oral; ari;behalf of Seller or Principal, tncluduLg,with respect to:any;Pralections,.prospeGts,7fuhire results
ofoperatioiis-.ot future fiitaiicial'.cond tion aftlie,Business:`
h
'Adverse Conditions. To the Knov&dge'of•Principal, then :is no existing
conditibu, state•of.facts orrcirc�utListanaes'thatYis i�easonably�likely:to: aiiversely:affect the Business or
.,
prevent, Pucliaser•from profitably carrying.on=the.Busiiiess.-
6.1:24:,Coaraany+Statui.,Seller It:a eo poration duly,incorporeted:and existing,
in:good-standing budder,the la_ws-ofthe State°of-North'Cairolina Charles 1. Rowfis-the.sole shareholder,=
'-and soWdirectoi of Seller:. Y
6.1.25.'Compariy Actions: All actions,.required:•of Seller.hereunder, Jhcluding.
: the ; ezeeution of,"this. Agreenierit •and ilie non-compeution aid . non -solicitation agreement, _ and the
,•consummation of411 transactions ,ptovided .for- herein , and':therein, .have -,'
have- been duly' authgrized :by
;appropriate actions. of•'Seller's :,board ent, the non -'competition and now
�.
solicitation'agreement;.and.each;of the other;closing docunients�have been;;and shall be; duty executed
,arid delivered`tiy Seller aril Principal, andi_are, or; hall be when; elivcredvalid aiid;enforceable-against
Salle; and Pi=incipalIin�accordance.witii theLr,respective teriLs
�. -
6.11&-Rggre4ntations, Accurate:. ,A11
+representatian5 .and WaCranheS' coIItainediin`thi5�id►greelneA#-511a11°be
of the iia�te'of.tnis'Agreeincht-an&"d arid, osing D"ate. V
of Seller's . =and i 'Principal's
ddrrect,. accurate,. _arid effective.as

6:1.27:,Kn6wledge� of '•Principal; As used' Herein, the 'terhi,"Knowledge °of
:Principal":rrieans tiie,actual'knowledge'of Charles J. Rowe. - - +
6.2. Representations- Add _=Warraoties.- by Purchaser.. Purchaser represents and
warrants W Seller as follows: _ - _ -- w
6.2.1:. Np_ConllictinE Aareemeats:-Purchaser is -.not, a,;party' to any contract,.
agreement,,.or other� l: me.-iii•default'by reason=of"the
execution and consniriiriation of..this ,Agreerncht. ;
,
61i Comuany•Staids Ptirahaser is a.corporation.-duly:for ned:arid existing in
good:staiiding under the laws of die"State,of Wrth'Carolsna: V
61:3., `Comlpan Actions...: All;.;actions ��required of Purchaser hereunder,,
including the execution of this Agreement ands the;corysumination .dfIall transactiops provided' fa
herein;. have been,'duly ;authorised=by i3ppinp`riate:.actions,4 Purchiser.'s. shareholders_ •and; b6ard. of
directors ' rli :Agieeinent�and�each of.tti'e,ottier-closiig,.documents,bsve been,,iaih shalt;be;. duly
cxecuted:and dehverreedl by'Ptucliaser, grid are or shall lie when delis ed;-;Yali&and ea%rcealile a?" ,
Purchaser m accordaince with their-respectiv'e.terins: -
6.Z:4: Renresentaflons- Accprate:.All;'tof •Purchaser's rep;_resentations and
warranties contained;iti tliis:Agreemeat Shall'tie correct, accurate; and effective as of t}ie,date of,this
Agreement and as of the fClosi E?ate:
7. Additional`Covenants.�
7.1. C6hduet ©f:BusinBeiiwve' i tlie'&t'e•of,this,Agreement.aud
the. Clasiug, Sellei shall (a) operate, t1ie: Biisines§� aiily in the ordtnaryt course of business m,a� -manner
.�
aansistent WihnJthe�past practices of-5ellet; (b)'excepi�as',othervi►ise direeted'by Purchaser,in writing, use
:its best efforts to preserve: intact:Seller's c�trrerrt`:FiuSiness orgaii�zation,.'keep available ttie services of
Seller's employees;,and mmtaixi=Seller;s.i-66tions•and•gi c— w"I' 'with suppliers, custonsers;,'creditors,
' landlords, employees, agents, and others`havtng:iiusine I relationships with the'Biisines's;.(c)`confer with
rl?urchaser;prigr to IMplementimg :operational decistans of -'-a aiatewrial nature; `(d) report+periodically=tfl
Purchases concerriing_the•status of•Seller's business operatroris, finances, and:iriver�tory;levcNi including
rmmedrately'prior to ttie Clasing*T?ate,! (ejmake no materialchFungesin;manageirientspersoniiel wrtltoiit
_.
prior consultation with{Purchaser(f):maiistain tiie?Assets:in,a state ofrepaii<.and conditiar�:that c§;Aplips'
F}
with legal,regiurenients and.is consistentvitn:the regiiuments andiiorsiai induct of the Business, (g)
keep in�full force and effect,.v�nthout. amendment';all material rights relating to,the Business, (h).comkply
+with all leggl retluireri eats:and'contr_actual obligations:applicable3to,thezoperatsons,of:the;Busmess, (i}:
continue" ih frill force' and affect: the `�insttraage ;coverage ,which they Business:,cucrentiy, bas, or
substantially, equivale€it"pone es;;{j} riiaintainrall.=books`and recards.of.Seller relii6g to the=Business in,
the ordiriaryi course, of liusiaes5 consistent�vvitli the past practices-6fSeHtgr, and' (k) not,seU any -of the.
Assets;,except in die ordinary coursemf business.consisteis€ with pqst practrces:
6'
7.:. Purchaser's Due Dili�erice Prlor;tu�Clasin "Pur�cliaser and:its representatives:
shall be'afforded : reasonable access,'=upon reasonable nirtice` to Sellei,,'to iflspect any, ' and' • aU items
relating ;to tlre'Bustness. atid.67 Assets,'including Seller%s � nanciii inforciiation, Seller's contracts,, ttie

Recoi&; the inventory,, all'. other- Assets, :and'. the, Premises, . in a. aianuer thi t : does . not irrtreasonably.
interfere with=the operation of the Business;;praveded,however; that Pixrcbaser shalltnot'.contact Seller's
empioyees-� without'th6 prior consent of.Sellei. Seller:shall, upcin ,:request of Puuchasei; -promptly. make
;available to ;l'urctiaser alC such !teens ,for .Purchaser's _review, :and'.Purchaser shall. maintain the.
, confidentiality'of such.items..pursa'- toSectiont l l' of this'Agreement:
73: 116elusivi Uptil ..tbe earlier of; the 'Elosing rUate; or-therdate: on whiel; this
.Agreement,is. tern inateiipursusiit.-to' 'Sectioq 5.6,'Se11er,agrees:that:it will not,direntiy, or mdii&d
.solicit or.encourage other offers; or proice �nformatiai� to; or:disci�ss•a•sale of-tbe.Business'wth any
N
,'potentiai�acquirer siiil'will promptly notify;Purchaser if such offer or uiquiry is receive
�trai.'
it�;amazaton7.4. ands.
nnregrgopetiofeBunows:,(i:ules-owe#ebyPncipalfargntesa_ n
�notmoe.than•0hotirs-per; week durngthe frstF60 hays'immediately=followingtheClbsiiig Date -(the
"lnitiai=Penod"); and (u)"unless otherwise agreed:by Priacipat,;not to ex'*
(ee F 0:hoiirs,per­weekt during
• the 120 days 'isnnzediately followings tt�e end' of the 'Initial 'Periods .Pr cipal `shall not I be , entitled to
additional,consideration or;conipensution far the: familiarization aricl training p gvi&dIdufing the initial'
Period Purchaser shall pay Principal ;$5;0001 "on •the 30th, `+60th ,90th; and 120tii, daji after, ;the Initial
Period'in.exchange far.ttie,fanii �aiizahtira{and'training provided dnnng such,peiiod.'Duzing theslaitiai,
Term and '.the 1220 • days thereaf3er; Principal shall 'u§e lris`reasonable-�efforts to - timely` respond to
1'urdaier,.and,to be:availalile:{far telephone and7.e-.mail consultation .Pui�chaser,.skiall pr'ovide.Principai
1 .. _ _
reasonable,notice pn —r'to,requesting in-person,cansultations.at the:W6e ses..l?urehaser itcknowle'dges.-
,
that Principalkwili•have, limited availability:during"previous ly scheduled!vacation times�from�`tiece bet
2$; 2016 through Januarjr 4, 9017. and from February ;.20 i 7 tliraiigh February` 10; 20l 7:
7S: Book"s andiRecords:'.AaiLatii[ity. For,:a period of.thzee-.year; after the -Closing
Date,: Seller° will�ha_ve, at reasonabletunes.and witlitre'asonable'iaotice;access.to,the:Records Purchaser
has-obtaiined• from Seller .ta, the extent trier Seller Will 'req M access. to the .Records for, tax; or. other
legitimate , business reasons; provided, linwevcr,'that,rnotb h - - thin. sectioii shall :impose, a, dtitjr. an
Purchaser to maintain the'Records•in any;partictilar!form or'for, any :partldin ttiime period,+and Seller
}shalltmaintain•as;confidentiaLaay,trade'secrets;o confidential infatinatian sevforth in sucb� ea4itis:
._ - -
7.6. Transfer- of -Phone. Abd:• Fax •Nuinbetiwa d, URI:s:. "Promptly, 'following•'th_ e-
Closing, Seller shall reasonably cooperate with�PurcYiaser to` effectua#e'the�transferato,Purchaserof all.
.L
telephone and"faicsttnile niunbers, .iTRLs, email�a�ddresses, utilities; and ether Assets that require Seller's,
participation- #o'Vans—
f
.7.7. Non-Competftion and.Noa-Boll _ta
F d tfon 'Agr. � f - _ ears
eement. For a peno o
•after the,Closing Date;;Seller:and Principal each agree not to"ofrectlY,or tndirectlyw(a) solicrr:any past;
;present, or"future CWtotneirs or etnployees-6f the,Buisiaess,.or.,(b) coin with-Puroh�asee,.includin g by,
engaging in tfie•basiness of acquiring, prbcessing,� recycling and sellingsc i metal; anyavhere vvi�thin a
150 mile,raidi.l.
of tlie.l'rem!'ses*,,mea=A,iwa',striuoi,line. For,purposes-of:ttus.Air,e: ent; direct and
77
'indirect competiti©n or,solicitation:shal! iacludeaonipetittan or solicitation anywhere within a'ISU.inile
.-radius of "Itlie:�Preniises as- a • sole &oOAeiqr;, partner;' corporate officer, director, -shareholder,'tneniber,
manager, employee,, agent, independent contractor; trustee, or' ip arij+ other mower in which either. Seller
_
ar Principal holds uiy ' i nefictal .interest. business; 'derives atiy income. fmm such.
-business. or�piovides,any-servrce,,sncluding-thet>zenefit of'.its ehis�regutation oT know liow;�tij such,
T3-
,

business; However, notwithstanihng;the foiegoing,;neidier Seller nor, Principafsdall,oe;precluded from,
owning less thad.l%:of the;issued�arid oritstih*g;sharesof stock,bf-4,ofib icly traded•compaEny. At the
Closing;'Seller.and Principal sliall'euter'into,a,separa`' .!iori-cornpetitinri'and non-soliciiatiom.agieemeut
i41uding`these.tern s;,
�LosgpajAggi, in,the' &r thiid is any�loss:or damage-to,any of the�Assets avany
time prior'tothe„Closing,;ttie nslc of,los§-shall:be'upoa`SeHer: ARer,`ttie,+Clo-SW iiff,risk,of,loss or
..
damage'shall be;upon Purchaser:,
IS, tzimises-Lease, A(thei C1oIsing;;Pufchaser-snall' entei into a lease with the_edtity
affiliated with Seller that:awns .the' Premises {the: "Lease")t The Lease shall*be for, an initial tern' -of. five.-
years; with one option -to renew the terni,of the L;case for an addrtional•6ve year term. The -Lease shall be
a'triplesnet l'easet{ rovided that .i:aridlord shall be�responsible.for,capital expendiiim,and major. repairs
not -caused.by Purchaser to- -the.extent the usefullifc.of sVch jtem exten&beyon&the terffi bf 6—L. ease);
with uiiii, 'base rent for, the initiai'term in the amount=of $54;0()0 per year.. On,the-firsi clay;of the, fourth
leasetye*, and,dh th'e feist.day.of.the;fif� andjji thyW_ iAhcmAii, the,base rerit",un'dei;tbe.Lease-shall
increase�by 5 W. per. annum.. On the jiist day of the ;seventh�lease year; and im the'fiist°daynf,each,lease
year .thereafter, . the base rent,.under,the Lease •shall 1 be �adlusteii by as - aniout�t 'equal } to the percentage
change. from the previous aiuiiversary ofjtheiCfosing'Date iii'tli'e 'All Uiban'Consuniei'Fitice•Index
.apptLoble!tolStat6s 41e, North Carolina. The ii iii shelf provide Purchases.�vrth':a•rightjofffrrst offer on
1.4. i"
the:FIft nises, .wheiel y if Seller°s,'affiliate;that'owns tbe'Premises desires ta:setl the:Pi�rr'iises the ovvrier
zs611 negotiate -exclusively. with Purchaser; in, good faith; fora.perroai of at least sixty days fa •ti4e"sale of
'the'Piebiises"to Pu ehase-i,'on muniilly,agreeab4e•terms:.
t
7:10.. 'Itive>itoryt. Purchaser shall,pay .Seller' for .the: Inventory on ,the dates; and: in the
amounts,set forth-in.Section-3: .
T . . , .
7.11': 6d Seller wWj'oiixtIY•,.mek!ivith,the
emplvyees'of the l3usitiess to+seciue theEr pcist-Cios44involveinetit-with the Coizipany..As part of that,
they wil ;offer:retcri€ion�borxuses,;to, be,paid'in;pari by Seller and impartl y,;Purchaser; iii the -amounts.
:and to.the employees 3isted on Schedale-CIA6;•payable,oh fire fisst'anrruveFsary,of the:Closmg'Date, At`
least.ten•days'before•those.boriuses'aie'payable; Seller.5hai1`reniiC$G0;0()U to Purchaser;to.pay its,portion
of.tlie retention.bonuses (x e:,i60%,of such reteritian laonuses);.provided that the .'amount of°Seller'sIwd
:Purchaser's share of.the retention bonuses:shall'be reduced!"prvliortignallyAp the="exterit, any' ,employee-
loseshis,or her right to.a retention'bonus..W Y _ . -
- , .:
' 8.; Llsftiilltles�of Seller.'Seller.'stiall'fie,anii:reraiii•solely'lisble>setdr�_ ponsiblefoi all�debts,
obltgabbns, duties,"and'liabilities:relating,toithe�operaUori'of�the Business pnor:to.the-Ef%chve Time,,
including all accountsTayable,.local, state;;and federal tax liabilities,.payroll.taxYliabilities, and accrued
vacation tirue' fcir Seller's erho 6yees, tiut not including l?ayali[es in:Transi (ttie "Itetanned'L.rabilitses"):
r�
Purcliaser_iioes nat,and slisll'iiot assume; agreeto,paY;rorpay.any of'the.ketaiaedd abilities. Tlse onty,
contiacts,of,Seller that,Purchaser shad! assume:af dr.the,Clasing,are't a AssEimed Contracts; but.cinly.to;
the "tent, that tlie,oliligitions under�siich contracts are required to be performed,after•thi ',0osing Date
and are,noi.the result of bieaclies violations "ef acuons"oi atnassions of vtolatio of-;lariv+occtirriiag
or.,taken�on or:prior,to�the Closing.Date. Ito'paytiany
amounts owed to The tivrdlpartiei-for-AM!Payables-'in Trarrstt.. terrru "Payables iiiwTransit"''leans all
i7TT�.6
14

items 'of-iriventoi;y..that;Aii:lo'ckted on the','Pfc'�ffi'is'ei is`df flfe!Effecti` ve.Tiine.t*;hiLV-e -notiie6nvcighed.
-and tagged by S611q s a:in,vds ofiii fiedod ,g&
. -W.Oik 1ib-es, -r- -77.
9. In'dibififficad6n.-,
e and Unii6id'.--geller,and Principal; Jointly.. and,
severally, on `b6half of themselves and: their --respeciiveSc ;'irs , personals SAd legal:
successbri, . amd, assigns, ,shall ;defend, iAden `ni6j,'- and,,. hold , h #m­ less'-' Purcha'sied And- its, shareh6ld'
CTSI
managers; their resoqqbvel.h pirs,
1pdrsonaIr, z"Jed representativesegua dians, 'suq- sgp,, gfi"assigns,,6OMNan(against MStaqy+:aidall'
thteits,,Iiabi-litie�,,taxesiintmi;�ltme�;-.penalties;-suits; kti' dd
.:ac ons,,prwxe, gsj.1deffiah&, damages
losses„ cogts,:and (inc uding'att6rndys_'. ;and, e'xperti' fees,Anccourt costs): OC-every bird.
nature arising out of;=ng &,in!connection wAk.
9.1.1.• Any mate"', -misiepii�`s6iitioii;,'o-mi'ssio"n; or' .b_fekh,by Seller, aindlor.
Principal'of-any r�seintati 0-ii,or warranty, i�ontainedl-in,this ;)kgr-e6ni'oe., Ip,_4ny.agrc"cieni between
.N=fk§er and'. Sellcr_ni&4­P_iin are
Tri 6p31,
.9.1'j..*,An�.ma't'en"al',nont)crformance"�ailu"re,toZoi y,,or breach
r.btiibh
Lof or default
.by,$c)ler�and/6rkicipii,ofany;c6v6iAiyt,-,Oromise,-oragrefient.oteiler-an&orOiinci
in this Agrecnht-6fifi any -agreement be asW,andSiflcr:idd/KJPrinOpal thatare ck6&fted
and/or. Pfifi6­91' 't li'r N�c j erj - y �...Jp ,p
An- es;,br liabilities {includingnixes, but
913, yTa�d all -dibtg;,6bIikaU duo.
M.
excluding- pk,iyA'bl ;f��iq id gefl��,aiiny of theAsscts,
q;tn- nWor
that apse pri6r to, the -Effectiv6 yT- d any de!ts-'L,.;bliia�ons,�'dA��es,,ot,liabiliiies ofSellei-reiiitih -
. .- �_. . _, r..,__.. _. . - �:, - __ - I Seller -relating
9
retaii invoices, pr..b,iUsIor.such,dcbtg-
tq,,qAy,Assct, incd� 6y �ifid� e
S, . - - ' �'i'&,4ctkiiiel gab" obli' 'on Auti 5 ing ifichidijag. are -on., or.
-Liabiliti I es.
,9.2..
,_­
.in. d--it0,LsU_ cc.
essors
.
aMrassigas;s4all defend, ifidepa64aiid4h6ldiharm es Principal (inchi"-gid. capacity, indivi4ioy
�or,ndiredtIy- through. his'de�ignated'cntit ­ai`a,6nsultant, 'the--Closfn&Date) aid;Wlei its MrecWrS -agents, 'servants; _and e�ppigypps@kd,torit.res&'�tivi.
'member, ma, -cf,, shareholders;
'40JArepresentatives,
-
g-i�amaps,".Succpssqrs;andlassigns, fro
in, pqqlagaim..,any
;claims, tbieatsliabilities;; inter,tSWL actions, itdihgsp effm s
daiigc�, isses. Costs, and'pcnsei:(in�WdngiAttor n*t "ecs,and`6irt,costs)
W�Wery
kind and nature atiM fi or-miconnectionvitfif
g out o�- i6iii-iri fr�*
!M9 . .....
9.1 1. AJay 7bu,u,'s'sion;,4r '�Ibfckc by, Purcha-siiif 6f � an- y--
repret&fitAtion-� or warranty coptaiffie&otn thrk'Agre"pntLOT in. any,of th6 lddicumenfi;, ik6&utcd,afid
deji7v6i-ed by, Purchaser pursuant hereto:
-9i2;1.-,:Any rri`=­ce',. to comply, � or, breach'; by,;Putchaser of any
co'nonp��_
ve�t, 001rirfi. I- eernint hkw- in -6Iis­,A—'­ e akUmcrifts
promise,. of Pure me.ht,! or, in any of th.
ex&utcd,an&deliv=d byPurchaser parsiiant n,eTeto:,

9:3.3' Any afid,all dents;• obligations;• duties, ror Iabilities. Of kirchaser,-reliting
-to the'business activity of the<Business that,ariseaft_er-tfie'Effective Time or relating.to.the.Payatiles in
-Transit;lthat•Vias not caused by:an'action-or• inaction of,Setter, or t ,e Principal:.
93.. of ThiM-ii t "Claims-*
9 3.I. In, the event of an'y�thirdr.garty. claim;; threat; liability,itax;�ihi erest, fine,
:.
penalty, ,:suit, . actiari, proceeding; demand, ^damage;, loss; cost, or ezpenae with respect to which
ii demnity'is or. may- be sought hereunder(an�"Indemnity,Claim"), the inderciu�iified party shall piomptly
notify tlie'isfdemtufying Party of such Indemnity-Clai�ii,� specifying reascipablerdetail ttte'Indemnity
Claim and khe,ciicu�nstarices uudertwhicli it;airise; altlioug 'the failuie�ta provi&written•notice, shall
not,discharge'the.:obligations'.afzthe.indemmtyin'g party.. -The indibmifyib91 party ,may,electto askwbe
the defenseoCsuch iits-ezpenac;i'byr,proy'idng';.written notice•to the mde ahified
;party;withiia�ten';days afterWthe,indemnifying;paityr°receives,6o ce•of tlie_lnOe__` Claim,;and the
indemnifying'party%sfiallpiompily engeige,couiasel,reasonably acceptable to the'•.i�zdemriif�ed,party to
_ - _
direct and`conduct suchr- defense; provided,however;,tliat the, in-emnifed party shall haveiNe,right'to,
engage: its own counsel, at its own expense; to . oafticipiAd -jn • stiich defense.' )n the; event the.
indemnifying:party,'does'not,so. elect'to•assume,the!defense,af such.Indeziinity Claim:in-the manner
,specifiecl•above,ro'r' if in the reasonable op>yuon of c'& c el tojhe indeIIibified�paity,,theie are defenses
available. to � theindemnified (party than are, different:: firm �}or ;additional ;.to . those available to the
indemnifying party ar that.give rise to a f6terial.;coriflict between the defense of the;indii_hhified party
sand oFthe indemnifying paity„then upaa:notice•to'the-indemnifying party,:tlae�indexnnifie&paity-may
elect to-erigagc.separate caunsel'to conduct its defenki; at;the!eicpense:of:the indemnifying party, and.
the indemnifying party, shall tint have the right to direct oriiduct sueh'defense
93.2' ;In. ;the . event the : indemnifying party assumes 'the ..defense of oily,
>;lndeibhity.Claim., it.niay at�any time tiotifprthe tnct rl- iifed'.paity of its intentnon #o; settle; comp ruse;
or.satisfy.such,Indemnity,.Claim and may.make;such-settleme;nt;,compromise, `oi- sactissfaciion,(at its owri
eipense),'unless'within tvventy days•.afier;the;:giving of-,such.natice?the indetrfn fied`party'gives notice ,
rof its'inteauon to assume the defense of the Itidemriity Claim; in'wluch event•the,`inde�nifyMg Party
sliaill?berelievediof.its,dutya)iereiinder to`,iniie'nkUV the'iadehiriifiedsp prc�v3 v6ciwever ,that it.
�y;`,:_
shall no[•settle,the Incie pity C1aim utiiess the settlement does`inot entail' any admissinn:ofiliability,on
f
. tlic part . of any. inden reified party.' , and ,.thte l 5et#lement, tiialudes-an . unconditional .:release,, of each,
;indemnifiediparty, reasonably satisfactory�to the",M-_. 'i. R. party from ailrlosses vrath,respect-_ such.
-Indemnity Claimm :Unless the indemnified party. shall,have,,,&ven,the notice referied to in=the precednng.
,sentence, :(a) i6e indemnir; i- g panty shall not canseAt to .or make.. any :settleixiept„ coccsp inise, or
satisfactionrwitli-respect to thealnddf iity.Ciaim without tis`e,.prI.iar writer► consent:of;the indeiririified.
,party,, vihich� consej.rit.A&U. not ,be unreasonably withheld,' and *(b)i aniyr setklement, co mpromise,: or
-satisfaction.niade by.the rode ' 'f hng party with iespect'to,such, Ifidemnity Claim,shall`hot be deemed
to lia�ve.been'consentedl to tiy,indshalf66 oe:l�inding;ppoh the'indesnsiifiedparty.
_ -
9A. , Satisf`acbbia cif Direct:ClMnis..In the,eve`nt-a party -liana dir'ect,clairri;against the;
other, Party pursuant t i.: Section , , - or"9: '. the Rarty,.Qvith: ttiet.. m ,sliallt provide:kthe f other; Part}': with
ttotyce of its alaiin, and�;so;long as flint party does not dispute such claim, the party. shall pay the amounts
owizl;within:thirty'days In th`e event there is a bona fde disputeras to" any3siuount;oweii,pursuant to,tws
.Section-9'.4 the -dispute resolution,terms set,#artli'iri Section 12, i'f sliall.apply,
d37T29Ld-
ab4 ,,

9.5.. 'it nitationwo jIndO-officail n:
9:5.1. ,No'twithstanc#�ng'anyth►ng to,�the coi�trazy contaified Aa,.thisAgreement,
'(a) neither, Seller:nor,Pribcipai,slialilk'Uable;to Purcliaser;.,rior st aft'4 �chase'r 6i Liable to,'Seller or
Piincipal;,for indertirnfication underAhis,`Sectiori 9,. afid ,no•chiim far indemnification �tnay',bemade
-a mast an , -`unless slid untik the `' to amount of a1l:dania es-mdugrkl-by the livable.-
li; y:p�y; el - V r $ Y r P_ ^PmtY
that -a . available' for indemrii5cation,urider this;Section`9-exceeds=$25,400 (the `:`Basket",) ,in -which'
event apart .flight to be tridernnified shall appiY*io�a clasins'for indemnification under -this Section 9:
=(including;, ts,e . amount: of the: `Basket), .and €excePtf ;that the .Basket 'limitation shall -scot apply- to
Purchasei'S failure to,pay any'amotutts.owed to'Seller under the Note; (b) ihe,m_ axiriium aggregate
4
' liAbilrty of ,Seller 'and/or- Principal Ito Pt►rch'aser undei. this ='Agreement; 'or. from Purchaser i •Seller
and/or,Prmcip- sh'all'notlexceedthe PurchaserPrice,exceptthis:lmiMonshall not applyto,the grossly
aegligen`t'acmor,wihftil misconduct of eAer;party;in perfortziing tts�oolig> tiorts:usider this; Agreement;.
.and,(c);,neither,Seller'nor•Pnricipal� shall�5e,liablc,under tI",Sbction'9 for,anydamages•bas _ upon or
ansmg,out of�any inaccuracy ut'or;breac� of:aa}r of the representations=or warianties of Seller -and/or
t Principal, if Purchaser had'actual lozowledge `of such i6accur�acy:or', irAch prior"to the Effective Time.
' 0.5.2: 'The ,iip6eriti6ohs- and.' wai i ibis made. by;- Seller, -'Principal;.. ,and
Purchaser in S&iion. 6 hereof, and in -an}► ,documents-delivereii-' or. to be. delivered..pursuant ,to this
Agreealent; :shall survive •for : a period ��oF- two years alter. ;the `Closing. ,, e, except that, those
<_
representations•°and+.warranties:set•faith•in:5ectiori-61k1_(Title"tpi,the.Assets} -Section�,61:2 (Assets.
Transferred Free of Liens);.Secfiofr 6:1:6, i'Taz:lviatters), Section 6 1:'16 (Employrrient 1vt tters); Section
•61:19';(Pretnises),'Seciion,'S:1 5,(Seiler,Coinpany.Actions)andSectioni62:3y(Furcbeser Company
A�tions);,shali'sutyive until, the=expiration of the apPlicanie?statutes of tuinitation with'respect to: such
representations .and marraaties: After ,tile; expiration :;date of, such °representations `and -.warranties; -n6
ciatra,foi indemnificatson based oit such', representations or warsantiesimay�+lie'asserten, except. that
:claims first;asserted'in writing: With•reasonable,detail,beFore,therexpiraticrii`date rnay'be,pursµed.until=
they are:finally;resiilved: - -
10�• Ein�10 ree Matte_i s...Eiccepi� for Purchaser's€porfsam:of;tlie ,eIIiployee, retention bonuses
described in" Secti6fiR, i l" (i.e , 40% .-of not,, bonuses),: Puieliaser..does.. not,, assume any
-liabiltes duties; or obligatidns of Seller with respect to•any current or, past:etiloyees of 5elker,;tinyof
'Seller's employee benefits or,benefit-pleas; or any other employdnent related;Iialiility, duty;.or ol,ligation
of Sellei Wl atsoever: - R
.L. ConfidentlaMy- `Each .' panty:. who • :receives: (a, `°Receiving Party") 'confidential or.
_ proprietary M ormation:of tkte.paut}i dtsclosing,it {the Misclosing P,arty"), iucluding-inforsiiatton relating
to eaeli party's.processes, services; customer and 5upplier,lists,,prtcing.and rriarketing pleas; policies -and
strategies; • details ;of'custonier;,,.stippl►er,., and' -consultant ,cimtracts; • operatic"rts methods,. techniques; ,
busuiess.plans, trade_secrets, proprietary i_nformation,;and all:gther sntellecitial;property:of, arrelated to;.
the Business, t1ie,'Principal; :Seller, or; P+ircliaser' (f`Coafidential''Informatfon") acknowledges .the
•,confidential' and;proprietary' iii ie af,theiConfidential Infarinativn;,and the;Receiving Party agrees;that
v >, , s- �. x �m },
SUCK ConSdential.lriformation (a) shall be`kept confidential by the_lteeesving,Pirty; (b)-sltall'i be used
:For, any _reason or purpose atlier than to evaluate'aud consummate the tisnskU(;is•contemplated;by.this,
A,gree:iient,'and, walla respect to,Purchaser, the,oxeration of}the`=Business•from and after the,_Cldsing-
Date,;and; with respect,to-Seller and'Prifi6pal .the`opera_tian of tWBusifless,pnor to;the Closing•Date.or,
'if. the. Closing. does,mot occi The•.parties agree tliai Co"denti lnfnrmation -may, be dtsclo"sed'�to
.attorneys, accountants; and 'other advisers,advising•each;partyin regards to_;this' trarrsaction:(col[ectively,,
t]772PAA. //
17 «(///

`:Representatives so; long.asstheAecei In Party uses- commercially reasonable efforts,to .ensure that
thcy ntaintairi thirconfideritial'natuie of the:,CBnficlentiaformatlon: In°addition;,fhe;part�es age.that
a
the restrictions set "forth' in this_Secti11 shall' itot apply to than"part of,the:Confidential' Information,of
ra Disclo5ing.Part}+that a Receiving,P.arty.detnonstrates�,(a) was,,is or'becomes geneimly�availaiile to the
public, other than as a iesult of a;breach of this Agirterit by`the Recetving Party or•. it_s Representatives;'
(b) was or is developed by the Receiviitgx`Party ihdepen'iEendy, of"and without refeience to aryy
,Confidential Iuformati6n,oit1' Disclosing Party; or•,(c) •was, is- or=becomes, available to the -Receiving
Party on :a noncdnfidential;.liasis6from a .thrrdparty notiboiindtby a 'confidentialityagreement or any
legal, ftducsary'.or oilier; obligation, restricting, disclosure.' This' Section l l�•sh f suivive the Closing or.
•any pre-Closirig.termination'ofihis Agreement
•12. Miscellanedns..
12;1:.'Survivsia of. itom'sentatiii1k _Warranties, taut &Ueemeais. Siibiiet to the
survival periods,expressly.stated,herein, ail'0f tl e,napresentations .warranties, covenants,.proinises,-and
greemeiits'of.the'parties,codtasned ui this Agreement, rind anY dociunents:cielivered or�to be -delivered
pursuant;to this Agreement; -shall'survmve the ezecutiori and'dejivery.of this Agreement:
i2.2r Entire, - ement. ;TliisrAgreenteniieanstitutes ihe�entiie, integrated,ageeinent
of the:partres with respect to�the"subject nnatter hereof, and supersaies any and all pnor,understatidings_,,
correspondence; negotiations; and�agreements "of -the partite vsrithi`respect�to",tlie•subject znstter hereof
_.t -
A2:3". ,"didmeat;':Waiier. No'prbvisioit:of thii Agreement may be-amended,'waived;
=or,odie'm*se-modi-fied:without the.prioiwrittenco`nsent,of ali ofthe:applicable:part e`s hereto: No action.
taken pursuant to this; Agreement, ,including',any` rnvestigation ,by. or,.on behalf�of any party, .shall be:
f
deerrted-to consUtute;a4waiver by the'partyrtalring" stick action of cornpliancecwith:any;repi,eseritation;,
•.warmniy;'covenan� or.:agreement herein-coritained° The waiveriby anyparty hereto ofabreach 4'any
pro�isian or condition contained in.this,Agreement shall not-operate:o- . .construed . I • v�raiver�of any'
.r l -
:sul�seguentbreach of of any-other.conditions-hereof:
12:4:; Iri#ernretatiori. _For, :purposes of this.. Agreement; �(i).' thc- words "incuudc;
","includes"' and "including"`are: dee_ rit_ed, to. h& followed ny the.'words `°i n-"thout =liiicntation; ' (u) -thd w_ ord',
tt , d ii '- fl'Lt � ff'E --• � f/�Ei .„ .: � , !f,
or/ is�notexalusive;,arid'(c);tine"words..hereisi;:. hereof,: `hereby;, ;Hereto and.:°ltereunder ieferto'
,this-.Agreemheiht as a whole., Uniess'the: context otherwise• requires;.references ,herein: (aj to, sections;,
.... _ 1 • by
schedules and exl► bits mean the;sections of, i rid stcheaes`and,eihibits attached to,` -this Agreenien °(b).;
to -an agmerrierit, instruihdr t ou6tlier.document ineans".such,4greeniei% insM mentor other document as.
:amended, supplemented and' modified frgm tune m Rime;to,�the,extent; permitted liy the ,proinseons
ihereof;,and'�(c) to•a,statute means:such statute as,am6iled,,froin trrne to tune°andincliides'any successor
legislation thereto aril any: regulations.,prornulgat ., ,thd dhder .This Agreement. shall be' coc�stnied
without regardlto any:presumption:or•rule requiring constnctiop•or,Intcrpietationi,agWst the party
drafting•ap instiumentror causing,aiy.instruniient'to be;iirafted. The schedules and a iibits.referred to
�. ta' t
. heretm:shall be!constrtied with, and'as,an integral ip rh,af; t1t:s-Agreementjo,ilie sartte,extentias,if•they
,were set;forth:'verbatim'heMn All,,references�toF``$"=or;"dflllors_" mean the;lawful°ctitrency,ofihe United.
,States of America. `.Whenever the inasculirie its used .inr•.tliis Agreei€iedt,..the-?same shall :include .the
feminine and- whenever the 'feminine, is kusetlJ he�retn;, the.; same; sl Ai ;include. the masculine, where
appreipriafe :Whenever the'sirig filar is,used to thi's Agreerrient; the, same; shall inclitde'the plural, m8
whenever the plural,is,iased'trerein,.the same shall tnclu&the sirigttlar, where;appropriate: The.section
137TM 6
,18'

nand.dtherheadipgs-contai_aed,in- this .Agreement,are4or,rdgren6e F4*ses only an&shail•not Oda the:
neaamg:or interpretation of: this•Agreetr►encY -_
12.5:., ,Assit=_nabfilt:v. This Agreement, shall °not -be; assignable• by- Oy ;party: hereto
.: -
-without the prior wntten,cansent�of-tl�e•_other parties.
12.ti., Binding E.f%c#; Benefit: Subject to•the,Wnitations set forth in,Section 12-5, this
'Agreement shall inure,to'tlie beriefif of•and be bin`di ig,upon"the�piirtie' hereto and their respective heirs,
personal' -and` legal':representatives, gtii-di-;successors,; and,,penriitied, gssigns. Not}iin_ g-•-in. this•
Agreesaeat; express or. implied, is: intended; to .confer' upon any, other. person :ithy rights; remedies,
. obligations;.or 4iabilitim, except, tliat�Sectio"n 9 `is 1:n' 6ded�.to'benefit-the Ifider�iiiified.paities referenced
°therein: . . -- - . _ - . . - . - -. -
.12J. Severabiliti'Any provis'ion�diliis{Agzee ri_ent-that is,Lheld,tiy a court or arbitrator
sdciontobohi}`bto theexof`competcnt.jur'i
prohsbiton' or_ uneriforceaility;. terit'oftsuch
without invalidating or ` rendering unenforceable the .remaining.
pmvisidns of this Agreerizent. r
1Z:8: PDF�° Coti>tte arts: �tiis Kgfeeinent" and the other agreements• and'• documents;
1:contemplat6d hereon rna'y' be executed'ia;coutiterparts,,eac6 of wlii6� "I ,66:h4ari'onginal,":and•all
�ofwhich when atTixed together sha3l,constrtute-one and. the same iris__runient. Signature`s•exchariged by,
facSimile or tlier electrowc,means (including,.pdf by email)'',shall t de &6na ra origmalFgnatures for.all
.purposes:. ... _ s _ - - -
.12.9:. Governin ` Laiv. `Tliis•'Agreeuieet- shall' be goyernedi.by, construed, interpreted,',
and enforced in accordarice:with`.the laws ;of.ttie State: of North Carolina (without regard to its coriilicts
of la*s docttines):, , . _
itIO4 Attorn s':,Fees. If,any.action is institiited''liy aparty.tgenforce any provisions of.
this Agreement; attorney -fees costs shall�be:awarded Eo:the.prevailing;p^arty:
•12.11.i iSyd6,-Resoludof;: Any_ •dispute`•that irises under, this Qurch- 'e and,. sale .
txansactioii; or under•any nfthe doc imentsseiiecuted fit, the:closing, of:thrs.purchase `and,We transaction;
Vvhich'theparties:caririot otherwise:resolve;;stlall:l e•initiallyi;submitted:to inedaation to Statesville;.Nort>i
Carolina'pefore a mediator agreed upon }►,the partres;.if the parties cannot agrep.upon a•itted�ator, then,
.they skull submit their dispute td-the American,,Arbitration ,Association, foi lied ation, If a. - dispute is not.
F
resolved,within- thi * days ;af &-,holding of a mediation session; then rt shall belsi b itte(ffor binding
'arbitration to t}ie Ariierican Arbitration Association nearest toi Statesville; North.Earolina pursuant.io its•
Camm'eicsal Alltitration.ltules,,excepCthat sputes w�thin,their, jurisdk6onal,lirrut shall:be,resalved
in:the email claiins,ar co�n�ty coons of•Iredelltpunty, and (b);di§puteS lri wtuchia party 5eW tijunctive.
relrt:f shalI'i a icsolved' in the district courts of,Iiedell Coirrity;�in whirls case,all cIgtri liial be resolved,:
in'"such lawsuit. The-parties,consent•to;peno-nal,ji risdiction and >venue being`proper:tn such courts:4n,an,
;arbrtrati6 thi. arbitrator's tar `shall be •firtai,and' bin'diijg: and may. be entered' in 'sny-,, ur having
jurisdiciion,thereof e _ - _ -
12.1.2: Notices. All" noticek.requests .demands, consents,:and:other cominunicakioiis that
arc-recjuired•or rna}►`be giveri:uniier this Agreeirient (collectively,`thc "Notices) -shall tre in writing;attd'
•lg-

shall.+lie given .either (a) by pei5onal detivery.•againsya3receiPted-;copy, {b} by=certif d or registered`
United Slates mail, return, receiptiegiiested; postage prepaid,. (c) 'by iecggnized` overriight.:delivery
service, or (d) by email;. with confirrfiation,of delivery,.to the,addresses-set:foith,below,,or to•such other
'address of which written notice -in accordance With,thWSection_ 12.12.9h2ill:have_been provided -by such
party: Notices may only -be given in the',madher•descfibed in -I". Section-II.."ll,and.shalf-be deemed
received.when.given' iji'su& cnaiiiier.
12:13., Further Asgnrane `.-Each of.the parties t6lhis:Agreemem-;shall cooperate with
the other: and execute, ani�liver,,fa' "tlie 'other parry to this Agreement such_other :instrument' : and
-documents and take such otlier actions as may •be-reasbnably-tiquested from time-t� 01m6,by the. other
party to this:Agreemeat as tiecessary.to carry.aut'or evidence the purposes of this Agreement:
12A4 Costs .arid .Expenses..Each of die-: parties shall, be solelytresponsible:for'its,•own
costs. and expenses I incurred' in<connection with this A'gre6nen•t and, the transactions :contemplated
hereby. - .
(Signature P, dge(s): to Follow)
.i37T 41.6
i20'..

IN WITNESS, -WHEREOF; O*-,h6.ex66td'hisA- empt
isldft.dati flist set forth-
above.
'SELLER
Gal&w4y.Rec O-very,., Inc.
By:
Add'24v
A
Anig; �11
PRINCJAL,
tharlesi.v. k;wd, IddNidually
Address for. notice is the §a;ne.a-s'seller.
MACkASEA
Gateway Recycling; Inc:.
Or PWI
lacobb.,abe-;'Preitda'it
Address: -
,Efna I il-'� 'aeo'- h4hk .
21

HCDENR
North Carolina Department Of cEnvironmeri and ,Natural RSSCI;rC_H
evedy waves , erdue
r-c5/efrlcr
Mr. Chris Delzell
Gateway Recovery, Inc.
173 Orbit Road
Statesville, North Carolina 28677
Dear Mr. Delzell:
0i'fision cf tiNater Cuality
Colson H. Suilins
Director
. February 7, 2011
Dee feernan
Secreiary
C�.
Subject: No -Exposure Certification NCGNE075#7
Gateway Recovery, Inc
173 Orbit Road, Statesville, NC
Iredell County
The Division has reviewed your submittal of the No -Exposure Certification form for Exclusion from NPDES Stormwater
Permitting. Based on your submittal and signed certification of no exposure at the above referenced facility and the site
visit of July, 2010 (pre -application), the Division is granting your conditional exclusion from permitting as provided for
under 40 CFR 122-26(g), which is incorporated by reference in North Carolina regulations.
Please note that by our acceptance of your no -exposure certification, you are obligated to maintain no -exposure
conditions at your facility. If conditions change such that your facility can no longer qualify for a no -exposure
exclusion, you are obligated to immediately obtain NPDES permit coverage for your stormwater discharge.
Otherwise, the discharge becomes subject to enforcement as an un-permitted discharge.
You must self re -certify your No -Exposure status annually using the included form or obtain NPDES permit
coverage for any stormwater discharges from your facility. The annual self re -certification form should be
maintained on site and does not need to be submitted to DWQ unless requested.
Your conditional exclusion from permitting does not affect your facility's legal requirements to obtain environmental
permits that may be required under other federal, state, -or local regulations or ordinances. If you have any questions or
need further information, please contact Marcia Allocco at [phone], or at [e-mail]
Sincerely,
for Coleen N- Sullins
cc:
Stormwater Permitting Unit No- Exposure Files (Cory Larsen)
Mooresville Regional Office One Location; 610 East Center Ave., Suite 301 Mooresville, NC 28115 North Cdrohna
Phone: [phone] Fax: [phone] Customer Service: 1-877-623-6748
Inlemet: /atltrally

No -Exposure Self Re -Certification Information:
You are obligated to maintain no-exoosure' ccnditions at your facility. If conditions change such that
your facility can no longer qualify for a no -exposure exclusion, you are obligated to immediately obtain
NPDES permit coverage for your stormwatur discharge. Otherwise, the discharge becomes subject to
enforcement as an un-permitted discharge. State statute provides for fines of up to $25,000 per day for
un-permitted discharges.
Your conditional no-exoosure exclusion must be self re -certified at least annually as follows:
- Complete the re -certification at a minimum of once per year using the included Self Re -
Certification Form.
(additional copies can be downloaded from http)/portal.ncdenr.org/vveb/wglws/su/npdessw#Nc_Exposure_NPDES )
- Maintain a record of re -certifications on file at the facility. Do not submit the re -certification to
DWQ unless requested. If requested, submit a copy of the re -certification to the Division and/or
the municipality in which the facility is located.
-During an inspection by DWQ or local government, provide the re -certifications immediately
upon request.
- Notify the Division of any changes in ownership, significant facility and/or activity changes, or if
the facility can no longer maintain no -exposure.
-Allow the NPDES permitting authority or, if discharging into a municipal separate storm sewer
system, the operator of the system, to: (1) inspect the facility; and (2) make such inspection reports
publicly available upon request.
* "No exposure" means that all industrial materials and activities are protected by a storm resistant shelter to
prevent exposure to rain, snow, snowmelt, and/or runoff. Industrial materials or activities include, but are not
limited to, material handling equipment or activities, industrial machinery, raw materials, intermediate
products, by-products, final products, or waste products. Material handling activities include the storage,
loading and unloading, transportation, ❑r conveyance of any raw material, intermediate product, final product
or waste product. (40 CFR 122.26(g))
Information and forms related No -Exposure Certifications can be accessed on the website at.-
httpi//portal.ncdenr.org/web/wq/ws/su/npdessw#No—Exposu re_N P DES
Rev. 28Ju12010