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TABLE OF CONTENTS <br /> Page <br /> ARTICLE I.DEFINITIONS 2 <br /> 1.1 Definitions 2 <br /> ARTICLE II.PURCHASED ASSETS; ASSUMPTION OF ASSUMED <br /> LIABILITIES; CLOSING 7 <br /> 2.1 Purchase,Sale and Option for the Purchased Assets 7 <br /> 2.2 Option Money 7 <br /> 2.3 Conditions and Term of Option 7 <br /> 2.4 Closing 8 <br /> 2.5 Excluded Assets 8 <br /> 2.6 Assumed Liabilities 9 <br /> 2.7 Excluded Liabilities 9 <br /> 2.8 Consents 10 <br /> 2.9 First Option Payment 10 <br /> 2.10 Purchase Price; Closing 11 <br /> 2.11 Proration of Certain Charges 12 <br /> 2.12 Allocations 12 <br /> 2.13 Deductions and Withholdings 12 <br /> ARTICLE III.REPRESENTATIONS AND WARRANTIES 12 <br /> 3.1 Representations and Warranties of the Seller 12 <br /> 3.2 Representations and Warranties of the Individuals 18 <br /> 3.3 Representations and Warranties of the Buyer 18 <br /> ARTICLE IV.COVENANTS 20 <br /> 4.1 Covenants of the Seller or the Individuals 20 <br /> 4.2 Mutual Covenants 23 <br /> ARTICLE V.TITLE MATTERS 25 <br /> 5.1 Title and Cure; Title Insurance 25 <br /> 5.2 Title Review 25 <br /> 5.3 Title Policy 26 <br /> 5.4 After-Acquired Title 26 <br /> ARTICLE VI.CONDITIONS TO CLOSING 26 <br /> 6.1 Conditions to the Obligations of the Parties 26 <br /> 6.2 Conditions to the Obligations of the Buyer 26 <br /> 6.3 Conditions to the Obligations of the Seller and the Individuals 28 <br /> -i- <br />