MASTER ASSET PURCHASE AGREEMENT BY ... - Canadian Stocks
MASTER ASSET PURCHASE AGREEMENT BY ... - Canadian Stocks
MASTER ASSET PURCHASE AGREEMENT BY ... - Canadian Stocks
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EXHIBIT C-1<br />
Form of Transition Services Agreement – Buyer<br />
This Transition Services Agreement (this “Agreement”) is entered into as of ________,<br />
2012 (the “Effective Date”), by and between [Caterpillar Global Mining LLC (f/k/a Bucyrus<br />
International, Inc.), a limited liability company organized under the laws of the State of<br />
Delaware] (“Seller”), and [Finning International Inc., a corporation organized under the<br />
federal laws of Canada] (“Buyer”). Seller and Buyer are sometimes hereinafter referred to<br />
individually as a “Party” and collectively as the “Parties.” Capitalized terms used but not<br />
defined herein shall have the meanings assigned to such terms in the Purchase Agreement (as<br />
defined below).<br />
W I T N E S S E T H :<br />
WHEREAS, Seller and Buyer have entered into that certain Master Asset Purchase<br />
Agreement dated as of __________, 2012 (the “Purchase Agreement”), pursuant to which the<br />
Buyer Parties will purchase from Seller and the Seller Parties certain assets relating to the Local<br />
Distribution Businesses, as described in the Purchase Agreement; and<br />
WHEREAS, in connection therewith, Buyer will provide, or cause to be provided, to<br />
Seller certain Services (as defined below) in accordance with the terms and subject to the<br />
conditions set forth herein.<br />
NOW, THEREFORE, the Parties, intending to become legally bound, and for good and<br />
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, agree as<br />
follows.<br />
ARTICLE I<br />
PROVISION OF SERVICES<br />
1.01 Services. Buyer shall provide, or cause to be provided, to Seller: (i) the general<br />
services described on Schedule A attached hereto (the “General Services”); and (ii) the<br />
information systems services (if any) described on Schedule B attached hereto (the “Information<br />
Systems Services”). As used in this Agreement, “Service” shall mean any General Service or<br />
Information Systems Service and “Services” shall mean the General Services and the<br />
Information Systems Services collectively.<br />
1.02 Provision of Services.<br />
(a) Buyer shall not be obligated to provide any services other than those Services<br />
specifically set forth in Schedules A and B. The Services shall be provided in accordance with<br />
and subject to the terms, limitations and conditions set forth in this Agreement. Except as<br />
specifically set forth in Schedule A or B, or unless otherwise mutually agreed upon by the Parties<br />
in writing, to the extent practicable, the Services shall be performed by Buyer for Seller in a<br />
manner that is substantially similar to the manner in which such Services were generally<br />
performed by, or on behalf of, Seller or Seller Parties for the Local Distribution Businesses<br />
C1-2<br />
Exhibit C-1<br />
Form of Initial Closing Transfer Documents