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CONTRACT FOR PURCHASE AND SALE This CONTRACT OF PURCHASE AND SALE (this "Agreement "), dated as of December 12, 2013, is entered into between CURTIS PRODUCTS, INC., an Indiana corporation (the "Company "), as purchaser, and the SOUTH BEND REDEVELOPMENT COMMISSION (the "Commission "), existing and operating under the provisions of Indiana Code § 36 -7 -14, as amended, as seller. In consideration of the mutual covenants and conditions contained herein, the Company and the Commission hereby agree as follows: 1. The Property. The Commission owns fee simple title to improved land commonly known as 401 North Bendix Drive, South Bend, Indiana 46628 with the legal description as described on Exhibit "A " hereto. In this Agreement, that land and all buildings and other improvements thereon (including but not limited to the buildings commonly identified as Building 100 and Building 101) and all rights and appurtenances related thereto are referred to collectively as the "Property ". The Property is further depicted on the Real Property Illustration attached as Exhibit "B ". The Commission has completed the disposition process under Indiana Code § 36 -7 -14- 22 and desires to sell the Property to the Company under the terms and conditions set forth herein pursuant to Indiana Code § 36- 7- 14- 22(h). 2. Environmental Condition. In connection with this Agreement, the Commission has furnished to the Company various environmental reports listed on Exhibit "C" hereto (the "Environmental Reports ") indicating that the soils and groundwater of the Property were and continue to be contaminated as described therein. In order to address such contamination, Honeywell International, Inc. ( "Honeywell ") has entered into a voluntary remediation agreement with the voluntary remediation program of the Indiana Department of Environmental Management and the Company will receive with respect to the Property a "no further action" letter or certificate of completion and covenant not to sue from the Indiana Department or Environmental Management ( "IDEM "). In addition, the Commission has provided the Company its indemnification as to environmental matters pursuant to an Environmental Indemnity Agreement, of even date with this Agreement (the "Environmental Agreement "), attached as Exhibit "D". The Company has also obtained a phase I environmental site assessment report with respect to the Property, dated April 11, 2013, from the consulting firm of Jones Petrie Rafinski (the "JPR Environmental Report") and on April 12, 2013 filed with IDEM its application for a so- called "comfort letter" with respect to the Property. IDEM has issued a letter to Curtis, dated August 16, 2013, with respect to the Property (the "Comfort Letter "). At the Closing (as defined in Section 14), the Commission will reimburse the Company for up to $35,000 of its costs (including fees and disbursements of counsel and consultants) to prepare the application for the Comfort Letter and to pursue with IDEM obtaining the Comfort Letter. 3. Agreement to Purchase and Sell the Property. On and subject to the terms and conditions of this Agreement, the Commission hereby agrees to sell the Property to the Company and the Company hereby agrees to purchase the Property. 1