NC0005274_Application_20140121

NPDES DOCWdENT :SCANNING% COVER SHEET
NPDES Permit:
NC0005274
Document Type:
Permit Issuance
Wasteload Allocation
Authorization to Construct (AtC)
Permit Modification
Complete File - Historical
Engineering Alternatives (EAA)
Permit Application ,
Instream Assessment (67b)
Speculative Limits
Environmental Assessment (EA)
Permit
History
Document Date:
January 21, 2014
This; document its printed on reuse paper - ignore any
content on the reYersse ride

KINGS MOUNTAIN VENTURE #1 LLC
17A Marlen Drive
Hamilton, NJ 08691
Phone: [phone]
January 21, 2014
Via Email to Julie.grzyb(ncdenr.gov
NCDENR
Division of Water Resources
Water Quality Permitting Section/Wastewater Branch
1617 Mail Center
Raleigh, NC 27699-1617
Attn: Julie Grzyb
Re: NPDES Permit no. NC0005274
Former Yorkshire Americas Site
Lowell, Gaston County, North Carolina
Dear Ms. Grzyb:
Kings Mountain Venture #1, LLC ("KVM") is providing this letter as a follow up to your
previous conversation with Steven Timm regarding the above noted NPDES permit (the
"Permit").
KVM sold the above noted property to Lowell Investments I, LLC (the "Buyer") effective as of
December 20, 2013. As of that date, the Buyer agreed to take over responsibility for the Permit
and seek an extension/ modification of the Permit.
KMV confirms that: (i) all water associated with the subject site has been discharged under the
Permit and no further discharge of water is necessary; (ii) the discharge pipe was capped on
December 20, 2013; and (iii) the Buyer has assumed responsibility for the handling and disposal
of all sludges from the settling tanks at the site as required by the terms of KMV's sale
agreement with the Buyer.
If you have any questions, do not hesitate to contact me.
Sincerely,
Thomas J. Barlow
Associate General Counsel
lim@mowm p
JAN `2 4. ?1114
DENR WATER QUALl r"
POINT SOURCE BRANCH

A7A
NCDENR
North Carolina Department of Environment and Natural Resources
Division of Water Resources
Water Quality Programs
Pat McCrory Thomas A. Reeder John E. Skvarla, III
Governor Director Secretary
January 10, 2014
Mr. Tom McKittrick, Manager
Lowell Investments I, LLC
5320 Old Pineville Road
Charlotte, North Carolina 28217
Subject: Acknowledgement of Name/ Ownership
Change Form and Application for Permit
Renewal
NPDES Permit NC0005274
Former Kings Mountain Ventures #1 WWTP
Gaston County
Dear Mr. McKittrick:
The Division of Water Resources' Wastewater Branch acknowledges receipt on December 17,
2013, of your Permit Name/ Ownership Change Form and application for permit renewal for
the former Kings Mountain Ventures #1 WWTP; and receipt on December 23, 2013 of the
recorded deed for the sale of the property to Lowell Investments I, LLC.
The Branch also acknowledges, per your letter, that plans for the property are still being
developed; that portions of the application for permit renewal are, as a result, incomplete; and
that a primary intent of these submittals is to maintain the NPDES permit and the associated
nutrient allocations, which would have otherwise expired December 31st, until such plans can
be developed.
Change of Ownership, Authorization to Discharge
The Branch has reviewed and does hereby approve your request to transfer ownership of the
subject permit. Lowell Investments I, LLC, is the owner of record and, for the purposes of the
NPDES permit, responsible as of January 1, 2014, for all requirements pertaining to the Lowell
facility.
The subject permit is administratively extended until the Branch determines whether to re -issue
the permit or deny the application. Pursuant to state and federal NPDES permitting rules, the
Branch's permitting decision must undergo a public review process and address all concerns
before a permit is issued or denied.
Because the application is incomplete, we cannot prepare a new permit document at this time.
1617 Mail Service Center, Raleigh, North Carolina 27699-1617
Location: 512 N. Salisbury St. Raleigh, North Carolina 27604
Phone: [phone] Fax: [phone]
Internet: www.ncwaterauality.orq
An Equal opportunitylAffnnative Action Employer

Mr. Tom McKittrick, Manager
NPDES Permit NC0005274
January 10, 2014
Consequently, Lowell Investments has no authorization to discharge wastewater to surface
waters. It is our understanding that Kings Mountain Venture has plugged the facility's
discharge lines, and these should remain plugged to prevent the possibility of discharge.
I am attaching, for your information, a copy of the standard and general permit conditions
found in every NPDES wastewater permit. Because most of these conditions repeat state or
federal rules, they apply to the Lowell facility despite the absence of a new permit. You should
familiarize yourself with Parts II and III, in particular (the conditions in Part IV apply only to
municipal facilities).
Reporting Requirements
North Carolina rules (see 15A NCAC 02B .0506(a)(1)(E)) require that permittees submit monthly
discharge monitoring reports (DMRs) to the Division of Water Resources, even when there is no
discharge from the facility during the reporting period. In this case, the DMR forms should be
completed and signed as usual except that "No Discharge" should be typed or written in the
daily data section and marked so as to clearly indicate the full month. Permittees must still pay
the Annual Administering and Compliance Monitoring Fee associated with the permits even if
there is no discharge.
Parts II and III include requirements concerning DMR reporting (Condition D.2. of Part II),
authorized signatures (II.B.11.), and annual fees (II.D.14.), all of which apply immediately.
Permit Status
The Branch will maintain the permit as administratively extended for the time being in order to
allow Lowell Investments a reasonable opportunity to complete plans for the property and
provide a complete and accurate permit application. Upon receipt of the revised application, we
will begin our review in earnest. However, it is not our intent to extend the permit indefinitely
and, in the worst case, failure to provide an acceptable application could result in denial of the
permit.
Expanding on an earlier point, no discharge is authorized until wastestreams to be generated or
treated at the facility are fully characterized, the permit application forms are completed and
submitted, and the Branch modifies the NPDES permit accordingly. Lowell Investments should
provide its completed application at least 180 days prior to the anticipated discharge in order to
allow sufficient time for preparation and issuance of the modified permit.
I look forward to receiving additional information regarding your plans for this site. If you have
any questions, please contact me at 919-807-6402 or [e-mail] or Tom Belnick at
919-807-6390 or [e-mail].
Copies: Mooresville Regional Office, Surface Water
Central Files
WPDES File��
Sincerely,
Michael E. Templeton, P.E.
Environmental Engineer
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Forsite
Development Inc.
5320 Old Pineville Road I Charlotte, NC 28217 I T: 704,364.9100 I F: 704.364.0090
December 17, 2013
Mr. Jeff Poupart
NCDENR / Division of Water Resources
Water Quality Permitting Section / Wastewater Branch
1617 Mail Service Center
Raleigh, NC 27699-1617 North Carolina DENR
DENR-1NATEF. DUALITY
POINT SOURCE BRANCH
RE: Reissuance of NPDES Permit NC0005274 Kings Mountain Ventures
#1 LLC Americas
Dear Mr. Poupart;
I am writing to request a Memorandum of Agreement between NCDENR DWQ
and Lowell Investments I, LLC to place the above referenced NPDES Permit "on
hold" so that this facility could be re -permitted as part of the site's redevelopment.
This .329 MGD facility is known as the Kings Mountain Ventures #1 plant located
at 1602 N. Main Street in Lowell, NC and was known formerly as the Yorkshire
Americas plant.
The subject permit is currently under a modified permit issued December 17,
2012 to Kings Mountain Ventures #1. This permit contemplated the final
discharge of waste water from a 400,000 gallon storage tank to the South Fork of
the Catawba River. This existing permit is set to expire December 31, 2013.
Lowell Investments I, LLC is scheduled to purchase the facility from Kings
Mountain Ventures on or around December 20th (for sure by year end). Lowell
Investments is an affiliate of Forsite Development Inc., a Charlotte based real
estate firm whose core business is Brownfield redevelopment projects in the
Southeast.
Part of our redevelopment plan is rehabbing several of the existing buildings on
the premises to attract recycling and environmentally responsible related
business (Lowell Recycleplex). Additionally, we are looking to retain much of the
existing WWTP infrastructure because the site is not connected to the municipal
sewer system and there is no municipal service along N Main Street near the
site. We are currently exploring several potential options for the WWTP and the
NPDES permit is a key element that will allow for the site's redevelopment.
Please find attached a conceptual master plan.
1

We are exploring a variety of options for the WWTP including the re -permitting
and reopening the WWTP to treat specific third party aqueous wastes. If this
option is pursued, we would create a JV relationship with a third party firm to
operate the facility. We have met with several private WWT companies and Two
Rivers Utilities (Gaston County) regarding the possibility of reopening the plant.
Based on these conversations and our experience with the Clariant Mt. Holly
East plant (now ReVenture Park), we are highly confident there is substantial
demand for third party waste treatment. We fully recognize that we would have
to determine the specific waste streams and their characteristics to officially re -
permit the facility for this use.
To be clear, the NPDES permit represents the single most valuable asset
associated with this site. Ensuring its survival is the key element that will allow
for the site's redevelopment. Like many communities, Lowell has been stung
with job losses and the revitalization of this site has the ability to spur significant
economic development.
Attached please find an Ownership Change Form (and sales contract), and
NPDES forms I and 2E. We recognize that parts of these forms are incomplete.
Once we have confirmation from DWQ that the permit can survive via a
Memorandum of Understanding, we will proceed with pinning down the specifics
to accomplish an actual permit renewal / modification.
I fully recognize this is a unique situation. Thank you in advance for your
consideration and I look forward to working through this matter with your
depart
TMcKit ric
resident
Forsite Development, Inc.
[Manager; Lowell Investments 1, LLC]
Cc.
Tom Belnick, NCDENR
Mike Templeton, NCDENR
Steve Hart, Hart & Hickman
Steve Weber, Parker Poe
2

C�
Forsite
llcvelopmnnt
Building 13
Machine Shop
Building 11
Research Lab
Testing
Greenspace
Wood Fuel
Processing/
Yard
Greenspace
Greenspace
Lowell Recycleplex
Waste Water
Treatment
Facility
Building 3
Recycling
Warehouse
Building 1
Key Man
Office Building
1602 N. Main Street Lowell, NC

(Page 1 of S)
Brief description for ilk Iadebcy,�
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Excise Tali $309:Q0: `.. Recording Time, Book and Pager
Tax Lot I b,: ; \ Parcel Identifier No.127479 and 127477
Mail after is tak Cheryl Oteale, IIsq. Horaek, Talley, Pharr & Lowade;s, P.A. 2600 Ono Wells Fargo Center,
301 South c ISt#cet Cb 1oJo NC,28202.6
This instrument was tiregarertiy: Itonsa§ J.
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Doe ID: 010008920006 Tyne: CRP
Recorded: 12/20/2013 at 03:35:t9 Pm
Fee lust: 5325,00 Paae I of 5
Revenue lax: isoo 00
Instal 20130o022869
Gaston MC
Susan a. Lockridge Recliner of Deeds
BK4711 o70-74
NORTH CAROLINA SPECIAL WARRANTY DEED
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THIS DEED made as of th '241tit day of Dfcember, i 0tyliy'aind between:
GRANTOR
KINGS MOUNTADN VENTURE##1, LLC,
a North Carolina Limited Liability ^compan)f
whose mailing address is: ;
17A Marley Ddvc s 1%
Hamilton, New Jersey 08691 ~•. _% h. ;
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GRANTEE
LOWELL XNVESTMENTS I, LLC,
orth Carolina Limited Liability Company
address is:
3'320 Old•Zinevillc Road
Chn>;rlotto, TIC 28217
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Ito designation Circonerand Grantss, as used herein, shIh inch* said pities, tile.'' rAim successors, and assign:, cod shall
include singular, plural, mescaline, feminine or mast es retired by castex, i
i
WTTNESSfiTH, that Grantor, for and in c of the suin opaa.Cad No/100 Dollars ($10.00) and
other good and valuable consideration in hand paid at 41 before the delivery ot';1'Iese presents, the receipt and
suffaieacy of which are hereby aclarowledged, has granted bargained. sold, :naasfensd, conveyed and confirmed
and by these presents does giant, bargain, sell, and convey si(,ito the Grantee in fix simple, ailjikt certain tract or
parcel of land lying and being in Gaston County, North Carolina, being mom Oracularly desc:s'baon i t
(the "Property") attached hereto and Incorporated herein by refer , r r `.
The Property heaeinabove described was acquired by Grantor by Banlguptci Trutt6b's 17 i dtyted June 23,
2006 fun Wayne Sigmmr, Trustee of the Bankruptcy Estate of Yorkslire Ameticasiktc.,;recorl1d`IIS Book 4232,
Page 1281, Gaston County Registry. i r
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All or a portion of the Property heroin conveyed does not includetitb prbnaArtaidetee of Granter.
TO HAVE AND TO HOLD the aforesaid Property and all privileges and 1ag�iurte�p�thesato onging
to the Grantee in fee simples i
And Grantor covenants with Granted, that Grantor has done nothing to title to impair such a .4'9ra'ntor
received, mid Grantor will warmth and defend the tide against the lawful claims of all bersoa4 elaimitwg`by, ttaderpr
through Grantor, except for the Permitted Exceptions (as hereinafter defined). ..i i
'lifts to the Property is subject to the matters set fortis on Exhibit "B" attachedh�,'~�" , 1 "Permitt
Excepdons"). "t•(
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'1 124•W11 NESS WHEREOF, Grantor has caused this instrumentto be signed in its name and
: dcIivcn d as of. the date indicated on the fist page of this Decd.
' % GRANTOR:
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• Name: Ronald Gale
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Mercer County, 'Jersey: \.
I certify tilt follo / "�+ 1 lie wistg �acrsai; personally appeared before me this day and acicaowledgcd to
me that be or sbe`wr ly sib the fotegaio ,da ument for the purpose stated therein and in the
capacity indicated: R� Gait I I \
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Date: December 1Q. 2 3 i / '
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. 1 1 Ve,LAJAC
My cot* eflfiliss
KINGS MOUNTAIN VENTURE #], LLC
Title: President
International ProcessPlants and Equipment Corp.
(Sole Member)
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Book: 4711 Page: 70 Sag: 2

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EXHIBIT "A"
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LEGAL DESCRIPTION TO DEED
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`"deginnfintr'at an existing concrete monument on the right of way of Main Street,
.t. also.known ex%powell 8penoer Mountain Road (SR 22D1), a common corner with
Gaapan County property, and with the Lowell Corporate Limits line N. 41' 36'-
..`....32E. A69.17';=paseing over an existing iron pin at 824.03' to a point at the
bank of the Sobth%Fork of the Catawba River thence with the bank of the South
Fork o'F the catawt4 River 8. 50'-37'--49" E. 850.03' to a point, thence leaving
the: liver bafak• 8. 4 '-53'-39" W. 1033.31' to an an existing iron pin on the right
of way of lain; Street, passing an existing concrete monument at 74.53' from the
river bank., thence tiiith the right of way of Main Sweet 12 calla as follows, S.
20'41' 26" g 114.Q1', S. 20°--25'-33" E. 82.62', 9. 22.-50'-51" E. 64.83', S.
27'-1 '-00" E. 61. GU' , 8. 31°-49'-39" 5. 64.09', 8. 36°-00' 37" E.
59.74' ,.B.f.4O'--07',-22"1E,, 51.03', S. 45'-02' 32" E. 76.72', S. 49'-46'-• 03" E.
50.09', 9: 54'--27/-34" 2. 6.83' , S. 60° 24'--48" E. 87.98' , S. 60'-43'-10" E.
131.05' tee the p4iat and p1e a of beginning, containing 17.25 acres as shown on
a survey porparddy Ric)}erd Boyd Brooks, PLS .
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Beginning at an exciting irgn pin on, t?se *ight of way of Main Street, also
known as Lowell SpenentE M ata,th Road, is 4 d d4sting iron pin being the common
coiner between Tract I and Trafct II 6f the Dyoi.& Chemical Corporation as
described in Deed book 243age 433, %thdnae frob said beginning point N. 40'-
53'- 39" E. 1,033.31' passing overionleAttstilea concrete monunent at 958.78' to
a point on the bank of that South Bork ,6f the'" Cata4tba River, thence along the
bank of the South Fork of the Catikeba<'River 'S J 531-551 38' 8. 173.28' to a
point on the bank thence sot tinu ng with thoiriva.b k S. 59'-50'-- 03" E.
126.00' to a point in Housor'+Caree4, *knee ltraw'3ri ` thrt .rivoar bank and with
Bousar Creek S. 17 =57' S4" W:w q/ 105.8to p;i a nt�dn Weser Creek, thence
leaving Houser Creek and with ttfn ft t progortyae described in Deed book
2924 page 400 and Deed book 2814 page 99,,0% 6 h+p 8. 184.79' to an
existing iron pin, thence coutinuisg withfthe Tpolbe* property 6 more lines, S.
41'-38'- 59" E. 191.32', S. 11' 11' 4" E.f 60640' ton existing iron pin.
thence S. 14' 36'- 12" E. 135.17' tan exietissg iro! pin, thence 8. 20°-58'-
22" E. 100.06' to an existing iron psq, Bence 8. l8f-25'-49" E. 199.88' to an
existing iron pin, thence S. 72°03'.41, W. X26.99'.to a point in the
centerline of Main Street passing an exasbT g iron, pf n at 90.19' , thence with
the centerline of the road 16 calla, N. 4P-40' 24" 01: 10 7' , N. 59'.46'-50"
W. 99.00' , N. 69'-05'-40" W. 99.81', N. 7e?-04'--Q$";151. 99.80., N. 78° 38'-41"
W. 99.85' , N. 79°-05'- 02" W. 99.84' , N 79"--05'-28'; W. 100.02%., N. 78'- 59'-40"
W. 100. 00' , N 78°-04'-56" W 99.90', N. 76'-og'-5)"; W 99.99i , p= 68Y-2'-51" W.
99. 68' , H. 58'-38'-26" W. 99.82' , N. 48°- 513041 )' pi. 99:487'., N: 37°--451r 05" W.
99.96', H. 28 -23'- 19" W. 99.90', N. 23' 23'- 6" W. 101.2P, 1hanka leaning
the centerline of the road, N. 40'-S3'- 39" 8. 32.02' to tse po t apd place of
beginning, containing 27.75 acres as ahown on a botindarf aurva •;ticbdrd Boyd
Brooks, PEWS. ti �•'� • 1 ��
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Book: 4711 Page: 70 Seq: 3

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Axing "gr
' ' I: ♦ PERMITTED EXCEPTIONS
• 1. .The lien of real estate taxes. taxes imposed by special assessment and water, sewer. vault,
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•• ;public space and other public charges which are not yet due and payable.
; w 2.'abte laws (including zoning, building ordinances and land use regulations).
3. Ail easements, restrictions, covenants, agr eemehts, conditions, or other matters of record.
\, r 4. All matters that maybe revealed by a current and accurate survey or inspection of the property.
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aorscxrsrtety. WsRevco* sayodkrobst nddoaeasOldbtart,ariwaosPnescssto .mtor.eeNon,
me. bentesso. WON Asada mama atiY%taus sal oeeblotbs' ttrst140mapudtois•cabal
and *Ow 4'a.8,c4oaz60ta!to Wad elates Cods.a4aiQ �aaoanaldfaatnreske
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fibs Poporty can also be described as being all of the coal estate conveyed by
two Dbuds\•coat Crompton i !Moyle& Colors incorporated to Yorkshire Americas,
! Inc.; a Bc th Carolina corporation, recorded in tho Gaston County Registry on
J , Dacgmber,2.1, 1999 in Book 3028 at Pages 0631 and 0635. The metes and bound
• da4bription above is taken from the Quit Claim Deed recorded at Book 3028, Page
0635.
• ....
♦ ..albs yu \x)y prepared by Richard Boyd Brooks, PIA which is referenced by the
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• motes t�ndtounda description above can be more fully described as that Plat
b oa oded " TA/AC$M Land Title Survey for Yorkshire Americas, Inc.," dated
\.. Oj obet 27, 2999 as Last revised March 24, 200O.
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Book: 4711 Page: 70 Seq: 5

Ct:
Gaston, NC
Susan S. Lockridge Register of Deeds
325 North Marietta Street
Gastonia, NC 28052 •
Phone Number: [phone]
Fax Number: [phone]
Official Receipt: 2013-00032179
printed on 12/20/2013 at 03:38:33 PM
y: 68 an 7-PC
KEMP MICHAEL
Date Recorded: 12/20/2013
instrument ID. Recorded Time ount
Bk 4711 Po 7D 03:35:19 PM
DEEDS i
KINGS MOUNTAIN VENTURE #1, LLC
TO:LOWELL INVESTMENTS I, LLC
Itemized Check Listing
Check V 43822
TOE Tru
Paid By Check:
Change Tendered:
HAVE A NICE DAY

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Gaston County, North Carolina Register of Deeds - Susan S. Lockrldge
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GRANTORS
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GRANTEES
LOWELL INVESTMENTS I, LLC
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State of North Carolina
Department of Environment
and Natural Resources
Division of Water Resources
Pat McCrory, Govemor
John E. Skvarla III, Secretary
Thomas A. Reeder, Director
ATA
NCDENR
PERMIT NAME/OWNERSHIP CHANGE FORM
I. CURRENT Permit Information:
Permit Number(s): i.e. NC0012345 or NCG501234 NC0005274
Permit Holder's Name: Kings Mountain Ventures #1
Facility Name:
Former Yorkshire Americas/Kings Mountain Ventures #1
d %7711
II. NEW Owner/Name Information: �c_.. "D
1. This request for a name change is a result of: DEC 18 2013
(M a. Change in ownership of property/company
❑ b. Name change only
❑ c. Other (please explain):
2. New owner's name (name to be put on permit):
Lowell Investments I, LLC
DENR-WATER QUALITY
POINT SOURCE BRANCH
3. New owner's or signing official's name and title (Person legally responsible for permit):
4. Mailing Address:
Address: 5320 Old Pineville Rd
Tom McKittrick
Name
Manager
Title
City: Charlotte State: NC Zip: 28217
Telephone #: [phone] Cell #: 704-609-1986
Email: [e-mail]
1617 Mail Service Center, Raleigh, North Carolina 27699-1617 Telephone [phone] FAX [phone]
An Equal Opportunity Affirmative Action Employer 50% recycled / 10% post -consumer paper

THIS APPLICATION PACKAGE WILL NOT BE ACCEPTED BY THE DIVISION UNLESS
ALL OF THE APPLICABLE ITEMS LISTED BELOW ARE INCLUDED WITH THE
SUBMITTAL.
REQUIRED ITEMS:
1. This completed application form
2. Legal documentation of the transfer of ownership
(property deed, articles of incorporation, or sales agreement)
CERTIFICATION:
I, 7 o-mAS J. c err* eke' 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 informa• attachments are not included, this application package will be returned as
incomplete.
Signature:
1
Date: 42./7/ 3
THIS COMPLETED APPLICATION PACKAGE,
INCLUDING ALL SUPPORTING INFORMATION & MATERIALS,
SHOULD BE SENT TO THE FOLLOWING ADDDRESS:
NC DENR / DWR / WQ Permitting Section
1617 Mail Service Center
Raleigh, North Carolina 27699-1617
mpk / Revised 9/1/13

Please print or type in the unshaded areas only
fill-in areas are spaced for elite type, i.e., 12 characters/inch).
For Approved. OMB No. 2040-0086. Approval expires 5-31-92
FORM
I
GENERAL
U.S. ENVIRONMENTAL PROTECTION AGENCY
I. EPA I.D. NUMBER
GENERAL INFORMATION
TtA
C
,�'EPA
Consolidated Permits Program
F
NCD044444735
(Read the "General Instructions" before starting.)
1
2 13
14
15
LABEL ITEMS
GENERAL INSTRUCTIONS
I. EPA I.D. NUMBER
If a preprinted label has been provided,
affix it in the designated space. Review the
information carefully; if any of it is
III. FACILITY NAME
incorrect cross through it and enter the
correct data in the appropriate fill-in area
below. Also, if any of the preprinted data is
absent (the area to the left of the label
V. FACILITY
MAILING LIST
space lists the information that should
appear) please provide it in the proper fill -
in area(s) below. If the label is complete
and correct you need not complete Items
I, III, V, and VI(except Vl-B which must be
VI. FACILITY
LOCATION
II. POLLUTANT CHARACTERISTICS
INSTRUCTIONS: Complete
questions, you must submit this
the supplemental form is attached.
excluded from permit requirements;
A through J to determine whether you need to submit any permit application forms
form and the supplemental from listed in the parenthesis following the question.
If you answer "no" to each question, you need not submit any of these forms.
see Section C of the instructions. See also, Section D of the instructions
completed regardless). Complete all items
if no label has been proved. Refer to the
instructions for detailed item descriptions
and for the legal authorization under which
this data is collected.
to the EPA. If you answer "yes' to any
Mark "X" in the box in the third column if
You may answer "no" if your activity is
for definitions of bold-faced terms.
MARK"XFORM
MARK "X"
SPECIFIC QUESTIONS
YES
NO
FORM
ATTACHED
SPECIFIC QUESTIONS
YES
NO
ATTACHED
A. Is this facility a publicly owned treatment works
which results in a discharge to waters of the
U.S.? (FORM 2A)
B. Does or will this facility (either existing or
proposed) include a concentrated animal
feeding operation or aquatic animal
production facility which results in a discharge
❑
��
❑
16
17
18
to waters of the U.S.? (FORM 2B)
19
20
21
C. Is this facility which currently results in
discharges to waters of the U.S. other than
D. Is this proposal facility (other than those described
in A or 8 above) which will result in a discharge
❑
���
❑
those described in A or B above? (FORM 2E)
22
23
24
to waters of the U.S.? (FORM 2D)
25
26
27
E. Does or will this facility treat, store, or dispose of
hazardous wastes? (FORM 3)
F. Do you or will you inject at this facility industrial or
municipal effluent below the lowermost stratum
containing, within one quarter mile of the well
bore, underground sources of drinking water?
❑
��
❑
28
29
30
(FORM 4)
31
32
33
G. Do you or will you inject at this facility any
produced water other fluids which are brought to
the surface in connection with conventional oil or
natural gas production, inject fluids used for
enhanced recovery of oil or natural gas, or inject
fluids for storage of liquid hydrocarbons?
H. Do you or will you inject at this facility fluids for
special processes such as mining of sulfer by the
Frasch process, solution mining of minerals, in
situ combustion of fossil fuel, or recovery of
geothermal energy? (FORM 4)
❑
��
❑
(FORM 4)
34
35
36
37
38
39
I. Is this facility a proposed stationary source
which is one of the 28 industrial categories listed
in the instructions and which will potentially emit
100 tons per year of any air pollutant regulated
under the Clean Air Act and may affect or be
❑
���
❑
J. Is this facility a proposed stationary source
which is NOT one of the 28 industrial categories
listed in the instructions and which will potentially
emit 250 tons per year of any air pollutant
regulated under the Clean Air Act and may affect
❑
1►� '
❑
located
III. NAME
C
in an
SKIP
attainment area? FORM 5
OF FACILITY
Kings Mountain Ventures
40
#1 (Current);
41
42
Lowell
or be located in an attainment are? FORM 5
Investments 1(Proposed)
43
44
45
1
15
IV.
16-29
FACILITY
30
CONTACT
69
A. NAME & TITLE (last first, & title)
B. PHONE (area code & no.)
c
Tom McKittrick, Lowell Investments 1, LLC
704
717
5520
2
15
V. FACILITY
16
MAILING ADDRESS
45
46 48
49 51
52 55
A. STREET OR P.O. BOX
5320 Old Pineville Rd.
3
15
16
45
B. CITY OR TOWN
C. STATE
D. ZIP CODE
c
Charlotte
NC
28217
4
15
VI.
16 40
FACILITY LOCATION
A. STREET, ROUTE NO. OR OTHER SPECIFIC IDENTIFIER
41 42
47 51
1602 N. Main Street
5
15
16 45
B. COUNTY NAME
Gaston
46 70
C. CITY OR TOWN
D. STATE
E. ZIP CODE
F. COUNTY CODE
c
Lowell
NC
28098
37071
15
16 40
41 42
47 51
52 54
EPA FORM 3510-1 (8-90)
CONTINUED ON REVERSE

CONTINUED FROM THE FRONT
VI!. SIC CODES (4-di•it, in order of •riori )
A. FIRST
B. SECOND
c
(specify)
To Be Determined
7
(specify)
15
16 17
15
16 19
C. THIRD
D. FOURTH
(specify)
(specify)
1
7
15
VIII.
16 17
OPERATOR
INFORMATION
15
16 19
A. NAME
B. Is the name listed in Item
c
Kings Mountain Ventures #1 (Current Operator)
VIII-A also the owner?
8
/I
YES ❑ NO
18
19
55
C. STATUS OF OPERATOR (Enter the appropriate letter into the answer box;
if "Other," specify.)
D. PHONE (area code & no.)
F = FEDERAL M = PUBLIC (other than federal or state)
S = STATE O = OTHER (specify)
P = PRIVATE
p
(specify)
C
609
838
6051
A
56
22 25
15
16 18
19 21
E. STREET OR PO BOX
17A Marten Dr
26
55
F. CITY OR TOWN
G. STATE
H. ZIP CODE
IX. INDIAN LAND
c
Hamilton
NJ
08691
Is the facility located on Indian lands?
❑ YES
►ZI NO
15
X.
16 ao
EXISTING ENVIRONMENTAL PERMITS
A. NPDES (Discharges to Surface Water)
42 42
D. PSD (Air
Emissions
47 51
from Proposed
Sources)
T
I
9
1NC0005274
9P8
15
16
17
18 30
15
16
17
18 30
B. UIC
(Underground Injection of Fluids
E. OTHER (specify)
(Specify)
C
T
I
C
T
8
9
U
9
15
16
17
18 30
15
16
17
18 30
C. RCRA (Hazardous Wastes)
E. OTHER (specify)
(Specify)
NCD044444735
T
9
R'
9
15
16
17
18 30
15
16
17
18 30
XI. MAP
Attach to this application a topographic map of the
show the outline of the facility, the location of each
hazardous waste treatment, storage, or disposal facilities,
rivers and other surface water bodies in the ma. area.
XII. NATURE OF BUSINESS •rovide a brief descri•tion)
area extending to at least one mile beyond property boundaries. The map must
of its existing and proposed intake and discharge structures, each of its
and each well where it injects fluids underground. Include all springs,
See instructions for •revise re. uirements.
To be determined. Business or businesses will
utilize the existing wastewater treatment facilities for non -
process wastewater disposal.
XIII. CERTIFICATION see instructions
I certify under penalty of law that i have personally
all attachments and that, based on my inquiry of those;
the application, 1 believe that the information is true;
submitting false information, including the possibilit
examiged and am familiar with the information submitted in this application and
persons immediately responsible for obtaining the information contained in
accurate and complete. i am aware that there are significant penalties for
of fine and imprisonment.
A. NAME & OFFICIAL TITLE (type or print)
Tom McKittrick, Lowell Investments 1, LLC
B. SIGNAT' RE ,. .,
C. DATE SIGNED
f i ' l 7.13
COMMENTS FOR OFFICIAL USE ONLY
c
/
C
15
16 55
EPA FORM 3510-1 (8-90)

Please print o type in the unshaded areas only.
EPA ID Number(copyfrom Item 1 of Form 1)
Form Approved. OMB No. 2040-0086.
Approval expires 5-31-92.
FORM
2E
NPDES
I. RECEIVING
--,EPA Facilities Which Do Not Discharge Process Wastewater
WATERS
For this outfall, list the latitude and longitude, and name of the receiving water(s).
Outfall
Number (fist)
Latitude
Longitude
Receiving Water (name)
South Fork Catawba River
Deg
Min
Sec
Deg
Min
Sec
00:1
35
17
13
81
06
13
II. DISCHARGE DATE (/f a new discharger, the date you expect to begin discharging)
III.TYPE OF WASTE
A. Check the box(es) indicating the general type(s) of wastes discharged.
Other Nonprocess
Sanitary Wastes 0 Restaurant or Cafeteria Wastes ❑ Noncontact Cooling Water 0 Wastewater (identify)
B. If any cooling water additives are used, list them here. Briefly describe their composition if this information is available.
IV. EFFLUENT CHARACTERISTICS
A. Existing Sources — Provide measurements for the parameters listed in the left-hand column below, unless waived by the permitting
authority (see instructions).
B. New Dischargers — Provide estimates for the parameters listed in the left-hand column below, unless waived by the permitting
authority. Instead of the number of measurements taken, provide the source of estimated values (see instructions).
Pollutant or
Parameter
(1)
Maximum
Daily Value
(include units)
(2)
Average Daily
Value (last year)
(include units)
(3)
(or)
(4)
Number of
Measurements
Taken
(last year)
Source of Estimate
(if new discharger)
Mass
Concentration
Mass
Concentration
Biochemical Oxygen
Demand (BOD)
329 lbs/day
123 lbs/day
Total Suspended Solids (TSS)
501 lbs/day
156 lbs/day
Fecal Coliform (if believed present
or if sanitary waste is discharged)
Total Residual Chlorine (if
chlorine is used)
Oil and Grease
'Chemical oxygen demand (COD)
'Total organic carbon (TOC)
Ammonia (as N)
Discharge Flow
Value
0 . 20 MGD
pH (give range)
Value
6 - 9
Temperature (Winter)
°C
"C
Temperature (Summer)
'C
'C
'If noncontact cooling water is discharged
EPA Form 3510-2E (8-90)
Page 1 of 2

V. Except for leaks or spills, will the discharge described in this form be intermittent or seasonal?
D Yes E No
If yes, briefly describe the frequency of flow and duration.
VI. TREATMENT SYSTEM (Describe briefly any treatment system(s) used or to be used)
The existing treatment facilities consist of an Equalization Tank, Neutralization Tank, Primary
and Secondary Clarifiers, and Aeration Tank. The treatment system components to be used will be
determined based upon the expected users of the wastewater plant and will be provided to DENR once
they are known.
VII. OTHER INFORMATION O.tional)
Use the space below to expand upon any of the above questions or to bring to the attention of the reviewer any other information you feel
should be considered in establishing permit limitations. Attach additional sheets, if necessary.
The applicant wishes to renew the existing wastewater treatment facilty permit (NC 0005274) at the
current permit limits for potential use for non -process wastewater for future users of the site.
The current permit limits are as follows:
Flow - 0.20 MGD (monthly average)
BOD 5-day - 123 lbs/day monthly avg; 329 lbs/day daily max.
TSS - 156 lbs/day monthly avg; 501 lbs/day daily max
Total Phenolics - 1.67 lbs/day monthly avg.
PAHs - 0.012 lbs/day (3.6 ug/1) monthly avg.
Total Phosphorous - 7.6 lbs/day monthly avg.
Total Nitrogen - 144 lbs/day monthly avg.
The types of potential site uses and the expected wastewater characteristics are to be determined
and will be provided to DENR once they are known. Effluent characteristics in Item IV are based
upon the existing permitted levels.
VIII. CERTIFICATION
I certify under penalty of law that this document and all attachments were prepared under my direction or supervision in accordance with a
system designed to assure that qualified personnel properly gather and evaluate the information submitted. Based on my inquiry of the person or
persons who manage the system, or those persons directly responsible for gathering the information, the information submitted is to the best of
my knowledge and belief, true, accurate, and complete. I am aware that there are significant penalties for submitting false information, including
the possibility of fine and imprisonment for knowing violations.
A. Name & Official Title
Tom McKittrick, ow 11 Investments I, LLC
B. Phone No. (area code
& no.)
[phone]
C. Signature
D. Date Signed
/ 2- -/ -7 . / 3
er/i7.-------==.—
EPA Form 3510-2E (8=90)
Page 2 of 2

PURCHASE AGREEMENT
THIS AGREEMENT (the "Agreement") is executed and entered into by and between
Kings Mountain Venture #1, LLC, a North Carolina limited liability company (hereinafter
referred to as "Seller") and Lowell Investments I, LLC, a North Carolina limited liability
company (hereinafter referred to as "Purchaser") as of December /7 , 2013 (the "Effective
Date").
1. Real Estate. Seller hereby agrees to sell and convey to Purchaser the land
known as the former Yorkshire Americas Facility located in Lowell, North Carolina and
containing 45+/- acres in Gaston County, State of North Carolina, being more particularly
described on Exhibit "A", including all easements and appurtenances thereto and all buildings
and improvements located thereon, all fixtures, whether denominated real or personal property,
now existing or installed in or about such land and improvements, all equipment, machinery,
appliances, furniture or other items of personal property (now existing or installed in or about
such land and improvements) used or useful in connection with the operation, maintenance,
repair or rental of such land and improvements relating to land and improvements, together with
any and all transferable construction or equipment warranties relating to such land and
improvements and Purchaser's existing NPDES Permit no. NC0005274 (the "Permit"), except
for the excluded equipment set forth on Schedule "A" attached hereto (the `Excluded
Equipment") (all of the foregoing other than the Excluded Equipment being collective referred to
herein as the "Real Estate") on an "As Is, Where Is' basis.
2. Purchase Price. The purchase price for the Real Estate
(the "Purchase Price") payable by Purchaser to Seller at
Closing (described in Section 8 herein) by cashier's check, certified check, wire or other means
acceptable to Seller and Purchaser. Purchaser shall deposit with Horack Talley Pharr &
Lowndes, P.A. 301 South College Street, Suite 2600, Charlotte, North Carolina 28202, (704)
377-2500, (the "Escrow Agent") the non-refundable (except for a Seller default or title objection
as provided below) sum of Twenty -Five Thousand Dollars ($25,000.00) upon execution and
delivery of this Purchase Agreement (the "Earnest Money"). The Earnest Money shall be
applied to the Purchase Price and shall be credited first to any portion thereof payable in cash at
the time of Closing. The Earnest Money shall be returned immediately to Purchaser if Seller
defaults hereunder beyond any applicable notice and cure period.
3. Additional Purchase Price. Purchaser shall use its best efforts to secure a
project or projects with unaffiliated third parties that create a financial upside for Purchaser and
Seller. Seller shall be able to participate in a portion of the revenue generally based on the
following formula:
• For any distributable profits that are generated on the project, the proceeds shall
be distributed in the following manner:
• Purchaser shall receive first any distributable profits equal to
HTPL: 557317v5A (IPP Clean Final rev 12.17.13)
1

•
•
All of Seller's covenants set forth in this Article 3 shall survive Closing.
4. Title. Purchaser has obtained at Purchaser's cost a preliminary title
insurance commitment for the Real Estate (the "Commitment") attached hereto as Exhibit B. If
the Real Estate has been encumbered with any new matters of record since the date of the
Commitment objectionable to Purchaser, Seller shall satisfy Purchaser's objection to such title
matters or Purchaser may terminate the Contract and receive a refund of the Earnest Money.
5. Representations and Warranties of Seller. ., Seller represents covenants
and warrants to Purchaser, to Seller's actual knowledge without investigation or inquiry, as of the
Effective Date and as of Closing, that:
(a) Seller has_good, marketable and insurable title to the Real Estate, free and clear of
all liens, encumbrances, covenants, conditions, restrictions, rights -of -way,
easements and other matters affecting title, except as otherwise disclosed in the
Commitment.
(b) There are no pending, threatened or, so far as Seller is aware, contemplated public
or private proceedings affecting title to the Real Estate or otherwise affecting the
Real Estate, and in particular, Seller has not received written notice of any such
existing or contemplated proceedings. The uses presently being made of the Real
Estate conform to existing zoning laws. Seller has complied with all laws,
ordinances, rules and regulations of any governmental agency or body having or
asserting jurisdiction over the Real Estate,
(c) Seller will immediately deliver to Purchaser copies of any notices sent to Seller
relating to the Real Estate, including but not limited to notices relating to zoning,
taxes, assessments, the availability or use of utilities and condemnation.
(d) Seller makes no covenants, warranties or representations regarding the accuracy,
completeness, or thoroughness of any documents provided to Purchaser pursuant
to Section 4(a) above or otherwise provided in accordance with this Agreement,
except that Seller will use good faith efforts to provide or make available to
Purchaser a complete copy of all such documents in Seller's possession^or in
Seller's reasonable con k.
HTPL• 557317v5A (IPP Clean Final rev 12.17.13)
2

(e) At Closing, there will be no liens or claims against the Real Estate except the
Permitted Exceptions shown on Exhibit B, hereinafter defined.
(f) Seller has no knowledge of any matters relating to platting, subdivision, or zoning
that would interfere with the use or development of the Real Estate for its current
use by Purchaser after Closing.
Seller will maintain at current levels all inventories, building supplies and
personal property used in the normal maintenance, servicing, supplying and
upkeep of the Real Estate, keep all insurance with respect to Real Estate in full
force and effect, maintain the Real Estate in a reasonable, diligent and prudent
manner, keep the Real Estate in its present physical condition, discharge Seller's
responsibilities under all leases, comply with all contracts, all until the Closing
Date, and Seller shall not modify or enter into any new lease or contract, without
Purchaser's consent, that will survive the Closing.
(h) Seller has full right, power and authority to enter into this Agreement and to
consummate the transaction contemplated hereby.
(g)
.EXCEPT AS OTHERWISE EXPRESSLY SET FORTH IN THIS ARTICLE 5, THE SALE OF
THE REAL ESTATE IS AND WILL BE MADE ON AN "AS IS, WHERE IS" BASIS AND
"WITH ALL FAULTS WITHOUT LIMITATION" BASIS AND WITHOUT
REPRESENTATIONS OR WARRANTIES OF ANY KIND OR NATURE, EXPRESS OR
IMPLIED, INCLUDING WITHOUT LIMITATION, ANY REPRESENTATION OR
WARRANTY CONCERNING THE PHYSICAL CONDITIONS OF THE REAL ESTATE.
PURCHASER IS ACQUIRING THE REAL ESTATE SOLELY ON THE BASIS OF ITS OWN
PHYSICAL AND FINANCIAL EXAMINATIONS, REVIEWS AND INSPECTIONS.
PURCHASER WAIVES ANY RIGHT IT OTHERWISE MAY HAVE AT LAW OR IN
EQUITY INCLUDING WITHOUT LIMITATION, THE RIGHT TO SEEK DAMAGES FROM
SELLER IN CONNECTION WITH THE PROPERTY. THE PROVISIONS OF THIS
PARAGRAPH SHALL SURVIVE CLOSING.
6. Representations and Warranties of Purchaser. Purchaser represents and
warrants to Seller that the following will be true as of the Closing:
(a) Purchaser is an entity duly organized and validly existing under the laws of the
State of North Carolina.
(b)
Purchaser has full right, power and authority to enter into this Agreement and to
perform its obligations hereunder.
7. Closing. Closing shall be through an escrow established with the Escrow
Agent, and Closing shall take place not later than December 31, 2013, except as otherwise
agreed to in writing by the parties (the "Closing Date"). Real estate taxes and all items of
income and expense shall be prorated between the Purchaser and the Seller as of the Closing
Date. All assessments made prior to and due and payable as of the Closing Date shall be paid by
the Seller and all assessments made and/or due and payable after the Closing Date shall be paid
HTPL: 557317v5A (IPP Clean Final rev 12.17.13)
3

by the Purchaser. Seller shall pay the transfer taxes, deed stamps, one half of the escrow
charges, Seller's attorneys' fees and other sums customarily paid by sellers of real estate in the
county where the Real Estate is located. Purchaser shall pay for all costs associated with
Purchaser's due diligence, the title search, commitment and policy fees (including any
endorsements required by Purchaser and/or Purchaser's lender), the Survey, and all recording
costs. Possession of the Real Estate shall be delivered to Purchaser at Closing in the same
condition as the Real Estate is in on the date hereof, normal wear and tear excepted. Good,
marketable and insurable fee simple title to the Real Estate shall be transferred by Seller to
Purchaser at the Closing by a North Carolina Special Warranty Deed containing a legal
description based upon Seller's source deed and the Survey, free of all liens, encumbrances,
easements and other matters except for the Permitted Exceptions. Seller shall execute and
deliver to Purchaser at Closing any affidavits and certificates reasonably and customarily
required by the title company issuing the title insurance policy and any documents or reports
required by law. Furthermore and as necessary, Seller shall deliver a bill of sale for all personal
property conveyed under this Agreement, and a blanket assignment by Seller and acceptance by
Purchaser of all contracts and leases which Purchaser agrees to assume, if any. The parties shall
agree to apportion the Purchase Price between real property and personal property.
8. Subsequent Occurrences. If any portion of the Real Estate is condemned
or taken by eminent domain proceedings by any public authority, or if any such proceedings are
initiated against the Real Estate prior to Closing, then, at the option of either party, this
Agreement shall terminate, the Earnest Money shall be returned to the Purchaser, and this
Agreement shall be canceled with no further liability of either party to the other. If at any time
prior to the date of the Closing any portion of the Real Estate is destroyed or damaged as a result
of fire or any other casualty and is not fully repaired prior to the Closing, this Agreement shall
terminate at the option of either party, the Earnest Money shall be returned to the Purchaser and
this Agreement shall be canceled with no further liability of either party to the other.
9. Environmental. Seller has made available to Purchaser all information in
Seller's possession pertaining to the environmental condition of the Real Estate. Seller has also
allowed Purchaser reasonable access during the Inspection Period to the Real Estate to perform,
at Purchaser's cost, a Phase I Environmental Site Assessment and any additional studies
Purchaser or Purchaser's lender may reasonably require; including without limitation a Phase Il
Environmental Site Assessment or the sampling of soil and groundwater. Purchaser has
performed and completed all of its intended inspections, examinations and testing on the Real
Estate and has satisfied itself as to all environmental and physical conditions related to the Real
Estate. Purchaser further acknowledges that Purchaser is relying solely upon its own
investigations and, notwithstanding anything to the contrary set forth in Article 5, Seller makes
no representations of any kind with respect to any environmental conditions on or under the Real
Estate. If requested by Purchaser, Seller will agree to reasonably cooperate with Purchaser's
efforts to obtain a Brownfield Agreement. Purchaser shall restore the Real Estate to its prior
condition as is reasonably possible after the completion of any such testing and shall keep the
results confidential except as required by law. During the Inspection Period, Purchaser intends to
send a letter to NC DENR Division of Water Quality requesting the Permit be modified to allow
for the potential future reuse of the Permit, effectively reserving the discharge limits of the
Permit. Seller has sent a letter to NC DENR in conjunction with Purchaser's letter indicating its
support of Purchaser's efforts to preserve the Permit. This letter will in no way bind Purchaser to
HTPL: 557317v5A (IPP Clean Final rev 12.17.13)
4

any future requirements regarding the Permit, nor require Seller to request an extension or
modification of the Permit
With respect to any inspections conducted by Purchaser, its consultants, contractors,
agents or representatives during the Inspection Period, such inspection shall be conducted during
normal business hours with not less than five (5) days advance notice to Seller so that Seller will
have the opportunity to have a representative present. As a condition precedent to any entry upon
the Real Estate, Purchaser shall, or have its consultants, contractors, agents and/or
representatives to, maintain and deliver to Seller, for Seller's reasonable approval, a certificate of
insurance evidencing commercial general liability insurance of not less than $1,000,000.00,
automobile liability insurance of not less than $1,000,000.00, worker's compensation with
statutory limits and employer's liability of $1,000,000.00 and in such form as is customary and
appropriate naming Seller and International Process Plants and Equipment Corp. as additional
insureds.
With respect to Remediation, Purchaser will agree to remove sludge from the settling
tanks at its expense, and Seller will agree to remove all drums from building 18 at the Real
Estate. Purchaser's covenant to remove the sludge from the settling tanks shall survive the
Closing. Seller shall remove such drums from building 18 prior to Closing.
10. Permit. Purchaser acknowledges that the Permit is set to expire as of the
Closing Date. To the extent that the Permit is permitted by the NCDENR to extend beyond the
Closing Date or Purchaser is able to obtain an extension and/or modification of the Permit as of
the Closing Date, Purchaser shall assume and thereafter comply with all of the permittee's terms,
condition and obligations under the Permit. This covenant shall survive the Closing.
11. Excluded Equipment. Purchaser grants to Seller a period of one hundred
and eighty (180) days from the Closing Date for Seller, at Seller's expense, to remove the
Excluded Equipment from the Real Estate. Seller agrees to remove all Excluded Equipment
within such 180 day period. The covenants set forth in this Article 11 shall survive Closing.
12. Release and Indemnification
PURCHASER HEREBY RELEASES THE SELLER, ITS MEMBERS,
AFFILIATES, DIRECTORS, OFFICERS, EMPLOYEES, AGENTS AND
REPRESENTATIVES (THE "INDEMNIFIED PARTIES") FROM ALL CLAIMS
WHICH PURCHASER OR ANY AGENT, REPRESENTATIVE, AFFILIATE,
EMPLOYEE, DIRECTOR, OFFICER, PARTNER, MEMBER, SHAREHOLDER
OR OTHER PERSON OR ENTITY ACTING ON BEHALF OF PURCHASER
HAS OR MAY HAVE ARISING FROM OR RELATED TO ANY MATTER OR
THING RELATED TO OR IN CONNECTION WITH THE REAL ESTATE,
WHETHER KNOWN OR UNKNOWN, INCLUDING WITHOUT LIMITATION,
THE ENVIRONMENTAL AND PHYSICAL CONDITIONS OF THE REAL
ESTATE, THE DOCUMENTS OR INFORMATION REFERRED TO HEREIN,
AND ANY DEFECTS, ERRORS OR OMISSIONS N THE DESIGN OR
CONSTRUCTION OF ALL OR ANY PORTION OF THE REAL ESTATE.
HTPL• 557317v5A (IPP Clean Final rev 12.17.13)
5

Effective as of the Closing Date, Purchaser shall indemnify, defend and hold
harmless the Indemnified Parties from and against any and all claims, demands,
causes of actions, liabilities, costs and expenses, including reasonable attorneys fees,
arising out of or in connection with any environmental matters or conditions related
to the Real Estate, whether or not related to events occurring before or after the
Closing Date, including but not limited to, any violation or alleged violation of
applicable federal, state or local environmental laws and regulations,
13. Brokers. Purchaser and Seller agree that no broker or finder has been involved in the
transaction described in this Agreement. Further, Purchaser and Seller agree that in the event
any broker, salesman or other person that is not otherwise referenced in this Agreement makes
any claim for any commission or fee based upon the transfer to Purchaser of the Real Estate or
any other items or interests contemplated by this Agreement that is not otherwise covered by this
Agreement the party through whom said broker, salesman or other person makes its claims shall
indemnify and hold harmless the other party from said claim and all liabilities, costs and
expenses relating thereto, including reasonable attorney's fees, which may be incurred by such
other party in connection with such claims.
14. Assignment. Purchaser shall have the right to assign this Agreement or any of its
rights hereunder to a related party with the consent of Seller, which consent shall not be
unreasonably withheld, provided that any such assignee agrees to assume all of Purchaser's
obligations under this Agreement, including without limitation, all post -Closing covenants and
obligations of the Purchaser. Subject to the foregoing, this Agreement shall be binding upon and
inure to the benefit of the parties hereto and their respective heirs, executors, administrators,
legal representatives, successors and assigns.
15. Notices and Calculation of Time Periods. All notices, requests and other
communication under this Agreement shall be in writing and shall be sent by United States mail,
registered or certified, return receipt requested, recognized courier prepaid or facsimile in
accordance with the following instructions:
To Seller:
Kings Mountain Venture # 1 , LLC
17 A Marlen Drive
Hamilton, NJ 08691
Facsimile: [phone]
Attention: Stanley Sackowitz
Email: [e-mail]
To Purchaser: Lowell Investments I, LLC
c/o Forsite Development
5320 Old Pineville Road
Charlotte, NC
Facsimile: [phone]
Attention: Tom McKittrick
Email: [e-mail]
HTPL: 557317v5A (IPP Clean Final rev 12.17.13)
6

(fl
(g)
or such other person or address which Seller or Purchaser shall designate upon notice as herein
provided. All such notices, requests, and other communications shall be deemed to have been
sufficiently given for all purposes hereof on the date such notice is sent. Unless otherwise
specified, in computing any period of time described herein, the day of the act or event after
which the designated period of time begins to run is not to be included and the last day of the
period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday
for national banks in the location where the Real Estate is located, in which event the period shall
run until the end of the next day which is neither a Saturday, Sunday, nor legal holiday.
16. Access to the Real Estate. Purchaser shall have access to the Real Estate at all
reasonable times prior to the Closing for the purpose of conducting at Purchaser's cost
such inspections or inquiries as Purchaser may deem appropriate. Purchaser shall
indemnify and hold Seller harmless as to any damage caused by Purchaser in making any
such inspection, examination or testing, except to the extent that any intentional or
negligent act on the part of the Seller or its agents or employees contributed to such
damage. The preceding indemnification shall survive the expiration, termination and/or
closing of this Agreement.
17. Miscellaneous.
(a) This Agreement may be signed in counterparts.
(b) Any litigation filed against the Purchaser related to or arising out of this
Agreement shall be filed in the state or federal courts for Mecklenburg County,
North Carolina.
(c) Time is of the essence in this Agreement.
(d) In the event any provision of this Agreement shall be held to be invalid or
unenforceable by any court of competent jurisdiction, such holding shall not
invalidate or render unenforceable any other provision hereof.
(e) Upon a failure by Seller to perform as provided herein, Purchaser shall have all
rights and remedies available at law or equity, including but not limited to
monetary and specific performance remedies, and no such remedies shall be
waived by the acceptance of returned Earnest Money. Upon a failure by
Purchaser to perform as provided herein, Seller shall have as its sole remedy the
right to retain the Earnest Money as liquidated damages.
Neither Purchaser nor Seller shall disclose directly or indirectly the terms of this
Agreement to any third party (other than their respective owners, employees,
accountants, and lawyers) without the prior written consent of the other party,
unless required by law.
During the pendency of this Agreement, Purchaser shall have the right to erect, at
its expense, a marketing sign on the Real Estate subject to any legal limitations
and to remove any existing marketing signs. In the event Purchaser terminates
HTPL: 557317v5A (IPP Clean Final rev 12.17.13)
7

Date: / a Ill /l_3
this Agreement, Purchaser shall immediately remove such sign at Purchaser's sole
cost.
(h) Entire Agreement. This document contains the entire understanding and
agreement between the parties hereto and all prior or contemporaneous oral or
written agreements or instruments are merged herein and no amendment to this
Agreement shall be effective unless the same is in writing and signed by both
parties hereto. Both parties have participated in drafting and negotiating this
Agreement and no interpretive presumption shall be drawn against either party by
virtue of its role in drafting this Agreement.
IN WITNESS WHEREOF, this Agreement has been executed by Seller and Purchaser.
Seller: Kings Mountain Venture #1, LLC
By: 6,004,42-
Printed: V.,cy iv It+ Q Co i 4 L
Title: Pr
Purc aser: Low 11 Investments I, LLC
Date: / Z `1 7 '/3 By.
The following Exhibits are attached:
Exhibit "A" — Description of Real Estate
Schedule "A" — Excluded Equipment
Exhibit "B" — Title Commitment
FITPL: 557317v5A (IPP Clean Final rev 12.17.13)
8
Th • as McKittrick Its Manager

STATE OF NEW JERSEY )
SS.:
COUNTY OF MERCER )
BE IT REMEMBERED, that on this (7 day of December, 2013 , before me the subscriber, a Notary Public of
the State of New Jersey, personally appeared RONALD GALE who I am satisfied is the individual mentioned in the
within Instrument, to whom I first made known the contents thereof, and thereof he acknowledged that he signed,
sealed and delivered the same as his voluntary act and deed for the uses and purposes therein expressed.
C
Notary Public State of New Jersey:
ilette7IER
NOTARY PUBLIC OF NEW JERSEY
My Commission Expires 4/19/2016
STATE OF NORTH CAROLINA^
y
COUNTY OF 7 l�-A1'il
) SS.:
BE IT REMEMBERED, that on this _ day of1December, 2013, before me the subscriber, a Notary Public of
the State of North Carolina, personally appeared fwho I am satisfied is the individual mentioned in the within
Instrument, to whom I first made known the contents thereof, and thereof he acknowledged that he signed,
sealed and delivered the same as his voluntary act and de for the uses and p rposQs they n expressed.
/ \ r
Notary Public State of North Carolina:
HTPL: 557317v5A (IPP Clean Final rev 12.17.13)
.\\04"N0IN'H 0 '''i
1�%
Notary public
M@cnburg Count
MY Commission Exp lres_
2 09/23/2017
/ /II', CAR Ok'' \\\
I
9

EXHIBIT "A"
(Legal Description)
TRACT 1:
Beginning at an existing concrete monument on the right of way of Main Street,
also known as Lowell Spencer Mountain Road (SR 2201), a common corner with
Gaston Cosnty property, and with the Lowell Corporate Limits line N. 41°-16'-
38" E. 869.17' passing over an existing iron pin at 824.03' to a point at the
bank of the South Fork of the Catawba River thence with the bank of the South
Fork of the Catawba River S. 50°-37'-49" E. 850.03' to a point, thence leaving
the river bank S. 40°-53'-39" W. 1033.31' to an existing iron pin on the right
of way of Main Street, passing an existing concrete monument at 74.53' from the
river bank, thence with the right of way of Main Sweet 12 calla as follows, S.
20°-51'-25" E. 114,21', S. 2D°-25'-33" E. 82.62', S. 22°-50'-51" E. 64.83', S.
27°-17'-05" E. 61.05', S. 31°-49'-39" E. 64.09', 5, 36'-00'-37" E.
59.74', S. 40'--07'-22" E. 51.03', S. 45°-02'-32" E. 76.72', S. 49`-46'- 03" E.
50.09', S. 54'-27'-37" E. 56.83'. S. 60'-24'-48" E. 87.98', S. 60`-43'-10" E.
131.05' to the point and place of beginning, containing 17.25 acres as shown on
a survey prepared by Richard Boyd Brooks, PLS.
TRACT 2:
Beginning at an existing iron pin on the right of way of Main Street, also
known as Lowell Spencer Mountain Road, said existing iron pin being the common
corner between Tract I and Tract II of the Dyes 6 Chemical Corporation as
described in Deed book 2432 page 433, thence from said beginning point N. 40'-
53'- 39" E. 1,033.31' passing over an existing concrete monument at 958.78' to
a point on the bank of the South Fork of the Catawba River, thence along the
bank of the South Fork of the Catawba River S. 53°-55'-38" E. 173.28' to a
point on the bank thence continuing with the river bank S. 59°-50'- 03" E.
126.00' to a point in Houser Crook, thence leaving the river bank and with
Houser Creek S. 17°-57'-54" W. 105.84' to a point in Houser Creek, thence
leaving Houser Creek and with the Tolbert property as described in Deed book
2924 page 400 and Deed book 2814 page 99, S. 69`-22'-11" E. 184.79' to an
existing iron pin, thence continuing with the Tolbert property 6 more lines, S.
41°-38'-59" E. 191.32', S. 11°-11'-14" E. 606.10' to an existing iron pin,
thence S. 14°-36'- 12" E. 135.17' to an existing iron pin, thence S. 20°-58'-
22" E. 100.06' to an existing iron pin, thence S. 18°-25'-49" E. 199.88' to an
existing iron pin, thence S. 72'-03'-11" W. 126.99' to a point in the
centerline of Main Street passing an existing iron pin at 90.19', thence with
the centerline of the road 16 calls, N. 48°-40'-24" W. 106.37', N. 59'-16'-50"
W. 99.00', N. 69`"-05'-40" W. 99.81', N. 76°-04'-03" W. 99.84', N. 78°-38'-41"
W. 99.85', N. 79'-05'- 02" W. 99.84', N 79°-05'-28" W. 100.02', N. 781- 59'-40"
W. 100.00', N 78'-04'-56" W 99.90', N. 76°-02'-50" W 99.89', N. 68°-28'-51" W.
99.68', N. 58°-38'-26" W. 99.82', N. 48°- 58'-21" W. 99.87', N. 37°-45'-05" w.
99.96', N. 28°-23'- 19" W. 99.90', N. 23°-23'-35" W. 101.25', thence leaving
the centerline of the road, N. 40°-53'- 39" E. 32.92' to the point and place of
beginning, containing 27.75 acres as shown on a boundary survey by Richard Boyd
Brooks, PEWS.
HTPL: 557317v5A (IPP Clean Anal rev 12.17.13)
10

Schedule "A"
(Schedule of Excluded Equipment)
HTPL: 557317v5A (IPP Clean Final rev 12.17.13)
11

KMV Keep List
Revised 11-7-13
12/13/2013
Stock #
205163
PG
MX
SG
DC
SSG
Cap
150
Description
150 Cu Ft 304SS Double Cone blender.92.5" outside diameter. Mounted on A frame
stands, driven by a 20 hp gearhead Motor. Manufactured by Patterson Kelly, rated
for 90 Ibs/cu.ft., with a shell turning speed of 7.3 rpm. 20 hp drive system by Foote
Bros double reduction helical gear, 56 rpm out put with Steams brake. Internal finish
PK semi luster 15-20 micro inch. 12'8.5" wide x 10'11' high x app. 78" deep.
Notes
BLDG
4
Floor
1
205164
MX
DC
400
400 Cu Ft 304SS Double Cone Blender, 9' diameter. Mounted on A frame stands,
driven by approx. 30 gearhead motor.
4
1
205169
MX
RB
SS
200
200 Cu Ft 304SS Ribbon mixer, hinged top, continuous double ribbon design, dual
belt drives with a 10HP 3/60/230/460V, 21 rpm motor driving each end of the mixing
shaft.
4
1
205173
PV
SS
5
5HP,304S5 Mikro 2DH hammermill, with 0.027 screen. Screw feed design, gravity
discharge. Unit belt driven by a 5HP 3/60/230/460Volt motor. With top mounted
dump station & hood.
4
1
205183
GN
55
55 KW diesel powered generator, ONAN. Model # 55.0 KB-15R-9471 D. Serial #
0173557154. 501 hours on meter.
24
1
205196
PV
SS
25
25HP Jacobson 304SS fine grind air swept mill, model 16H, serial # 39922. Approx
1000 CFM. Unit fine grinds and classifies. Features of this unit are Dust free
operation, ease of mainteneance, and an exceptional ratio of product yeils to energy
consumption. Simple adjustments to the machine allow for a narrow distibution
range of output particles on wet, dry, fiberous, or heat sensitive materials. Capable
of grinding down to the 5 micro range with maximum plates and speed. Mill speed of
1800 rpm, includes self contained lube system and volumetric feeder. Mian mill
rotates counter clockwise and is belt driven by a 25 HP 3/60/230/460V motor
through a lubricated shaft. All seals purged with air/nitrogen. On board oil system
features 12 gallon lube oil storage tank with self contained pump & regulator
including sight glass. On board Volumetric feeder, 304SS, features a 4" screw with
a 12" x 16" hopper, is chain driven by a 1 hp electric motor through a gear box.
3
1
205466
FI
PF
48
48" x 48' Shriver filter press complete with 67 chambers of polypropylene. recessed.
gasketed plates with 1" recess for forming 2" thick cakes. Top center feed, 4 corner
closed discharge design. Automatic closure complete with an electric/hydraulic
power unit. Approx. 1675 sq. ft. filtration area and 124 cu. Ft. cake capacity.
5
205471
Fl
PF
24
24" x 24" filter press complete with 26 chambers of polypropylene plates (1") and
frames (2"). 2 corner open discharge design. Manual hydraulic closure. Approx. 130
sq. ft. filtration area and 11 cu. ft. cake capacity.
5
KMV CONFIDENTIAL
1

KMV Keep List
Revised 11-7-13
12/13/2013
Stock #
205900
PG
BO
SG
SM
SSG
Cap
24150
Description
24,150 Lbs/Hr @ 175 PSI, 700 HP York -Shipley, High Pressure, 500 series,
packaged Horizontal Firetube boiler. Model number: SPH-700- N/2, Serial number
209203, with 3500 Sq Ft heating surface. #2 oil and natural gas fired, Firing Rate:
29400 C.F.H natual gas, Firing light oil is 206 G.P.H., 460 volts. 8000 cfm forced
draft blower. Control circuit is 115V, 3/60/230. Overall Boiler dimensions are: 27'
OAL x 8'7" OAW x 11'7" OAH, Dry weight is 51.700 lbs. Burner manufactured by
Shipley, Nameplate information; Size:FA 700, Type N/2, Serial # 88-17348 Motor Hp
40. volts 460, 3 ph, 60 Hz. Burner motor current 52 amps, Control circut 15 amps.
Firing Rate; 29400M BTUH, 29400 Gas. 206 GPH, Max low fire rate : 48 GPH. UL
Listing #AD279129 4.D Gas , 4.D oil. "oil not heavier than #2"
Notes
BLDG
Utilities
Floor
205906
TK
SS
1800
1800 Gallon,304 SS, vertical mix tank with half pipe coil jacket. mounted on legs.
Manufactured by Whiting Metals, Serial # F 5800, NB # 1050. Vessel rated for
atmospheric. jacket rated for 90 psi at 350 degrees F. 76" diameter x 7' straight side
with weld dish heads. 20" manway, two 4" and two 2" top openings. Chemineer
flange mount drive, Model # 3HTA-7.5, Serial # 196610-1, driven by a 7.5 hp. 1800
rpm electric motor. 56 rpm gearbox output. 8 blade turbine agitation. Packing gland
on shaft.
9
2nd
205907
FI
PF
24
24" x 24" , polypro, plate and frame filter press. Manufactured by Shriver. 35 frames.
36 plates, 24" x 24" x 1". Ccorner feed and, 3 corner discharge. Air assist, manual
hydraulic closure. Overall dimensions, 4' wide x 6' high x 153" long. Approximately
175 square feet filtration area and 7.1 cubic feet cake capacity. Filter rated for 100
psi operation.
9
2nd
205919
SP
SC
24
24" diameter. 304SS single deck Sweco Separator, Model LS24S, Serial Number
LS24-1089-139-F. Single deck wit top cover. Driven by a 1/3 HP 115 volt 1 phase
Baidor motor. Mounted on a base with a flexible hose scew feeder Manufactured by
AFC Spiratfeeder, that conveys material from a feed source and then drops the
material into the top of the screener. Feeder has approx 8' flexible hose.
3
212609
SP
SC
36
36" diameter, 304 SS, single deck screener. 36" wide x 54" deep x 7' 4" high,
mounted on a carbon steel stand with forklift pockets for moving to various
locations.
4
1
212614
PV
SS
1
0.75 hp, 304 SS. Mikro Crusher, Manufactured by Micron Powder Systems. Model #
622122, serial # 931111E-1. 9" x 10" inlet opening, twin shaft with 5 rotating blades
on each shaft, Driven by a Reliance duty master 0.75 hp motr at 1725 rpm through
a Dodge Master XL Gearbox, size, FC56WC16A 18, serial # 2691229001RU, with a
97 rpm output. Mounted on a twin screw Mikro feeder, with two 3" diameter x 8" long
screws. Overall dimensions 4' long x 2' wide x 2' high.
8 '
KMV CONFIDENTIAL

KMV Keep List
Revised 11-7-13
12/13/2013
Stock #
214771
PG
AG
SG
DR
SSG
Cap
5
Description
5.0/2.5 hp, CS, two speed agitator drive system with motors and gear boxes. Drive
manufactured by Pro Quip, Model # 5YGX708, Serial 10012-6, ratio 70:1, Driven by
a 5.0/2.5 hp, 1745/875 rpm 460 volt AC motor. Mounted on tank tops with steel
work and Cutler Hammer disconnect switch and start /stop station. No seal on shaft.
OAL 80" long x 27" wide.
Notes
BLDG
3
Floor
9950018
LT
0
Clark GPX25 Forklift. SN GPX230-0957-7MOKOF. Weighs 87331bs. Rotating forks,
barrel clamps, side shift. Formerly Gale Industrial Scrap Metal machine. LP Fuel.
3
IPP
Use
Only
214729
RE
GL
1000
1000 Gallon glass lined reactor, manufactured by Pfaudler. Serial # S176-6149, NB
# 37717. Vessel rated for 100 psi, jacket rated for 90 psi. 14" x 18" manhole with 4"
sight glass, 4" outlet, 2", 4", & 8" inlets, 1.5" jacket connections. 4 3/8" drive nozzle.
M
MX
1500 Gallon, 304 SS vertical Cowles mixer.
5
1 & 3
KMV CONFIDENTIAL
3

HTPL• 557317v5A (IPP Clean Final rev 12.17.13)
EXHIBIT "B"
(Title Commitment)
12

Chicago Title insurance Company ALTA Commitment Form
Commitment Number: 13-24156CH
ALTA Commitment Form
COMMITMENT FOR TITLE INSURANCE
issued by
CHICAGO TITLE INSURANCE COMPANY
CHICAGO TITLE INSURANCE COMPANY, a Nebraska corporation (Company"), for a valuable consideration, commits to
issue its policy or policies of title insurance. as identified in Schedule A, in favor of the Proposed Insured named in
Schedule A. as owner or mortgagee of the estate or interest in the land described or referred to in Schedule A, upon
payment of the premiums and charges and compliance with the Requirements; all subject to the provisions of Schedules A
and B and to the Conditions of this Commitment.
This Commitment shall be effective only when the identity of the Proposed Insured and the amount of the policy or policies
committed for have been inserted in Schedule A by the Company.
All liability and obligation under this Commitment shall cease and terminate six (6) months after the Effective Date or when
the policy or policies committed for shall issue. whichever first occurs. provided that the failure to issue the policy or
policies is not the fault of the Company.
The Company will provide a sample of the policy form upon request.
This Commitment shall not be valid or binding until countersigned by a validating officer or authorized signatory.
IN WITNESS WHEREOF. CHICAGO TITLE INSURANCE COMPANY has caused its corporate name and seal to be
affixed by its duly authorized officers on the date shown in Schedule A.
Countersigned By:
Cynthia L. Sims
Authorized Officer or Agent
Chicago Title Insurance Company
By:
President
Attest:
Copyright American Land Title Association. Alt rights reserved.
The use of this Form Is restricted to ALTA licensees and ALTA members In good standing as of the date of use.
All other uses are prohibited. Reprinted under license from the American Land Title Association.
Secretary
ALTA Comtntment Form (06-17-06)
10104600024 doc / Updated 08.26-13
HTPL: 557317v5A (IPP Clean Final rev 12.17.13)
Punted: 12-09.13 @ 03.21 PM
Page 1 NC-CT-FSAC-01080 385389-13-24156CH
13

Chicago Tide insurance Company ALTA Commitment Form
Commitment Number: 13-24156CH
Order No. 13-24156CH
SCHEDULE A
ISSUING OFFICE:
Chicago Title Company, LLC
200 South Tryon Street, Suite 800
Charlotte, NC 28202
Phone: [phone]
Fax: [phone]
1. Effective Date: December 2, 2013 at 05:OOPM
2. Policy or Policies to be issued:
a. ALTA Owner's Policy (06-17-06)
Proposed Insured: Buyer To Be Determined
Policy Amount: To Be Determined
b. ALTA Loan Policy (06-17-06)
Proposed Insured: Lender To Be Determined, and/or its successors and assigns, as their interests may appear
Policy Amount To Be Determined
3. The estate or interest in the land described or referred to in this Commitment is:
Fee Simple
4. Title to the Fee Simple estate or interest in land is at the Effective Date vested in:
Kings Mountain Venture #1. LLC, a North Carolina limited liability company
Copyright American Land Title Association. All rights reserved.
The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use.
Ati other uses are prohibited. Reprinted under license from the American Land Title Association.
ALTAComnrtment Form (06-17-06) Punted. 12.0913 © 0321PM
101046130024 dot J Updated 06.26.13 Pape 2 NC-C7-FSAC•01080 365389-13-24156CH
HTPL: 557317v5A (IPP Clean Final rev 12.17.13)
14

Chicago Title insurance Company
Commitment Number: 13-24156CH
ALTA Commitment Form
5. The land referred to in this Commitment is described as follows:
Lying and being situate in Gaston County, North Carolina, and being more particularly described as
follows:
TRACT I:
Uegirrir.g a: an ec::nr.x :.r.: trtr nn:, c::c::: :: t1,c tot.: of w.} of hlar. Stec:. also
)s:ov,r, a Lcv:e l Spenser :ot:ntas. Poa1 {Si: 22:1 a cannier.:c net 'with Gaston
Count) prope::5. and Hitt: the Lo•\el. f'nrperate 1..:zit :ine N at• - IC' - 35" E
569 ' 7 passng c•:r.7 an existing iror. pin at 824.03' u a point at the hack cf the Sou:h
Folk of the Catawba P.i•e-. ,:nee u-tF. the Oz:k of the South Fork of t):e Cataa ba
1 r er S. 50' - 3 7 - 49' E. Sip,;l?' tea point. thence:ravic:8 the river bank S 40' —
53' - 39- :f !C33 31' , ar. ev.stni. iron y:n an the pelt of nay of Main Street.
passing In es st:nF canc.-tic monlrncrt: at 14.53' from the rives bast:. tierce t:,th tn:
right o: way ci Mai:t Stitt :2 calls as ration's. S. 2C' - 5 i' - 25' E 1:4.21'. S 21.1' -
25'-33 F. 5262 S 2l'- 50'-51-r S+.E.''.S 27°-17-05'E 61.05'.S 3i•-
.:9 - 39' F 64 09'. S 36' OV - 3 ; 59.74 . S 40' .37 - 22" E. 51.03' S. 45: -
C2' - 32 E 76.7 . S. 49' - 46' -- C3" E 50 09', S. 5:' - 27 - 3 7" E. 56.53', S. -
24' - 43" E 57 95'. S. l`•rl' :3 10" E 131.35' to ;tiepin: and place of beginra►c.
comsat g i 7.25 a -es a; shown an a't.r. e5 cpa-ell by Richard Boyd Brock', PiS
TRACTII:
Regs.:i ;g a: an existing ::xt pis v. the ribti of u:, of Mai:; St e:. also isewr. a.
I.rs 1: S ercer Mnar:tam Road, said existing iron pin being the eomunCr.:omen
between Tract 1 and Tract :1 of the Dyes b C:i i- cal Cc ;..atnei at described
Dees:- ct:4_2 page 413, -er.a fie.., said beg:rstie..gpaint '.'.+C.' 53' -39' I:
i,033.11' passing we.: a.; ersung conzete nucr,t.n:cn: al 955.75' to a point cr. the
bark, o: tins Soo. Fork of tl:e Catawba River. thence a1•Nag trio balk of he South. Fork
of the Catawba River S. 53' - 5.i' - 3E' E :73 29' to a point on the bask thence
:c:.:is utne u$h tt- rive: brat. S 59' - 5C' - 03- a 126.00 to a point to Neuter
Clerk. galore :cni:tg the riper hack ar.5 with Houser Creek S 17' - 57' - 54" W.
:05.54 to a p..'lrt is House: ("trek. tlal.r:rani: t- Hesse: Creek an: with the To:bcrt
prep ray as dcu::beC in Deed bock. ck 2924 page 40. r.d Deed took 2814 page 99 5.
69` -:2 - : 1 E 154.79 to a: exist:.4 non pin Rite.:- :11:t:luring :kith the T ti:bent
Copyright American Land Title Association. All rights reserved.
The use of this Form Is restricted to ALTA licensees and ALTA members In good standing as of the date of use.
All other uses are prohibited. Reprinted under license from the American Land Title Association.
ALTA Commitment Form (06-17-06) Panned 12-09-13 03 21 PM
10104600024.doc / updated. 06.26.13 Page 3 NC-CT-FSAC-01080 365389-13-24156CH
HTPL: 557317v5A (IPP Clean Final rev 12.17.13)
15

Chicago Title Insurance Company ALTA Commitment Form
Commitment Number: 13-24156CH
rr _peer, 6 rr.et: !iLe:, S 3S - 59' E : 91 is S 1 .. i s _ 6 6.'.:I :o ar.
e uting :-a:t pin t tz_c S 14' 35 • 1:' i . 5 1' to In ext:t,z; ter j thence S
: ►' �f - t (,►:.Uri to tr, txat:t,g ccr. p r. fzets:e S ' Se - 25' -- 49" E :9% 45'
t. y ectsarg iron pr., the..:e S - (03' - : 1' :4' 126 9Q x a;N.M.,- I
Ir tTr r�rt nc
of Mtn .once: pss:n_, acI c ct;trrs Itlr pin at 90.15', ..hen r a-th the cent:7113r ul"a.e
rode: 1b call'. N 45` - - ?4' V: 106 37'. 3 59' - 16 'G" ,V 95 00% N. 69' " 05'
- al' 'A' 99€i'.3 6'-04'-Ca V'..59c3,N 7=`-3b'-4t"tV.99E5',ti.'9'-
(15 - 02' 1X. 99 84. N. 79' - 05' - 26" 1t' 1fC: J:. 2 'ti' :5i - 4t a" 1 JU 00', N
78' - OA' 56" W 99 90', N 76' - 02' 50" W. 9S.89', N 6E° - 2E' " 51- t1' 4. ff.'
N 58'-38'-25.1% 9982',,N :;f•- YE' -11-'.t S'',N 37°-45'-05'W.
9996',N 251 23'-19' A' 99.50P,N.Z3`-23'•-35"d' 10:15,thence iea,ir.gtc.:
cent::linc of she :cad, N. 4C' - _3 - 39' E. 32 92' to the point d place of beginning.
costaitteg 27 75:ores ar shcvT ea a ;.,3.1" i cut:•ey h'{ R::):ard Bryd Brv:11ks. PLS
T'c P,upct.. ca, also be des:rte3 zs being al. of :l c teal e;u:c cs :;. c ed by Deeds
C rottmtoa Kn :u•1_s Cc:crl .r . irp.Irrcd TO Yorkshire Axertas, Llc : Snt:tta Gisela:4
enrpara.ar-. recorded iz tf.c earrci Crusty Ft.:suy ct Dc:cmLr. 21. 149 ir. flock 3J21 a
Pager CC)! e::! :'535 Ter. me:es and :c.tad des rirtiar. ah-Ar is !Aro Acts IL: On: C:s,i
Dee3 seer,:ded n: Ecek 3C25, Pace 0531
Tt c ar.•eJ r eprec D}• R lead bay: B ca►:a,?LS u-A:c4 is refcrcxed h5 the metes LA ttw:r.c
dc. i;l:cs ,tsasc cant,: aia:t fri:y dauribcd v 'lest Pia! cartoaed 'ALT.A;ACS111acd Title
Su«: eye fut ' c:k:J : e Arnericit, IG- .' datc.1 C):totrr 2'. 1 +Sy as Ian tee::cri Marl) ;4,
END OF SCHEDULE A
Copyright American Land Title Association. All rights reserved.
The use of this Form is restricted to ALTA licensees and ALTA members In good standing as of the date of use.
AO other uses are prohibited. Reprinted under license from the American Land Title Association.
ALTA Commitment Form (06-17-06) Printed 12-09.13 03 21 PM
101046D0024.doc l Updated: 06-26-13 Page 4 NC-CT-FSAC-01080 365389-13-24156CH
HTPL:557317v5A (IPP Clean Final rev 12.17.13)
16

Chicago Title Insurance Company ALTA Commitment Form
Commitment Number: 13-24156CH
SCHEDULE B - SECTION I
REQUIREMENTS
1. Instrument(s) creating the estate or interest (Title) to be insured which must be executed, delivered and recorded
in the Public Records of the appropriate county: (Note — A deed of trust securing a one -to -four -family residential
property must be recorded prior to disbursement of funds. Prior approval of Company's underwriting counsel must
be obtained for a deed of trust securing non one -to -four family residential property which will be recorded more
than 30 days following funding of the loan.)
a. Warranty Deed from the authorized manager(s) of Kings Mountain Venture #1. LLC, a North Carolina
limited liability company to Buyer To Be Determined.
b. Deed of Trust from the authorized officer(s)/manager(s)/partner(s) or the sole proprietor and spouse, if
any, of Buyer To Be Determined to a Trustee for Lender To Be Determined securing an amount To Be
Determined.
NOTE: The drafting of a legal instrument which conveys an interest In real property, such as a
deed or deed of trust, Is the practice of law by statute (NCGS 84-2.1) In North Carolina. Only an
actual party to said instrument or a North Carolina licensed attorney on behalf of one of the parties
can lawfully prepare a conveyance Instrument.
2. Cancellation, release, termination, discharge, or satisfaction of record of the following: (In the event the lien to be
cancelled or satisfied secures a tine of credit. such'as a home equity line. or future advance loan: attomey to verify
delivery of borrower's request to lender to freeze/close the account and release/cancel the deed of trust.)
a. None.
3. Payment of the full consideration to or for the account of the grantor(s) or mortgagor(s).
4. Payment of all taxes (including deferred taxes) and assessments (pending or confirmed) which are or may
become a lien on the Land and are due OR payable at time of recording of the instrument creating the interest to
be insured. [PAYMENT OF 2013 TAXES]
5. Payment of any owners' association dues. charges, or assessments claimed or due and payable at time of
recording of the instrument creating the interest to be insured. whether or not a claim of lien has been filed. if
same are or may become a lien superior to the interest to be insured.
Copyright American Land Tltie Association. All rights reserved.
The use of this Form is restricted to ALTA licensees and ALTA members In good standing as of the date of use.
All otter uses are prohibited. Reprinted under license from the American Land Title Association.
ALTA Commitment Form (08-17-08) Printed 12.09.13 03.21PM
1010481)0024 doc / Updated. 06.26.13 Page 5 NC-CT-FSAC-01080 365384-13.24158CH
HTPL: 557317v5A (IPP Clean Final rev 12.17.13)
17

Chicago Title Insurance Company ALTA Commitment Form
Commitment Number: 13-24156CH
6. For insurance regarding priority of conveyance by seller to proposed insured owner over potential liens for labor,
services or materials, including surveyors, architects, engineers and rental equipment (herein "liens") of seller, or
priority of proposed Insured lender's deed of trust (once recorded) over said Hens of seller and/or construction
borrower. receipt of applicable NCLTA form (or substantially similar form approved by Company counsel prior to
closing), completed and executed by all required parties in compliance with the applicable form's instructions
regarding same, as follows:
For projects where labor, services or materials are first contracted for before April 1, 2013, or projects
where no lien agent is required by NC law:
• NCLTA Form 1, if no recent construction or addition of improvements on land, no executory contracts for
improvements on land and no construction loan by signing owner or borrower is contemplated;
• NCLTA Form 2. if construction on the land was recently completed;
• NCLTA Form 3, if construction is in process or immediately contemplated (for loan. including construction
financing).
For projects where labor, services or materials are first contracted for April 1, 2013, or later, wherein a lien
agent has been appointed:
• NCLTA Form 5, Owner Affidavit and Indemnity Agreement when construction has been completed, is
contemplated or currently underway and a mechanics lien agent has been appointed (in conjunction with NCLTA
Forms 6and 7);
• NCLTA Form 6, for waiver and release of lien rights by Potential Lien Claimants having filed notice(s) to
lien agents (in conjunction with NCLTA Form 5);
• NCLTA Form 7, for subordination of lien rights by Potential Lien Claimants having filed notice(s) to Lien
agents to any deed of trust to be insured (in conjunction with NCLTA Form 5).
In addition. if the proposed purchaser will be obtaining combined purchase and construction financing from
proposed insured lender as a part of the transaction to be insured where labor. services. or material are first
contracted for before April 1, 2013, or where no lien agent is required by NC law. proposed purchaser
(construction loan borrower) must also provide duly completed and executed NCLTA Form 3.
7. If coverage is to include the priority as of the date of recording of the insured deed of trust for advances made after
recording, the deed of trust must include notice that it will secure future obligations (including revolving line of
credit, if applicable), state the maximum principal amount and, as applicable. state either (1) that all future
obligations must be incurred within 30 years from the date thereof (in compliance with NCGS 45-67 et seq.) for
future advance or construction loan transactions or (2) that it secures an equity line of credit and is govemed by
the provisions of Chapter 45. Article 9 of the North Carolina General Statutes (NCGS 45-81 et seq.) for an equity
line of credit.
8. Verification as of closing of (1) the due organization and good standing of Kings Mountain Venture #1, LLC, a
North Carolina limited liability company (herein "Entity") in its state or country of organization, (2) recordation of
certified copies of any articles or certificates of conversion. merger. or other change(s) of name since deed vesting
Title in Entity or its predecessor(s) in the Office of the Register of Deeds of the county in which the Land is located.
and (3) authority of individual(s) executing documents on behalf of Entity to enter into the transaction to be insured
on its behalf.
END OF SCHEDULE B - SECTION I
Copyright American Land Title Association. AN rights reserved.
The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use.
AU other uses are prohibited. Reprinted under license from the American Land Title Association.
ALTA Commitment Form (06-17-06) Printed: 12.09-13 Co 03:21 PM
10104600024.doc r Updated 06.26-13 Page 6 NC-CT-FSAC-01080 365369-13-24156CH
HTPL: 557317v5A (1PP Clean Final rev 12.17.13)
18

Chicago Title insurance Company ALTA Commitment Form
Commitment Number: 13.24156CH
SCHEDULE B - SECTION 11
EXCEPTIONS
Schedule B of the policy or policies to be issued will contain exceptions to the following matters unless the same are
disposed of to the satisfaction of the Company:
1. Defects, liens. encumbrances, adverse claims or other matter, if any. created, first appearing in the public records
or attaching subsequent to the Effective Date but prior to the date the proposed Insured acquires for value of
record the estate or interest or mortgage thereon covered by this Commitment.
2. Taxes or assessments for the year 2014. and subsequent years, not yet due or payable.
3. Any discrepancy, conflict, access, shortage in area or boundary lines. encroachment. encumbrance, violation,
variation, overlap. setback, easement or claims of easement, riparian right, and title to land within roads, ways,
railroads, watercourses, burial grounds, marshes, dredged or filled areas or land below the mean highwater mark
or within the bounds of any adjoining body of water. or other adverse circumstance affecting the Title that would be
disclosed by a current inspection and accurate and complete land survey of the Land.
4. The correctness of the square footage/acreage computation contained in the description of the Land is not
insured.
5. Easement(s) to Southern Power Company recorded in (a) Book 94, page 358; (b) Book 105, page 181; (c) Book
122. page 309; (d) Book 122, page 536; (e) Book 65. page 446 and (f) Book 177. page 362, Gaston County
Registry.
NOTE: This easement is a blanket or floating easement. This Policy insures against loss or damage sustained by
reason of any final court order or judgment requiring the removal of the existing building improvements as the
result of said improvements encroaching into said easement.
6. Easement(s) to Duke Power Company recorded in (a) Book 476, page 82; (b) Book 481, page 612; (c) Book
636. page 103; (d) Book 430, page 398; (e) Book 636, page 102 and (f) Book 840. page 575, Gaston County
Registry. NOTE: This easement is a blanket or floating easement. This Policy insures against loss or damage
sustained by reason of any final court order or judgment requiring the removal of the existing building
improvements as the result of said improvements encroaching into said easement.
7. Conveyance of rights to pond and back water of the south fork of the Catawba River over Tract II, recorded in
Book 94. page 85, Gaston CountyRegistry. however the Company hereby insures the Insured that the rights to
pond and back water are no longer enforceable.
8. Reserves to Ranlo Manufacturing Company the right to empty dyestuffs. sewage and other waste material from its
plant and properties into the stream running near the company's' septic tank, which stream runs into and across
the insured premises. as recorded in Book 466, page 373, Gaston County Registry, however the Company hereby
insures the Insured that the rights to empty dyestuffs. sewage and other waste material from its plant and
properties into the stream are no longer enforceable.
9. Document recorded in Book 766, page 274 conveys a parcel including Tract II subject to the following: one-half
acre cemetery. This Policy omits any covenant. condition restriction or reference based on race, color. religion.
sex. handicap, familial status or national origin, unless and only to the extent that said covenant (a) is exempt
under Chapter 42. Section 3607 of the United States Code, or (b) relates to handicap but does not discriminate
against handicapped persons. This Policy insures against loss or damage sustain by reason of any final court
order or judgment requiring the removal of the existing building improvements as the result of any rights
associated with said cemetery.
Copyright American Land Title Association. AU rights reserved.
The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use.
All other uses are prohibited. Reprinted under license from the American Land Title Association.
4. Ail UV
,A40
ALTA Commitment Form (06-17.06) Printed: 12-09.13 8t 03:21PM
10104610024.doc / Updated 06.26-13 Page 7 NC•CT•FSAC-0t080.365389-13-24156CH
HTPL: 557317v5A (IPP Clean Final rev 12.17.13)
19

Chicago Title Insurance Company ALTA Commitment Form
Commitment Number: 13-24156CH
10. Rights of tenants in possession, as tenants only, under unrecorded leases.
11. Title to any portion of the Land Tying within the right of way of Main Street, also known as Lowell Spencer Mountain
Road (SR 2201).
12. Riparian and/or littoral rights incident to the Land: rights of others in and to the continuous and uninterrupted flow
of the waters bounding or crossing the Land: and title to any portion of the Land owned by any governmental entity
including, but not limited to. marsh. dredged and/or filled areas and Land below the mean high-water mark.
END OF SCHEDULE B - SECTION II
Copyright American Land Title Association. All rights reserved.
The use of this Form is restricted to ALTA licensees and ALTA members In good standing as at the date of use.
All other uses are prohibited. Reprinted under license from the American Land Title Assocation.
J.
ALTA Comntitment Form (06-11-08) Ratted 12.09-13 aft 03:21 PM
101046L10024 doc / Updated 06.26-13 Pape 8 NC-CT-FSAC-01080 365389-13-24156CH
HTPL: 557317v5A (IPP Clean Final rev 12.17.13)
20

Chicago Title insurance Company ALTA Commitment Form
Commitment Number: 13-24156CH
NOTES
NOTE: NO CLOSING SERVICES INSURANCE: - As to the transaction for which this commitment is issued. the
Company does not afford insured closing protection/closing services insurance absent revision of this commitment
to include a statement that coverage is afforded to those parties identified in a separate North Carolina Title
Insurance Rating Bureau NCTIRB-01-2003 Closing Protection Letter issued simultaneously with revision of the
commitment. Any closing protection coverage or letter which heretofore may have been issued is hereby
rescinded and shall not be effective as to this transaction. Any closing protection letter subsequently issued shall
not be effective as to this transaction absent the accompanying requisite revision of this commitment.
END OF NOTES
Copyright American Land Title Association. All rights reserved.
The use of this Form Is restricted to ALTA licensees and ALTA members In good standing as of the date or use.
All other uses are prohibited. Reprinted under license from the American Land Title Association.
ANI 111 ♦v
lA�l. tltll
ALTA Comniitment Form (08.17-06) Printed: 12.09.13 J 03:21PM
10104600024.doc l Updated 06.26-13 Page 9 NC.CT.FSAC-01080 365389-13-24156CH
HTPL: 557317v5A (IPP Clean Final rev 12.17.13)
21

Chicago Title Insurance Company ALTA Commitment Form
Commitment Number: 13.24156CH
CONDITIONS
1. The term mortgage, when used herein, shall include deed of trust, trust deed. or other security instrument.
2. If the proposed insured has or acquired actual knowledge of any defect, lien. encumbrance, adverse claim or other
matter affecting the estate or interest or mortgage thereon covered by this Commitment other than those shown in
Schedule B hereof, and shall fail to disclose such knowledge to the Company in writing, the Company shall be relieved
from liability for any loss or damage resulting from any act of reliance hereon to the extent the Company is prejudiced
by failure to so disclose such knowledge. if the proposed Insured shall disclose such knowledge to the Company. or if
the Company otherwise acquires actual knowledge of any such defect. lien, encumbrance, adverse claim or other
matter, the Company at its option may amend Schedule B of this Commitment accordingly, but such amendment shall
not relieve the Company from liability previously Incurred pursuant to paragraph 3 of these Conditions.
3. Liability of the Company under this Commitment shall be only to the named proposed Insured and such parties
included under the definition of Insured In the form of policy or policies committed for and only for actual loss Incurred
in reliance hereon in undertaking in good faith (a) to comply with the requirements hereof, or (b) to eliminate
exceptions shown in Schedule B, or (c) to acquire or create the estate or Interest or mortgage thereon covered by this
Commitment. In no event shall such liability exceed the amount stated in Schedule A for the policy or policies
committed for and such liability is subject to the insuring provisions and Conditions and the Exclusions from Coverage
of the form of policy or policies committed for in favor of the proposed Insured which are hereby incorporated by
reference and are made a part of this Commitment except as expressly modified herein.
4. This Commitment is a contract to issue one or more title Insurance policies and is not an abstract of title or a report of
the condition of title. Any action or actions or rights of action that the proposed Insured may have or may bring against
the Company arising out of the status of the title to the estate or interest or the status of the mortgage thereon covered
by this Commitment must be based on and are subject to the provisions of this Commitment.
5. The policy to be issued contains an arbitration clause. All arbitrable matters when the Amount of insurance is Two
Million And No/100 Dollars (S2.000.000) or less shall be arbitrated at the option of either the Company or the Insured
as the exclusive remedy of the parties. You may review a copy of the arbitration rules at http://www.alta.orq.
END OF CONDITIONS
Copyright American Land Title Association. All rights reserved.
The use of this Form Is restricted to ALTA ticensees and ALTA members in good standing as of the date of use.
All other uses are prohibited. Reprinted under license from the American Land Title Association.
ALTA Commitment Forrn (06-17-06)
t0104600024 dot !Printed 365389. 3- 03 26C H
Updated 06-26-13 ?age 10 HC.CT-FSAC-01080 365389.1324156CH
HTPL: 557317v5A (iPP Clean Final rev 12.17.13)
22

KINGS MOUNTAIN VENTURE #1 LLC
17A Marlen Drive
Hamilton, NJ 08691
Phone: [phone]
November 8, 2013
NCDENR
Division of Water Resources
Water Quality Permitting Section/Wastewater Branch
1617 Mail Center
Raleigh, NC 27699-1617
Attn: Jeff Poupart
Re: NPDES Permit no. NC0005274
Former Yorkshire Americas Site
Lowell, Gaston County, North Carolina
Dear Mr. Poupart:
NOV1 2 2013 �
V122013�lydi SOLACE_
Kings Mountain Venture #1, LLC ("KVM") is submitting this letter in support of a letter that has
been sent to the Department regarding the above noted matter.
KVM and Forsite Development, Inc. ("Forsite") have entered into an agreement for Forsite's
purchase of the above noted property. In connection with this purchase, KVM understands that
Forsite has sent a letter to the Department requesting that KVM's existing Permit no.
NC0005274, which is due to expire on December 31, 2013, be placed into an "on hold" status in
lieu of letting this permit expire.
KVM supports this request by Forsite to extend the existing permit, as we believe may be of
benefit in redeveloping the property.
Sincerel
Harold Bogatz
General Counsel
cc: Tom Belnick, NCDENR
Forsite Development, Inc.

: , G bliA4,
0 Forsite
Development Inc.
November 4, 2013
Mr. Jeff Poupart
NCDENR/ Division of Water Resources
Water Quality Permitting Section/ Wastewat r Branch
1617 Mail Service Center
Raleigh, NC 27699-1617
P�1c6ol5zlY "yxoir
5320 Old Pineville Road I Charlotte, NC 28217 I T: 704.364.9100 I F: 704.364.0090
Via Federal Express Overnight Deli
►Y
DENR-WATER QUALITY
PO,h'_ "'7U < :'E 3RANCH
RE: Reissuance of NPDES Permit NC0005274 — Kings Mountain Venture #1
Dear Mr. Poupart,
The purpose of this letter is to inform you that a subsidiary of Forsite Development is currently under
contract to purchase the former Yorkshire Americas facility located at 1601 N. Main Street - Lowell,
NC.
Background: Forsite is a Charlotte based real estate development firm primarily focused on
Brownfield redevelopment projects in the Southeast. We are currently conducting due diligence on
the facility. We are exploring various re -development scenarios, one of which would include
reopening the WWTP facility. We believe the NPDES permit represents a substantial portion of this
sites potential value and may be the single most important asset that would allow for the sites
successful redevelopment.
We are fully aware of the permits current status which is a Final Dump Permit set to expire on
December 31st 2013. The current owner, Kings Mountain Venture #1 is carefully adhering to the
permit requirements and should be complete with the discharge by year end. We are respectively
requesting that NCDENR DWQ consider placing NPDES Permit # NC0005274 "on hold" in lieu of
letting it complete expire. Once we have taken title to the site, we will carefully evaluate various
options to determine the highest and best use for the site. If we elected to renew or modify the
permit, we will discuss our plans with NCDENR and proceed with the most appropriate path forward.
Please find attached a letter from the sites current owner, Kings Mountain Venture #1. LLC
indicating their support of this request.
Thank yo n advance for your consideration and please do not hesitate to call me direct at 704-717-
5520 h a r y questions.
rds,
McKi rick
esident
Forsite Development, Inc.
Cc: Mike Templeton
Tom Belnick

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