Common Contracts

2 similar Preferred Stock Repurchase Agreement contracts by OPENLANE, Inc.

PREFERRED STOCK REPURCHASE AGREEMENT
Preferred Stock Repurchase Agreement • September 9th, 2025 • OPENLANE, Inc. • Retail-auto dealers & gasoline stations • Delaware

This PREFERRED STOCK REPURCHASE AGREEMENT (this “Agreement”), dated as of September 9, 2025, is by and between OPENLANE, Inc. (the “Company”), a Delaware corporation, and Ignition Acquisition Holdings LP, a Delaware limited partnership (the “Preferred Stockholder”) (each of the Company and the Preferred Stockholder, a “Party”, and, collectively, the “Parties”).

PREFERRED STOCK REPURCHASE AGREEMENT
Preferred Stock Repurchase Agreement • September 9th, 2025 • OPENLANE, Inc. • Retail-auto dealers & gasoline stations • Delaware

This PREFERRED STOCK REPURCHASE AGREEMENT (this “Agreement”), dated as of September 9, 2025, is by and between OPENLANE, Inc. (the “Company”), a Delaware corporation, and Periphas Kanga Holdings, LP, a Delaware limited partnership (the “Preferred Stockholder”) (each of the Company and the Preferred Stockholder, a “Party”, and, collectively, the “Parties”).