Stonemor
Annual Report 2019

Plain-text annual report

Toggle SGML Header (+) Section 1: 10-K (10-K) Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ☐ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 or Delaware (State or other jurisdiction of incorporation or organization) 3600 Horizon Boulevard Trevose, Pennsylvania (Address of principal executive offices) Title of each class Common Stock, $0.01 par value per share For the transition period from to . Commission File Number: 001-39172 STONEMOR INC. (Exact name of registrant as specified in its charter) (Registrant’s telephone number, including area code): (215) 826-2800 __________________________________ Securities registered pursuant to Section 12(b) of the Act: Trading Symbol(s) STON Securities registered pursuant to Section 12(g) of the Act: None 80-0103152 (I.R.S. Employer Identification No.) 19053 (Zip Code) Name of each exchange on which registered New York Stock Exchange Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☐ No ☒ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐ No ☒ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act. Large accelerated filer Non-accelerated filer ☐ ☒ Accelerated filer Smaller reporting company Emerging growth company ☐ ☒ ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ 1 Table of Contents Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes ☐ No ☒ As of June 30, 2019, the last business day of the most recent second quarter of the registrant’s predecessor, the aggregate market value of the common units of such predecessor held by non-affiliates was approximately $49.3 million based on $2.20, the closing price per such common unit as reported on the New York Stock Exchange on June 28, 2019. At March 31, 2020, the registrant had outstanding 94,477,102 shares of Common Stock, par value $.01 per share. Documents incorporated by reference: None 2 Table of Contents Item 1. Item 1A. Item 1B. Item 2. Item 3. Item 4. Item 5. Item 6. Item 7. Item 7A. Item 8. Item 9. Item 9A. Item 9B. Item 10. Item 11. Item 12. Item 13. Item 14. Item 15. Item 16. FORM 10-K OF STONEMOR INC. TABLE OF CONTENTS PART I Business Risk Factors Unresolved Staff Comments Properties Legal Proceedings Mine Safety Disclosures Market for the Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities PART II Selected Financial Data Management’s Discussion and Analysis of Financial Condition and Results of Operations Quantitative and Qualitative Disclosures About Market Risk Financial Statements and Supplementary Data Changes in and Disagreements with Accountants on Accounting and Financial Disclosure Controls and Procedures Other Information Directors, Executive Officers and Corporate Governance Executive Compensation Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters Certain Relationships and Related Transactions, and Director Independence Principal Accountant Fees and Services Exhibits and Financial Statement Schedules Form 10-K Summary Signatures PART III PART IV 3 5 12 23 24 26 26 27 27 28 48 49 103 103 106 107 113 123 124 126 128 132 133 Table of Contents EXPLANATORY NOTE Effective as of December 31, 2019, pursuant to that certain Merger and Reorganization Agreement (as amended, the “Merger Agreement”) by and among StoneMor GP LLC (“StoneMor GP”), a Delaware limited liability company and the general partner of StoneMor Partners L.P. (the “Partnership”), the Partnership, StoneMor GP Holdings LLC, a Delaware limited liability company and formerly the sole member of GP (“GP Holdings”) and Hans Merger Sub, LLC, a Delaware limited liability company and wholly-owned subsidiary of GP (“Merger Sub”), GP converted from a Delaware limited liability company into a Delaware corporation named StoneMor Inc. (the “Company”) and Merger Sub was merged with and into the Partnership (the “Merger”). The Company is the successor registrant to the Partnership pursuant to Rule 405 under the Securities Act of 1933, as amended (the “Securities Act”), and Rule 12g-3 under the Securities Exchange Act of 1934, as amended (the “Exchange Act:”). As used in this Annual Report on Form 10-K (the “Annual Report”), unless the context otherwise requires, references to the terms the “Company,” “StoneMor,” “we,” “us,” and “our” refer to StoneMor Inc. and its consolidated subsidiaries for all periods from and after the Merger and to StoneMor Partners L.P. and its consolidated subsidiaries for all periods prior to the Merger. In addition, as used in this Annual Report, unless the context otherwise requires, references to (i) the term “Cornerstone” refers to Cornerstone Family Services, Inc.; (ii) the term “CFSI” refers to CFSI LLC; (iii) the term “CFS” refers to Cornerstone Family Services LLC; (iv) the term “LP Sub” refers to StoneMor LP Holdings, LLC; (v) the term “ACII” refers to American Cemeteries Infrastructure Investors, LLC; (vi) the term “AUH” refers to AIM Universal Holdings, LLC; (vii) the term “AIM” refers to American Infrastructure MLP Funds; (viii) the term “AIM II” refers to American Infrastructure MLP Fund II, L.P.; (ix) the term AIM FFII refers to American Infrastructure MLP Founders Fund II, L.P.; (x) the term “AIM II StoneMor” refers to AIM II Delaware StoneMor, Inc.; (xi) the term AIM Management II refers to American Infrastructure MLP Management II, L.L.C.; and (xiv) the term AIM II Offshore refers to AIM II Offshore, L.P. We are filing as a smaller reporting company within the meaning of Rule 12b-2 under the Exchange Act. As a smaller reporting company, we may choose to comply with certain scaled or non-scaled financial and non-financial disclosure requirements on an item by item basis. 4 Table of Contents ITEM 1. BUSINESS OVERVIEW Our History PART I We were formed as a Delaware limited partnership in April 2004 and, since our formation, our general partner has been StoneMor GP, a Delaware limited liability company. From May 2014 until December 31, 2019, the sole member of StoneMor GP was GP Holdings. Recent Developments COVID-19 Pandemic In December 2019, an outbreak of a novel strain of coronavirus originated in Wuhan, China (“COVID-19”) and has since spread worldwide, including to the Unites States (the “U.S.”), posing public health risks that have reached pandemic proportions (the “COVID-19 Pandemic”). The COVID-19 Pandemic poses a threat to the health and economic wellbeing of our employees, customers and vendors. Currently, our operations have been deemed essential by the state and local governments in which we operate, with the exception of Puerto Rico, and we are actively working with federal, state and local government officials to ensure that we continue to satisfy their requirements for offering our essential services. The operation of all of our facilities is critically dependent on our employees who staff these locations. To ensure the wellbeing of our employees and their families, we have provided all of our employees with detailed health and safety literature on COVID-19, such as the Center for Disease Control (the “CDC”)’s industry-specific guidelines for working with the deceased who were and may have been infected with COVID-19. In addition, our procurement and safety teams have updated and developed new safety-oriented guidelines to support daily field operations and provided personal protection equipment to those employees whose positions necessitate them, and we have implemented work from home policies at our corporate office consistent with CDC guidance to reduce the risks of exposure to COVID-19 while still supporting the families that we serve. Our marketing and sales team has quickly responded to the sales challenges presented by the COVID-19 Pandemic by implementing virtual meeting options using a variety of web-based tools to ensure that we can continue to connect with and meet our customers’ needs in a safe, effective and productive manner. Some of our locations have also started providing live video streaming of their funeral and burial services to our customers, so that family and friends can connect virtually during their time of grief. Like most businesses world-wide, the COVID-19 Pandemic has impacted us financially; however, we cannot presently predict the scope and severity with which COVID-19 will impact our business, financial condition, results of operations and cash flows. As recently as early March 2020, we were experiencing sales growth for the first quarter of 2020, as compared to the first quarter of 2019. However, over the last two weeks, we have seen our pre-need sales activity decline as Americans practice social distancing. In addition, our pre- need customers with installment contracts could default on their installment contracts due to lost work or other financial stresses arising from the COVID-19 Pandemic. While we expect our pre-need sales to be challenged during the COVID 19 Pandemic, we believe the implementation of our virtual meeting tools is one of several key steps to mitigate this disruption. In addition, we expect that throughout this disruption our cemeteries and funeral homes will remain open and available to serve our families in all the locations in which we operate to the extent permitted by local authorities, with the exception of Puerto Rico. C-Corporation Conversion On December 31, 2019, pursuant to the terms of the Merger Agreement, we completed the following series of reorganization transactions (which we sometimes refer to collectively as the “C-Corporation Conversion”): • • GP Holdings contributed its entire equity interest in the Partnership to StoneMor GP and, in exchange, ultimately received an aggregate of 5,099,969 shares of our common stock; StoneMor GP contributed the common units in the Partnership it received from GP Holdings to LP Sub, a Delaware limited liability company and wholly-owned subsidiary of StoneMor GP; 5 Table of Contents • • Merger Sub merged with and into the Partnership, with the Partnership surviving as a Delaware limited partnership, and pursuant to which each outstanding Series A Convertible Preferred Unit (defined below) and Common Unit (other than the common units held by LP Sub) was converted into the right to receive one share of our common stock; and StoneMor GP converted from a Delaware limited liability company to a Delaware corporation called StoneMor Inc. As a result of the C-Corporation Conversion, the Company remains the general partner of the Partnership and LP Sub is the sole limited partner of the Partnership such that, directly or indirectly, the Company owns 100% of the interests in the Partnership. Divestitures and Early Debt Redemptions On January 3, 2020, we sold substantially all of the assets of Oakmont Memorial Park, Oakmont Funeral Home, Redwood Chapel, Inspiration Chapel and Oakmont Crematory located in California pursuant to the terms of an asset sale agreement (the “Oakmont Agreement”) with Carriage Funeral Holdings, Inc. for an aggregate cash purchase price of $33.0 million (the “Oakmont Sale”). The divested assets consisted of one cemetery, one funeral home and certain related assets. In March 2020, we entered into an asset purchase agreement for the sale of substantially all of the assets of the cemetery, funeral establishment and crematory commonly known as Olivet Memorial Park, Olivet Funeral and Cremation Services, and Olivet Memorial Park & Crematory pursuant to the terms of an asset sale agreement (the “Olivet Agreement”) with Cypress Lawn Cemetery Association for a net cash purchase price of $24.3 million, subject to certain adjustments (the “Olivet Sale”). In addition, in March 2020, we entered into an asset sale agreement (the “California Agreement”) with certain entities owned by John Yeatman and Guy Saxton to sell substantially all of our remaining California properties, consisting of five cemeteries, six funeral establishments and four crematories (the “Remaining California Assets”) for a cash purchase price of $7.1 million, subject to certain closing adjustments (the “Remaining California Sale”). In January 2020, we redeemed an aggregate $30.4 million of principal of our 9.875%/11.500% Senior Secured PIK Toggle Notes due 2024 (the “Senior Secured Notes”), primarily using the net proceeds from the Oakmont Sale. Per the indenture dated June 27, 2019 by and among the Partnership, Cornerstone Family Services of West Virginia Subsidiary, Inc., certain direct and indirect subsidiaries of the Company, the initial purchasers party thereto and Wilmington Trust, National Association, as trustee and as collateral agent (as amended, the “Indenture”), we anticipate using the first $23.7 million of net proceeds and 80% of the remaining net proceeds from the Olivet Sale along with 80% of the net proceeds from the Remaining California Sale to redeem additional portions of the outstanding Senior Secured Notes. The information set forth in this Annual Report regarding our cemeteries and funeral homes is as of December 31, 2019 and does not give effect to the Oakmont Sale, the Olivet Sale or the Remaining California Sale. Amendments to the Indenture and Capital Raise in 2020 On April 1, 2020, the Partnership, Cornerstone Family Services of West Virginia Subsidiary, Inc. (collectively with the Partnership, the “Issuers”) and Wilmington Trust, National Association, as trustee, entered into the Third Supplemental Indenture (the “Supplemental Indenture”) to the Indenture. Pursuant to the terms of the Supplemental Indenture: 1. The following financial covenants were amended: a. b. c. The Interest Coverage Ratio measurements at March 31, June 30 and September 30, 2020 were eliminated and replaced with a Minimum Operating Cash Flow covenant of $(25.0 million), $(35.0 million) and $(35.0 million), respectively; The required Interest Coverage Ratios at December 31, 2020, March 31, 2021 and June 30, 2021 were reduced to 0.00x, 0.75x and 1.10x, respectively, from 1.15x, 1.25x and 1.30x; and The Asset Coverage tests at March 31, June 30, September 30 and December 31, 2020 were reduced to 1.40x from 1.60x; 2. 3. The premium payable upon voluntary redemption of the Senior Secured Notes on or after June 27, 2021 and before June 27, 2022 was increased from 4.0% to 5.0% and the premium payable upon any such voluntary redemption on or after June 27, 2022 and before June 27, 2023 was increased from 2.0% to 3.0%; and The Issuers agreed to use their best efforts to cause us to effectuate a rights offering on the terms described below as promptly as practicable with an expiration date no later than July 24, 2020 and to receive proceeds of not less than $8.2 million therefrom (in addition to the $8.8 million capital raise described below). 6 Table of Contents The foregoing amendments effected by the Supplemental Indenture will become operational when we pay a $5 million consent fee to the holders of the Senior Secured Notes, of which $3.5 million will be paid in cash and $1.5 million will be paid by increasing the principal amount of the Senior Secured Notes outstanding, and satisfy other specified conditions. Concurrently with the execution of the Supplemental Indenture, we entered into a letter agreement (the “Axar Commitment”) with Axar pursuant to which Axar committed to (a) purchase shares of our Series A Preferred Stock with an aggregate purchase price of $8.8 million on April 3, 2020, (b) exercise its basic rights in the rights offering by tendering the shares of Series A Preferred Stock so purchased for shares of our common stock, $0.01 par value per share (“Common Stock”) and (c) purchase any shares offered in the rights offering for which other stockholders do not exercise their rights, up to a maximum of an additional $8.2 million of such shares. We did not pay Axar any commitment, backstop or other fees in connection with the Axar Commitment. On April 3, 2020, as contemplated by the Axar Commitment, the Company and Axar CL SPV LLC, Star V Partners LLC and Blackwell Partners LLC –Series E. (the “2020 Purchasers”) entered into a Series A Preferred Stock Purchase Agreement (the “2020 Preferred Purchase Agreement”) pursuant to which we sold 176 shares of our Series A Preferred Stock, par value $0.01 per share (the “Preferred Shares”), for a cash price of $50,000 per share, an aggregate of $8.8 million. We offered and sold the Preferred Shares in reliance upon the exemption from the registration requirements of the Securities Act pursuant to Section 4(a)(2) thereof. We relied on this exemption from registration based in part on representations made by the 2020 Purchasers in the 2020 Preferred Purchase Agreement. Under the terms of the Supplemental Indenture and the Axar Commitment, we agreed to undertake an offering to holders of our Common Stock of transferable rights to purchase their pro rata share of shares of Common Stock with an aggregate exercise price of at least $17 million at a price of $0.73 per share. The rights offering period, during which the rights will be transferable, will be no less than 20 calendar days and no more than 45 calendar days. We agreed to use our best efforts to complete the rights offering with an expiration date no later than July 24, 2020. Recapitalization Transactions in 2019 On June 27, 2019, we closed a $447.5 million recapitalization transaction, consisting of (i) the sale of an aggregate of 52,083,333 of the Partnership’s Series A Preferred Units (the “Series A Convertible Preferred Units”) representing limited partner interests in the Partnership at a purchase price of $1.1040 per Preferred Unit, reflecting an 8% discount to the liquidation preference of each Preferred Unit, for an aggregate purchase price of $57.5 million (the “Preferred Offering”) and (ii) a concurrent private placement of $385.0 million of Senior Secured Notes to certain financial institutions (collectively with the Preferred Offering, the “Recapitalization Transactions”). The net proceeds of the Recapitalization Transactions were used to fully repay our then-outstanding senior notes due in June 2021 and retire the revolving credit facility due in May 2020, as well as for associated transaction expenses, cash collateralization of existing letters of credit and other needs under the former credit facility, with the balance available for general corporate purposes. Board Reconstitution In connection with the closing of the Recapitalization Transactions, our Board of Directors was reconstituted. Directors Martin R. Lautman, Ph.D., Leo J. Pound, Robert A Sick and Fenton R. Talbott resigned as directors and the authorized number of directors was reduced to seven. Andrew Axelrod, David Miller and Spencer Goldenberg were elected to fill the vacancies created by the resignations. The reconstituted board is comprised of Messrs. Axelrod, Miller and Goldenberg, Robert B. Hellman, Jr., Stephen Negrotti, Patricia Wellenbach and Joseph M. Redling. Mr. Axelrod serves as the chairman of the board. Strategic Partnership Agreement On April 2, 2020, we entered into two multi-year Master Services Agreements (the “MSAs”) with Moon Landscaping, Inc. and its affiliate, Rickert Landscaping, Inc. (collectively “Moon”). Under the terms of the MSAs, Moon will provide all grounds and maintenance services at most of the funeral homes, cemeteries and other properties we own or manage including, but not limited to, landscaping, openings and closings, burials, installations, routine maintenance and janitorial services. Moon will hire all of our grounds and maintenance employees at the serviced locations and will perform all functions currently handled by those employees. We expect the implementation of the MSAs to take place on a clustered basis over the next three to four months, with full implementation expected no later than July 31, 2020. We agreed to pay a total of approximately $241 million over the term of the contract, which runs through December 31, 2024, based upon an initial annual cost of $49 million and annual increases of 2%. The first year cost will be prorated based upon exact implementation and roll-out schedule for each location. As part of the MSAs, we agreed to lease our landscaping and maintenance equipment to Moon for the duration of the agreements and to transfer title to any such equipment we own at the 7 Table of Contents end of the term to Moon, in each case without any additional payment by Moon. As of December 31, 2019, the net book value of the equipment we will be leasing to Moon was approximately $7.4 million. Each party has the right to terminate the MSAs at any time on six months’ prior written notice, provided that if we terminate the MSAs without cause, we will be obligated to pay Moon an equipment credit fee in the amount of $1.0 million for each year remaining in the term, prorated for the portion of the year in which any such termination occurs. The MSAs also contain representations, covenants and indemnity provisions that are customary for agreements of this nature. Products and Service Offerings We are currently one of the largest owners and operators of cemeteries and funeral homes in the U.S. As of December 31, 2019, we operated 321 cemeteries in 27 states and Puerto Rico. We own 291 of these cemeteries and we manage or operate the remaining 30 under lease, management or operating agreements with the nonprofit cemetery companies that own the cemeteries. As of December 31, 2019, we also owned, operated or managed 90 funeral homes, including 42 located on the grounds of cemetery properties that we own, in 17 states and Puerto Rico. The cemetery products and services that we sell include the following: Interment Rights burial lots lawn crypts mausoleum crypts cremation niches perpetual care rights Merchandise burial vaults caskets grave markers and grave marker bases memorials Services installation of burial vaults installation of caskets installation of other cemetery merchandise other service items We sell these products and services both at the time of death, which we refer to as at-need, and prior to the time of death, which we refer to as pre-need. In 2019, we performed 52,010 burials and sold 25,963 interment rights (net of cancellations). Based on our sales of interment spaces in 2019, our cemeteries have an aggregate average remaining sales life of 243 years. Our cemetery properties are located in Alabama, California, Colorado, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Maryland, Michigan, Mississippi, Missouri, New Jersey, North Carolina, Ohio, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, Tennessee, Virginia, Washington, West Virginia and Wisconsin. Our cemetery operations accounted for approximately 82% and 83% of our revenues in 2019 and 2018, respectively. The funeral home products and services that we sell include the following: Merchandise caskets and related items Services family consultation removal and preparation of remains insurance products use of funeral home facilities for visitation and prayer services Our funeral homes are located in Alabama, California, Florida, Illinois, Indiana, Kansas, Maryland, Mississippi, Missouri, North Carolina, Ohio, Oregon, Pennsylvania, Puerto Rico, South Carolina, Tennessee, Virginia and West Virginia. Our funeral home operations accounted for approximately 18% and 17% of our consolidated revenues in 2019 and 2018, respectively. OPERATIONS Segment Reporting and Related Information We have two distinct reportable segments, which are classified as Cemetery Operations and Funeral Home Operations segments, both of which are supported by corporate costs and expenses. We have chosen this level of organization and disaggregation of reportable segments because: (a) each reportable segment has unique characteristics that set it apart from the other segment; (b) we have organized our management personnel at these two operational levels; and (c) it is the level at which our chief decision makers evaluates performance. 8 Table of Contents Cemetery Operations As of December 31, 2019, we operated 321 cemeteries. Our Cemetery Operations include sales of cemetery interment rights, merchandise and services and the performance of cemetery maintenance and other services. An interment right entitles a customer to a burial space in one of our cemeteries and the perpetual care of that burial space. Burial spaces, or lots, are parcels of property that hold interred human remains. A burial vault is a rectangular container, usually made of concrete but can also be made of steel or plastic, which sits in the burial lot and in which the casket is placed. The top of the burial vault is buried approximately 18 to 24 inches below the surface of the ground, and the casket is placed inside the vault. Burial vaults prevent ground settling that may create uneven ground surfaces. Ground settling typically results in higher maintenance costs and potential exposure for accidents on the property. Lawn crypts are a series of closely spaced burial lots with preinstalled vaults and may include other improvements, such as landscaping, sprinkler systems and drainage. A mausoleum crypt is an above ground structure that may be designed for a particular customer, which we refer to as a private mausoleum or it may be a larger building that serves multiple customers, which we refer to as a community mausoleum. Cremation niches are spaces in which the ashes remaining after cremation are stored. Cremation niches are often part of community mausoleums; although we sell a variety of cremation niches to accommodate our customers’ preferences. Grave markers, monuments and memorials are above ground products that serve as memorials by showing who is remembered, the dates of birth and death and other pertinent information. These markers, monuments and memorials include simple plates, such as those used in a community mausoleum or cremation niche, flush-to-the-ground granite or bronze markers, headstones or large stone obelisks. One of the principal services we provide at our cemeteries is an "opening and closing," which is the digging and refilling of burial spaces to install the vault and place the casket into the vault. With pre-need sales, there are usually two openings and closings, where permitted by applicable law. During the initial opening and closing, we install the burial vault in the burial space. Where permitted by applicable law, we usually perform this service shortly after the customer signs a pre-need contract. Advance installation allows us to withdraw the related funds from our merchandise trusts, making the amount in excess of our cost to purchase and install the vault available to us for other uses and eliminates future merchandise trusting requirements for the burial vault and its installation. During the final opening and closing, we remove the dirt above the vault, open the lid of the vault, place the casket into the vault, close the vault lid and replace the ground cover. With at-need sales, we typically perform the initial opening and closing at the time we perform the final opening and closing. Our other services include the installation of other cemetery merchandise and the perpetual care related to interment rights. Funeral Home Operations As of December 31, 2019, we owned, operated or managed 90 funeral homes, 42 of which are located on the grounds of cemetery properties that we own. Our funeral homes offer a range of services to meet a family’s funeral needs, including family consultation, final expense insurance products, the removal and preparation of remains, provision of caskets and related funeral merchandise, the use of funeral home facilities for visitation, worship and performance of funeral services and transportation services. Funeral Home Operations primarily generate revenues from at-need sales. Cremation Products and Services We operate crematories at some of our cemeteries or funeral homes, but our primary crematory operations are sales of receptacles for cremated remains, such as urns, and the inurnment of cremated remains in niches or scattering gardens. Cremation products and services usually cost less than traditional burial products and services and take up less space than burials. We sell cremation products and services on both a pre-need and an at-need basis. Seasonality Although the death care business is relatively stable and predictable, our results of operations may be subject to seasonal fluctuations in deaths due to weather conditions, illness and public health crises, such as the COVID-19 Pandemic. Generally, more deaths occur during the winter months, primarily resulting from pneumonia and influenza. In addition, we generally perform fewer initial openings and closings in the winter, as the ground is frozen in many of the areas in which we operate. We may also experience declines in contracts written during the winter months due to increased inclement weather during which our sales staff would be unable to meet with customers. Sales Contracts Pre-need products and services are typically sold on an installment basis. At-need products and services are generally required to be paid for in full in cash by the customer at the time of sale. As a result of our pre-need sales, the backlog of unfulfilled pre- 9 Table of Contents need performance obligations recorded in deferred revenues was $949.4 million and $919.6 million at December 31, 2019 and 2018, respectively. Trusts Sales of cemetery products and services are subject to a variety of state regulations. In accordance with these regulations, we are required to establish and fund two types of trusts: merchandise trusts and perpetual care trusts, to ensure that we can meet our future obligations. Our funding obligations are generally equal to a percentage of the sales proceeds or costs of the products and services we sell. Sales Personnel, Training and Marketing As of December 31, 2019, we employed 455 full-time commissioned salespeople and four part-time commissioned salespeople, 125 salaried sales managers, 20 outside sales counselors and seven full-time sales support employees. We had two divisional sales vice presidents who report directly to our two divisional presidents. Individual salespersons are typically located at the cemeteries they serve and report directly to the cemetery sales manager. We have made a commitment to the ongoing education and training of our sales force and to salesperson retention in order to provide our customers high quality customer service and in an effort to comply with all applicable laws and requirements. Our salespeople are trained to prioritize our customers’ needs and sell merchandise and services that are in our customers’ best interests. Our training program includes classroom training at regional training locations, field training, periodically updated training materials that utilize media, such as web based modules, for interactive training and participation in industry seminars. Additionally, we place special emphasis on training property sales managers, who are key elements to a successful pre-need sales program. We generate sales leads through various methods including digital marketing, direct mail, websites, funeral follow-up and sales force cold calling, with the assistance of database mining and other marketing resources. We have created a marketing department to allow us to use more sophisticated marketing techniques to focus more effectively on our lead generation and to direct sales efforts. Sales leads are referred to the sales force to schedule an appointment, either at the customer’s home or at the cemetery location. Acquisitions We did not complete any acquisitions during the year ended December 31, 2019. On January 19, 2018, we acquired six cemetery properties in Wisconsin and their related assets, net of certain assumed liabilities, for cash consideration of $2.5 million, of which $0.8 million was paid at closing. We had been managing these properties since August 2016. We accounted for the purchase of these properties, which were not material individually or in the aggregate, under the acquisition method of accounting. Competition Our cemeteries and funeral homes generally serve customers that live within a 10 to 15-mile radius of a property’s location. We face competition from other cemeteries and funeral homes located within this localized area. Most of these cemeteries and funeral homes are independently owned and operated, and most of these owners and operators are smaller than we are and have fewer resources than we do. We have historically face limited competition from the two larger publicly held death care companies that have U.S. operations — Service Corporation International and Carriage Services, Inc. — as they do not directly operate cemeteries in the same local geographic areas in which we operate. Furthermore, these companies have historically generated the majority of their revenues from funeral home operations. Based on the relative levels of cemetery and funeral home operations of these publicly traded death care companies, which are disclosed in their filings with the Securities and Exchange Commission (the "SEC"), we believe that we are the only publicly held death care company that focuses a majority of its efforts on Cemetery Operations. Within a localized area of competition, we compete primarily for at-need sales, because, in general, many of the independently owned, local competitors may not have pre-need sales programs. Most of these competitors do not have as many of the resources that are available to us to launch and grow a substantial pre-need sales program. The number of customers that cemeteries and funeral homes are able to attract is largely a function of reputation and heritage, although competitive pricing, professional service and attractive, well- maintained and conveniently located facilities are also important factors. The sale of cemetery and funeral home products and services on a pre-need basis has increasingly been used by many companies as an important marketing tool. Due to the importance of reputation and heritage, increases in customer base are usually gained over a long period of time. 10 Table of Contents Competitors within a localized area have an advantage over us if a potential customer’s family members are already buried in the competitor’s cemetery. If either of the two publicly held death care companies identified above operated, or in the future were to operate, cemeteries within close proximity of our cemeteries, they may offer more competition than independent cemeteries and may have a competitive advantage over us to the extent they have greater financial resources available to them due to their size and access to the capital markets. REGULATION Our funeral operations are regulated by the Federal Trade Commission (the “FTC”) under Section 5 of the Federal Trade Commission Act and a trade regulation rule for the funeral industry promulgated thereunder referred to as the “Funeral Rule.” The Funeral Rule defines certain acts or practices as unfair or deceptive and contains certain requirements to prevent these acts or practices. The preventive measures require a funeral provider to give consumers accurate, itemized price information and various other disclosures about funeral merchandise and services and prohibit a funeral provider from: (i) misrepresenting legal, crematory and cemetery requirements; (ii) embalming for a fee without permission; (iii) requiring the purchase of a casket for direct cremation; (iv) requiring consumers to buy certain funeral merchandise or services as a condition for furnishing other funeral merchandise or services; (v) misrepresenting state and local requirements for an outer burial container; and (vi) representing that funeral merchandise and services have preservative and protective value. Additionally, the Funeral Rule requires the disclosure of mark-ups, commissions, additional charges and rebates related to cash advance items. Our operations are also subject to regulation, supervision and licensing under numerous federal, state and local laws and regulations, including those that impose trusting requirements Our operations are subject to federal, regional, state and local laws and regulations related to environmental protection, such as the federal Clean Air Act, Clean Water Act, Emergency Planning and Community Right-to-Know Act and Comprehensive Environmental Response ("EPCRA"), Compensation, and Liability Act, that impose legal requirements governing air emissions, waste management and disposal and wastewater discharges. We are subject to the requirements of the Occupational Safety and Health Act ("OSHA") and comparable state statutes. OSHA’s regulatory requirement, known as the Hazard Communication Standard, and similar state statutes require us to provide information and training to our employees about hazardous materials used or maintained for our operations. We may also be subject to Tier 1 or Tier 2 Emergency and Hazardous Chemical Inventory reporting requirements under the EPCRA, depending on the amount of hazardous materials maintained on-site at a particular facility. We are also subject to the federal Americans with Disabilities Act and similar laws, which, among other things, may require that we modify our facilities to comply with minimum accessibility requirements for disabled persons. We take various measures to comply with the Funeral Rule and all other laws and regulations to which we are subject, and we believe we are substantially in compliance with these existing laws and regulations. Federal, state and local legislative bodies and regulatory agencies frequently propose new laws and regulations, some of which could have a material effect on our operations and on the deathcare industry in general. We cannot accurately predict the outcome of any proposed legislation or regulation or the effect that any such legislation or regulation might have on us. Employees On January 31, 2019, we announced a profit improvement initiative, as part of our ongoing organizational review, designed to further integrate, streamline and optimize our operations. As part of this profit improvement initiative, during 2019 we undertook certain cost reduction initiatives, which included a reduction of approximately 200 positions of our workforce within our field operations and corporate functions in our headquarters located in Trevose, Pennsylvania. As of December 31, 2019, we employed 2,313 full-time, 219 part-time and 14 seasonal employees. 40 of these full-time employees are represented by various unions in Pennsylvania, California, New Jersey and Illinois and are subject to collective bargaining agreements that have expiration dates ranging from September 2020 to May 2023. We believe that our relationship with our employees is generally favorable. Available Information We file annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to those reports with the SEC. The SEC maintains a website at www.sec.gov that contains reports, proxy and information statements and other information regarding issuers that file electronically with the SEC, including us. 11 Table of Contents We maintain an Internet website with the address of http://www.stonemor.com. The information on this website is not, and should not be considered, part of this Annual Report and is not incorporated by reference into this Annual Report. This website address is only intended to be an inactive textual reference. Copies of our reports filed with, or furnished to, the SEC on Forms 10-K, 10-Q and 8-K, and any amendments to such reports, are available for viewing and copying at such Internet website, free of charge, as soon as reasonably practicable after filing such material with, or furnishing it to, the SEC. ITEM 1A. RISK FACTORS Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions that we believe are reasonable regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. All statements, other than statements of historical information, should be deemed to be forward-looking statements. The words “may,” “will,” “estimate,” “believe,” “expect,” “anticipate,” “plan,” “intend,” “foresee,” “should,” “would,” “could” or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Important factors that could cause actual results to differ materially from our expectations include, but are not limited to, the risks set forth below. The risks described below are those that we have identified as material and is not an exhaustive list of all the risks we face. There may be others that we have not identified or that we have deemed to be immaterial. All forward-looking statements made by us or on our behalf are qualified by the risks described below. If any events occur that give rise to the following risks, our business, financial condition or results of operations could be materially and adversely impacted. These risk factors, some of which are beyond our control or not readily predictable, should be read in conjunction with other information set forth in this Annual Report, including our consolidated financial statements and the related notes. Investors are cautioned not to put undue reliance on our forward-looking statements. RISKS RELATED TO OUR INDEBTEDNESS Our level of indebtedness could adversely affect our financial condition and prevent us from fulfilling our debt obligations. As of December 31, 2019, we had $393.4 million of total debt (excluding debt issuance costs, debt discounts and capital lease obligations), consisting of $392.8 million of the Senior Secured Notes and $0.6 million of financed vehicles. Our indebtedness requires significant interest and principal payments. Since December 31, 2019, we have redeemed an aggregate of $31.3 million of principal on the Senior Secured Notes, primarily with the net proceeds from the Oakmont Sale, and we anticipate using the first $23.7 million of net proceeds and 80% of the remaining net proceeds from the Olivet Sale along with 80% of the net proceeds from the Remaining California Sale to redeem additional portions of the outstanding Senior Secured Notes. Under the Indenture, we are obligated to pay a 2.0% premium for future redemptions of the principal of the Senior Secured Notes in excess of $23.7 million. We have the right and expect to pay quarterly interest at a fixed rate of 7.50% per annum in cash plus a fixed rate of 4.00% per annum payable in kind through January 30, 2022. The Senior Secured Notes will require cash interest payments at 9.875% for all interest periods after January 30, 2022. Our level of indebtedness could have important consequences to us, including: • • • • • continuing to require us to dedicate a substantial portion of our cash flow from operations to the payment of the principal of and interest on our indebtedness, thereby reducing the funds available for operations and any future business opportunities; limiting flexibility in planning for, or reacting to, changes in our business or the industry in which we operate; placing us at a competitive disadvantage compared to our competitors that have less indebtedness; increasing our vulnerability to adverse general economic or industry conditions; and limiting our ability to obtain additional financing to fund working capital, capital expenditures, acquisitions or other general corporate requirements and increasing our cost of borrowing. In addition, the Indenture prohibits us from incurring additional debt or liens for working capital expenditures, acquisitions or other purposes (subject to very limited exceptions), requires us to maintain a minimum liquidity level on a rolling ten business day basis and requires us to meet minimum interest and asset coverage ratios as of the end of each fiscal quarter. Our ability to make payments on and to refinance our indebtedness will depend on our ability to generate cash in the future from operations, financings or asset sales. Our ability to repay our indebtedness and comply with the restrictive and financial maintenance covenants will be dependent on, among other things, the successful execution of our strategic plans. If we require additional 12 Table of Contents capacity under the restrictive covenants to successfully execute our strategic plans or if we are unable to comply with the financial maintenance covenants, we will need to seek an amendment from a majority of the holders of the Senior Secured Notes. No assurances can be given that we will be successful in obtaining such an amendment, and any failure to obtain such an amendment will have a material adverse effect on our business operations and our financial results. Our ability to generate cash is subject to general economic, financial, competitive, legislative, regulatory and other factors that are beyond our control. We may not generate sufficient funds to service our debt and meet our business needs, such as funding working capital or the expansion of our operations. If we are not able to repay or refinance our debt as it becomes due, we may be forced to take certain actions, including reducing spending on day-to-day operations, reducing future financing for working capital, capital expenditures and general corporate purposes, selling assets or dedicating an unsustainable level of our cash flow from operations to the payment of principal and interest on our indebtedness. The trustee or holders of our debt could also accelerate amounts due in the event that we default, which could potentially trigger a default or acceleration of the maturity of our debt. In addition, our ability to withstand competitive pressures and to react to changes in our industry could be impaired, and our leverage could put us at a competitive disadvantage compared to our competitors that are less leveraged, as these competitors could have greater financial flexibility to pursue strategic acquisitions and secure additional financing for their operations. Our leverage could also impede our ability to withstand downturns in our industry or the economy in general. The prohibition on incurring additional debt in the Indenture for the Senior Secured Notes, as well as future operating results, may require us to issue additional equity securities to finance our working capital and capital expenditure needs. Any such equity issuance may be at a price less than the then-current market price, which would result in dilution to our stockholders’ interest in us. The Indenture prohibits us from incurring additional debt, including to fund working capital and capital expenditures, subject to very limited exceptions. This prohibition may require us to issue additional equity securities in order to provide us with sufficient cash to fund our working capital, liquidity and capital expenditure needs. There can be no assurance as to the price and terms on which such equity securities may be issued, and our stockholders’ equity interest in us may be materially diluted. For example, under the Supplemental Indenture and the Axar Commitment, we agreed to use our best efforts to effectuate a rights offering with an exercise price per shares of $0.73 per share with aggregate proceeds of not less than $17.0 million. Except as set forth in the Axar Commitment, there can be no assurances that we will be able to issue additional equity on any terms, in which case we may not have sufficient cash to fund our working capital, liquidity and capital expenditure needs and we may be unable to comply with one or more of the financial maintenance covenants in the Indenture. We must comply with covenants in the Indenture. Failure to comply with these covenants, which may result from events that are not within our control, may result in an Event of Default under the Indenture, which would have a material adverse effect on our business and financial condition and on the trading price of our common shares. The operating and financial restrictions and covenants in the Indenture restrict our ability to finance future operations or capital needs, including working capital and other liquidity, or to expand or pursue our business activities. For example, the Indenture requires us to comply with various affirmative covenants regarding, among other matters, maintenance and investment of trust funds and trust accounts into which certain sales proceeds are required by law to be deposited, minimum liquidity and other covenants. The Indenture also includes other restrictive and financial maintenance covenants including, but not limited to: • covenants that, subject to certain exceptions, limit our ability to: ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ incur additional indebtedness, including entering into a working capital facility; grant liens; engage in certain sale/leaseback, merger, consolidation or asset sale transactions; make certain investments; pay dividends or make distributions; engage in affiliate transactions; amend our organizational documents; and make capital expenditures; and • covenants that require us to maintain: ▪ ▪ a minimum liquidity level on a rolling ten business day basis; a minimum interest coverage ratio on a trailing twelve month basis as of each fiscal quarter end; and 13 Table of Contents ▪ a minimum asset coverage ratio as of each fiscal quarter end. The Indenture also provides for certain events of default, the occurrence and continuation of which could, subject to certain conditions, cause all amounts owing under the Senior Secured Notes to become due and payable, including but not limited to the following: • • • • • • • • our failure to pay any interest on any senior secured note when it becomes due and payable that remains uncured for five business days; our failure to pay the principal on any of the senior secured notes when it becomes due and payable, whether at the due date thereof, at a date fixed for redemption, by acceleration or otherwise; our failure to comply with the agreements and covenants relating to maintenance of our legal existence, providing notice of any default or event of default or use of proceeds from the sale of the Senior Secured Notes or any of the restrictive or financial maintenance covenants in the Indenture; our failure to comply with any other agreements or covenants contained in the Indenture or certain other agreements executed in connection with the Indenture that remains uncured for a period of 15 days after the earlier of written notice and request for cure from the Trustee or holders of at least 25% of the aggregate principal amount of the Senior Secured Notes; the acceleration of, or the failure, to pay at final maturity indebtedness (other than the Senior Secured Notes) in a principal amount exceeding $5.0 million; the occurrence of a Change in Control (as defined in the Indenture); certain bankruptcy or insolvency proceedings involving an Issuer or any subsidiary; and our failure to maintain one or more licenses, permits or similar approvals for the conduct of our business where the sum of the revenue associated therewith represents the lesser of (i) 15% of the Partnership’s and its subsidiaries’ consolidated revenue and (ii) $30.0 million, and such breach is not cured within 30 days. At the option of holders holding a majority of the outstanding principal amount of the Senior Secured Notes (and automatically upon any default for failure to pay principal of the Senior Secured Notes when due and payable or certain bankruptcy or insolvency proceedings involving an Issuer), the interest rate on the Senior Secured Notes will increase to 13.50% per annum, payable in cash. Our ability to comply with the covenants and restrictions contained in the Indenture may be affected by events beyond our control, including prevailing economic, financial and industry conditions and global health concerns. As a result of changes in market or other economic conditions, our ability to comply with these covenants may be impaired. If we violate any of the restrictions, covenants, ratios or tests in our Indenture, or fail to pay amounts thereunder when due, the trustee or the holders of at least 25% of the outstanding principal amount of our Senior Secured Notes will be able to accelerate the maturity of all amounts due under the Senior Secured Notes and demand repayment of amounts outstanding. We might not have, or be able to obtain, sufficient funds to make these accelerated payments, and the failure to make such payments would have a material adverse effect on our business operations and our financial results. Additionally, any subsequent replacement of our debt obligations or any new indebtedness could have similar or greater restrictions. RISK FACTORS RELATED TO OUR BUSINESS Our ability to execute our strategic plans depends on many factors, some of which are beyond our control. Our strategic plans are focused on efforts to revitalize the business, grow our revenue and manage our operating and non-recurring operating expenses. Many of the factors that impact our ability to execute our strategic plans, such as the number of deaths and general economic conditions, are beyond our control. Changes in operating conditions, such as supply disruptions and labor disputes, could negatively impact our operations. If we are unable to leverage scale to drive cost savings, productivity improvements, pre-need production or anticipated earnings growth, or if we are unable to deploy capital to maximize stockholder value, our financial performance could be affected. If we are unable to identify divestitures as planned or to realize expected synergies and strategic benefits, our financial performance could also be affected. We cannot give assurance that we will be able to execute any or all of our strategic plans. Failure to execute any or all of our strategic plans could have a material adverse effect on our financial condition, results of operations, and cash flows. In April 2019, we outlined and began implementing a turnaround strategy to return to profitability that is focused on four key goals: cash flow and liquidity, capital structure, strategic balance sheet/portfolio review and performance improvement from cost reductions and revenue enhancement. The turnaround strategy may negatively impact our operations, which could include 14 Table of Contents disruptions from the realignment of operational functions within the home office, sales of selected properties, changes in the administrative reporting structure and changes in our product assortments or marketing strategies. The impact of these disruptions may be material, and these changes could adversely affect our business operations and financial results. These changes could also decrease the cash we have available to fund ongoing liquidity and working capital requirements, and we may experience periods of limited liquidity. In addition, we are currently not generating sufficient consistent cash flow to cover the interest payments on our debt and meet our operating liquidity needs. If our turnaround strategy is not successful, takes longer than initially projected or is not executed effectively, our business operations, financial results, liquidity and cash flow will be adversely affected. Furthermore, no assurances can be given that our turnaround strategy, even if implemented properly, will result in a return to profitability. We are under leadership of a new Board of Directors, who collectively have a limited operating history with us. In June 2019, in connection with the Recapitalization Transactions (as defined in Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations – Recent Events), our Board of Directors was reconstituted. Directors Martin R. Lautman, Ph.D., Leo J. Pound, Robert A. Sick and Fenton R. Talbott resigned as directors and the authorized number of directors was reduced to seven. Andrew Axelrod, David Miller and Spencer Goldenberg were elected as directors to fill the vacancies created by the resignations. The reconstituted Board of Directors is comprised of Messrs. Axelrod, Miller and Goldenberg, Robert Hellman, Stephen Negrotti, Patricia Wellenbach and Joe Redling. Certain of our new board members have limited experience with our management team and our business. The ability of our new directors to quickly understand our business plans, operations and turnaround strategies will be critical to their ability to make informed and effective decisions about our strategy and operations, particularly given the competitive environment in which our business operates. Cemetery burial practice claims could have a material adverse impact on our financial results. Our cemetery practices have evolved and improved over time. Most of our cemeteries have been operating for decades and may have used practices and procedures that are outdated in comparison to today's standards. When cemetery disputes occur, we may be subject to litigation and liability for improper burial practices, including: • • burial practices of a different era that are judged today in hindsight as being outdated; and alleged violations of our practices and procedures by one or more of our associates. In addition, since most of our cemeteries were acquired through various acquisitions, we may be subject to litigation and liability based upon actions or events that occurred before we acquired or managed the cemeteries. Claims or litigation based upon our cemetery burial practices could have a material adverse impact on our financial condition, results of operations and cash flows. Our ability to generate pre-need sales depends on a number of factors, including sales incentives and local and general economic conditions. Significant declines in pre-need sales would reduce our backlog and revenue and could reduce our future market share. On the other hand, a significant increase in pre-need sales could have a negative impact on cash flow as a result of commissions and other costs incurred initially without corresponding revenue. We are continuing to refine the mix of service and product offerings in both our funeral and cemetery segments, including changes in our sales commission and incentive structure. These changes could cause us to experience declines in pre-need sales in the short-run. In addition, economic conditions at the local or national level could cause declines in pre-need sales either as a result of less discretionary income or lower consumer confidence. Declines in pre-need cemetery property sales reduce current revenue, and declines in other pre- need sales would reduce our backlog and future revenue and could reduce future market share. Pre-need sales typically generate low or negative cash flow in the periods immediately following sales, which could adversely affect our liquidity and cash flow. When we sell cemetery merchandise and services on a pre-need basis, upon cash collection, we pay commissions on the sale to our salespeople and are required by state law to deposit a portion of the sales proceeds into a merchandise trust. In addition, most of our customers finance their pre-need purchases under installment contracts payable over a number of years. Depending on the trusting requirements of the states in which we operate, the applicable sales commission rates and the amount of the down payment, our cash flow from sales to customers through installment contracts is typically negative until we have collected the related receivable or until we purchase the products or perform the services and are permitted to withdraw funds 15 Table of Contents we have deposited in the merchandise trust. To the extent we increase pre-need sales, state trusting requirements are increased or we delay the performance of the services or delivery of merchandise we sell on a pre-need basis, our cash flow from pre-need sales may be further reduced, and our liquidity could be adversely affected. We have a history of operating losses and may not achieve or maintain profitability and positive cash flow. We have incurred negative cash flows from operations and net losses for several years and have an accumulated deficit as of December 31, 2019, due to an increased competitive environment, increased expenses due to the C-Corporation Conversion and increases in professional fees and compliance costs. To the extent that we continue to have negative operating cash flow in future periods, we may not have sufficient liquidity and we may not be able to successfully implement our turnaround strategy. We cannot predict if or when we will operate profitably and generate positive cash flows. Our merchandise and perpetual care trust funds own investments in equity securities, fixed income securities, mutual funds and master limited partnerships, which are affected by financial market conditions that are beyond our control. Pursuant to state law, a portion of the proceeds from pre-need sales of merchandise and services is put into merchandise trusts until such time that we meet the requirements for releasing trust principal, which is generally delivery of merchandise or performance of services. In addition, the Indenture also provides certain limitations on how the assets in the merchandise trusts may be invested. Generally, a majority of the investment earnings generated by the assets in the merchandise trusts, including realized gains and losses, are deferred until the associated merchandise is delivered or the services are performed. Also, pursuant to state law, a portion of the proceeds from the sale of cemetery property is required to be paid into perpetual care trusts. The perpetual care trust principal does not belong to us and must remain in this trust in perpetuity while interest and dividends may be released and used to defray cemetery maintenance costs. These trust assets are managed by a trustee, which is advised by Cornerstone, our registered investment adviser subsidiary, all under the oversight of the Trust and Compliance Committee of our Board. Cornerstone has engaged two outside sub-advisers to assist Cornerstone in providing investment recommendations with respect to certain trust assets. There is no guarantee that the trustee will achieve its objectives and deliver adequate returns, and the trustee’s investment choices may result in losses. In addition our returns on these investments are affected by financial market conditions that are beyond our control. If the investments in our trust funds experience significant declines, there could be insufficient funds in the trusts to cover the costs of delivering services and merchandise. Pursuant to state law, we may be required to cover any such shortfall in merchandise trusts with cash flows from operations, which could have a material adverse effect on our financial condition, results of operations or cash flows. A substantial portion of our revenue is generated from investment returns that we realize from merchandise and perpetual care trusts. Unstable economic conditions have, at times, caused us to experience declines in the fair value of the assets held in these trusts. Moreover future cash flows could be negatively impacted if we are forced to liquidate any such investments that are in an impaired position. If the fair market value of these trusts, plus any other amount due to us upon delivery of the associated contracts, were to decline below the estimated costs to deliver the underlying products and services, we would record a charge to earnings to record a liability for the expected losses on the delivery of the associated contracts. For more information related to our trust investments, see Note 7, Merchandise Trusts and Note 8, Perpetual Trusts to our consolidated financial statements in Part II, Item 8. Financial Statements and Supplementary Data of this Annual Report. We may be required to replenish our funeral and cemetery trust funds in order to meet minimum funding requirements, which would have a negative effect on our earnings and cash flow. In certain states, we have withdrawn allowable distributable earnings from our merchandise trusts, including gains prior to the maturity or cancellation of the related contract. Additionally, some states have laws that either require replenishment of investment losses under certain circumstances or impose various restrictions on withdrawals of future earnings when trust fund values drop below certain prescribed amounts. In the event of realized losses or market declines, we may be required to deposit portions or all of these amounts into the respective trusts in some future period. As of December 31, 2019, we had unrealized losses of approximately $4.2 million in the various trusts within these states, of which $3.1 million were in merchandise trust accounts and $1.1 million were in perpetual care trust accounts. 16 Table of Contents Any reductions in the earnings of the investments held in merchandise and perpetual care trusts could adversely affect our revenues and cash flow. We invest our trust assets primarily for generation of realized income. We rely on the earnings, interest and dividends paid by the assets in our trusts to provide both revenue and cash flow. Interest income from fixed-income securities is particularly susceptible to changes in interest rates and declines in credit worthiness while dividends from equity securities are susceptible to the issuer’s ability to make such payments. Declines in earnings from perpetual care trust funds would cause a decline in current revenue, while declines in earnings from other trust funds could cause a decline in future cash flows and revenue. Unfavorable publicity could affect our reputation and business. Since our operations relate to life events that are emotionally stressful for our client families, our business is dependent on customer trust and confidence. Unfavorable publicity about our business generally or in relation to any specific location could affect our reputation and customers’ trust and confidence in our products and services, thereby having an adverse impact upon our sales and financial results. Our failure to attract and retain qualified sales personnel and management could have an adverse effect on our business and financial condition. Our ability to attract and retain a qualified sales force and other personnel is an important factor in achieving future success. Buying cemetery and funeral home products and services, especially at-need products and services, is very emotional for most customers, so our sales force must be particularly sensitive to our customers’ needs. We cannot assure our stockholders that we will be successful in our efforts to attract and retain a skilled sales force. If we are unable to maintain a qualified and productive sales force, our revenues may decline and our cash available for distribution may decrease. Our success also depends upon the services and capabilities of our management team. Management establishes the "tone at the top" by which an environment of ethical values, operating style and management philosophy is fostered. The inability of our senior management team to maintain a proper "tone at the top" or the loss of services of one or more members of senior management, as well as the inability to attract qualified managers or other personnel could have a material adverse effect on our business, financial condition and results of operations. We may not be able to locate or employ on acceptable terms qualified replacements for senior management or key employees if their services were no longer available. We do not maintain key employee insurance on any of our executive officers. Failure to effectively identify and manage divestitures and acquisitions could have an adverse effect on our results of operations. In the fourth quarter of 2019, we launched an asset sale program designed to divest assets at attractive multiples, reduce debt levels and improve our cash flow and liquidity. As of April 1, 2020, execution of this program has resulted in the consummation of the Oakmont Sale in January 2020 and the execution of two separate asset purchase agreements for the Olivet Sale and the Remaining California Sale in March 2020. However, we may not be successful in identifying additional divestiture opportunities on terms acceptable to us and the gains or losses on the divestiture of, or lost operating income from, such assets may affect our earnings. In addition, we continue to evaluate acquisition opportunities that could strategically fit our business objectives. However, we may not be successful in identifying and acquiring cemeteries or funeral homes on terms favorable to us or at all and may face competition from other death care companies in making acquisitions. In addition, if we complete acquisitions, we may encounter various associated risks, including the inability to integrate an acquired business into our operations, diversion of management’s attention and unanticipated problems or liabilities, some or all of which could have a material adverse effect on our operations and financial performance. Moreover, if we acquire cemeteries that do not have an existing pre-need sales program or a significant amount of pre-need products and services that have been sold but not yet purchased or performed, the operation of the cemetery and implementation of a pre-need sales program after acquisition may require significant amounts of working capital. We are also limited by our Indenture, which prohibits us from incurring additional debt or liens for acquisitions and engaging in certain asset sale transactions (subject to very limited exceptions), as well as restricts our use of proceeds from asset sale transactions. If our execution and implementation of divestitures and acquisitions is unsuccessful, our financial condition, results of operations and cash flow could be adversely affected. We may also incur asset impairment charges related to divestitures or acquisitions that would reduce our earnings. 17 Table of Contents We have identified material weaknesses in our internal control over financial reporting and determined that our disclosure controls and procedures were not effective which could, if not remediated, result in additional material misstatements in our financial statements and may adversely affect our liquidity, the market for our common shares and our business. Our management is responsible for establishing and maintaining adequate disclosure controls and procedures and internal control over our financial reporting, as defined in Rules 13a- 15(e) and 13a-15(f), respectively, under the Exchange Act. Effective internal controls are necessary for us to provide timely, reliable and accurate financial reports, identify and proactively correct any deficiencies, material weaknesses or fraud and meet our reporting obligations. As disclosed in Part II, Item 9A. Controls and Procedures of this Annual Report, management identified material weaknesses in our internal control over financial reporting and concluded our disclosure controls and procedures were not effective as of December 31, 2018. A material weakness is defined as a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of our annual or interim financial statements will not be prevented or detected on a timely basis. Our independent registered public accounting firm also expressed an adverse opinion on the effectiveness of our internal control over financial reporting. We have commenced our remediation efforts as discussed in Part II, Item 9A. Controls and Procedures of this Annual Report to address the material weaknesses in internal control over financial reporting and ineffective disclosure controls and procedures, which may include replacing and or enhancing our accounting systems in order to better perform the evaluation needed to comply with Section 404 of the Sarbanes-Oxley Act. If accounting systems are not successfully implemented or we encounter other difficulties, we might incur significant unexpected expenses in order to perform the Section 404 evaluation and our ability to file timely with the SEC may be adversely impacted. In addition, if our remedial measures are insufficient, or if additional material weaknesses or significant deficiencies in our internal controls occur in the future, we could be required to further restate our financial results, which could materially and adversely affect our business, results of operations and financial condition, restrict our ability to access the capital markets, require us to expend significant resources to correct the material weaknesses or deficiencies, harm our reputation or otherwise cause a decline in investor confidence. We rely significantly on information technology and any failure, inadequacy, interruption or security lapse of that technology, including any cybersecurity incidents, could harm our ability to operate our business effectively. Our ability to manage and maintain our internal reports effectively and integrate new business acquisitions depends significantly on our operational technology platform and other information systems. Some of our information technology systems may experience interruptions, delays or cessations of service or produce errors in connection with ongoing systems implementation work. Cybersecurity attacks in particular are evolving and include, but are not limited to, malicious software, attempts to gain unauthorized access to data and other electronic security breaches that could lead to disruptions in systems and corruption of data. The failure of our systems to operate effectively or to integrate with other systems or a breach in security or other unauthorized access of these systems may also result in reduced efficiency of our operations and could require significant capital investments to remediate any such failure, problem or breach and to comply with applicable regulations, all of which could adversely affect our business, financial condition and results of operations. Any failure to maintain the security of the information relating to our customers, their loved ones, our employees and our vendors could damage our reputation, cause us to incur substantial additional costs and make us subject to litigation, all of which could adversely affect our operating results, financial condition or cash flow. In the ordinary course of our business, we receive certain personal information, in both physical and electronic formats, about our customers, their loved ones, our employees and our vendors. In addition, our online operations depend upon the secure transmission of confidential information over public networks, including information permitting electronic payments. We maintain security measures and data backup systems to protect, store and prevent unauthorized access to such information. However, it is possible that computer hackers and others (through cyberattacks, which are rapidly evolving and becoming increasingly sophisticated, or by other means) might defeat our security measures in the future and obtain the personal information of customers, their loved ones, our employees and our vendors that we hold. In addition, our employees, contractors or third parties with whom we do business may attempt to circumvent our security measures to misappropriate such information and may purposefully or inadvertently cause a breach, corruption or data loss involving such information. A breach of our security measures or failure in our backup systems could adversely affect our reputation with our customers and their loved ones, our employees and our vendors, as well as our operations, results of operations, financial condition and cash flow. It could also result in litigation against us or the imposition of penalties. Moreover, a security breach could require that we expend significant additional resources to upgrade further the security measures that we employ to guard such important personal information against cyberattacks and other attempts to access such information and could result in a disruption of our operations. 18 Table of Contents The financial condition of third-party insurance companies that fund our pre-need funeral contracts and the amount of benefits those policies ultimately pay may impact our financial condition, results of operations or cash flows. Where permitted, customers may arrange their pre-need funeral contract by purchasing a life insurance or annuity policy from third-party insurance companies. The customer/policy holder assigns the policy benefits to our funeral home to pay for the pre-need funeral contract at the time of need. For the sales of pre-need funeral contracts funded through life insurance policies, we receive commissions from third-party insurance companies. Additionally, there is a death benefit associated with the contract that may vary over the contract life. There is no guarantee that the value of the death benefit will increase or cover future increases in the cost of providing a funeral service. If the financial condition of the third-party insurance companies were to deteriorate materially because of market conditions or otherwise, there could be an adverse effect on our ability to collect all or part of the proceeds of the life insurance or annuity policy, including any increase in the death benefit. Failure to collect such proceeds could have a material adverse effect on our financial condition, results of operations or cash flows. Our liquidity may be impacted by our ability to negotiate bonding arrangements with third-party insurance companies. Where permitted, we may enter into bonding arrangements with insurance companies, whereby pre-need performance obligations otherwise required to be trusted may be insured through a process called bonding. In the event that we are unable to deliver on bonded pre- need contract sales at the time of need, the insurance company will provide cash sufficient to deliver goods for the respective pre-need sale item. On an ongoing basis, we must negotiate acceptable terms of these various bonding arrangements, and the insurance company may require us to provide cash collateral from time to time under certain circumstances. To the extent we are unable to negotiate acceptable terms for such arrangements and thus are no longer able to maintain existing bonds, we would need to deposit the corresponding amounts in the merchandise trusts. In addition, the insurance companies may increasingly require us to provide cash collateral for such surety bonds in light of our financial condition. We may be required to provide additional cash collateral from time to time under certain circumstances. Any of these actions would have an adverse impact on our liquidity. Litigation or legal proceedings could expose us to significant liabilities and damage our reputation. From time to time, we are party to various claims and legal proceedings, including, but not limited to, claims and proceedings regarding employment, cemetery or burial practices and other litigation. As set forth more fully in Part I, Item 3. Legal Proceedings and Part II, Item 8. Financial Statements and Supplementary Data, Note 15 Commitments and Contingencies of this Annual Report, we are currently subject to state law claims that certain of our officers and directors breached their fiduciary duty to the Company. We could also become subject to additional claims and legal proceedings relating to the factual allegations made in these actions. We are also subject to class or collective actions under the wage and hours provisions of the Fair Labor Standards Act and state wage and hour laws, including, but not limited to, national and state class or collective actions, or putative class or collective actions. Adverse outcomes in some or all of our pending cases may result in significant monetary damages or injunctive relief against us, as litigation and other claims are subject to inherent uncertainties. Any such adverse outcomes, in pending cases or other lawsuits that may arise in the future, could have a material adverse impact on our financial position, results of operations and cash flow. While we hold insurance policies that may reduce cash outflows with respect to adverse outcomes of certain litigation matters, these insurance policies exclude certain claims, such as claims arising under the Fair Labor Standards Act. In addition, litigation claims and legal proceedings could demand substantial amounts of our management’s time, resulting in the diversion of our management resources from effectively managing our business operations, and costs to defend litigation claims and legal proceedings could be material. Any adverse publicity resulting from allegations made in litigation claims or legal proceedings may also adversely affect our reputation. All these factors could negatively affect our business and results of operations. Our ability to use our Net Operating Losses and other tax assets is uncertain. As of December 31, 2019, we had net operating loss (“NOL”) carryforwards of approximately $423.0 million for U.S. federal income tax purposes and substantial similar tax assets at the federal and state levels. Along with other previous transfers of our interests, we believe the Recapitalization Transactions caused an “ownership change” for income tax purposes, which may significantly limit our ability to use NOLs and certain other tax assets to offset future taxable income, possibly reducing the amount of cash available to us to satisfy our obligations. 19 Table of Contents A number of years may elapse before particular tax matters, for which we have established accruals, are audited and finally resolved. We are subject to federal income tax laws and state tax laws. The number of tax years open to audit varies depending on the tax jurisdiction. The federal statutes of limitations have expired for all tax years prior to 2016, and we are not currently under audit by the Internal Revenue Service (“IRS”). Various state jurisdictions are conducting sales tax audits from years 2015 to 2019 and escheat audits from year 2005 to present day. While it is often difficult to predict the final outcome or the timing of resolution of any particular tax matter, we believe that our accruals reflect the probable outcome of known tax contingencies. However, unfavorable settlement of any particular issue may reduce a deferred tax asset or require the use of cash, which may have a material adverse impact to our financial statements. Favorable resolution could result in reduced income tax expense reported in the financial statements in the future. For further details, see Part II, Item 8. Financial Statements and Supplementary Data, Note 12 Income Taxes of this Annual Report. Changes in taxation as well as the inherent difficulty in quantifying potential tax effects of business decisions could have a material adverse effect on the results of our operations, financial condition, or cash flows. We make judgments regarding the utilization of existing income tax credits and the potential tax effects of various financial transactions and results of operations to estimate our obligations to taxing authorities. Tax obligations include income, franchise, real estate, sales and use and employment-related taxes. These judgments include reserves for potential adverse outcomes regarding tax positions that have been taken. Changes in federal, state, or local tax laws, adverse tax audit results, or adverse tax rulings on positions taken could have a material adverse effect on the results of our operations, financial condition or cash flow. If the IRS makes audit adjustments to the Partnership’s income tax returns for 2018 or 2019 tax years, it (and some states) may assess and collect any taxes (including any applicable penalties and interest) resulting from such audit adjustment directly from us, in which case our financial condition could be adversely affected. Pursuant to the Bipartisan Budget Act of 2015, for our 2018 and 2019 tax years, if the IRS makes audit adjustments to the Partnership’s income tax returns, it (and some states) may assess and collect any taxes (including any applicable penalties and interest) resulting from such audit adjustment directly from us. To the extent possible under the new rules, we may elect to either pay the taxes (including any applicable penalties and interest) directly to the IRS or, if we are eligible, issue a revised Schedule K-1 to each holder of the Partnership’s common units during the applicable year with respect to an unaudited and adjusted return. Although we may elect to have such unitholders take such audit adjustment into account in accordance with their interests in the Partnership during the tax year under audit, there can be no assurance the election will be practical, permissible or effective in all circumstances. As a result, StoneMor Inc. may be required to pay the necessary taxes, which would mean that our current stockholders may indirectly bear some or all of the impact of the tax liability resulting from such audit adjustment, even if they did not own units in us during the tax year under audit. If, as a result of any such audit adjustment, we are required to make payments of taxes, penalties and/or interest, our financial condition could be adversely affected. These rules were not applicable for tax years beginning on or prior to December 31, 2017. RISKS RELATED TO OUR INDUSTRY The cemetery and funeral home industry continues to be competitive, and if we are not able to respond effectively to changing consumer preferences, our market share, revenues and profitability could decrease. Our ability to compete successfully depends on our management’s forward vision, timely responses to changes in the business environment and the ability of our cemeteries and funeral homes to maintain a good reputation and high professional standards as well as offer products and services at competitive prices. If we are unable to compete successfully, our financial condition, results of operations and cash flows could be materially adversely affected. We experience price competition from independent funeral service location and cemetery operators, monument dealers, casket retailers, low-cost funeral providers and other nontraditional providers of merchandise and services. New market entrants tend to attempt to build market share by offering lower cost alternatives. In the past, this price competition has resulted in our losing market share in some markets. In other markets, we have had to reduce prices or offer discounts, thereby reducing profit margins in order to retain or recapture market share. Independent competitors tend to be aggressive in distinguishing themselves by their independent ownership, and they promote their independence through television, radio and print advertising, direct mailings and personal contact. Increasing pressures from new market entrants and continued advertising and marketing by competitors in local markets could cause us to lose market share and revenue. In addition, competitors may change the types or mix of products or services offered. These changes may attract customers, causing us to lose market share 20 Table of Contents and revenue as well as to incur costs in response to this competition. Increased use of the internet by customers to research and/or purchase products and services could also have an adverse impact upon our sales and financial results. Future market share, revenues and profits will depend in part on our ability to anticipate, identify and respond to changing consumer preferences ahead of and/or better than our competitors. In addition, any strategies we may implement to address these trends may prove incorrect or ineffective. Broad-based business or economic disruptions caused by global health concerns and other crises could adversely affect our business, financial condition, profitability or cash flows. Global health concerns, such as the COVID-19 Pandemic, could result in social, economic and labor instability that adversely affect our employee and customer relationships, pre-need sales activity, the value of our trust investments and associated funding obligations, and in so doing adversely affect our business, financial condition, results of operations and cash flows. For example, governmental actions restricting public gatherings and interaction may result in our customers deferring making purchase decisions regarding pre-need arrangements or delay holding funeral services and may result in our inability to operate our cemeteries and funeral homes, which would have an adverse impact on our business, financial condition, results of operations and cash flows. In addition, our pre-need customers with installment contracts could default on their installment contracts due to lost work or other financial stresses arising from the COVID-19 Pandemic. Having to adjust our policies and practices to respond to global health concerns could also result in increased operating expenses. We continue to monitor this public health crisis and its impact on our employees, customers and vendors and the overall economic environment within the U.S. and worldwide, but we cannot presently predict the full scope and severity of the disruptions caused by the COVID-19 Pandemic on our business, financial condition, results of operations and cash flows. Because fixed costs are inherent in our business, a decrease in our revenues can have a disproportionate effect on our cash flow and profits. Our business requires us to incur many of the costs of operating and maintaining facilities, land and equipment regardless of the level of sales in any given period. For example, we must pay salaries, utilities, property taxes and maintenance costs on our cemetery properties and funeral homes regardless of the number of interments or funeral services we perform. If we cannot decrease these costs significantly or rapidly when we experience declines in sales, declines in sales can cause our margins, profits and cash flow to decline at a greater rate than the decline in our revenues. If the trend toward cremation in the U.S. continues, our revenues may decline, which could have an adverse effect on our business and financial condition. We and other death care companies that focus on traditional methods of interment face competition from the increasing number of cremations in the U.S. Industry studies1 indicate that the percentage of cremations has steadily increased. In 2018, the U.S. cremation rate was 53%, with an annual growth rate from 2013 to 2018 of 1.58%. This percentage is expected to increase to 59% by 2023. Because the products and services associated with cremations, such as niches and urns, produce lower revenues than the products and services associated with traditional interments, a continuing trend toward cremation may reduce our revenues. For the years ended December 31, 2019 and 2018, sales related to cremations represented 7% and 5%, respectively, of our total consolidated revenues. Declines in the number of deaths in our markets can cause a decrease in revenues. Declines in the number of deaths could cause at-need sales of cemetery and funeral home merchandise and services to decline and could cause a decline in the number of pre-need sales, both of which could decrease revenues. Changes in the number of deaths can vary among local markets and from quarter to quarter, and variations in the number of deaths in our markets or from quarter to quarter are not predictable. Generally, the number of deaths may fluctuate depending on weather conditions and illness. Regulation and compliance could have a material adverse impact on our financial results. Our operations are subject to regulation, supervision and licensing under numerous federal, state and local laws, ordinances and regulations, including extensive regulations concerning trusts/escrows, pre-need sales, cemetery ownership, funeral home ownership, marketing practices, crematories, environmental matters and various other aspects of our business. For example, the funeral industry is regulated at the federal level by the FTC, which requires funeral service locations to take actions designed to 1 Industry statistics were compiled by the Cremation Association of North America. 21 Table of Contents protect consumers. Our facilities are also subject to stringent health, safety, and environmental regulations. Our pay practices, including wage and hour overtime pay, are also subject to federal and state regulations. Violations of applicable laws could result in fines or sanctions against us. We may experience significant increases in costs as a result of business regulations and laws, which are beyond our control, including increases in the cost of health care. Although we seek to control increases in these costs, continued upward pressure on costs could reduce the profitability of our business. State laws impose licensing requirements and regulate pre-need sales. As such, we are subject to state trust fund and pre-need sales practice audits, which could result in audit adjustments as a result of non-compliance. In addition, we assume the liability for any audit adjustments for our acquired businesses for periods under audit prior to our ownership of these acquired businesses. These audit adjustments could have a material adverse impact on our financial condition, results of operations and cash flow. In addition, from time to time, governments and agencies propose to amend or add regulations or reinterpret existing regulations, which could increase costs and decrease cash flows. For example, foreign, federal, state, local, and other regulatory agencies have considered and may enact additional legislation or regulations that could affect the deathcare industry. These include regulations that require more liberal refund and cancellation policies for pre-need sales of products and services, limit or eliminate our ability to use surety bonding, require the escheatment of trust funds, increase trust requirements, require the deposit of funds or collateral to offset unrealized losses of trusts, and/or prohibit the common ownership of funeral service locations and cemeteries in the same market. If adopted by the regulatory authorities of the jurisdictions in which we operate, these and other possible proposals could have a material adverse effect on our financial condition, results of operations, and cash flows. Compliance with laws, regulations, industry standards, and customs concerning burial procedures and the handling and care of human remains is critical to the continued success of our business. We continually monitor and review our operations in an effort to ensure that we take the right actions necessary to remaining in compliance with these laws, regulations and standards. However, litigation and regulatory proceedings regarding these issues could have a material adverse effect on our financial condition, results of operations and cash flow. For additional information regarding the regulation of the funeral and cemetery industry, see Part I, Item 1. Business, Regulation of this Annual Report. We are subject to legal restrictions on our marketing practices that could reduce the volume of our sales, which could have an adverse effect on our business, operations and financial condition. The enactment or amendment of legislation or regulations relating to marketing activities may make it more difficult for us to sell our products and services. For example, the federal "do not call" legislation has adversely affected our ability to market our products and services using telephone solicitation, by limiting whom we may call and increasing our costs of compliance. As a result, we rely heavily on direct mail marketing and telephone follow-up with existing contacts. Additional laws or regulations limiting our ability to market through direct mail, over the telephone, through Internet and e-mail advertising or door-to-door may make it difficult to identify potential customers, which could increase our costs of marketing. Both increases in marketing costs and restrictions on our ability to market effectively could reduce our revenues and could have an adverse effect on our business, operations and financial condition, as well as our ability to make cash distributions to our stockholders. RISK FACTORS RELATED TO OWNING OUR COMMON STOCK Axar holds a majority of the voting power of our common stock. Axar Capital Management L.P. and its affiliates (collectively, “Axar”) beneficially owns more than 52% of our outstanding common stock and, as a result, has the ability to elect all of the members of our Board of Directors other than one director whose nomination and election is the subject of a separate voting agreement. In addition, it will be able to determine the outcome of all other matters requiring stockholder approval, including certain mergers and other material transactions, and will be able to cause or prevent a change in the composition of our Board of Directors or a change in control of our Company that could deprive our stockholders of an opportunity to receive a premium for their common stock as part of a sale of our Company. So long as Axar continues to own a significant amount of our outstanding shares, even if such amount is less than 50%, it will continue to be able to strongly influence all matters requiring stockholder approval, regardless of whether or not other stockholders believe that the transaction is in their own best interests. Axar’s ownership interest also makes us a “controlled company” within the meaning of the New York Stock Exchange (the “NYSE”) listing standards. Our Corporate Governance Guidelines, consistent with the listing standards applicable to companies that are not controlled companies, require that a majority of our directors and all of the members of our Compensation, Nominating and Governance Committee be independent within the meaning of those standards. However, we can amend our Corporate Governance Guidelines in our 22 Table of Contents Board’s discretion, and as a controlled company, we are not subject to the requirement that a majority of our directors and all of the members of our Compensation, Nominating and Governance Committee be independent. Economic, financial and stock market fluctuations could affect future potential earnings and cash flows and could result in future intangible asset and long-lived asset impairments. In addition to an annual review, we assess the impairment of our goodwill, intangible assets and other long-lived assets whenever events or changes in circumstances indicate that the carrying value may be greater than fair value and therefore not fully recoverable. Recoverability of these assets is measured by a comparison of the carrying amount of the assets to the future net cash flow, undiscounted and without interest, expected to be generated by the assets. Factors that could trigger an interim impairment review include, but are not limited to, a significant decline in the market value of our stock or debt values, significant under-performance relative to historical or projected future operating results, and significant negative industry or economic trends. In 2019, we determined that the continued decline of our sales during 2019 was a triggering event that warranted an impairment assessment of our definite-lived and long-lived intangible assets. Based on the results of our interim goodwill impairment assessment for the third quarter of 2019, we concluded our goodwill was fully impaired as of September 30, 2019, and recorded a loss on goodwill impairment of $24.9 million in the consolidated statement of operations for the year ended December 31, 2019. Based on the results of our impairment tests of our long-lived assets throughout 2019, we concluded certain of our long-lived assets were impaired by a total of $2.9 million during year ended December 31, 2019, which was included in Other losses, net in the consolidated statement of operations for the year ended December 31, 2019 in Part II, Item 8. Financial Statements and Supplementary Data. We do not expect to pay dividends on our common stock for the foreseeable future. Due to our continued high level of indebtedness and limited liquidity, we do not expect to pay dividends for the foreseeable future. In addition, the Indenture governing our Senior Secured Notes prohibits us from paying any dividends with limited exceptions. ITEM 1B. UNRESOLVED STAFF COMMENTS Not applicable. 23 Table of Contents ITEM 2. PROPERTIES CEMETERIES AND FUNERAL HOMES The following table summarizes the distribution of our cemetery and funeral home properties by state as of December 31, 2019 as well as the average estimated remaining sales life in years for our cemeteries based upon the number of interment spaces sold during the most recent three years: Cemeteries Funeral Homes Cemetery Net Acres Average Estimated Net Sales Life in Years Number of Interment Spaces Sold in 2019 Alabama California Colorado Delaware Florida Georgia Illinois Indiana Iowa Kansas Kentucky Maryland Michigan Mississippi Missouri New Jersey North Carolina Ohio Oregon Pennsylvania Puerto Rico Rhode Island South Carolina Tennessee Virginia Washington West Virginia Wisconsin Total 9 7 2 1 9 7 11 11 1 3 2 10 13 2 6 6 19 13 7 68 7 2 8 11 34 3 33 16 321 6 7 — — 28 — 2 5 — 2 — 1 — 1 3 — 2 2 10 8 4 — 1 4 2 — 2 — 90 305 272 12 12 278 135 438 1,013 89 84 59 716 818 44 277 341 619 627 162 5,319 209 70 395 657 1,183 33 1,404 533 16,104 204 67 433 216 101 160 57 240 479 176 139 202 337 396 279 76 189 327 260 352 97 193 312 189 246 62 617 201 243 753 1,238 32 8 861 452 1,043 863 77 242 82 1,067 823 27 376 1,076 996 603 406 8,090 593 30 290 1,148 1,737 125 650 694 24,382 We calculated estimated remaining sales life for each of our cemeteries by dividing the number of unsold interment spaces as of December 31, 2019 by the average number of interment spaces sold at that cemetery in the three most recent fiscal years. For purposes of estimating remaining sales life, we defined unsold interment spaces as unsold burial lots and unsold spaces in existing mausoleum crypts as of December 31, 2019. We defined interment spaces sold in the three most recent fiscal years as: • • • the number of burial lots sold, net of cancellations, over such period; the number of spaces sold over such period in existing mausoleum crypts, net of cancellations; and the number of spaces sold over such period in mausoleum crypts that we have not yet built, net of cancellations. We count the sale of a double-depth burial lot as the sale of two interment spaces since a double-depth burial lot includes two interment rights. For the same reason we count an unsold double-depth burial lot as two unsold interment spaces. Because our sales of cremation niches were immaterial, we did not include cremation niches in the calculation of estimated remaining sales life. When calculating estimated remaining sales life, we did not take into account any future cemetery expansion. In addition, sales of an unusually high or low number of interment spaces in a particular year affect our calculation of estimated remaining sales life. Future sales may differ from previous years’ sales, and actual remaining sales life may differ from our estimates. We calculated the average estimated remaining sales life by aggregating unsold interment spaces and interment spaces sold on a 24 Table of Contents state-by-state or company-wide basis. Based on the average number of interment spaces sold in the last three fiscal years, we estimate that our cemeteries have an aggregate average remaining sales life of 243 years. The following table shows the cemetery properties that we owned or operated as of December 31, 2019, grouped by estimated remaining sales life: 0 - 25 years 26 - 49 years 50 - 100 years 101 - 150 years 151 - 200 years Over 200 years Alabama California Colorado Delaware Florida Georgia Illinois Indiana Iowa Kansas Kentucky Maryland Michigan Mississippi Missouri New Jersey North Carolina Ohio Oregon Pennsylvania Puerto Rico Rhode Island South Carolina Tennessee Virginia Washington West Virginia Wisconsin Total — 1 — — 1 1 2 — — — — 2 — — — 2 — — — 9 — — — — 3 — 6 1 28 — 2 — — 1 — 2 — — 1 1 — — — — — 3 — — 1 — — — — 1 — — — 12 1 3 1 — 3 2 2 1 — — — — 1 — 1 1 — 1 1 6 4 1 2 2 — 3 2 2 40 4 — — — 2 — 1 3 — 1 — 2 2 — 2 3 4 2 1 6 2 — 1 2 6 — 1 1 46 2 — — — 1 2 1 1 — — — 1 3 — — — 1 1 — — — — — — 2 — 1 1 17 2 1 1 1 1 2 3 6 1 1 1 5 7 2 3 — 11 9 5 46 1 1 5 7 22 — 23 11 178 We believe that we have either satisfactory title to or valid rights to use all of our cemetery properties. The 30 cemetery properties that we manage or operate under long-term lease, operating or management agreements have nonprofit owners. We believe that these cemeteries have either satisfactory title to or valid rights to use these cemetery properties and that we have valid rights to use these properties under the long-term agreements. Although title to the cemetery properties is subject to encumbrances, such as liens for taxes, encumbrances securing payment obligations, easements, restrictions and immaterial encumbrances, we do not believe that any of these burdens should materially detract from the value of these properties or from our interest in these properties nor should these burdens materially interfere with the use of our cemetery properties in the operation of our business as described above. Many of our cemetery properties are located in zoned regions, and we believe that cemetery use is permitted for those cemeteries: (i) as expressly permitted under applicable zoning ordinances; (ii) through a special exception to applicable zoning designations; or (iii) as an existing non-conforming use. OTHER Our home office is located in a 57,000 square foot leased space in Trevose, Pennsylvania, with a lease that expires in 2028, with certain contractual renewal options. We are also tenants under various leases covering office spaces other than our corporate headquarters. 25 Table of Contents ITEM 3. LEGAL PROCEEDINGS For information regarding our significant pending administrative and judicial proceedings involving regulatory, operating, transactional, environmental, and other matters, see Part II, Item 8. Financial Statements and Supplementary Data—Notes to the Consolidated Financial Statements—Note 15 Commitments and Contingencies. We and certain of our subsidiaries are parties to legal proceedings that have arisen in the ordinary course of business. We do not expect such matters to have a material adverse effect on our consolidated financial position, results of operations or cash flows. We carry insurance with coverage and coverage limits that we believe to be customary in the cemetery and funeral home industry. Although there can be no assurance that such insurance will be sufficient to protect us against such contingencies, we believe that our insurance protection is reasonable in view of the nature and scope of our operations. ITEM 4. MINE SAFETY DISCLOSURES Not applicable. 26 Table of Contents PART II ITEM 5. MARKET FOR THE REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES MARKET INFORMATION Our common stock is listed on the NYSE under the symbol "STON". HOLDERS As of March 25, 2020, there were approximately 11 holders of record of our common stock. The number of record holders does not include persons who held our common stock in nominee or “street name” accounts through brokers. PERFORMANCE GRAPH As a smaller reporting company, we have elected not to provide the performance graph otherwise required by this Item. RECENT SALES OF UNREGISTERED SECURITIES; USE OF PROCEEDS FROM REGISTERED SECURITIES Purchases of Equity Securities Issuer Purchases of Equity Securities Period (a) Total Number of Units Purchased(1) (b) Average Price Paid per Unit(2) (c) Total Number of Units Purchased as Part of Publicly Announced Plans or Programs (d) Maximum Number (or Approximate Dollar Value) of Units that May Yet Be Purchased Under the Plans or Programs April 1, 2019 - April 25, 2019 May 1, 2019 June 1, 2019 July 1, 2019 - July 18, 2019 August 1, 2019 September 1, 2019 October 1, 2019 - October 18, 2019 Total 18,265 167 167 17,438 376,518 167 16,081 428,803 $ $ 3.91 3.90 2.40 1.97 1.80 1.10 1.14 1.87 — — — — — — — — $ $ — — — — — — — — (1) (2) All of these units represent units that were withheld upon the vesting of awards under the StoneMor 2019 Amended and Restated Long-Term Incentive Plan (the “2019 Plan”) to satisfy certain tax obligations of the recipients of such awards arising from the vesting thereof and thus may be deemed to have been repurchased by the Company. The value of the units withheld was the closing price of the Company’s common units on the last trading day before the date on which such units were withheld. ITEM 6. SELECTED FINANCIAL DATA As a smaller reporting company, we have elected not to provide the disclosure otherwise required under this Item. 27 Table of Contents ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Management’s discussion and analysis presented below provides information to assist in understanding the Company’s financial condition and results of operations and should be read in conjunction with the Company’s consolidated financial statements included in Part II, Item 8. Financial Statements and Supplementary Data of this Annual Report. Certain statements contained in this Annual Report, including, but not limited to, information regarding our operating activities, the plans and objectives of our management and assumptions regarding our future performance and plans are forward-looking statements. When used in this Annual Report, the words “believes,” “anticipates,” “expects” and similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on management’s expectations and estimates. These statements are neither promises nor guarantees and are made subject to certain risks and uncertainties that could cause actual results to differ materially from the results stated or implied in this Annual Report. We believe the assumptions underlying the consolidated financial statements are reasonable. Our risks and uncertainties are more particularly described in Part I, Item 1A. Risk Factors of this Annual Report. You should not place undue reliance on forward-looking statements included in this Annual Report, which speak only as of the date the statements were made. Except as required by applicable laws, we undertake no obligation to update or revise forward-looking statements, whether as a result of new information, future events or otherwise. BUSINESS OVERVIEW We are one of the leading providers of funeral and cemetery products and services in the death care industry in the United States (“U.S.”). As of December 31, 2019, we operated 321 cemeteries in 27 states and Puerto Rico, of which 291 were owned and 30 were operated under leases, operating agreements or management agreements. We also owned, operated or managed 90 funeral homes in 17 states and Puerto Rico. On December 31, 2019, we consummated the C-Corporation Conversion for the purpose of transitioning the Partnership and its affiliates from a master limited partnership structure to a corporate form. See Part II. Item 8. Financial Statements and Supplementary Data—Notes to the Consolidated Financial Statements—Note 1 General of this Annual Report for further information related to the C-Corporation Conversion. Our revenue is derived from our Cemetery Operations and Funeral Home Operations segments. Our Cemetery Operations segment principally generates revenue from sales of interment rights, cemetery merchandise, which includes markers, bases, vaults, caskets and cremation niches and our cemetery services, which include opening and closing (“O&C”) services, cremation services and fees for the installation of cemetery merchandise. Our Funeral Home Operations segment principally generates revenue from sales of funeral home merchandise, which includes caskets and other funeral related items and service revenues, which include services such as family consultation, the removal of and preparation of remains and the use of funeral home facilities for visitation and prayer services. These sales occur both at the time of death, which we refer to as at-need, and prior to the time of death, which we refer to as pre-need. Our Funeral Home Operations segment also include revenues related to the sale of term and whole life insurance on an agency basis, in which we earn a commission from the sales of these insurance policies. The pre-need sales enhance our financial position by providing a backlog of future revenue from both trust and insurance-funded pre-need funeral and cemetery sales. We believe pre-need sales add to the stability and predictability of our revenues and cash flows. Pre- need sales are typically sold on an installment plan. While revenue on the majority of pre-need funeral sales is deferred until the time of need, sales of pre-need cemetery property interment rights provide opportunities for full current revenue recognition when the property is available for use by the customer. We also earn investment income on certain payments received from customers on pre-need contracts, which are required by law to be deposited into the merchandise and service trusts. Amounts are withdrawn from the merchandise and service trusts when we fulfill the performance obligations. Earnings on these trust funds, which are specifically identifiable for each performance obligation, are also included in the total transaction price. For sales of interment rights, a portion of the cash proceeds received are required to be deposited into a perpetual care trust. While the principal balance of the perpetual care trust must remain in the trust in perpetuity, we recognize investment income on such assets as revenue, excluding realized gains and losses from the sale of trust assets. Pre-need contracts are subject to financing arrangements on an installment basis, with a contractual term not to exceed 60 months. Interest income is recognized utilizing the effective interest method. For those contracts that do not bear a market rate of interest, we impute such interest based upon the prime rate at the time of origination plus 150 basis points in order to segregate the principal and interest components of the total contract value. 28 Table of Contents Our revenue depends upon the demand for funeral and cemetery services and merchandise, which can be influenced by a variety of factors, some of which are beyond our control including demographic trends, such as population growth, average age, death rates and number of deaths. Our operating results and cash flows could also be influenced by our ability to remain relevant to the customers. We provide a variety of unique product and service offerings to meet the needs of our customers’ families. The mix of services could influence operating results, as it influences the average revenue per contract. Expense management, which includes controlling salaries, merchandise costs, corporate overhead and other expense categories, could also impact operating results and cash flows. Lastly, economic conditions, legislative and regulatory changes and tax law changes, all of which are beyond our control, could impact our operating results and cash flows. For further discussion of our key operating metrics, see our Results of Operations and Liquidity and Capital Resources sections below. RECENT EVENTS The following are key events and transactions that have occurred since January 1, 2019 that were material to us and/or facilitate an understanding of our consolidated financial statements contained in Part II, Item 8. Financial Statements and Supplementary Data of this Annual Report: • • • • COVID-19 Pandemic. See the following section “General Trends and Outlook” of Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations for discussion on the impact we have seen on our business as a result of the COVID-19 Pandemic; Divestitures. On January 3, 2020, we consummated the Oakmont Sale with Carriage Funeral Holdings, Inc. for an aggregate cash purchase price of $33.0 million. The divested assets consisted of one cemetery, one funeral home and certain related assets. In March 2020, we entered into the Olivet Agreement with Cypress Lawn Cemetery Association to sell substantially all of the assets of the cemetery, funeral establishment and crematory commonly known as Olivet Memorial Park, Olivet Funeral and Cremation Services and Olivet Memorial Park & Crematory for a net cash purchase price of $24.3 million, subject to certain adjustments. In addition, in March 2020, we entered into the California Agreement with certain entities owned by John Yeatman and Guy Saxton to sell substantially all of our remaining California properties, consisting of five cemeteries, six funeral establishments and four crematories for a cash purchase price of $7.1 million, subject to certain closing adjustments. In January 2020, we redeemed an aggregate $30.4 million of principal on the Senior Secured Notes, primarily using the net proceeds from the Oakmont Sale. Per the Indenture, we anticipate using the first $23.7 million of net proceeds and 80% of the remaining net proceeds from the Olivet Sale along with 80% of the net proceeds from the Remaining California Sale to redeem additional portions of the outstanding Senior Secured Notes; Amendments to Indenture and Capital Raise in 2020. On April 1, 2020, the Partnership, Cornerstone Family Services of West Virginia Subsidiary, Inc. and Wilmington Trust, National Association, as trustee, entered into the Supplemental Indenture. Pursuant to the terms of the Supplemental Indenture, several financial covenants were amended. The amendments effected by the Supplemental Indenture will become operational when we pay a $5 million consent fee to the holders of the Senior Secured Notes, of which $3.5 million will be paid in cash and $1.5 million will be paid by increasing the principal amount of the Senior Secured Notes outstanding, and satisfy other specified conditions. Concurrently with the execution of the Supplemental Indenture, we entered the Axar Commitment pursuant to which Axar committed to (a) purchase shares of our Series A Preferred Stock with an aggregate purchase price of $8.8 million on April 3, 2020, (b) exercise its basic rights in the rights offering by tendering the shares of Series A Preferred Stock so purchased for shares of Common Stock and (c) purchase any shares offered in the rights offering for which other stockholders do not exercise their rights, up to a maximum of an additional $8.2 million of such shares. We did not pay Axar any commitment, backstop or other fees in connection with the Axar Commitment. As contemplated by the Axar Commitment, on April 3, 2020, we sold an aggregate of 176 shares of our Series A Preferred Stock to the 2020 Purchasers for an aggregate purchase price of $8.8 million. Under the terms of the Supplemental Indenture and the Axar Commitment, we agreed to undertake an offering to holders of our Common Stock of transferable rights to purchase their pro rata share of shares of Common Stock with an aggregate exercise price of at least $17 million at a price of $0.73 per share. The rights offering period, during which the rights will be transferable, will be no less than 20 calendar days and no more than 45 calendar days. We agreed to use our best efforts to complete the rights offering with an expiration date no later than July 24, 2020. For further details, see Part II. Item 8. Financial Statements and Supplementary Data—Notes to the Consolidated Financial Statements—Note 26 Subsequent Events of this Annual Report; Reduction in Workforce. On January 31, 2019, we announced a profit improvement initiative as part of our ongoing organizational review. This profit improvement initiative is intended to further integrate, streamline and optimize our operations. As part of this profit improvement initiative, during 2019 we undertook certain cost reduction initiatives, 29 Table of Contents • • • • • which included a reduction of approximately 200 positions of our workforce within our field operations and corporate functions in our headquarters located in Trevose, Pennsylvania; Recapitalization Transactions in 2019. On June 27, 2019, we closed a $447.5 million recapitalization transaction, consisting of (i) the sale of an aggregate of 52,083,333 of the Partnership’s Series A Preferred Units representing limited partner interests in the Partnership at a purchase price of $1.1040 per Preferred Unit, reflecting an 8% discount to the liquidation preference of each Preferred Unit, for an aggregate purchase price of $57.5 million and (ii) a concurrent private placement of the Senior Secured Notes to certain financial institutions. The net proceeds of the Recapitalization Transactions were used to fully repay our outstanding senior notes due in June 2021 and retire the revolving credit facility due in May 2020, as well as for associated transaction expenses, cash collateralization of existing letters of credit and other needs under the former credit facility, with the balance available for general corporate purposes; Board Reconstitution. In connection with the closing of the Recapitalization Transactions, our Board of Directors was reconstituted. Directors Martin R. Lautman, Ph.D., Leo J. Pound, Robert A Sick and Fenton R. Talbott resigned as directors and the authorized number of directors was reduced to seven. Andrew Axelrod, David Miller and Spencer Goldenberg were elected to fill the vacancies created by the resignations. The reconstituted board is comprised of Messrs. Axelrod, Miller and Goldenberg, Robert B. Hellman, Jr., Stephen Negrotti, Patricia Wellenbach and Joseph M. Redling. Mr. Axelrod serves as the chairman of the board; Changes in Executive Management. On April 15, 2019, Garry P. Herdler became our Senior Vice President and Chief Financial Officer, replacing Mark Miller. On September 19, 2019, ₋ ₋ ₋ Jeffrey DiGiovanni became our Senior Vice President and Chief Financial Officer, replacing Garry P. Herdler. With Mr. DiGiovanni’s promotion, the roles of Chief Accounting Officer and Chief Financial Officer were combined; Jim Ford resigned from the Company, and the role of Chief Operating Officer was eliminated; and Tom Connolly became our Senior Vice President of Business Planning and Operations; C-Corporation Conversion. On December 31, 2019, we completed the C-Corporation Conversion; and Lease Accounting Standard. Effective January 1, 2019, we adopted the new lease accounting standard as further discussed in Part II. Item 8. Financial Statements and Supplementary Data—Notes to the Consolidated Financial Statements—Note 1 General of this Annual Report which resulted in an increase in other assets of $15.3 million and increases of $2.2 million and $13.1 million in accounts payable and accrued liabilities and other long-term liabilities, respectively, in the consolidated balance sheet. The adoption did not have a material impact on our results of operations or cash flows. GENERAL TRENDS AND OUTLOOK We expect our business to be affected by key trends in the death care industry, based upon assumptions made by us and information currently available. Death care industry factors affecting our financial position and results of operations include, but are not limited to, death rates, per capita disposable income, demographic trends in terms of number of adults aged 65 and older, cremation rates and trends and e-commerce sales. The number of deaths which is related to the age structure of the population, mortality rates, disease prevalence, natural disasters, sudden accidents, suicides and other causes drives industry revenue. With the aging of the U.S. population, the number of deaths is expected to increase over the next few years. Per the report by Max Roser titled, Future Population Growth, projected deaths per year in the U.S. are expected to increase by 12% from 2019 to 2028. 30 Table of Contents Source: Max Roser (2020) - "Future Population Growth". Published online at OurWorldInData.org. Retrieved from: 'https://ourworldindata.org/future-population-growth' [Online Resource] Number of births and deaths per year, United States The growth of per capita disposable income is positively correlated with industry performance, as with higher per capita income, consumers are more likely to choose full-service traditional funerals over cremation and purchase additional expensive merchandise and services. The proportion of the population aged 65 and older is a positive indicator of demand for cemetery services, as this age segment of the population accounts for the majority of all deaths and are most likely to purchase pre-need services and merchandise. Per the report published by IBISWorld in June 2019 titled, IBISWorld Industry Report 81221: Funeral Homes in the US, individuals aged 65 and older are projected to account for 73.9% of market demand in the funeral operations industry in 2019. Per the report published by IBISWorld in April 2019 titled, IBISWorld Industry Report 81222: Cemetery Services in the US, individuals aged 55 and older are projected to account for 86.3% of market demand in the cemetery services industry in 2019. 31 Table of Contents Major Market Segmentation by Age (2019) Funeral Homes Industry (U.S.) Cemetery Operations Industry (U.S.) Cremations typically cost significantly less than traditional burial services and bring in significantly less revenue and profit for cemeteries and funeral homes. The rising demand for cremations due to cost considerations, increased mobility of the population, environmental reasons, religious considerations and changing consumer preferences present a potential threat to the cemetery services and funeral homes industries. Per the National Funeral Directors Association’s 2019 Cremation & Burial Report, the cremation rate within the U.S. began to exceed the burial rate within the U.S. around the year 2015, and is expected to be over 60% by the year 2025. Rates of Burial and Cremation Source: 2019 NFDA Cremation & Burial Report Funeral homes have traditionally benefited from limited competition for industry products, such as caskets and urns; however, online retailers are beginning to encroach on this market sector by offering these products to consumers at more cost-effective prices. 32 Table of Contents In addition, we are subject to fluctuations in the fair value of equity and fixed-maturity debt securities held in our trusts. These values can be negatively impacted by contractions in the credit market and overall downturns in economic activity. Our ability to make payments on our debt depends on our success at managing operations with respect to these industry trends. To the extent our underlying assumptions about or interpretations of available information prove to be incorrect, our actual results may vary materially from our expected results. COVID-19 Pandemic The outbreak of COVID-19 in Wuhan, China in December 2019 has since reached pandemic proportions, posing a significant threat to the health and economic wellbeing of our employees, customers and vendors. Currently, our operations have been deemed essential by the state and local governments in which we operate, with the exception of Puerto Rico, and we are actively working with federal, state and local government officials to ensure that we continue to satisfy their requirements for offering our essential services The operation of all of our facilities is critically dependent on the employees who staff these locations. To ensure the wellbeing of our employees and their families, we have provided all of our employees with detailed health and safety literature on COVID-19, such as the CDC’s industry-specific guidelines for working with the deceased who were and may have been infected with COVID-19. In addition, our procurement and safety teams have updated and developed new safety-oriented guidelines to support daily field operations and provided personal protection equipment to those employees whose positions necessitate them, and we have implemented work from home policies at our corporate office consistent with CDC guidance to reduce the risks of exposure to COVID-19 while still supporting the families that we serve. Our marketing and sales team has quickly responded to the sales challenges presented by the COVID-19 Pandemic by implementing virtual meeting options using a variety of web-based tools to ensure that we can continue to connect with and meet our customers’ needs in a safe, effective and productive manner. Some of our locations have also started providing live video streaming of their funeral and burial services to our customers, so that family and friends can connect virtually during their time of grief. Like most businesses world-wide, the COVID-19 Pandemic has impacted us financially; however, we cannot presently predict the scope and severity with which COVID-19 will impact our business, financial condition, results of operations and cash flows. As recently as early March 2020, we were experiencing sales growth for the first quarter of 2020, as compared to the first quarter of 2019. However, over the last two weeks, we have seen our pre-need sales activity decline as Americans practice social distancing. In addition, our pre- need customers with installment contracts could default on their installment contracts due to lost work or other financial stresses arising from the COVID-19 Pandemic. While we expect our pre-need sales to be challenged during the COVID 19 Pandemic, we believe the implementation of our virtual meeting tools is one of several key steps to mitigate this disruption. In addition, we expect that throughout this disruption our cemeteries and funeral homes will remain open and available to serve our families in all the locations in which we operate to the extent permitted by local authorities, with the exception of Puerto Rico. Business Strategies We believe the Recapitalization Transactions demonstrate both strong underlying values of our asset base as well as confidence in our ability to execute our turnaround plan. We believe the recapitalization of our balance sheet has reset our financial footing and helps position us to execute the following business strategies: • • • Execute on Financial Strategy. The Recapitalization Transactions have significantly extended our debt capital structure with a five-year maturity, which provides us with a meaningful liquidity improvement to execute our turnaround strategy, including the next phase of our performance improvement plans. In April 2019, we announced a turnaround strategy focused on four key goals: cash flow and liquidity, capital structure, strategic balance sheet/portfolio review, and performance improvement from cost reductions and revenue enhancement; Implementation of New Strategic Initiatives. We view our substantial and diverse asset base as a strength, but we have prioritized the ways in which we view our assets. We believe that by tiering operating units by class and contribution, initiating a divestiture plan for select assets and prioritizing certain assets over others, we will be able to optimize results in our top tier properties and more efficiently manage our assets. From a portfolio review perspective, we continue to focus our resources on improving our “top tier” assets as we believe they possess the greatest potential for improved profitability. We are also minimizing costs and resources on our “lower-tier” assets to reduce the impact these assets have on profitability of the portfolio; and Improve Operating Efficiencies. We believe we have identified significant expense reduction opportunities in the next phase of this operational turnaround strategy with additional “4-wall level” operational savings, identified projects and industry benchmarking. In addition, we are focused on improving performance through cost reductions 33 Table of Contents and revenue enhancement and executing on other long and short-term turnaround strategies that will allow us to meet our primary objectives on a continuing basis. The next phase of cost reduction and operational performance improvement opportunities have now been identified with a focus on prioritizing identified opportunities in procurement, sourcing, product hierarchy, field labor efficiencies, shared services and outsourcing. We believe that the execution of these initiatives will result in improved profitability and cash flow across the asset base. In terms of revenue enhancements, we believe we have identified the primary drivers of our sales productivity and pre-need sales issues and, while it is in the early stages, we remain focused on improving retention of sales personnel and optimizing staffing levels across our asset base. RESULTS OF OPERATIONS We have two distinct reportable segments, Cemetery Operations and Funeral Home Operations, which are supported by corporate costs and expenses. Cemetery Operations Overview We are currently one of the largest owners and operators of cemeteries in the United States of America. As of December 31, 2019, we operated 321 cemeteries in 27 states and Puerto Rico. We own 291 of these cemeteries, and we manage or operate the remaining 30 under leases, operating agreements or management agreements. Revenues from our Cemetery Operations segment accounted for approximately 82% and 83% of our total revenues during the years ended December 31, 2019 and 2018, respectively. Year Ended December 31, 2019 Compared to Year Ended December 31, 2018 The following table presents operating results for our Cemetery Operations segment for the years ended December 31, 2019 and 2018 (in thousands): Interments Merchandise Services Interest income Investment and other Total revenues Cost of goods sold Cemetery expense Selling expense General and administrative expense Depreciation and amortization Total costs and expenses Segment operating profit 2019 2018 $ % Year Ended December 31, Variance 67,425 64,476 65,494 8,280 32,212 237,887 40,174 74,339 59,347 44,231 7,420 225,511 12,376 $ $ 76,902 75,412 67,278 8,995 33,348 261,935 54,647 78,708 62,538 43,081 8,037 247,011 14,924 $ $ (9,477) (10,936) (1,784) (715) (1,136) (24,048) (14,473) (4,369) (3,191) 1,150 (617) (21,500) (2,548) (12%) (15%) (3%) (8%) (3%) (9%) (26%) (6%) (5%) 3% (8%) (9%) (17%) $ $ 34 Table of Contents The following table presents supplemental operating data for the years ended December 31, 2019 and 2018: SUPPLEMENTAL DATA: Interments performed Net interment rights sold (1) Lots Mausoleum crypts (including pre-construction) Niches Total net interment rights sold (1) Cemetery contracts written Number of pre-need cemetery contracts written Number of at-need cemetery contracts written Number of cemetery contracts written ______________________________ (1) Net of cancellations. Sales of double-depth burial lots are counted as two sales. 2019 2018 # % Year Ended December 31, Variance 52,010 23,074 1,210 1,679 25,963 35,401 53,999 89,400 54,773 27,044 1,334 1,685 30,063 39,989 57,664 97,653 (2,763) (3,970) (124) (6) (4,100) (4,588) (3,665) (8,253) (5%) (15%) (9%) (0%) (14%) (11%) (6%) (8%) Cemetery interments revenues were $67.4 million for the year ended December 31, 2019, a decrease of $9.5 million and 12% from $76.9 million for the year ended December 31, 2018. The change was due to decreases in the pre-need sales of lots of $3.9 million, lawn crypts of $2.7 million and mausoleums of $2.6 million. These decreases were partially offset by a net increase in at-need interment revenues of $0.9 million, a decrease in cancellations of $0.9 million primarily related to the decrease in interment revenues and a net increase in various other pre-need revenues of $0.2 million. These changes were combined with a decrease of $2.3 million due to further refinement of our process for recording revenues in accordance with Accounting Standard Codification (“ASC”) 606, Revenue from Contracts with Customers (“ASC 606”). Cemetery merchandise revenues were $64.5 million for the year ended December 31, 2019, a decrease of $10.9 million and 15% from $75.4 million for the year ended December 31, 2018. The change was primarily due to a decrease in pre-need revenues from markers and bases of $7.7 million, a decline in contracts serviced that were acquired through acquisitions in prior years of $2.1 million, a net decrease in at-need merchandise revenues of $0.3 million and a net decrease in various other pre-need merchandise revenues of $0.1 million. These decreases were partially offset by a decrease in cancellations of $0.7 million primarily related to the decrease in merchandise revenues. These changes were combined with a decrease of $1.4 million due to further refinement of our process for recording revenues in accordance with ASC 606. Cemetery services revenues were $65.5 million for the year ended December 31, 2019, a decrease of $1.8 million and 3% from $67.3 million for the year ended December 31, 2018. The change was due to a decrease in at-need opening and closing revenues of $0.9 million, a decline in contracts serviced that were acquired through acquisitions in prior years of $0.5 million and a decrease in pre-need marker installations of $0.4 million. These decreases were partially offset by a net increase in various other pre-need and at-need service revenues of $0.8 million and a decrease in cancellations of $0.2 million primarily related to the decrease in service revenues. These changes were combined with a decrease of $1.0 million due to further refinement of our process for recording revenues in accordance with ASC 606. Interest income was $8.3 million for the year ended December 31, 2019, a decrease of $0.7 million and 8% from $9.0 million for the year ended December 31, 2018. The change was primarily due to a decrease in accounts receivable outstanding driven by the accelerated collection of pre-need receivables. Investment and other income was $32.2 million for the year ended December 31, 2019, a decrease of $1.1 million and 3% from $33.3 million for the year ended December 31, 2018. The change was due to a decrease in land sales of $0.5 million combined with a net decrease of $1.5 million in various other sources of other income, partially offset by an increase in investment income of $0.9 million. Cost of goods sold was $40.2 million for the year ended December 31, 2019, a decrease of $14.5 million and 26% from $54.6 million for the year ended December 31, 2018. The change was due to a decrease of $4.7 million related to lower revenue activity and a $6.9 million decrease in costs primarily related to markers, the servicing of contacts acquired through acquisition, vaults and lots. These decreases were combined with $2.9 million of vault inventory adjustments and impairments that were recorded in the first and fourth quarters of 2018, but which did not recur in 2019. Cemetery expenses were $74.3 million for the year ended December 31, 2019, a decrease of $4.4 million and 6% from $78.7 million for the year ended December 31, 2018. The change was primarily due to a decrease in payroll and related taxes of $3.6 35 Table of Contents million resulting from a reduction in force in 2019 and the implementation of a general manager operating model, gains on insurance recoveries received of $1.1 million and a decrease in real estate taxes of $1.0 million resulting from the reassessment of certain properties under management in the prior year that did not recur in the current year. Partially offsetting these decreases was an increase in repairs and maintenance of $1.0 million and a net increase in various other cemetery expenses of $0.3 million. Selling expenses were $59.3 million for the year ended December 31, 2019, a decrease of $3.2 million and 5% from $62.5 million for the year ended December 31, 2018. The change was due to a decrease in payroll and related taxes of $5.4 million, resulting primarily from a decrease in contracts written during the current year, which resulted in reduced sales incentive compensation and the elimination of an annual sales trip bonus. This was combined with a net decrease of $0.5 million in various other expenses. These decreases were partially offset by an increase in marketing and advertising expense of $2.7 million. General and administrative expenses were $44.2 million for the year ended December 31, 2019, an increase of $1.2 million and 3% from $43.1 million for the year ended December 31, 2018. The change was due to an increase in payroll and related taxes of $4.1 million primarily associated with the implementation of a general manager operating model, combined with an increase in the cost of surety bonds of $0.7 million. These increases were partially offset by decreases in non-general manager related payroll of $0.9 million resulting from a reduction in force in 2019, legal fees of $0.8 million, employee benefits of $0.4 million and a net decrease in various other expenses of $1.5 million. Depreciation and amortization expenses were $7.4 million for the year ended December 31, 2019, a decrease of $0.6 million and 8% from $8.0 million for the year ended December 31, 2018. The change was due to routine depreciation and amortization of the associated asset base. Funeral Home Operations Overview As of December 31, 2019, we owned, operated or managed 90 funeral homes located in 17 states and Puerto Rico. Revenues from Funeral Home Operations accounted for approximately 18% and 17% of our total revenues during the years ended December 31, 2019 and 2018, respectively. Year Ended December 31, 2019 Compared to Year Ended December 31, 2018 The following table presents operating results for our Funeral Home Operations for the years ended December 31, 2019 and 2018 (in thousands): Merchandise Services Total revenues Merchandise Services Depreciation and amortization Other Total expenses Segment operating profit 2019 2018 $ % Year Ended December 31, Variance $ $ 23,774 27,861 51,635 7,013 21,659 2,376 14,643 45,691 5,944 $ $ 25,652 28,539 54,191 6,579 22,159 2,744 15,787 47,269 6,922 $ $ (1,878) (678) (2,556) 434 (500) (368) (1,144) (1,578) (978) (7%) (2%) (5%) 7% (2%) (13%) (7%) (3%) (14%) Funeral home merchandise revenues were $23.8 million for the year ended December 31, 2019, a decrease of $1.9 million and 7% from $25.7 million for the year ended December 31, 2018. The change was due to a $1.0 million decrease in revenues from pre-need contracts that matured during the current year, a $0.5 million decrease in at-need casket sales and a net decrease in various other merchandise revenues of $0.4 million. Funeral home services revenues were $27.9 million for the year ended December 31, 2019, a decrease of $0.7 million and 2% from $28.5 million for the year ended December 31, 2018. The change was due to a $0.7 million decrease related to a reduction in at-need services during the current year and a net decrease in various other funeral home service revenues of $0.3 million. Partially offsetting these decreases was increased revenue from pre-need contracts that matured during the current year of $0.3 million. 36 Table of Contents Funeral home expenses were $45.7 million for the year ended December 31, 2019, a decrease of $1.6 million and 3% from $47.3 million for the year ended December 31, 2018. The change was due to savings of $1.9 million achieved with the elimination of the insurance sales group and a decrease in payroll and related costs of $0.8 million. Partially offsetting these decreases was an increase in casket costs of $0.8 million and a net increase in various other expenses of $0.3 million. Corporate Operating Results Year Ended December 31, 2019 Compared to Year Ended December 31, 2018 Corporate Overhead The following table summarizes our corporate overhead by expense category for the years ended December 31, 2019 and 2018 (in thousands): Corporate overhead Non-recurring adjustments Severance C-Corporation Conversion fees Other professional fees Total non-recurring adjustments Corporate overhead, adjusted 2019 2018 $ % Year Ended December 31, Variance $ $ 51,107 $ 53,281 $ 1,459 2,378 5,641 9,478 41,629 $ 1,792 2,158 6,903 10,853 42,428 $ (2,174) (333) 220 (1,262) (1,375) (799) (4%) (19%) 10% (18%) (13%) (2%) Corporate overhead expense was $51.1 million for the year ended December 31, 2019, a decrease of $2.2 million and 4% from $53.3 million for the year ended December 31, 2018. The change was due to the following: • • • • • • • Other Losses, Net savings in payroll and payroll-related benefits of $2.5 million resulting primarily from a reduction in workforce in 2019; a decrease of $2.0 million in various other expenses, primarily driven by reductions in telecom, recruiting and employee benefits provider fees; a decrease in accounting fees of $0.9 million primarily related to nonrecurring costs incurred in 2018 associated with the implementation of ASC 606 and nonrecurring accounting-related consulting fees and internal audit fees associated with our delayed 2018 periodic filings and material weakness identified in 2018; an increase of $0.3 million in severance and bonus expenses; an increase in legal fees and legal settlements of $0.7 million; an increase in stock compensation expense of $1.1 million; and an increase of $1.1 million in other professional fees primarily resulting from financial advisory and consulting fees, partially offset by nonrecurring fees paid to an interim executive in 2018. Other losses, net were $8.1 million for the year ended December 31, 2019, a decrease of $3.4 million and 30% from $11.5 million for the year ended December 31, 2018. Other losses, net for the year ended December 31, 2019 consisted of a $2.8 million impairment of cemetery property, a $2.6 million impairment charge related to damaged and excess inventory and damaged allocated merchandise, a $2.1 million loss on the termination of a management agreement and $0.6 million related to other loss events. Other losses, net for the year ended December 31, 2018 consisted of $9.7 million of impairment charges related to damaged and excess inventory and damaged allocated merchandise and $2.8 million impairment of cemetery property, partially offset by gains of $1.0 million from the termination of a management agreement and sales of certain funeral homes and unused buildings. Interest Expense Interest expense was $48.5 million for the year ended December 31, 2019, an increase of $17.9 million and 59% from $30.6 million for the year ended December 31, 2018. The change was primarily due to the following: 37 Table of Contents • • • an increase of $17.2 million related to a higher interest rate and principal on our Senior Secured Notes compared to the interest rate and principal under our prior revolving credit facility and senior notes; an increase of $3.4 million due to the write-off and amortization of deferred financing fees in connection with our Recapitalization Transactions; and a decrease of $2.7 million resulting from the payoff of the revolving credit facility in the second quarter of 2019. Loss on Debt Extinguishment Loss on debt extinguishment was $8.5 million for the year ended December 31, 2019. This related to the write-off of deferred financing fees of $6.9 million and original issue discounts of $1.6 million associated with the refinancing of the senior notes and revolving credit facilities. For the year ended December 31, 2018, there was no loss on debt extinguishment. Loss on Goodwill Impairment We recorded a loss on goodwill impairment of $24.9 million related to our Cemetery Operations reporting unit for the year ended December 31, 2019. For the year ended December 31, 2018 there was no impairment of goodwill. For further information, see Part II, Item 8. Financial Statements and Supplementary Data—Notes to the Consolidated Financial Statements—Note 9 Goodwill and Intangible Assets of this Annual Report. Income Tax Expense Income tax expense was $28.2 million for the year ended December 31, 2019 compared to a $1.8 million income tax benefit for the year ended December 31, 2018. The variance was primarily due to the change in our tax status from a partnership to a C-corporation, which resulted in us recognizing deferred tax assets and liabilities created by differences in the book versus tax basis of the Partnership’s assets and liabilities. The provision for the year ended December 31, 2019 was net of the future benefit expected to be realized upon filing a consolidated federal tax return for Stonemor Inc. and its subsidiaries. The primary book versus tax basis difference was the result of our cemetery properties that for tax purposes are depreciated over the average life of the cemeteries, which range from 100 to 300 years. The benefit for the year ended December 31, 2018 was primarily driven by changes in the Tax Act, which allowed us to use post-December 31, 2017 NOLs against long life deferred tax liabilities. Our effective tax rate differs from our statutory tax rate, primarily because our legal entity structure includes different tax filing entities that are not subject to entity level income taxes. The effective rate for 2019 is not expected to continue into future tax years, because it reflected adjustments triggered by our change in tax status from a partnership to a C-corporation on December 31, 2019. Additionally, our “ownership change” for income tax purposes that was triggered by the Recapitalization Transactions in June 2019 provided us with the opportunity to reevaluate our ability to offset our NOLs and certain other deferred tax assets against future deferred tax liabilities. LIQUIDITY AND CAPITAL RESOURCES General Our primary sources of liquidity are cash generated from operations and the remaining balance of the proceeds from the sale of the Senior Secured Notes. Our primary cash requirements, in addition to normal operating expenses, are for capital expenditures, net contributions to the merchandise and perpetual care trust funds and debt service. In general, as part of our operating strategy, we expect to fund: • • • working capital deficits through available cash, including the remaining balance of the proceeds from the sale of the Senior Secured Notes, cash generated from operations and proceeds from asset sales; and expansion capital expenditures, net contributions to the merchandise and perpetual care trust funds and debt service obligations through available cash, cash generated from operations or proceeds from asset sales. Amounts contributed to the merchandise trust funds will be withdrawn at the time of the delivery of the product or service sold to which the contribution related, which will reduce the amount of additional borrowings or asset sales needed. any maintenance capital expenditures through available cash and cash flows from operating activities. While we rely heavily on our available cash and cash flows from operating activities to execute our operational strategy and meet our financial commitments and other short-term financial needs, we cannot be certain that sufficient capital will be generated through operations or be available to us to the extent required and on acceptable terms. We have experienced negative financial trends, including use of cash in operating activities, which, when considered in the aggregate, raise substantial doubt about our ability to continue as a going concern. These negative financial trends include: 38 Table of Contents • • we have continued to incur net losses for the years ended December 31, 2019 and 2018 and have an accumulated deficit and negative cash flow from operating activities as of December 31, 2019, due to an increased competitive environment, increased expenses due to the consummated C-Corporation Conversion and increases in professional fees and compliance costs; and a decline in billings coupled with the increase in professional, compliance and consulting expenses tightened our liquidity position and increased reliance on long-term financial obligations. During 2018 and 2019, we implemented (and will continue to implement) various actions to improve profitability and cash flows to fund operations. A summary of these actions is as follows: • • • sold an aggregate of 52,083,333 of the Partnership’s Preferred Units for an aggregate purchase price of $57.5 million and completed a private placement of $385.0 million of the Senior Secured Notes. The net proceeds of both transactions were used to fully repay the then-outstanding senior notes due in June 2021 and retire our revolving credit facility that was due in May 2020; continue to manage recurring operating expenses and seek to limit non-recurring operating expenses; and identify and complete sales of select assets to provide supplemental liquidity. On April 1, 2020, we entered into the Supplemental Indenture that amended three financial covenants and the premium payable upon voluntary redemption of the Senior Secured Notes in the Indenture, and we agreed to use our best efforts to effectuate an offering to holders of our Common Stock of transferable rights to purchase their pro rata share of shares of our Common Stock with an aggregate exercise price of at least $17 million at a price of $0.73 per share, as promptly as practicable with an expiration date no later than July 24, 2020 and to receive proceeds of not less than $8.2 million therefrom (in addition to the $8.8 million capital raise described next). Concurrently with the execution of the Supplemental Indenture, we entered into the Axar Commitment pursuant to which Axar committed to (a) purchase shares of our Series A Preferred Stock with an aggregate purchase price of $8.8 million on April 3, 2020, (b) exercise its basic rights in the rights offering by tendering the shares of Series A Preferred Stock so purchased for shares of our Common Stock and (c) purchase any shares offered in the rights offering for which other stockholders do not exercise their rights, up to a maximum of an additional $8.2 million of such shares. As contemplated by the Axar Commitment, on April 3, 2020, we sold an aggregate of 176 shares of our Series A Preferred Stock to the 2020 Purchasers for an aggregate purchase price of $8.8 million. There is no certainty that our actual operating performance and cash flows will not be substantially different from forecasted results, and there is no certainty we will not need amendments to the Indenture in the future. Factors that could impact the significant assumptions used by us in assessing our ability to satisfy our financial covenants include the following: • • • • • • operating performance not meeting reasonably expected forecasts; failing to generate profitable sales; investments in our trust funds experiencing significant declines due to factors outside our control; being unable to compete successfully with other cemeteries and funeral homes in our markets; the number of deaths in our markets declining; and an adverse change in the mix of funeral and cemetery revenues between burials and cremations. If our planned, implemented and not yet implemented actions are not completed or implemented and cash savings are not realized, or we fail to improve our operating performance and cash flows or we are not able to comply with the covenants under the Indenture, we may be forced to limit our business activities, limit our ability to implement further modifications to our operations or limit the effectiveness of some actions that are included in our forecasts, amend the Indenture and/or seek other sources of capital, and we may be unable to continue as a going concern. Additionally, a failure to generate additional liquidity could negatively impact our access to inventory or services that are important to the operation of our business. Our ability to meet our obligations as of December 31, 2019 and to continue as a going concern is dependent upon achieving the action plans noted above. Based on our forecasted operating performance, planned actions to improve our profitability and cash flows, the execution of the Supplemental Indenture and the Axar Commitment and the consummation of the transactions contemplated thereby, including receipt of not less than $17.0 million in proceeds from the contemplated rights offering, together with plans to file financial statements on a timely basis consistent with the debt covenants, we do not believe it is probable that we will breach the covenants under the Indenture or be unable to continue as a going concern for the next twelve-month period. As such, the consolidated financial statements for the years ended December 31, 2019 and 2018 were prepared on the basis of a going concern, which contemplates that we will be able to realize assets and discharge liabilities in the normal course of business. Accordingly, they do not give effect to adjustments, if any, that would be necessary should we be required to liquidate our assets. 39 Table of Contents Cash Flows The following table summarizes our consolidated statements of cash flows by class of activities (in thousands): Net cash (used in) provided by operating activities Net cash used in investing activities Net cash provided by (used in) financing activities Significant sources and uses of cash during the Years Ended December 31, 2019 and 2018 Operating Activities $ Year Ended December 31, 2019 2018 $ (37,986) (163) 76,769 26,457 (12,563) (2,568) Net cash used in operations was $38.0 million for the year ended December 31, 2019 compared to $26.5 million of net cash provided by operations during the year ended December 31, 2018. The $64.4 million change in operating cash flow was primarily due to the following: • • • • • Change in cash from accounts payable and accrued liabilities – $19.8 million: We aggressively managed our working capital in 2019 to maximize cash flows, while upon completion of the Recapitalization Transaction in June 2019, we made significant paydowns on our payables, which resulted in a net increase in operating cash outflows of $19.8 million in 2019. Cash interest – $6.6 million: Our cash interest paid in 2019 increased by $6.6 million as our total debt and associated debt service costs increased under the Senior Secured Notes as compared to our prior revolving credit facility and senior notes. Impact of early payoff – $14.1 million: In order to improve the liquidity profile of the business in 2019 and 2018, we ran an early payoff program during the fourth quarter of 2019 and throughout 2018. The early payoff program offered customers with outstanding pre-need receivable contracts the opportunity to pre-pay their outstanding balance at a 15% discount. The change in cash flows generated by each year’s early payoff program accounted for a net decrease in operating cash inflows of $14.1 million in 2019. Merchandise trust distributions – $19.1 million: We received $2.0 million of excess income distributions from our merchandise trusts in 2019 compared to $21.1 million of excess income distributions from our merchandise trusts in 2018, which resulted in a net decrease in operating cash inflows of $19.1 million in 2019. Sales production, non-recurring expenses and other working capital items – 4.8 million: Our cash flows in 2019 were further impacted by the continued contraction in sales production and other working capital items, partially offset by decreases in our non-recurring expenses, which resulted in a net increase in operating cash outflows of $4.8 million. Investing Activities Net cash used in investing activities for the year ended December 31, 2019 was $0.2 million as compared to $12.6 million in the comparable 2018 period. The cash used in investing activities for the year ended December 31, 2019 was primarily attributable to capital expenditures of $6.4 million, offset by proceeds from divestitures of $6.3 million, which consisted of the $5.0 million letter of intent deposit we received in connection with the Oakmont Sale and $1.3 million from the termination of one of our management agreements. Net cash used in investing activities during the year ended December 31, 2018 consisted of $12.2 million used for capital expenditures and $1.7 million used for property acquisitions, offset by proceeds from asset sales of $1.3 million. Financing Activities Net cash provided by financing activities for the year ended December 31, 2019 was $76.8 million, an increase of $79.3 million from net cash used in financing activities of $2.6 million for the year ended December 31, 2018, primarily due to net proceeds of $406.1 million and $57.5 million from the issuance of the Senior Secured Notes and the Preferred Offering, respectively, which were both related to our comprehensive recapitalization, as described in Note 10 Long-Term Debt and Note 11 Redeemable Convertible Preferred Units and Partners' Deficit of the consolidated financial statements included in Part II, Item 8. Financial Statements and Supplementary Data of this Annual Report. These investing proceeds were offset by the repayment in full of the prior senior notes and revolving credit facilities of $366.9 million, the payment of $17.4 million in financing costs related to the debt refinancing and debt amendments, principal payments of $1.4 million for our finance leases, payments of $0.8 million for employee tax withholdings on the units that vested in 2019 and a $0.3 million intercompany advance that was effectively repaid by a reduction in the units issued to GP Holdings in the C-Corporation Conversion to comply with our 40 Table of Contents settlement with the SEC. Net cash used in financing activities during the year ended December 31, 2018 consisted primarily of $4.0 million of financing costs partially offset by $1.4 million of net proceeds from borrowings. Capital Expenditures The following table summarizes maintenance and expansion capital expenditures, excluding amounts paid for acquisitions, for the periods presented (in thousands): Maintenance capital expenditures Expansion capital expenditures Total capital expenditures Contractual Obligations Year Ended December 31, 2019 2018 1,590 4,828 6,418 $ $ 4,383 7,789 12,172 $ $ In the normal course of business, we enter into various contractual and contingent obligations that impact or could impact our liquidity. We have contractual obligations requiring future cash payments related to debt maturities, interest on debt, operating lease and finance lease agreements, liabilities to purchase merchandise related to our pre-need sales contracts and capital commitments to private credit funds. A summary of our total contractual and contingent obligations as of December 31, 2019 is presented in the table below (in thousands): Contractual Obligations: Debt(1) Cemetery land purchase obligations(2) Operating leases Finance leases Lease and management agreements(3) Deferred revenues(4) Self-insurance-related liabilities: Workers compensation General liability Medical Total contractual obligations Contingent Obligations: Other investment funds(5) Total contingent obligations Total Total Less than 1 year 1-3 years 3-5 years More than 5 years $ $ 592,824 17,070 19,201 6,488 37,507 949,375 11,923 7,256 2,156 1,643,800 119,755 119,755 1,763,555 $ $ 30,293 2,447 3,304 1,773 — — 4,219 2,584 2,156 46,776 119,755 119,755 166,531 $ $ 72,592 5,344 5,280 3,892 — — 4,141 3,128 — 94,377 — — 94,377 $ $ 489,939 6,004 4,269 823 — — 1,432 851 — 503,318 — — 503,318 $ $ — 3,275 6,348 — 37,507 — 2,131 693 — 49,954 — — 49,954 (1) (2) (3) Represents the interest payable and par value of our financed vehicles and of our Senior Secured Notes outstanding as of December 31, 2019, exclusive of the unamortized debt discounts and unamortized deferred financing fees as of December 31, 2019 of $14.3 million and $12.9 million, respectively. This table assumes that we pay the fixed rate of 7.50% per annum in cash plus the fixed rate of 4.00% per annum payable in kind through January 30, 2022 and cash interest payments at 9.875% for all interest periods after January 30, 2022, and that current principal amounts outstanding under the Senior Secured Notes are not repaid until the maturity date of June 30, 2024. Since December 31, 2019, an aggregate of $31.3 million of principal on our Senior Secured Notes has been redeemed, primarily with the net proceeds from the Oakmont Sale. Per the Indenture, we anticipate using the first $23.7 million of net proceeds and 80% of the remaining net proceeds from the Olivet Sale along with 80% of the net proceeds from the Remaining California Sale to redeem additional portions of the outstanding Senior Secured Notes. Represents the amounts due related to an agreement we entered into in 2017 to purchase cemetery land in annual installments beginning January 26, 2018 through January 26, 2025. Cypress Lawn Cemetery Association has agreed to assume the obligations under this agreement in connection with the Olivet Sale. Represents the aggregate rent payments pertaining to our lease and management agreements with the Archdiocese of Philadelphia. This table assumes that we defer the rent payments, together with accrued interest compounded quarterly, that are related to the periods from June 1, 2019 through May 31, 2025. This table does not include any 41 Table of Contents (4) (5) associated unamortized discount. For further details, see "Agreements with the Archdiocese of Philadelphia" section below. Total cannot be separated into periods, because we are unable to anticipate when the merchandise and services will be delivered. This balance represents the revenues to be recognized from the total performance obligations on our customer contracts. Represents unfunded capital commitments to private credit funds that are callable at any time during the lockup periods, which range from four to ten years with three potential one year extensions at the discretion of the funds’ general partners and which will be funded using existing trust assets. Not included in the above table are potential funding obligations related to our merchandise and service trusts. In certain states and provinces, we have withdrawn allowable distributable earnings including unrealized gains prior to the maturity or cancellation of the related contract. Additionally, some states have laws that either require replenishment of investment losses under certain circumstances or impose various restrictions when trust fund values drop below certain prescribed amounts. In the event that our trust investments do not recover from market declines, we may be required to deposit portions or all of these amounts into the respective trusts in some future period. As of December 31, 2019, we had unrealized losses of $4.2 million in the various trusts within these states. Agreements with the Archdiocese of Philadelphia In accordance with the lease and management agreements with the Archdiocese of Philadelphia, we have agreed to pay to the Archdiocese aggregate fixed rent of $36.0 million in the following amounts: Lease Years 1-5 (May 28, 2014-May 31, 2019) Lease Years 6-20 (June 1, 2019-May 31, 2034) Lease Years 21-25 (June 1, 2034-May 31, 2039) Lease Years 26-35 (June 1, 2039-May 31, 2049) Lease Years 36-60 (June 1, 2049-May 31, 2074) None $1,000,000 per Lease Year $1,200,000 per Lease Year $1,500,000 per Lease Year None The fixed rent for lease years 6 through 11, an aggregate of $6.0 million is deferred. If prior to May 31, 2025, the Archdiocese terminates the agreements pursuant to its terms during lease year 11 or we terminate the agreements as a result of a default by the Archdiocese, we are entitled to retain the deferred fixed rent. If the agreements are not terminated, the deferred fixed rent will become due and payable on or before June 30, 2025. Long-Term Debt and Redeemable Convertible Preferred Units Senior Secured Notes On June 27, 2019, StoneMor Partners L.P., Cornerstone Family Services of West Virginia Subsidiary, Inc. and, collectively with the Company, certain direct and indirect subsidiaries of the Company, the initial purchasers party thereto and Wilmington Trust, National Association, as trustee and as collateral agent, entered into an indenture with respect to the 9.875%/11.500% Senior Secured PIK Toggle Notes due 2024. For further detail on our Senior Secured Notes, see Note 10 Long-Term Debt of Part II, Item 8. Financial Statements and Supplementary Data of this Annual Report. Redeemable Convertible Preferred Units On June 27, 2019, funds and accounts affiliated with Axar Capital Management LP and certain other investors entered into the Series A Purchase Agreement pursuant to which the Partnership sold to such purchasers an aggregate of 52,083,333 of the Partnership’s Series A Convertible Preferred Units representing limited partner interests in the Partnership with certain rights, preferences and privileges as were set forth in the Partnership’s Third Amended and Restated Agreement of Limited Partnership dated as of June 27, 2019. The purchase price for the Preferred Units sold pursuant to the Series A Purchase Agreement was $1.1040 per Preferred Unit, reflecting an 8% discount to the liquidation preference of each Preferred Unit, for an aggregate purchase price of $57.5 million. The terms of the sale of the Preferred Units were determined based on arms-length negotiations between the Partnership and Axar. Pursuant to the Series A Purchase Agreement, the Partnership filed a registration statement on Form S-1 with the SEC to effect a $40.2 million rights offering of common units representing limited partnership interests in the Company (“Common Units”) to all holders of Common Units (other than the Purchasers, American Infrastructure Funds LP and their respective affiliates). 42 Table of Contents The offering entitled each unitholder to one non-transferable subscription right for each common unit held by the unitholder on the record date for the offering. Each subscription right entitled the unitholder to purchase 1.24 common units for each common unit held by the unitholder at a purchase price of $1.20 per Common Unit (the “Rights Offering”). The Rights Offering was completed in 2019 with the sale of 3,039,380 common units for an aggregate price of $3.6 million. The proceeds from the Rights Offering were used to redeem 3,039,380 of Partnership’s outstanding Preferred Units on October 25, 2019 at a price of $1.20 per Preferred Unit. For further detail on our Preferred Units, see Note 11 Redeemable Convertible Preferred Units and Owners’ Equity of Part II, Item 8. Financial Statements and Supplementary Data of this Annual Report. Surety Bonds We have entered into arrangements with certain surety companies, whereby such companies agree to issue surety bonds on our behalf as financial assurance and/or as required by existing state and local regulations. The surety bonds are used for various business purposes; however, the majority of the surety bonds issued and outstanding have been used to support our pre-need sales activities. When selling pre-need contracts, we may post surety bonds where allowed by state law. We post the surety bonds in lieu of trusting a certain amount of funds received from the customer. If we were not able to renew or replace any such surety bond, we would be required to fund the trust only for the portion of the applicable pre-need contracts for which we have received payments from the customers, less any applicable retainage, in accordance with state law. We have provided cash collateral to secure these surety bond obligations and may be required to provide additional cash collateral in the future under certain circumstances. For the years ended December 31, 2019 and 2018, we had $92.3 million and $91.4 million, respectively, of cash receipts from sales attributable to related bond contracts. These amounts do not consider reductions associated with taxes, obtaining costs or other costs. Surety bond premiums are paid annually and the bonds are automatically renewable until maturity of the underlying pre-need contracts, unless we are given prior notice of cancellation. Except for cemetery pre-construction bonds (which are irrevocable), the surety companies generally have the right to cancel the surety bonds at any time with appropriate notice. In the event a surety company were to cancel the surety bond, we would be required to obtain replacement surety assurance from another surety company or fund a trust for an amount generally less than the posted bond amount. We do not expect that we will be required to fund material future amounts related to these surety bonds due to a lack of surety capacity or surety company non-performance. CRITICAL ACCOUNTING POLICIES AND ESTIMATES The preparation of our consolidated financial statements and related notes included within Part II, Item 8. Financial Statements and Supplementary Data of this Annual Report in conformity with general accepted accounting principles (“GAAP”) requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, expenses and disclosure of contingent assets and liabilities that arose during the reporting period and through the date our financial statements are filed with the SEC. Although we base our estimates on historical experience and various other assumptions we believe to be reasonable, actual results may differ from these estimates. A critical accounting estimate or policy is one that requires a high level of subjective judgement by management and could have a material impact on our financial position, results of operations or cash flows if actual results vary significantly from our estimates. Revenue Recognition We recognize revenue in an amount that reflects the consideration to which we expect to be entitled for the transfer of goods and services to our customers. We account for individual products and services separately as distinct performance obligations. Our performance obligations include the delivery of funeral and cemetery merchandise and services and cemetery property interment rights. Revenue is measured based on the consideration specified in a contract with a customer and is net of any sales incentives and amounts collected on behalf of third parties. The consideration (including any discounts) is allocated among separate products and services in a package based on their relative stand-alone selling prices. The stand-alone selling price is determined by management based upon local market conditions and reasonable ranges for both merchandise and services, which is the best estimate of the stand-alone price. For items that are not sold separately (e.g., second interment rights), we estimate stand-alone selling prices using the best estimate of market value, using inputs such as average selling price and list 43 Table of Contents price broken down by each geographic location. Additionally, we consider typical sales promotions that could impact the stand-alone selling price estimates. Pursuant to state law, all or a portion of the proceeds from funeral and cemetery merchandise or services sold on a pre-need basis may be required to be paid into trust funds. We defer investment earnings related to these merchandise and service trusts until the associated merchandise is delivered or services are performed. A portion of the proceeds from the sale of cemetery property interment rights is required by state law to be paid by us into perpetual care trust funds to maintain the cemetery. The portion of these proceeds are not recognized as revenue. Investment earnings from these trusts are distributed to us regularly and recognized in current cemetery revenue. Inaccuracies in our records of the timing of physical delivery of our merchandise and services can have a material impact on our financial position, results of operations or cash flows. Deferred Revenues Revenues from the sale of services and merchandise, as well as any investment income from the merchandise trusts, are deferred until such time as the services are performed or the merchandise is delivered. In addition to amounts deferred on new contracts, investment income and unrealized gains and losses on our merchandise trusts are recognized as deferred revenues. Deferred revenues also include deferred revenues from pre-need sales that we acquired through our various acquisitions, and we provide a profit margin for these deferred revenues to account for the projected future costs of delivering products and providing services on these acquired pre-need contracts. Inaccuracies in our records of the timing of physical delivery of our merchandise and services can have a material impact on our financial position, results of operations or cash flows. For further details on our deferred revenues, see Part II, Item 8. Financial Statements and Supplementary Data – Note 1 General and Note 13 Deferred Revenues and Costs. Loss Contract Analysis We perform an analysis annually to determine whether our pre-need contracts are in a loss position, which would necessitate a charge to earnings. For this analysis, we add the sales prices of the underlying contracts and net realized earnings, then subtract net unrealized losses to derive the net amount of estimated proceeds for contracts as of the balance sheet date. We consider unrealized gains and losses based on current market prices quoted for the investments, and we do not include future expected returns on the investments in our analysis. We compare our estimated proceeds to the estimated direct costs to deliver our contracts, which consist primarily of funeral and cemetery merchandise costs along with salaries, supplies and equipment related to the delivery of a pre-need contract. If a deficiency were to exist, we would record a charge to earnings and a corresponding liability for the expected loss on delivery of those contracts from our backlog. Inaccuracies in the judgements made in determining the net amount of estimated proceeds and estimated direct costs can have a material impact our financial position, results of operations or cash flows. Allowance for Doubtful Accounts Accounts receivable is presented net of an allowance for doubtful accounts. The allowance for doubtful accounts is determined by applying a cancellation rate to amounts included in accounts receivable. The cancellation rate is based upon a five year average rate by each specific location. Inaccuracies in the judgements made in determining the cancelation rate can have a material impact on our financial position, results of operations or cash flows. For further details on our allowance for doubtful accounts, see Part II, Item 8. Financial Statements and Supplementary Data – Note 1 General and Note 4 Accounts Receivable, Net of Allowance. Other-Than-Temporary Impairment of Trust Assets Assets held in our merchandise trusts are carried at fair value. Any change in unrealized gains and losses is reflected in the carrying value of the assets and is recognized as deferred revenue. Any and all investment income streams, including interest, dividends or gains and losses from the sale of trust assets, are offset against deferred revenue until such time that we deliver the 44 Table of Contents underlying merchandise. Investment income generated from our merchandise trust is included in "Cemetery investment and other revenues". Pursuant to state law, a portion of the proceeds from the sale of cemetery property is required to be paid into perpetual care trusts. All principal must remain in this trust in perpetuity while interest and dividends may be released and used to defray cemetery maintenance costs, which are expensed as incurred. Assets in our perpetual care trusts are carried at fair value. Any change in unrealized gains and losses is reflected in the carrying value of the assets and is offset against perpetual care trust corpus. We evaluate whether or not the assets in our merchandise and perpetual care trusts have an other-than-temporary impairment on a security-by-security basis. We determine whether or not the impairment of a fixed maturity debt security is other-than-temporary by evaluating each of the following: • • Whether it is our intent to sell the security. If there is intent to sell, the impairment is considered to be other-than-temporary. If there is no intent to sell, we evaluate whether it is not more likely than not we will be required to sell the debt security before its anticipated recovery. If we determine that it is more likely than not that we will be required to sell an impaired investment before its anticipated recovery, the impairment is considered to be other-than-temporary. We further evaluate whether or not all assets in the trusts have other-than-temporary impairments based upon a number of criteria including the severity of the impairment, length of time a security has been in a loss position, changes in market conditions and concerns related to the specific issuer. If an impairment is considered to be other-than-temporary, the cost basis of the security is adjusted downward to its fair value. For assets held in the perpetual care trusts, any reduction in the cost basis due to an other-than-temporary impairment is offset with an equal and opposite reduction in the perpetual care trust corpus and has no impact on earnings. For assets held in the merchandise trusts, any reduction in the cost basis due to an other-than-temporary impairment is recorded in deferred revenue. Inaccuracies in the judgements made in assessing our intent to sell and severity of impairment and in analyzing the changes in market conditions and concerns related to an asset’s issuer can have a material impact on our financial position, results of operations or cash flows. For further details on our other-than-temporary impairment of our trust assets, see Part II, Item 8. Financial Statements and Supplementary Data – Note 1 General, Note 7 Merchandise Trusts and Note 8 Perpetual Care Trusts. Asset Acquisitions Asset acquisitions are measured based on their cost to us, including transaction costs incurred by us. An asset acquisition’s cost or the consideration transferred by us is assumed to be equal to the fair value of the net assets acquired. If the consideration transferred is cash, measurement is based on the amount of cash we paid to the seller, as well as transaction costs incurred by us. Consideration given in the form of nonmonetary assets, liabilities incurred or equity interests issued is measured based on either the cost to us or the fair value of the assets or net assets acquired, whichever is more clearly evident. The cost of an asset acquisition is allocated to the assets acquired based on their estimated relative fair values. Goodwill is not recognized in an asset acquisition. Inaccuracies made in the judgements made in determining the fair value of the nonmonetary assets acquired can have a material impact on our financial position, results of operations or cash flows. Valuation of long-lived assets We assess our long-lived assets, such as definite-lived intangible assets and property and equipment, for impairment whenever events or circumstances indicate that the carrying amount of an asset may not be recoverable. We assess our goodwill and indefinite-lived assets for impairment annually, as of October 1st, or whenever events or circumstances indicate that the carrying amount of goodwill or the indefinite-lived assets may not be recoverable. If the carrying value of an asset exceeds its fair value, we record an impairment charge that reduces our earnings. We apply the discounted cash flow method (the “DCF method”) to determine the fair value of our goodwill, utilizing a number of factors, such as actual operating results, future business plans and forecasted cash flows, economic projections, volatility of earnings, changes in senior management, market data, terminal values and discount rates. These factors used to determine the fair value of our goodwill are highly subjective and very sensitive to changes in the underlying assumptions, such as 45 Table of Contents • • • • a prolonged downturn in the business environment in which the reporting unit operates; underperformance of the reporting unit performance compared to our forecasts; volatility in equity and debt markets resulting in higher discount rates; and unexpected regulatory changes. We apply various valuation techniques, such as the income approach or sales comparison approach, to determine the fair values of our long-lived assets. In evaluating our long-lived assets for recoverability, we consider current market conditions and our intent with respect to holding or disposing of the assets. The factors used in our evaluations for recoverability and the inputs we use in applying the valuation technique we select are highly subjective and very sensitive to changes in the underlying assumptions. Changes in economic and operating conditions or our intent with regard to our long-lived assets that occurs subsequent to our impairment analyses could impact these assumptions and result in future impairments of our long-lived assets. Inaccuracies made in the judgements discussed above in determining the fair value of goodwill, indefinite-lived assets and long-lived assets can have a material impact on our financial position, results of operations or cash flows For further details on our intangible assets see Part II, Item 8. Financial Statements and Supplementary Data – Note 1 General. Income Taxes Effective December 31, 2019, in connection with the C-Corporation Conversion, we are subject to both federal and state income taxes. We record deferred tax assets and liabilities to recognize temporary differences between the bases of assets and liabilities in our tax and GAAP balance sheets and for federal and state NOL carryforwards and alternative minimum tax credits. We record a valuation allowance against our deferred tax assets, if we deem that it is more likely than not that some portion or all of the recorded deferred tax assets will not be realizable in future periods. In evaluating our ability to recover our deferred tax assets, we consider all available positive and negative evidence, including our past operating results, recent cumulative losses and our forecast of future taxable income. In determining future taxable income, we make assumptions regarding the amount of taxable income, the reversal of temporary differences and the implementation of feasible and prudent tax planning strategies. These assumptions require us to make significant judgments about our forecasts of our future taxable income and are consistent with the plans and estimates we use to manage our business. Any reduction in estimated future taxable income may require us to record an additional valuation allowance against our deferred tax assets. An increase in the valuation allowance would result in additional income tax expense in the period and could have a significant impact on our future earnings. On December 22, 2017, the Tax Cuts and Jobs Act of 2017 (the "Tax Act") was signed into law. The Tax Act made broad and complex changes to the U.S. tax code by, among other things, (i) reducing the federal corporate income tax rate, (ii) creating a new limitation on deductible interest expense, (iii) creating bonus depreciation that will allow for full expensing on qualified property and (iv) imposing limitations on deductibility of certain executive compensation. We evaluated the provisions of the Tax Act and determined the primary impact of the Tax Act was the reduction in corporate tax rate from 35% to 21%, which required us to remeasure our deferred tax assets and liabilities in our consolidated financial statements for the year ended December 31, 2017. Subsequently, in February 2018, the SEC staff issued Staff Accounting Bulletin No. 118 ("SAB 118") to address the application of GAAP in situations when a registrant does not have the necessary information available, prepared or analyzed (including computations) in reasonable detail to complete the accounting for certain income tax effects of the Tax Act. SAB 118 provides a measurement period that should not extend beyond one year from the Tax Act enactment date for companies to complete the accounting for the income tax effects of certain elements of the Tax Act. In accordance with SAB 118, we recognized the provisional tax impacts related to the remeasurement of our deferred tax assets and liabilities in our consolidated financial statements for the year ended December 31, 2017. Upon completion of our analysis of the Tax Act in 2018, we noted there were no material adjustments. As of December 31, 2019, we had federal and state NOL carryforwards of approximately $423.0 million and $542.0 million, respectively, a portion of which expires annually. We believe the Recapitalization Transactions caused an “ownership change for income tax purposes under the applicable provisions of the Internal Revenue Code of 1986, as amended, which may significantly limit our ability to use such federal NOL carryforwards to offset future taxable income. The C-Corporation Conversion did not impact our ability to use existing NOLs. 46 Table of Contents For further details on our income taxes, see Part II, Item 8. Financial Statements and Supplementary Data – Note 1 General and Note 12 Income Taxes. Contingencies We are party to various legal proceedings in the ordinary course of our business, as well as class and collective actions under the Exchange Act and for related state law claims that certain of our officers and directors breached their fiduciary duty to the Partnership and its unitholders. We accrue for contingencies when the occurrence of a material loss is probable and can be reasonably estimated, based on our best estimate of the expected liability. The accuracy of the estimates used to determine probability and amount of a potential future liability is impacted by, among other things, the complexity of the issues and the amount of due diligence we have been able to perform. Differences between the actual settlement costs, final judgments or fines and our estimates could have a material impact on our financial position, results of operations or cash flows. For further details on our contingencies, see Part II, Item 8. Financial Statements and Supplementary Data–Note 15 Commitments and Contingencies. Insurance loss reserves We purchase comprehensive general liability, professional liability, automobile liability and workers’ compensation insurance coverages structured with high deductibles. This high-deductible insurance program means we are primarily self-insured for claims and associated costs and losses covered by these policies. Historical insurance industry experience indicates a high degree of inherent variability in assessing the ultimate amount of losses associated with casualty insurance claims. This is especially true with respect to liability and workers’ compensation exposures due to the extended period of time that transpires between when the claim might occur and the full settlement of such claim, which is often many years. We continually evaluate loss estimates associated with claims and losses related to these insurance coverages falling within the deductible of each coverage. We analyze and adjust our insurance loss reserve, using assumptions based on factors such as claim settlement patterns, claim development trends, claim frequency and severity patterns, inflationary trends and data reasonableness that impact our analysis and determination of the “best estimate” of the projected ultimate claim losses. Differences between actual insurance loss settlements and our insurance loss reserves could have a material impact on our financial position, results of operations or cash flows. Recent Accounting Pronouncements and Accounting Changes For discussion of recent accounting pronouncements and accounting changes, see Part II, Item 8. Financial Statements and Supplementary Data–Note 1 General. ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK The primary objective of the following information is to provide forward-looking quantitative and qualitative information about our potential exposure to market risks. The term "market" risk refers to the risk of gains or losses arising from changes in interest rates and prices of marketable securities. The disclosures are not meant to be precise indicators of expected future gains or losses, but rather indicators of reasonably possible gains or losses. This forward-looking information provides indicators of how we view and manage our ongoing market risk exposures. All of our market risk-sensitive instruments were entered into for purposes other than trading. The trusts are invested in assets with the primary objective of maximizing income and distributable cash flow for trust distributions, while maintaining an acceptable level of risk. Certain asset classes in which we invest for the purpose of maximizing yield are subject to an increased market risk. This increased market risk will create volatility in the unrealized gains and losses of the trust assets from period to period. For additional information on the investments in our merchandise trusts and perpetual trusts, see Part II, Item 8. Financial Statements and Supplementary Data – Note 7 Merchandise Trusts and Note 8 Perpetual Care Trusts of this Annual Report. 47 Table of Contents INTEREST-BEARING INVESTMENTS The interest-bearing investments in our merchandise trusts and perpetual care trusts that are subject to interest rate sensitivity consist of fixed-income securities, money market investments and other short-term investments. As of December 31, 2019, the accumulated fair value of the interest-bearing investments in our merchandise trusts and perpetual care trusts was $145.7 million and $53.3 million, respectively or 27.8% and 15.4% of the fair value of our total trust assets, respectively. MARKETABLE EQUITY SECURITIES The marketable equity securities in our merchandise trusts and perpetual care trusts that are subject to market price sensitivity consist of individual equity securities as well as closed and open-ended mutual funds. As of December 31, 2019, $25.7 million and $31.7 million, respectively or 4.9% and 9.2% of the fair value of our total trust assets, respectively. OTHER INVESTMENT FUNDS Other investment funds are measured at fair value using the net asset value per share practical expedient. This asset class is composed of fixed income funds and equity funds, which have a redemption period ranging from 1 to 30 days, and private credit funds, which have lockup periods ranging from one to eight years with three potential one year extensions at the discretion of the funds’ general partners. This asset class has an inherent valuation risk as the values provided by investment fund managers may not represent the liquidation values obtained by the trusts upon redemption or liquidation of the fund assets. As of December 31, 2019, the fair value of other investment funds in our merchandise trusts and perpetual care trusts represented 41.3% and 55.3%, respectively, of the fair value of total trust assets. The fair market value of the holdings in these funds was $216.4 million and $191.4 million in our merchandise trusts and perpetual care trusts, respectively, as of December 31, 2019, based on net asset value quotes. 48 Table of Contents ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA STONEMOR INC. INDEX TO CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED FINANCIAL STATEMENTS Report of Independent Registered Public Accounting Firm Consolidated Balance Sheets as of December 31, 2019 and 2018 Consolidated Statements of Operations for the Years Ended December 31, 2019 and 2018 Consolidated Statements of Preferred Units and Owners’ Equity for the Years Ended December 31, 2019 and 2018 Consolidated Statements of Cash Flow for the Years Ended December 31, 2019 and 2018 Notes to Consolidated Financial Statements 49 50 51 52 53 54 55 Table of Contents REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Board of Directors and Stockholders of StoneMor Inc. Opinion on the financial statements We have audited the accompanying consolidated balance sheets of StoneMor Inc. (formerly StoneMor Partners L.P.) (a Delaware corporation) and subsidiaries (the “Company”) as of December 31, 2019 and 2018, the related consolidated statements of operations, preferred units and owners’ equity, and cash flows for each of the two years in the period ended December 31, 2019, and the related notes (collectively referred to as the “financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the consolidated financial position of the Company as of December 31, 2019 and 2018, and the results of its operations and its cash flows for each of the two years in the period ended December 31, 2019, in conformity with accounting principles generally accepted in the United States of America. Change in accounting principle As discussed in Notes 1 and 17 to the consolidated financial statements, the Company has changed its method of accounting for leases for the year ended December 31, 2019 due to the adoption of ASU No. 2016-02, Leases (Topic 842). COVID-19 Outbreak We draw attention to Note 26 to the consolidated financial statements, which describes the uncertainty related to the COVID-19 pandemic and impact on the Company’s business. Basis for opinion These consolidated financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s consolidated financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion. /s/ GRANT THORNTON LLP We have served as the Company’s auditor since 2018. Philadelphia, Pennsylvania April 7, 2020 50 Table of Contents Assets Current assets: Cash and cash equivalents, excluding restricted cash Restricted cash Accounts receivable, net of allowance Prepaid expenses Assets held for sale Other current assets Total current assets Long-term accounts receivable, net of allowance Cemetery property Property and equipment, net of accumulated depreciation Merchandise trusts, restricted, at fair value Perpetual care trusts, restricted, at fair value Deferred selling and obtaining costs Deferred tax assets Goodwill Intangible assets Other assets Total assets Liabilities and Owners' Equity Current liabilities: Accounts payable and accrued liabilities Liabilities held for sale Accrued interest Current portion, long-term debt Total current liabilities Long-term debt, net of deferred financing costs Deferred revenues Deferred tax liabilities Perpetual care trust corpus Other long-term liabilities Total liabilities Commitments and contingencies Owners' equity: STONEMOR INC. CONSOLIDATED BALANCE SHEETS (in thousands) December 31, 2019 December 31, 2018 $ $ $ $ 34,867 21,900 55,794 4,778 23,858 17,142 158,339 75,549 320,605 103,400 517,192 343,619 114,944 81 — 56,246 29,393 1,719,368 55,134 20,668 125 374 76,301 367,963 949,375 34,613 343,619 49,987 1,821,858 944,474 (1,046,964) — — (102,490) 1,719,368 $ $ $ $ 18,147 — 57,928 4,475 757 17,009 98,316 87,148 331,137 112,716 488,248 330,562 113,644 86 24,862 61,421 22,241 1,670,381 59,035 — 1,967 798 61,800 320,248 919,606 6,675 330,562 42,108 1,680,999 — — — (10,618) (10,618) 1,670,381 Common stock, par value $0.01 per share, 200,000 shares authorized, 94,447 shares issued and outstanding Paid-in capital in excess of par value Retained deficit Members' equity Total owners' equity Total liabilities and owners' equity See Accompanying Notes to the Consolidated Financial Statements. 51 Table of Contents Revenues: Cemetery: Interments Merchandise Services Investment and other Funeral home: Merchandise Services Total revenues Costs and Expenses: Cost of goods sold Cemetery expense Selling expense General and administrative expense Corporate overhead Depreciation and amortization Funeral home expenses: Merchandise Services Other Loss on goodwill impairment Total costs and expenses Other losses, net Operating loss Interest expense Loss on debt extinguishment Loss from operations before income taxes Income tax (expense) benefit Net loss Net loss attributable to StoneMor Partners L.P. (predecessor) Net loss attributable to StoneMor Inc. Net loss per common share (basic)(1) Net loss per common share (diluted)(1) Weighted average number of common shares outstanding - basic(2) Weighted average number of common shares outstanding - diluted(2) STONEMOR INC. CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share and per unit data) 2019 2018 Year Ended December 31, $ $ $ $ $ $ $ $ 67,425 64,476 65,494 40,492 23,774 27,861 289,522 40,174 74,339 59,347 44,231 51,107 10,782 7,013 21,659 14,643 24,862 348,157 (8,106) (66,741) (48,519) (8,478) (123,738) (28,204) (151,942) (151,942) — (3.84) (3.83) 39,614 39,677 76,902 75,412 67,278 42,343 25,652 28,539 316,126 54,647 78,708 62,538 43,081 53,281 11,736 6,579 22,159 15,787 - 348,516 (11,504) (43,894) (30,602) — (74,496) 1,797 (72,699) (72,699) — (1.92) (1.92) 37,959 37,959 (1) (2) For the period prior to the C-Corporation Conversion, represents net loss divided by weighted average number of common limited partner units outstanding and for the period following the C-Corporation Conversion, represents net loss divided by weighted average number of common shares outstanding. For the period prior to the C-Corporation Conversion, represents weighted average number of common limited partner units outstanding and for the period following the C-Corporation Conversion, represents weighted average number of common shares outstanding. See Accompanying Notes to the Consolidated Financial Statements. 52 Table of Contents December 31, 2017 Cumulative effect of accounting change January 1, 2018 Common unit awards under incentive plans Net loss Cumulative effect of accounting change December 31, 2018 Issuance of Series A Preferred Units Issuance of Series A Preferred Units - related party Rights offering - related party GP Holdings' Merger consideration Reduction to GP Holdings' Merger consideration related to SEC settlement - related party Unit-based compensation Units repurchased related to unit-based compensation Net loss prior to the C-Corporation Conversion (attributable to StoneMor Partners L.P. (predecessor)) Effect of the C-Corporation Conversion on owners' equity December 31, 2019 STONEMOR INC. CONSOLIDATED STATEMENTS OF CHANGES IN OWNERS’ EQUITY (dollars in thousands, except units and shares) Redeemable Convertible Preferred Unit Series A Number of Outstanding Preferred Units Value of Outstanding Preferred Units — — — — — — — 11,322,465 40,760,868 (3,039,380) — — — — — (49,043,953) — $ $ — — — — — — — 12,500 45,000 (3,647) — — — — — (53,853) — Partners' Deficit Common Stock Outstanding Common Units 37,957,936 — 37,957,936 709 — — 37,958,645 — — 3,039,380 2,950,000 (182,909) 2,067,088 (428,802) — (45,403,402) — $ Members' Equity 91,696 (28,097) 63,599 2,522 (72,699) (4,040) (10,618) — — 3,647 4,032 (250) 3,623 (803) (151,942) 152,311 — Number of Common Shares — — — — — — — — — — — — — — — 94,447,356 94,447,356 $ Par Value of Common Shares — — — — — — — — — — — — — — Paid-in Capital in Excess of Par Value $ — — — — — — — — — — (4,032) — — — Retained Deficit — $ — — — — — — — — — — — — — $ Total 91,696 (28,097) 63,599 2,522 (72,699) (4,040) (10,618) 12,500 45,000 — — (250) 3,623 (803) — 944,474 944,474 — (1,042,932) (1,046,964) — — — $ (151,942) — (102,490) See Accompanying Notes to the Consolidated Financial Statements. 53 Table of Contents STONEMOR INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (in thousands) Cash Flows From Operating Activities: Net loss Adjustments to reconcile net loss to net cash provided by operating activities: Cost of lots sold Depreciation and amortization Provision for bad debt Non-cash compensation expense Loss on debt extinguishment Loss on goodwill impairment Non-cash interest expense Other losses, net Changes in assets and liabilities: Accounts receivable, net of allowance Merchandise trust fund Other assets Deferred selling and obtaining costs Deferred revenues Deferred taxes, net Payables and other liabilities Net cash (used in) provided by operating activities Cash Flows From Investing Activities: Cash paid for capital expenditures Cash paid for acquisitions Proceeds from divestitures Proceeds from asset sales Net cash used in investing activities Cash Flows From Financing Activities: Proceeds from issuance of redeemable convertible preferred units Proceeds from issuance of redeemable convertible preferred units - related party Proceeds from borrowings Repayments of debt Principal payment on finance leases Cost of financing activities Reduction to GP Holdings' Merger consideration due to SEC settlement - related party Units repurchased related to unit-based compensation Net cash provided by (used in) financing activities Net increase in cash, cash equivalents and restricted cash Cash, cash equivalents and restricted cash—Beginning of period Cash, cash equivalents and restricted cash—End of period Supplemental disclosure of cash flow information: Cash paid during the period for interest Cash paid during the period for income taxes Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases Operating cash flows from finance leases Financing cash flows from finance leases Non-cash investing and financing activities: Acquisition of assets by financing Net transfers within assets held for sale Accrued paid-in-kind interest on Senior Secured Notes (defined within) See Accompanying Notes to the Consolidated Financial Statements. 54 Year Ended December 31, 2019 2018 $ (151,942) $ (72,699) 7,027 10,782 7,559 3,623 8,478 24,862 18,095 8,106 (8,633) (17,916) (56) (3,598) 36,656 27,943 (8,972) (37,986) (6,418) — 6,255 — (163) 12,500 45,000 406,087 (366,905) (1,464) (17,396) (250) (803) 76,769 38,620 18,147 56,767 32,239 1,419 3,638 495 1,464 2,277 23,340 7,867 $ $ $ $ $ $ $ $ 7,808 11,736 7,358 2,523 — — 5,985 11,504 4,498 4,295 2,618 (4,819) 37,405 (2,591) 10,836 26,457 (12,172) (1,667) — 1,276 (12,563) — — 29,880 (28,493) — (3,955) — — (2,568) 11,326 6,821 18,147 25,606 1,725 — — — 2,673 543 — Table of Contents 1. GENERAL STONEMOR INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS As used in this Annual Report on Form 10-K (the “Annual Report”), unless the context otherwise requires, references to the terms the “Company,” “StoneMor,” “we,” “us,” and “our” refer to StoneMor Inc. and its consolidated subsidiaries for all periods from and after the Merger and to StoneMor Partners L.P. and its consolidated subsidiaries for all periods prior to the Merger. In addition, as used in this Annual Report, unless the context otherwise requires, references to (i) the term “Cornerstone” refers to Cornerstone Family Services, Inc.; (ii) the term “CFSI” refers to CFSI LLC; (iii) the term “CFS” refers to Cornerstone Family Services LLC; (iv) the term “LP Sub” refers to StoneMor LP Holdings, LLC; (v) the term “ACII” refers to American Cemeteries Infrastructure Investors, LLC; (vi) the term “AUH” refers to AIM Universal Holdings, LLC; (vii) the term “AIM” refers to American Infrastructure MLP Funds; (viii) the term “AIM II” refers to American Infrastructure MLP Fund II, L.P.; (ix) the term AIM FFII refers to American Infrastructure MLP Founders Fund II, L.P.; (x) the term “AIM II StoneMor” refers to AIM II Delaware StoneMor, Inc.; (xi) the term AIM Management II refers to American Infrastructure MLP Management II, L.L.C.; and (xiv) the term AIM II Offshore refers to AIM II Offshore, L.P. Nature of Operations StoneMor Inc. is a leading provider of funeral and cemetery products and services in the death care industry in the U.S. As of December 31, 2019, the Company operated 321 cemeteries in 27 states and Puerto Rico, of which 291 were owned and 30 were operated under lease, management or operating agreements. The Company also owned and operated 90 funeral homes, including 42 located on the grounds of cemetery properties that the Company owns, in 17 states and Puerto Rico. The Company’s cemeteries provide cemetery property interment rights, such as burial lots, lawn and mausoleum crypts, and cremation niches. Cemetery merchandise is comprised of burial vaults, caskets, grave markers and memorials and cemetery services, which include the installation of this merchandise and other service items. The Company sells these products and services both at the time of death, which is referred to as at-need, and prior to the time of death, which is referred to as pre-need. The Company’s funeral home services include family consultation, the removal and preparation of remains, insurance products and the use of funeral home facilities for visitation and memorial services. C-Corporation Conversion On December 31, 2019, pursuant to the terms of the Merger Agreement, the Company completed the following series of reorganization transactions (which the Company sometimes refer to collectively as the “C-Corporation Conversion”): • • • • GP Holdings contributed its entire equity interest in the Partnership to StoneMor GP and, in exchange, ultimately received an aggregate of 5,099,969 shares of the Company’s common stock; StoneMor GP contributed the common units in the Partnership it received from GP Holdings to LP Sub, a Delaware limited liability company and wholly-owned subsidiary of StoneMor GP; Merger Sub merged with and into the Partnership, with the Partnership surviving as a Delaware limited partnership, and pursuant to which each outstanding Series A Convertible Preferred Unit (defined within) and Common Unit (defined within) (other than the common units held by LP Sub) was converted into the right to receive one share of the Company’s common stock; and StoneMor GP converted from a Delaware limited liability company to a Delaware corporation called StoneMor Inc. As a result of the C-Corporation Conversion, the Company remains the general partner of the Partnership and LP Sub is the sole limited partner of the Partnership such that, directly or indirectly, the Company owns 100% of the interests in the Partnership. The C-Corporation Conversion represented a transaction between entities under common control and was accounted for similarly to pooling of interests in a business combination. The common stock of the Company issued to the holders of the common units and preferred units of the Partnership and to GP Holdings for its general partner interest in the Partnership was 55 Table of Contents recognized by the Company at the carrying value of the equity interests in the Partnership. In addition, the Company became the successor and the Partnership the predecessor for the purposes of financial reporting. Basis of Presentation and Principles of Consolidation The consolidated financial statements included in this Annual Report have been prepared in accordance with Generally Accepted Accounting Principles (“GAAP”). All intercompany transactions and balances have been eliminated. The consolidated financial statements include the accounts of StoneMor Inc. and StoneMor Partnership L.P., each together with their consolidated subsidiaries. Financial results as of and for the years ended December 31, 2019 and 2018 are the financial results of StoneMor Inc. and StoneMor Partners L.P., the Company’s predecessor for accounting purposes, as there was no activity under StoneMor Inc. prior to December 31, 2019. Earnings per share and weighted-average common shares outstanding for the years ended December 31, 2019 and 2018 have been presented giving pro forma effect to C-Corporation Conversion, as if it had occurred on January 1, 2018. The consolidated financial statements include the accounts of each of the Company’s 100% owned subsidiaries. These statements also include the accounts of the merchandise and perpetual care trusts in which the Company has a variable interest and is the primary beneficiary. The Company operates 30 cemeteries under long-term leases, operating agreements and management agreements. The operations of 16 of these managed cemeteries have been consolidated. On May 10, 2019, the Company terminated one of the management agreements and recorded a $2.1 million loss upon the termination, which is included in Other losses, net in the accompanying consolidated statements of operations for the years ended December 31, 2019 and 2018. The Company operates 14 cemeteries under long-term leases and other agreements that do not qualify as acquisitions for accounting purposes. As a result, the Company did not consolidate all of the existing assets and liabilities related to these cemeteries. The Company has consolidated the existing assets and liabilities of the merchandise and perpetual care trusts associated with these cemeteries as variable interest entities, since the Company controls and receives the benefits and absorbs any losses from operating these trusts. Under the long-term leases and other agreements associated with these properties, which are subject to certain termination provisions, the Company is the exclusive operator of these cemeteries and earns revenues related to sales of merchandise, services and interment rights and incurs expenses related to such sales, including the maintenance and upkeep of these cemeteries. Upon termination of these agreements, the Company will retain all of the benefits and related contractual obligations incurred from sales generated during the agreement period. The Company has also recognized the existing customer contract-related performance obligations that it assumed as part of these agreements. Correction of a prior period error related to the predecessor The Company has revised its consolidated balance sheet as of December 31, 2018 for the correction of the accounting related to the implementation of Accounting Standard Codification (“ASC”) 606, Revenue from Contracts with Customers (“ASC 606”), with respect to the recognition of revenue on sales of lawn crypt products in Maryland. Per Maryland state law, vaults cannot be pre-installed and as such per ASC 606, revenue cannot be recognized upon the sale of vaults; however, lawn crypt gardens, which are burial spaces with pre- installed, fully constructed vaults and irrigation, can be sold and revenue immediately recognized upon sale per ASC 606. During the third quarter of 2019, the Company identified that in its implementation of ASC 606 in 2018, it had incorrectly recognized revenue on sales of uninstalled lawn crypt products in Maryland, as if they had been installed. The Company concluded based on quantitative and qualitative analysis that the adjustments recorded to correct this prior period error were immaterial to the Company’s financial condition as of December 31, 2018 and 2019. The following table presents the corrections that were made to the consolidated balance sheet as of December 31, 2018: 2018 As Previously Reported Reclassifications 2018 As Adjusted Assets Cemetery property Deferred selling and obtaining costs Total assets Liabilities Deferred revenues Total liabilities Members' Equity Members' equity $ $ $ $ $ $ $ $ $ $ $ $ 330,841 112,660 1,669,101 914,286 1,675,679 (6,578) 56 296 984 1,280 5,320 5,320 (4,040) $ $ $ $ $ $ 331,137 113,644 1,670,381 919,606 1,680,999 (10,618) Table of Contents Recapitalization Transactions Series A Preferred Offering On June 27, 2019, funds and accounts affiliated with Axar Capital, a related party and as of the date of the transaction and December 31, 2019, the largest holder of the Company’s outstanding common shares of record, and certain other investors and the Company entered into the Series A Purchase Agreement pursuant to which the Partnership sold to the Purchasers an aggregate of 52,083,333 of the Partnership’s Series A Convertible Preferred Units (the “Preferred Units”) representing limited partner interests in the Partnership with certain rights, preferences and privileges as are set forth in the Partnership’s Third Amended Partnership Agreement dated as of June 27, 2019 at a purchase price of $1.1040 per Preferred Unit, reflecting an 8% discount to the liquidation preference of each Preferred Unit, for an aggregate purchase price of $57.5 million (the “Preferred Offering”). Senior Secured Notes Concurrently with the closing of the Preferred Offering, the Company completed a private placement of $385.0 million of 9.875%/11.500% Senior Secured Notes (the “Senior Secured Notes”) to certain financial institutions (collectively with the Preferred Offering, the “Recapitalization Transactions”). The net proceeds of the Recapitalization Transactions were used to fully repay the then-outstanding senior notes due in June 2021, retire the Company’s revolving credit facility due in May 2020 and pay the associated transaction expenses, with the remaining balance reserved for general corporate purposes. The Company has the right and expects to pay quarterly interest at a fixed rate of 7.50% per annum in cash plus a fixed rate of 4.00% per annum payable in kind through January 30, 2022. The Senior Secured Notes will require cash interest payments at 9.875% for all interest periods after January 30, 2022. Uses and Sources of Liquidity The Company’s primary sources of liquidity are cash generated from operations, the remaining balance of the proceeds from the sale of the Senior Secured Notes and proceeds from asset sales. The Company’s primary cash requirements, in addition to normal operating expenses, are for capital expenditures, net contributions to the merchandise and perpetual care trust funds and debt service. In general, as part of its operating strategy, the Company expects to fund: • • • working capital deficits through available cash, including the remaining balance of the proceeds from the sale of the Senior Secured Notes, cash generated from operations and proceeds from asset sales; expansion capital expenditures, net contributions to the merchandise and perpetual care trust funds and debt service obligations through available cash, cash generated from operations or proceeds from asset sales. Amounts contributed to the merchandise trust funds will be withdrawn at the time of the delivery of the product or service sold to which the contribution related (see "Summary of Significant Accounting Policies" section below regarding revenue recognition), which will reduce the amount of additional borrowings or asset sales needed; and any maintenance capital expenditures through available cash and cash flows from operating activities. While the Company relies heavily on its available cash and cash flows from operating activities to execute its operational strategy and meet its financial commitments and other short-term financial needs, the Company cannot be certain that sufficient capital will be generated through operations or be available to the Company to the extent required and on acceptable terms. The Company has experienced negative financial trends, including use of cash in operating activities, which, when considered in the aggregate, could raise substantial doubt about the Company’s ability to continue as a going concern. These negative financial trends include: • • the Company has continued to incur net losses for the year ended December 31, 2019 and has an accumulated deficit and negative cash flow from operating activities as of December 31, 2019, due to an increased competitive environment, increased expenses due to the consummated C-Corporation Conversion and increases in professional fees and compliance costs; and a decline in billings coupled with the increase in professional, compliance and consulting expenses that tightened the Company's liquidity position and increased reliance on long-term financial obligations. 57 Table of Contents During 2018 and 2019, the Company implemented (and will continue to implement) various actions to improve profitability and cash flows to fund operations. A summary of these actions is as follows: • • • sold an aggregate of 52,083,333 Preferred Units for an aggregate purchase price of $57.5 million and completed a private placement of $385.0 million of the Senior Secured Notes. The net proceeds of both transactions were used to fully repay the then- outstanding senior notes due in June 2021 and retire the Company’s revolving credit facility due in May 2020; continue to manage recurring operating expenses and seek to limit non-recurring operating expenses; and identify and complete sales of select assets to provide supplemental liquidity. In addition, there is no certainty that the Company's actual operating performance and cash flows will not be substantially different from forecasted results and no certainty the Company will not need amendments to the Indenture in the future and such amendments will be granted. Factors that could impact the significant assumptions used by the Company in assessing its ability to satisfy its financial covenants include the following: • • • • • • operating performance not meeting reasonably expected forecasts; failing to generate profitable sales; investments in the Company's trust funds experiencing significant declines due to factors outside its control; being unable to compete successfully with other cemeteries and funeral homes in the Company's markets; the number of deaths in the Company's markets declining; and the mix of funeral and cemetery revenues between burials and cremations. If the Company's planned, implemented and not yet implemented actions are not completed or implemented and cash savings are not realized, or the Company fails to improve its operating performance and cash flows or the Company is not able to comply with the covenants under the Indenture, the Company may be forced to limit its business activities, limit its ability to implement further modifications to its operations or limit the effectiveness of some actions that are included in its forecasts, amend its Indenture and/or seek other sources of capital, and the Company may be unable to continue as a going concern. Additionally, a failure to generate additional liquidity could negatively impact the Company's access to inventory or services that are important to the operation of the Company's business. Any of these events may have a material adverse effect on the Company's results of operations and financial condition. The ability of the Company to continue as a going concern is dependent upon achieving the action plans noted above. Based on the Company's forecasted operating performance, planned actions to improve the Company’s profitability and cash flows, the execution of the Supplemental Indenture and the Axar Commitment and the consummation of the transactions contemplated thereby, including receipt of not less than $17.0 million in proceeds from the contemplated rights offering, together with plans to file its financial statements on a timely basis consistent with the debt covenants and commitment to filing its periodic reports on a timely basis consistent with the debt covenants, the Company does not believe it is probable that it will breach the covenants under the Indenture or be unable to continue as a going concern for the next twelve-month period. As such, the consolidated financial statements for the years ended December 31, 2019 and 2018 were prepared on the basis of a going concern, which contemplates that the Company will be able to realize assets and discharge liabilities in the normal course of business. Accordingly, they do not give effect to adjustments, if any, that would be necessary should the Company be required to liquidate its assets. Summary of Significant Accounting Policies Use of Estimates The preparation of the Company’s consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions as described in this Annual Report. These estimates and assumptions may affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting periods. As a result, actual results could differ from those estimates. Cash and Cash Equivalents The Company considers all highly liquid investments purchased with an original maturity of three months or less from the time they are acquired to be cash equivalents. Cash and Cash Equivalents was $34.9 million and $18.1 million as of December 31, 2019 and December 31, 2018, respectively. 58 Table of Contents Restricted Cash Cash that is restricted from withdrawal or use under the terms of certain contractual agreements is recorded as restricted cash. Restricted cash was $21.9 million as of December 31, 2019, primarily related to cash collateralization of the Company’s letters of credit and surety bonds and the $5.0 million refundable deposit the Company received in October 2019, in connection with the non-binding letter of intent it signed for the sale of one of its properties. There was no restricted cash as of December 31, 2018. Revenues The Company's revenues are derived from contracts with customers through sale and delivery of death care products and services. Primary sources of revenue are derived from (1) cemetery and funeral home operations generated both at-need and pre-need, which are classified on the consolidated statements of operations as Interments, Merchandise and Services, (2) investment income, which includes income earned on assets maintained in perpetual care and merchandise trusts related to pre-need sales of cemetery and funeral home merchandise and services that are required to be maintained in the trust by state law and (3) interest earned on pre-need installment contracts. Investment income is presented within Investment and other for Cemetery revenue and Services for Funeral home revenue. Revenue is measured based on the consideration specified in a contract with a customer and is net of any sales incentives and amounts collected on behalf of third parties. Pre-need contracts are price guaranteed, providing for future merchandise and services at prices prevailing when the agreements are signed. Investment income is earned on certain payments received from customers on pre-need contracts, which are required by law to be deposited into the merchandise and service trusts. Amounts are withdrawn from the merchandise trusts when the Company fulfills the performance obligations. Earnings on these trust funds, which are specifically identifiable for each performance obligation, are also included in total transaction price. Pre-need contracts are generally subject to financing arrangements on an installment basis, with a contractual term not to exceed 60 months. Interest income is recognized utilizing the effective interest method. For those contracts that do not bear a market rate of interest, the Company imputes such interest based upon the prime rate at the time of origination plus 375 basis points in order to segregate the principal and interest component of the total contract value. The Company has elected to not adjust the transaction price for the effects of a significant financing component for contracts that have payment terms under one year. At the time of a non-cancellable pre-need sale, the Company records an account receivable in an amount equal to the total contract value less unearned finance income and any cash deposit paid. The revenue from both the sales and interest income from trusted funds are deferred until the merchandise is delivered or the services are performed. For a sale in a cancellable state, an account receivable is only recorded to the extent control has transferred to the customer for interment rights, merchandise or services for which the Company has not collected cash. The amounts collected from customers in states in which pre-need contracts are cancellable may be subject to refund provisions. The Company estimates the fair value of its refund obligation under such contracts on a quarterly basis and records such obligations within other long-term liabilities line item on its consolidated balance sheets. In accordance with ASC 606, the Company recognizes revenue in the amount to which the Company expect to be entitled to when it satisfies a performance obligation by transferring control over a product or service to a customer. The Company only recognizes amounts due from a customer for unfulfilled performance obligations on a cancellable pre-need contract to the extent that control has transferred to the customer for interments, merchandise or services for which the Company has not collected cash. The Company defers the recognition of any nonrefundable up-front fees and incremental direct selling costs associated with its sales contracts with a customer (i.e., commissions and bonuses) until the underlying goods or services have been delivered to the customer if the amortization period associated with the deferred nonrefundable up-front fees and incremental direct selling is greater than a year; otherwise, these nonrefundable up-front fees and incremental direct selling costs are expensed immediately. Incremental direct selling costs are recognized by specific identification. The Company calculates the deferred selling costs asset by dividing total deferred selling and obtaining expenses by total deferrable revenues and multiplying such percentage by the periodic change in gross deferred revenues. Such costs are recognized when the associated performance obligation is fulfilled based upon the net change in deferred revenues. All other selling costs are expensed as incurred In addition, the Company maintains a reserve representing the fair value of the refund obligation that may arise due to state law provisions that include a guarantee of customer funds collected on unfulfilled performance obligations and maintained in trust to the extent that the funds are refundable upon a customer’s exercise of any cancellation rights. Sales taxes assessed by governmental authorities are excluded from revenue. Any shipping and handling costs that are incurred after control over a product has transferred to a customer are accounted for as a fulfillment cost and are included in cost of goods sold. 59 Table of Contents Nature of Goods and Services The following is a description of the principal activities within the Company’s two reportable segments from which the Company generates its revenue. Cemetery Operations The Company generates revenues in its Cemetery Operations segment principally from (1) providing rights to inter remains in a specific cemetery property inventory space such as burial lots and constructed mausoleum crypts (“Interments”), (2) sales of cemetery merchandise which includes markers (i.e., method of identifying a deceased person in a burial space, crypt or niche), base (i.e., the substrate upon which a marker is placed), vault (i.e., a container installed in the burial lot in which the casket is placed), caskets, cremation niches and other cemetery related items and (3) service revenues, including opening and closing, a service of digging and refilling burial spaces to install the burial vault and place the casket into the vault, cremation services and fees for installation of cemetery merchandise. Products and services may be sold separately or in packages. For packages, the Company accounts for individual products and services separately as they are distinct (i.e., the product or service is separately identifiable from other items in the package and the customer can benefit from it on its own or with other resources that are readily available to the customer). The consideration (including any discounts) is allocated among separate products and services in a package based on their relative stand-alone selling prices. The stand-alone selling price is determined by management based upon local market conditions and reasonable ranges for both merchandise and services which is the best estimate of the stand-alone price. For items that are not sold separately (e.g., second interment rights), the Company estimates stand-alone selling prices using the best estimate of market value, using inputs such as average selling price and list price broken down by each geographic location. Additionally, the Company considers typical sales promotions that could have impacted the stand-alone selling price estimates. Interments revenue is recognized when control transfers, which is when the property is available for use by the customer. For pre-construction mausoleum contracts, the Company will only recognize revenue once the property is constructed and the customer has obtained substantially all of the remaining benefits of the property. Merchandise revenue and deferred investment earnings on merchandise trusts are recognized when a customer obtains control of the product. This usually occurs when the customer takes possession of the product (title has transferred to the customer and the merchandise is either installed or stored, at the direction of the customer, at the vendor’s warehouse or a third-party warehouse at no additional cost to the Company). The amount of revenue recognized is adjusted for expected refunds, which are estimated based on applicable law, general business practices and historical experience observed specific to the respective performance obligation. The estimate of the refund obligation is reevaluated on a quarterly basis. In addition, the Company is entitled to retain, in certain jurisdictions, a portion of collected customer payments when a customer cancels a pre-need contract; these amounts are also recognized in revenue at the time the contract is cancelled. Service revenue is recognized when the services are performed and the performance obligation is thereby satisfied. The cost of goods sold related to merchandise and services reflects the actual cost of purchasing products and performing services and the value of cemetery property depleted through the recognized sales of interment rights. The costs related to the sales of lots and crypts are determined systematically using a specific identification method under which the total value of the underlying cemetery property and the lots available to be sold at the location are used to determine the cost per lot. Funeral Home Operations The Company generates revenues in its Funeral Home Operations segment principally generates revenue from (1) sales of funeral home merchandise which includes caskets and other funeral related items and (2) service revenues, including services such as family consultation, the removal of and preparation of remains and the use of funeral home facilities for visitation and services of remembrance. The Funeral Home Operations segment also include revenues related to the sale of term and whole life insurance on an agency basis, in which the Company earns a commission from the sales of these policies. Insurance commission revenue is reported within service revenues. Products and services may be sold separately or in packages. For packages, the Company accounts for individual products and services separately as they are distinct (i.e., the product or service is separately identifiable from other items in the package and the customer can benefit from it on its own or with other resources that are readily available to the customer). The consideration (including any discounts) is allocated among separate products and services based on their relative stand-alone selling prices. The relative stand-alone selling price is determined by management's best estimate of the stand-alone price based upon the list price at each location. The revenue generated by the Company through its Funeral Home Operations segment is principally derived from at-need sales. 60 Table of Contents Merchandise revenue is recognized when a customer obtains control of the product. This usually occurs when the customer takes possession of the product (title has transferred to the customer and the merchandise is either installed or stored, at the direction of the customer, at the vendor’s warehouse or a third-party warehouse). The amount of revenue recognized is adjusted for expected refunds, which are estimated based on applicable law, general business practices and historical experience observed specific to the respective performance obligations. The estimate of the refund obligation is reevaluated on a quarterly basis. Service revenue is recognized when the services are performed and the performance obligation is thereby satisfied. Costs related to the delivery or performance of merchandise and services are charged to expense when merchandise is delivered or services are performed. Deferred Revenues Revenues from the sale of services and merchandise as well as any investment income from the merchandise trusts is deferred until such time that the services are performed or the merchandise is delivered. In addition, for amounts deferred on new contracts and investment income and unrealized gains on the Company’s merchandise trusts, deferred revenues include deferred revenues from pre-need sales that were entered into by entities prior to the Company’s acquisition of the assets of those entities. The Company provides for a profit margin for these deferred revenues to account for the projected future costs of delivering products and providing services on pre-need contracts that the Company acquired through acquisition. These revenues and their associated costs are recognized when the related merchandise is delivered or services are performed and are presented on a gross basis on the consolidated statements of operations. Accounts Receivable, Net of Allowance The Company sells pre-need cemetery contracts whereby the customer enters into arrangements for future pre-need merchandise and services. These sales are usually made using interest-bearing installment contracts not to exceed 60 months. The interest income is recorded as revenue when the interest amount is considered realizable and collectible, which typically coincides with cash payment. Interest income is not recognized until payments are collected in accordance with the contract. At the time of a pre-need sale, the Company records an account receivable in an amount equal to the total contract value less unearned finance income, unfulfilled performance obligations on cancellable contracts, and any cash deposit paid. The Company recognizes an allowance for doubtful accounts by applying a cancellation rate to amounts included in accounts receivable, which is recorded as a reduction in accounts receivable and a corresponding offset to deferred revenues. The cancellation rate is based on a five year average rate by each specific location. Management evaluates customer receivables for impairment based upon its historical experience, including the age of the receivables and the customers’ payment histories. Cemetery Property Cemetery property consists of developed and undeveloped cemetery land, constructed mausoleum crypts and lawn crypts and other cemetery property. Cemetery property is stated at cost or, upon acquisition of a business, at the fair value of the assets acquired. Property and Equipment Property and equipment is stated at cost or, upon acquisition of a business, at the fair value of the assets acquired and depreciated on a straight-line basis. Maintenance and repairs are charged to expense as incurred, whereas additions and major replacements are capitalized and depreciation is recorded over their estimated useful lives. Major classifications of property and equipment and their respective useful lives are as follows: Buildings and improvements Software and computer hardware Furniture and equipment Leasehold improvements Assets Held for Sale 10 to 40 years 3 years 3 to 10 years over the shorter of the term of the lease or the life of the asset For a long-lived asset or disposal group to be classified as held for sale all of the following criteria must be met • • Management, having authority to approve the action, commits to a plan to sell the long-lived asset or disposal group; The long-lived asset or disposal group is available for immediate sale in its present condition, subject only to terms that are usual and customary for sales of such long-lived assets (disposal groups); 61 Table of Contents • • • • An active program to locate a buyer(s) and other actions required to complete the plan to sell the long-lived asset (disposal group) have been initiated; The sale of the long-lived asset (disposal group) is probable and transfer of the long-lived asset (disposal group) is expected to qualify for recognition as a completed sale within one year; The long-lived asset (disposal group) is being actively marketed for sale at a price that is reasonable in relation to its current fair value; and Actions required to complete the plan indicate that it is unlikely that significant changes to the plan will be made or that the plan will be withdrawn. The determination to classify a site (or group of sites) as an asset held for sale requires significant estimates by the Company about the site and the level of market activity in which the site is based. Such estimates are based on factors that include recent sales of comparable sites, the extent of buyers’ interest in the site and the site’s condition. Based on these factors, the Company assesses the probability of divesting of the site under current market conditions at an acceptable price within one year. After the Company identifies a site to be held for sale, the Company discontinues depreciating the long-lived assets associated with the site and estimates the assets’ fair value, net of selling costs. If the carrying value of the assets to be classified as held for sale exceeds the Company’s estimated net fair value, the Company writes the assets down to the estimated net fair value. Assets and liabilities associated with the site to be classified as held for sale are presented separately in the Company’s consolidated balance sheets beginning with the period in which the Company decided to classify the site as held for sale. For further details of the Company’s assets held for sale, see Note 22 Assets Held For Sale of this Annual Report. Merchandise Trusts Pursuant to state law, a portion of the proceeds from pre-need sales of merchandise and services is put into trust (the "merchandise trust") until such time that the Company meets the requirements for releasing trust principal, which is generally delivery of merchandise or performance of services. All investment earnings generated by the assets in the merchandise trusts (including realized gains and losses) are deferred until the associated merchandise is delivered or the services are performed. For further details of the Company’s merchandise trusts, see Note 7 Merchandise Trusts of this Annual Report. Perpetual Care Trusts Pursuant to state law, a portion of the proceeds from the sale of cemetery property is required to be paid into perpetual care trusts. The perpetual care trust principal does not belong to the Company and must remain in this trust in perpetuity, while interest and dividends may be released and used to defray cemetery maintenance costs, which are expensed as incurred. The Company consolidates the trust into its financial statements because the trust is considered a variable interest entity for which the Company is the primary beneficiary. Earnings from the perpetual care trusts are recognized in current cemetery revenues. For further details of the Company’s perpetual care trusts, see Note 8 Perpetual Care Trusts of this Annual Report. Fair Value Measurements The Company measures the available-for-sale securities held by its merchandise and perpetual care trusts at fair value on a recurring basis. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Company utilizes a three-level valuation hierarchy for disclosure of fair value measurements. The valuation hierarchy is based upon the transparency of inputs to the valuation of the asset or liability as of the measurement date. The three levels are defined as follows: • • • Level 1 – inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets; Level 2 – inputs to the valuation methodology include quoted prices for similar assets or liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument; and Level 3 – inputs to the valuation methodology are unobservable and significant to the fair value measurement. The categorization of the asset or liability within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Reclassifications of fair value between Level 1, Level 2 and Level 3 of the fair value hierarchy, if applicable, are made at the end of each quarter. For additional disclosures on the Company’s available-for-sale securities, refer to Note 7 Merchandise Trusts and Note 8 Perpetual Care Trusts. Inventories Inventories are classified within Other current assets on the Company’s consolidated balance sheets and include cemetery and funeral home merchandise valued at the lower of cost or net realizable value. Cost is determined primarily on a specific identification basis using a first-in, first-out method. Inventories were approximately $5.9 million and $7.5 million at December 62 Table of Contents 31, 2019 and 2018, respectively. Refer to Note 3 Impairment and Other Losses for further information regarding impairment of inventories. Impairment of Long-Lived Assets The Company monitors the recoverability of long-lived assets, including cemetery property, property and equipment and other assets, based on estimates using factors such as current market value, future asset utilization, business and regulatory climate and future undiscounted cash flows expected to result from the use of the related assets, at a location level. The Company’s policy is to perform step 1 of the long-lived asset impairment test prescribed by ASC 360, Property, Plant and Equipment (the “ASC 360 Asset Impairment Test”) every reporting period for all of its cemetery property and funeral home locations; for any location that has an operating loss for the current reporting period, a trend of operating losses over the current fiscal year and/or a trend of operating losses over the previous five fiscal years, the Company then performs step 2 of the ASC 360 Asset Impairment Test. If step 2 indicates the carrying value of any of the Company’s locations is not recoverable, as a result of the sum of expected future undiscounted cash flows for the location being less than the carrying value of the location, the Company records an impairment charge to write-down the location to its fair value. Other-Than-Temporary Impairment of Trust Assets The Company determines whether or not the impairment of a fixed maturity debt security is other-than-temporary by evaluating each of the following: • • Whether it is the Company’s intent to sell the security. If there is intent to sell, the impairment is considered to be other-than-temporary. If there is no intent to sell, the Company evaluates if it is not more likely than not that it will be required to sell the debt security before its anticipated recovery. If the Company determines that it is more likely than not that it will be required to sell an impaired investment before its anticipated recovery, the impairment is considered to be other-than-temporary. The Company further evaluates whether or not all assets in the trusts have other-than-temporary impairments based upon a number of criteria including the severity of the impairment, length of time a security has been in a loss position, changes in market conditions and concerns related to the specific issuer. If an impairment is considered to be other-than-temporary, the cost basis of the security is adjusted downward to its fair value. For assets held in the perpetual care trusts, any reduction in the cost basis due to an other-than-temporary impairment is offset with an equal and opposite reduction in the perpetual care trust corpus and has no impact on earnings. For assets held in the merchandise trusts, any reduction in the cost basis due to an other-than-temporary impairment is recorded in deferred revenue. Goodwill The Company tested goodwill for impairment at least annually or if impairment indicators arose by comparing its reporting units’ estimated fair values to carrying values. Because quoted market prices for the reporting units were not available, the Company’s management had to apply judgment in determining the estimated fair value of its reporting units. Management used all available information to make these fair value determinations, including the present values of expected future cash flows using discount rates commensurate with the risks involved in the Company’s assets and the available market data of the industry group. A key component of these fair value determinations was a reconciliation of the sum of the fair value calculations to the Company’s market capitalization. The observed market prices of individual trades of an entity’s equity securities (and thus its computed market capitalization) may not be representative of the fair value of the entity as a whole. Due to a decline in the market value of the Company’s unit values and the Company’s significant under-performance relative to historical or projected future operating results noted during the nine months ended September 30, 2019, management conducted an interim goodwill impairment assessment as of September 30, 2019. As a result of such assessment, management concluded on November 4, 2019 that the carrying value of the only reporting unit to which the Company allocated its goodwill, Cemetery Operations, exceeded its fair value, and the Company’s goodwill was fully impaired as of September 30, 2019. For further details on the Company’s impairment of its goodwill, see Note 3 Impairment and Other Losses and Note 9 Goodwill and Intangible Assets of this Annual Report. 63 Table of Contents Intangible Assets The Company has other acquired intangible assets, most of which have been recognized as a result of acquisitions and long-term lease, management and operating agreements. The Company amortizes these intangible assets over their estimated useful lives and periodically tests them for impairment. Taxes The Company is subject to U.S. federal income taxes, and a provision for U.S. federal income tax has been provided in the consolidated statements of operations for the years ended December 31, 2019 and 2018. The Company is also responsible for certain state income and franchise taxes in the states in which it operates. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis and tax carryforwards, if applicable. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in earnings in the period that includes the enactment date. The Company recognizes interest accrued related to unrecognized tax benefits, if any, in income tax expense in the consolidated statements of operations. For further details, see Note 12 Income Taxes of this Annual Report. Stock-Based Compensation The Company has a long-term incentive plan under which it is authorized to grant stock-based compensation awards, such as restricted stock or restricted units to be settled in common stock and non-qualified stock options (“stock options”). The Company recognizes compensation expense in an amount equal to the fair value of the stock-based awards on the date of grant over the requisite service period. The fair value of restricted stock awards and restricted stock unit awards is determined based on the number of restricted stock or restricted stock units granted and the closing price of the Company’s common stock on the date of grant. The fair value of stock options is determined by applying the Black-Scholes model to the grant-date market value of the underlying common stock of the Company. The Company has elected to recognize forfeiture credits for these stock-based compensation awards as they are incurred, as this method best reflects actual stock-based compensation expense. Tax deductions on the stock-based compensation awards are not realized until the stock-based compensation awards are vested or exercised. The Company recognizes deferred tax assets for stock-based compensation awards that will result in future deductions on its income tax returns, based on the amount of stock-based compensation recognized at the statutory tax rate in the jurisdiction in which the Company will receive a tax deduction. If the tax deduction for a stock-based compensation award is greater than the cumulative GAAP compensation expense for that stock-based compensation award upon realization of a tax deduction, an excess tax benefit will be recognized and recorded as a favorable impact on the effective tax rate. If the tax deduction for a stock-based compensation award is less than the cumulative GAAP compensation expense for that stock-based compensation award upon realization of the tax deduction, a tax shortfall will be recognized and recorded as an unfavorable impact on the effective tax rate. Any excess tax benefits or shortfalls will be recorded discretely in the period in which they occur. The cash flows resulting from any excess tax benefit will be classified as financing cash flows in the Company’s consolidated statements of cash flows. The Company provides its employees with the election to settle the income tax obligations arising from the vesting of their restricted stock-based compensation awards by the Company withholding stock equal to such income tax obligations. Stock acquired from employees in connection with the settlement of the employees’ income tax obligations on these stock-based compensation awards are accounted for as treasury shares that are subsequently retired. Restricted stock awards, restricted stock units and stock options are not considered issued and outstanding for purposes of earnings per share calculations until vested. For further details on the Company’s stock-based compensation plans, see Note 14 Long-Term Incentive Plan of this Annual Report. 64 Table of Contents Leases The Company leases a variety of assets throughout its organization, such as office space, funeral homes, warehouses and equipment. The Company has both operating and finance leases. The Company’s operating leases primarily include office space, funeral homes and equipment. The Company’s finance leases primarily consist of vehicles and certain IT equipment. The Company determines whether an arrangement is or contains a lease at the inception of the arrangement based on the facts and circumstances in each contract. Leases with an initial term of 12 months or less are not recorded on the balance sheet and the Company recognizes lease expense for these leases on a straight-line basis over the lease term. For lease agreements with an initial term in excess of 12 months, the Company records the lease liability and Right of Use (“ROU”) asset at commencement date based upon the present value of the sum of the remaining minimum rental payments, which exclude executory costs. Certain adjustments to the ROU asset may be required for items such as initial direct costs paid or incentives received. Certain leases provide the Company with the option to renew for additional periods, with renewal terms that can extend the lease term for periods ranging from 1 to 30 years. Where leases contain escalation clauses, rent abatements and/or concessions, the Company applies them in the determination of lease expense. The exercise of lease renewal options is at the Company’s sole discretion, and the Company only includes the renewal option in the lease term when the Company can be reasonably certain that it will exercise the additional options. As most of the Company’s leases do not provide an implicit rate, the Company uses its incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. The Company evaluates the term of the lease, type of asset and its weighted average cost of capital to determine its incremental borrowing rate used to measure the ROU asset and lease liability. The Company calculates operating lease expense ratably over the lease term plus any reasonably assured renewal periods. The Company considers reasonably assured renewal options, fixed escalation provisions and residual value guarantees in its calculation. Leasehold improvements are amortized over the shorter of the lease term or asset life, which may include renewal periods where the renewal is reasonably assured, and are included in the determination of straight-line rent expense. The depreciable life of assets and leasehold improvements are generally limited by the expected lease term. The Company’s leases also typically have lease and non-lease components, which are generally accounted for separately and not included in the measurement of the ROU asset and lease liability. Net Loss per Common Share (Basic and Diluted) Basic net loss per common share is computed by dividing net loss attributable to common stockholders by the weighted average number of common shares outstanding during the period. Diluted net loss per common share is calculated by dividing net loss attributable to common shares by the sum of the weighted-average number of outstanding common shares and the dilutive effect of share-based awards, as calculated by the treasury stock or if converted methods, as applicable. These awards consist of common shares that are contingently issuable upon the satisfaction of certain vesting conditions for stock awards granted under the 2019 Plan. The following table sets forth the reconciliation of the Company’s weighted-average number of outstanding common shares as of December 31, 2019 and common limited partner units as of December 31, 2018 used to compute basic net loss attributable to common shares and common limited partners per unit, respectively, with those used to compute diluted net loss per common share and per common limited partners unit, respectively, (in thousands): Weighted average number of outstanding common shares—basic(1) Plus effect of dilutive incentive awards(2) Restricted shares Stock options Weighted average number of outstanding common shares—diluted(1) Year Ended December 31, 2019 2018 39,614 — 63 39,677 37,959 — — 37,959 (1) (2) For the period following the C-Corporation Conversion, represents common shares, and for the period prior to the C-Corporation Conversion, represents limited common partner units. For the years ended December 31, 2019 and 2018, the diluted weighted-average number of outstanding common shares and limited partner units presented, respectively, on the consolidated statement of operations does not include 515,625 65 Table of Contents restricted common shares and 1,333,572 common limited partners units, respectively, as their effects would have been anti-dilutive. Advertising Costs Advertising costs are expensed as incurred. For the years ended December 31, 2019 and 2018, advertising costs were $9.2 million and $6.9 million, respectively. Recently Adopted Accounting Standards Leases The Company adopted Accounting Standards Update (“ASU”) No. 2016-02, Leases (Topic 842) (“ASU 2016-02”), and subsequently-issued related ASUs, using the modified retrospective approach, as of January 1, 2019. The core principle of ASU 2016-02 is that all leases create an asset and a liability for lessees and recognition of those lease assets and lease liabilities represents an improvement over previous GAAP, which did not require lease assets and lease liabilities to be recognized for most leases or disclosure of key information about leasing arrangements. In addition, the new standard offers specific accounting guidance for lessees and lessors, including for sale and leaseback transactions. Lessees and lessors are required to disclose qualitative and quantitative information about leasing arrangements to enable a user of the financial statements to assess the amount, timing and uncertainty of cash flows arising from leases. ASU 2016-02 provides for certain practical expedients when adopting the guidance. The Company elected the package of practical expedients allowing the Company to not reassess whether any expired or existing contracts are or contain leases, the lease classification for any expired or existing leases or initial direct costs for any expired or existing leases. The Company did not apply the hindsight practical expedient. The Company applied the land easements practical expedient allowing the Company to not assess whether any expired or existing land easements are or contain leases, if they were not previously accounted for as leases under the existing leasing guidance. Instead, the Company will continue to apply its existing accounting policies to historical land easements. The Company elected to apply the short-term lease exception; therefore, it did not record a ROU asset or corresponding lease liability for leases with a term of 12 months or less and instead recognized a single lease cost allocated over the lease term, generally on a straight-line basis. The Company is separating lease components from non-lease components, as it did not elect the applicable practical expedient. The Company excluded maintenance, taxes and insurance costs from the calculation of the initial lease liability in the transition period. Non-lease components are accounted for separately from the lease, recorded as maintenance expense, taxes or insurance expense and expensed as incurred. The Company adopted the new guidance on January 1, 2019 and as a result of the adoption, the Company recorded in its consolidated financial statements for fiscal year 2019 the following adjustments as of January 1, 2019: • • • • • a $1.1 million reclassification from Intangible assets to Other assets for below market lease intangibles; a $0.1 million and $0.2 million reclassification from Accounts payable and accrued liabilities and Other long-term liabilities, respectively, to Other assets for a deferred gain on a sale leaseback transaction; a $0.3 million and $3.5 million reclassification from Accounts payable and accrued liabilities and Other long-term liabilities, respectively, to Other assets for a rent incentive; a $15.3 million increase to Other assets for operating lease right-of-use assets; and a $2.2 million and $13.1 million increase to Accounts payable and accrued liabilities and Other long-term liabilities, respectively, for operating lease liabilities. The foregoing adjustments resulted in the creation of a net ROU asset of $12.3 million and operating lease liability of $15.3 million as of the adoption date. In connection with the adoption of these new lease standards, the Company implemented internal controls to ensure that its contracts are properly evaluated to determine applicability under ASU 2016-02 and that the Company properly applies ASU 2016-02 in accounting for and reporting on all its qualifying leases. Stock Compensation In June 2018, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2018-07, Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting, to simplify the accounting for share-based payments to nonemployees by aligning it with the accounting for share-based payments to employees. This amendment is effective for fiscal 66 Table of Contents years and interim periods within fiscal years beginning after December 15, 2018. The Company adopted this standard effective January 1, 2019. The adoption of this standard did not have an impact on the Company’s consolidated financial statements, as the Company had only issued units to employees and nonemployee directors and had previously recognized its nonemployee directors unit-based payments in line with its recognition of unit-based payments to employees, using the grant-date fair value of the equity instruments issued, amortized over the requisite service period. Variable Interest Entities In October 2018, FASB issued ASU No. 2018-17, Consolidation (Topic 810): Targeted Improvements to Related Party Guidance for Variable Interest Entities (“ASU 2018-17”). The core principle of ASU 2018-17 is that indirect interests held through related parties in common control arrangements should be considered on a proportional basis for determining whether fees paid to decision makers and service providers are variable interests. ASU 2018-17 is effective for fiscal years beginning after December 15, 2019. The Company adopted the requirements of this amendment upon its effective date of January 1, 2020 retrospectively. The adoption of this standard did not impact the Company’s consolidated financial statements or related disclosures upon adoption, because the Company did not, and currently does not, have any indirect interests through related parties under common control for which it receives decision-making fees. Fair Value Measurement In August 2018, FASB issued ASU No. 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement (“ASU 2018-13”). This standard removed, modified and added disclosure requirements from ASC 820, Fair Value Measurements. ASU 2018-13 is effective for fiscal years beginning after December 15, 2019. The adoption of this standard is not expected to have a significant impact on the Company’s consolidated financial statements as of and for the year ended December 31, 2020, as this standard primarily addresses disclosure requirements for Level 3 fair value measurements. Currently, the Company does not have any fair value instruments that would be classified as Level 3 on the fair value hierarchy. Internal-Use Software In August 2018, FASB issued ASU No. 2018-15, Intangibles - Goodwill and Other - Internal-Use Software: Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement that is a Service Contract. The amendments in this standard aligned the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal-use software license). ASU No. 2018-15 is effective for annual periods beginning after December 15, 2019. The Company adopted the requirements of this amendment upon its effective date of January 1, 2020 prospectively. The Company will apply the requirements of this standard to the costs it incurs implementing its new enterprise resource planning software in 2020. Recently Issued Accounting Standard Updates - Not Yet Effective Credit Losses In June 2016, FASB issued ASU No. 2016-13, Credit Losses (Topic 326) ("ASU 2016-13"). The core principle of ASU 2016-13 is that all assets measured at amortized cost basis should be presented at the net amount expected to be collected using historical experience, current conditions and reasonable and supportable forecasts as a basis for credit loss estimates, instead of the probable initial recognition threshold used under current GAAP. In November 2018, FASB issued ASU No. 2018-19, Codification Improvements to Topic 326, Financial Instruments-Credit Losses (“ASU 2018-09”), which clarified that receivables arising from operating leases are not within the scope of Accounting Standards Codification (“ASC”) 326-20, Financial Instruments-Credit Losses-Measured at Amortized Cost, and should be accounted for in accordance with ASC 842, Leases. In April 2019, FASB issued ASU No. 2019-04, Codification Improvements to Topic 326, Financial Instruments-Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments (“ASU 2019-04”), which includes clarifications to the amendments issued in ASU 2016-13. In May 2019, FASB issued ASU No. 2019-05, Financial Instruments-Credit Losses (Topic 326), which provides entities that have certain instruments within the scope of ASC 326-20 with an option to irrevocably elect the fair value option in ASC 825, Financial Instruments, upon adoption of ASU 2016-13. In November 2019, FASB issued ASU No. 2019-10, Financial Instruments-Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842) (“ASU 2019-10”), which modifies the effective dates for ASU 2016-13, ASU 2017-12 and ASU 2016-02 to reflect the FASB’s new policy of staggering effective dates between larger public companies and all other companies. With the issuance of ASU 2019-10, the Company’s effective date for adopting all amendments related to the new credit loss standard has been extended to January 1, 2023. In November 2019, FASB also issued ASU No. 2019-11, Codification Improvements to Topic 326, Financial Instruments- Credit Losses (“ASU 2019-11”), which includes clarifications to and 67 Table of Contents addresses specific stakeholders’ issues concerning the amendments issued in ASU 2016-13. The Company plans to adopt the requirements of these amendments upon their effective date of January 1, 2023, using the modified-retrospective method and is evaluating the potential impact of the adoption on its financial position, results of operations and related disclosures. Taxes In December 2019, FASB issued ASU No. 2019-12, Income Taxes (Topic 340) (“ASU 2019-12”), with the intent to simplify the accounting for income taxes. ASU 2019-12 removes certain exceptions for recognizing deferred taxes for investments, performing intraperiod allocation and calculating income taxes in interim periods. ASU 2019-12 also adds guidance to reduce complexity in certain tax accounting areas, including recognizing deferred taxes for tax goodwill and allocating taxes to members of a consolidated group. ASU 2019-12 is effective for annual periods beginning after December 15, 2021. The Company plans to adopt the requirements of this amendment upon its effective date of January 1, 2022 retrospectively and is evaluating the potential impact of the adoption on its financial position, results of operations and related disclosures. 2. ACQUISITIONS The Company did not complete any acquisitions during the year ended December 31, 2019. On January 19, 2018, the Company acquired six cemetery properties in Wisconsin and their related assets, net of certain assumed liabilities, for cash consideration of $2.5 million, of which $0.8 million was paid at closing. These properties had been managed by the Company since August 2016. The Company accounted for the purchase of these properties, which were not material individually or in the aggregate, under the acquisition method of accounting. 3. IMPAIRMENT AND OTHER LOSSES Goodwill Impairment Assessment Due to a decline in the market value of the Company’s unit values and the Company’s significant under-performance relative to historical or projected future operating results noted during the nine months ended September 30, 2019, management conducted an interim goodwill impairment assessment as of September 30, 2019. As a result of such assessment, management concluded on November 4, 2019 that the carrying value of the only reporting unit to which the Company allocated its goodwill, Cemetery Operations, exceeded its fair value, and the Company’s goodwill was fully impaired as of September 30, 2019. The Company recognized a $24.9 million impairment charge included in Loss on impairment of goodwill in the accompanying consolidated statement of operations for the year ended December 31, 2019. Refer to Note 9 Goodwill and Intangible Assets for further details on the Company’s goodwill. Impairment of Long-Lived Assets During each reporting period for the years ended December 31, 2019 and 2018, the Company performed step 1 of the ASC 360 Asset Impairment Test and identified all cemetery property and funeral home locations with an operating loss for the current reporting period, a trend of operating losses over the current fiscal year and/or a trend of operating losses over the previous five fiscal years. Of those locations identified during step 1, the Company recorded impairments for those locations for which step 2 of the ASC 360 Asset Impairment Test indicated the locations’ carrying values may not be recoverable. As a result of performing step 1 and step 2 of the ASC 360 Asset Impairment Test, the Company recorded a $2.8 million impairment charge for certain cemetery property locations, which is included in Other losses, net in the accompanying consolidated statements of operations, during each of the years ended December 31, 2019 and 2018. Termination of Management Agreement The Company operates certain of its cemeteries under long-term leases, operating agreements and management agreements. On May 10, 2019, the Company terminated one of the management agreements and recorded a $2.1 million loss, which is included in Other losses, net in the accompanying consolidated statement of operations for the year ended December 31, 2019. Inventory Merchandise is sold to both at-need and pre-need customers. Merchandise allocated to service pre-need contractual obligations is recorded at cost and managed and stored by the Company until the Company services the underlying customer contract. Merchandise stored at certain locations may be exposed to changes in weather conditions. Primarily due to weather related deterioration over a number of years, the Company recorded inventory impairment charges of approximately $3.4 million for the year ended December 31, 2018. This impairment loss related to damaged and excess inventory and is included in Cost of 68 Table of Contents goods sold for the year ended December 31, 2018 in the accompanying consolidated statement of operations as this merchandise was utilized to fulfill the Company’s contractual obligations to at-need and pre-need customers. Due to enhanced inventory control procedures implemented in late 2018, the Company determined that certain merchandise inventory allocated to pre-need customers had been damaged due to weather related deterioration occurring over a number of years or had otherwise been deemed impractical for use by management as a result of past operating practices relating to inventory. During 2019 and 2018, the Company recorded estimated impairment losses of approximately $2.6 million and $8.9 million, respectively, related to this damaged and unusable merchandise. The impairment losses are included in Other losses in the accompanying consolidated statements of operations for the years ended December 31, 2019 and 2018. The losses recorded represent management’s best estimate, and were based on estimates and assumptions that have been deemed reasonable by management and included percentages of merchandise deemed unusable. Management’s assessment process relied on estimates and assumptions that are inherently uncertain, and unanticipated events or circumstances may occur that might cause the Company to change those estimates and assumptions. Software During 2017 and 2018, the Company initiated two software implementation projects to enhance its Lawson ERP System with a cash reconciliation module and lease accounting module, respectively. However, during the fourth quarter of 2019, the Company determined these two software implementation projects were not viable and terminated them. The Company recognized a $0.5 million impairment related to these two unviable software implementation projects. 4. ACCOUNTS RECEIVABLE, NET OF ALLOWANCE Long-term accounts receivable, net, consisted of the following at the dates indicated (in thousands): Customer receivables Unearned finance income Allowance for doubtful accounts Accounts receivable, net of allowance Less: Current portion, net of allowance Long-term portion, net of allowance Activity in the allowance for doubtful accounts was as follows (in thousands): Balance, beginning of period Cumulative effect of accounting changes Provision for doubtful accounts Charge-offs, net Balance, end of period Management evaluates customer receivables for impairment based upon its historical experience, including the age of the receivables and the customers’ payment histories. 5. CEMETERY PROPERTY Cemetery property consisted of the following at the dates indicated (in thousands): Cemetery land Mausoleum crypts and lawn crypts Cemetery property December 31, 2019 December 31, 2018 $ $ $ $ $ $ 153,530 (16,303) (5,884) 131,343 55,794 75,549 4,941 — 7,559 (6,616) 5,884 249,260 71,345 320,605 $ $ $ $ $ $ December 31, 2019 December 31, 2019 167,017 (17,000) (4,941) 145,076 57,928 87,148 19,795 (12,876) 7,358 (9,336) 4,941 255,708 75,429 331,137 December 31, 2018 December 31, 2018 The Company recorded an impairment of cemetery property during the years ended December 31, 2019 and 2018. For further details see Note 3 Impairment and Other Losses of this Annual Report. 69 Table of Contents 6. PROPERTY AND EQUIPMENT Property and equipment consisted of the following at the dates indicated (in thousands): Buildings and improvements Furniture and equipment Funeral home land Property and equipment, gross Less: Accumulated depreciation Property and equipment, net of accumulated depreciation Depreciation expense was $9.4 million and $9.9 million for the years ended December 31, 2019 and 2018, respectively. 7. MERCHANDISE TRUSTS December 31, 2019 December 31, 2018 $ $ 125,382 57,674 14,185 197,241 (93,841) 103,400 $ $ 129,971 58,706 14,185 202,862 (90,146) 112,716 At December 31, 2019 and 2018 the Company’s merchandise trusts consisted of investments in debt and equity marketable securities and cash equivalents, both directly and through mutual and investment funds. All of these investments are carried at fair value. All of these investments are subject to the fair value hierarchy and considered either Level 1 or Level 2 assets pursuant to the three-level hierarchy described in Note 18 Fair Value of Financial Instruments. There were no Level 3 assets in the Company’s merchandise trusts. When the Company receives a payment from a pre-need customer, the Company deposits the amount required by law into the merchandise trusts that may be subject to cancellation on demand by the pre-need customer. The Company’s merchandise trusts related to states in which pre-need customers may cancel contracts with the Company comprises 53.6% of the total merchandise trust as of December 31, 2019. The merchandise trusts are variable interest entities (“VIE”) of which the Company is deemed the primary beneficiary. The assets held in the merchandise trusts are required to be used to purchase the merchandise and provide the services to which they relate. If the value of these assets falls below the cost of purchasing such merchandise and providing such services, the Company may be required to fund this shortfall. The Company included $9.7 million and $8.7 million of investments held in trust as required by law by the West Virginia Funeral Directors Association at December 31, 2019 and 2018 respectively, in its merchandise trust assets. These trusts are recognized at their account value, which approximates fair value. A reconciliation of the Company’s merchandise trust activities for the years ended December 31, 2019 and 2018 is presented below (in thousands): Balance—beginning of period Contributions Distributions Interest and dividends Capital gain distributions Realized gains and losses, net Other than temporary impairment Taxes Fees Unrealized change in fair value Total Less: Assets held for sale Balance—end of period Year ended December 31, 2019 2018 $ $ 488,248 54,742 (59,776) 29,367 1,699 3,246 (6,056) (556) (4,268) 17,219 523,865 (6,673) 517,192 $ $ 515,456 66,408 (79,862) 27,228 543 (1,012) (28,555) (347) (3,855) (7,756) 488,248 — 488,248 During the years ended December 31, 2019 and 2018, purchases of available for sale securities were approximately $54.4 million and $117.7 million, respectively. During the years ended December 31, 2019 and 2018, sales, maturities and paydowns of available for sale securities were approximately $38.1 million and $109.5 million, respectively. Cash flows from pre-need contracts are presented as operating cash flows in the Company’s consolidated statement of cash flows. 70 Table of Contents The cost and market value associated with the assets held in the merchandise trusts as of December 31, 2019 and 2018 were as follows (in thousands): December 31, 2019 Short-term investments Fixed maturities: U.S. governmental securities Corporate debt securities Total fixed maturities Mutual funds—debt securities Mutual funds—equity securities Other investment funds(1) Equity securities Other invested assets Total investments West Virginia Trust Receivable Total Less: Assets held for sale Total (1) Fair Value Hierarchy Level 1 Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value $ 144,610 $ — $ — $ 2 2 1 1 1 2 $ $ 456 783 1,239 67,801 46,609 213,024 24,386 8,360 506,029 9,651 515,680 (6,369) 509,311 $ $ 6 14 20 1,857 1,744 6,366 1,327 32 11,346 — 11,346 (304) 11,042 $ $ (65) (133) (198) (6) — (2,953) (4) — (3,161) — (3,161) — (3,161) $ $ 144,610 397 664 1,061 69,652 48,353 216,437 25,709 8,392 514,214 9,651 523,865 (6,673) 517,192 Other investment funds are measured at fair value using the net asset value per share practical expedient and have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Company’s consolidated balance sheet. This asset class is composed of fixed income funds and equity funds, which have redemption periods ranging from 1 to 30 days, and private credit funds, which have lockup periods of one to six years with three potential one year extensions at the discretion of the funds’ general partners. As of December 31, 2019, there were $57.3 million in unfunded investment commitments to the private credit funds, which are callable at any time. December 31, 2018 Short-term investments Fixed maturities: U.S. governmental securities Corporate debt securities Total fixed maturities Mutual funds—debt securities Mutual funds—equity securities Other investment funds(1) Equity securities Other invested assets Total investments West Virginia Trust Receivable Total Fair Value Hierarchy Level 1 Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value $ 16,903 $ — $ — $ 2 2 1 1 1 2 $ $ 392 1,311 1,703 187,840 45,023 210,655 18,097 8,398 488,619 8,663 497,282 $ $ — 29 29 262 110 388 1,327 2 2,118 — 2,118 $ $ (147) (328) (475) (2,645) (18) (7,784) (213) (17) (11,152) — (11,152) $ $ 16,903 245 1,012 1,257 185,457 45,115 203,259 19,211 8,383 479,585 8,663 488,248 (1) Other investment funds are measured at fair value using the net asset value per share practical expedient and have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Company’s consolidated balance sheet. This asset class is composed of fixed income funds and equity funds, which have redemption periods ranging from 1 to 30 days, and private credit funds, which have lockup periods of two to seven years with three potential one year extensions at the discretion of the funds’ general partners. As of December 31, 2018, there were $71.0 million in unfunded investment commitments to the private credit funds, which are callable at any time. 71 Table of Contents The contractual maturities of debt securities as of December 31, 2019 and 2018 were as follows below (in thousands): December 31, 2019 U.S. governmental securities Corporate debt securities Total fixed maturities December 31, 2018 U.S. governmental securities Corporate debt securities Total fixed maturities Temporary Declines in Fair Value Less than 1 year Less than 1 year 112 101 213 — 68 68 $ $ $ $ $ $ $ $ 1 year through 5 years 1 year through 5 years 78 546 624 137 873 1,010 $ $ $ $ 6 years through 10 years 6 years through 10 years 193 16 209 108 55 163 $ $ $ $ More than 10 years More than 10 years The Company evaluates declines in fair value below cost for each asset held in the merchandise trusts on a quarterly basis. An aging of unrealized losses on the Company’s investments in debt and equity securities within the merchandise trusts as of December 31, 2019 and 2018 is presented below (in thousands): December 31, 2019 Fixed maturities: U.S. governmental securities Corporate debt securities Total fixed maturities Mutual funds—debt securities Mutual funds—equity securities Other investment funds Equity securities Other invested assets Total December 31, 2018 Fixed maturities: U.S. governmental securities Corporate debt securities Total fixed maturities Mutual funds—debt securities Mutual funds—equity securities Other investment funds Equity securities Other invested assets Total Less than 12 months 12 months or more Fair Value Unrealized Losses Fair Value Unrealized Losses Total Fair Value Unrealized Losses $ $ $ $ 90 198 288 241 — 54,782 3 — 55,314 $ $ Less than 12 months Fair Value Unrealized Losses — 103 103 46,005 131 169,929 — — 216,168 $ $ 1 29 30 6 — 2,953 4 — 2,993 — 2 2 2,011 18 7,784 — 4 9,819 $ $ $ $ 397 424 821 — — — — — 821 $ $ 12 months or more Fair Value Unrealized Losses 243 549 792 1,195 — — 597 790 3,374 $ $ 64 104 168 — — — — — 168 147 326 473 634 — — 213 13 1,333 $ $ $ $ 487 622 1,109 241 — 54,782 3 — 56,135 $ $ Total Fair Value Unrealized Losses 243 652 895 47,200 131 169,929 597 790 219,542 $ $ 147 328 475 2,645 18 7,784 213 17 11,152 For all securities in an unrealized loss position, the Company evaluated the severity of the impairment and length of time that a security has been in a loss position and concluded the decline in fair value below the asset’s cost was temporary in nature. In addition, the Company is not aware of any circumstances that would prevent the future market value recovery for these securities. Other-Than-Temporary Impairment of Trust Assets The Company assesses its merchandise trust assets for other-than-temporary declines in fair value on a quarterly basis. During the year ended December 31, 2019, the Company determined, based on its review, that there were 102 securities with an 72 13 — 13 — 16 16 65 133 198 6 — 2,953 4 — 3,161 Table of Contents aggregate cost basis of approximately $178.2 million and an aggregate fair value of approximately $172.2 million, resulting in an impairment of $6.1 million, with such impairment considered to be other-than-temporary due to credit indicators. During the year ended December 31, 2018, the Company determined, based on its review, that there were 214 securities with an aggregate cost basis of approximately $285.5 million and an aggregate fair value of approximately $256.9 million, resulting in an impairment of $28.6 million, with such impairment considered to be other-than-temporary due to credit indicators. Accordingly, the Company adjusted the cost basis of these assets to their current value and offset these changes against deferred merchandise trust revenue. These adjustments to deferred revenue will be reflected within the Company’s consolidated statements of operations in future periods as the underlying merchandise is delivered or the underlying service is performed. 8. PERPETUAL CARE TRUSTS At December 31, 2019 and 2018 the Company’s perpetual care trusts consisted of investments in debt and equity marketable securities and cash equivalents, both directly as well as through mutual and investment funds. All of these investments are carried at fair value. All of the investments subject to the fair value hierarchy are considered either Level 1 or Level 2 assets pursuant to the three-level hierarchy described in Note 18 Fair Value of Financial Instruments. There were no Level 3 assets in the Company’s perpetual care trusts. The perpetual care trusts are VIEs for which the Company is the primary beneficiary. A reconciliation of the Company’s perpetual care trust activities for the year ended December 31, 2019 and 2018 is presented below (in thousands): Balance—beginning of period Contributions Distributions Interest and dividends Capital gain distributions Realized gains and losses, net Other than temporary impairment Taxes Fees Unrealized change in fair value Total Less: Assets held for sale Balance—end of period Year ended December 31, 2019 2018 $ $ 330,562 7,575 (20,598) 20,201 2,112 3,121 (3,941) (547) (3,176) 10,780 346,089 (2,470) 343,619 $ $ 339,928 13,162 (18,390) 22,198 808 473 (18,038) (237) (4,412) (4,930) 330,562 — 330,562 During the year ended December 31, 2019 and 2018, purchases of available for sale securities were approximately $46.4 million and $59.4 million, respectively. During the year ended December 31, 2019 and 2018, sales, maturities and paydowns of available for sale securities were approximately $29.0 million and $51.1 million, respectively. Cash flows from perpetual care trust related contracts are presented as operating cash flows in the Company’s consolidated statements of cash flows. 73 Table of Contents The cost and market value associated with the assets held in the perpetual care trusts as of December 31, 2019 and 2018 were as follows (in thousands): December 31, 2019 Short-term investments Fixed maturities: U.S. governmental securities Corporate debt securities Total fixed maturities Mutual funds—debt securities Mutual funds—equity securities Other investment funds(1) Equity securities Other invested assets Total investments Less: Assets held for sale Total Fair Value Hierarchy Level 1 Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value $ 50,358 $ — $ — $ 2 2 1 1 1 2 $ $ 1,069 2,020 3,089 49,963 16,698 186,355 30,423 16 336,902 (2,416) 334,486 $ $ 32 22 54 1,439 1,617 10,526 1,333 — 14,969 (54) 14,915 $ $ (52) (142) (194) (38) (66) (5,472) (12) — (5,782) — (5,782) $ $ 50,358 1,049 1,900 2,949 51,364 18,249 191,409 31,744 16 346,089 (2,470) 343,619 (1) Other investment funds are measured at fair value using the net asset value per share practical expedient and have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Company’s consolidated balance sheet. This asset class is composed of fixed income funds and equity funds, which have a redemption period ranging from 1 to 30 days, and private credit funds, which have lockup periods ranging from one to seven years with three potential one year extensions at the discretion of the funds’ general partners. As of December 31, 2019 there were $62.4 million in unfunded investment commitments to the private credit funds, which are callable at any time. December 31, 2018 Short-term investments Fixed maturities: U.S. governmental securities Corporate debt securities Total fixed maturities Mutual funds—debt securities Mutual funds—equity securities Other investment funds(1) Equity securities Other invested assets Total investments Fair Value Hierarchy Level 1 Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value $ 12,835 $ — $ — $ 2 2 1 1 1 2 $ 960 4,883 5,843 108,451 19,660 165,284 20,025 56 332,154 $ 4 161 165 227 304 3,039 826 20 4,581 $ (121) (321) (442) (837) (142) (4,607) (145) — (6,173) $ 12,835 843 4,723 5,566 107,841 19,822 163,716 20,706 76 330,562 (1) Other investment funds are measured at fair value using the net asset value per share practical expedient and have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Company’s consolidated balance sheet. This asset class is composed of fixed income funds and equity funds, which have a redemption period ranging from 1 to 30 days, and private credit funds, which have lockup periods ranging from two to eight years with three potential one year extensions at the discretion of the funds’ general partners. As of December 31, 2018 there were $94.5 million in unfunded investment commitments to the private credit funds, which are callable at any time. The contractual maturities of debt securities as of December 31, 2019 and December 31, 2018, were as follows below (in thousands): December 31, 2019 U.S. governmental securities Corporate debt securities Total fixed maturities Less than 1 year 1 year through 5 years 6 years through 10 years More than 10 years 60 294 354 $ $ 192 1,522 1,714 $ $ 684 84 768 $ $ 114 — 114 $ $ 74 Table of Contents December 31, 2018 U.S. governmental securities Corporate debt securities Total fixed maturities Temporary Declines in Fair Value Less than 1 year 1 year through 5 years 6 years through 10 years More than 10 years $ $ — 705 705 $ $ 416 3,702 4,118 $ $ 395 265 660 $ $ 32 51 83 The Company evaluates declines in fair value below cost of each individual asset held in the perpetual care trusts on a quarterly basis. An aging of unrealized losses on the Company’s investments in debt and equity securities within the perpetual care trusts as of December 31, 2019 and 2018 is presented below (in thousands): December 31, 2019 Fixed maturities: U.S. governmental securities Corporate debt securities Total fixed maturities Mutual funds—debt securities Mutual funds—equity securities Other investment funds Equity securities Total December 31, 2018 Fixed maturities: U.S. governmental securities Corporate debt securities Total fixed maturities Mutual funds—debt securities Mutual funds—equity securities Other investment funds Equity securities Total Less than 12 months 12 months or more Fair Value Unrealized Losses Fair Value Unrealized Losses Total Fair Value Unrealized Losses $ $ $ $ 291 463 754 2,856 566 53,426 121 57,723 $ $ Less than 12 months Fair Value Unrealized Losses — 405 405 21,867 1,382 101,536 241 125,431 $ $ 4 46 50 38 66 5,472 12 5,638 — 15 15 591 141 4,607 16 5,370 $ $ $ $ 942 1,887 2,829 — — — — 2,829 $ $ 12 months or more Fair Value Unrealized Losses 790 2,902 3,692 2,814 — — 583 7,089 $ $ 48 96 144 — — — — 144 121 306 427 246 1 — 129 803 $ $ $ $ 1,233 2,350 3,583 2,856 566 53,426 121 60,552 $ $ Total Fair Value Unrealized Losses 790 3,307 4,097 24,681 1,382 101,536 824 132,520 $ $ 52 142 194 38 66 5,472 12 5,782 121 321 442 837 142 4,607 145 6,173 For all securities in an unrealized loss position, the Company evaluated the severity of the impairment and length of time that a security has been in a loss position and concluded the decline in fair value below the asset’s cost was temporary in nature. In addition, the Company is not aware of any circumstances that would prevent the future market value recovery for these securities. Other-Than-Temporary Impairment of Trust Assets The Company assesses its perpetual care trust assets for other-than-temporary declines in fair value on a quarterly basis. During the year ended December 31, 2019, the Company determined that there were 79 securities with an aggregate cost basis of approximately $85.7 million and an aggregate fair value of approximately $81.8 million, resulting in an impairment of $3.9 million, with such impairment considered to be other-than-temporary. During the year ended December 31, 2018, the Company determined that there were 176 securities with an aggregate cost basis of approximately $181.4 million and an aggregate fair value of approximately $163.3 million, resulting in an impairment of $18.1 million, with such impairment considered to be other-than-temporary. Accordingly, the Company adjusted the cost basis of these assets to their current value with the offset going against the liability for perpetual care trust corpus in its consolidated balance sheet. 75 Table of Contents 9. GOODWILL AND INTANGIBLE ASSETS Goodwill Goodwill represents the excess of the purchase price over the fair value of identifiable net assets acquired. Due to a decline in the market value of the Company and its significant under-performance relative to historical or projected future operating results noted during the nine months ended September 30, 2019, management conducted an interim goodwill impairment assessment as of September 30, 2019. As a result of such assessment, management concluded on November 4, 2019 that the carrying value of the only reporting unit to which the Company allocated its goodwill, Cemetery Operations, exceeded its fair value, and the Company’s goodwill was fully impaired as of September 30, 2019. The Company recognized a $24.9 million impairment charge included in Loss on goodwill impairment in the accompanying consolidated statement of operations for the year ended December 31, 2019. In 2018, the Company concluded goodwill was not impaired as part of its 2018 annual goodwill impairment testing. The changes in the carrying amounts of goodwill by reportable segment were as follows (in thousands): December 31, 2017 Activity December 31, 2018 Impairment of goodwill December 31, 2019 Intangible Assets $ $ Cemetery Operations 24,862 — 24,862 (24,862) — The Company has intangible assets with finite lives recognized in connection with acquisitions and long-term lease, management and operating agreements. The Company amortizes these intangible assets over their estimated useful lives. The following table reflects the components of intangible assets at December 31, 2019 and 2018 (in thousands): Lease and management agreements Underlying contract value Non-compete agreements Other intangible assets Total intangible assets Gross Carrying Amount December 31, 2019 Accumulated Amortization Net Intangible Assets Gross Carrying Amount December 31, 2018 Accumulated Amortization Net Intangible Assets $ $ 59,758 2,593 406 269 63,026 $ $ (5,561) (681) (341) (197) (6,780) $ $ 54,197 1,912 65 72 56,246 $ $ 59,758 6,239 2,853 1,577 70,427 $ $ (4,565) (1,482) (2,603) (356) (9,006) $ $ 55,193 4,757 250 1,221 61,421 As a result of the adoption of ASU 2016-02 on January 1, 2019, the Company recorded a $1.1 million reclassification from Other intangible assets to Other assets for below market lease intangibles. On May 10, 2019, the Company terminated one of its management agreements and therefore reduced the carrying amount of its underlying contract value intangible balance by $2.7 million. Amortization expense for intangible assets was $1.4 million and $1.8 million for the years ended December 31, 2019 and 2018, respectively. The following is estimated amortization expense related to intangible assets with finite lives for the fiscal years noted below (in thousands): 2020 2021 2022 2023 2024 $ $ $ $ $ 1,142 1,077 1,074 1,071 1,071 76 Table of Contents 10. LONG-TERM DEBT Total debt consisted of the following as of December 31, 2019 and 2018 (in thousands): 9.875%/11.500% Senior Secured PIK Toggle Notes, due June 2024 7.875% Senior Notes, due June 2021 Credit facility Notes payable—acquisition debt Insurance and vehicle financing Less deferred financing costs, net of accumulated amortization Total debt Less current maturities Total long-term debt Senior Secured Notes December 31, 2019 December 31, 2018 $ $ 380,619 — — — 574 (12,856) 368,337 (374) 367,963 $ $ — 173,613 155,739 92 1,294 (9,692) 321,046 (798) 320,248 On June 27, 2019, StoneMor Partners L.P. (the “Partnership”), Cornerstone Family Services of West Virginia Subsidiary, Inc. (collectively with the Partnership, the “Issuers”), certain direct and indirect subsidiaries of the Partnership, the initial purchasers party thereto (the “Initial Purchasers”) and Wilmington Trust, National Association, as trustee (in such capacity, the “Trustee”) and as collateral agent (in such capacity, the “Collateral Agent”) entered into an indenture (the “Original Indenture”) with respect to the 9.875%/11.500% Senior Secured PIK Toggle Notes due 2024. On December 31, 2019, the Company, the subsidiary guarantors party thereto, the Issuers and the Trustee entered into the First Supplemental Indenture (the “First Supplemental Indenture”) and on January 30, 2020, the Company, LP Sub, the Issuers and the Trustee entered into the Second Supplemental Indenture (the “Second Supplemental Indenture” and, collectively with the Original Indenture and the First Supplemental Indenture, the “Indenture”). Pursuant to the terms of the Indenture, the Initial Purchasers purchased Senior Secured Notes in the aggregate principal amount of $385.0 million in a private placement exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”) pursuant to Section 4(a)(2) thereof. The gross proceeds from the sale of the Senior Secured Notes was $371.5 million, less advisor fees (including a placement agent fee of approximately $7.0 million), legal fees, mortgage costs and other closing expenses, as well as cash funds for collateralization of existing letters of credit and credit card needs under the former credit facility. The Issuers can elect to pay interest at either a fixed rate of 9.875% per annum in cash or, at their option through January 30, 2022, a fixed rate of 7.50% per annum in cash plus a fixed rate of 4.00% per annum payable in kind by increasing the principal amount of the Senior Secured Notes or by issuing additional Senior Secured Notes. The Senior Secured Notes will require cash interest payments at 9.875% for all interest periods after January 30, 2022. The Company has the right and expects to pay quarterly interest at a fixed rate of 7.50% per annum in cash plus a fixed rate of 4.00% per annum payable in kind through January 30, 2022. Interest is payable quarterly in arrears on the 30th day of each March, June, September and December, commencing September 30, 2019. The Senior Secured Notes mature on June 30, 2024. The Senior Secured Notes are senior secured obligations of the Issuers. The Issuers’ joint and several obligations under the Senior Secured Notes and the Indenture are jointly and severally guaranteed (the “Note Guarantees”) by the Company and by each subsidiary of the Company (other than the Issuers except as to each other’s obligations under the Senior Secured Notes) that the Company has caused or will cause to become a guarantor pursuant to the terms of the Indenture (collectively, the “Guarantors”). In addition, the Issuers, the Guarantors and the Collateral Agent entered into a Collateral Agreement (as supplemented, the “Collateral Agreement”). Pursuant to the Indenture and the Collateral Agreement, the Issuers’ obligations under the Indenture and the Senior Secured Notes and the Guarantors’ Note Guarantees are secured by a first priority lien and security interest (subject to permitted liens and security interests) in substantially all of the assets of the Issuers and the Guarantors (other than the Company), whether now owned or hereafter acquired, excluding certain assets which include, among others: (a) trust and other fiduciary accounts and amounts required to be deposited or held therein and (b) unless encumbered by a mortgage existing on the date of the Indenture, owned and leased real property that (i) may not be pledged as a matter of law or without governmental approvals, (ii) is not operated or intended to be operated as a cemetery, crematory or funeral home or (iii) is the subject of specified immaterial leases. 77 Table of Contents The Issuers may redeem the Senior Secured Notes at their option, in whole or in part, at any time for a redemption price equal to the principal balance thereof, accrued and unpaid interest thereon and, if applicable, a premium (the “Applicable Premium”) calculated as follows: • • • • If redeemed before June 27, 2021, the sum of 4% of the principal amount so redeemed plus the excess of (i) the interest that would have accrued on the principal amount of the redeemed Senior Secured Notes from the redemption date through June 27, 2021 assuming an interest rate of 11.500% per annum over (ii) the interest that would have accrued on the principal amount of the redeemed Senior Secured Notes from the redemption date through June 27, 2021 at an interest rate equal to the then- applicable rate on United States Treasury securities for the period most nearly equaling that time period plus 0.50%; If redeemed on or after June 27, 2021 and before June 27, 2022, 4% of the principal amount so redeemed; If redeemed on or after June 27, 2022 and before June 27, 2023, 2% of the principal amount so redeemed; and If redeemed on or after June 27, 2023, no premium will be payable. The Issuers are obligated to redeem the Senior Secured Notes with the net cash proceeds of certain dispositions described in the Indenture, tax refunds, insurance or condemnation proceeds and certain other extraordinary receipts. The redemption price for such redemptions is the principal balance of the Senior Secured Notes being redeemed, all accrued and unpaid interest thereon plus, with respect to redemptions from asset dispositions with net proceeds in excess of $55.0 million, an Applicable Premium of 2% of the principal amount so redeemed. The Issuers are also obligated to use 75% of any Excess Cash Flow, less any amount paid in any voluntary redemption of the Senior Secured Notes during the applicable period or subsequent thereto and prior to the applicable redemption date, to redeem the Senior Secured Notes at a redemption price equal to the principal balance thereof and all accrued and unpaid interest thereon. All interest payable in connection with the redemption of any the Senior Secured Notes is payable in cash. The Indenture requires the Issuers and the Guarantors, as applicable, to comply with various affirmative covenants regarding, among other matters, delivery to the Trustee of financial statements and certain other information or reports filed with the Securities and Exchange Commission (the “SEC”) and the maintenance and investment of trust funds and trust accounts into which certain sales proceeds are required by law to be deposited. The Indenture includes financial covenants pursuant to which the Issuers will not permit: • • the Operating Cash Flow Amount for the six months ending December 31, 2019 to be less than $20.0 million; the ratio of the sum of the Operating Cash Flow Amount plus Cash Interest Expense to Cash Interest Expense, or the Consolidated Interest Coverage Ratio, for the nine months ended March 31, 2020 and the twelve months ending as of each date from June 30, 2020 onwards, as set forth below, to be less than: March 31, 2020 June 30, 2020 September 30, 2020 December 31, 2020 March 31, 2021 June 30, 2021 September 30, 2021 December 31, 2021 March 31, 2022 and each quarter end thereafter 0.40x 0.75x 1.00x 1.15x 1.25x 1.30x 1.35x 1.45x 1.50x • • • the aggregate amount of Capital Expenditures for the prior four fiscal quarters as of the last day of any fiscal quarter beginning with the fiscal quarter ending September 30, 2019 to be more than $20.0 million; the average daily balance of Unrestricted Cash and unrestricted Permitted Investments of the Company and its subsidiaries as of the end of any day for any 10-business day period to be less than $20.0 million during the quarter ending September 30, 2019, $15.0 million during the quarter ending December 31, 2019 and $12.5 million during any subsequent quarter; or the ratio of the (a) the sum of Unrestricted Cash, accounts receivable and merchandise trust account balances to (b) the aggregate principal or face amount of Consolidated Funded Indebtedness, or Asset Coverage Test, for the applicable 78 Table of Contents measurement period as of the last day of any fiscal quarter beginning with the fiscal quarter ending September 30, 2019, to be less than 1.60:1.00. The Indenture requires the Issuers and the Guarantors, as applicable, to comply with certain other covenants including, but not limited to, covenants that, subject to certain exceptions, limit the Issuers’ and the Guarantors’ ability to: (i) incur additional indebtedness; (ii) grant liens; (iii) engage in certain sale/leaseback, merger, consolidation or asset sale transactions; (iv) make certain investments; (v) pay dividends or make distributions; (vi) engage in affiliate transactions and (vii) amend its organizational documents. The Indenture provides for certain events of default, the occurrence and continuation of which could, subject to certain conditions, cause all amounts owing under the Senior Secured Notes to become due and payable, including but not limited to the following: • • • • • • • • failure by the Issuers to pay any interest on any Senior Secured Note when it becomes due and payable that remains uncured for five business days; failure by the Issuers to pay the principal of any of the Senior Secured Notes when it becomes due and payable, whether at the due date thereof, at a date fixed for redemption, by acceleration or otherwise; failure by the Issuers to comply with the agreement and covenants relating to maintenance of its legal existence, providing notice of any default or event of default or use of proceeds from the sale of the Senior Secured Notes or any of the negative covenants in the Indenture; failure by the Issuers to comply with any other agreement or covenant contained in the Indenture, the Collateral Agreement or any other Note Document that remains uncured for a period of 15 days after the earlier of written notice and request for cure from the Trustee or holders of at least 25% of the aggregate principal amount of the Senior Secured Notes; the acceleration of or the failure to pay at final maturity indebtedness (other than the Senior Secured Notes) in a principal amount exceeding $5.0 million; the occurrence of a Change in Control; certain bankruptcy or insolvency proceedings involving an Issuer or any subsidiary; and failure by the Company or any subsidiary to maintain one or more licenses, permits or similar approvals for the conduct of its business where the sum of the revenue associated therewith represents the lesser of (i) 15% of the Company and its subsidiaries consolidated revenue and (ii) $30.0 million, and such breach is not cured within 30 days. At the option of holders holding a majority of the outstanding principal amount of the Senior Secured Notes (and automatically upon any default for failure to pay principal of the Senior Secured Notes when due and payable or certain bankruptcy or insolvency proceedings involving an Issuer), the interest rate on the Senior Secured Notes will increase to 13.50% per annum, payable in cash. As of December 31, 2019, the Company was in compliance with the covenants of the Indenture. On April 1, 2020, the Issuers and the Trustee entered into the Third Supplemental Indenture to the Indenture (the “Supplemental Indenture”), pursuant to which certain financial covenants and the premium payable upon voluntary redemption of the Senior Secured Notes in the Indenture were amended. For further details, see Note 26 Subsequent Events of this Annual Report. Registration Rights Agreement In connection with the sale of the Senior Secured Notes, on June 27, 2019, the Issuers, the Guarantors party thereto and the Initial Purchasers entered into a Registration Rights Agreement (the “Notes Registration Rights Agreement”), pursuant to which the Issuers and the Guarantors agreed, for the benefit of the holders of the Notes, to use their commercially reasonable efforts to file a registration statement with the SEC with respect to a registered offer to exchange the Senior Secured Notes for new “exchange” notes having terms substantially identical in all material respects to the Senior Secured Notes, with certain exceptions (the “Exchange Offer”). The Issuers agreed to use their commercially reasonable efforts (i) to consummate the Exchange Offer on or before July 14, 2020 (the “Exchange Date”) and (ii) upon the occurrence of certain events described in the Notes Registration Rights Agreement which result in the inability to consummate the Exchange Offer, to cause a shelf registration statement covering resales of the Notes to be declared effective. If the Issuers had failed to comply with their obligations under the Notes Registration Rights Agreement, additional interest would have accrued on the Notes at a rate of 0.25% per annum (increasing by an additional 0.25% per annum with respect to 79 Table of Contents each subsequent 90-day period that occurs after the date on which such default occurs, up to a maximum additional interest rate of 1.00%) from and including the date on which any such default shall occur to but excluding the earlier of (x) the date on which all such defaults have been cured and (y) the date on which the Notes are freely tradeable by persons other than affiliates of the Issuers pursuant to Rule 144 under the Securities Act. Deferred Financing Costs In February 2019, the Company entered into the Eighth Amendment and Waiver to the original agreement for its revolving credit facility dated August 4, 2016 (the “Tranche B Revolving Credit Facility”). In connection with the Tranche B Revolving Credit Facility, the Company incurred debt issuance costs and fees of approximately $3.1 million, which was being amortized over the life of the Tranche B Revolving Credit Facility, using the effective interest method. In connection with the issuance of the Senior Secured Notes, the Company incurred debt issuance costs and fees of approximately $14.3 million during the year ended December 31, 2019, which have been deferred and are being amortized over the life of the Senior Secured Notes, using the effective interest method. In connection with the retirement of all of its revolving credit facilities and its $175.0 million 7.875% senior notes due 2021, the Company wrote-off unamortized deferred financing fees of $6.9 million, during the year ended December 31, 2019, which is presented in Loss on debt extinguishment in the accompanying consolidated statement of operations. For the years ended December 31, 2019 and 2018, the Company recognized $7.3 million and $3.2 million of amortization of deferred financing fees on its various debt facilities. 11. REDEEMABLE CONVERTIBLE PREFERRED UNITS AND OWNERS’ EQUITY Redeemable Convertible Preferred Units On June 27, 2019, the Partnership completed the Preferred Offering pursuant to which it sold an aggregate of 52,083,333 Preferred Units at a purchase price of $1.1040 per Preferred Unit, reflecting an 8% discount to the liquidation preference of each Preferred Unit, for an aggregate purchase price of $57.5 million. Pursuant to the Series A Purchase Agreement, the Partnership filed a registration statement on Form S-1 with the SEC to effect the Rights Offering, which was completed on October 25, 2019 with 3,039,380 common units being purchased for a total of $3.6 million. The gross proceeds from the Rights Offering were used to redeem 3,039,380 of the Partnership’s outstanding Preferred Units on October 25, 2019 at a price of $1.20 per Preferred Unit. On December 31, 2019, in connection with the consummation of the C-Corporation Conversion, all of the remaining outstanding Preferred Units were converted into common shares of the Company at a conversion rate of one share of common stock for each Preferred Unit. Capital Stock Effective as of the C-Corporation Conversion, the Company is authorized to issue two classes of capital stock: common stock, $0.01 par value per share (“Common Stock”) and preferred stock, $0.01 par value per share (“Preferred Stock”). At December 31, 2019, 94,447,356 million shares of Common Stock were issued and outstanding and no shares of Preferred Stock were issued or outstanding. At December 31, 2019, there were 105,552,644 shares of Common Stock available for issuance, including 986,552 shares available for issuance as stock-based incentive compensation under the 2019 Plan, and 10,000,000 shares of Preferred Stock available for issuance. Holders of Common Stock are entitled to one vote for each share held of record on all matters submitted to a vote of the Company’s stockholders, will have the exclusive right to vote for the election of directors and do not have cumulative voting rights. In the event of any liquidation, dissolution or winding-up of the Company’s affairs, the holders of the Company’s Common Stock will be entitled to share ratably in the Company’s assets that are remaining after payment or provision for payment of all of the Company’s debts and obligations and after liquidation payments to and subject to any continuing participation by holders of outstanding shares of Preferred Stock, if any. The Company’s Board of Directors (the “Board”) is authorized, subject to any limitations prescribed by law, without further stockholder approval, to establish and to issue from time to time one or more classes or series of Preferred Stock covering up to an aggregate of 10,000,000 shares of Preferred Stock. Each class or series of Preferred Stock will cover the number of shares and will have the powers, preferences, rights, qualifications, limitations and restrictions determined by the Board, which may include, among others, dividend rights, liquidation preferences, voting rights, conversion rights, preemptive rights and 80 Table of Contents redemption rights. Except as provided by law or in a preferred stock designation, the holders of Preferred Stock will not be entitled to vote at or receive notice of any meeting of stockholders. Subsequent Events On April 1, 2020, the Issuers and the Trustee entered into the Supplemental Indenture, pursuant to which the Issuers agreed to cause the Company to use its best efforts to effectuate an offering to holders of Common Stock of transferable rights to purchase their pro rata share of shares of Common Stock with an aggregate exercise price of at least $17 million at a price of $0.73 per share, as promptly as practicable with an expiration date no later than July 24, 2020 and to receive proceeds of not less than $8.2 million therefrom. Concurrently, the Company entered into a letter agreement with Axar (the “Axar Commitment”), pursuant to which Axar agreed to purchase shares of the Company’s Series A Preferred Stock with an aggregate purchase price of $8.8 million on April 3, 2020. As contemplated by the Axar Commitment, on April 3, 2020, the Company sold an aggregate of 176 shares of Series A Preferred Stock to the 2020 Purchasers for an aggregate purchase price of $8.8 million pursuant to the terms of a Series A Preferred Stock Purchase Agreement (the “2020 Preferred Purchase Agreement”) by and among the Company and the purchasers party thereto. For further details, see Note 26 Subsequent Events of this Annual Report. 12. INCOME TAXES Prior to December 31, 2019, the Company was not subject to U.S. federal income tax and most state income taxes, as it was structured as a master limited partnership. The taxable income for the Company flowed through to the partners for the fiscal years prior to January 1, 2020 and could vary from the net income reported on the Company’s consolidated statements of operations for the year ended December 31, 2019 and 2018. Since the Company consummated the C-Corporation Conversion on December 31, 2019, the Company’s taxable income for the year ended December 31, 2019 continued to flow through to the partners. Per ASC 740, the C-Corporation Conversion is considered a change in tax status, and therefore, the Company had to record deferred tax assets and liabilities attributable to differences between the carrying amounts and tax basis of existing assets and liabilities on its consolidated balance sheets as of the consummation date of the C-Corporation Conversion. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date for the new tax rates. The Company also recognized a valuation allowance against its deferred tax assets, as the Company deemed it more likely than not that some portion or all of the recorded deferred tax assets will not be realizable in future periods. Additionally, prior to the C-corporation Conversion, corporate subsidiaries of the Partnership were historically subject to federal income tax and most state income taxes, and the Partnership was required to file separate federal income tax returns for many of its corporate subsidiaries. Deferred tax assets of the individual corporate subsidiaries could not be offset against the deferred liabilities of other individual corporate subsidiaries. As a result of the C-Corporation Conversion, the Company will file a consolidated federal income tax return for StoneMor Inc. for all fiscal periods post the consummation date of the C-Corporation Conversion. The Company recognized a $7.5 million tax benefit for the year ended December 31, 2019 related to the projected tax consequences of filing a consolidated federal income tax return for StoneMor Inc. and its subsidiaries. Income tax (expense) benefit for the years ended December 31, 2019 and 2018 consisted of the following (in thousands): Current provision: State Federal Foreign Total Deferred provision: State Federal Foreign Total Total income tax (expense) benefit Years Ended December 31, 2019 2018 $ $ (73) — (187) (260) (6,704) (21,210) (30) (27,944) (28,204) $ $ (693) — (101) (794) (23) 2,725 (111) 2,591 1,797 81 Table of Contents A reconciliation of the federal statutory tax rate to the Company’s effective tax rate is as follows: Computed tax provision (benefit) at the applicable statutory tax rate State and local taxes net of federal income tax benefit Tax exempt (income) loss Change in current year valuation allowance Company's earnings not subject to tax Changes in tax due to Tax Act and ASC 606 retroactive impact Change in tax status Permanent differences Other Effective tax rate Years Ended December 31, 2019 2018 21.0% (4.5)% (1.2)% (8.0)% (0.2)% —% (27.2)% (2.7)% —% (22.8)% 21.0% (1.1)% (1.5)% (18.3)% 2.0% 0.5% —% (0.1)% —% 2.5% The effective tax rate increased as a result of the deferred tax liabilities the Company had to record in connection with the C-Corporation Conversion. The temporary differences related to these deferred tax liabilities will reverse over the lives of the various cemeteries, which range from an average 100 to 300 years. Significant components of the Company’s deferred tax assets and liabilities were as follows (in thousands): Deferred tax assets: Prepaid expenses State net operating loss Federal net operating loss Foreign net operating loss Other Valuation allowance Total deferred tax assets Deferred tax liabilities: Property, plant and equipment Deferred revenue related to future revenues and accounts receivable Deferred revenue related to cemetery property Total deferred tax liabilities Net deferred tax liabilities Net deferred tax assets and liabilities were classified on the consolidated balance sheets as follows (in thousands): Deferred tax assets Noncurrent assets Deferred tax assets Deferred tax liabilities Noncurrent liabilities Net deferred tax liabilities 2019 2018 December 31, 13,010 26,121 88,818 8,656 55 (103,336) 33,324 28,399 33,582 5,875 67,856 34,532 $ $ 2019 2018 December 31, 81 81 33,243 67,856 34,613 34,532 $ $ 5,102 24,162 84,017 2,106 55 (89,066) 26,376 2,119 25,021 5,825 32,965 6,589 86 86 26,290 32,965 6,675 6,589 $ $ $ $ At December 31, 2019, the Company had available approximately $0.1 million of alternative minimum tax credit carryforwards and approximately $423.0 million and $542.0 million of federal and state net operating loss (“NOL”) carryforwards, respectively, a portion of which expires annually. Management periodically evaluates all evidence both positive and negative in determining whether a valuation allowance to reduce the carrying value of deferred tax assets is required. The vast majority of the Company’s taxable subsidiaries continue to accumulate deferred tax assets that on a more likely than not basis will not be realized. A full valuation allowance continues to be maintained on these taxable subsidiaries. Along with other previous transfers of the Company’s interests, the Company believes the Recapitalization Transactions in June 2019 caused an “ownership change” for income tax purposes, which significantly limits the Company’s ability to use NOLs and certain other tax assets to offset future taxable income. The valuation allowance increased in 2019 due to management’s evaluation of the future limitation on the Company’s ability to 82 Table of Contents offset future deferred tax liabilities with net operating loss carryovers and certain other deferred tax assets. The valuation allowance increased in 2018 due to increases in deferred tax assets that are not more likely than not expected to be realized. At December 31, 2019, based on the level of historical taxable income and projections for future taxable income over the periods in which the deferred tax assets are deductible, management believed it was more likely than not that the Company will realize the benefits of these deductible differences. The amount of deferred tax assets considered realizable could be reduced in the future if estimates of future taxable income during the carryforward period are reduced. In accordance with applicable accounting standards, the Company recognizes only the impact of income tax positions that, based upon their merits, are more likely than not to be sustained upon audit by a taxing authority. To evaluate its current tax positions in order to identify any material uncertain tax positions, the Company developed a policy of identifying and evaluating uncertain tax positions that considers support for each tax position, industry standards, tax return disclosures and schedules and the significance of each position. It is the Company’s policy to recognize interest and penalties, if any, related to unrecognized tax benefits in income tax expense in the consolidated statements of operations. At December 31, 2019 and 2018, the Company had no material uncertain tax positions. The Company is not currently under tax examination by any federal jurisdictions or state income tax jurisdictions. In general, the federal statute of limitations and certain state statutes of limitations are open from 2016 forward. For entities with net operating loss carryovers the statute of limitations is extended to 2013 to the extent of the net operating loss carryover. 13. DEFERRED REVENUES AND COSTS The Company defers revenues and all direct costs associated with the sale of pre-need cemetery merchandise and services until the merchandise is delivered or the services are performed. The Company recognizes deferred merchandise and service revenues as customer contract liabilities within long-term liabilities on its consolidated balance sheets. The Company recognizes deferred direct costs associated with pre-need cemetery merchandise and service revenues as deferred selling and obtaining costs within long-term assets on its consolidated balance sheets. The Company also defers the costs to obtain new pre-need cemetery and new prearranged funeral business as well as the investment earnings on the prearranged services and merchandise trusts. Such costs are recognized when the associated performance obligation is fulfilled based upon the net change in the customer contract liabilities. All other selling costs are expensed as incurred. Additionally, the Company has elected the practical expedient of not recognizing incremental costs to obtain a contract as incurred, as the associated amortization period is typically one year or less. Deferred revenues and related costs consisted of the following (in thousands): Deferred contract revenues Deferred merchandise trust revenue Deferred merchandise trust unrealized gains (losses) Deferred revenues Deferred selling and obtaining costs December 31, 2019 December 31, 2018 $ $ $ 837,190 104,304 7,881 949,375 114,944 $ $ $ For the years ended December 31, 2019 and 2018, the Company recognized $64.1 million and $58.7 million, respectively, of the customer contract liabilities balance that existed at December 31, 2018 and 2017, respectively, as revenue. The components of the customer contract liabilities, net in the Company’s consolidated balance sheets at December 31, 2019 and December 31, 2018 were as follows (in thousands): Customer contract liabilities, gross Amounts due from customers for unfulfilled performance obligations on cancellable pre-need contracts Customer contract liabilities, net December 31, 2019 December 31, 2018 $ $ 974,927 (25,552) 949,375 $ $ 835,922 92,718 (9,034) 919,606 113,644 943,028 (23,422) 919,606 The Company expects to service approximately 55% of its deferred revenue that existed at December 31, 2019 and 2018 in the first 4-5 years and approximately 80% of its deferred revenue that existed at December 31, 2019 and 2018 within 18 years. The Company cannot estimate the period when it expects its remaining performance obligations will be recognized, because certain performance obligations will only be satisfied at the time of death. 83 Table of Contents 14. LONG-TERM INCENTIVE PLAN The Board previously adopted the StoneMor Partners L.P. 2014 Long-Term Incentive Plan (the “2014 Plan”). Effective August 22, 2018, the Board amended and restated the 2014 Plan (the “2018 Plan”). On March 27, 2019, the Board amended and restated the 2018 Plan (the “2019 Plan”) to (i) increase the number of common units of the Company reserved for issuance under the 2019 Plan and (ii) make certain other clarifying changes and updates to the 2019 Plan. The 2019 Plan permitted the grant of awards covering a total of 4,000,000 common units of the Company. A “unit” under the 2019 Plan was defined as a common unit of the Company and such other securities as may be substituted or resubstituted for common units of the Company, including but not limited to shares of the Company’s common stock. On December 18, 2019, the Board approved the first amendment to the 2019 Plan, which permits the grant of awards covering a total of 8,500,000 common units of the Company. On December 31, 2019, the Board approved the assumption of the 2019 Plan and all outstanding awards thereunder by the Company in connection with the C-Corporation Conversion. The 2019 Plan is intended to promote the interests of the Company by providing to employees, consultants and directors of the Company incentive compensation awards to encourage superior performance and enhance the Company’s ability to attract and retain the services of individuals who are essential for its growth and profitability and to encourage them to devote their best efforts to advancing the Company’s business. Phantom unit and restricted unit awards On April 15, 2019, the Compensation, Nominating and Governance Committee (the “Compensation Committee”) approved the award of 1,015,047 phantom unit awards consisting of 494,421 phantom units subject to time-based vesting (“TVUs”) and 520,626 phantom units subject to performance-based vesting (“PVUs”) to certain members of the Company’s senior management. The TVUs had a vesting period equal to three equal annual installments on each April 3 (or first business day thereafter) commencing on April 3, 2020. The PVUs vested based on the extent, if any, to which the Compensation Committee determines that the performance conditions established by the Compensation Committee for calendar years 2019, 2020 and 2021 have been achieved or waived in writing, as follows: • • • if the “threshold” performance condition with respect to a calendar year has been achieved or waived but not the “target” condition, then 25% of the PVUs subject to vesting with respect to such year (rounded down to the nearest whole phantom unit) shall vest; if the “target” performance condition with respect to a calendar year has been achieved or waived, then 50% of the PVUs subject to vesting with respect to such year shall vest; and if the “maximum” performance condition with respect to a calendar year has been achieved or waived, then 100% of the PVUs subject to vesting with respect to such year shall vest. Also on April 15, 2019, an additional 275,000 restricted units were awarded to an officer of the Company pursuant to his employment agreement that were scheduled to vest in equal quarterly installments over a four year period commencing July 15, 2019, the three month anniversary of the grant date. The Recapitalization Transactions, described in Note 1 General, resulted in a Change of Control as defined in the 2019 Plan. The Change of Control accelerated the vesting of certain awards, including all those granted on April 15, 2019, resulting in the immediate vesting of 1,351,493 phantom and restricted units. These awards were net settled with 376,351 units withheld to satisfy the participants’ tax withholding obligations, resulting in a net number of 975,142 common units to be issued. The Company recognized $2.2 million in stock- based compensation expense related to this accelerated vesting. These units were delivered in the third quarter of 2019. In addition, an aggregate of 238,554 phantom units issued under the LTIP and held in deferred compensation accounts for certain directors that either became payable as a result of the Recapitalization Transactions or had previously become payable were issued in the third quarter of 2019. 84 Table of Contents A rollforward of phantom unit and restricted unit awards as of December 31, 2019 is as follows: Total non-vested at December 31, 2018 Units issued Units vested Units forfeited Total non-vested at December 31, 2019 Number of Phantom Unit and Restricted Unit Awards Weighted Average Grant Date Fair Value 1,029,638 1,381,572 (1,819,131) (32,861) 559,218 $ $ 7.49 2.86 5.16 6.68 3.67 For the years ended December 31, 2019 and 2018, the Company recognized $3.6 million and $2.4 million, respectively, of non-cash stock compensation expense related to phantom unit and restricted unit awards into earnings. As of December 31, 2019, total unamortized compensation cost related to unvested restricted stock awards was $0.5 million, which the Company expects to recognize over the remaining weighted-average period of 2.75 years. Non-qualified stock options On December 18, 2019, the Compensation Committee approved the granting of unit options to employees of the Company, including certain members of senior management to purchase an aggregate of 5.5 million common units at an exercise price of $1.20 per unit. The option awards vest in three equal annual installments on each December 18 (or first business day thereafter) commencing on December 18, 2020, provided that the recipient remains employed by the Company. The Company measured the option awards at their grant-date fair value utilizing the Black-Scholes model and will recognize stock compensation expense on a straight-line basis over the weighted-average service period, which is expected to be three years. The option awards expire no later than 10 years from the date of grant. A rollforward of stock options as of December 31, 2019 is as follows: Total outstanding at December 31, 2018 Options granted Options exercisable Options exercised Options forfeited Options expired Total outstanding at December 31, 2019 Number of Stock Options Weighted Average Grant Date Fair Value Weighted Average Exercise Price — 5,500,000 — — — — 5,500,000 $ $ — 0.34 — — — — 0.34 $ $ — 1.20 — — — — 1.20 For the years ended December 31, 2019 and 2018, non-cash stock compensation expense related to stock options was not material. As of December 31, 2019, total unrecognized compensation cost related to unvested stock options was $1.9 million, which the Company expects to recognize over the remaining weighted-average period of 3 years. Assumptions used in calculating the fair value of the stock options granted during the year are summarized below: Valuation assumptions: Expected dividend yield Expected volatility Expected term (years) Risk-free interest rate Weighted average: Exercise price per stock option Market price per share Weighted average fair value per stock option $ $ $ 85 2019 None 23.41% 6.0 1.78% 1.20 1.23 0.34 Table of Contents 15. COMMITMENTS AND CONTINGENCIES Legal The Partnership remains subject to state law derivative claims that certain of the Partnership’s officers and directors breached their fiduciary duty to the Partnership and its unitholders. The Company could also become subject to additional claims and legal proceedings relating to the factual allegations made in these actions. While management cannot reasonably estimate the potential exposure in these matters at this time, if we do not prevail in any such proceedings, we could be required to pay substantial damages or settlement costs, subject to certain insurance coverages. Management has determined that, based on the status of the claims and legal proceedings against the Company, the amount of the potential losses cannot be reasonably estimated at this time. These actions are summarized below. • • Bunim v. Miller, et al., No. 2:17-cv-519-ER, pending in the United States District Court for the Eastern District of Pennsylvania, and filed on February 6, 2017. The plaintiff in this case brought, derivatively on behalf of the Partnership, claims that the officers and directors of the Partnership’s general partner aided and abetted in breaches of the general partner’s purported fiduciary duties by, among other things and in general, allegedly making misrepresentations through the use of non-GAAP accounting standards in its public filings, by allegedly failing to clearly disclose the use of proceeds from debt and equity offerings, and by allegedly approving unsustainable distributions. The plaintiff also claims that these actions and misrepresentations give rise to causes of action for gross mismanagement, unjust enrichment, and (in connection with a purportedly misleading proxy statement filed in 2014) violations of Section 14(a) of the Securities Exchange Act of 1934. The derivative plaintiff seeks an award of damages, attorneys’ fees and costs in favor of the Partnership as nominal plaintiff, as well as general compliance and governance changes. This case has been stayed, by the agreement of the parties, provided that either party may terminate the stay on 30 days' notice. Muth v. StoneMor G.P. LLC, et al., December Term, 2016, No. 1196 and Binder v. StoneMor G.P. LLC, et al., January Term, 2017, No. 4872, both pending in the Court of Common Pleas for Philadelphia County, Pennsylvania, and filed on December 20, 2016 and February 3, 2017, respectively. In these cases, the plaintiffs brought, derivatively on behalf of the Partnership, claims that the officers and directors of the Partnership’s general partner aided and abetted in breaches of the general partner’s purported fiduciary duties by, among other things and in general, allegedly making misrepresentations through the use of non-GAAP accounting standards in its public filings and by failing to clearly disclose the use of proceeds from debt and equity offerings, as well as approving unsustainable distributions. The plaintiffs also claim that these actions and misrepresentations give rise to a cause of action for unjust enrichment. The derivative plaintiffs seek an award of damages, attorneys’ fees and costs in favor of the Partnership as nominal plaintiff, as well as alterations to the procedures for electing members to the board of the Partnership’s general partner, and other compliance and governance changes. These cases have been consolidated and stayed, by the agreement of the parties, pending final resolution of the motion to dismiss filed in the Anderson case, which has now been dismissed. In November 2019, the court issued a dormant case notice under which the plaintiffs were required to file a statement of intent to proceed by January 21, 2020. The plaintiffs have not filed any such notice, and we anticipate that the court will dismiss this case for failure to proceed in the near future. The Partnership had also been subject to consolidated class actions in the United States District Court for the Eastern District of Philadelphia alleging various violations under the Exchange Act. Anderson v. StoneMor Partners, LP, et al., No. 2:16-cv-6111, filed on November 21, 2016, and consolidated with Klein v. StoneMor Partners, LP, et al., No. 2:16-cv-6275, filed on December 2, 2016. On October 31, 2017, the court granted defendants’ motion to dismiss the complaint and entered judgment dismissing the case on November 30, 2017. On June 20, 2019, the United States Court of Appeals for the Third Circuit affirmed the dismissal of the case and the plaintiffs did not seek discretionary review of that decision before the United States Supreme Court, thereby terminating the case. On December 11, 2019, the Company entered into a settlement with the SEC with respect to alleged violations of the reporting, books and records, internal accounting controls and related provisions of the federal securities laws that occurred prior to 2017 under the Company’s former management team (the “Settlement”). Pursuant to the terms of the Settlement, which resolved the matters that were the subject of the previously reported investigation by the SEC’s Enforcement Division, and without admitting or denying the findings in the Settlement: (i) the Company and GP Holdings consented to a cease and desist order with respect to violations of Sections 13(a), 13(b)(2)(A) and 13(b)(2)(B) of the Exchange Act and the regulations promulgated thereunder, and (ii) GP Holdings agreed to pay a civil penalty of $250,000, which was paid with the proceeds of an intercompany loan. The Company is party to other legal proceedings in the ordinary course of its business, but does not expect the outcome of any proceedings, individually or in the aggregate, to have a material adverse effect on its financial position, results of operations or 86 Table of Contents cash flows. The Company carries insurance with coverage and coverage limits that it believes to be customary in the cemetery and funeral home industry. Although there can be no assurance that such insurance will be sufficient to protect the Company against all contingencies, Management believes that the insurance protection is reasonable in view of the nature and scope of the Company’s operations. Other In connection with the Partnership’s 2014 lease and management agreements with the Archdiocese of Philadelphia, it has committed to pay aggregate fixed rent of $36.0 million in the following amounts: Lease Years 1-5 (May 28, 2014-May 31, 2019) Lease Years 6-20 (June 1, 2019-May 31, 2034) Lease Years 21-25 (June 1, 2034-May 31, 2039) Lease Years 26-35 (June 1, 2039-May 31, 2049) Lease Years 36-60 (June 1, 2049-May 31, 2074) None $1,000,000 per Lease Year $1,200,000 per Lease Year $1,500,000 per Lease Year None The fixed rent for lease years six through 11, an aggregate of $6.0 million, is deferred. If prior to May 31, 2025, the Archdiocese terminates the agreements in accordance with their terms during lease year 11 or the Company terminates the agreements as a result of a default by the Archdiocese, the Company is entitled to retain the deferred fixed rent. If the agreements are not terminated, the deferred fixed rent will become due and payable on or before June 30, 2025. 16. EXIT AND DISPOSAL ACTIVITIES On January 31, 2019, the Company announced a profit improvement initiative as part of its ongoing organizational review. This profit improvement initiative was intended to further integrate, streamline and optimize the Company’s operations. As part of this profit improvement initiative, during 2019 the Company undertook certain cost reduction initiatives, which included a reduction of approximately 200 positions of its workforce within its field operations and corporate functions in its headquarters located in Trevose, Pennsylvania. The Company recognized severance expense of $1.5 million for this reduction in workforce, which is included in Cemetery expense, Funeral home services expense and Corporate overhead in the accompanying consolidated statement of operations for the year ended December 31, 2019. The following table summarizes the activity in the severance liability recognized for this reduction in workforce in the accompanying consolidated balance sheet as of December 31, 2019, by reportable segment (in thousands): Balance at January 1, 2019 Accruals Cash payments Balance at December 31, 2019 Cemetery Operations Funeral Home Operations Corporate Consolidated $ $ — 935 (849) 86 $ $ — 25 (25) — $ $ — 583 (519) 64 $ $ — 1,543 (1,393) 150 The Company expects to settle the remaining severance liability for this reduction in workforce during the first quarter of 2020, and it does not expect to incur any additional charges related to this reduction in workforce. 17. LEASES The Company leases a variety of assets throughout its organization, such as office space, funeral homes, warehouses and equipment. In addition the Company has a sale-leaseback related to one of its warehouses. Leases with an initial term of 12 months or less are not recorded on the Company’s consolidated balance sheets, and the Company recognizes lease expense for these leases on a straight-line basis over the lease term. For lease agreements with an initial term of more than 12 months, the Company measures the lease liability at the present value of the sum of the remaining minimum rental payments, which exclude executory costs. Certain leases provide the Company with the option to renew for additional periods, with renewal terms that can extend the lease term for periods ranging from 1 to 30 years. The exercise of lease renewal options is at the Company’s sole discretion, and the Company is only including the renewal option in the lease term when the Company can be reasonably certain that it will exercise the renewal options. The Company does have residual value guarantees on the finance leases for its vehicles, but no residual guarantees on any of its operating leases. 87 Table of Contents Certain of the Company’s leases have variable payments with annual escalations based on the proportion by which the consumer price index (“CPI”) for all urban consumers increased over the CPI index for the prior comparative year. The Company has the following balances recorded on its consolidated balance sheet as of December 31, 2019 related to leases (in thousands): Assets: Operating Finance Total ROU assets(1) Liabilities: Current Operating Finance Long-term Operating Finance Total lease liabilities(2) December 31, 2019 10,570 5,685 16,255 2,022 1,200 11,495 4,302 19,019 $ $ $ $ (1) (2) The Company’s ROU operating assets and finance assets are presented within Other assets and Property and equipment, net of accumulated depreciation, respectively in its consolidated balance sheet. The Company’s current and long-term lease liabilities are presented within Accounts payable and accrued liabilities and Other long-term liabilities, respectively, in its consolidated balance sheet. As most of the Company’s leases do not provide an implicit rate, the Company uses its incremental borrowing rate, based on the information available at commencement date, in determining the present value of lease payments. The Company used the incremental borrowing rate on January 1, 2019 for operating leases that commenced prior to that date. The weighted average borrowing rates for operating and finance leases were 9.9% and 8.5%, respectively as of December 31, 2019. The components of lease expense were as follows (in thousands): Lease cost Operating lease costs(1) Finance lease costs Amortization of leased assets Interest on lease liabilities Short-term lease costs(2) Net Lease costs Classification General and administrative expense Depreciation and Amortization Interest expense General and administrative expense (1) (2) The Company includes its variable lease costs under operating lease costs as these variable lease costs are immaterial. The Company does not have any short-term leases with lease terms greater than one month. Maturities of the Company’s lease labilities as of December 31, 2019, per ASC 842, Leases, were as follows (in thousands): Year ending December 31, 2020 2021 2022 2023 2024 Thereafter Total Less: Interest Present value of lease liabilities 88 Year ended December 31, 2019 $ $ Operating Finance $ $ $ 3,283 2,783 2,455 2,190 2,046 6,348 19,105 (5,588) 13,517 $ $ $ 3,628 1,282 495 — 5,405 1,759 1,838 2,026 708 106 — 6,437 (935) 5,502 Table of Contents Minimum lease commitments remaining under the Company’s operating leases and capital leases, per ASC 840, Leases, as of December 31, 2018 were as follows (in thousands): Year ending December 31, 2019 2020 2021 2022 2023 Thereafter Total Less: Interest Present value of lease liabilities Operating Capital $ $ 4,349 2,765 2,130 1,539 1,184 5,737 17,704 $ $ $ 1,499 1,196 949 558 89 — 4,291 (875) 3,416 Operating and finance lease payments include $3.3 million related to options to extend lease terms that are reasonably certain of being exercised and $2.0 million related to residual value guarantees. The weighted-average remaining lease term for the Company’s operating and finance leases was 7.1 years and 2.8 years, respectively, as of December 31, 2019. As of December 31, 2019, the Company had one additional operating lease that has not yet commenced, which was valued at $0.1 million, but did not have any lease transactions with its related parties. In addition, as of December 31, 2019, the Company had not entered into any new sale-leaseback arrangements. 18. FAIR VALUE OF FINANCIAL INSTRUMENTS Management has established a hierarchy to classify the inputs used to measure the Company’s financial instruments at fair value, pursuant to which the Company is required to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Observable inputs represent market data obtained from independent sources; whereas, unobservable inputs reflect the Company’s own market assumptions, which are used if observable inputs are not reasonably available without undue cost and effort. The hierarchy defines three levels of inputs that may be used to measure fair value: • • • Level 1 – Unadjusted quoted market prices in active markets for identical, unrestricted assets or liabilities that the reporting entity has the ability to access at the measurement date. Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset and liability or can be corroborated with observable market data for substantially the same contractual term of the asset or liability. Level 3 – Unobservable inputs based on the entity’s own assumptions about the assumptions market participants would use in the pricing of the asset or liability and are consequently not based on market activity but rather through particular valuation techniques. The carrying value of the Company’s current assets and current liabilities on its consolidated balance sheets approximated or equaled their estimated fair values due to their short-term nature or imputed interest rates. Recurring Fair Value Measurement At December 31, 2019 and 2018, the two financial instruments measured by the Company at fair value on a recurring basis were its merchandise and perpetual care trusts, which consist of investments in debt and equity marketable securities and cash equivalents that are carried at fair value and are classified as either Level 1 or Level 2. For further details, see Note 7 Merchandise Trusts and Note 8 Perpetual Care Trusts of this Annual Report. Where quoted prices are available in an active market, securities are classified as Level 1 investments pursuant to the fair value measurement hierarchy. Where quoted market prices are not available for the specific security, fair values are estimated by using either quoted prices of securities with similar characteristics or an income approach fair value model with observable inputs that include a combination of interest rates, yield curves, credit risks, prepayment speeds, rating and tax-exempt status. These securities are classified as Level 2 investments pursuant to the fair value measurements hierarchy. Certain investments in the merchandise and perpetual care trusts are excluded from the fair value leveling hierarchy in accordance with GAAP. These funds are measured at fair value using the net asset value per share practical expedient and have not been categorized in the fair value hierarchy. 89 Table of Contents Non-Recurring Fair Value Measurement The Company may be required to measure certain assets and liabilities at fair value, such as its indefinite-lived assets and long-lived assets, on a nonrecurring basis in accordance with GAAP from time to time. These adjustments to fair value usually result from impairment charges. As of December 31, 2019, the Company adjusted the fair value of two of its funeral homes sold in 2019 to mark them down to the selling prices which were lower than the carrying value of the funeral homes on the Company’s consolidated balance sheets The resulting impairment charges were recorded in Other losses, net in the accompanying consolidated statement of operations during the year ended December 31, 2019. As the Company’s determination of the fair value of these assets were based on the quoted prices the Company received from the sellers, these assets held for sale were classified as Level 1 in the fair value hierarchy. Other Financial Instruments The Company’s other financial instruments at December 31, 2019 consisted of its Senior Secured Notes (see Note 10 Long-Term Debt of this Annual Report) and at December 31, 2018 consisted of its Senior Notes and outstanding borrowings under its revolving credit facility. Both these financial instruments are classified as Level 1 in the fair value hierarchy, as their fair value measurements are based on quoted market prices, obtained from Bloomberg, specific to the Company’s outstanding borrowings. • • At December 31, 2019, the estimated fair value of the Company’s Senior Secured Notes was $383.2 million, based on trades made on that date, compared with the carrying amount of $392.8 million. At December 31, 2018, the estimated fair value of the Company’s Senior Notes was $162.5 million, based on trades made on that date, compared with the carrying amount of $173.6 million. Credit and Market Risk The Company’s financial instruments exposed to concentrations of credit risk consist primarily of its cash and cash equivalents, trade receivables, merchandise trusts and perpetual care trusts. The Company’s cash balances on deposit with financial institutions totaled $34.9 million and $18.1 million as of December 31, 2019 and 2018, respectively, which exceeded Federal Deposit Insurance Corporation insured limits. The Company regularly monitors these institutions’ financial condition. As of December 31, 2019 and 2018, the majority of the Company’s trade receivables were long-term trade account receivables, which typically consisted of interest-bearing installment contracts not to exceed 60 months. Significant customers are those that individually account for greater than 10% of the Company’s consolidated revenue or total accounts receivable. Due to the inherent nature of the Company’s business and consumer make-up, there were no customers whose trade receivables with the Company represented more than 10% of the Company’s total accounts receivable as of December 31, 2019 and 2018. The Company mitigates the credit risk associated with its long-term trade account receivables by performing credit evaluations and monitoring the payment patterns of its customers. Management continually evaluates customer receivables for impairment based on historical experience, including the age of the receivables and the customers’ payment pattern. The Company has a process in place to collect all receivables within 30 to 60 days of aging. As of December 31, 2019 and 2018, the Company had $5.9 million and $4.9 million, respectively, in allowance for doubtful accounts, based on historical cancellation rate trends. The Company wrote off $6.6 million and $9.3 million in bad debts during the years ended December 31, 2019 and 2018. The Company’s merchandise and perpetual care trusts are invested in assets, such as individual equity securities and closed and open-ended mutual funds, with the primary objective of maximizing income and distributable cash flow for trust distributions, while maintaining an acceptable level of risk. Certain asset classes in which the Company invests for the purpose of maximizing yield are subject to an increased market risk. This increased market risk creates volatility in the unrealized gains and losses of the trust assets from period to period. For further details of the market risk to which the Company’s merchandise and perpetual care trusts are subjected, see Part II. Item 7A. Quantitative and Qualitative Disclosures About Market Risk. The Company purchases comprehensive general liability, professional liability, automobile liability and workers’ compensation insurance coverages structured with high deductibles. While these high-deductible insurance programs mean the Company is primarily self- insured for claims and associated costs and losses covered by these policies, it is possible that insurers could seek to avoid or be financially unable to meet their obligations under, or a court may decline to enforce such provisions of, the Company’s insurance programs. 90 Table of Contents 19. SUPPLEMENTAL CONDENSED CONSOLIDATING FINANCIAL INFORMATION The Company’s Senior Secured Notes are guaranteed by the Company’s 100% owned subsidiaries, other than the co-issuers, (except as to each other’s obligations thereunder), as described in Note 10 Long-Term Debt. The guarantees are full, unconditional, joint and several. The Partnership and Cornerstone Family Services of West Virginia Subsidiary Inc. (“CFS West Virginia”) are the co-issuers of the Senior Secured Notes. As of December 31, 2019, StoneMor Inc. is also a guarantor of the Senior Secured Notes. In accordance with the disclosures made in Note 1 General, Basis of Presentation and Principles of Consolidation of this Annual Report, StoneMor Inc. is the “Parent” for the consolidated financial statements presented as of and for the year ended December 31, 2019, while the Partnership is the “Parent” for the consolidated financial statements presented as of and for the year ended December 31, 2018. The Company’s consolidated financial statements as of December 31, 2019 and 2018 and for the years ended December 31, 2019 and 2018 include the accounts of cemeteries operated under long-term leases, operating agreements and management agreements. For the purposes of this note, these entities are deemed non-guarantor subsidiaries, as they are not 100% owned by the Company. The Company’s consolidated financial statements also contain merchandise and perpetual care trusts that are also non-guarantor subsidiaries for the purposes of this note. 91 Table of Contents The financial information presented below reflects the Company’s standalone accounts, the combined accounts of the co-issuers, the combined accounts of the guarantor subsidiaries, the combined accounts of the non-guarantor subsidiaries, the consolidating adjustments and eliminations and the Company’s consolidated accounts as of December 31, 2019 and 2018 and for the years ended December 31, 2019 and 2018. For the purpose of the following financial information, the Company’s investments in its subsidiaries and the guarantor subsidiaries’ investments in their respective subsidiaries are presented in accordance with the equity method of accounting (in thousands): CONDENSED CONSOLIDATING BALANCE SHEETS December 31, 2019 Assets Current assets: Cash and cash equivalents, excluding restricted cash Restricted cash Assets held for sale Other current assets Total current assets Long-term accounts receivable Cemetery and funeral home property and equipment Merchandise trusts Perpetual care trusts Deferred selling and obtaining costs Intangible assets Other assets Investments in and amounts due from affiliates eliminated upon consolidation Total assets Liabilities and Owners' Equity Current liabilities Long-term debt, net of deferred financing costs Deferred revenues Perpetual care trust corpus Other long-term liabilities Investments in and amounts due to affiliates eliminated upon consolidation Total liabilities Owners' equity Total liabilities and owners' equity $ $ $ Parent Partnership CFS West Virginia Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated — — — — — — — — — — — — — — — — — — — $ $ — — — — — — — — — — — — $ — — — 3,497 3,497 2,557 609 — — 5,654 — — $ 33,553 21,900 23,858 62,686 141,997 63,124 391,626 — — 91,243 136 26,907 1,314 — — 11,531 12,845 9,868 31,770 517,192 343,619 18,047 56,110 2,567 $ — 34,867 21,900 23,858 77,714 158,339 75,549 424,005 517,192 343,619 114,944 56,246 29,474 $ 301,531 301,531 $ — 12,317 $ 648,359 1,363,392 $ — 992,018 $ (949,890) (949,890) $ — 1,719,368 161 66,239 33,349 — — 74,674 193 802,528 — 68,227 1,466 — 113,498 343,619 16,373 183,611 283,360 (271,043) 12,317 $ 367,770 1,313,392 50,000 1,363,392 $ 567,666 1,042,622 (50,604) 992,018 $ (1,324,027) (1,324,027) 374,137 (949,890) $ $ 76,301 367,963 949,375 343,619 84,600 — 1,821,858 (102,490) 1,719,368 — 301,531 — — — 102,490 404,021 (102,490) 301,531 92 102,490 102,490 (102,490) — $ Table of Contents CONDENSED CONSOLIDATING BALANCE SHEET (continued) December 31, 2018 Assets Current assets: Cash and cash equivalents, excluding restricted cash Assets held for sale Other current assets Total current assets Long-term accounts receivable Cemetery and funeral home property and equipment Merchandise trusts Perpetual care trusts Deferred selling and obtaining costs Goodwill and intangible assets Other assets Investments in and amounts due from affiliates eliminated upon consolidation Total assets Liabilities, Redeemable Convertible Preferred Units and Partners’ Capital (Deficit) Current liabilities Long-term debt, net of deferred financing costs Deferred revenues Perpetual care trust corpus Other long-term liabilities Due to affiliates Total liabilities Redeemable convertible preferred units Partners’ capital (deficit) Total liabilities, redeemable convertible preferred units and partners’ capital (deficit) Parent Subsidiary Issuer Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated $ $ $ $ $ — — — — — — — — — — — 57,835 57,835 — 68,453 — — — — 68,453 — (10,618) 57,835 $ $ $ 93 $ — — 3,718 3,718 3,118 806 — — 5,511 — — (4,626) 8,527 184 105,160 32,147 — — — 137,491 — (128,964) 8,527 $ $ $ $ 16,298 757 64,167 81,222 71,708 409,497 — — 89,689 25,676 19,401 539,997 1,237,190 60,216 146,635 775,657 — 33,553 173,613 1,189,674 — 47,516 1,237,190 $ $ $ 1,849 — 11,527 13,376 12,322 33,550 488,248 330,562 18,444 60,607 2,926 — 960,035 1,400 — 111,802 330,562 15,230 543,543 1,002,537 — (42,502) 960,035 $ $ $ $ $ — — — — — — — — — — — (593,206) (593,206) — — — — — (717,156) (717,156) — 123,950 (593,206) $ $ $ 18,147 757 79,412 98,316 87,148 443,853 488,248 330,562 113,644 86,283 22,327 — 1,670,381 61,800 320,248 919,606 330,562 48,783 — 1,680,999 — (10,618) 1,670,381 Table of Contents CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS Year Ended December 31, 2019 Total revenues Total costs and expenses Other losses, net Net loss from equity investment in subsidiaries Interest expense Loss on debt extinguishment Income (loss) from operations before income taxes Income tax expense Net income (loss) Year Ended December 31, 2018 Total revenues Total costs and expenses Other loss Net loss from equity investment in subsidiaries Interest expense Income (loss) from continuing operations before income taxes Income tax benefit Net income (loss) Parent Partnership CFS West Virginia Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated $ $ $ — — — (151,942) — — (151,942) — (151,942) $ Parent $ $ $ — — — (125,840) (25,164) (938) (151,942) — (151,942) $ $ 5,041 (15,181) (46) $ 242,339 (285,292) (5,761) (120,653) (10,505) (1,441) (142,785) — (142,785) $ — (11,726) (6,099) (66,539) (28,204) (94,743) $ $ 49,068 (54,610) (2,299) — (1,124) — (8,965) — (8,965) $ $ (6,926) 6,926 — 398,435 — — 398,435 — 398,435 $ 289,522 (348,157) (8,106) — (48,519) (8,478) (123,738) (28,204) (151,942) Subsidiary Issuer Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated $ — — — (63,084) (5,434) (68,518) — (68,518) $ 94 6,382 (13,666) (445) (54,573) (8,348) (70,650) — (70,650) $ $ $ 266,550 (285,578) (9,510) — (15,787) (44,325) 1,797 (42,528) $ $ 52,271 (58,349) (1,549) — (1,033) (8,660) — (8,660) $ $ (9,077) 9,077 — 117,657 — 117,657 — 117,657 $ 316,126 (348,516) (11,504) — (30,602) (74,496) 1,797 (72,699) Table of Contents CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS Year Ended December 31, 2019 Net cash provided by operating activities Cash Flows From Investing Activities: Cash paid for acquisitions and capital expenditures, net of proceeds from divestitures and asset sales Payments to affiliates Net cash used in investing activities Cash Flows From Financing Activities: Payments from affiliates Proceeds from issuance of redeemable convertible preferred units, net Net borrowings and repayments of debt Other financing activities Net cash used in financing activities Net increase (decrease) in cash and cash equivalents and restricted cash Cash and cash equivalents and restricted cash— Beginning of period Cash and cash equivalents and restricted cash— End of period Year Ended December 31, 2018 Net cash provided by operating activities Cash Flows From Investing Activities: Cash paid for acquisitions and capital expenditures, net of proceeds from divestitures and asset sales Net cash used in investing activities Cash Flows From Financing Activities: Cash distributions Payments to affiliates Proceeds from issuance of redeemable convertible preferred units, net Net borrowings and repayments of debt Other financing activities Net cash used in financing activities Net decrease in cash and cash equivalents Cash and cash equivalents—Beginning of period Cash and cash equivalents—End of period 20. SIGNIFICANT RISKS AND CONCENTRATIONS Parent Partnership $ — $ — $ CFS West Virginia 280 $ Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated (1,662) $ (935) $ (35,669) $ (37,986) — — — — — — — — — — — (390,238) (390,238) — 57,500 332,738 — 390,238 — — (232) (73,087) (73,319) — — 73,039 — 73,039 — — (644) — (644) 427,656 — (367,746) (18,449) 41,461 39,155 16,298 713 — 713 — — (313) — (313) (535) — 463,325 463,325 (427,656) — — — (427,656) — 1,849 — (163) — (163) — 57,500 37,718 (18,449) 76,769 38,620 18,147 $ — $ — $ — $ 55,453 $ 1,314 $ — $ 56,767 Parent Subsidiary Issuer Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated $ — $ 370 $ 39,942 $ (73) $ (13,782) $ 26,457 — — — — — — — — — — — $ (370) (370) — — — — — — — — — $ (11,510) (11,510) — (13,782) — 1,387 (3,955) (16,350) 12,082 (683) (683) — — — — — — (756) — — — 13,782 — — — 13,782 — $ 4,216 16,298 $ 2,605 1,849 $ — — $ (12,563) (12,563) — — — 1,387 (3,955) (2,568) 11,326 6,821 18,147 The Company operates in two reportable segments: Cemetery Operations and Funeral Home Operations, with significant concentration in the Cemetery Operations segment. During the years ended December 31, 2019 and 2018, revenues from the Company’s Cemetery Operations represented 82% and 83% of the Company’s consolidated revenue, respectively. During the years ended December 31, 2019 and 2018, sales from the Company’s Cemetery Operations contributed 68% of the Company’s consolidated segment profit. 95 Table of Contents Although the death care business is relatively stable and predictable, the Company’s results of operations may be subject to seasonal fluctuations in deaths due to weather conditions and illness. Generally, more deaths occur during the winter months, primarily resulting from pneumonia and influenza. In addition, the Company generally performs fewer initial openings and closings in the winter, as the ground is frozen in many of the areas in which the Company operates. The Company may also experience declines in contracts written during the winter months due to inclement weather, which makes it more difficult for the Company’s sales staff to meet with customers. For the year ended December 31, 2019, revenue from one location represented more than 10% of the Company’s consolidated revenue and revenue from five locations collectively represented approximately 49% of the Company’s consolidated revenue. For the year ended December 31, 2018, revenue from one location represented more than 10% of the Company’s consolidated revenue and revenue from six locations collectively represented approximately 52% of the Company’s consolidated revenue. 21. RELATED PARTIES On February 4, 2019, the Partnership entered into the Eighth Amendment and Wavier to Credit Agreement with, among other parties, certain funds affiliated with Axar Capital Management, LP (collectively, the “Axar Lenders”) pursuant to which, among other things, the Axar Lenders agreed to provide an up to $35.0 million bridge financing in the form of a Tranche B Revolving Credit Facility (the “Tranche B Facility”). Borrowings under the financing arrangement including the Tranche B Facility were collateralized by a perfected first priority security interest in substantially all assets of the Partnership and the other borrowers thereunder held for the benefit of the existing Tranche A Revolving Lenders and bore interest at a fixed rate of 8.0%. Borrowings under the Tranche B Facility on original date thereof were subject to an original issue discount in the amount of $0.7 million, which was recorded as original issue discount, and the Partnership paid additional interest in the amount $0.7 million at the termination and payment in full of the financing arrangement, which will be accreted to interest expense over the term of the financing arrangement. As of the date of the transaction, funds and/or managed accounts for which Axar Capital Management, LP served as investment manager (collectively, the “Axar Vehicles”) beneficially owned approximately 19.5% of the Partnership’s outstanding common units. The highest outstanding principal amount under the Tranche B Facility during 2019 was $35.0 million, all of which was repaid (together with interest, including the original issue discount), in the amount of $2.2 million, in connection with the Recapitalization Transactions. On June 27, 2019, the Axar Vehicles, David Miller and certain other investors (individually a “Purchaser” and collectively the “Purchasers”) and the Company entered into the Series A Preferred Unit Purchase Agreement (the “Series A Purchase Agreement” and the transactions contemplated thereby, the “Preferred Offering”) pursuant to which the Partnership sold to the Purchasers an aggregate of 52,083,333 of the Partnership’s Series A Preferred Units (the “Preferred Units”) at a purchase price of $1.1040 per Preferred Unit, reflecting an 8% discount to the liquidation preference of each preferred unit, for an aggregate purchase price of $57.5 million. The Axar Vehicles purchased an aggregate of 39,764,492 Preferred Units for an aggregate purchase price of $43.9 million and David Miller purchased an aggregate of 996,377 Preferred Units for an aggregate purchase price of $1.1 million. Immediately prior to consummation of the Preferred Offering, Andrew M. Axelrod, the sole member of Axar GP, LLC, the general partner of Axar Capital Management, LP, and Mr. Miller were appointed directors of the Partnership’s general partner. On June 27, 2019, the Partnership also consummated a private placement of $385.0 million of 9.875%/11.500% Senior Secured PIK Toggle Notes due 2024 to certain financial institutions (collectively with the Preferred Offering, the “Recapitalization Transactions”) pursuant to the terms of an indenture dated June 27, 2019 by and among the Company, Cornerstone Family Services of West Virginia Subsidiary, Inc. (collectively with the Company, the “Issuers”), certain direct and indirect subsidiaries of the Company (as guarantors), the initial purchasers party thereto and Wilmington Trust, National Association, as trustee. A portion of the net proceeds of the Recapitalization Transactions were used to repay the outstanding principal balance of and accrued and unpaid interest on the Tranche B Facility with the Axar Lenders. On October 25, 2019, the Partnership completed the Rights Offering. In accordance with the terms of the Preferred Units as set forth in the Partnership’s Third Amended and Restated Agreement of Limited Partnership dated as of June 27, 2019, the gross proceeds from the Rights Offering were used to redeem an aggregate of 3,039,380 Preferred Units at a redemption price of $1.20 per Preferred Unit, including (i) 1,921,315 Preferred Units redeemed from the Axar Vehicles for an aggregate redemption price of $2,305,578 and (ii) 90,432 Preferred Units redeemed from the David Miller for an aggregate redemption price of $108,518. In addition, Messrs. Redling and Negrotti participated and acquired 422,341 and 7,519 common units, respectively, in the Rights Offering. In December 2019, the Company purchased a $30 million participation in a $70 million new debt facility issued by Payless Holdings LLC (“Payless”). Funds and accounts affiliated with Axar also invested $20 million in this facility. The investment was initially proposed by the Company’s Chairman of the Board, Mr. Axelrod and subsequently approved by the Board. The Axar funds controlled by Mr. Axelrod own approximately 30% of the equity of Payless, and Mr. Axelrod serves on Payless’ 96 Table of Contents board of directors. The Company’s investment in Payless represents approximately 4% of the total fair market value of all of the Company’s trusts as of December, 31, 2019. As of March 1, 2020, Axar beneficially owned 52.4% of the Company’s outstanding common stock, which constituted a majority of the Company’s outstanding common stock. As a result, the Company is a “controlled company” within the meaning of NYSE corporate governance standards. For discussion of certain risks and uncertainties attributable to the Company being a controlled company, see Part I, Item 1A. Risk Factors of this Annual Report. For discussion on the security ownership of certain beneficial owners, directors and executives of the Company, see Part III, Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters of this Annual Report. On April 1, 2020 and April 3, 2020, the Company entered into the Axar Commitment and the 2020 Preferred Purchase Agreement, respectively, with Axar and funds or accounts under its management, respectively. For further details, see Note 26 Subsequent Events of this Annual Report. 22. ASSETS HELD FOR SALE In October 2019, the Company committed to the Oakmont Sale (defined within) for an aggregate cash purchase price of $33.0 million, which was then consummated in January 2020. As such, the Company classified all assets and liabilities associated with the Oakmont Sale as Assets held for sale on its consolidated balance sheet as of December 31, 2019. The Company also had other immaterial assets and liabilities that met the assets held for sale criteria as of December 31, 2019. The following table summarizes the assets and liabilities that have been classified as Assets held for sale on the Company’s consolidated balance sheets as of December 31, 2019 and 2018: Oakmont December 31, 2019 Other Total December 31, 2018 Other Assets Current assets: Accounts receivable, net of allowance Prepaid expenses Other current assets Total current assets held for sale Long-term accounts receivable, net of allowance Cemetery property Property and equipment, net of accumulated depreciation Merchandise trusts, restricted, at fair value Perpetual care trusts, restricted, at fair value Deferred selling and obtaining costs Other assets Total assets held for sale Liabilities Current liabilities: Accounts payable and accrued liabilities Current portion, long-term debt Other current liabilities Total current liabilities held for sale Deferred revenues Perpetual care trust corpus Other long-term liabilities Total liabilities held for sale Net assets held for sale 23. SEGMENT INFORMATION $ $ $ $ 580 34 35 649 3,194 5,811 2,762 6,673 2,470 1,388 411 23,358 102 36 5,000 5,138 12,856 2,470 204 20,668 2,690 $ $ $ $ $ $ $ — — — — — 350 150 — — — — 500 — — — — — — — — 500 $ 580 34 35 649 3,194 6,161 2,912 6,673 2,470 1,388 411 23,858 102 36 5,000 5,138 12,856 2,470 204 20,668 3,190 $ $ $ $ — — — — — 350 407 — — — — 757 — — — — — — — 757 Management operates the Company in two reportable operating segments: Cemetery Operations and Funeral Home Operations. These operating segments reflect the way the Company manages its operations and makes business decisions. Management evaluates the performance of these operating segments based on interments performed, interment rights sold, pre-need 97 Table of Contents cemetery and at-need cemetery contracts written, revenue and segment profit (loss). As a percentage of revenue and assets, the Company’s major operations consist of its cemetery operations. The following tables present financial information with respect to the Company’s segments (in thousands). Corporate costs represent those not directly associated with an operating segment, such as corporate overhead, interest expense and income taxes. Corporate assets primarily consist of cash and cash equivalents and restricted cash. Year Ended December 31, 2019 2018 STATEMENT OF OPERATIONS DATA: Cemetery Operations(1): Revenues Operating costs and expenses Depreciation and amortization Segment operating profit Funeral Home Operations: Revenues Operating costs and expenses Depreciation and amortization Segment operating profit Reconciliation of segment operating profit to net loss: Cemetery Operations Funeral Home Operations Total segment profit Corporate overhead Corporate depreciation and amortization Other losses, net Loss on debt extinguishment Loss on impairment of goodwill Interest expense Income tax (expense) benefit Net loss Exit and disposal activities Cemetery Operations Funeral Home Operations Corporate Total exit and disposal activities CASH FLOW DATA: Capital expenditures: Cemetery Operations Funeral Home Operations Corporate Total capital expenditures (1) Segment operating profit for Cemetery Operations for the year ended December31, 2019 excludes the loss on impairment of goodwill recognized by the Company in 2019. 98 $ $ $ $ $ $ $ $ 237,887 (218,091) (7,420) 12,376 51,635 (43,315) (2,376) 5,944 12,376 5,944 18,320 (51,107) (986) (8,106) (8,478) (24,862) (48,519) (28,204) (151,942) 935 25 583 1,543 4,871 1,431 115 6,418 $ $ $ $ $ $ $ $ 261,935 (238,974) (8,037) 14,924 54,191 (44,525) (2,744) 6,922 14,924 6,922 21,846 (53,281) (955) (11,504) — — (30,602) 1,797 (72,699) — — — — 9,025 2,839 308 12,172 Table of Contents BALANCE SHEET DATA: Assets: Cemetery Operations Funeral Home Operations Corporate Total assets Goodwill: Cemetery Operations Assets held for sale: Cemetery Operations Funeral Home Operations Total assets held for sale Disposed assets: Cemetery Operations Funeral Home Operations Total disposed assets December 31, 2019 December 31, 2018 $ $ $ $ $ $ $ 1,504,463 148,310 66,595 1,719,368 — 20,819 3,039 23,858 — 110 110 $ $ $ $ $ $ $ 1,509,947 136,064 24,370 1,670,381 24,862 349 408 757 18 586 604 24. SUPPLEMENTAL CONSOLIDATED CASH FLOW INFORMATION The tables presented below provide supplemental information to the consolidated statements of cash flows regarding contract origination and maturity activity included in the pertinent captions on the Company’s consolidated statements of cash flows (in thousands): Accounts Receivable Pre-need/at-need contract originations (sales on credit) Cash receipts from sales on credit (post-origination) Changes in accounts receivable, net of allowance Customer Contract Liabilities Deferrals: Cash receipts from customer deposits at origination, net of refunds Withdrawals of realized income from merchandise trusts during the period Pre-need/at-need contract originations (sales on credit) Undistributed merchandise trust investment earnings, net Recognition: Merchandise trust investment income, net withdrawn as of end of period Recognized maturities of customer contracts collected as of end of period Recognized maturities of customer contracts uncollected as of end of period Changes in customer contract liabilities Year ended December 31, 2019 2018 $ $ $ $ $ $ (113,759) 105,126 (8,633) 141,264 8,537 113,759 13,389 (9,555) (204,629) (26,109) 36,656 $ (126,199) 130,697 4,498 146,279 15,582 126,199 (2,725) (9,618) (188,897) (49,415) 37,405 99 Table of Contents 25. QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) The following summarizes certain quarterly results of operations data: Year Ended December 31, 2019 Revenues Gross loss(1) Net loss (2) Net loss per common share (basic and diluted)(2) Year Ended December 31, 2018 Revenues Gross loss(1) Net loss (2) General partner’s interest in net income (loss) for the period Limited partners’ interest in net loss for the period Net loss per common limited partner unit (basic and diluted)(2) First Quarter Second Quarter Third Quarter Fourth Quarter (in thousands, except per unit data) $ $ $ $ 71,469 (9,363) (22,534) (0.59) 77,945 (8,026) (17,923) (187) (17,736) (0.47) $ $ $ $ 78,495 (6,759) (34,398) (0.87) 81,571 (8,738) (17,017) (177) (16,840) (0.44) $ $ $ $ 73,151 (6,441) (42,652) (1.10) 73,185 (10,016) (17,225) (179) (17,046) (0.45) $ $ $ $ 66,407 (11,210) (52,358) (1.23) 83,425 (5,610) (20,534) (214) (20,320) (0.54) (1) (2) Gross profit (loss) is computed based upon total revenues less total costs and expenses per the consolidated statements of operations for each quarter. Net loss per common share for the year ended December 31, 2019 and net loss per common limited partners unit for the year ended December 31, 2018 were computed independently for each quarter and the full year based upon respective weighted- average outstanding common shares or common limited partners unit. Therefore, the sum of the quarterly per common share or per common limited partners unit amounts for the year ended December 31, 2019 and 2018, respectively, may not equal the annual per share amounts. 26. SUBSEQUENT EVENTS Divestitures In the fourth quarter of 2019, the Company launched an asset sale program designed to divest assets at attractive multiples, reduce debt levels and improve the Company’s cash flow and liquidity. Execution of this program has resulted in the following divestiture activity: On January 3, 2020, the Company sold substantially all of the assets of Oakmont Memorial Park, Oakmont Funeral Home, Redwood Chapel, Inspiration Chapel and Oakmont Crematory located in California pursuant to the terms of an asset sale agreement (the “Oakmont Agreement”) with Carriage Funeral Holdings, Inc. for an aggregate cash purchase price of $33.0 million (the “Oakmont Sale”). The divested assets consisted of one cemetery, one funeral home and certain related assets. The Oakmont Sale resulted in a gain exceeding approximately $20.0 million for the Company, which it will recognize in its condensed consolidated statement of operations for the quarter ended March 31, 2020. For further details on the assets and liabilities the Company divested in connection with the Oakmont Sale, see Note 22 Assets Held for Sale of this Annual Report. In March 2020, the Company entered into an asset sale agreement for the sale of substantially all of the assets of the cemetery, funeral establishment and crematory commonly known as Olivet Memorial Park, Olivet Funeral and Cremation Services and Olivet Memorial Park & Crematory (the “Olivet Agreement”) with Cypress Lawn Cemetery Association for a net cash purchase price of $24.3 million, subject to certain adjustments (the “Olivet Sale”). In addition, in March 2020, the Company entered into an asset sale agreement (the “California Agreement”) with certain entities owned by John Yeatman and Guy Saxton to sell substantially all of the Company’s remaining California properties, consisting of five cemeteries, six funeral establishments and four crematories (the “Remaining California Assets”) for a cash purchase price of $7.1 million, subject to certain closing adjustments (the “Remaining California Sale”). In January 2020, the Company redeemed an aggregate $30.4 million of principal on the Senior Secured Notes, primarily using the net proceeds from the Oakmont Sale. Per the Indenture, the Company anticipates using the first $23.7 million of net proceeds from the Olivet Sale and the Remaining California Sale and 80% of the remaining net proceeds from the Olivet Sale along with 80% of the net proceeds from the Remaining California Sale to redeem additional portions of the outstanding Senior Secured Notes. 100 Table of Contents Discontinued Operations The Company’s recently consummated Oakmont Sale and Olivet Sale and pending Remaining California Sale (collectively, the “Total California Sale”) meet the criteria in ASC 205, Discontinued Operations, to be presented as discontinued operations on the Company’s consolidated financial statements in its periodic filings beginning in fiscal year 2020, as the Total California Sale constitutes the disposal of a major geographical area in which the Company operates and as such represents a strategic shift that will have a major effect on the Company’s operations and financial results. The Company will present the assets and liabilities associated with the Total California Sale separately in the asset and liability sections of its consolidated balance sheets and will report the results of operations of the above-mentioned divestitures separately in its consolidated statements of operations for all periods presented in its periodic filings beginning with its quarterly report on Form 10-Q for the quarter ending March 31, 2020. COVID-19 and Business Interruption The outbreak of COVID-19 in Wuhan, China in December 2019 has since reached pandemic proportions, posing a significant threat to the health and economic wellbeing of the Company’s employees, customers and vendors. Currently, the Company’s operations have been deemed essential by the state and local governments in which it operates, with the exception of Puerto Rico, and the Company is actively working with federal, state and local government officials to ensure that it continues to satisfy their requirements for offering the Company’s essential services. The operation of all of the Company’s facilities is critically dependent on the Company’s employees who staff these locations. To ensure the wellbeing of the Company’s employees and their families, the Company has provided every employee of the Company with detailed health and safety literature on COVID-19, such as the CDC’s industry-specific guidelines for working with the deceased who were and may have been infected with COVID-19, the Company’s procurement and safety teams have updated and developed new safety-oriented guidelines to support daily field operations and provided personal protection equipment to those employees whose positions necessitate them, and the Company has implemented work from home policies at the Company’s corporate office consistent with CDC guidance to reduce the risks of exposure to COVID-19 while still supporting the families that we serve. The Company’s marketing and sales team has quickly responded to the sales challenges presented by the COVID-19 Pandemic by implementing virtual meeting options using a variety of web-based tools to ensure that the Company’s sales personnel can continue to connect with and meet the needs of the Company’s customers in a safe, effective and productive manner. Some of the Company’s locations have also started providing live video streaming of their funeral and burial services to customers, so that family and friends can connect virtually during their time of grief. Like most businesses world-wide, the COVID-19 Pandemic has impacted the Company financially; however, the Company cannot presently predict the scope and severity with which COVID-19 will impact the Company’s business, financial condition, results of operations and cash flows. As recently as early March 2020, the Company was experiencing sales growth for the first quarter of 2020, as compared to the first quarter of 2019. However, over the last two weeks, the Company has seen its pre-need sales activity decline as Americans practice social distancing. In addition, the Company’s pre-need customers with installment contracts could default on their installment contracts due to lost work or other financial stresses arising from the COVID-19 Pandemic. While the Company expects its pre-need sales to be challenged during the COVID 19 Pandemic, the Company believes the implementation of its virtual meeting tools is one of several key steps to mitigate this disruption. In addition, the Company expects that throughout this disruption its cemeteries and funeral homes will remain open and available to serve its families in all the locations in which it operates to the extent permitted by local authorities, with the exception of Puerto Rico. Amendments to the Indenture and Capital Raise in 2020 On April 1, 2020, the Partnership and Cornerstone (collectively with the Partnership, the “Issuers”) and Wilmington Trust, National Association, as trustee, entered into the Third Supplemental Indenture (the “Supplemental Indenture”) to the Indenture. Pursuant to the terms of the Supplemental Indenture: 1. The following financial covenants were amended: a. b. c. The Interest Coverage Ratio measurements at March 31, June 30 and September 30, 2020 were eliminated and replaced with a Minimum Operating Cash Flow covenant of $(25.0 million), $(35.0 million) and $(35.0 million), respectively; The required Interest Coverage Ratios at December 31, 2020, March 31, 2021 and June 30, 2021 were reduced to 0.00x, 0.75x and 1.10x, respectively, from 1.15x, 1.25x and 1.30x; and The Asset Coverage tests at March 31, June 30, September 30 and December 31, 2020 were reduced to 1.40x from 1.60x; 101 Table of Contents 2. 3. The premium payable upon voluntary redemption of the Senior Secured Notes on or after June 27, 2021 and before June 27, 2022 was increased from 4.0% to 5.0% and the premium payable upon any such voluntary redemption on or after June 27, 2022 and before June 27, 2023 was increased from 2.0% to 3.0%; and The Issuers agreed to use their best efforts to cause the Company to effectuate a rights offering on the terms described below as promptly as practicable with an expiration date no later than July 24, 2020 and to receive proceeds of not less than $8.2 million therefrom (in addition to the $8.8 million capital raise described below). The foregoing amendments effected by the Supplemental Indenture will become operational when the Company pays a $5 million consent fee to the holders of the Senior Secured Notes, of which $3.5 million will be paid in cash and $1.5 million will be paid by increasing the principal amount of the Senior Secured Notes outstanding, and satisfies other specified conditions. Concurrently with the execution of the Supplemental Indenture, the Company entered into a letter agreement (the “Axar Commitment”) with Axar pursuant to which Axar committed to (a) purchase shares of our Series A Preferred Stock with an aggregate purchase price of $8.8 million on April 3, 2020, (b) exercise its basic rights in the rights offering by tendering the shares of Series A Preferred Stock so purchased for shares of Common Stock and (c) purchasing any shares offered in the rights offering for which other stockholders do not exercise their rights, up to a maximum of an additional $8.2 million of such shares. The Company did not pay Axar any commitment, backstop or other fees in connection with the Axar Commitment. On April 3, 2020, as contemplated by the Axar Commitment, the Company and Axar CL SPV LLC, Star V Partners LLC and Blackwell Partners LLC –Series E. (the “2020 Purchasers”) entered into a Series A Preferred Stock Purchase Agreement (the “2020 Preferred Purchase Agreement”) pursuant to which the Company sold 176 shares of its Series A Preferred Stock, par value $0.01 per share (the “Preferred Shares”), for a cash price of $50,000 per share, an aggregate of $8.8 million. The Company offered and sold the Preferred Shares in reliance upon the exemption from the registration requirements of the Securities Act pursuant to Section 4(a)(2) thereof. The Company relied on this exemption from registration based in part on representations made by the 2020 Purchasers in the 2020 Preferred Purchase Agreement. Under the terms of the Supplemental Indenture and the Axar Commitment, the Company agreed to undertake an offering to holders of its Common Stock of transferable rights to purchase their pro rata share of shares of Common Stock with an aggregate exercise price of at least $17 million at a price of $0.73 per share. The rights offering period, during which the rights will be transferable, will be no less than 20 calendar days and no more than 45 calendar days. The Company agreed to use its best efforts to complete the rights offering with an expiration date no later than July 24, 2020. Strategic Partnership Agreement On April 2, 2020, the Company entered into two multi-year Master Services Agreements (the “MSAs”) with Moon Landscaping, Inc. and its affiliate, Rickert Landscaping, Inc. (collectively “Moon”). Under the terms of the MSAs, Moon will provide all grounds and maintenance services at most of the funeral homes, cemeteries and other properties the Company owns or manages including, but not limited to, landscaping, openings and closings, burials, installations, routine maintenance and janitorial services. Moon will hire all of the Company’s grounds and maintenance employees at the serviced locations and will perform all functions currently handled by those employees. The Company expects the implementation of the MSAs to take place on a clustered basis over the next three to four months, with full implementation expected no later than July 31, 2020. The Company agreed to pay a total of approximately $241 million over the term of the contract, which runs through December 31, 2024, based upon an initial annual cost of $49 million and annual increases of 2%. The first year cost will be prorated based upon exact implementation and roll-out schedule for each location. As part of the MSAs, the Company agreed to lease its landscaping and maintenance equipment to Moon for the duration of the agreements and to transfer title to any such equipment we own at the end of the term to Moon, in each case without any additional payment by Moon. As of December 31, 2019, the net book value of the equipment we will be leasing to Moon was approximately $7.4 million. Each party has the right to terminate the MSAs at any time on six months’ prior written notice, provided that if the Company terminate the MSAs without cause, it will be obligated to pay Moon an equipment credit fee in the amount of $1.0 million for each year remaining in the term, prorated for the portion of the year in which any such termination occurs. The MSAs also contain representations, covenants and indemnity provisions that are customary for agreements of this nature. 102 Table of Contents ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE Not applicable. ITEM 9A. CONTROLS AND PROCEDURES EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES The Company maintains disclosure controls and procedures as defined in Rules 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934, as amended (the "Exchange Act") that are designed to ensure that information required to be disclosed in our reports filed under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms and that such information is accumulated and communicated to our management, including the Chief Executive Officer ("CEO") and Chief Financial Officer ("CFO"), as appropriate, to allow timely decisions regarding required disclosure. Our management, including the CEO and CFO, evaluated the design and operation of our disclosure controls and procedures pursuant to Rules 13a-15(e) and 15d-15(e) under the Exchange Act as of December 31, 2019. Based on such evaluation, our CEO and CFO concluded the disclosure controls and procedures were not effective due to the material weaknesses in internal control over financial reporting described below. MANAGEMENT’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING Our management is responsible for establishing and maintaining adequate internal control over financial reporting as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act. Our internal control over financial reporting is a process designed under the supervision of our Chief Executive Officer and Chief Financial Officer to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America ("GAAP"). Management’s internal control over financial reporting includes those policies and procedures that (i) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the Company; (ii) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with GAAP and that receipts and expenditures of the Company are being made only in accordance with authorizations of management and directors of the Company; and (iii) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the Company’s assets that could have a material effect on the financial statements. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements on a timely basis. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with policies and procedures may deteriorate. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting such that there is a reasonable possibility that a material misstatement of the Company’s annual or interim financial statements will not be prevented or detected on a timely basis. Management previously identified and reported material weaknesses in its Annual Report on Form 10-K for the Year Ended December 31, 2018. We conducted an evaluation of the effectiveness of the Company’s internal control over financial reporting as of December 31, 2019 based on the criteria set forth in Internal Control—Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission ("COSO"). Based on our assessment, we concluded that the Company did not maintain effective internal control over financial reporting as of December 31, 2019 as a result of the material weaknesses described below: 103 Table of Contents A. Control environment, control activities and monitoring: The Company did not design and maintain effective internal controls over financial reporting related to control environment, control activities and monitoring based on the criteria established in the Committee of Sponsoring Organization Internal Control Integrated Framework including more specifically: • • Management did not implement effective oversight to support deployment of control activities due to (a) failure to establish clear accountability for the performance of internal control over financial reporting responsibilities in certain areas important to financial reporting and (b) failure to prioritize and implement related corrective actions in a timely manner. Management did not have effective monitoring controls over the periodic review of user access to applications and data and for user access to segregate duties within relevant financial applications. B. Establishment and review of certain accounting policies: The Company’s controls applicable to establishment, periodic review for ongoing relevance and consistent application of material accounting policies in conformity with generally accepted accounting principles (“GAAP”) including (i) revenue recognition and (ii) insurance-related assets and liabilities were not designed appropriately and thus failed to operate effectively. More specifically: • • • Management did not maintain effective controls over sales contract origination occurring at its site locations. Specifically, there was no subsequent review of contract entry at site locations or corporate and no approved master price listing. Management did not have effective review and monitoring controls over revenue recognition with respect to the Accounting Standards Codification 606, Revenues from Contracts with Customers, to timely detect misstatements in income statement and balance sheet accounts. There was no oversight monitoring at corporate for contract cancellations, and the timely and accurate servicing of contracts for proper revenue recognition. Management did not maintain effective completeness and accuracy controls at a level of precision to timely detect misstatements related to the insurance related assets and liabilities. C. Reconciliation of certain general ledger accounts to supporting details: The Company’s controls over the reconciliation of amounts recorded in the general ledger for "Cemetery property" and "Deferred revenues" on the consolidated balance sheets were not designed appropriately and thus failed to operate effectively. More specifically: • • Management did not have effective segregation of duties over the preparation and subsequent review of its deferred revenue reconciliation process at a sufficient level of precision to timely detect potential misstatements of the related income statement and balance sheet accounts. Management did not consistently reconcile these general ledger account balances to supporting documentation. D. Accurate and timely relief of deferred revenues and corresponding recognition of income statement impacts: The Company’s internal controls designed to prevent a material misstatement in the recognized amount of "Deferred revenues" as of the balance sheet date were not designed appropriately. Specifically, the Company concluded that it did not design effective controls that would lead to a timely identification of a material error in "Deferred revenues" due to failure to accurately and timely relieve the liability when the service was performed, or merchandise was delivered. Further, the Company’s review controls designed to detect such errors did not operate at the appropriate level of precision to identify such error. More specifically: • • Management did not have effective review and monitoring controls over the revenue, cost of goods sold and deferred balances of pre-acquisition contracts at a sufficient level of precision to timely detect potential misstatements of the related income statement and balance sheet accounts. Management did not have effective review and monitoring controls over the results of ongoing deferred revenue testing at a sufficient level of precision to detect potential misstatements of the related balance sheet accounts. Our management communicated the results of its assessment to the Audit Committee of the Board of Directors. 104 Table of Contents STATUS OF REMEDIATION OF MATERIAL WEAKNESSES Management is committed to the remediation of the material weaknesses described above, as well as the continued improvement of our internal control over financial reporting. We have identified and are implementing,, the actions described below to remediate the underlying causes of the control deficiencies that gave rise to the material weaknesses. As we continue our evaluation and improve our internal control over financial reporting, management may modify the actions described below or identify and take additional measures to address control deficiencies. Until the remediation efforts described below, including any additional measures management identifies as necessary, are completed, the material weaknesses described above will continue to exist. A. To address the material weakness in control environment, control activities and monitoring, the Company is: • • • • • Re-evaluating its internal controls over financial reporting program including our risk assessment process, internal controls and process documentation; Enhancing the existing and developing more appropriate corporate monitoring controls to provide reasonable assurance that the Company maintains sufficient oversight of the performance of internal controls; Planning to provide internal controls training throughout the Company; Implementing a project team with appropriate subject matter expertise to oversee and monitor the remediation plans and status of all internal control deficiencies; and Re-evaluating security and access rights reporting from relevant financial applications and databases and determining the appropriateness of access as well as potential segregation of duties conflicts. Management will continue to review such actions and progress with the Audit Committee. The remediation of this weakness in the control environment will contribute to the remediation of each of the additional material weaknesses described below. B. To address the material weakness associated with the establishment and periodic review of certain accounting policies for compliance with applicable GAAP that gave rise to potentially inaccurate or untimely revenue recognition and accounting for insurance-related assets and liabilities, management is performing a comprehensive review of the Company’s existing accounting policies to provide reasonable assurance of compliance with GAAP. More specifically, the Company plans to: • • • Implement new controls over sales contract origination in order to monitor the completeness and accuracy of contract information recorded in the system; this includes validation of the accuracy of contract data in the contract management system, comparing pricing to approved standard price lists and/or implementing pricing approval workflow; and, validating merchandise and perpetual trust amounts and percentages. Develop a process to evaluate contract cancellations and to facilitate the timely and accurate servicing of contracts for proper revenue recognition. Implement additional controls over the input data related to the completeness and accuracy of the calculation provided by the actuary for the related insurance assets and liabilities; and C. To address the material weakness associated with controls over the reconciliation of amounts in cemetery property and deferred revenue, management is in the process of reassessing its existing policies and designing procedures to: • • Implement independent review procedures of all deferred revenue reconciliations Validate the completeness and accuracy of cemetery property activity by comparing system data to information provided by the site locations in order to assess cemetery property and deferred revenue balances. As noted in Section B. above, Management’s implementation of and enhancement of sales contract origination, servicing, and revenue recognition and cost controls will contribute to the improvement of the quality of the cemetery property and deferred revenue reconciliations. D. To address the material weakness regarding accurate and timely relief of deferred revenue and corresponding income statement impacts, the Company continues to refine controls and introduce additional monitoring controls which will operate at an appropriate level of precision to identify material misstatements in "Deferred revenues." More specifically, Management plans to implement additional review procedures and steps for its deferred revenue analysis, which includes analyzing historical not on system (NOS) contracts, comparing trust liability to its trust asset basis, and automating the match of purchase receipts to servicing data in the contract management system. 105 Table of Contents We believe these measures will remediate the material weaknesses noted. As we continue to evaluate and work to remediate the control deficiencies that gave rise to the material weaknesses, we may determine that additional measures or time are required to address the control deficiencies or that we need to modify or otherwise adjust the remediation measures described above. We will continue to assess the effectiveness of our remediation efforts in connection with our evaluation of our internal control over financial reporting. Also, we believe the corrective actions and controls need to be in operation for a sufficient period of time for management to conclude that the control environment is operating effectively and has been adequately tested through audit procedures. REMEDIATION OF PREVIOUS MATERIAL WEAKNESSES To address the material weakness associated with management not maintaining effective controls over the assessment of condition and impairment of allocated and un-allocated merchandise inventory due to excessive or deterioration damage, the Company designed and implemented additional controls to identify and assess excess or damage merchandise inventory and record appropriate reserves. To address the material weakness associated with management not maintaining effective segregation of duties over revenue recognition with respect to the ASC 606 transition adjustment and subsequent calculations at a sufficient level of precision to timely detect misstatements in the related income statement and balance sheet account, the Company has automated the calculations and implemented an independent review process CHANGES IN INTERNAL CONTROL OVER FINANCIAL REPORTING Our remediation efforts were ongoing during our last fiscal quarter ended December 31, 2019. Other than the remediation steps described above, there were no other material changes in our internal control over financial reporting identified in management’s evaluation pursuant to Rules 13a-15(d) and 15d-15(d) of the Exchange Act during the quarter ended December 31, 2019 that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting. ITEM 9B. OTHER INFORMATION None. 106 Table of Contents PART III ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE DIRECTORS AND EXECUTIVE OFFICERS OF STONEMOR INC. The following table shows information regarding our executive officers of as of March 1, 2020. Name Joseph M. Redling Jeffrey DiGiovanni (1) Austin K. So Tom Connolly Age 61 43 46 54 Positions with StoneMor Inc. President, Chief Executive Officer and Director Chief Financial Officer and Senior Vice President Senior Vice President, Chief Legal Officer and Secretary Senior Vice President of Business Planning and Operations (1) Jeffrey DiGiovanni has served as Chief Financial Officer and Senior Vice President since September 19, 2019. Garry P. Herdler served as Chief Financial Officer and Senior Vice President from April 15, 2019 to September 18, 2019. Mark Miller served as Chief Financial Officer and Senior Vice President from May 16, 2017 to April 14, 2019. Our Board of Directors (the “Board”) is divided into three classes, with the terms of one class expiring at each annual meeting of stockholders. Upon the expiration of a term of a class of directors, the directors in such class are elected for a term of three years and until their respective successors are duly elected and qualified or until their earlier resignation or removal. Andrew Axelrod serves as Chairman of our Board. We are a “controlled company” within the meaning of the New York Stock Exchange listing standards. As a controlled company, we are not subject to the requirements under those listing standards that a majority of our directors and all of the members of our Compensation, Nominating and Governance Committee be independent. However, our Corporate Governance Guidelines do require that a majority of our directors, and the charter of our Compensation, Nominating and Governance Committee requires that all of its members, be independent within the meaning of those standards. The following table shows information regarding our directors as of March 1, 2020: Name Andrew Axelrod Spencer E. Goldenberg Robert B. Hellman, Jr. David Miller Stephen J. Negrotti Joseph M. Redling Patricia D. Wellenbach Age 37 37 60 60 68 61 62 Class III I II III II III I Director Since 2019 2019 2004 2019 2018 2018 2019 Annual Meeting at Which Term Will Expire 2022 2020 2021 2022 2021 2022 2020 We are party to a Nomination and Director Voting Agreement dated as of September 17, 2018 (as amended on February 4, 2019 and June 27, 2019, the “DVA”) with Axar Capital Management, LP, certain funds and managed accounts for which it serves as investment manager and its general partner, Axar GP, LLC (collectively, the “Axar Entities”), GP Holdings and Robert B. Hellman, Jr., as trustee under the Voting and Investment Trust Agreement for the benefit of American Cemeteries Infrastructure Investors LLC (“ACII” and, collectively with GP Holdings, the “ACII Entities”). Under the DVA, the Axar Entities have the option to designate up to three nominees to our Board (or, if the number of directors is increased, at least three-sevenths of the whole number of directors). Following the refinancing or repayment of our Senior Secured Notes, the number of directors the Axar Entities have the right to nominate is subject to reduction if they or their affiliates (collectively, the “Axar Group”) collectively beneficially own less than 15% of our outstanding common stock. The DVA also provides that, for so long as the ACII Entities and their affiliates (collectively, the “ACII Group”) collectively beneficially own at least 4% of our outstanding common stock, the ACII Entities are entitled to designate one nominee to our Board. The Axar Entities and the ACII Entities also agreed to vote their shares in favor of the election of any such nominees. Any nominee submitted by the Axar Entities or ACII is subject to the Compensation, Nominating and Governance Committee’s reasonable determination that the nominee (i) is suitable to serve on the Board in accordance with the customary standards of suitability for directors of NYSE listed companies, (ii) is not prohibited from serving as a director pursuant to any rule or regulation of the SEC or the NYSE and (iii) is not an employee, manager or director of any entity engaged in the death care 107 Table of Contents business. Pursuant to the terms of the DVA, the Axar Entities have designated Messrs. Axelrod, Miller and Goldenberg as nominees and the ACII Entities have designated Mr. Hellman as a nominee. Our advance notice bylaws require that our stockholders desiring to nominate a candidate for election as a director must submit a notice to us not later than 90 days prior to the first anniversary of the date on which we mailed our proxy statement to stockholders for our most recent annual meeting of stockholders, subject to certain exceptions, including that any such notice for our first annual meeting of stockholders must be submitted not later than 90 days prior to the date of the meeting or, if the date of such meeting is first publicly announced less than 100 days prior to the meeting, ate least 10 days prior to the date of the meeting. Any such notice must set forth: • • • • • • • • • • • • the name and address of the stockholder giving the notice and the beneficial owner, if any, on whose behalf the nomination is made; the class and number of shares of our common stock that are owned beneficially and held of record by such stockholder and such beneficial owner; the investment strategy or objective, if any, of such stockholder and certain specified associates who are not individuals; the disclosure of any short positions or other derivative positions relating to the shares of our common stock held by such stockholder and such beneficial owner, such information to include, and be updated to reflect any material change in, such positions from the period beginning six (6) months prior to the nomination through the time of the annual meeting; a description of any proxy, contract, arrangement, understanding or relationship pursuant to which such stockholder and such beneficial owner has a right to vote any shares of any of our securities; a representation that such stockholder is a holder of record of our stock entitled to vote at such meeting, will continue to be a holder of record of stock entitled to vote at such meeting through the date of the meeting and intends to appear in person or by proxy at the meeting to bring such nomination or other business before the meeting; a representation as to whether such stockholder or beneficial owner intends or is part of a group that intends to deliver a proxy statement or form of proxy to holders of at least the percentage of the voting power of our outstanding stock required to approve or adopt the proposal or to elect each such nominee; a description of any agreement, arrangement or understanding with respect to the nomination or other business between or among such stockholder, beneficial owner or any other person, including without limitation any agreements that would be required to be disclosed pursuant to Item 5 or Item 6 of Schedule 13D under the Exchange Act (regardless of whether the requirement to file a Schedule 13D is applicable); all information relating to the proposed nominee as would be required to be disclosed in solicitations of proxies for election of directors pursuant to Regulation 14A under the Exchange Act ; a description of all direct and indirect compensation and other material monetary agreements, arrangements and understandings during the previous three years, and any other material relationships, between or among each stockholder giving notice and the beneficial owner, if any, on whose behalf the nomination is made, on the one hand, and each proposed nominee, and his or her respective affiliates and associates, or others acting in concert therewith, on the other hand, including, without limitation all information that would be required to be disclosed pursuant to Rule 404 promulgated under Regulation S-K if the stockholder making the nomination and any beneficial owner on whose behalf the nomination is made, if any, or any affiliate or associate thereof or person acting in concert therewith, were the “registrant” for purposes of such rule and the nominee were a director or executive officer of such registrant; the nominee’s written consent to being named in the proxy statement as a nominee and to serving as a director if elected; and attaching (A) a completed director nominee questionnaire in the form we require (which form the stockholder providing notice shall request from our Secretary and which we shall provide within ten (10) days of such request) and (B) a completed and signed written representation and agreement, in the form we require (which form the stockholder providing notice shall request from our Secretary and which we shall provide within ten (10) days of such request), that the proposed nominee:(i) is not and will not become a party to any agreement, arrangement or understanding with, and has not given any commitment or assurance to, any person or entity as to how such proposed nominee, if elected as one of our directors, will act or vote on any issue or question (a “Voting Commitment”) that has not been disclosed to us or any Voting Commitment that could limit or interfere with the proposed nominee’s ability to comply, if elected as one of our directors, with the proposed nominee’s fiduciary duties under applicable law; (ii) is not and will not become a party to any agreement, arrangement or understanding with any person or entity other than us with respect to 108 Table of Contents any direct or indirect compensation, reimbursement or indemnification in connection with service or action as one of our directors that has not been disclosed to us; (iii) would be in compliance, if elected as one of our directors, and will comply with, applicable law, applicable rules of the New York Stock Exchange and all or our applicable publicly disclosed corporate governance, conflict of interest, corporate opportunity, confidentiality and stock ownership and trading policies and guidelines; (iv) will tender, promptly following such proposed nominee’s election or reelection, an irrevocable resignation effective upon such proposed nominee’s failure to receive the required vote for re-election at the next meeting at which such proposed nominee would face re-election and upon acceptance of such resignation by the Board of Directors, in accordance with the Board of Director’s policies or guidelines on Director elections and (v) intends to serve a full term if elected as one of our directors. EXECUTIVE OFFICERS AND BOARD MEMBERS A brief biography for our executive officer who also serves as one of the directors of the Board is included below. Joseph M. Redling has served as our President and Chief Executive Officer since July 18, 2018. Prior to his appointment, Mr. Redling served as the Chief Operating Officer of Vonage Holdings. Inc., a billion-dollar communications company, where he managed the day to day operations of the company’s consumer and B2B businesses. Prior to the Chief Operating Officer position, he was President of Consumer Services for Vonage overseeing its large consumer business unit. Prior to that, Mr. Redling was President and Chief Executive Officer of Nutrisystem, Inc., a leader in the weight-loss industry. His experience also includes over a decade with Time Warner and AOL where he held a number of senior executive level roles including Chief Marketing Officer, President of Paid Services and Customer Management, President of the AOL Access Business and CEO of AOL International. ADDITIONAL DIRECTORS A brief biography for each non-executive director of the Board is included below. Andrew Axelrod was appointed to and named Chairman of the Board in June 2019. Mr. Axelrod founded Axar Capital Management LP, an investment management firm, in April 2015 and serves as its Managing Partner and Portfolio Manager. He has been the Chief Executive Officer and Executive Chairman of the board of directors of Axar Acquisition Corp. since October 2016. Before founding Axar Capital Management, Mr. Axelrod worked at Mount Kellett Capital Management LP, a private equity investment firm, from 2009 to 2014. At Mount Kellett Capital Management, he was promoted to Co-Head of North America Investments in 2011 and became a Partner in 2013. Prior to joining Mount Kellett Capital Management, Mr. Axelrod worked at Kohlberg Kravis Roberts & Co. L.P. from 2007 to 2008 and The Goldman Sachs Group, Inc. from 2005 to 2006. Mr. Axelrod has served as chairman of the board of directors of Terra Capital Partners since February 2018. Mr. Axelrod graduated magna cum laude with a B.S. in Economics from Duke University. Mr. Axelrod’s leadership of the Company’s largest common shareholder and his extensive experience in financing, investments and restructurings provides critical skills to the Board as the we continue to implement our turnaround plan. Spencer Goldenberg was appointed to the Board in June 2019. He serves as the Chief Financial Officer for Menin Hospitality, an owner and operator of hotels, restaurants and commercial retail establishments across the United States (“U.S.”) with a concentration in the southeast U.S. and Chicago. Prior to joining Menin Hospitality, Mr. Goldenberg was a partner in the accounting firm of Gerstle, Rosen & Goldenberg P.A. from February 2008 to June 2015. Mr. Goldenberg has served as an independent director of Terra Property Trust, Inc. and its subsidiary, Terra Secured Income Fund 6, and is the chairman of the audit committee of Terra Secured Income Fund 6. From October 2005 until February 2008, he served as a legislative aide to Florida State Senator Gwen Margolis. Mr. Goldenberg holds an active certified public accountant’s license in the state of Florida. He holds a B.A. in International Affairs from Florida State University. Mr. Goldenberg’s extensive finance, accounting and audit experience enhances the ability of the Board to oversee the Company’s financial performance and reporting. Robert B. Hellman, Jr. was appointed to the Board in April 2004. Mr. Hellman co-founded American Infrastructure Funds ("AIM") in 2006 and has been an infrastructure and private real assets investor for over 25 years. He has been an investor and director in a wide variety of industries, including agriculture, building materials, forest products, energy production and distribution, death care, entertainment, health and fitness, and real estate. On behalf of AIM, he currently holds three patents on the application of the design of innovative financial security structures. Mr. Hellman began his private equity career at McCown DeLeeuw in 1987, and previously was a consultant with Bain & Company, where he was one of the founding members of Bain’s Tokyo office. Mr. Hellman serves on the board of a number of private companies. He is also a member of the Board of the Stanford Institute for Economic Policy Research and President of Stanford’s DAPER Investment Fund. He received an M.B.A. from the Harvard Business School with Baker Scholar honors, an M.S. in economics from the London School of Economics, and a B.A. in economics from Stanford University. Mr. Hellman brings to the Board extensive investment management and capital raising experience, combined with excellent leadership and strategic skills. 109 Table of Contents David Miller was appointed to the Board in June 2019. Mr. Miller has served as the Chairman of the board of JG Wentworth since February 2018. Mr. Miller served as a Senior Advisor to the Blackstone Tactical Opportunities Fund from March 2015 until February 2018. Prior to Blackstone, Mr. Miller served as Chief Executive Officer and Chairman of JGWPT Inc., the holding company for J.G. Wentworth. Prior to JGWPT, Mr. Miller was Executive Vice President at ACE, responsible for ACE’s International Accident and Health Insurance business. Prior to ACE, Mr. Miller was President and Chief Executive Officer of Kemper Auto and Home Insurance. Prior to Kemper, Mr. Miller was Chief Operating Officer of Providian Direct Insurance. Mr. Miller has served as a director of Ellington Residential Mortgage (NYSE: EARN) since 2013, as a director of Lombard International Assurance since July 2015 and as a director of J.G. Wentworth since January 2018. Mr. Miller has a BSEE in electrical engineering from Duke University and a MBA in Finance from The Wharton School of the University of Pennsylvania. Mr. Miller’s extensive experience as a senior executive will provide the board of directors with additional expertise in corporate leadership and governance. Stephen J. Negrotti was appointed to the Board in April 2018. Mr. Negrotti was most recently President and CEO of Turner Investments Inc. (“Turner”), an investment manager, from April 2014 until October 2015. He also served as a member of the board of directors and President of the Turner Family of Mutual Funds during that time. Mr. Negrotti has been self-employed as an independent certified public accountant and a consultant since October 2015 and was also employed in that capacity from January 2012 until joining Turner. Mr. Negrotti has over 40 years of finance and administration experience. He joined Ernst & Young in Philadelphia in 1976 and was a Partner at Ernst & Young LLP from 1986 through 2011, coordinating services to financial industry clients and acting as an advisor in Ernst & Young’s Global Private Equity practice in New York. Mr. Negrotti holds an M.B.A in Finance from Drexel University and a Bachelor’s degree in Accounting from The Pennsylvania State University. Mr. Negrotti brings to the Board significant experience in financial oversight and accounting matters Patricia D. Wellenbach was appointed to the Board in April 2018. She has been President and CEO of Philadelphia’s Please Touch Museum since November 2015. In such capacity, Ms. Wellenbach is responsible for management and oversight of one of the top 10 children’s museums in the country. The Museum employs 100 people and has a budget of $10.0 million. In addition, Ms. Wellenbach works closely with the Museum’s board of trustees and is a steward of a 100,000 square foot building on the National Historic Register. The building is owned by the City of Philadelphia, and as such Ms. Wellenbach works closely with city leaders on the preservation of this historic landmark building. From February 2013 to October 2015, Ms. Wellenbach was President and CEO of Green Tree School and Services, a non-residential school and behavioral health clinic for children with autism and severe emotional disturbances. In such capacity, Ms. Wellenbach oversaw a budget of $9.0 million, managed the construction of a new facility and negotiated contracts with two unions. The complexity of the medical and educational needs of the children required Ms. Wellenbach to have experience with a high level of regulatory and compliance issues. From October 2007 to January 2013, Ms. Wellenbach advised companies as President and CEO of Sandcastle Strategy Group, LLC. Ms. Wellenbach currently serves on the boards of Thomas Jefferson University (from July 2015) and the Philadelphia Mayor’s Cultural Advisory Board (from September 2016). Ms. Wellenbach previously was a member of the board of directors at the Reinvestment Fund, a CDFI fund that makes community impact investments in areas of work force development, charter schools, food access and other community needs, from March 2010 until December 2017. Ms. Wellenbach is also a member of the National Association of Corporate Directors, Women Corporate Directors, the Forum of Executive Women and the Pennsylvania Women’s Forum. Ms. Wellenbach holds a degree from the Boston College School of Nursing and a certificate from the UCLA Anderson School of Management’s Healthcare Executive Program. Ms. Wellenbach brings to the Board significant experience in managing complex businesses in transition and restructuring, merger and acquisition experience both as a chief executive officer and as a board member and experience with risk, regulatory and compliance issues. EXECUTIVE OFFICERS (NON-BOARD MEMBERS) A brief biography for each of our executive officers who do not also serve on the Board are as follows: Jeffrey DiGiovanni was appointed our Chief Financial Officer in September 2019 and had previously served as our Chief Accounting Officer since September 2018. From January 2012 until joining the Company in September 2018 as our Chief Accounting Officer, he was Managing Director at Pine Hill Group, a leading accounting and transaction advisory firm with offices in Philadelphia, New York City and Princeton, New Jersey, where he worked with clients to deliver services including readiness for initial public offerings, financial reporting including reporting to the SEC and technical accounting assistance on complex transactions. He holds a Bachelor of Science degree in Accounting and a Master of Science in Financial Services from Saint Joseph’s University and is a Certified Public Accountant. Tom Connolly was appointed our Senior Vice President of Business Planning and Operations in September 2019. Prior to joining the Company, he served as Vice President, Business Operations for Brookstone, an omni channel business with mall, airport, ecommerce and wholesale divisions. Previously, Tom worked for Vestis Retail Group (Bob’s Stores, Eastern Mountain Sports and Sport Chalet) and EMS. Tom possesses a broad range of professional competencies, including: finance, strategic planning, analytics, marketing, ecommerce, wholesale, airport retail, merchandise planning, operations, real estate, store 110 Table of Contents operations, organizational design and human resources. He earned a Bachelor of Arts in Political Science from Haverford University. Austin K. So was appointed as our Senior Vice President, Chief Legal Officer and Secretary in July 2016. Prior to joining the Company, Mr. So was the Division General Counsel and Secretary of Heraeus Incorporated, a global manufacturing conglomerate, from 2012 to 2016. Leading a team of lawyers based in Germany, China and the U.S., Mr. So oversaw litigation, mergers and acquisitions, commercial transactions, government investigations, compliance, export control, trade law and other legal matters. From 2002 to 2012, Mr. So practiced both transactional law and litigation at corporate law firms in New York City. Mr. So received an A.B. from Harvard College and a J.D. from The University of Pennsylvania Law School. BOARD MEETINGS AND EXECUTIVE SESSIONS, COMMUNICATIONS WITH DIRECTORS AND BOARD COMMITTEES In fiscal year 2019, the Board held ten meetings. Each director then in office attended at least 75% of these meetings and the meetings of the committees of the Board on which such director served, either in person or by teleconference. The Board holds regular executive sessions, in which non-management board members meet without any members of management present. Mr. Axelrod, Chairman of the Board, presides at regular sessions of the non-management members of the Board. In addition, our independent directors, excluding any non-management directors who are not independent, also meet at least annually. Our Board welcomes communications from our stockholders and other interested parties. Stockholders and any other interested parties may send communications to our Board, any committee of the Board, the Chairman of the Board, the Lead Independent Director, if one has been appointed, or any other director in particular to: StoneMor Inc. 3600 Horizon Boulevard Trevose, Pennsylvania 19053 Stockholders and any other interested parties should mark the envelope containing each communication as “Stockholder Communication with Directors” and clearly identify the intended recipient(s) of the communication. Our Senior Vice President and Chief Legal Officer will review each communication received from stockholders and other interested parties and will forward the communication, as expeditiously as reasonably practicable, to the addressees if: (1) the communication complies with the requirements of any applicable policy adopted by the Board relating to the subject matter of the communication and (2) the communication falls within the scope of matters generally considered by the Board. To the extent the subject matter of a communication relates to matters that have been delegated by the Board to a committee or to one of our executive officers, then our Senior Vice President and Chief Legal Officer may forward the communication to the executive officer or chairman of the committee to which the matter has been delegated. The acceptance and forwarding of communications to the members of the Board or an executive officer does not imply or create any fiduciary duty of the Board members or executive officer to the person submitting the communications. The Board has an Audit Committee, a Trust and Compliance Committee and a Compensation, Nominating and Governance Committee (the “Compensation Committee”). The Board appoints the members of such committees. The members of the committees and a brief description of the functions performed by each committee are set forth below. Audit Committee The current members of the Audit Committee are Messrs. Goldenberg, Miller and Negrotti (Chair). The primary responsibilities of the Audit Committee are to assist the Board in its general oversight of our financial reporting, internal controls and audit functions, and it is directly responsible for the appointment, retention, compensation and oversight of the work of our independent auditors. The Audit Committee’s charter is posted on our website at www.stonemor.com under the “Corporate Governance” section of our “Investors” webpage. Information on our website does not constitute a part of this Annual Report. All current committee members qualify as "independent" under applicable standards established by the SEC and the NYSE for members of audit committees. In addition, Mr. Negrotti has been determined by the Board to meet the qualifications of an "audit committee financial expert", having the necessary accounting or related financial management expertise, in accordance with the standards established by the SEC and NYSE. The "audit committee financial expert" designation is a disclosure requirement of the SEC related to Mr. Negrotti's experience and understanding with respect to certain accounting and auditing matters. The designation does not impose any duties, obligations or liabilities that are greater than those generally imposed on 111 Table of Contents Mr. Negrotti as a member of the Audit Committee and the Board, and it does not affect the duties, obligations or liabilities of any other member of the Board. Trust and Compliance Committee The current members of the Trust and Compliance Committee are Messrs. Axelrod (Chair) and Redling and Ms. Wellenbach. The primary responsibilities of the Trust and Compliance Committee are to assist the Board in fulfilling its responsibility in the oversight management of merchandise trusts and perpetual care trusts (collectively, the "Trusts") and to review and recommend an investment policy for the Trusts, including (i) asset allocation, (ii) acceptable risk levels, (iii) total return or income objectives, (iv) investment guidelines relating to eligible investments, diversification and concentration restrictions and (v) performance objectives for specific managers or other investments. The Trust and Compliance Committee also oversees matters of non-financial compliance, including our overall compliance with applicable legal and regulatory requirements. Compensation, Nominating and Governance Committee The current members of the Compensation Committee are Messrs. Goldenberg, Hellman and Miller (Chair). The primary responsibilities of the Compensation Committee are to oversee compensation decisions for our non-management directors and executive, as well as our long-term incentive plan and to select and recommend nominees for election to the Board. CORPORATE CODE OF BUSINESS CONDUCT AND ETHICS AND CORPORATE GOVERNANCE GUIDELINES We have adopted a Code of Business Conduct and Ethics which is applicable to all of our directors, officers and employees, including our principal financial officer, principal accounting officer or controller or persons performing similar functions. The Code of Business Conduct and Ethics incorporates guidelines designed to deter wrongdoing and to promote honest and ethical conduct and compliance with applicable laws and regulations. If any amendments are made to the Code of Business Conduct and Ethics or if we grant any waiver, including any implicit waiver, from a provision of the code to any of our financial managers, we will disclose the nature of such amendment or waiver on our website (www.stonemor.com) or in a current report on Form 8-K. We have also adopted Corporate Governance Guidelines which, together with the Code of Business Conduct and Ethics and our bylaws, constitute the framework for our corporate governance. The Code of Business Conduct and Ethics and the Corporate Governance Guidelines are publicly available on our website at www.stonemor.com under the “Corporate Governance” section of our “Investors” webpage. Information on our website does not constitute a part of this Annual Report. SECTION 16(a) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE Per the Securities and Exchange Act (as amended, the “Exchange Act”), Section 16(a) (“Section 16(a)”), directors, executive officers and beneficial owners of more than 10% of common units, if any, are required to file reports of ownership and reports of changes in ownership with the SEC. Our directors of the Board, executive officers and beneficial owners of more than 10% of our common shares are also required to furnish us with copies of all such reports that are filed. Based solely on our review of copies of such forms and amendments and on written representations from Section 16(a) reporting individuals, we believe that all of the directors of our Board, executive officers and beneficial owners of more than 10% of our common stock filed the required reports on a timely basis under Section 16(a) during the year ended December 31, 2019, except that: • • • One Form 4 was not timely filed for each of Martin R. Lautman, Stephen J. Negrotti, Leo J. Pound, Fenton R. Talbott and Patricia D. Wellenbach to report one award of restricted phantom units in connection with the March 2019 board meeting; One Form 4 was not timely filed for each of Joseph M. Redling, Garry P. Herdler, Jeffrey DiGiovanni, Austin K. So and James Steven Ford to report one deemed sale of units to the Partnership on August 1, 2019 in connection with the withholding of units in satisfaction of the reporting person’s tax withholding obligations; and Two additional Forms 4 were not timely filed by Messrs. Redling and So and four additional Forms 4 were not timely filed by Mr. Ford to report a corresponding number of deemed sales of units to the Partnership in connection with the withholding of units in satisfaction of the reporting person’s tax withholding obligations. 112 Table of Contents ITEM 11. EXECUTIVE COMPENSATION SUMMARY COMPENSATION TABLE The following table sets forth summary information relating to all compensation awarded to, earned by or paid to the individuals listed in the table below, collectively referred to as our "named executive officers" or “NEOs,” for all services rendered in all capacities to us during the years noted: Name and Principal Position Joseph M. Redling (5) Chief Executive Officer and President Jeffrey DiGiovanni (6) Chief Financial Officer and Senior Vice President Garry P. Herdler (7) Former Chief Financial Officer and Senior Vice President James S. Ford (8) Former Chief Operating Officer Austin K. So Senior Vice President, Chief Legal Officer and Secretary of the Company Year 2019 2018 2019 2019 2019 2019 2018 Salary ($) Bonus (1) ($) Equity Awards (2) ($) Option Awards (3) ($) Non-Equity Incentive Plan Compensation ($) All Other Compensation (4) ($) 700,000 317,692 275,000 199,038 — 311,538 375,000 375,000 700,000 325,000 175,000 207,692 — 50,000 187,500 200,000 1,036,088 2,910,000 191,500 1,053,250 — 344,700 344,700 313,969 857,173 — 154,291 — — — 154,291 — — — — — — — — — 796 666 — 468,621 — 405,128 — 2,279 Total ($) 3,294,056 3,553,358 795,791 1,928,601 — 1,111,366 1,061,491 891,248 (1) (2) (3) (4) (5) (6) Represents bonus amounts earned with respect to the applicable year except as otherwise indicated. Represents the aggregate grant date fair value of equity awards in accordance with ASC 718. In 2019, Messrs. DiGiovanni, Ford, Redling and So received TVUs and PVUs under the 2019 Plan with aggregate grant date fair values of $191,500, $344,700, $1,036,088 and $344,700, respectively, if the target conditions were met in each of the three vesting periods. The values of these awards would be $222,347, $437,240, $1,554,321 and $437,240, respectively, if the maximum conditions were met in each of the three vesting periods. The calculation of the aggregate grant date fair value of the equity awards assumes performance conditions for the PVUs were met on the grant date of the equity awards. Represents the aggregate grant date fair value of option awards in accordance with ASC 718. All other compensation for 2019 and 2018 include the following personal benefits: Name Joseph M. Redling Garry P. Herdler James S. Ford Austin K. So Year 2019 2018 2019 2019 2019 2018 Airfare Benefits ($) Transportation Other 176 — 234 1,886 — — 620 162 626 1,113 — — — 504 17,261 27,129 — 2,279 Mr. Redling commenced service as our Chief Executive Officer and President on July 18, 2018. Mr. DiGiovanni commenced service as our Chief Financial Officer and Senior Vice President on September 19, 2019. Prior to September 19, 2019, Mr. DiGiovanni served as our Chief Accounting Officer from September 5, 2018. 113 Table of Contents (7) (8) Mr. Herdler served as Chief Financial Officer and Senior Vice President from April 15, 2019 to September 18, 2019. Mr. Herdler continued to serve us as a consultant through December 31, 2019. The amount set forth under All Other Compensation for 2019 includes $450,500 Mr. Herdler earned in consulting fees, through ORE Management LLC, from September 18, 2019 to December 31, 2019. For further details on our consulting agreement with Mr. Herdler, see Part III, Item. 11. Executive Compensation – Agreements with Named Executive Officers. Mr. Ford served as our Chief Operating Officer until October 1, 2019. The amount set forth under All Other Compensation for 2019 includes $375,000 in severance payments to which Mr. Ford became entitled.” OUTSTANDING EQUITY AWARDS AT DECEMBER 31, 2019 The following table sets forth information with respect to outstanding equity awards at December 31, 2019 for our named executive officers: Name (1) Joseph M. Redling Jeffrey DiGiovanni Austin K. So (1) Number of securities underlying unexercised options (#) exercisable — — — Number of securities underlying unexercised options (#) unexercisable 2,500,000 450,000 450,000 Option Awards Equity Incentive Plan Awards: Number of securities underlying unexercised unearned options (#) 2,500,000 450,000 450,000 Option Exercise Price $ Option Expiration Date 1.20 1.20 1.20 12/18/2029 12/18/2029 12/18/2029 Number of Unearned Shares, Units or Other Rights That Have Not Vested (#) Stock Awards Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($) (2) 515,625 — — 747,656 — — No unvested or unexercised equity awards were held at December 31, 2019 by any named executive officer not listed in this table. (2) The market value of this outstanding award has been computed by multiplying the closing price of our common units on December 31, 2019 by the number of unvested units held by Mr. Redling. AGREEMENTS WITH NAMED EXECUTIVE OFFICERS The following is a summary of certain material provisions of agreements between the Company and our named executive officers. Joseph M. Redling Joseph M. Redling and the Company are parties to an employment agreement dated June 29, 2018 pursuant to which Mr. Redling serves as the Chief Executive Officer and Senior Vice President of the Company. Mr. Redling’s initial base salary under the agreement is $700,000 per year, which base salary is subject to annual review by the Board. Any decrease in base salary shall be made only to the extent we contemporaneously and proportionately decreases the base salaries of all of the Company’s senior executives. The agreement provides that Mr. Redling is eligible to receive an annual incentive cash bonus with respect to each calendar year of the Company, provided that he will not be eligible to receive such bonus if he is not employed on the last day of the calendar year to which such bonus relates. The target amount of the cash bonus is 100% of his base salary with respect to the applicable calendar year and is to be based on specific individual and company performance goals established by the Compensation Committee and as described in his employment agreement. With respect to calendar year 2018, the agreement provides that Mr. Redling was eligible for a pro-rated cash bonus based upon the time Mr. Redling was employed by the Company during calendar year 2018. The agreement also provided that Mr. Redling was entitled to receive an initial grant of restricted common units in the Partnership of 750,000 units. Such restricted common units will vest, if at all, in equal quarterly installments over the four year period following the date of grant and will have rights to distributions consistent with fully vested common units in the Partnership. The grant of such restricted common units was made on July 18, 2018, and is subject to such other terms and conditions as are set forth in the Executive Restricted Unit Agreement entered into between Mr. Redling and the Company at the time of grant. In accordance with the terms of the Merger Agreement, Mr. Redling’s restricted common units that had vested as of the effective date of the C-Corporation Conversion were converted into common shares, while his unvested restricted common units were converted into restricted common shares and remain subject to the same vesting schedule. 114 Table of Contents Under the agreement, Mr. Redling is also entitled to participate in the 2019 Plan for the 2019 calendar year and each calendar year thereafter, to the extent that the Company offers the 2019 Plan to all senior executives of the Company. Mr. Redling’s participation in the 2019 Plan with respect to the 2019 calendar year and each calendar year, if offered by the Company, shall be in an annual amount equal to 150% of his base salary, with 50% of such annual amount vesting in equal annual installments over three years and 50% of the annual amount vesting based upon attainment of performance goals as determined by the Executive Committee of the Board, in consultation with the Compensation Committee. If Mr. Redling’s employment is terminated for any reason, Mr. Redling will be entitled to receive the following: (i) any base salary for days actually worked through the date of termination; (ii) reimbursement of all expenses for which Mr. Redling is entitled to be reimbursed pursuant to the agreement, but for which he has not yet been reimbursed; (iii) any vested accrued benefits under the Company’s employee benefit plans and programs in accordance with the terms of such plans and programs, as accrued through the date of termination; (iv) vested but unissued equity in the Company; (v) any bonus or other incentive (or portion thereof) for any preceding completed calendar year that has been awarded by the Company to Mr. Redling, but has not been received by him prior to the date of termination; (vi) accrued but unused vacation, to the extent Mr. Redling is eligible in accordance with the Company’s policies and (vii) any other payment or benefit (other than severance benefits) to which Mr. Redling may be entitled under the applicable terms of any written plan, program, policy, agreement, or corporate governance document of the Company or any of their successors or assigns. If Mr. Redling’s employment is terminated by the Company without "Cause" and not for death or “Disability” or by Mr. Redling for "Good Reason" (as such terms are defined in the agreement), and provided that Mr. Redling enters into a release as provided for in the agreement, Mr. Redling would be entitled to receive, in addition to the benefits described in the preceding paragraph, the following: (i) payment of 1.5 times his base salary for a period of 12 months following the effective date of his termination, to be paid in equal installments in accordance with the normal payroll practices of the Company, commencing on the 60th day following the date of termination, with the first payment including any amounts not yet paid between the date of termination and the date of the first payment and (ii) a pro-rata cash bonus for the calendar year in which such termination occurs, if any, determined by the Company (subject to certain the restrictions as set forth above), which shall be paid at the same time that annual incentive cash bonuses are paid to other executives of the Company, but in no event later than March 15 of the calendar year following the calendar year in which the date of termination occurs. In the event of a "Change in Control" (as such term is defined in the agreement), all outstanding equity interests granted to Mr. Redling that are subject to time-based vesting provisions and that are not fully vested shall become fully vested as of the date of such Change in Control. The agreement also includes customary covenants running during Mr. Redling’s employment and for 12 months thereafter prohibiting Mr. Redling from directly or indirectly competing with the Company and from solicitation of employees, directors, officers, associates, consultants, agents or independent contractors, customers, suppliers, vendors and others having business relationships with the Company. The agreement also contains provisions relating to protection of the Company’s property, its confidential information and ownership of intellectual property as well as various other covenants and provisions customary for an agreement of this nature. Jeffrey DiGiovanni Jeffrey DiGiovanni and the Company are parties to an employment agreement dated September 19, 2019, pursuant to which Mr. DiGiovanni serves as the Chief Financial Officer and Senior Vice President of the Company. Mr. DiGiovanni’s initial base salary under the agreement is $350,000 per year, which base salary is subject to annual review by the Board. Any decrease in base salary shall be made only to the extent the Company contemporaneously and proportionately decreases the base salaries of all of its senior executives. The agreement provides that Mr. DiGiovanni is eligible to receive an annual incentive cash bonus with respect to each fiscal year of the Company, provided, except for certain qualifying terminations of employment, that he will not be eligible to receive such bonus if he is not employed on the last day of the fiscal year to which such bonus relates. The target amount of the cash bonus is 50% of his base salary. Under the agreement, Mr. DiGiovanni is also entitled to participate in the 2019 Plan to the extent that the Company offers the 2019 Plan to all senior executives of the Company. Mr. DiGiovanni’s participation in the 2019 Plan, if offered by the Company, shall be in an annual amount equal to 50% of his base salary, with 50% of such annual amount vesting in equal annual installments over three years and 50% of the annual amount vesting based upon attainment of performance goals as determined by the Compensation Committee. To the extent Mr. DiGiovanni’s employment terminates on account of "Retirement" (as such term is defined in the agreement) during a performance period applicable to a particular 2019 Plan grant, the portion of such 2019 Plan grant that is subject to performance goals shall be earned pro-rata based on actual performance and the number of months that Mr. DiGiovanni was employed by the Company during the performance period. To be eligible for a pro-rated 115 Table of Contents portion of the 2019 Plan grant in the event of a retirement, Mr. DiGiovanni must execute a release substantially in the form attached to his agreement. If Mr. DiGiovanni’s employment is terminated by the Company for "Cause" or by Mr. DiGiovanni without "Good Reason" or in the event of Mr. DiGiovanni’s death or "Disability" (as such terms are defined in the agreement), Mr. DiGiovanni will be entitled to receive the following: (i) any base salary for days actually worked through the date of termination; (ii) reimbursement of all expenses for which Mr. DiGiovanni is entitled to be reimbursed pursuant to the agreement, but for which he has not yet been reimbursed; (iii) any vested accrued benefits under the Company’s employee benefit plans and programs in accordance with the terms of such plans and programs, as accrued through the date of termination; (iv) vested but unissued equity in the Company; (v) any bonus or other incentive (or portion thereof) for any preceding completed fiscal year that has been awarded by the Company to Mr. DiGiovanni, but has not been received by him prior to the date of termination; and (vi) accrued but unused vacation, to the extent Mr. DiGiovanni is eligible in accordance with the Company’s policies. If Mr. DiGiovanni’s employment is terminated by the Company without "Cause" or by Mr. DiGiovanni for "Good Reason" (as such terms are defined in the agreement), and provided that Mr. DiGiovanni enters into a release as provided for in the agreement, Mr. DiGiovanni would be entitled to receive, in addition to the benefits described in the preceding paragraph, the following: (i) payment of his base salary for a period of 12 months following the effective date of his termination, to be paid in equal installments in accordance with the normal payroll practices of the Company, commencing on the Company’s first payroll date following the expiration of the release revocation period, with the first payment including any amounts not yet paid between the date of termination and the date of the first payment and (ii) a pro-rata cash bonus for the fiscal year in which such termination occurs, if any, determined by the Company (subject to certain the restrictions as set forth above), which shall be paid at the same time that annual incentive cash bonuses are paid to other executives of the Company, but in no event later than March 15 of the fiscal year following the fiscal year in which the date of termination occurs. In the event of a "Change in Control" (as such term is defined in the agreement), all outstanding equity interests granted to Mr. DiGiovanni that are subject to time-based vesting provisions and that are not fully vested shall become fully vested as of the date of such Change in Control. The agreement also includes customary covenants running during Mr. DiGiovanni’s employment and for 12 months thereafter prohibiting Mr. DiGiovanni from directly or indirectly competing with the Company and from solicitation of employees, directors, officers, associates, consultants, agents or independent contractors, customers, suppliers, vendors and others having business relationships with the Company. The agreement also contains provisions relating to protection of the Company’s property, its confidential information and ownership of intellectual property as well as various other covenants and provisions customary for an agreement of this nature. Austin K. So In May 2016, Mr. So entered into a letter agreement with the Company, pursuant to which Mr. So serves as the Senior Vice President, Chief Legal Officer and Secretary of the Company. The letter agreement provided that Mr. So would receive an annual base salary of $275,000. Pursuant to the letter agreement, Mr. So was also eligible to receive, subject to mutually agreed terms and conditions: (i) an annual incentive bonus, with a target bonus equal to 25% of his annual base salary; (ii) an annual equity incentive award targeted at 25% of Mr. So’s base salary, which was subsequently increased to 50% in the discretion of the Compensation Committee; and (iii) salary continuation for a period of 6 months in case of Mr. So’s termination without cause, provided that he has been employed with the Company for a period of at least 12 months, but less than 24 months. Mr. So also entered into a Confidentiality, Nondisclosure, and Restrictive Covenant Agreement with the Company, which contains customary non-solicitation, non-competition and confidentiality covenants. In January 2017, Mr. So entered into a letter agreement with the Company which provided that, effective as of February 1, 2017, his annual base salary increased to $375,000. In addition, Mr. So received a cash bonus of $100,000 in connection with the execution of this letter agreement. The letter agreement also provides that Mr. So was eligible to receive a quarterly retention bonus of $50,000 per quarter, payable in cash after the end of each quarter in 2017, and a quarterly retention bonus of $25,000 per quarter, payable in cash after the end of each quarter in 2018, provided that he remained employed by the Company on the day the Company was obligated to pay the applicable retention bonus. On June 15, 2018, Mr. So and the Company entered into an employment agreement pursuant to which Mr. So continues to serve as Senior Vice President, Chief Legal Officer and Secretary of the Company. The agreement superseded the letter agreements described above. Mr. So’s base salary under the agreement remains $375,000 per year, which base salary is subject to annual review by the Board. Any decrease in base salary shall be made only to the extent the Company contemporaneously and proportionately decreases the base salaries of all of its senior executives. The agreement provides that Mr. So is eligible to receive an annual incentive cash bonus with respect to each fiscal year of the Company, provided that, except for certain qualifying terminations of employment, he will not be eligible to receive such bonus if he is not employed on the last day of the fiscal year to which such bonus relate. The amount of the cash bonus will be 116 Table of Contents targeted at 50% of his base salary with respect to the applicable fiscal year. Mr. So remained entitled to receive a quarterly retention bonus of $25,000 per quarter, payable in cash after the end of each quarter in 2018, provided that he was employed by the Company on the day the Company paid the applicable retention bonus. Under the agreement, Mr. So is also entitled to participate in the 2019 Plan to the extent that the Company offers the 2019 Plan to all senior executives of the Company. Mr. So’s participation in the 2019 Plan, if offered by the Company, shall be in an annual amount equal to 50% of his base salary, with 50% of such annual amount vesting in equal annual installments over three years and 50% of the annual amount vesting based upon attainment of performance goals as determined by the Compensation Committee. To the extent Mr. So’s employment terminates on account of "Retirement" (as such term is defined in the agreement) during a performance period applicable to a particular 2019 Plan grant, the portion of such 2019 Plan grant that is subject to performance goals shall be earned pro-rata based on actual performance and the number of months that Mr. So was employed by the Company during the performance period. To be eligible for a pro-rated portion of the 2019 Plan grant in the event of a retirement, Mr. So must execute a release substantially in the form attached to his agreement. If Mr. So’s employment is terminated by the Company for "Cause" or by Mr. So without "Good Reason" or in the event of Mr. So’s death or "Disability" (as such terms are defined in the agreement), Mr. So will be entitled to receive the following: (i) any base salary for days actually worked through the date of termination; (ii) reimbursement of all expenses for which Mr. So is entitled to be reimbursed pursuant to the agreement, but for which he has not yet been reimbursed; (iii) any vested accrued benefits under the Company’s employee benefit plans and programs in accordance with the terms of such plans and programs, as accrued through the date of termination; (iv) vested but unissued equity in the Company; (v) any bonus or other incentive (or portion thereof) for any preceding completed fiscal year that has been awarded by the Company to Mr. So, but has not been received by him prior to the date of termination; and (vi) accrued but unused vacation, to the extent Mr. So is eligible in accordance with the Company’s policies. If Mr. So’s employment is terminated by the Company without "Cause" or by Mr. So for "Good Reason" (as such terms are defined in the agreement), and provided that Mr. So enters into a release as provided for in the agreement, Mr. So would be entitled to receive, in addition to the benefits described in the preceding paragraph, the following: (i) payment of his base salary for a period of 12 months following the effective date of his termination, to be paid in equal installments in accordance with the normal payroll practices of the Company, commencing on the Company’s first payroll date following the expiration of the release revocation period, with the first payment including any amounts not yet paid between the date of termination and the date of the first payment and (ii) a pro-rata cash bonus for the fiscal year in which such termination occurs, if any, determined by the Company (subject to certain the restrictions as set forth above), which shall be paid at the same time that annual incentive cash bonuses are paid to other executives of the Company, but in no event later than March 15 of the fiscal year following the fiscal year in which the date of termination occurs. In the event of a "Change in Control" (as such term is defined in the agreement), all outstanding equity interests granted to Mr. So that are subject to time-based vesting provisions and that are not fully vested shall become fully vested as of the date of such Change in Control. The agreement also includes customary covenants running during Mr. So’s employment and for 12 months thereafter prohibiting Mr. So from directly or indirectly competing with the Company and from solicitation of employees, directors, officers, associates, consultants, agents or independent contractors, customers, suppliers, vendors and others having business relationships with the Company. The agreement also contains provisions relating to protection of the Company’s property, its confidential information and ownership of intellectual property as well as various other covenants and provisions customary for an agreement of this nature. Garry P. Herdler Garry P. Herdler and the Company were parties to an employment agreement effective as of April 15, 2019 pursuant to which Mr. Herdler served as Chief Financial Officer and Senior Vice President of the Company. Mr. Herdler ceased serving as Chief Financial Officer and Senior Vice President of the Company effective September 19, 2019. Mr. Herdler’s initial base salary under his employment agreement with the Company was $450,000 per year. The employment agreement provided that Mr. Herdler was eligible to receive an annual incentive cash bonus with respect to each fiscal year of the Company targeted at 75% of his base salary, provided, except for certain qualifying terminations of employment, that he would not be eligible to receive such bonus if he was not employed on the last day of the fiscal year to which such bonus related and, further, he would not be eligible for such bonus unless other senior executives of the Company had also earned a bonus for such fiscal year. Notwithstanding the foregoing, the bonus paid to Mr. Herdler for calendar year 2019 was not to be less than $202,500 (less any taxes and other applicable withholdings), with such minimum amount earned and payable in three equal installments on July 1, September 1 and December 1 of 2019; provided, that in order to receive each of the foregoing installment payments, Mr. Herdler must have been employed by the Company on the applicable installment payment date. In accordance with his severance agreement with the Company, Mr. Herdler received the final installment of the 117 Table of Contents minimum bonus that was payable on December 1, 2019, in the gross amount of $67,500, less any taxes and other applicable withholdings. Under the employment agreement, Mr. Herdler was also entitled to participate in the Company’s long-term incentive plan for the 2019 fiscal year and each fiscal year thereafter, to the extent that the Company offered the 2019 Plan to all of its senior executives. Mr. Herdler’s participation in the 2019 Plan with respect to the 2018 fiscal year resulted in a grant of 275,000 restricted units, which vested in its entirety on June 27, 2019. The Company also agreed to reimburse Mr. Herdler for the cost of a supplemental directors’ and officers’ insurance policy for up to $5,000,000 in aggregate coverage. The employment agreement provided for certain benefits if Mr. Herdler’s employment was terminated by the Company with or without "Cause" or by Mr. Herdler with or without "Good Reason" or in the event of Mr. Herdler’s death or "Disability" of a "Change in Control" (as such terms are defined in the agreement). The employment agreement also contained various other covenants and provisions customary for an employment agreement of this nature. In connection with the cessation of Mr. Herdler’s service as Chief Financial Officer and Senior Vice President of the Company, the Company entered into a Consulting Agreement effective September 23, 2019 (the “Consulting Agreement”) with his management company, ORE Management LLC (the “Consultant”) pursuant to which the Consultant agreed to cause Mr. Herdler (a) to work with the turnaround consultants previously engaged by the Company to assist such consultants in their validation of the Company’s previously developed performance improvement plan with accelerated cost reductions to be implemented in the second half of 2019 and in 2020, (b) to work with such consultants and the Company to develop a comprehensive written action plan and strategy (the “Plan”) to implement the annualized cost reduction targets identified by such consultants and (c) to perform other services related to the development and implementation of the Plan as may be directed by the President and Chief Executive Officer of the Company. During the 14-week term of the Consulting Agreement, the Consultant received a bi-weekly consulting fee of $21,500. If Consultant delivered a Plan during the term of the Consulting Agreement reflecting at least $10 million in projected annualized cost reductions that was validated by the Company’s turnaround consultants and approved by the Company, then the Consultant was eligible to receive an additional fee ranging from $100,000 to $300,000 based on the projected annualized cost reductions, one-time cost reductions and cash collateral reductions (the “Projected Cost Reductions”) set forth in the Plan. Pursuant to this provision, the Consultant received an additional fee of $300,000. In connection with entering into the Consulting Agreement, Mr. Herdler and the Company also entered into a Severance Agreement and General Release and Waiver of Claims on September 19, 2019 pursuant to which, in consideration for the Company agreeing to pay the final $67,500 installment of his 2019 bonus, maintain certain directors’ and officers’ liability insurance under which Mr. Herdler is an insured and enter into the Consulting Agreement, Mr. Herdler released and discharged the Company and certain other persons and entities from any claims, liabilities and causes of action, whether known or unknown. James S. Ford James S. Ford and the Company were parties to an employment agreement effective as of March 1, 2018 pursuant to which Mr. Ford served as Chief Operating Officer and Senior Vice President of the Company. Mr. Ford retired as Chief Operating Officer and Senior Vice President of the Company effective October 1, 2019. Mr. Ford’s initial base salary under his employment agreement with the Company was $375,000 per year. The employment agreement provided that Mr. Ford was eligible to receive an annual incentive cash bonus with respect to each fiscal year of the Company, provided, except for certain qualifying terminations of employment, that he would not be eligible to receive such bonus if he was not employed on the last day of the fiscal year to which such bonus relates and, further, he would not be eligible for such bonus unless other senior executives of the Company had also earned a bonus for such fiscal year. The amount of the cash bonus was targeted at 50% of his base salary with respect to the applicable fiscal year. Mr. Ford was entitled to a payment of a pro-rata bonus for fiscal year 2019, if any, to be paid at the same time that annual incentive cash bonuses are paid to other current executives of the Company. Under the employment agreement, Mr. Ford was also entitled to participate in the Company’s long-term incentive plan for the 2018 fiscal year and each fiscal year thereafter, to the extent that the Company offered the 2019 Plan (as defined herein) to all of its senior executives, and his employment agreement provided for a grant of 16,393 restricted units in the Company that were to vest in equal monthly installments over a two year period. Under the employment agreement, Mr. Ford’s participation in the 2019 Plan was to be in an annual amount equal to 50% of Mr. Ford’s base salary, with 50% of such annual amount vesting in equal annual installments over three years and 50% of the annual amount vesting based upon attainment of 118 Table of Contents performance goals as determined by the Compensation Committee. Mr. Ford’s participation in the 2018 Plan with respect to the 2018 and 2018 fiscal years resulted in a cumulative grant of 16,393 restricted units and 136,906 phantom units in the Company; however, the unvested portion of his restricted unit award, equivalent to 3,415 units, was forfeited effective upon Mr. Ford’s resignation. The employment agreement also provided that Mr. Ford was entitled to relocation benefits, including reimbursement of Mr. Ford’s (i) relocation expenses, (ii) closing costs for the purchase of a home as a result of Mr. Ford’s relocation and (iii) travel expenses associated with up to eight visits by Mr. Ford to his then-current residence and for up to four visits by Mr. Ford’s wife to the Philadelphia area during the first 150 days after the effective date of Mr. Ford’s employment agreement with the Company. The employment agreement provided for certain benefits if Mr. Ford’s employment was terminated by the Company with or without "Cause" or by Mr. Ford with or without "Good Reason" or in the event of Mr. Ford’s death or "Disability" of a "Change in Control" (as such terms are defined in the agreement). In connection with Mr. Ford’s voluntary separation, the Company agreed to provide Mr. Ford with (a) payment of Mr. Ford’s base salary for a period of 12 months following effective date of Mr. Ford’s termination, to be paid in equal installments in accordance with the normal payroll practices of the Company over a period of 12 months, commencing on the Company’s first regularly scheduled payroll that is at least 10 days following the expiration of the seven day revocation period set forth in the General Release and Waiver of Claims between Mr. Ford and the Company (with the first payment to include all installments that would have been paid had such installments commenced immediately following the Separation Date (as defined in Mr. Ford’s separation agreement with the Company), if any; and (b) payment of a pro-rata Bonus for Fiscal Year 2019, if any, determined by the Company and subject to the restrictions as set forth in Section 3(b)(i) of Mr. Ford’s employment agreement with the Company, which shall be paid at the same time that annual incentive cash bonuses are paid to other executives of the Company. The employment agreement also included customary covenants running during Mr. Ford’s employment and for 12 months thereafter prohibiting Mr. Ford from directly or indirectly competing with the Company and from solicitation of employees, directors, officers, associates, consultants, agents or independent contractors, customers, suppliers, vendors and others having business relationships with the Company. The employment agreement also contained provisions relating to protection of the Company’s property, its confidential information and ownership of intellectual property as well as various other covenants and provisions customary for an employment agreement of this nature. In connection with the announcement of Mr. Ford’s departure from the Company, he and the Company entered into a Separation Agreement on September 17, 2019 pursuant to which Mr. Ford was entitled to receive, in addition to payment of amounts due under his employment agreement that had accrued as of his departure date, 12 months of base salary as in effect on his departure date, payable in equal installments in accordance with our normal payroll practices, and a prorated portion of any 2019 bonus, payable at such time as 2019 bonuses, if any, are paid to our other senior executives. DIRECTOR COMPENSATION Name (1) Andrew Axelrod (3) Spencer E. Goldenberg (3) Robert B. Hellman Martin R. Lautman, Ph.D.(3) David Miller (3) Stephen J. Negrotti Leo J. Pound (3) Robert A. Sick (3) Fenton R. Talbott (3) Patricia D. Wellenbach Fees Earned or Paid in Cash ($) Stock Awards ($) (2) All Other Compensation ($) Total ($) 37,625 35,500 74,250 22,000 38,500 154,250 20,000 28,000 35,000 142,500 10,000 10,000 — 25,000 10,000 20,000 10,000 — 10,000 20,000 — — — — — — — — — — 47,625 45,500 74,250 47,000 48,500 174,250 30,000 28,000 45,000 162,500 (1) Each director denoted was entitled to an annual retainer of $80,000, which could be received in cash, restricted phantom units or a combination of cash and restricted phantom units at the director’s election. A minimum of $20,000 of the $80,000 annual retainer payable to each director was required to be deferred and credited quarterly, in the form of restricted phantom units to each director, except for Messrs. Hellman and Sick. Messrs. Hellman and Sick were not subject to the restricted phantom unit retainer clause, as they were both affiliates of AIM, a former member of StoneMor GP. In addition to the retainers, the same directors were entitled to a meeting fee of $2,000 for each meeting of the board of directors attended in person and $1,500 for each committee meeting attended in person, a fee of $500 119 Table of Contents for participation by telephone in any board or committee meeting that was greater than one hour, but less than two hours, and $1,000 for participation by telephone in any board or committee meeting that was two hours or more. In addition, Mr. Negrotti received an annual retainer of $15,000 as Chairman of our Audit Committee, Messrs. Miller and Sick received an annual retainer of $10,000 for serving as Chairman of our Compensation Committee and Messrs. Axelrod and Hellman received an annual retainer of $2,500 for serving as Chairman of our Trust and Compliance Committee. Mr. Negrotti and Ms. Wellenbach were paid a fee of $75,000 for serving on the Conflicts Committee. Each director’s annual retainer and committee chair fees were prorated to reflect the length of time in which they sat on our Board and/or chaired one of our Board’s committees. Lastly, each director is entitled to receive restricted phantom shares pursuant to their distribution equivalent rights. The cash amounts shown in the table above are those that were earned in 2019, as well as $10,000 of board fees earned in 2018 but paid in 2019. $16,000 of the cash amounts earned in 2019 were paid in January 2020. The shares of restricted phantom common stock awarded as retainer compensation are credited to a mandatory deferred compensation account established for each such person. In addition, for each restricted phantom share in such account, the Company credits the account, solely in additional restricted phantom shares, an amount of distribution equivalent rights so as to provide the restricted phantom shareholders a means of participating on a one-for-one basis in distributions made to holders of our common shares. Payments of the participant’s mandatory deferred compensation account will be made on the earliest of (i) separation of the participant from service as a director, (ii) disability, (iii) unforeseeable emergency, (iv) death or (v) change of control of the Company. Any such payment will be made at the Company’s election in the Company’s common shares or cash. Messrs. Lautman, Pound, Sick and Talbott resigned as director of the Company effective June 26, 2019, immediately prior to the consummation of the Recapitalization Transactions, and Messrs. Axelrod, Goldenberg and Miller were appointed as directors of the Company at the same time. (2) (3) LONG-TERM INCENTIVE PLANS The Board previously adopted the StoneMor Partners L.P. 2014 Long-Term Incentive Plan (the “2014 Plan”). Effective August 22, 2018, the Board amended and restated the 2014 Plan (the “2018 Plan”). On March 27, 2019, the Board amended and restated the 2018 Plan (the “2019 Plan”) to (i) increase the number of common units of the Partnership reserved for issuance under the 2019 Plan and (ii) make certain other clarifying changes and updates to the 2019 Plan. The 2019 Plan permitted the grant of awards covering a total of 4,000,000 common units of the Partnership. A “unit” under the 2019 Plan was defined as a common unit of the Partnership and such other securities as may be substituted or resubstituted for common units of the Partnership, including but not limited to shares of the Company’s common shares. On December 18, 2019, the Board approved an amendment to the 2019 Plan to increase to 8,500,000 the number of common units of the Partnership authorized for issuance thereunder. On December 31, 2019, the Board approved the assumption of the 2019 Plan and all outstanding awards thereunder by the Company. The 2019 Plan is intended to promote the interests of the Company by providing to employees, consultants and directors of the Company incentive compensation awards to encourage superior performance and enhance the Company’s ability to attract and retain the services of individuals who are essential for its growth and profitability and to encourage them to devote their best efforts to advancing the Company’s business. Subject to adjustments due to recapitalization or reorganization, the maximum aggregate number of common shares which may be issued pursuant to all awards under the 2019 Plan is 8,500,000. Common shares withheld from an award or surrendered by a recipient to satisfy certain tax withholding obligations of the Company or in connection with the payment of an exercise price with respect to an award will not be considered to be common shares delivered under the 2019 Plan. If any award is forfeited, canceled, exercised, settled in cash or otherwise terminates or expires without the actual delivery of common shares pursuant to the award, the common shares subject to such award will be available again for awards under the 2019 Plan. The 2019 Plan is administered by the Compensation Committee. The Compensation Committee has full power and authority to: (i) designate participants; (ii) determine the type or types of awards to be granted to a participant; (iii) determine the number of common shares to be covered by awards; (iv) determine the terms and conditions of any award, including, without limitation, provisions relating to acceleration of vesting or waiver of forfeiture restrictions; (v) determine whether, to what extent, and under what circumstances awards may be vested, settled, exercised, canceled or forfeited; (vi) interpret and administer the 2019 Plan and any instrument or agreement relating to an award made under the 2019 Plan; (vii) establish, amend, suspend or waive such rules and regulations and delegate to and appoint such agents as it deems appropriate for the proper administration of the 2019 Plan; and (viii) make any other determination and take any other action that the Compensation Committee deems necessary or desirable for the administration of the 2019 Plan. The Compensation Committee may correct any defect or supply any omission or reconcile any inconsistency in the 2019 Plan or an award agreement as the Compensation Committee deems necessary or appropriate. 120 Table of Contents Awards under the 2019 Plan may be in the form of: (i) phantom units; (ii) restricted units (including unit distribution rights, referred to as "UDRs"); (iii) options; (iv) unit appreciation rights (“UARs”); (v) distribution equivalent rights (“DERs”); (vi) substitute awards; (vii) performance awards; (viii) unit awards; (ix) cash awards and (x) other unit-based awards. Awards under the 2019 Plan may be granted either alone or in addition to, in tandem with, or in substitution for any other award granted under the 2019 Plan or any other plan of the Company. Awards granted in addition to or in tandem with other awards may be granted at either the same time as or at a different time from the other award. If an award is granted in substitution or exchange for another award, the Compensation Committee shall require the recipient to surrender the original award in consideration for the grant of the new award. Awards under the 2019 Plan may be granted in lieu of cash compensation. Summaries of the different types of awards are provided below: Phantom Unit Award A phantom unit award entitles the grantee to receive one common share upon the vesting of each phantom unit or, at the discretion of our Compensation Committee, the cash equivalent of the fair market value of one common share (or a combination of such cash or common shares) for each phantom unit. The Compensation Committee determines the number of phantom units to be granted, the period of time when the phantom units are subject to forfeiture, vesting or forfeiture conditions, which may include accelerated vesting upon the achievement of certain performance goals, and such other terms and conditions the Compensation Committee may establish, including whether DERs are granted with respect to phantom units. Restricted Unit Award A restricted unit award entitles the grantee to receive one common share per restricted unit awarded. The awarded units are subject to a restricted period established by the Compensation Committee, during which the award remains subject to forfeiture or is either not exercisable by or payable to the recipient of the award. The Compensation Committee determines the number of restricted units to be granted, the period of time when the restricted units are subject to forfeiture, vesting or forfeiture conditions, which may include accelerated vesting upon the achievement of certain performance goals, and such other terms and conditions the Compensation Committee may establish. Upon or as soon as reasonably practicable following the vesting of a restricted unit, the participant is entitled to receive a certificate evidencing ownership of one common share per unit awarded or to have the restrictions removed from any common share certificate that may have previously been delivered so that the common share will be unrestricted. Recipients of restricted unit awards are entitled to unit distributions rights (“UDRs”), representing the right to receive distributions made with respect to the Company’s common shares. Such UDRs may be payable in cash or as additional restricted units and may be subject to forfeiture and withheld until the restricted units to which they relate cease to be subject to forfeiture, all as determined by the Compensation Committee. UDR A UDR is a distribution made by us with respect to a restricted unit. At the discretion of the Compensation Committee, a grant of restricted units may also provide for a UDR, which may be subject to the same forfeiture and other restrictions as the restricted units. If restricted, the distributions will be held, without interest, until the restricted unit vests or is forfeited with the UDR being paid or forfeited at the same time, as the case may be. The Compensation Committee may also provide that distributions be used to acquire additional restricted units. When there is no restriction on the UDRs, UDRs will be paid to the holder of the restricted unit without restriction at the same time as cash distributions are paid by the Company. Option Award An option award confers on the grantee the right to purchase common shares at a specified exercise price during specified time periods. The Compensation Committee determines the number of common shares underlying each option, whether DERs are also to be granted with the option, and the exercise price and the conditions and limitations applicable to the exercise of the option. UAR A UAR entitles the grantee to receive, in cash or common shares. An amount equal to the excess of the fair market value of one common share on the exercise date of the UAR over the exercise price of the UAR, which may be paid in cash or common shares at the discretion of the Compensation Committee. The Compensation Committee determines the number of common shares to be covered by each grant, whether DERs are granted with respect to such UAR, and the exercise price and the conditions and the limitations applicable to the exercise of the UAR, which may include accelerated vesting upon the achievement of certain performance goals. 121 Table of Contents DER A DER entitles the grantee to receive an amount, payable either in cash, common shares and/or phantom shares at the discretion of the Compensation Committee, equal to the distributions or dividends we make with respect to a common share during the period the award is outstanding. At the discretion of the Compensation Committee, any award, other than a restricted unit or unit award, may include a tandem grant of DERs, which may provide that the DERs will be paid directly to the participant, be reinvested into additional awards, be credited to an account subject to the same restrictions as the tandem award, if any, or be subject to such other provisions and restrictions as determined by the Compensation Committee. The Compensation Committee may also grant DERs as stand-alone awards. Substitute Awards Awards may be granted under the 2019 Plan in substitution for similar awards held by individuals who become participants of the 2019 Plan as a result of a merger or other transaction with the Company. Performance Award A performance award is an award under which the participant’s right to receive a grant and to exercise or receive a settlement of any award and the vesting or timing of such award is subject to performance conditions specified by the Compensation Committee. Performance conditions consist of one or more business criteria or individual performance criteria and a targeted level or levels of performance with respect to each criterion, as determined by the Compensation Committee. The achievement of performance conditions shall be measured over a performance period of up to ten years, as specified by the Compensation Committee. At the end of the applicable performance period, the Compensation Committee shall determine the amount, if any, of the potential performance award to which the recipient is entitled. The settlement of a performance award shall be in cash, common shares or other awards or property at the discretion of the Compensation Committee. Unit Award A unit award is a grant of one common share, which is not subject to a restricted period during which the award remains subject to forfeiture or is either not exercisable by or payable to the recipient of the award. Unit awards are granted at the discretion of the Compensation Committee as a bonus or additional compensation or in lieu of cash compensation the recipient would otherwise be entitled to receive, in such amounts as the Compensation Committee determines to be appropriate. Other Awards and Cash Awards Other awards, denominated or payable in, valued in whole or in part by reference to or otherwise based on, or settled in, common shares, may be granted by the Compensation Committee, including convertible or exchangeable debt securities, other rights convertible or exchangeable into common shares, purchase rights for common shares and awards with value and payment contingent upon performance of the Company or any other factors designated by the Compensation Committee and awards valued by reference to the book value of the Company’s common shares or the value of securities of or the performance of specified affiliates of the Company. The Compensation Committee determines the terms and conditions of such other equity awards. Additionally, cash awards may also be granted by the Compensation Committee, either as an element of, or supplement to, another award or independent of another award. Change in Control Upon a change of control of the Company, the Compensation Committee may undertake one or more of the following actions, which may vary among individual holders and awards: (i) remove forfeiture restrictions on any award; (ii) accelerate the time of exercisability or lapse of a restricted period; (iii) provide for cash payment with respect to outstanding awards by requiring the mandatory surrender of all or some of outstanding awards; (iv) cancel awards that remain subject to a restricted period without payment to the recipient of the award; or (v) make certain adjustments to outstanding awards as the Compensation Committee deems appropriate. If a director’s membership on the Board terminates for any reason, or an employee’s employment with the Company terminates for any reason, his or her unvested awards will be automatically forfeited unless, and then only to the extent that, our Compensation Committee or grant agreements provide otherwise. The 2019 Plan became effective on the date of its approval by the Board as of December 18, 2019. The 2019 Plan will continue in effect until the earliest of (i) the date determined by the Board; (ii) the date that all common shares available under the 2019 Plan have been delivered to participants; or (iii) the tenth anniversary of the approval of the 2019 Plan by the Board. The 122 Table of Contents authority of the Board or the Compensation Committee to amend or terminate any award granted prior to such termination, as well as the awards themselves, will extend beyond such termination date. ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS The following table shows the amount and percentage of the outstanding shares of our common stock that each of our named executive officers, each of our directors, each person whom we believe beneficial owns 5% or more of the outstanding shares of our common stock and all of our directors and executive officers as a group as of March 1, 2020. Unless otherwise indicated, the beneficial owner named in the table is deemed to have sole voting and sole dispositive power of the shares of common stock set forth opposite such beneficial owner’s name. Name of Beneficial Owner Position Amount of Beneficial Ownership Percent of Class President, Chief Executive Officer and a Director Chief Financial Officer and Senior Vice President Joseph M. Redling (1) Jeffrey DiGiovanni Garry P. Herdler Austin K. So James S. Ford Robert B. Hellman, Jr. (2)(3) Spencer E. Goldenberg Stephen J. Negrotti Andrew Axelrod (4)(5) David Miller Patricia D. Wellenbach All current directors and executive officers as a group (10 persons) Axar Capital Management, LP (1330 Avenue of the Americas, 30th Floor, New York, NY 10019) (5) StoneMor GP Holdings, LLC (950 Tower Lane, Suite 800, Foster City, CA 94464) (4) Mangrove Partners Master Fund Ltd. (c/o Maples Corporate Services, Ltd., PO Box 309, Ugland House, South Church Street, George Town, Grand Cayman, Cayman Islands KY1-1104) (6) Former Chief Financial Officer and Senior Vice President Senior Vice President, Chief Legal Officer and Secretary Former Chief Operating Officer Director Director Director Director Director Director 1,003,301 40,349 205,021 114,267 119,887 7,505,698 — 13,584 49,517,272 905,945 6,064 59,106,480 49,517,272 5,099,969 10,294,832 1.1% * * * * 7.9% * * 52.4% 1.0% * 62.6% 52.4% 5.4% 10.9% * (1) (2) (3) (4) (5) (6) Less than one percent Excludes 421,875 shares of restricted common stock included in the award of 750,000 restricted common units granted to Mr. Redling that will not vest within 60 days of March 1, 2020, as these unvested shares of restricted common stock confer no common stockholder rights to Mr. Redling. Mr. Hellman’s beneficial ownership includes 41,567 shares of common stock held by Mr. Hellman directly, 5,099,969 shares of common stock held by StoneMor GP Holdings, LLC and 2,364,162 shares of common stock held by ACII. AUH is the sole manager of ACII. Messrs. Matthew P. Carbone and Robert B. Hellman Jr. are managing members of AUH, collectively referred to as the "managing members." The managing members may be deemed to share voting and dispositive power over the common stock held by ACII. ACII is owned by its members: AIM II, AIM FFII and AIM II StoneMor. AIM II StoneMor is owned by AIM Management II and AIM II Offshore. AIM Management II is the general partner of AIM II, AIM FFII and AIM II Offshore. Mr. Hellman is a managing member of AIM Management II and the president of AIM II StoneMor. Information other than percentage of class beneficially owned is based on a Schedule 13D/A filed on January 3, 2020. Represents shares beneficially owned by Axar Capital Management, LP as investment manager for certain funds and managed accounts with respect to the shares they hold. Mr. Axelrod is the sole member of Axar GP, LLC, the general partner of Axar Capital Management, LP. Information other than percentage of class beneficially owned is based on a Schedule 13D/A filed on January 2, 2020. Information other than percentage of class beneficially owned is based on a Schedule 13G filed on January 3, 2020. 123 Table of Contents EQUITY COMPENSATION PLAN INFORMATION The following table details information regarding the 2019 Plan as of December 31, 2019: Plan Category Equity compensation plans approved by security holders Equity compensation plans not approved by security holders—2019 Plan Total (1) Excludes 43,594 phantom shares and 515,625 restricted shares awarded under the 2019 Plan. (a) Number of securities to be issued upon exercise of outstanding options, warrants and rights (b) Weighted average exercise price of outstanding options, warrants and rights $(1) (c) Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a)) — 6,059,219 6,059,219 $ $ — 1.20 1.20 — 986,552 986,552 For more information related to our 2019 Plan, see Note 14, Long Term Incentive Plan to our consolidated financial statements in Part II, Item 8. Financial Statements and Supplementary Data of this Annual Report. ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS AND DIRECTOR INDEPENDENCE INDEPENDENCE OF DIRECTORS For a list of our directors as of March 1, 2020, see Part III, Item 10, Directors, Executive Officers and Corporate Governance in this Annual Report. Our Board has concluded that all of our directors other than Andrew M. Axelrod and Joseph M. Redling, and all of the members of our Audit Committee and our Compensation Committee, are independent within the meaning of the NYSE listing standards. RELATED PARTY TRANSACTIONS POLICY AND PROCEDURES Prior to consummation of the Merger on December 31, 2019, the Board had established a Conflicts Committee, which was authorized to exercise all of the power and authority of the Board in connection with investigating, reviewing and acting on matters referred or disclosed to it where a conflict of interest exists or arises and performing such other functions as the Board may assign to the Conflicts Committee from time to time. The Conflicts Committee was responsible for reviewing all matters involving a conflict of interest submitted to it by the Board or as required by any written agreement involving a conflict of interest to which we are a party. In reviewing any transaction or proposed transaction, the Conflicts Committee determined whether the transaction complied with our policies on conflicts of interests. Effective upon consummation of the Merger, the Board adopted a new charter for the Audit Committee. As set forth in that charter, it is our policy that we will not enter into any transaction that would need to be disclosed in this Item 13 unless the Audit Committee or another independent body of the Board first reviewed and approved the transaction. As of March 1, 2020, Axar beneficially owns 52.4% of our outstanding common stock, which constitutes a majority of our outstanding common stock. As a result, we are a “controlled company” within the meaning of NYSE corporate governance standards. For discussion on certain risks and uncertainties attributable to us being a controlled company, see Part I, Item 1A. Risk Factors of this Annual Report. On February 4, 2019, the Partnership entered into the Eighth Amendment and Wavier to Credit Agreement with, among other parties, certain funds affiliated with Axar Capital Management, LP (collectively, the “Axar Lenders”) pursuant to which, among other things, the Axar Lenders agreed to provide an up to $35.0 million bridge financing in the form of a Tranche B Revolving Credit Facility (the “Tranche B Facility”). Borrowings under the financing arrangement including the Tranche B Facility were collateralized by a perfected first priority security interest in substantially all assets of the Partnership and the other borrowers thereunder held for the benefit of the existing Tranche A Revolving Lenders and bore interest at a fixed rate of 8.0%. Borrowings under the Tranche B Facility on original date thereof were subject to an original issue discount in the amount of $0.7 million, which was recorded as original issue discount, and the Partnership paid additional interest in the amount $0.7 million at the termination and payment in full of the financing arrangement, which will be accreted to interest expense over the 124 Table of Contents term of the financing arrangement. As of the date of the transaction, funds and/or managed accounts for which Axar Capital Management, LP served as investment manager (collectively, the “Axar Vehicles”) beneficially owned approximately 19.5% of the Partnership’s outstanding common units. The highest outstanding principal amount under the Tranche B Facility during 2019 was $35.0 million, all of which was repaid (together with interest, including the original issue discount, in the amount of $2.2 million, in connection with the Recapitalization Transactions. On June 27, 2019, the Axar Vehicles, David Miller and certain other investors (individually a “Purchaser” and collectively the “Purchasers”) and the Company entered into the Series A Preferred Unit Purchase Agreement (the “Series A Purchase Agreement” and the transactions contemplated thereby, the “Preferred Offering”) pursuant to which the Partnership sold to the Purchasers an aggregate of 52,083,333 of the Partnership’s Series A Preferred Units (the “Preferred Units”) at a purchase price of $1.1040 per Preferred Unit, reflecting an 8% discount to the liquidation preference of each preferred unit, for an aggregate purchase price of $57.5 million. The Axar Vehicles purchased an aggregate of 39,764,492 Preferred Units for an aggregate purchase price of $43.9 million and David Miller purchased an aggregate of 996,377 Preferred Units for an aggregate purchase price of $1.1 million. Immediately prior to consummation of the Preferred Offering, Andrew M. Axelrod, the sole member of Axar GP, LLC, the general partner of Axar Capital Management, LP, and Mr. Miller were appointed directors of the Partnership’s general partner. On June 27, 2019, the Partnership also consummated a private placement of $385.0 million of 9.875%/11.500% Senior Secured PIK Toggle Notes due 2024 to certain financial institutions (collectively with the Preferred Offering, the “Recapitalization Transactions”) pursuant to the terms of an indenture dated June 27, 2019 by and among the Company, Cornerstone Family Services of West Virginia Subsidiary, Inc. (collectively with the Company, the “Issuers”), certain direct and indirect subsidiaries of the Company (as guarantors), the initial purchasers party thereto and Wilmington Trust, National Association, as trustee. A portion of the net proceeds of the Recapitalization Transactions were used to repay the outstanding principal balance of and accrued and unpaid interest on the Tranche B Facility with the Axar Lenders. On October 25, 2019, the Partnership completed the Rights Offering. In accordance with the terms of the Preferred Units as set forth in the Partnership’s Third Amended and Restated Agreement of Limited Partnership dated as of June 27, 2019, the gross proceeds from the Rights Offering were used to redeem an aggregate of 3,039,380 Preferred Units at a redemption price of $1.20 per Preferred Unit, including (i) 1,921,135 Preferred Units redeemed from the Axar Vehicles for an aggregate redemption price of $2,305,362 and (ii) 90,432 Preferred Units redeemed from the David Miller for an aggregate redemption price of $108,518. In addition, Messrs. Redling and Negrotti participated and acquired 422,341 and 7,519 common units, respectively, in the Rights Offering. In December 2019, we purchased a $30 million participation in a $70 million new debt facility issued by Payless Holdings LLC (“Payless”). Funds and accounts affiliated with Axar also invested $20 million in this facility. The investment was initially proposed by our Chairman of the Board, Mr. Axelrod and subsequently approved by the Board. The Axar funds controlled by Mr. Axelrod own approximately 30% of the equity of Payless, and Mr. Axelrod serves on Payless’ board of directors. Our investment in Payless represents approximately 4% of the total fair market value of all of our trusts as of December, 31, 2019. On April 1, 2020, we entered into the Axar Commitment with Axar pursuant to which Axar committed to (a) purchase shares of our Series A Preferred Stock with an aggregate purchase price of $8.8 million on April 3, 2020, (b) exercise its basic rights in the rights offering by tendering the shares of Series A Preferred Stock so purchased for shares of our common stock, $0.01 par value per share and (c) purchase any shares offered in the rights offering for which other stockholders do not exercise their rights, up to a maximum of an additional $8.2 million of such shares. We did not pay Axar any commitment, backstop or other fees in connection with the Axar Commitment. On April 3, 2020, as contemplated by the Axar Commitment, we and the 2020 Purchasers entered into the 2020 Preferred Purchase Agreement pursuant to which we sold 176 shares of our Series A Preferred Stock, par value $0.01 per share, for a cash price of $50,000 per share, an aggregate of $8.8 million. The 2020 Purchasers are funds or accounts managed by Axar. OMNIBUS AGREEMENT On September 20, 2004, we entered into an omnibus agreement (the "Omnibus Agreement") with McCown De Leeuw, a private equity investment firm and a founder of Cornerstone, CFS, CFSI and StoneMor Operating LLC. Under the Omnibus Agreement, as long as the general partner of the Partnership is an affiliate of McCown De Leeuw, McCown De Leeuw will agree, and will cause its controlled affiliates to agree, not to engage, either directly or indirectly, in the business of owning and operating cemeteries and funeral homes (including the sales of cemetery and funeral home products and services) in the U.S. On November 30, 2010, MDC IV Liquidating Trusts became successors to McCown De Leeuw, and 125 Table of Contents McCown De Leeuw was subsequently terminated. The MDC IV Liquidating Trusts assumed and agreed to be bound by and perform all of the obligations and duties of McCown De Leeuw under the Omnibus Agreement. The Omnibus Agreement may not be further amended without the prior approval of the Audit Committee if we determine that the proposed amendment will adversely affect holders of our common stock. Any further action, notice, consent, approval or waiver permitted or required to be taken or given by us under the indemnification provisions of the Omnibus Agreement as amended must be taken or given by the Audit Committee. MATTERS PERTAINING TO FORMER PRESIDENT AND CHIEF EXECUTIVE OFFICER On October 12, 2018, a former President and Chief Executive Officer of the Company, Lawrence Miller, and the Company entered into a letter agreement (the “Agreement”) that resolved the number of units that vested upon Mr. Miller’s retirement as the Company’s President and Chief Executive Officer in May 2017 pursuant to awards made under the 2019 Plan. The parties agreed that a total of 22,644 time-based units and 63,836 performance-based units vested under such awards in accordance with the terms of the Separation Agreement dated March 27, 2017 between Mr. Miller and the Company (the “Separation Agreement”). The parties also agreed that a total of $340,751.40 will be paid to Mr. Miller pursuant to distribution equivalent rights with respect to those units. In connection with entering into the Agreement, Mr. Miller resigned as a director of the Board. The Company paid Mr. Miller his distribution equivalent rights in October 2018 and issued the vested units in February 2019, after it had filed all reports it was required to file under the Securities Exchange Act of 1934, as amended. The Agreement also included a customary release by Mr. Miller of any further claims with respect to the 2019 Plan, including the referenced awards, and any right to appoint a “Founder Director” under the terms of the Company’s Second Amended and Restated Limited Liability Company Agreement, as amended. During 2018 and 2019, Mr. Miller received $528,000 and $467,000, respectively as additional cash severance pursuant to the terms of the Separation Agreement. PARENTS OF SMALLER REPORTING COMPANIES As a smaller reporting company, we are required to list all “parents” of the Company showing the basis of control and, as to each such parent, the percentage of voting securities owned or other basis of control by its immediate parent. For this purpose, a “parent” is an affiliate that, directly or indirectly through one or more intermediaries, controls an entity. The only person that we believe is or may be deemed to be a “parent” of the Company is Axar Capital Management, LP based on (i) its ownership of 49,517,272, or approximately 52.4%, of our outstanding common stock and (ii) the fact that Andrew M. Axelrod, the Chairman of our Board, is the sole member of the general partner of Axar Capital Management, LP. ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES The following table sets forth the aggregate fees paid or accrued for professional services rendered by Grant Thornton LLP for the audit of our annual financial statements for fiscal years 2019 and 2018, along with audit-related services and all other services rendered by Grant Thornton LLP for fiscal years 2019 and 2018: Audit fees Audit-related fees Tax fees Years Ended December 31, 2019 2018 $ $ 1,832,040 262,338 — 2,094,378 $ $ 2,299,550 — 84,250 2,383,800 The category of "Audit fees" includes fees for our annual audit, quarterly reviews and services rendered in connection with regulatory filings with the SEC, such as the issuance of comfort letters and consents. The decrease in fees in 2019 was primarily the result of non- recurring fees for audit work performed in 2018 with regards to the implementation of ASC 606 and out-of-scope procedures. The category of "Audit-related fees" includes fees for services related to providing consents for our various registration statements. The category of "Tax fees" includes fees for the consultation and preparation of federal, state and local tax returns, as well as consultation on tax compliance matters. 126 Table of Contents All above audit services, audit-related services and tax services were pre-approved by the Audit Committee, which concluded that the provision of such services by Grant Thornton LLP was compatible with the maintenance of each firm’s independence in the conduct of its auditing functions. The Audit Committee’s outside auditor independence policy provides for pre-approval of all services performed by the outside auditors. 127 Table of Contents ITEM 15. EXHIBITS INDEX AND FINANCIAL STATEMENT SCHEDULES (a) Financial Statements (1) The following financial statements of StoneMor Inc. are included in Part II, Item 8. Financial Statements and Supplementary Data: PART IV Reports of Independent Registered Public Accounting Firms Consolidated Balance Sheets as of December 31, 2019 and 2018 Consolidated Statements of Operations for the years ended December 31, 2019 and 2018 Consolidated Statements of Owners’ Equity for the years ended December 31, 2019 and 2018 Consolidated Statements of Cash Flows for the years ended December 31, 2019 and 2018 Notes to Consolidated Financial Statements (2) Other schedules have not been included either because they are not applicable or because the information is included elsewhere in this Annual Report on Form 10-K (the “Annual Report”). (b) The documents listed in the Exhibit Index of this Annual Report are filed with or incorporated by reference in this Annual Report, in each case as indicated therein (numbered in accordance with Item 601 of Regulation S-K). Exhibit Number Description 3.1* 3.2 3.3* 4.1* 4.2* 4.3 4.4* 4.5* Certificate of Incorporation of StoneMor Inc. Certificate of Designation of Preferences, Rights and Limitations of Series A Preferred Stock of StoneMor Inc. Bylaws of StoneMor Inc. Indenture dated as of June 27, 2019 by and among StoneMor Partners L.P., Cornerstone Family Services of West Virginia Subsidiary, Inc., the initial purchasers named therein, the guarantors named therein and Wilmington Trust, National Association, as trustee, including the form of 9.875%/11.500% Senior Secured PIK Toggle Notes due 2024 First Supplemental Indenture, dated as of December 31, 2019, by and among StoneMor Partners L.P., Cornerstone Family Services of West Virginia Subsidiary, Inc., 8-K 4.1 December 31, 2019 StoneMor Inc., the Subsidiary Guarantors and Wilmington Trust, National Association Second Supplemental Indenture, dated as of January 30, 2020, by and among StoneMor Partners L.P., Cornerstone Family Services of West Virginia Subsidiary, Inc., StoneMor Inc., StoneMor LP Holdings, LLC and Wilmington Trust, National Association Third Supplemental Indenture, dated as of April 1, 2020, by and among StoneMor Partners L.P., Cornerstone Family Services of West Virginia Subsidiary, Inc. and Wilmington Trust, National Association Form of 9.875%/11.500% Senior Secured PIK Toggle Note due 2024 (included in Exhibit 4.1) 8-K 8-K 4.1 April 2, 2020 4.2 June 28, 2019 128 Incorporated by Reference Form Exhibit Filing Date 8-K 3.1 December 31, 2019 8-K 8-K 3.2 4.1 December 31, 2019 June 28, 2019 Table of Contents 4.6* 4.7 4.8* 4.9 10.1* 10.2* 10.3* 10.4* 10.5* 10.6* Collateral Agreement dated as of June 27, 2019 by and among StoneMor Partners L.P., Cornerstone Family Services of West Virginia Subsidiary, Inc., the guarantors 8-K 4.3 June 28, 2019 named therein and Wilmington Trust, National Association, as collateral agent Supplement to Collateral Agreement dated January 30, 2020 by StoneMor LP Holdings, LLC to Collateral Agreement dated as of June 27, 2019 by and among StoneMor Partners L.P., Cornerstone Family Services of West Virginia Subsidiary, Inc., the guarantors named therein and Wilmington Trust, National Association, as collateral agent Registration Rights Agreement dated June 27, 2019 by and among StoneMor Partners L.P., Cornerstone Family Services of West Virginia Subsidiary, Inc., the guarantors 8-K 4.4 June 28, 2019 name therein and the initial purchasers named therein Description of Common Stock Omnibus Agreement by and among McCown De Leeuw & Co. IV, L.P., McCown De Leeuw & Co. IV Associates, L.P., MDC Management Company IV, LLC, Delta Fund LLC, Cornerstone Family Services LLC, CFSI LLC, StoneMor Partners L.P., StoneMor GP LLC, StoneMor Operating LLC, dated as of September 20, 2004 10-Q 10.4 September 30, 2004 Amendment No. 1 to Omnibus Agreement entered into on, and effective as of, January 24, 2011 by and among MDC IV Trust U/T/A November 30, 2010, MDC IV 8-K 10.1 January 28, 2011 Associates Trust U/T/A November 30, 2010, Delta Trust U/T/A November 30, 2010 (successors respectively to McCown De Leeuw & Co. IV, L.P., a California limited partnership, McCown De Leeuw IV Associates, L.P., a California limited partnership, Delta Fund LLC, a California limited liability company, and MDC Management Company IV, LLC, a California limited liability company), Cornerstone Family Services LLC, a Delaware limited liability company, CFSI LLC, a Delaware limited liability company, StoneMor Partners L.P., a Delaware limited partnership, StoneMor GP LLC, a Delaware limited liability company, for itself and on behalf of the Partnership in its capacity as general partner of the Partnership, and StoneMor Operating LLC, a Delaware limited liability company Lease Agreement, dated as of September 26, 2013, by and among StoneMor Operating, LLC, StoneMor Pennsylvania LLC and StoneMor Pennsylvania Subsidiary LLC, the Archdiocese of Philadelphia, and StoneMor Partners L.P., solely in its capacity as guarantor Amendment No. 1 to Lease Agreement, dated as of March 20, 2014, by and among StoneMor Operating, LLC, StoneMor Pennsylvania LLC and StoneMor Pennsylvania Subsidiary LLC, the Archdiocese of Philadelphia, and StoneMor Partners L.P., solely in its capacity as guarantor 8-K 8-K 10.1 October 2, 2013 10.1 March 26, 2014 Amendment No. 2 to Lease Agreement, dated as of May 28, 2014, by and among StoneMor Operating, LLC, StoneMor Pennsylvania LLC, StoneMor Pennsylvania 10-Q 10.3 August 8, 2014 Subsidiary LLC, the Archdiocese of Philadelphia, and StoneMor Partners L.P. Registration Rights Agreement dated as of June 27, 2019 by and among StoneMor Partners L.P., StoneMor GP LLC, SMP SPV LLC, Star V Partners LLC, Blackwell Partners LLC –Series E, David Miller, MPF Investco 6, LLC, MPF Investco 7, LLC, MPF Investco 8, LLC, The Mangrove Partners Fund, L.P. and The Mangrove Partners Fund (Cayman Partnership), L.P. 8-K 10.2 June 28, 2019 10.7* Registration Rights Agreement dated as of January 30, 2020 by and among StoneMor Inc., American Cemeteries Infrastructure Investors, LLC, StoneMor GP Holdings, 8-K 10.1 February 4, 2020 LLC and certain funds and managed accounts for which Axar Capital Management, LP serves as investment manager 129 Table of Contents 10.8* 10.9* 10.10 Asset Sale Agreement dated as of December 4, 2019 by and among Carriage Funeral Holdings, Inc., StoneMor California Subsidiary, Inc. and StoneMor California, Inc. Series A Preferred Unit Purchase Agreement dated as of June 27, 2019 by and among StoneMor Partners L.P., SMP SPV LLC, Star V Partners LLC, Blackwell Partners LLC –Series E, David Miller, MPF Investco 6, LLC, MPF Investco 7, LLC, MPF Investco 8, LLC, The Mangrove Partners Fund, L.P. and The Mangrove Partners Fund (Cayman Partnership), L.P. Nomination and Director Voting Agreement dated as of September 27, 2018 by and among StoneMor GP LLC, Axar Capital Management, LP, Axar GP, LLC, Axar Master Fund, Ltd., StoneMor GP Holdings, LLC and Robert B. Hellman, Jr., as trustee under the Voting and Investment Trust Agreement for the benefit of American Cemeteries Infrastructure Investors LLC. 10.11 First Amendment to Nomination and Director Voting Agreement dated as of February 4, 2019 by and among StoneMor GP LLC, Axar Capital Management, LP, Axar GP, LLC, Axar Master Fund, Ltd., StoneMor GP Holdings, LLC and Robert B. Hellman, Jr., as trustee under the Voting and Investment Trust Agreement for the benefit of American Cemeteries Infrastructure Investors LLC. 10.12 Second Amendment to Nomination and Director Voting Agreement dated as of Juke 27. 2019 by and among StoneMor GP LLC, Axar Capital Management, LP, Axar GP, LLC, Axar Master Fund, Ltd., StoneMor GP Holdings, LLC and Robert B. Hellman, Jr., as trustee under the Voting and Investment Trust Agreement for the benefit of American Cemeteries Infrastructure Investors LLC. 8-K 8-K 2.1 December 5, 2019 10.1 June 28, 2019 10.13†* Form of Indemnification Agreement by and between StoneMor GP LLC and Lawrence Miller, Robert B. Hellman, Jr., Fenton R. Talbott, Martin R. Lautman, William 10-Q 10.9 November 15, 2004 10.14†* 10.15†* 10.16†* 10.17†* 10.18†* 10.19†* 10.20†* 10.21†* 10.22†* 10.23†* 10.24†* Shane, Allen R. Freedman, effective September 20, 2004 Form of Indemnification Agreement by and between StoneMor GP LLC and Howard Carver and Peter Grunebaum, effective February 16, 2007 Form of Indemnification Agreement by and between StoneMor GP LLC and Leo J. Pound and Jonathan Contos, dated February 26, 2015 Indemnification Agreement, dated May 16, 2017, by and between StoneMor GP LLC and R. Paul Grady Indemnification Agreement, effective May 16, 2017, by and between StoneMor GP LLC and Mark Miller Indemnification Agreement, effective May 16, 2017, by and between StoneMor GP LLC and Robert A. Sick Indemnification Agreement effective June 15, 2018 by and between StoneMor GP LLC and Patricia Wellenbach Indemnification Agreement effective June 15, 2018 by and between StoneMor GP LLC and Stephen J. Negrotti Indemnification Agreement effective July 16, 2019 by and between StoneMor GP LLC and Andrew M. Axelrod Indemnification Agreement effective July 16, 2019 by and between StoneMor GP LLC and Spencer E. Goldenberg Indemnification Agreement effective July 16, 2019 by and between StoneMor GP LLC and David Miller Form of StoneMor Inc. Indemnification Agreement 10.25†* Employment Agreement by and between Joseph M. Redling and StoneMor GP LLC, dated June 29, 2018 130 10-Q 10-Q 8-K 8-K 8-K 8-K 8-K 8-K 8-K 8-K 8-K 8-K 10.9 10.1 10.2 10.4 10.5 10.6 10.7 10.8 10.9 10.10 10.1 November 15, 2004 May 8, 2015 May 22, 2017 May 22, 2017 May 22, 2017 June 18, 2018 June 18, 2018 July 22, 2019 July 22, 2019 July 22, 2019 December 31, 2019 10.1 July 3, 2018 Table of Contents 10.26†* 10.27†* 10.28†* 10.29†* 10.30†* 10.31† 10.32†* 10.33†* 10.34†* 10.35†* 10.36†* 10.37† 10.38†* 10.39†* 10.40†* 10.41†* 10.42†* 10.43†* 10.44* 10.45 10.46 10.47 21.1 Employment Agreement dated September 19, 2019 by and between StoneMor GP LLC and Jeffrey DiGiovanni Employment Agreement by and between Austin K. So and StoneMor GP LLC, dated June 15, 2018 StoneMor Amended and Restated 2019 Long-Term Incentive Plan First Amendment to the StoneMor Amended and Restated 2019 Long-Term Incentive Plan Director Restricted Phantom Unit Agreement by and between StoneMor GP LLC and Andrew M. Axelrod Amendment to Director Restricted Phantom Unit Agreement dated November 7, 2019 by and between StoneMor GP LLC and Andrew M. Axelrod Director Restricted Phantom Unit Agreement by and between StoneMor GP LLC and Spencer E. Goldenberg Director Restricted Phantom Unit Agreement by and between StoneMor GP LLC and David Miller Director Restricted Phantom Unit Agreement effective June 15, 2018 by and between StoneMor GP LLC and Stephen J. Negrotti Director Restricted Phantom Unit Agreement effective June 15, 2018 by and between StoneMor GP LLC and Patricia D. Wellenbach Executive Restricted Unit Award Agreement dated July 18, 2018 by and between StoneMor GP LLC and Joseph M. Redling Form of StoneMor Amended and Restated 2019 Long-Term Incentive Plan Option Agreement Severance Agreement and General Release and Waiver of Claims by and among StoneMor GP LLC and Garry P. Herdler Employment Agreement dated April 10, 2019 by and between StoneMor GP LLC and Garry P. Herdler Retirement Agreement dated as of April 10, 2019 by and between Mark L. Miller and StoneMor GP LLC Employment Agreement, effective May 16, 2017, by and between StoneMor GP LLC and Mark Miller Separation Agreement by and among StoneMor GP LLC and James Ford Employment Agreement dated March 1, 2018 by and between StoneMor GP LLC and James Ford Letter Agreement dated April 1, 2020 by and between Axar Capital Management, LP and StoneMor Inc. Series A Preferred Stock Purchase Agreement dated April 3, 2020 by and among StoneMor, Inc., Axar CL SPV LLC, Star V Partners LLC and Blackwell Partners LLC –Series E Master Services Agreement (Unionized Locations) dated April 2, 2020 by and between StoneMor Operating LLC and Rickert Landscaping, Inc. Master Services Agreement dated April 2, 2020 by and between StoneMor Operating LLC and Moon Landscaping, Inc. Subsidiaries of Registrant 131 8-K 8-K 8-K 8-K 8-K 8-K 8-K 8-K 8-K 8-K 8-K 8-K 8-K 8-K 8-K 8-K 8-K 10.3 10.3 10.1 10.1 10.5 10.6 10.7 10.5 10.4 10.1 10.2 10.1 10.3 10.3 10.4 10.1 10.1 September 19, 2019 June 18, 2018 April 2, 2019 December 20, 2019 July 22, 2019 July 22, 2019 July 22, 2019 June 18, 2018 June 18, 2018 July 24, 2018 September 19, 2019 April 16, 2019 April 16, 2019 May 22, 2017 September 19, 2019 March 2, 2018 April 2, 2020 Table of Contents 31.1 Certification pursuant to Exchange Act Rule 13a-14(a) of Joseph M. Redling, President and Chief Executive Officer 31.2 32.1 32.2 101 Certification pursuant to Exchange Act Rule 13a-14(a) of Jeffrey DiGiovanni, Chief Financial Officer and Senior Vice President Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C. § 1350) and Exchange Act Rule 13a-14(b) of Joseph M. Redling, President and Chief Executive Officer Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C. § 1350) and Exchange Act Rule 13a-14(b) of Jeffrey DiGiovanni, Chief Financial Officer and Senior Vice President Attached as Exhibit 101 to this report are the following Interactive Data Files formatted in XBRL (eXtensible Business Reporting Language): (i) Consolidated Balance Sheets as of December 31, 2019 and 2018; (ii) Consolidated Statements of Operations for the years ended December 31, 2019 and 2018; (iii) Consolidated Statements of Owners’ Equity; (iv) Consolidated Statements of Cash Flows for the years ended December 31, 2019 and 2018; and (v) Notes to the Consolidated Financial Statements. Users of this data are advised pursuant to Rule 401 of Regulation S-T that the information contained in the XBRL documents is unaudited and these are not the official publicly filed financial statements of StoneMor Inc. * † Incorporated by reference, as indicated Management contract, compensatory plan or arrangement ITEM 16. FORM 10-K SUMMARY Not applicable. 132 Table of Contents SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. April 7, 2020 STONEMOR INC. By: /s/ Joseph M. Redling Joseph M. Redling President and Chief Executive Officer 133 Table of Contents Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. Signatures Title President and Chief Executive Officer and Director Date April 7, 2020 /s/ Joseph M. Redling Joseph M. Redling (Principal Executive Officer) /s/ Jeffrey DiGiovanni Jeffrey DiGiovanni (Principal Financial and Accounting Officer) /s/ Andrew Axelrod Andrew Axelrod /s/ Robert B. Hellman, Jr. Robert B. Hellman, Jr. /s/ Spender Goldberg Spencer Goldberg /s/ David Miller David Miller /s/ Stephen J. Negrotti Stephen J. Negrotti /s/ Patricia D. Wellenbach Patricia D. Wellenbach (Back To Top) Senior Vice President and Chief Financial Officer April 7, 2020 Chairman of the Board Director Director Director Director Director 134 April 7, 2020 April 7, 2020 April 7, 2020 April 7, 2020 April 7, 2020 April 7, 2020 Section 2: EX-3.2 (EX-3.2 PREFERRED STOCK CERTIFICATE OF DESIGNATION) Exhibit 3.2 CERTIFICATE OF DESIGNATION OF PREFERENCES, RIGHTS AND LIMITATIONS OF SERIES A PREFERRED STOCK OF STONEMOR INC. (Pursuant to Section 151 of the General Corporation Law of the State of Delaware) StoneMor Inc., a corporation organized and existing under the General Corporation Law of the State of Delaware, as amended (the “General Corporation Law”), in accordance with Section 151 of the General Corporation Law, does hereby certify that: 1. The name of the corporation (hereinafter, the “Corporation”) is StoneMor Inc., a Delaware corporation. Article IV of the Certificate of Incorporation of the Company (the “Certificate of Incorporation”) authorizes the issuance of ten million (10,000,000) shares of preferred stock, $0.01 par value per share (the “Preferred Stock”), and expressly vests in the Board of Directors of the Corporation the authority to issue any or all of said shares in one (1) or more series and by resolution or resolutions to establish the designation and number and to fix the relative rights and preferences of each series to be issued. 2. 3. The Board of Directors of the Corporation, pursuant to the authority expressly vested in it as aforesaid, has adopted the following resolutions creating a Series A issue of Preferred Stock: A Preferred Stock”). Shares of the Series A Preferred Stock shall possess the rights and preferences set forth below: RESOLVED, that one thousand (1,000) of the ten million (10,000,000) authorized shares of Preferred Stock of the Company shall be designated Series A Preferred Stock, $0.01 par value per share (the “Series 1. Ranking. The Series A Preferred Stock shall rank, prior and superior to all of the common stock par value $0.01 per share of the Corporation (“Common Stock”) and any other capital stock of the Corporation authorized as of the date hereof (other than the Series A Preferred Stock) with respect to the preferences as to dividends, distributions and payments upon the voluntary or involuntary liquidation, dissolution and winding up of the Corporation or sale of all or substantially all of the assets of the Corporation. The rights of the shares of Common Stock and other capital stock of the Corporation (other than the Series A Preferred Stock) shall be subject to the preferences and relative rights of the Series A Preferred Stock. Without the prior express written consent of the holders of record of a majority of the outstanding shares of Series A Preferred Stock, the Corporation shall not hereafter authorize or issue additional or other capital stock whether such capital stock is of senior or pari-passu in respect of the preferences as to distributions and payments upon any event described in Subsection 2.1 hereof. In the event of the merger or consolidation of the Corporation with or into another corporation, the Series A Preferred Stock shall maintain their relative powers, designations and preferences provided for herein 1 (except that the Series A Preferred Stock may not be pari passu with, or junior to, any capital stock of the successor entity) and no merger shall result inconsistent therewith. With respect to the Series A Preferred Stock “Junior Securities” shall mean all classes or series of capital stock of the Corporation established before or after the date hereof to which the Series A Preferred Stock is senior, including the Common Stock. 2. Liquidation, Dissolution or Winding Up. 2.1 Preferential Payments to Holders of Series A Preferred Stock. In the event of any voluntary or involuntary liquidation, dissolution or winding up of the Corporation or sale of all or substantially all of the assets of the Corporation, the holders of shares of Series A Preferred Stock then outstanding shall be entitled to be paid out of the assets of the Corporation available for distribution to its stockholders before any payment shall be made to the holders of Common Stock by reason of their ownership thereof, an amount per share equal to the Series A Original Issue Price (as defined below). As used herein, the “Series A Original Issue Price” shall mean $50,000 per share, subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Series A Preferred Stock. If upon any such liquidation, dissolution or winding up of the Corporation, the assets of the Corporation available for distribution to its stockholders shall be insufficient to pay the holders of shares of Series A Preferred Stock the full amount to which they shall be entitled under this Subsection 2.1, the holders of shares of Series A Preferred Stock shall share ratably in any distribution of the assets available for distribution in proportion to the respective amounts which would otherwise be payable in respect of the shares held by them upon such distribution if all amounts payable on or with respect to such shares were paid in full. The aggregate amount which a holder of a share of Series A Preferred Stock is entitled to receive under this Subsection 2.1 is hereinafter referred to as the “Series A Liquidation Amount.” Distribution of Remaining Assets. In the event of any voluntary or involuntary liquidation, dissolution or winding up of the Corporation or sale of all or substantially all of the assets of the Corporation, after the payment of the Series A Liquidation Amount, the remaining assets of the Corporation available for distribution to its stockholders shall be distributed exclusively to the holders of the Common Stock, pro rata based on the number of shares held by each such holder. 2.2 Series A Preferred Stock shall have one vote per share. 3. Voting. Except as required by law, the shares of Series A Preferred Stock are not entitled to vote on any matter. In exercising any voting rights provided by law, each share of 4. 5. 6. Nonconvertible Stock. The shares of Series A Preferred Stock shall not be convertible into shares of Common Stock or other securities of the Corporation. No Redemption Rights. The shares of Series A Preferred Stock shall not be subject to any mandatory or optional redemption rights or obligations. Dividends. The holders of the Series A Preferred Stock, in preference to the holders of the Common Stock, shall be entitled to receive in any fiscal year of the Corporation, out of any assets legally available therefor, dividends at the rate of 16% of the Series A Original 2 Issue Price (as defined in Section 2) per share of Series A Preferred Stock per annum plus all unpaid accrued and accumulated dividends thereon. All accrued dividends on any shares of Series A Preferred Stock shall be paid in cash only when, as and if declared by the Board out of funds legally available therefor or upon a liquidation of the Series A Preferred Stock in accordance with the provisions of Section 2 and shall in no event be declared or paid on or before July 31, 2020; provided, that to the extent not paid on the last day of March, June, September and December of each calendar year (each such date, a “Dividend Payment Date”), all accrued dividends on any shares shall accumulate and compound on the applicable Dividend Payment Date whether or not declared by the Board and shall remain accumulated, compounding dividends until paid pursuant hereto. All accrued and accumulated dividends on the Shares shall be prior and in preference to any dividend on any Junior Securities and shall be fully declared and paid before any dividends are declared and paid, or any other distributions or redemptions are made, on any Junior Securities. or thereof may be amended, waived, modified, discharged or terminated without the written consent or affirmative vote of the holders of at least a majority of the outstanding shares of Series A Preferred Stock. 7. Amendment, Waiver or Discharge. Except as otherwise expressly provided herein, neither this Certificate of Designation, the Certificate of Incorporation nor any term hereof [Signature page follows] 3 IN WITNESS WHEREOF, this Certificate of Designation has been executed by a duly authorized officer of the Corporation as of this 30th day of March, 2020. StoneMor Inc. By: /s/ Joseph M. Redling Joseph M. Redling, President and Chief Executive Officer (Back To Top) 4 Section 3: EX-4.3 (EX-4.3 SECOND SUPPLEMENTAL INDENTURE, DATED AS OF JANUARY 30, 2020, BY AND AMONG STONEMOR PARTNERS L.P., CORNERSTONE FAMILY SERVICES OF WEST VIRGINIA SUBSIDIARY, INC., STONEMOR INC., STONEMOR LP HOLDINGS, LLC AND WILMINGTON TRUST, NATIONAL ASSOCIATION) Exhibit 4.3 Second Supplemental Indenture (this “Supplemental Indenture”), dated as of January 30, 2020, among StoneMor, Inc., a Delaware corporation (the “C-Corporation”), StoneMor Partners L.P., a Delaware limited partnership (the “Partnership”), Cornerstone Family Services of West Virginia Subsidiary, Inc., a West Virginia corporation (together with the Partnership, the “Issuers”), StoneMor LP Holdings, LLC, a Delaware limited liability company (the “Subsidiary Guarantor”), a subsidiary of the C-Corporation, and Wilmington Trust, National Association, in its capacity as trustee (the “Trustee”) and as collateral agent (the “Collateral Agent”). W I T N E S E T H WHEREAS, the Issuers, the C-Corporation and the Subsidiary Guarantors have heretofore executed and delivered to Wilmington Trust, National Association, in its capacity as the Collateral Agent and as the Trustee, an indenture dated as of June 27, 2019, as supplemented by that certain First Supplemental Indenture, dated as of December 31, 2019 (as amended, modified or supplemented from time to time, the “Indenture”), providing for the issuance of $385,000,000 of 9.875% / 11.500% Senior Secured PIK Toggle Notes due 2024 (the “Notes”); Subsidiary Guarantor shall unconditionally guarantee all of the Issuers’ Obligations under the Notes and the Indenture on the terms and conditions set forth herein and under the Indenture (the “Guarantee”); and WHEREAS, the Indenture provides that under certain circumstances the Subsidiary Guarantor shall execute and deliver to the Trustee and the Collateral Agent a supplemental indenture pursuant to which the Indenture without the consent of Holders. WHEREAS, pursuant to Section 12.01(c) of the Indenture, the Issuers, the C-Corporation, the Subsidiary Guarantor, the Trustee and the Collateral Agent are authorized to execute and deliver this Supplemental ratable benefit of the Holders as follows: NOW THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the parties mutually covenant and agree for the equal and thereof. Notes. (1) (2) (3) (4) Capitalized Terms. Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture. Agreement to Guarantee. The Subsidiary Guarantor hereby agrees to be a Guarantor under the Indenture and to be bound by the terms of the Indenture applicable to Guarantors, including Article XIII Execution and Delivery. The Subsidiary Guarantor agrees that the Guarantee shall remain in full force and effect notwithstanding the absence of the endorsement of any notation of such Guarantee on the Governing Law. THIS SUPPLEMENTAL INDENTURE WILL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. (5) Counterparts. The parties may sign any number of copies of this Supplemental Indenture. Each signed copy, which may be delivered by facsimile or PDF transmission, shall be an original, but all of them together represent the same agreement. Signatures of the parties hereto transmitted by facsimile or PDF shall be deemed to be their original signatures for all purposes. (6) (7) Effect of Headings. The Section headings herein are for convenience only and shall not affect the construction hereof. The Trustee and the Collateral Agent. Neither the Trustee nor the Collateral Agent makes any representations or shall be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Subsidiary Guarantor. (8) Ratification of Indenture; Supplemental Indenture Part of Indenture. Except as expressly amended hereby, the Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This Supplemental Indenture shall form a part of the Indenture for all purposes, and every Holder heretofore or hereafter authenticated and delivered shall be bound hereby. (9) Representations and Warranties by the Subsidiary Guarantor. The Subsidiary Guarantor hereby represents and warrants to the Trustee and the Collateral Agent that this Supplemental Indenture has been duly and validly executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms and the terms of the Indenture. 2 [Remainder of Page Intentionally Blank] IN WITNESS WHEREOF, each of the parties hereto have caused this Second Supplemental Indenture to be duly executed by their respective authorized officers as of the date first written above. STONEMOR INC. By: /s/ Jeffrey DiGiovanni Name: Jeffrey DiGiovanni Title: Chief Financial Officer STONEMOR PARTNERS L.P. By: /s/ Jeffrey DiGiovanni Name: Jeffrey DiGiovanni Title: Chief Financial Officer CORNERSTONE FAMILY SERVICES OF WEST VIRGINIA SUBSIDIARY, INC. By: /s/ Jeffrey DiGiovanni Name: Jeffrey DiGiovanni Title: Chief Financial Officer STONEMOR LP HOLDINGS, LLC By: /s/ Jeffrey DiGiovanni Name: Jeffrey DiGiovanni Title: Chief Financial Officer [Signature Page to Second Supplemental Indenture] WILMINGTON TRUST, NATIONAL ASSOCIATION, not in its individual capacity, but solely in its capacity as the Trustee and as the Collateral Agent By: /s/ Joseph P. O’Donnell Name: Joseph P. O’Donnell Title: Vice President (Back To Top) [Signature Page to Second Supplemental Indenture] Section 4: EX-4.7 (EX-4.7 SUPPLEMENT TO COLLATERAL AGREEMENT DATED JANUARY 30, 2020 BY STONEMOR LP HOLDINGS, LLC TO COLLATERAL AGREEMENT DATED AS OF JUNE 27, 2019 BY AND AMONG STONEMOR PARTNERS L.P., CORNERSTONE FAMILY SERVICES OF WEST VIRGINIA SUBSIDIARY, INC., THE GUARANT) SUPPLEMENT TO COLLATERAL AGREEMENT Exhibit 4.7 Reference is hereby made to the Collateral Agreement (as amended, restated, supplemented or otherwise modified from time to time, the “Agreement”), dated as of June 27, 2019, made by each of StoneMor Partners, L.P., a Delaware limited liability company (the “Partnership”), Cornerstone Family Services of West Virginia Subsidiary, Inc., a West Virginia corporation (the “Co-Issuer” and, together with the Partnership, the “Issuers”) the other Grantors from time to time party thereto, and Wilmington Trust, National Association, as the Collateral Agent. Capitalized terms used herein and not defined herein shall have the meanings given to them in the Agreement. the form of this Supplement to become a Grantor in accordance with the terms of the Indenture. Section 9.21 of the Agreement provides that an Additional Grantor may become a Grantor under the Agreement by the execution and delivery of a written supplement to the Agreement substantially in By its execution below, the undersigned, StoneMor LP Holdings, LLC, a Delaware limited liability company (the “New Grantor”), agrees to become, and does hereby become, a Grantor under the Agreement and agrees to be bound by the Agreement as if originally a party thereto. The New Grantor hereby collaterally assigns and pledges to the Collateral Agent for the benefit of the Secured Parties, and grants to the Collateral Agent for the benefit of the Secured Parties, a security interest in all of the New Grantor’s right, title and interest in and to the Collateral, whether now owned or hereafter acquired, to secure the prompt and complete payment and performance of the Secured Obligations. For the avoidance of doubt, the grant of a security interest herein shall not be deemed to be an assignment of intellectual property rights owned by the New Grantor. By its execution below, the undersigned represents and warrants as to itself that all of the representations and warranties contained in the Agreement are true and correct in all material respects (without duplication of any materiality or Material Adverse Effect qualifier) as of the date hereof. The New Grantor represents and warrants that the schedule supplements (to the Perfection Certificate) attached hereto are true and correct in all material respects (without duplication of any materiality or Material Adverse Effect qualifier) and that such supplements set forth all information required to be scheduled under the Perfection Certificate with respect to the New Grantor; and the Perfection Certificate shall be deemed to be so supplemented upon execution of this Supplement. The New Grantor shall take all steps necessary and required under the Agreement to perfect, in favor of the Collateral Agent, a first priority Lien against the New Grantor’s Collateral, subject to Liens permitted under Section 8.02 of the Indenture. THIS SUPPLEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAW OF THE STATE OF NEW YORK. IN WITNESS WHEREOF, the New Grantor has executed and delivered this Supplement as of this 30th day of January, 2020. STONEMOR LP HOLDINGS, LLC /s/ Jeffrey DiGiovanni By: Name: Jeffrey DiGiovanni Title: Chief Financial Officer SCHEDULES TO THE SUPPLEMENT TO COLLATERAL AGREEMENT Exhibit 4.7 Schedule 1(a) Legal Names, Etc. Exact Legal Name Type of Entity State of Organization State Organizational Number EIN StoneMor LP Holdings, LLC Limited liability company Delaware 80-0103159 7063826 Not Applicable Schedule 1(b) Prior Organizational Names Not Applicable Schedule 1(c) Changes in Organizational Identity; Other Names 3600 Horizon Boulevard, Suite 100, Trevose, PA 19053. Schedule 2(a) Chief Executive Offices Not Applicable Schedule 3(a) Prior Locations Maintained by Company/Subsidiaries Not Applicable Schedule 4 File Search Reports A financing statement (duly authorized by the New Grantor as the debtor therein), including therein the indications of the collateral, is attached to this Schedule 5 and has been prepared for filing in the proper Uniform Commercial Code filing office in the jurisdiction identified thereon. Schedule 5 Copy of Financing Statements To Be Filed The proper filing office for the financing statement attached to Schedule 5 is identified thereon. No other actions are required to create, preserve, protect and perfect the security interests in the Pledged Collateral granted to the Collateral Agent pursuant to the Security Documents. Schedule 6 Filings/Filing Office Not Applicable Schedule 7 Real Property Not Applicable Schedule 8 Fixtures Not Applicable Schedule 9 Termination Statements Schedule 10(a) Stock Ownership and Other Equity Interests Grantor Issuer Jurisdiction of Incorporation or Organization Grantor Owner, Number and % of Equity Interests Owned Class or Nature of Equity Interests and Certificate Number StoneMor LP Holdings, LLC Delaware StoneMor Inc., 100% N/A The New Grantor owns 2,332,878 common units representing limited partner interests in the Partnership pursuant to that certain Merger and Reorganization Agreement, dated September 27, 2018 entered into by and among the Partnership, StoneMor GP LLC, a Delaware limited liability company, the New Grantor, and Hans Merger Sub, LLC, a Delaware limited liability company. Schedule 10(b) Other Equity Interests Not Applicable Schedule 11 Instruments and Tangible Chattel Paper Not Applicable Schedule 12 Intellectual Property Not Applicable Schedule 13 Commercial Tort Claims Not Applicable Schedule 14 Deposit Accounts, Securities Accounts and Commodity Accounts Not Applicable (Back To Top) Schedule 15 Letter-of-Credit Rights Section 5: EX-4.9 (EX-4.9: DESCRIPTION OF COMMON STOCK) DESCRIPTION OF COMMON STOCK Exhibit 4.9 The following description of the capital stock of StoneMor Inc. (the “Company”) does not purport to be complete and is subject to, and qualified in its entirety by, our certificate of incorporation (“Charter”) and our bylaws (“Bylaws”), each of which is incorporated by reference as an exhibit to the Annual Report on Form 10-K of which this exhibit is a part. General The authorized capital stock of the Company consists of 200,000,000 shares of common stock, $0.01 par value per share, and 10,000,000 shares of preferred stock, $0.01 par value per share. We have one class of securities registered under Section 12 of the Securities Exchange Act of 1934, our common stock, which is listed on the New York Stock Exchange under the symbol “STON.” Common Stock Voting rights. Except as provided by law or in a preferred stock designation, the holders of our common stock are entitled to one vote for each share held of record on all matters submitted to a vote of stockholders and will have the exclusive right to vote for the election of directors. A plurality of the votes cast is required for stockholders to elect directors. Except as otherwise required by law, the holders of our common stock, as such, are not entitled to vote on any amendment to the Charter (including any certificate of designations relating to any series of preferred stock) that relates solely to the terms of any outstanding series of preferred stock, if the holders of such affected series are entitled, either separately or together with the holders of one or more other such series, to vote thereon pursuant to the Charter (including any certificate of designations relating to any series of preferred stock) or pursuant to the Delaware General Corporation Law (the “DGCL”). All other matters put to a stockholder vote generally require the approval of a majority of the votes cast, except as otherwise provided by our Charter (including any preferred stock designation) or Bylaws or required by law. The holders of our common stock do not have cumulative voting rights. Dividends. The holders of our common stock are entitled to receive dividends (payable in cash, stock or otherwise) ratably, if any, as may be declared from time to time by our board of directors out of legally available funds, subject to any preferential or participating dividend rights of any preferred stock then outstanding. Liquidation. In the event of any liquidation, dissolution or winding-up of the Company’s affairs, holders of our common stock are entitled to share ratably in the Company’s assets that are remaining after payment or provision for payment of all of the Company’s debts and obligations and after liquidation payments to holders of outstanding shares of preferred stock, if any. Preemptive, subscription and conversion rights. The holders of our common stock have no preferences or rights of conversion, exchange, pre-emption or other subscription rights. There are no redemption or sinking fund provisions applicable to the common stock. General. All outstanding shares of common stock are fully paid and non-assessable. The rights, preferences and privileges of holders of our common stock are subject to the rights of the holders of shares of any series of preferred stock which we may issue. Transfer agent and registrar. The transfer agent and registrar for our common stock is the American Stock Transfer & Trust Company, LLC. Anti-Takeover Effects of Provisions of the Company’s Certificate of Incorporation, the Company’s Bylaws and Delaware Law Some provisions of Delaware law and the Charter and the Bylaws described below, contain provisions that could make the following transactions more difficult: acquisitions of the Company by means of a tender offer, a proxy contest or otherwise and removal of the Company’s incumbent officers and directors. These provisions may also have the effect of preventing changes in the Company’s management. It is possible that these provisions could make it more difficult to accomplish or could deter transactions that the Company stockholders may otherwise consider to be in their best interest or in the Company’s best interests, including transactions that might result in a premium over the market price for the Company Shares. These provisions, summarized below, are intended to discourage coercive takeover practices and inadequate takeover bids. These provisions are also designed to encourage persons seeking to acquire control of the Company to first negotiate with the Company. Delaware Law The Company is subject to the provisions of Section 203 of the DGCL. In general, those provisions prohibit a Delaware corporation, including those whose securities are listed for trading on the NYSE, from engaging in any business combination with any interested stockholder for a period of three years following the date that the stockholder became an interested stockholder, unless: • • • the transaction is approved by the board of directors before the date the interested stockholder attained that status; after the completion of the transaction that resulted in the stockholder becoming an interested stockholder, the interested stockholder owned at least 85% of the voting stock of the corporation outstanding at the time the transaction commenced; or on or after such time as such person becomes an interested stockholder, the business combination is approved by the board of directors and authorized at a meeting of stockholders by at least two-thirds of the outstanding voting stock that is not owned by the interested stockholder. Section 203 defines “business combination” to include the following: • any merger or consolidation involving the corporation and the interested stockholder; 2 • • • • any sale, transfer, pledge or other disposition (in one or a series of transactions) of 10% or more of the assets of the corporation involving the interested stockholder; subject to certain exceptions, any transaction that results in the issuance or transfer by the corporation of any stock of the corporation to the interested stockholder; subject to certain exceptions, any transaction involving the corporation that has the effect of increasing the proportionate share of the stock of any class or series of the corporation beneficially owned by the interested stockholder; or the receipt by the interested stockholder of the benefit, directly or indirectly, of any loans, advances, guarantees, pledges or other financial benefits provided by or through the corporation. In general, Section 203 defines an interested stockholder as any entity or person beneficially owning 15% or more of the outstanding voting stock of the corporation and any entity or person affiliated with or controlling or controlled by any of these entities or persons. Charter and Bylaws Among other things, the Charter and Bylaws: • provide advance notice procedures with regard to stockholder proposals relating to the nomination of candidates for election as directors or new business to be brought before meetings of the Company stockholders, which may preclude the Company stockholders from bringing matters before the Company stockholders at an annual or special meeting; • • these procedures provide that notice of stockholder proposals must be timely given in writing to the Company’s corporate secretary prior to the meeting at which the action is to be taken; and generally, to be timely, notice must be received at the Company’s principal executive offices not less than 90 days nor more than 120 days prior to the first anniversary date of the annual meeting for the preceding year; provide our board of directors the ability to authorize undesignated preferred stock, which makes it possible for our board of directors to issue, without stockholder approval, preferred stock with voting or other rights or preferences that could impede the success of any attempt to change control of the Company and which may have the effect of deterring hostile takeovers or delaying changes in control or management of the Company; provide that the authorized number of directors may be changed only by resolution of our board of directors; • • 3 • • • • • • provide that all vacancies, including newly created directorships, may, except as otherwise required by law, be filled by the affirmative vote of a majority of directors then in office, even if less than a quorum; provide that any action required or permitted to be taken by our stockholders must be effected at a duly called annual or special meeting of stockholders and may not be effected by any consent in writing in lieu of a meeting of such stockholders, subject to the rights of the holders of any series of preferred stock; provide that directors may be removed only for cause and only by the affirmative vote of holders of at least 662/3% of the voting power of our then-outstanding capital stock entitled to vote generally in the election of directors; provide that the Charter may be amended by the affirmative vote of the holders of at least 662/3% of the Company’s then-outstanding capital stock entitled to vote thereon; provide that special meetings of the Company stockholders may only be called by our board of directors or stockholders owning at least twenty percent (20%) of the entire capital stock of the Company issued and outstanding and entitled to vote on the matter or matters to be brought before the proposed special meeting; and provide that the Bylaws can be amended or repealed by our board of directors or by the affirmative vote of holders of at least 662/3% of the voting power of our then-outstanding capital stock entitled to vote generally in the election of directors. Limitation of Liability and Indemnification Matters The Charter limits the liability of our directors for monetary damages for breach of their fiduciary duty as directors, except for the following liabilities that cannot be eliminated under the DGCL: • • • • for any breach of their duty of loyalty to the Company or our stockholders; for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law; for an unlawful payment of dividends or an unlawful stock purchase or redemption, as provided under Section 174 of the DGCL; or for any transaction from which the director derived an improper personal benefit. Any amendment or repeal of these provisions will be prospective only and would not affect any limitation on liability of a director for acts or omissions that occurred prior to any such amendment or repeal. The Bylaws provide that the Company will indemnify its directors and officers to the fullest extent permitted by the DGCL. The Bylaws also permit the Company to purchase insurance on behalf of any of its officers, directors, employees or agents or any person who is or was serving 4 at its request as an officer, director, employee or agent of another enterprise for any expense, liability or loss asserted against such person and incurred by any such person in any such capacity, or arising out of that person’s status as such, regardless of whether DGCL would permit indemnification. The Company has entered into indemnification agreements with each of its directors and officers. The agreements provide that the Company will indemnify and hold harmless each indemnitee for certain expenses to the fullest extent permitted or authorized by law, including the DGCL, in effect on the date of the agreement or as it may be amended to provide more advantageous rights to the indemnitee. If such indemnification is unavailable as a result of a court decision and if the Company and the indemnitee are jointly liable in the proceeding, the Company will contribute funds to the indemnitee for his or her expenses in proportion to relative benefit and fault of the Company and the indemnitee in the transaction giving rise to the proceeding. The indemnification agreements also provide that the Company will indemnify the indemnitee for monetary damages for actions taken as its director or officer or for serving at its request as a director or officer or another position at another corporation or enterprise, as the case may be but only if (i) the indemnitee acted in good faith and, in the case of conduct in his official capacity, in a manner he or she reasonably believed to be in the Company’s best interests and, in all other cases, not opposed to the Company’s best interests and (ii) in the case of a criminal proceeding, the indemnitee must have had no reasonable cause to believe that his or her conduct was unlawful. The indemnification agreements also provide that the Company must advance payment of certain expenses to the indemnitee, including fees of counsel, subject to receipt of an undertaking from the indemnitee to return such advance if it is it is ultimately determined that the indemnitee is not entitled to indemnification. (Back To Top) 5 Section 6: EX-10.10 (EX-10.10 NOMINATION AND DIRECTOR VOTING AGREEMENT DATED AS OF SEPTEMBER 27, 2018) Exhibit 10.10 Execution Version THIS NOMINATION AND DIRECTOR VOTING AGREEMENT, dated as of September 27, 2018, (this “Agreement”), is entered into by and among StoneMor GP LLC, a Delaware limited liability company and the general partner of the Partnership (“GP”), Axar Capital Management, LP, a Delaware limited partnership (“Axar”), Axar GP LLC, a Delaware limited liability company (“Axar GP”), Axar Master Fund, Ltd., a Cayman Islands exempted limited partnership (together with Axar and Axar GP, the “Axar Entities”), StoneMor GP Holdings, LLC, a Delaware limited liability company (“GP Holdings”), and Robert B. Hellman, Jr., as trustee under the Voting and Investment Trust Agreement for the benefit of American Cemeteries Infrastructure Investors LLC (“ACII,” and, together with GP Holdings, the "ACII Entities" and, collectively with the Axar Entities, the “Principal Stockholders”). The Principal Stockholders and GP or Company (as hereinafter defined) are referred to herein as the “Parties” and each as a “Party.” Capitalized terms used but not defined herein shall have the meaning assigned to such term in the Merger Agreement (as defined below). NOMINATION AND DIRECTOR VOTING AGREEMENT RECITALS WHEREAS, concurrently with the execution and delivery of this Agreement, StoneMor Partners L.P., a Delaware limited partnership (the “Partnership”), the Company, GP Holdings, and Hans Merger Sub, LLC, a newly formed Delaware limited liability company and wholly owned subsidiary of GP (“Merger Sub”), are entering into that certain Merger and Reorganization Agreement (the “Merger Agreement”), dated as of the date hereof, pursuant to which, among other things, (i) GP Holdings will contribute all of its common units representing limited partner interests (the “Common Units”) in the Partnership (the “GP Holdings’ Common Units”) to GP and immediately following receipt thereof, GP will contribute the GP Holdings’ Common Units to StoneMor LP Holdings, LLC, a newly formed Delaware limited liability company and wholly owned subsidiary of GP (“LP Sub”) and LP Sub will become a unitholder of the Partnership, (ii) GP will convert into a Delaware corporation (the “Conversion”) to be named “StoneMor Inc.” (following the Conversion, GP is referred to herein as the “Company”) and all of the limited liability company interests of GP held by GP Holdings prior to the Conversion will convert into shares of common stock, par value $0.01 per share, of the Company (the “Common Stock”) and (iii) Merger Sub will merge with and into the Partnership with the Partnership surviving and with the Company as its sole general partner and LP Sub as its sole holder of Common Units, and each Outstanding Common Unit (other than those held by LP Sub) being converted into the right to receive one share of Common Stock (the “Reorganization”); WHEREAS, as a condition to the willingness of (i) the Principal Stockholders to agree to vote in favor of the transactions contemplated by the Merger Agreement, including the Reorganization, pursuant to the terms and conditions set forth in that certain Voting and Support Agreement among the Principal Stockholders, the Partnership and GP dated as of the date hereof, and (ii) GP Holdings, GP, the Partnership, and Merger Sub to enter into the Merger Agreement, and, in each case, as an inducement and in consideration therefor, the Parties have agreed to enter into this Agreement; US 5725358v.14 WHEREAS, the Board of Managers of GP Holdings, in its capacity as the sole member of GP and immediately following the Conversion, as the sole stockholder of the Company, has determined it to be in the best interests of the Company from and after the Reorganization to provide the Principal Stockholders with certain designation rights in respect of the board of directors of the Company following the Reorganization (the “Board” and each member thereof a “Director”), pursuant to the terms of this Agreement; and WHEREAS, each of the Principal Stockholders believes it to be in its best interest to provide the Company with certain standstill rights, pursuant to the terms of this Agreement. each of the Parties hereto, the Parties hereby agree as follows: NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by Section 1. Board Designation Rights. AGREEMENT (a) Subject to the other provisions of this Section 1, commencing as of the Effective Time and ending on the ACII Second Designated Director Termination Date (as defined below), the ACII Entities shall have the option and right (but not the obligation) to designate up to two (2) nominees to be nominated by the Company at each annual (or special) meeting of stockholders of the Company to serve as Directors on the Board (each, an “ACII Designated Director”) in accordance with this Section 1. Subject to the other provisions of this Section 1, commencing as of the Effective Time and ending on the Axar Designated Director Termination Date (as defined below), the Axar Entities shall have the option and right (but not the obligation) to designate one (1) nominee to be nominated by the Company at each annual (or special) meeting of stockholders of the Company to serve as a Director on the Board (a “Axar Designated Director” and, together with the ACII Designated Directors, the “Designated Directors” and each a “Designated Director”) in accordance with this Section 1. Each Designated Director shall in the reasonable determination of the Board or Nominating and Governance Committee of the Board (the “Nominating and Governance Committee”) (i) be suitable to serve on the Board in accordance with the customary standards of suitability for directors of NYSE listed companies, (ii) not be prohibited from serving as a Director pursuant to any rule or regulation of the U.S. Securities and Exchange Commission or any National Securities Exchange on which the Common Stock is listed or admitted to trading, and (iii) not be an employee, manager or director of any Competitor (as defined below). As a condition precedent to service on the Board, each Designated Director shall deliver to the Board his or her written resignation from the Board (in the form attached hereto as Annex A) that the Board or the Nominating and Governance Committee may, in the Board’s or such committee’s sole discretion, accept and make effective solely and to the extent provided in accordance with subsection (c) below. For purposes of this Agreement, the term “Competitor” shall mean any person or entity that is an operating company (it being agreed that “Competitor” shall not include any company the primary business purpose of which is to provide financing directly or indirectly to unaffiliated entities) which engages in the death care business. 2 The GP and Company (as applicable) and the Board shall take all actions necessary or advisable to effect the provisions of Section 1(a) (subject to Section 1(c)), including, effective as of the Conversion Effective Time, validly appointing the two Directors designated by ACII in writing to the Board and the Director designated by Axar in writing to the Board, in each case, no later than ninety (90) days after the date hereof (the “Initial Directors”). Of the Initial Directors, the ACII Designated Directors shall serve initial terms that expire no earlier than the annual meeting of the stockholders of the Company (the “Stockholders”) to be held in 2020 and 2021, respectively (with ACII notifying the Board which ACII Designated Director’s term shall expire in 2020 and which shall expire in 2021), and the Axar Designated Director shall serve an initial term that expires no earlier than the annual meeting of the Stockholders to be held in 2021. (b) (i) Each of the ACII Entities, on the one hand, and the Axar Entities, on the other hand, agree (A) upon GP’s or the Company’s (as applicable) request to, and to cause each Designated Director designated by them to, timely provide GP or the Company (as applicable) with accurate and complete information relating to such Designated Director as may be required to be disclosed by the Company under the Exchange Act and (B) to cause each Designated Director designated by it or them, as applicable, to comply with the Section 16 filing obligations under the Exchange Act. At each applicable election of Directors, the Board shall nominate each Designated Director, which designee must meet the standards set forth in subsection (a) above, as part of the slate of Directors nominated by the Board for election by the Stockholders and shall recommend that the Stockholders vote for the each of the Designated Directors. Additionally, in the event of the resignation, death, or removal (for cause or otherwise) of any Designated Director, the Party who designated such Director under this Agreement shall have the right for the ensuing sixty (60) days, subject to the other provisions of this Section 1, to designate in writing furnished to the Nominating and Governance Committee the person to be appointed by the Board as the Designated Director to fill the resulting vacancy (subject to such designee meeting the standards set forth in subsection (a) above). Any action by the ACII Entities or the Axar Entities to designate a Designated Director shall be evidenced in writing furnished to the Nominating and Governance Committee not later than January 31 of the year in which the annual meeting of the Stockholders for the election of such Designated Director is to be held (or in the case of a special meeting within a reasonable time in advance of such meeting in order to allow the Board and the Nominating and Governance Committee to determine compliance with the qualifications required in Section 1 and otherwise to comply with its proxy solicitation and disclosure obligations in connection with such meeting) and shall be executed by the ACII Entities or the Axar Entities, as applicable. (ii) In the event that the ACII Entities or the Axar Entities fail to designate a Designated Director meeting the qualifications specified in Section 1 in accordance with the time periods set forth in this Section 1(b) (including upon the resignation, death or removal of a Designated Director), the Board, upon recommendation from the Nominating and Governance Committee, shall have the right to retain the resulting vacancies on the Board, reduce the size of the Board to the extent (iii) 3 of the resulting vacancies or designate an individual or individuals recommended by the Nominating and Governance Committee to fill such vacancies, in each case until the next meeting of the Stockholders for the election of Directors of that class, at which time the ACII Entities or the Axar Entities, as applicable, will again be entitled to designate Designated Directors to the extent permitted in this Section 1. (c) From and after the Effective Time and so long as the ACII Entities and their respective Affiliates (the “ACII Group”), collectively, continue to beneficially own at least 50% of the Common Stock that the ACII Group owned immediately following the Effective Time (the “ACII Initial Share Ownership”), the ACII Entities shall be entitled to designate up to two (2) ACII Designated Directors pursuant to this Section 1; provided, however, that, as of the first date that the ACII Group, collectively, beneficially owns at least 33% of the ACII Initial Share Ownership (but less than 50% of the ACII Initial Share Ownership), the ACII Entities shall only be entitled to designate one (1) ACII Designated Director. If the ACII Group’s beneficial ownership is less than 50% of the ACII Initial Share Ownership (and at least 33% of the ACII Initial Share Ownership)(the “ACII First Designated Director Termination Date”), the ACII Entities shall specify (by written notice to the Company not later than January 31 of the year in which the next annual meeting of the Stockholders for the election of any ACII Designated Director is to be held or, in the case of a special meeting, within a reasonable time in advance of such meeting) which ACII Designated Director position will not be nominated by the ACII Entities at the applicable annual (or special) meeting. From and after the Effective Time and so long as the Axar Entities and their respective Affiliates (the “Axar Group”), collectively, continue to beneficially own at least 33% of the Common Stock that the Axar Group owned immediately following the Effective Time (the “Axar Initial Share Ownership”), the Axar Entities shall be entitled to designate up to one (1) Axar Designated Director pursuant to this Section 1. Notwithstanding the foregoing, (x) the rights of the ACII Entities to designate any ACII Designated Directors pursuant to this Section 1 shall immediately cease and terminate on the first date on which the ACII Group, collectively, no longer beneficially owns at least 33% of the ACII Initial Share Ownership (the “ACII Second Designated Director Termination Date”) and (y) the rights of the Axar Entities to designate any Axar Designated Directors pursuant to this Section 1 shall immediately terminate on the first date on which the Axar Group, collectively, no longer beneficially owns at least 33% of the Axar Initial Share Ownership (the “Axar Designated Director Termination Date”). At any time on or after the ACII First Designated Director Termination Date, the ACII Second Designated Director Termination Date or the Axar Designated Director Termination Date, the Board shall be entitled to accept and make effective the resignations of any Designated Directors in excess of the number of Designated Directors that the ACII Entities or the Axar Entities, as applicable, are entitled to designate pursuant to this Section 1(c); provided, however, that after the ACII First Designated Director Termination Date, the ACII Entities shall be entitled to specify which of its Designated Directors’ resignations shall be so accepted and made effective if the number of required resignations hereunder is less than the number of then serving Designated Directors designated by the ACII Entities pursuant to the second sentence of this Section 1(c). In addition to the obligation in Section 1(a) of each Designated Director to deliver the written resignation described therein, after the ACII First Designated Director Termination Date, the ACII Second Designated Director Termination Date or the Axar Designated Director Termination Date, as applicable, each of the ACII Group, on the one hand, or the Axar Group, on the other hand, agree, promptly upon (and in any event within two (2) Business Days following) receipt of a 4 written request from the Company, to cause the Designated Directors then serving as members of the Board in excess of the number of Designated Directors that it or they are entitled to designate pursuant to this Section 1(c), as applicable, to resign from the Board effective immediately. The phrase “beneficial ownership” and words of similar import when used in this Agreement shall have the meaning (or the correlative meaning, as applicable) set forth in Rule 13d-3 and Rule 13d-5(b)(1) under the Securities Exchange Act of 1934, as amended, and the regulations promulgated thereunder. At all times while a Designated Director is serving as a member of the Board, and following any such Designated Director’s death, resignation, removal or other cessation as a Director in such former Designated Director’s capacity as a former Director, such Designated Director shall be entitled to all rights to indemnification and exculpation, in each case, as are then made available to any other member of the Board. While serving as a Designated Director, such Designated Director shall be entitled to compensation commensurate with that of similarly situated (i.e., independent, employee or non-employee affiliate) members of the Board and reimbursement for reasonable expenses consistent with the Company’s policies applicable to other similarly situated Directors. (d) (e) The option and right to appoint Designated Directors to be granted to each of the ACII Entities and the Axar Entities by the Company following the Reorganization under this Section 1 may not be transferred or assigned, in whole or in part, by the ACII Entities or the Axar Entities directly or indirectly (including by way of direct or indirect transfers of equity interests in such Persons) without the prior written consent of GP or the Company, as applicable, and the execution by such transferee of a joinder agreement in the form of Annex B hereto (a “Joinder”) (provided that such rights may be transferred or assigned to an Affiliate of the ACII Entities or the Axar Entities without the consent of GP or the Company, as applicable, in the case of direct or indirect transfers of equity interests in such Person among or to an Affiliate so long as (i) such transferee executes a Joinder and (ii) such transfers collectively would not result in equity interests in such Person representing a majority of the economic or voting interests in such Person being owned or controlled by a Person or Persons that do not own or control a majority of the economic or voting interests in such Person immediately prior to such transfer). (f) The Board shall not designate an executive committee or any other committee which has been delegated authority substantially similar to the authority of the Board unless each then serving Designated Director is also appointed as a member of such committee. Section 2. Voting Obligations. Each of the Parties (other than the Company) agrees that, provided that the Company is not in breach of its obligations under this Agreement (including Section 1 hereof), during the Standstill Period (as defined below), at any meeting of the Stockholders, however called, or at any adjournment or postponement thereof, or in connection with any written consent of the Stockholders or in any other circumstances upon which a vote, consent or other approval of all or some of the Stockholders is sought solely with respect to the matters described in this Section 2, such Party shall vote (or cause to be voted) or execute (or cause to be executed) consents with respect to, as applicable, all of the Company securities owned (beneficially or of record) by such Party (or its Affiliates) as of the applicable record date in favor of (FOR) the (a) 5 election of the persons named in the Company’s proxy statement as the Board’s nominees for election as Directors, and against any other nominees. With respect to any vote of the Stockholders held during the Standstill Period with respect to the matters set forth in Section 2(a), each of the Parties (other than the Company) shall, and shall cause its Affiliates which hold securities of the Company on any applicable record date to, appear at such meeting (in person or by proxy) or otherwise cause all of the securities of the Company held by such Party (or such Affiliates) to be counted as present thereat for purposes of establishing a quorum. Any vote required to be cast or consent required to be executed pursuant to this Section 2 shall be cast or executed in accordance with the applicable procedures relating thereto so as to ensure that it is duly counted for purposes of recording the results of that vote or consent. (b) Section 3. Standstill. breach of its obligations under this Agreement (including Section 1 hereof), each of the Principal Stockholders shall not, and shall cause its controlled Affiliates not to, directly or indirectly: (a) During the period commencing at the Effective Time and ending on the Standstill Termination Date (as defined below) (the “Standstill Period”), provided that the Company is not in recommended by the Board); (i) engage in any hostile or takeover activities with respect to the Company (including by means of a tender offer or soliciting proxies or written consents, other than as (ii) acquire or propose to acquire additional Common Stock or other securities of the Company or any securities of its subsidiaries; provided, however, that the foregoing shall not prohibit the acquisition or proposal to acquire additional Common Stock or other Company securities that in the aggregate, together with such Party’s and its Affiliates’ beneficial ownership of any other Common Stock or other securities of the Company, does not cause such Party’s and its Affiliates’ aggregate beneficial ownership to exceed nineteen and ninety-nine hundredths percent (19.99%) of either the outstanding Common Stock or the voting power of the outstanding securities of the Company; provided, further, that the foregoing shall not prohibit and the Principal Stockholders shall have the right to participate pro rata, based on their respective beneficial ownership percentage of the outstanding Common Stock, in any equity capital raise by the Company or any of its subsidiaries; (iii) (iv) call a special meeting of the Stockholders; or seek additional representation on the Board or propose to nominate or remove, or vote to remove, any Directors of the Company (other than such Party’s Designated Directors, as applicable, in accordance with Section 1). of the Company, each of the Principal Stockholders shall not, and shall cause its controlled Affiliates not to, directly or indirectly: (b) Specifically, but without limiting Section 3(a), during the period commencing at the Effective Time and ending on the Standstill Termination Date, without the prior written consent 6 transaction involving the Company or any of its Affiliates or their properties, except as expressly permitted hereby; (i) propose to enter into, directly or indirectly, any merger, consolidation, recapitalization, business combination, partnership, joint venture, acquisition or similar make or in any way participate in any “solicitation” of “proxies” (as such terms are used in Rule 14a-1 of Regulation 14A under the Exchange Act) or written consents to vote, seek to influence, or advise others with respect to the voting of any voting securities of the Company or any of its Affiliates (other than in a Designated Director’s capacity as a member of the Board); (ii) Affiliates (other than any group that may have been formed among the Principal Stockholders as a result of this Agreement); (iii) form, join or participate in a “group” (within the meaning of Section 13(d) of the Exchange Act) with respect to any voting securities of the Company or any of its (iv) act to seek to control or influence the management, Board or policies of the Company, except through such Party’s applicable Designated Directors or as permitted by Section 3(c); pursuant to Section 1); (v) propose to remove, or vote to remove, any Directors of the Company (other than pursuant to the exercise of such Party’s right to nominate Designated Directors (vi) (vii) publicly disclose any intent, plan or arrangement inconsistent with this Agreement; or advise, assist, publicly propose or encourage others in connection with the above. (c) Notwithstanding the foregoing provisions of this Section 3, the foregoing provisions shall not, and are not intended to: advisory services consistent with past practices; (i) prohibit the ACII Entities or their respective Affiliates from providing the Company or its Affiliates assistance with operational and managerial matters or financial (ii) (iii) 2; prohibit any Principal Stockholder or its controlled Affiliates from privately communicating with, including making any offer or proposal to, the Board; restrict in any manner how any Principal Stockholder or its controlled Affiliates vote their Common Stock or other Company securities, except as provided in Section discussions of the Board (including making suggestions or raising issues to the Board) in his or her capacity as a member of the Board, or (C) take actions required by his or her (iv) restrict the manner in which any Designated Director may (A) vote on any matter submitted to the Board or the Stockholders, (B) participate in deliberations or 7 exercise of legal duties and obligations as a member of the Board or refrain from taking any action prohibited by his or her legal duties and obligations as a member of the Board; (v) restrict any Principal Stockholder or any of its Affiliates from selling or transferring any of their Company securities; or (vi) limit, restrict or impair the Principal Stockholders or any of their respective Affiliates’ ability, in connection with an action conducted with the approval of the Board (provided that no such Board approval shall be required with respect to clauses (D) or (E) below), to directly or indirectly (A) propose, commit on, participate in and/or make a loan or other debt financing to the Company or any of its subsidiaries, (B) propose, commit on, participate in and/or provide debt financing to a prospective buyer regarding the Company or any of its subsidiaries or assets in a negotiated transaction with the Company, finance a third party’s effort to make a loan or other debt financing to the Company or any of its subsidiaries in a negotiated transaction with the Company or any of its subsidiaries, (C) participate in any process conducted pursuant to which the Company or any of its subsidiaries proposes to issue any additional equity interests, arrange for any debt financing or in which any of the businesses or assets of the Company or any of its subsidiaries are proposed to be sold or otherwise disposed of, in each case in accordance with the parameters of such process, (D) submit a proposal to the Board relating to the acquisition of all or substantially all of the assets or equity of the Company and its subsidiaries if the Company has entered into a definitive agreement with respect to the sale of all or substantially all of the assets or equity of the Company and its subsidiaries or (E) purchase debt of the Company or its subsidiaries in secondary market transactions. The term “debt” as used in this paragraph shall include institutional debt (bank or otherwise), commercial paper, notes, debentures, bonds, other evidences of indebtedness, and debt securities, but shall not include any debt convertible or exchangeable for equity. “Standstill Termination Date” means, with respect to the ACII Entities or the Axar Entities, as applicable, the earlier of (i) the third anniversary of the Effective Time, (ii) the date that the Company or any of its Affiliates or agents materially breaches this Agreement (following notice of such breach to the Company by any ACII Entity or any Axar Entity and the opportunity for the Company to cure or cause to be cured such breach for 15 days from such notice) or takes any action challenging the validity or enforceability of this Agreement, (iii) the date that the ACII Entities or the Axar Entities, as applicable, no longer has the right to nominate any Directors or no longer has any of its Designated Directors on the Board, and (iv) thirty (30) days following the delivery by all of the Designated Directors of the ACII Entities or the Designated Director of the Axar Entities, respectively, of a notice of immediate effective resignation from the Board. (d) Section 4. Sharing of Information. Designated Directors may share confidential, non-public information (“Confidential (a) From and after the Reorganization, to the extent permitted by antitrust, competition or any other applicable law, each Principal Stockholder agrees and acknowledges that the 8 Information”) about the Company and its subsidiaries with the Principal Stockholders, respectively. (b) Each Principal Stockholder recognizes that it, or its Affiliates and Representatives, has acquired or will acquire Confidential Information the use or disclosure of which could cause the Company substantial loss and damages that could not be readily calculated and for which no remedy at law would be adequate. Accordingly, each Principal Stockholder covenants and agrees with the Company that it will not (and will cause its respective Affiliates and Representatives not to) at any time, except with the prior written consent of the Company, directly or indirectly, disclose any Confidential Information known to it, unless (i) such information becomes known to the public through no fault of such Principal Stockholder, (ii) disclosure is required by applicable law or court of competent jurisdiction or requested by a governmental agency, provided that such Principal Stockholder promptly notifies the Company of such disclosure and takes reasonable steps to minimize the extent of any such required disclosure, (iii) such information was available or becomes available to such Principal Stockholder before, on or after the date hereof, without restriction, from a source (other than the Company) without any breach of duty to the Company or (iv) such information was independently developed by the Principal Stockholder or its Representatives without the use of the Confidential Information. Notwithstanding anything herein to the contrary, nothing in this Agreement shall prohibit any Principal Stockholder from disclosing Confidential Information (A) to their Affiliates and their respective Affiliates’ directors, officers, employees, agents, attorneys, accountants, financial advisors and other representatives (collectively “Representatives”) and (B) to its or its Affiliates’ investors or potential investors in a manner that is consistent with ordinary course communications with its investors or potential investors prior to the date hereof, in each of (A) and (B) which such Principal Stockholder, as applicable, informs of the confidential nature of such information and who agree to keep such information confidential and to use such information only in accordance with the terms of this Agreement, and (C) Confidential Information may be disclosed to the extent advised by legal counsel that such disclosure is required by Law, rule, or regulation of any Governmental Authority or National Securities Exchange that has, or may have, jurisdiction over any Party or its Affiliates or the Partnership, as the case may be. Each Party shall be responsible for any breach of the terms of this Section 4 by any of its Representatives. Each of the ACII Entities and the Axar Entities acknowledges that it is aware, and will advise all those to whom Confidential Material is disclosed, that United States securities laws prohibit any Person who has material, non-public information concerning a publicly traded company from purchasing or selling securities of such company or from communicating such information to any other Person under circumstances in which it is reasonably foreseeable that such Person is likely to purchase or sell such securities (c) Section 5. Miscellaneous. Entire Agreement. This Agreement (including the documents and instruments referred to herein) is intended by the Parties as a final expression of their agreement and intended to be a complete and exclusive statement of the agreement and understanding of the Parties hereto with respect to the subject matter contained herein. There are no restrictions, promises, warranties or undertakings other than those set forth or referred to herein with respect (a) 9 to the rights granted by any Party or any of its Affiliates set forth herein. This Agreement supersedes all prior agreements and understandings between the Parties with respect to the subject matter hereof. Notices. All notices and other communications hereunder must be in writing and will be deemed duly given if delivered personally or through electronic transmission or mailed by a nationally recognized overnight courier or registered or certified mail (return receipt requested), postage prepaid, to the Parties at the following addresses (or at such other address for a Party as specified by like notice, provided, that notices of a change of address will be effective only upon receipt thereof): (b) If to the Company, to: StoneMor GP LLC 3600 Horizon Boulevard Trevose, Pennsylvania 19053 Attention: General Counsel Email: Aso@StoneMor.com With a copy to (which does not constitute notice): Vinson & Elkins L.L.P. 1001 Fannin Street, Suite 2500 Houston, TX 77002 Attention: David P. Oelman Email: doelman@velaw.com If to either ACII Entity, to: American Cemeteries Infrastructure Investors LLC 950 Tower Lane, Suite 800 Foster City, CA 94404 Attention: Robert B. Hellman, Jr. Email: bhellman@aimlp.com With a copy to (which does not constitute notice): Vinson & Elkins L.L.P. 1001 Fannin Street, Suite 2500 Houston, TX 77002 Attention: David P. Oelman Email: doelman@velaw.com 10 If to any Axar Entity, to: Axar Capital Management, LP 1330 Avenue of the Americas, 30th Floor New York, NY 10019 Attention: Andrew Axelrod Email: aaxelrod@axarcapital.com With a copy to (which does not constitute notice): Schulte Roth & Zabel LLP 919 Third Avenue New York NY 10022 Attention: Stuart Freedman, Esq. Email: Stuart.Freedman@srz.com Notices will be deemed to have been received (i) on the date of receipt if delivered by hand or nationally recognized overnight courier service, (ii) in the case of electronic transmission, on the date receipt of such electronic transmission is confirmed in writing or by electronic transmission or (iii) on the date five (5) Business Days after dispatch by certified or registered mail. (c) Interpretation. Section references in this Agreement are references to the corresponding Section to this Agreement, unless otherwise specified. All references to instruments, documents, contracts and agreements are references to such instruments, documents, contracts and agreements as the same may be amended, supplemented and otherwise modified from time to time, unless otherwise specified. The word “including” shall mean “including but not limited to” and shall not be construed to limit any general statement that it follows to the specific or similar items or matters immediately following it. If any provision in this Agreement is held to be illegal, invalid, not binding or unenforceable, (i) such provision shall be fully severable and this Agreement shall be construed and enforced as if such illegal, invalid, not binding or unenforceable provision had never comprised a part of this Agreement, and the remaining provisions shall remain in full force and effect and (ii) the Parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties as closely as possible in an acceptable manner in order that the transactions contemplated hereby are consummated as originally contemplated to the greatest extent possible. When calculating the period of time before which, within which or following which any act is to be done or step taken pursuant to this Agreement, the date that is the reference date in calculating such period shall be excluded, and if the last day of such period is a non-Business Day, the period in question shall end on the next succeeding Business Day. Any words imparting the singular number only shall include the plural and vice versa. The words such as “herein,” “hereinafter,” “hereof” and “hereunder” refer to this Agreement as a whole and not merely to a subdivision in which such words appear unless the context otherwise requires. The division of this Agreement into Sections and other subdivisions and the insertion of headings are for convenience of reference only and shall not affect or be utilized in construing or interpreting this Agreement. (d) Governing Law; Submission to Jurisdiction; Waiver of Jury Trial. 11 This Agreement, and all claims or causes of action (whether in contract or tort) that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement (including any claim or cause of action based upon, arising out of or related to any representation or warranty made in or in connection with this Agreement or as an inducement to enter into this Agreement), shall be governed by the Laws of the State of Delaware, without giving effect to any conflicts of law principles that would result in the application of any Law other than the Law of the State of Delaware. (i) (ii) The Parties hereto submit to the exclusive jurisdiction of the Court of Chancery of the State of Delaware or, if such Court does not have subject matter jurisdiction, to the Superior Court of the State of Delaware or, if jurisdiction is vested exclusively in the Federal courts of the United States, the Federal courts of the United States sitting in the State of Delaware, and any appellate court from any such state or Federal court, and hereby irrevocably and unconditionally agree that all claims with respect to any such claim shall be heard and determined in such Delaware court or, to the extent required by applicable Law, in such Federal court. The Parties agree that a final judgment in any such claim is conclusive and may be enforced in any other jurisdiction by suit on the judgment or in any other manner provided by law. Each of the Parties irrevocably and unconditionally waives, to the fullest extent it may legally and effectively do so, any objection which it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to this Agreement or any related matter in any Delaware state or Federal court located in the State of Delaware and the defense of an inconvenient forum to the maintenance of such claim in any such court. (iii) The Parties agree that irreparable damage would occur and that the Parties would not have any adequate remedy at law in the event that any of the provisions of this Agreement were not performed in accordance with their specific terms or were otherwise breached and it is accordingly agreed that the Parties shall be entitled to an injunction or injunctions to prevent breaches of this Agreement and to enforce specifically the terms and provisions of this Agreement, in each case, in accordance with this Section 5) in the Delaware Court of Chancery or any state or federal court sitting in the State of Delaware, this being in addition to any other remedy to which they are entitled at law or in equity. Each of the Parties agrees that it will not oppose the granting of an injunction, specific performance and other equitable relief as provided herein on the basis that (a) a Party has an adequate remedy at law or (b) an award of specific performance is not an appropriate remedy for any reason at law or equity. Each Party further agrees that no Party shall be required to obtain, furnish or post any bond or similar instrument in connection with or as a condition to obtaining any remedy referred to in this Section 5, and each Party irrevocably waives any right it may have to require the obtaining, furnishing or posting of any such bond or similar instrument. To the extent not prohibited by applicable Law that cannot be waived, EACH PARTY HEREBY IRREVOCABLY WAIVES AND COVENANTS THAT IT WILL NOT ASSERT (WHETHER AS PLAINTIFF, DEFENDANT OR OTHERWISE) ANY RIGHT TO TRIAL BY JURY IN ANY FORUM IN RESPECT OF ANY ISSUE, CLAIM, DEMAND, ACTION OR CAUSE OF ACTION ARISING IN (iv) 12 WHOLE OR IN PART UNDER, RELATED TO, BASED ON, OR IN CONNECTION WITH, THIS AGREEMENT OR THE SUBJECT MATTER HEREOF, WHETHER NOW EXISTING OR HEREAFTER ARISING AND WHETHER SOUNDING IN TORT OR CONTRACT OR OTHERWISE. Any Party may file an original counterpart or a copy of this Section 5 with any court as written evidence of the consent of each such Party to the waiver of its right to trial by jury. (e) No Waiver; Modifications in Writing. Delay. No failure or delay on the part of any Party in exercising any right, power or remedy hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, power or remedy preclude any other or further exercise thereof or the exercise of any other right, power or remedy. The remedies provided for herein are cumulative and are not exclusive of any remedies that may be available to a Party at law or in equity or otherwise. (i) (ii) Specific Waiver. Except as otherwise provided herein, no amendment, waiver, consent, modification or termination of any provision of this Agreement shall be effective unless signed by each of the Parties hereto; provided, however, that this Agreement shall be deemed to be amended without the consent of the Parties hereto by the execution and delivery of a Joinder hereto solely for the purpose of adding an Affiliate as a Party to this Agreement. Any amendment, supplement or modification of or to any provision of this Agreement, any waiver of any provision of this Agreement and any consent to any departure by a Party from the terms of any provision of this Agreement shall be effective only in the specific instance and for the specific purpose for which made or given. Except where notice is specifically required by this Agreement, no notice to or demand on a Party in any case shall entitle such Party to any other or further notice or demand in similar or other circumstances. Any investigation by or on behalf of any Party shall not be deemed to constitute a waiver by the Party taking such action of compliance with any representation, warranty, covenant or agreement contained herein. when so executed and delivered, shall be deemed to be an original and all of which counterparts, taken together, shall constitute one and the same agreement. (f) Execution in Counterparts. This Agreement may be executed in any number of counterparts and by different Parties hereto in separate counterparts, each of which counterparts, Binding Effect; Assignment; Termination. This Agreement will be binding upon and inure to the benefit of the Parties hereto and their respective successors and permitted assigns, but, except as provided by Section 1(e) hereof will not be assignable or delegable by any Party hereto without the prior written consent of each of the other Parties. This Agreement shall terminate with respect to a Principal Stockholder (and the Company’s rights with respect to and obligations to such Principal Stockholder) on the later of: (i) with respect to the ACII Entities, the ACII Second Designated Director Termination Date or, with respect to the Axar Entities, the Axar Designated Director Termination Date, as applicable, and (ii) the Standstill Termination Date with respect to such Principal Stockholder, except that in any such case the provisions of Section 4 and this Section 5 shall survive any termination of this Agreement and except that no (g) 13 party to this Agreement shall be relieved or released from liability for damages arising out of a breach of this Agreement before such termination. agency, partnership, joint venture or any like relationship among the Parties hereto. (h) No Partnership, Agency or Joint Venture. This Agreement is intended to create, and does not create, a contractual relationship and is not intended to create, and does not create, any Independent Counsel. Each of the Parties acknowledges that it has been represented by independent counsel of its choice throughout all negotiations that have preceded the execution of this Agreement and that it has executed the same with consent and upon the advice of said independent counsel. Each Party and its counsel cooperated in the drafting and preparation of this Agreement and the documents referred to herein, and any and all drafts relating thereto will be deemed the work product of the Parties and may not be construed against any Party by reason of its preparation. Accordingly, any rule of law or any legal decision that would require interpretation of any ambiguities in this Agreement against the Party that drafted it is of no application and is hereby expressly waived. (i) this Agreement and compliance herewith, whether or not the Reorganization and the other transactions contemplated by the Merger Agreement are effected. (j) Expenses. Each Party shall bear its expenses, costs and fees (including attorneys’, auditors’ and financing fees, if any) in connection with the preparation, execution and delivery of Party hereto shall reasonably request in order to fulfill its obligations under this Agreement to effectuate the purposes of this Agreement. (k) Further Assurances. Each of the Parties hereto shall, from time to time and without further consideration, execute such further instruments and take such other actions as any other [Signature Pages Follow] 14 IN WITNESS WHEREOF, the Parties hereto execute this Nomination and Director Voting Agreement, effective as of the date first above written. STONEMOR GP LLC By: Name: Title: /s/ Joseph M. Redling Joseph M. Redling President and Chief Executive Officer STONEMOR GP HOLDINGS, LLC By: Name: Title: /s/ Robert B. Hellman, Jr. Robert B. Hellman, Jr. Authorized Person AXAR CAPITAL MANAGEMENT, LP By: Axar GP, LLC, its general partner By: Axelrod Name: Title: Andrew Axelrod AXAR GP LLC By: Axelrod Name: Title: Andrew Axelrod AXAR MASTER FUND, LTD. By: Axelrod Name: Title: Andrew Axelrod Signature Page to Nomination and Director Voting Agreement /s/ Andrew M. Sole Member /s/ Andrew M. Sole Member /s/ Andrew M. Authorized Signatory ROBERT B. HELLMAN, JR., AS TRUSTEE UNDER THE VOTING AND INVESTMENT TRUST AGREEMENT FOR THE BENEFIT OF AMERICAN CEMETERIES INFRASTRUCTURE INVESTORS, LLC By: Jr. Name: Title: Robert B. Hellman, Jr. Trustee /s/ Robert B. Hellman, Signature Page to Nomination and Director Voting Agreement ANNEX A Form of Designated Director Resignation Irrevocable Resignation ____________, 20__ Attention: Board of Directors (the “Board”) of StoneMor Inc. (the “Company”) In accordance with and subject to the terms and conditions of Section 1 of that certain Nomination and Director Voting Agreement dated as of September 27, 2018 by and among the Company (formerly known as StoneMor GP LLC), Axar Capital Management, LP, a Delaware limited partnership, Axar GP LLC, a Delaware limited liability company, Axar Master Fund, Ltd., a Cayman Islands exempted limited partnership, StoneMor GP Holdings, LLC, a Delaware limited liability company and Robert B. Hellman, Jr., as trustee under the Voting and Investment Trust Agreement for the benefit of American Cemeteries Infrastructure Investors LLC, (as amended or restated from time to time, the “Agreement”), I hereby tender my resignation as a director of the Company. This resignation shall be effective upon acceptance by the Company in accordance with Section 1(c) of the Agreement. relating to the Company’s operations, policies or practices. This resignation shall be irrevocable and may not be withdrawn by me at any time. My decision to resign does not involve any disagreement with the Board, the Company or its management on any matter Very truly yours, Accepted on ____________ ____, 20__. _________________________________ US 5725358v.14 ANNEX B Form of Joinder Agreement JOINDER AGREEMENT This Joinder Agreement is made this ___ day of ______________, 20___, by and between ______________________ (the “Permitted Transferee”) and [StoneMor Inc., a Delaware corporation][StoneMor GP LLC, a Delaware limited liability company] (the “Company”), pursuant to the terms of the Nomination and Director Voting Agreement dated as of ____________ by and among the Company and the other parties thereto (the “Agreement”) and the Merger Agreement. Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in the Agreement. WITNESSETH: WHEREAS, the Parties have agreed in the Agreement that all Persons to whom securities are transferred by the Axar Entities or the ACII Entities in accordance with the Agreement must enter into a Joinder Agreement binding such Person as a Party to the same extent as if such Person was an original party thereto (if such Permitted Transferee is a transferee of the Axar Entities, as though such Person were originally included in the definition of “Axar Entities” and if such Permitted Transferee is a transferee of the ACII Entities, as though such Person were originally included in the definition of “ACII Entities”) and imposing the same restrictions and obligations on such Person as are imposed upon such Party under the Agreement. NOW, THEREFORE, in consideration of the mutual promises of the parties and as a condition of the purchase or receipt by the Permitted Transferee of any securities by any Party, the Permitted Transferee acknowledges and hereby joins in, and agrees to be bound by, the Agreement as a Party and shall have all of the restrictions and obligations under the terms and conditions of the Agreement to the same extent as if the Permitted Transferee were an original Party to the Agreement. This Joinder Agreement shall be attached to and become a part of the Agreement. The provisions of Section 4 of the Agreement shall apply mutatis mutandis to this Agreement. IN WITNESS WHEREOF, the undersigned hereto execute this Joinder Agreement effective as of the date first above written. COMPANY [STONEMOR INC.][STONEMOR GP LLC] By: Name: Title: PERMITTED TRANSFEREE: [_____________________] By: Name: Title: US 5725358v.14 (Back To Top) Section 7: EX-10.11 (EX-10.11 FIRST AMENDMENT TO NOMINATION AND DIRECTOR VOTING AGREEMENT DATED AS OF FEBRUARY 4, 2019) Exhibit 10.11 EXECUTION VERSION THIS FIRST AMENDMENT TO NOMINATION AND DIRECTOR VOTING AGREEMENT (this “Amendment”) is entered into on February 4, 2019 (the “Execution Date”), by and among StoneMor GP LLC, a Delaware limited liability company and the general partner of the Partnership (“GP”), Axar Capital Management, LP, a Delaware limited partnership (“Axar”), Axar GP LLC, a Delaware limited liability company (“Axar GP”), Axar Master Fund, Ltd., a Cayman Islands exempted limited partnership (together with Axar and Axar GP, the “Axar Entities”), StoneMor GP Holdings, LLC, a Delaware limited liability company (“GP Holdings”), and Robert B. Hellman, Jr., as trustee under the Voting and Investment Trust Agreement for the benefit of American Cemeteries Infrastructure Investors LLC (“ACII,” and, together with GP Holdings, the “ACII Entities” and, collectively with the Axar Entities, the “Principal Stockholders”). The Principal Stockholders and GP are referred to herein as the “Parties” and each as a “Party.” FIRST AMENDMENT TO NOMINATION AND DIRECTOR VOTING AGREEMENT 1. 2. 3. agree as follows: The Parties entered into that certain Nomination and Director Voting Agreement on September 27, 2018 (the “Agreement”). Pursuant to Section 5(e)(ii) of the Agreement, the Agreement may be amended in writing by the Parties. The Parties desire to make certain amendments to the Agreement as set forth herein. RECITALS NOW, THEREFORE, in consideration of the mutual promises hereinafter set forth and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby ARTICLE I AMENDMENTS 1.1 Standstill. Section 3(a)(ii) of the Agreement is hereby amended and restated in its entirety as follows: “acquire or propose to acquire additional Common Stock or other securities of the Company or any securities of its subsidiaries; provided, however, that the foregoing shall not prohibit the acquisition or proposal to acquire additional Common Stock or other Company securities that in the aggregate, together with such Party’s and its Affiliates’ beneficial ownership of any other Common Stock or other securities of the Company, does not cause such Party’s and its Affiliates’ aggregate beneficial ownership to exceed nineteen and ninety-nine hundredths percent (19.99%) with respect to the ACII Entities, or twenty-seven and forty-nine hundredths percent (27.49%) with respect to the Axar Entities of either the outstanding Common Stock or the voting power of the outstanding securities of the Company; provided, further, that the foregoing shall not prohibit and the Principal Stockholders shall have the right to participate pro rata, based on their respective beneficial ownership percentage of the outstanding Common Stock, in any equity capital raise by the Company or any of its subsidiaries;” ARTICLE II MISCELLANEOUS PROVISIONS Agreement. 2.1 2.2 2.3 the same instrument. Certain Defined Terms. Capitalized terms used in this Amendment that are not defined in the text of the body of this Amendment shall have the meanings given such terms in the No Other Amendments. All provisions of the Agreement, unless amended by this Amendment, shall remain unchanged. Counterparts. This Amendment may be executed simultaneously in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute one and 2.4 Miscellaneous. Section 5 of the Agreement shall apply to this Amendment mutatis mutandis. 2 [SIGNATURE PAGE FOLLOWS] IN WITNESS WHEREOF, the Parties have caused this Amendment to be duly executed as of the day and year first above written. STONEMOR GP LLC By: Redling Name: Joseph M. Redling Title: President and Chief Executive Officer /s/ Joseph M. STONEMOR GP HOLDINGS, LLC By: Jr. Name: Robert B. Hellman, Jr. Title: /s/ Robert B. Hellman, Authorized Person AXAR CAPITAL MANAGEMENT, LP By: Axar GP, LLC, its general partner By: Axelrod Name: Title: Andrew Axelrod AXAR GP LLC By: Axelrod Name: Title: Andrew Axelrod AXAR MASTER FUND, LTD. By: Axelrod Name: Title: Andrew Axelrod /s/ Andrew Sole Member /s/ Andrew Sole Member /s/ Andrew Authorized Person M. M. M. ROBERT B. HELLMAN, JR., AS TRUSTEE UNDER THE VOTING AND INVESTMENT TRUST AGREEMENT FOR THE BENEFIT OF AMERICAN CEMETERIES INFRASTRUCTURE INVESTORS, LLC By: Jr. Name: Title: Robert B. Hellman, Jr. Trustee /s/ Robert B. Hellman, (Back To Top) Section 8: EX-10.12 (EX-10.12 SECOND AMENDMENT TO NOMINATION AND DIRECTOR VOTING AGREEMENT DATED AS OF JUNE 27. 2019) Exhibit 10.12 Execution Version SECOND AMENDMENT TO NOMINATION AND DIRECTOR VOTING AGREEMENT THIS SECOND AMENDMENT TO NOMINATION AND DIRECTOR VOTING AGREEMENT (this “Amendment”) is entered into on June 27, 2019 (the “Execution Date”), by and among StoneMor GP LLC, a Delaware limited liability company and the general partner of the Partnership (“GP”), Axar Capital Management, LP, a Delaware limited partnership (“Axar”), Axar GP LLC, a Delaware limited liability company (“Axar GP”), Axar Master Fund, Ltd., a Cayman Islands exempted limited partnership (together with Axar and Axar GP, the “Axar Entities”), StoneMor GP Holdings, LLC, a Delaware limited liability company (“GP Holdings”), and Robert B. Hellman, Jr., as trustee under the Voting and Investment Trust Agreement for the benefit of American Cemeteries Infrastructure Investors LLC (“ACII,” and, together with GP Holdings, the “ACII Entities” and, collectively with the Axar Entities, the “Principal Stockholders”). The Principal Stockholders and GP are referred to herein as the “Parties” and each as a “Party.” The Parties entered into that certain Nomination and Director Voting Agreement on September 27, 2018, as amended by that certain First Amendment to Nomination and Director Voting Agreement dated as of February 4, 2019 (collectively, the “Agreement”). RECITALS Pursuant to Section 5(e)(ii) of the Agreement, the Agreement may be amended in writing by the Parties. The Parties desire to make certain amendments to the Agreement as set forth herein. NOW, THEREFORE, in consideration of the mutual promises hereinafter set forth and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby 1. 2. 3. agree as follows: 1.1 Board Designation Rights. Section 1 of the Agreement is hereby amended and restated in its entirety as follows: “Section 1. Board Designation Rights. ARTICLE I AMENDMENTS (a) Subject to the other provisions of this Section 1, commencing as of the Effective Time and ending on the Final Designated Director Termination Date (as defined below), the Axar Entities shall have the option and right (but not the obligation) to designate up to three (3) nominees to be nominated by the Company at each annual (or special) meeting of stockholders of the Company to serve as Directors on the Board (each, an “Axar Designated Director”, and collectively, the “Axar Designated Directors”) in accordance with this Section 1, two of whom shall be “independent” under the standards set forth in DOC ID – 32124043.8 Section 303A.02(b) of the New York Stock Exchange Listed Company Manual for so long as the Company is not a “controlled company” for purposes of the New York Stock Exchange. Each Axar Designated Director shall in the reasonable determination of the Board or Nominating and Governance Committee of the Board (the “Nominating and Governance Committee”) (i) be suitable to serve on the Board in accordance with the customary standards of suitability for directors of NYSE listed companies, (ii) not be prohibited from serving as a Director pursuant to any rule or regulation of the U.S. Securities and Exchange Commission or any National Securities Exchange on which the Common Stock is listed or admitted to trading, and (iii) not be an employee, manager or director of any Competitor (as defined below). As a condition precedent to service on the Board, each Axar Designated Director shall deliver to the Board his or her written resignation from the Board (in the form attached hereto as Annex A) that the Board or the Nominating and Governance Committee may, in the Board’s or such committee’s sole discretion, accept and make effective solely and to the extent provided in accordance with subsection (d) below. For purposes of this Agreement, the term “Competitor” shall mean any person or entity that is an operating company (it being agreed that “Competitor” shall not include any company the primary business purpose of which is to provide financing directly or indirectly to unaffiliated entities) which engages in the death care business. (b) (c) Subject to the other provisions of this Section 1, commencing as of the Effective Time and ending on the Final Designated Director Termination Date (as defined below), the ACII Entities shall have the option and right (but not the obligation) to designate one (1) nominee to be nominated by the Company at each annual (or special) meeting of stockholders of the Company to serve as a Director on the Board (the “ACII Designated Director”, and collectively with the Axar Designated Directors, the “Designated Directors”) in accordance with this Section 1. The ACII Designated Director shall in the reasonable determination of the Board or Nominating and Governance Committee (i) be suitable to serve on the Board in accordance with the customary standards of suitability for directors of NYSE listed companies, (ii) not be prohibited from serving as a Director pursuant to any rule or regulation of the U.S. Securities and Exchange Commission or any National Securities Exchange on which the Common Stock is listed or admitted to trading, and (iii) not be an employee, manager or director of any Competitor. As a condition precedent to service on the Board, the ACII Designated Director shall deliver to the Board his or her written resignation from the Board (in the form attached hereto as Annex A) that the Board or the Nominating and Governance Committee may, in the Board’s or such committee’s sole discretion, accept and make effective solely and to the extent provided in accordance with subsection (d) below. The GP and Company (as applicable) and the Board shall take all actions necessary or advisable to effect the provisions of Sections 1(a) and 1(b) (subject to Section 1(d)), including, effective as of the Conversion Effective Time, validly appointing the three (3) Directors designated by Axar in writing to the Board and one (1) Director designated by ACII in writing to the Board, in each case, no later than ninety (90) days after the date hereof (the “Initial Directors”). Of the Initial Directors, the Axar Designated Directors shall serve initial terms that expire no earlier than the annual meeting of the stockholders of the Company (the “Stockholders”) to be held in 2020, 2021 and 2022, respectively (with 2 Axar notifying the Board which Axar Designated Director’s term shall expire in 2020, 2021 and 2022), and the ACII Designated Director shall serve an initial term that expires no earlier than the annual meeting of the Stockholders to be held in 2020. (i) Each of the ACII Entities, on the one hand, and the Axar Entities, on the other hand, agree (A) upon GP’s or the Company’s (as applicable) request to, and to cause each Designated Director designated by them to, timely provide GP or the Company (as applicable) with accurate and complete information relating to such Designated Director as may be required to be disclosed by the Company under the Exchange Act and (B) to cause each Designated Director designated by it or them, as applicable, to comply with the Section 16 filing obligations under the Exchange Act. At each applicable election of Directors, the Board shall nominate each Designated Director, which designee must meet the standards set forth in subsection (a) above, as part of the slate of Directors nominated by the Board for election by the Stockholders and shall recommend that the Stockholders vote for the each of the Designated Directors. Additionally, in the event of the resignation, death, or removal (for cause or otherwise) of any Designated Director, the Party who designated such Director under this Agreement shall have the right for the ensuing sixty (60) days, subject to the other provisions of this Section 1, to designate in writing furnished to the Nominating and Governance Committee the person to be appointed by the Board as the Designated Director to fill the resulting vacancy (subject to such designee meeting the standards set forth in subsection (a) above). (ii) Any action by the ACII Entities or the Axar Entities to designate a Designated Director shall be evidenced in writing furnished to the Nominating and Governance Committee not later than January 31 of the year in which the annual meeting of the Stockholders for the election of such Designated Director is to be held (or in the case of a special meeting within a reasonable time in advance of such meeting in order to allow the Board and the Nominating and Governance Committee to determine compliance with the qualifications required in Section 1 and otherwise to comply with its proxy solicitation and disclosure obligations in connection with such meeting) and shall be executed by the ACII Entities or the Axar Entities, as applicable. (iii) In the event that the ACII Entities or the Axar Entities fail to designate a Designated Director meeting the qualifications specified in Section 1 in accordance with the time periods set forth in this Section 1(c) (including upon the resignation, death or removal of a Designated Director), the Board, upon recommendation from the Nominating and Governance Committee, shall have the right to retain the resulting vacancies on the Board, reduce the size of the Board to the extent of the resulting vacancies or designate an individual or individuals recommended by the Nominating and Governance Committee to fill such vacancies, in each case until the next meeting of the Stockholders for the election of Directors of that class, at which time the ACII Entities or the Axar Entities, as applicable, will again be entitled to designate Designated Directors to the extent permitted in this Section 1. (d) Ownership Thresholds. 3 (i) Subject to the remaining terms of this Section 1(d), from and after the Effective Time and so long as the ACII Entities and their respective Affiliates (the “ACII Group”), collectively, continue to beneficially own at least 4.00% of the then issued and outstanding Common Stock of the Company (“Outstanding Common Stock”), the ACII Entities shall be entitled to designate one (1) ACII Designated Director pursuant to this Section 1. As of the first date that the ACII Group, collectively, beneficially owns less than 4.00% of the Outstanding Common Stock, the right of the ACII Entities to designate any ACII Designated Directors pursuant to this Section 1 shall immediately terminate. (ii) Subject to the remaining terms of this Section 1(d), from and after the Effective Time and until the later of (x) the refinancing or repayment of the Notes under the New Indenture (the “Refinancing”) and (y) the Axar Entities and their respective Affiliates (the “Axar Group”), collectively, no longer beneficially own at least 15.00% of the Outstanding Common Stock, the Axar Entities shall be entitled to designate up to three (3) Axar Designated Directors pursuant to this Section 1, provided, however that if, prior to the Refinancing, the number of Directors on the Board is increased, the number of Axar Designated Directors shall be increased to be at least three-sevenths (3/7) of the total number of Directors on the Board. Solely after the Refinancing, as of the first date that the Axar Group, collectively, beneficially owns less than 15.00% Outstanding Common Stock, but at least 10.00% of the Outstanding Common Stock, the Axar Entities shall only be entitled to designate up to two (2) Axar Designated Directors. Solely after the Refinancing, as of the first date that the Axar Group, collectively, beneficially owns less than 10.00% of the Outstanding Common Stock, but at least 5.00% of the Outstanding Common Stock, the Axar Entities shall only be entitled to designate one (1) Axar Designated Director. Solely after the Refinancing, as of the first date that the Axar Group, collectively, beneficially owns less than 5.00% of the Outstanding Common Stock, the right of the Axar Entities to designate any Axar Designated Directors pursuant to this Section 1 shall immediately terminate. (iii) If, solely after the Refinancing, the Axar Group’s beneficial ownership is less than 15.00% of the Outstanding Common Stock but greater than 10.00% (the “First Designated Director Termination Date”), the Axar Entities shall specify (by written notice to the Company not later than January 31 of the year in which the next annual meeting of the Stockholders for the election of any Axar Designated Director is to be held or, in the case of a special meeting, within a reasonable time in advance of such meeting) which Axar Designated Director position will not be nominated by the Axar Entities at the applicable annual (or special) meeting. (iv) If, solely after the Refinancing, the Axar Group’s beneficial ownership is less than 10.00% of the Outstanding Common Stock but greater than 5.00% (the “Second Designated Director Termination Date”), the Axar Entities shall specify (by written notice to the Company not later than January 31 of the year in which the next annual meeting of the Stockholders for the election of any Axar Designated Director is to be held or, in the case of a special meeting, within a reasonable time in advance of such meeting) which Axar Designated Director position will not be nominated by the Axar Entities, as applicable at the applicable annual (or special) meeting. 4 (v) The date on which the ACII Group’s or the Axar Group’s (and, with respect to the Axar Group, solely after the Refinancing), as applicable, beneficial ownership is less than 5.00% of the Outstanding Common Stock shall be the “Final Designated Director Termination Date”. “New Indenture” means the Indenture, dated as of June 27, 2019, by and among the Partnership and certain subsidiaries of the Partnership as Issuers and the Subsidiary Guarantors party thereto from time to time and Wilmington Trust, National Association, as Trustee and as Collateral Agent, as amended, amended and restated, or supplemented from time to time. “Notes” means the Senior Secured PIK Toggle Notes due 2024 under the New Indenture. (vi) At any time on or after the First Designated Director Termination Date, the Second Designated Director Termination Date or the Final Designated Director Termination Date, the Board shall be entitled to accept and make effective the resignations of any Designated Directors in excess of the number of Designated Directors that the ACII Entities or the Axar Entities, as applicable, are entitled to designate pursuant to this Section 1(d); provided, however, that after the First Designated Director Termination Date and Second Designated Director Termination Date, as applicable, the Axar Entities shall be entitled to specify which of its Designated Directors’ resignations shall be so accepted and made effective if the number of required resignations hereunder is less than the number of then serving Designated Directors designated by the Axar Entities pursuant to this Section 1(d). (vii) In addition to the obligation in Section 1(a) of each Designated Director to deliver the written resignation described therein, after the First Designated Director Termination Date, the Second Designated Director Termination Date or the Final Designated Director Termination Date, as applicable, each of the ACII Group, on the one hand, or the Axar Group, on the other hand, agree, promptly upon (and in any event within two (2) Business Days following) receipt of a written request from the Company, to cause the Designated Directors then serving as members of the Board in excess of the number of Designated Directors that it or they are entitled to designate pursuant to this Section 1(d), as applicable, to resign from the Board effective immediately. (viii) The phrase “beneficial ownership” and words of similar import when used in this Agreement shall have the meaning (or the correlative meaning, as applicable) set forth in Rule 13d-3 and Rule 13d-5(b)(1) under the Securities Exchange Act of 1934, as amended, and the regulations promulgated thereunder. (e) At all times while a Designated Director is serving as a member of the Board, and following any such Designated Director’s death, resignation, removal or other cessation as a Director in such former Designated Director’s capacity as a former Director, such Designated Director shall be entitled to all rights to indemnification and exculpation, in each case, as 5 are then made available to any other member of the Board. While serving as a Designated Director, such Designated Director shall be entitled to compensation commensurate with that of similarly situated (i.e., independent, employee or non-employee affiliate) members of the Board and reimbursement for reasonable expenses consistent with the Company’s policies applicable to other similarly situated Directors. (f) (g) The option and right to appoint Designated Directors to be granted to each of the ACII Entities and the Axar Entities by the Company following the Reorganization under this Section 1 may not be transferred or assigned, in whole or in part, by the ACII Entities or the Axar Entities directly or indirectly (including by way of direct or indirect transfers of equity interests in such Persons) without the prior written consent the Company, and the execution by such transferee of a joinder agreement in the form of Annex B hereto (a “Joinder”) (provided that such rights may be transferred or assigned to an Affiliate of the ACII Entities or the Axar Entities without the consent of the Company, as applicable, in the case of direct or indirect transfers of equity interests in such Person among or to an Affiliate so long as (i) such transferee executes a Joinder and (ii) such transfers collectively would not result in equity interests in such Person representing a majority of the economic or voting interests in such Person being owned or controlled by a Person or Persons that do not own or control a majority of the economic or voting interests in such Person immediately prior to such transfer). The Board shall not designate an executive committee or any other committee which has been delegated authority substantially similar to the authority of the Board unless each then serving Designated Director is also appointed as a member of such committee. ” 1.2 Standstill. Section 3(a)(ii) of the Agreement is hereby amended and restated in its entirety as follows: “acquire or propose to acquire additional Common Stock or other securities of the Company or any securities of its subsidiaries; provided, however, that the foregoing shall not prohibit the acquisition or proposal to acquire additional Common Stock or other Company securities that in the aggregate, together with such Party’s and its Affiliates’ beneficial ownership of any other Common Stock or other securities of the Company, does not cause such Party’s and its Affiliates’ aggregate beneficial ownership to exceed nineteen and ninety-nine hundredths percent (19.99%) with respect to the ACII Entities, or twenty-seven and forty-nine hundredths percent (27.49%) (which percentage shall exclude equity acquired in connection with the Partnership’s preferred unit offering to be consummated on or about the Execution Date including any Common Stock issued upon conversion or in consideration of such equity) with respect to the Axar Entities of either the outstanding Common Stock or the voting power of the outstanding securities of the Company; provided, further, that the foregoing shall not prohibit and the Principal Stockholders shall have the right to participate pro rata, based on their respective beneficial ownership percentage of the outstanding Common Stock, in any equity capital raise by the Company or any of its subsidiaries;” 1.3 6 Standstill. Section 3(d) of the Agreement is hereby amended and restated in its entirety as follows: “Standstill Termination Date” means, with respect to the ACII Entities or the Axar Entities, as applicable, the earlier of (i) the third anniversary of the Effective Time, (ii) the date that the Company or any of its Affiliates or agents materially breaches this Agreement (following notice of such breach to the Company by any ACII Entity or any Axar Entity and the opportunity for the Company to cure or cause to be cured such breach for 15 days from such notice) or takes any action challenging the validity or enforceability of this Agreement, (iii) the date that the ACII Entities or the Axar Entities, as applicable, no longer has the right to nominate any Directors or no longer has any of its Designated Directors on the Board, and (iv) thirty (30) days following the delivery by all of the Designated Directors of the ACII Entities or all of the Designated Directors of the Axar Entities, respectively, of a notice of immediate effective resignation from the Board.” 1.4 Binding Effect; Assignment; Termination. Section 5(g) of the Agreement is hereby amended and restated in its entirety as follows: “(g) Binding Effect; Assignment; Termination. This Agreement will be binding upon and inure to the benefit of the Parties hereto and their respective successors and permitted assigns, but, except as provided by Section 1(e) hereof will not be assignable or delegable by any Party hereto without the prior written consent of each of the other Parties. This Agreement shall terminate with respect to a Principal Stockholder (and the Company’s rights with respect to and obligations to such Principal Stockholder) on the later of: (i) with respect to the ACII Entities or the Axar Entities, as applicable, the Final Designated Director Termination Date applicable the ACII Entities or the Axar Entities, respectively, and (ii) the Standstill Termination Date with respect to such Principal Stockholder, except that in any such case the provisions of Section 4 and this Section 5 shall survive any termination of this Agreement and except that no party to this Agreement shall be relieved or released from liability for damages arising out of a breach of this Agreement before such termination.” ARTICLE II MISCELLANEOUS PROVISIONS Certain Defined Terms. Capitalized terms used in this Amendment that are not defined in the text of the body of this Amendment shall have the meanings given such terms in the No Other Amendments. All provisions of the Agreement, unless amended by this Amendment, shall remain unchanged. Counterparts. This Amendment may be executed simultaneously in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute one and Miscellaneous. Section 5 of the Agreement shall apply to this Amendment mutatis mutandis. Agreement. 2.1 2.2 2.3 the same instrument. 2.4 7 8 [SIGNATURE PAGE FOLLOWS] IN WITNESS WHEREOF, the Parties have caused this Amendment to be duly executed as of the day and year first above written. STONEMOR GP LLC By: Redling Name: Title: STONEMOR GP HOLDINGS, LLC /s/ Joseph M. Joseph M. Redling President and Chief Executive Officer By: Jr. Name: Title: /s/ Robert B. Hellman, Robert B. Hellman, Jr. Authorized Person S P S A N D V A AXAR CAPITAL MANAGEMENT, LP By: Axar GP, LLC, its general partner By: Axelrod Name: Title: Andrew Axelrod AXAR GP LLC By: Axelrod Name: Title: Andrew Axelrod AXAR MASTER FUND, LTD. By: Axelrod Name: Title: Andrew Axelrod /s/ Andrew Sole Member /s/ Andrew Sole Member /s/ Andrew Authorized Person M. M. M. S P S A N D V A ROBERT B. HELLMAN, JR., AS TRUSTEE UNDER THE VOTING AND INVESTMENT TRUST AGREEMENT FOR THE BENEFIT OF AMERICAN CEMETERIES INFRASTRUCTURE INVESTORS, LLC /s/ Robert B. Hellman, By: Jr. Name: Title: Robert B. Hellman, Jr. Trustee S P S A N D V A (Back To Top) Section 9: EX-10.31 (EX-10.31 AMENDMENT TO DIRECTOR RESTRICTED PHANTOM UNIT AGREEMENT DATED NOVEMBER 7, 2019 BY AND BETWEEN STONEMOR GP LLC AND ANDREW M. AXELROD) AMENDMENT TO DIRECTOR RESTRICTED PHANTOM UNIT AGREEMENT UNDER STONEMOR AMENDED AND RESTATED 2019 LONG-TERM INCENTIVE PLAN Exhibit 10.31 of and acting on behalf of StoneMor Partners L.P., a Delaware limited partnership (the “Partnership”) and Andrew M. Axelrod, a director of the Company (the “Participant”). This Amendment to Director Restricted Phantom Unit Agreement (the “Amendment”) dated this 7th day of November, 2019 is made by and between StoneMor GP LLC (the “Company”), the general partner BACKGROUND: The Company and the Participant are currently parties to a Director Restricted Phantom Unit Agreement dated July 16, 2019 (the “Original Agreement”) pursuant to which the Participant has elected to defer a portion of the compensation payable to the Participant for service as a director and to credit such amounts in the form of Phantom Units under the StoneMor Amended and Restated 2019 Long-Term Incentive Plan, formerly known as the StoneMor Partners L.P. 2014 Long-Term Incentive Plan (the “Plan”) to a mandatory deferred compensation account established by the Company for the Participant. The parties now desire to amend the Original Agreement to eliminate any further deferral of such director compensation for all periods after December 31, 2019. NOW, THEREFORE, the Company and the Participant, each intending to be legally bound hereby, agree as follows: ARTICLE I AMENDMENT Elimination of Annual Deferral. Section 1.1 of the Original Agreement is hereby amended to add the following sentence at the end thereof: “The Annual Deferral shall not apply with respect to any compensation 1.1 payable to the Participant in consideration for service as a Director after December 31, 2019, and the Company and the Participant agree that no compensation payable to the Participant in consideration for service as a Director with respect to any period from and after January 1, 2020 shall be deferred. ARTICLE II GENERAL PROVISIONS Administration. Pursuant to the Plan, the Committee is vested with conclusive authority to interpret and construe the Plan, to adopt rules and regulations for carrying out the Plan, and to make determinations with 2.1 respect to all matters relating to this Amendment, the Plan and awards made pursuant thereto. The authority to manage and control the operation and administration of this Amendment shall be likewise vested in the Committee, and the Committee shall have all powers with respect to this Amendment as it has with respect to the Plan. Any interpretation of this Amendment by the Committee, and any decision made by the Committee with respect to this Amendment, shall be final and binding. Effect of Plan; Construction. The entire text of the Plan is expressly incorporated herein by this reference and so forms a part of this Amendment. In the event of any inconsistency or discrepancy between the 2.2 provisions of this Amendment and the terms and conditions of the Plan, the provisions of the Plan shall govern and prevail. This Amendment is subject in all respects to, and the Company and the Participant each hereby agree to be bound by, all of the terms and conditions of the Plan, as the same may have been amended from time to time in accordance with its terms; provided, however, that no such amendment shall deprive the Participant, without the Participant’s consent, of any rights earned or otherwise due to the Participant hereunder. 2.3 effective date of such amendment or supplement. Amendment or Supplement. This Amendment shall not be amended or supplemented except by an instrument in writing executed by both parties to this Amendment, without the consent of any other person, as of the 2.4 Amendment for purposes of interpreting, construing or applying this Amendment and will not define, limit, extend, explain or describe the scope or extent of this Amendment or any of its terms and conditions. Captions. The captions at the beginning of each of the numbered Sections and Articles herein are for reference purposes only and will have no legal force or effect. Such captions will not be considered a part of this Governing Law. THE VALIDITY, CONSTRUCTION, INTERPRETATION AND EFFECT OF THIS AMENDMENT SHALL EXCLUSIVELY BE GOVERNED BY AND DETERMINED IN ACCORDANCE 2.5 WITH THE LAW OF THE COMMONWEALTH OF PENNSYLVANIA (WITHOUT GIVING EFFECT TO THE CONFLICTS OF LAW PRINCIPLES THEREOF), EXCEPT TO THE EXTENT PREEMPTED BY FEDERAL LAW, WHICH SHALL GOVERN. 2.6 the subject matter of the Original Agreement or this Amendment, and embodies the entire understanding of the parties with respect to the subject matter hereof. Entire Agreement. The Original Agreement, as amended by this Amendment, constitutes the entire understanding and supersedes any and all other agreements, oral or written, between the parties hereto, in respect of 2.7 conditions are binding upon the Participant. Acceptance of Terms. The terms and conditions of this Amendment shall be binding upon the estate, heirs, beneficiaries and other successors in interest of the Participant to the same extent that said terms and 2.8 Arbitration. Any dispute or disagreement between Participant and the Partnership with respect to any portion of this Amendment or its validity, construction, meaning, performance, or Participant’s rights hereunder shall be settled by arbitration, conducted in Philadelphia, Pennsylvania, in accordance with the Commercial Arbitration Rules of the American Arbitration Association or its successor, as amended from time to time. However, prior to submission to arbitration the Participant will attempt to resolve any disputes or disagreements with the Partnership over this Amendment amicably and informally, in good faith, for a period not to exceed two weeks. Thereafter, the dispute or disagreement will be submitted to arbitration. At any time prior to a decision from the arbitrator(s) being rendered, the Participant and the Partnership may resolve the dispute by settlement. The Participant and the Partnership shall equally share the costs charged by the American Arbitration Association or its successor, but the Participant and the Partnership shall otherwise be solely responsible for their own respective 2 counsel fees and expenses. The decision of the arbitrator(s) shall be made in writing, setting forth the award, the reasons for the decision and award and shall be binding and conclusive on the Participant and the Partnership. Further, neither Participant nor the Partnership shall appeal any such award. Judgment of a court of competent jurisdiction may be entered upon the award and may be enforced as such in accordance with the provisions of the award. IN WITNESS WHEREOF, the parties hereto, intending to be legally bound hereby, have executed this Amendment as of the day first above written. STONEMOR PARTNERS L.P. By: StoneMor GP LLC By: /s/ Jeffrey DiGiovanni Name: Title: Jeffrey DiGiovanni Senior Vice President and Chief Financial Officer /s/ Andrew M. Axelrod Andrew M. Axelrod 3 (Back To Top) Section 10: EX-10.37 (EX-10.37 FORM OF STONEMOR AMENDED AND RESTATED 2019 LONG-TERM INCENTIVE PLAN OPTION AGREEMENT.) Exhibit 10.37 Grant Date: Name of Participant: Number of Units subject to Option: Per Unit Exercise Price: STONEMOR AMENDED AND RESTATED 2019 LONG-TERM INCENTIVE PLAN OPTION AGREEMENT December __, 2019 (the “Grant Date”) ____________________ (the “Participant”) _________ (the “Units”) _________ (the “Exercise Price Per Unit”) This OPTION AGREEMENT (this “Agreement”), dated as of the Grant Date, is entered into by and between StoneMor GP LLC, a Delaware limited liability company, the general partner (“General Partner”) of StoneMor Partners L.P., a Delaware limited partnership (the “Partnership”), and the Participant, pursuant to which the Participant has been granted an option (the “Option”) to purchase, for the Exercise Price Per Unit, up to the number of Units set forth above pursuant to the StoneMor Amended and Restated 2019 Long-Term Incentive Plan (as amended from time to time, the “Plan”). Capitalized terms not otherwise defined in this Agreement shall have the meaning given to them in the Plan. As used herein, the term “Partnership” shall also be deemed to refer to the term “Company” as defined in the Plan. The Option is not intended to be subject to Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”). 1. Terms. The terms and conditions of the Option granted hereby, to the extent not superseded by the terms and conditions contained in the Plan, are as follows: Plan. (a) (b) Price. The price at which each Unit may be purchased shall be the Exercise Price Per Unit set forth above, subject to any adjustments that may be made pursuant to the terms of the Vesting. Except as otherwise provided herein, the Option shall vest and become exercisable according to the following schedule, so long as the Participant remains continuously employed by the General Partner or an Affiliate from the Grant Date through each vesting date set forth below: Vesting Date First anniversary of the Grant Date Second anniversary of the Grant Date Third anniversary of the Grant Date Portion of the Option that Vests and becomes Exercisable 1/3 1/3 1/3 (c) Exercise Limitation. The Option may be exercised only to the extent that it is vested and may, to the extent vested, be exercised in whole or in part. Except as set forth in Section 5, (i) the Participant may not exercise the Option unless at the time of exercise the Participant has been employed by the General Partner or an Affiliate continuously since the Grant Date, and (ii) the unvested portion of the Option shall terminate and be forfeited immediately on the date the Participant ceases to be an employee of the General Partner or an Affiliate. The Option shall be exercisable during the lifetime of the Participant only by the Participant or the person to whom the Participant’s rights shall pass by will or the laws of descent and distribution. (d) Expiration. The Option shall expire on the tenth (10th) anniversary of the Grant Date (the “Expiration Date”) and, notwithstanding anything contained to the contrary herein, no portion of the Option shall be exercisable after such date. 2. Exercise and Payment. (a) Manner of Exercise. The Participant (or his or her representative, guardian, devisee or heir, as applicable) may exercise any portion of the Option that has become vested in accordance with the terms of this Agreement as to all or any of the Units by giving written notice of exercise to the Partnership, in the form attached hereto as Exhibit A, specifying the number of Units to be purchased and accompanying such notice with payment of the Exercise Price Per Unit for each Unit purchased. The election shall state the address to which distributions, notices, reports, or similar information are to be sent. If the Partnership has elected to issue certificates for Units, only one certificate evidencing the Units will be issued unless the Participant otherwise requests in writing. Units purchased upon exercise of the Option will be issued in the name of the Participant. The Participant shall not be entitled to any rights and privileges as a unitholder of the Partnership in respect of any of the Units covered by the Option until such Units shall have been purchased pursuant to the exercise of the Option by the Participant in accordance with the foregoing. (b) Payment. The Participant acknowledges and agrees that, upon the exercise of the Option, payment of the Exercise Price Per Unit shall automatically be made through a cashless exercise (i.e., “net settlement”), unless, prior to such exercise, (i) the Committee determines that, notwithstanding the foregoing, payment of the Exercise Price Per Unit shall instead be made through the delivery by the Participant (or any other person permitted to exercise the Option in the event of the Participant’s death) of cash or cash equivalents (including from wages or other compensation payable to the Participant) or (ii) the Committee allows the Participant (or any person permitted to exercise the Option in the event of the Participant’s death) to make other arrangements satisfactory to the General Partner or its Affiliate for the satisfaction of the Exercise Price Per Unit, which arrangements include the delivery of Units (including previously owned Units or through a broker-assisted exercise, or other reduction of the amount of Units otherwise issuable pursuant to the Option), other property, or any other legal consideration the Committee deems appropriate. conflict between the Plan and this Agreement, the terms of the Plan shall control. The Committee shall have authority to interpret this Agreement, and to correct any defect or supply 3. The Plan. It is understood that the Plan is incorporated into this Agreement by reference and made a part of this Agreement as if fully set forth in this Agreement. In the event there shall be any any omission or reconcile any inconsistency in this Agreement, and to prescribe rules and regulations relating to the administration of the Option and other options granted under the Plan. 4. Withholding Tax. The Participant acknowledges and agrees that, upon the exercise of the Option, applicable withholding taxes and other tax obligations relating to the Option shall automatically be satisfied through a net settlement of Units otherwise issuable or deliverable pursuant to the Option unless, prior to such exercise, (i) the Committee determines that, notwithstanding the foregoing, payment of applicable withholding taxes and other tax obligations relating to the Option shall instead be made through the delivery by the Participant (or any person permitted to exercise the Option in the event of the Participant’s death) of cash or cash equivalents (including from wages or other compensation payable to the Participant) or (ii) the Committee allows the Participant (or any person permitted to exercise the Option in the event of the Participant’s death) to make other arrangements satisfactory to the General Partner or its Affiliate for the satisfaction of obligations for the payment of withholding taxes and other tax obligations relating to the Option, which arrangements include the delivery of Units (including previously owned Units, a broker-assisted sale), other property, or any other legal consideration the Committee deems appropriate. If such tax obligations are satisfied through net settlement or the surrender of owned Units, the maximum number of Units that may be so withheld (or surrendered) shall be the number of Units that have an aggregate Fair Market Value on the date of withholding or surrender equal to the aggregate amount of such tax liabilities determined based on the greatest withholding rates for federal, state, local and/or foreign tax purposes, including payroll taxes, that may be utilized without creating adverse accounting treatment for the General Partner or its Affiliate with respect to such Award, as determined by the Committee. The Participant acknowledges that there may be adverse tax consequences upon the vesting, exercise or settlement of the Award or disposition of the underlying Units and that the Participant has been advised, and hereby is advised, to consult a tax advisor prior to such vesting, exercise or settlement. The Participant represents that he is in no manner relying on the Board, the Committee, the General Partner, the Partnership or any of their respective Affiliates or any of their respective managers, directors, officers, employees or authorized representatives (including, without limitation, attorneys, accountants, consultants, bankers, lenders, prospective lenders and financial representatives) for tax advice or an assessment of such tax consequences. 5. Termination; Change of Control. Participant for any reason, then the Participant shall be entitled to exercise the Option (only to the extent vested) for a period of 90 calendar days following the date of the termination of such employment. (a) Termination. Subject to Section 5(b), if the Participant’s employment with the General Partner or its Affiliate shall be terminated by the General Partner or such Affiliate or by the Change of Control. Notwithstanding anything contained herein to the contrary, upon the consummation of a Change of Control (as defined below) on or before the termination of the Participant’s employment with the General Partner or its Affiliate, the Option shall immediately become fully vested and be fully exercisable and remain exercisable until the expiration date of the Option regardless of whether the Participant’s employment is terminated following such Change of Control. For purposes of this Agreement, notwithstanding anything to the contrary contained in the Plan, the term “Change of Control” shall mean any “person” or “group” within the meaning of those terms as used in Sections 13(d) and 14(d)(2) of the Exchange (b) Act, other than (i) members, limited partners, or other owners (as applicable) of the General Partner, the Partnership, or an Affiliate of either the General Partner or the Partnership, or (ii) the owners of the Corporation or any of its Affiliates, shall become the beneficial owner, by way of merger, consolidation, recapitalization, reorganization, or otherwise, of 50% or more of the voting power of the voting securities of the General Partner, the Partnership, or the Corporation, as applicable; provided that, for the avoidance of doubt, the consummation of the Conversion (as defined below) shall not be deemed a Change of Control under this Agreement. For purposes of this Agreement, the term “Conversion” means the reorganization transaction contemplated by that certain Merger and Reorganization Agreement, as amended to date, by and among the General Partner, the Partnership and the other entities thereto, pursuant to which the General Partner will convert to a Delaware corporation to be named StoneMor Inc. and Hans Merger Sub, LLC, a Delaware limited liability company and wholly-owned subsidiary of the General Partner, will be merged with and into the Partnership. 6. Non-Transferability. During the lifetime of the Participant, the Option may not be sold, pledged, assigned or transferred in any manner other than by will or the laws of descent and distribution, unless and until the Units underlying the Option have been exercised and issued, and all restrictions applicable to such Units have lapsed. Neither the Option nor any interest or right therein shall be liable for the debts, contracts or engagements of the Participant or his or her successors in interest or shall be subject to disposition by transfer, alienation, anticipation, pledge, encumbrance, assignment or any other means, whether such disposition be voluntary or involuntary or by operation of law by judgment, levy, attachment, garnishment or any other legal or equitable proceedings (including bankruptcy), and any attempted disposition thereof shall be null and void and of no effect, except to the extent that such disposition is permitted by the preceding sentence. 7. Compliance with Applicable Law. Notwithstanding any provision of this Agreement to the contrary, the issuance of Units hereunder following each exercise of the Option will be subject to compliance with all applicable requirements of applicable law with respect to such securities and with the requirements of any stock exchange or market system upon which the Units may then be listed. No Units will be issued hereunder if such issuance would constitute a violation of any applicable law or regulation or the requirements of any stock exchange or market system upon which the Units may then be listed. In addition, Units will not be issued hereunder unless (a) a registration statement under the Securities Act is in effect at the time of such issuance with respect to the Units to be issued or (b) in the opinion of legal counsel to the General Partner or the Partnership, the Units to be issued are permitted to be issued in accordance with the terms of an applicable exemption from the registration requirements of the Securities Act. The inability of the General Partner or the Partnership to obtain from any regulatory body having jurisdiction the authority, if any, deemed by the General Partner’s or the Partnership’s legal counsel to be necessary for the lawful issuance and sale of any Units hereunder will relieve the General Partner or the Partnership of any liability in respect of the failure to issue such Units as to which such requisite authority has not been obtained. As a condition to any issuance of Units hereunder, the General Partner or the Partnership may require the Participant to satisfy any requirements that may be necessary or appropriate to evidence compliance with any applicable law or regulation and to make any representation or warranty with respect to such compliance as may be requested by the General Partner or the Partnership. Rights as a Unitholder. The Participant shall have no rights as a unitholder of the Partnership with respect to any Units covered by the Option unless and until the Participant has become the holder of record of such Units, and no adjustments shall be made for distributions in cash or other property, dividends or other rights in respect of any such Units, except as otherwise specifically provided for in the Plan or this Agreement and as determined by the Board or the Committee, as applicable. 8. 9. Execution of Receipts and Releases. Any issuance or transfer of Units or other property to Participant or Participant’s legal representative, heir, legatee or distributee, in accordance with this Agreement shall be in full satisfaction of all claims of such person hereunder. As a condition precedent to such payment or issuance, the General Partner or the Partnership may require the Participant or the Participant’s legal representative, heir, legatee or distributee to execute (and not revoke within any time provided to do so) a release and receipt therefor in such form as it shall determine appropriate; provided, however, that any review period under such release will not modify the date of exercise with respect to purchased Units. 10. No Right to Continued Employment or Awards. Nothing in the adoption of the Plan, nor the award of the Option thereunder pursuant to this Agreement, shall confer upon the Participant the right to continued employment by the General Partner or any Affiliate, or any other entity, or affect in any way the right of the General Partner or any such Affiliate, or any other entity to terminate such employment or other service relationship at any time. The grant of the Option is a one-time benefit and does not create any contractual or other right to receive a grant of Awards or benefits in lieu of Awards in the future. Any future Awards will be granted at the sole discretion of the General Partner or the Partnership. 11. Legal and Equitable Remedies. The Participant acknowledges that a violation or attempted breach of any of the Participant’s covenants and agreements in this Agreement will cause such damage as will be irreparable, the exact amount of which would be difficult to ascertain and for which there will be no adequate remedy at law, and accordingly, the parties hereto agree that the General Partner, the Partnership and their respective Affiliates shall be entitled as a matter of right to an injunction issued by any court of competent jurisdiction, restraining the Participant or the affiliates, partners or agents of the Participant from such breach or attempted violation of such covenants and agreements, as well as to recover from the Participant any and all costs and expenses sustained or incurred by the General Partner, the Partnership or any Affiliate in obtaining such an injunction, including, without limitation, reasonable attorneys’ fees. The parties to this Agreement agree that no bond or other security shall be required in connection with such injunction. Any exercise by either of the parties to this Agreement of its rights pursuant to this Section 11 shall be cumulative and in addition to any other remedies to which such party may be entitled. specified by like notice): 12. Notices. All notices and other communications under this Agreement shall be in writing and shall be delivered to the parties at the following addresses (or at such other address for a party as shall be If to the General Partner or the Partnership: StoneMor GP LLC 3600 Horizon Blvd. Trevose, PA 19053, or its then current principal office Attention: Chief Financial Officer If to the Participant, to the address for the Participant indicated on the signature page to this Agreement (as such address may be updated by the Participant providing written notice to such effect to the General Partner or the Partnership). Any notice that is delivered personally or by overnight courier or telecopier in the manner provided herein shall be deemed to have been duly given to the Participant when it is mailed by the General Partner or the Partnership or, if such notice is not mailed to the Participant, upon receipt by the Participant. Any notice that is addressed and mailed in the manner herein provided shall be conclusively presumed to have been given to the party to whom it is addressed at the close of business, local time of the recipient, on the fourth day after the day it is so placed in the mail. 13. Consent to Electronic Delivery; Electronic Signature. In lieu of receiving documents in paper format, the Participant agrees, to the fullest extent permitted by law, to accept electronic delivery of any documents that the General Partner or the Partnership may be required to deliver (including, but not limited to, prospectuses, prospectus supplements, grant or award notifications and agreements, account statements, annual and quarterly reports and all other forms of communications) in connection with this and any other Award made or offered by the General Partner or the Partnership. Electronic delivery may be via an electronic mail system or by reference to a location on an intranet to which the Participant has access. The Participant hereby consents to any and all procedures the General Partner or the Partnership has established or may establish for an electronic signature system for delivery and acceptance of any such documents that the General Partner or the Partnership may be required to deliver, and agrees that his or her electronic signature is the same as, and shall have the same force and effect as, his or her manual signature. comply with any reporting or other requirement imposed upon the General Partner or the Partnership by or under any applicable statute or regulation. 14. Agreement to Furnish Information. The Participant agrees to furnish to the General Partner or the Partnership all information requested by the General Partner or the Partnership to enable it to 15. Entire Agreement; Amendment. This Agreement constitutes the entire agreement of the parties with regard to the subject matter hereof, and contains all the covenants, promises, representations, warranties and agreements between the parties with respect to the Option granted hereby; provided¸ however, that the terms of this Agreement shall not modify and shall be subject to the terms and conditions of any employment, consulting and/or severance agreement between the General Partner (or an Affiliate or other entity) and the Participant in effect as of the date a determination is to be made under this Agreement. Without limiting the scope of the preceding sentence, except as provided therein, all prior understandings and agreements, if any, among the parties hereto relating to the subject matter hereof are hereby null and void and of no further force and effect. The Committee may, in its sole discretion, amend this Agreement from time to time in any manner that is not inconsistent with the Plan; provided, however, that except as otherwise provided in the Plan or this Agreement, any such amendment that materially reduces the rights of the Participant shall be effective only if it is in writing and signed by both the Participant and an authorized officer of the General Partner. 16. Severability and Waiver. If a court of competent jurisdiction determines that any provision of this Agreement is invalid or unenforceable, then the invalidity or unenforceability of such provision shall not affect the validity or enforceability of any other provision of this Agreement, and all other provisions shall remain in full force and effect. Waiver by any party of any breach of this Agreement or failure to exercise any right hereunder shall not be deemed to be a waiver of any other breach or right. The failure of any party to take action by reason of such breach or to exercise any such right shall not deprive the party of the right to take action at any time while or after such breach or condition giving rise to such rights continues. 17. Clawback. Notwithstanding any provision in this Agreement or the Plan to the contrary, vested Options and all Units issued hereunder may be subject to forfeiture, repurchase, recoupment and/or cancellation if (a) such action is required by (i) applicable law, including, without limitation, the requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, any Securities and Exchange Commission rule or any applicable securities exchange listing standards and/or (ii) any policy that may be adopted or amended by the Board from time to time, or (b) the Committee determines that such action is necessary because the Participant’s employment was terminated for “cause” (as defined in any employment agreement between the General Partner (or an Affiliate or other entity)) and the Participant or, in the absence of such a definition, the Committee determines that the Participant engaged in any act that materially adversely affected the reputation or business activities of the General Partner, the Partnership or their respective Affiliates or was convicted of a felony (other than traffic offenses) or any crime involving fraud, embezzlement, theft, or moral turpitude that was damaging or detrimental, or potentially damaging or detrimental, to the General Partner, the Partnership or their respective Affiliates. ACCORDANCE WITH THE LAW OF THE COMMONWEALTH OF PENNSYLVANIA (WITHOUT GIVING EFFECT TO THE CONFLICTS OF LAW PRINCIPLES THEREOF). 18. Governing Law. THE VALIDITY, CONSTRUCTION, INTERPRETATION AND EFFECT OF THIS AGREEMENT SHALL EXCLUSIVELY BE GOVERNED BY AND DETERMINED IN 19. Arbitration. Any dispute or disagreement with respect to any portion of this Agreement or its validity, construction, meaning, performance, or Participant’s rights hereunder shall be finally settled by binding confidential arbitration before a single arbitrator in accordance with the Commercial Arbitration Rules of the American Arbitration Association (the “AAA”) then in effect and this Section 19. Any arbitration commenced by either party shall be held in Philadelphia, Pennsylvania. The decision of the arbitrator shall explain the basis for any award in reasonable detail and in writing. Any award of the arbitrator shall be final and binding, and shall not be appealable upon any grounds other than as permitted pursuant to the Federal Arbitration Act. The award, in the arbitrator’s discretion, may include reasonable attorney’s fees and costs. Judgment on the award may be entered, confirmed and enforced in any court of competent jurisdiction. The Participant and the General Partner acknowledge and agree that in connection with any such arbitration, the AAA filing fee, arbitrator’s costs and related AAA administrative expenses shall be borne by the General Partner. THE PARTICIPANT HEREBY WAIVES ANY RIGHT TO A JURY TRIAL. 20. Successors and Assigns. The General Partner or the Partnership may assign any of their rights under this Agreement without the Participant’s consent. This Agreement will be binding upon and inure to the benefit of the successors and assigns of the General Partner and the Partnership. Subject to the restrictions on transfer set forth herein and in the Plan, this Agreement will be binding upon the Participant and the Participant's beneficiaries, executors, administrators and the person(s) to whom the Option may be transferred by will or the laws of descent or distribution. 21. 22. Headings. Headings are for convenience only and are not deemed to be part of this Agreement. Counterparts. This Agreement may be executed in one or more counterparts, each of which shall constitute an original and all of which together shall constitute one instrument. Delivery of an executed counterpart of this Agreement by facsimile or portable document format (.pdf) attachment to electronic mail shall be effective as delivery of a manually executed counterpart of this Agreement. 23. Section 409A. Notwithstanding anything herein or in the Plan to the contrary, the Option is intended to be exempt from the applicable requirements of Section 409A of the Code and the 409A Regulations and this Agreement shall be construed and interpreted in accordance with such intent. Notwithstanding the foregoing, the General Partner, the Partnership and their respective Affiliates make no representations that the Option provided under this Agreement is exempt from or compliant with Section 409A of the Code and the 409A Regulations and in no event shall the General Partner, the Partnership or any of their respective Affiliates be liable for all or any portion of any taxes, penalties, interest or other expenses that may be incurred by the Participant on account of non-compliance with the Section 409A of the Code and the 409A Regulations. [Signature Page Follows] IN WITNESS WHEREOF, the parties hereto, intending to be legally bound hereby, have executed this Agreement as of the Grant Date. StoneMor GP LLC, its general partner STONEMOR PARTNERS L.P. By: By: Name: Austin K. So Its: SVP, CLO & Secretary PARTICIPANT: Address: EXHIBIT A OPTION EXERCISE NOTICE StoneMor GP LLC 3600 Horizon Blvd. Trevose, PA 19053 Attention: Chief Financial Officer I hereby elect to exercise the Option granted in the Option Agreement described below (the “Agreement”) pursuant to the StoneMor Amended and Restated 2019 Long-Term Incentive Plan (as amended from time to time, the “Plan”), with respect to the number of Units (terms capitalized but not defined in this notice are used as defined in the Agreement or the Plan, as applicable): Grant Date: Participant: Number of Units for which the Option will be exercised: Exercise Price: Per Unit: $ Total: $ In connection with this exercise, and in order to fulfill the requirements of the Agreement and the Plan, I represent and warrant to and agree with the General Partner and the Partnership as follows: S L M. I understand that the General Partner, the Partnership and their officers are relying upon the accuracy and completeness of the information set forth herein in complying with their obligations under applicable securities laws in connection with the sale to me of the Units for which the Option is being exercised and that neither the General Partner nor the Partnership is required to sell such Units to me unless it can do so in compliance with all applicable securities laws. 1. 2. S C. I understand and agree that the provisions of the Plan and the Agreement will survive the issuance of Units to me and that I will continue to be bound thereby. [Signature Page Follows] THIS OPTION EXERCISE NOTICE is executed as of _______________, 20___. PARTICIPANT Signature: Print name: Date: Address: (Back To Top) Section 11: EX-10.45 (EX-10.45 PREFERRED STOCK PURCHASE AGREEMENT DATED APRIL 3, 2020) SERIES A PREFERRED STOCK PURCHASE AGREEMENT by and among STONEMOR INC. and THE PURCHASERS PARTY HERETO Exhibit 10.45 EXECUTION VERSION DM3\6717806.1 Table of Contents Page ARTICLE I DEFINITIONS4 Section 1.01 Section 1.02 Definitions4 Accounting Procedures and Interpretation7 ARTICLE II AGREEMENT TO SELL AND PURCHASE7 Section 2.01 Section 2.02 Section 2.03 Section 2.04 Sale and Purchase7 Closing7 Deliveries by the Company7 Purchaser Deliveries8 ARTICLE III REPRESENTATIONS AND WARRANTIES OF THE COMPANY8 Existence8 Series A Preferred Stock; Capitalization8 No Conflict8 Authority9 Approvals9 Compliance with Laws9 Due Authorization9 Valid Issuance; No Options or Preemptive Rights10 Periodic Reports10 Litigation10 No Registration Required10 Transfer Taxes10 No Material Adverse Change; Absence of Changes; Operations in the Ordinary Course10 Books and Records; Sarbanes-Oxley Compliance11 Section 3.01 Section 3.02 Section 3.03 Section 3.04 Section 3.05 Section 3.06 Section 3.07 Section 3.08 Section 3.09 Section 3.10 Section 3.11 Section 3.12 Section 3.13 Section 3.14 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF THE PURCHASERS11 Section 4.01 Section 4.02 Section 4.03 Section 4.04 Section 4.05 Section 4.06 Section 4.07 Existence, Capacity, Authorization and Enforceability12 No Conflict12 Certain Fees12 Investment12 Nature of Purchasers13 Restricted Securities13 Reliance on Exemptions13 ARTICLE V COVENANTS13 Section 5.01 Section 5.02 Section 5.03 Section 5.04 Section 5.05 Reporting Status13 Use of Proceeds13 Disclosure of Transaction14 Rights Offering14 Further Assurances14 DM3\6717806.1 ARTICLE VI INDEMNIFICATION14 Section 6.01 Section 6.02 Section 6.03 Section 6.04 Indemnification by the Company14 Indemnification by the Purchasers15 Indemnification Procedure15 Tax Matters16 ARTICLE VII MISCELLANEOUS16 Expenses16 Interpretation and Severability16 Survival of Provisions17 No Waiver; Modifications in Writing17 Binding Effect18 Non-Disclosure18 Communications18 Entire Agreement19 Governing Law; Submission to Jurisdiction19 Section 7.01 Section 7.02 Section 7.03 Section 7.04 Section 7.05 Section 7.06 Section 7.07 Section 7.08 Section 7.09 Section 7.10 Waiver of Jury Trial19 Section 7.11 Section 7.12 Section 7.13 Section 7.14 Exclusive Remedy20 No Recourse Against Others20 No Third-Party Beneficiaries21 Execution in Counterparts21 EXHIBIT A – Certificate of Designations SCHEDULE A – Purchase Price Allocation DM3\6717806.1 3 SERIES A PREFERRED STOCK PURCHASE AGREEMENT (the “Company”), and the purchasers set forth in Schedule A hereto (the “Purchasers”). This SERIES A PREFERRED STOCK PURCHASE AGREEMENT, dated as of April 3, 2020 (this “Agreement”), is entered into by and among STONEMOR INC., a Delaware Corporation below), in accordance with the provisions of this Agreement. WHEREAS, the Company desires to issue and sell to the Purchasers, and the Purchasers desire to purchase from the Company, shares of the Company’s Series A Preferred Stock (as defined acknowledged, the parties hereby agree as follows: NOW THEREFORE, in consideration of the mutual covenants and agreements set forth herein and for good and valuable consideration, the receipt and sufficiency of which are hereby Section 1.01 Definitions . As used in this Agreement, and unless the context requires a different meaning, the following terms have the meanings indicated: ARTICLE I DEFINITIONS “Affiliate” means, with respect to any Person, any other Person that directly or indirectly through one or more intermediaries controls, is controlled by or is under common control with, the Person in question. As used herein, the term “control” means the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a Person, whether through ownership of voting securities, by contract or otherwise. For the avoidance of doubt, for purposes of this Agreement, any fund or account managed, advised or subadvised, directly or indirectly, by a Purchaser or its Affiliates, shall be considered an Affiliate of such Purchaser. “Agreement” has the meaning set forth in the introductory paragraph. “Board” means the board of directors of the Company. “Certificate of Designations” has the meaning specified in Section 0. “Closing” has the meaning specified in Section 2.02. “Closing Date” has the meaning specified in Section 2.02. “Commission” means the United States Securities and Exchange Commission. “Commitment Letter” means that letter from the Lead Purchaser dated as of [April 1, 2020], and agreed to and accepted by the Company with respect to this Agreement and the Rights Offering. DM3\6717806.1 “Common Stock” has the meaning specified in Section 3.02(b). “Company” has the meaning set forth in the introductory paragraph. Exchange Act or the Securities Act, as applicable. “Company SEC Documents” means the Company’s forms, registration statements, reports, schedules and statements filed by it or its predecessor registrant, StoneMor Partners L.P., under the commitment or obligation, whether written or oral. “Contract” means any contract, agreement, indenture, note, bond, mortgage, deed of trust, loan, instrument, lease, license, commitment or other arrangement, understanding, undertaking, such Purchaser’s name on Schedule A. “Exchange Act” means the Securities Exchange Act of 1934, as amended from time to time, and the rules and regulations of the Commission promulgated thereunder. “Funding Obligation” means an amount equal to the Purchase Price multiplied by the number of Purchased Shares to be purchased by a Purchaser on the date hereof, as set forth opposite statements of the Company prepared as of a certain date, GAAP referenced therein shall be GAAP as of the date of such financial statements. “GAAP” means generally accepted accounting principles in the United States of America as of the date hereof, consistently applied during the periods involved; provided, that for the financial “Governmental Authority” means, with respect to a particular Person, any country, state, county, city and political subdivision in which such Person or such Person’s Property is located or that exercises valid jurisdiction over any such Person or such Person’s Property, and any court, agency, department, commission, board, bureau or instrumentality of any of them and any monetary authority that exercises valid jurisdiction over any such Person or such Person’s Property. Unless otherwise specified, all references to Governmental Authority herein with respect to the Company mean a Governmental Authority having jurisdiction over the Company, its Subsidiaries or any of their respective Properties. “Indemnified Party” has the meaning specified in Section 6.03. “Indemnifying Party” has the meaning specified in Section 6.03. “Knowledge” shall mean, with respect to any party, the actual knowledge of the managers, directors or executive officers of such party or such party’s managing member, as applicable. “Law” means any federal, state, local or foreign order, writ, injunction, judgment, settlement, award, decree, statute, law, rule or regulation. “Lead Purchaser” means Axar Capital Management, LP or its designee. “Lien” means any interest in Property securing an obligation owed to, or a claim by a Person other than the owner of the Property, whether such interest is based on the common DM3\6717806.1 5 law, statute or contract, and whether such obligation or claim is fixed or contingent, and including any lien or security interest arising from a mortgage, encumbrance, pledge, security agreement, conditional sale or trust receipt or a lease, consignment or bailment for security purposes. “Material Adverse Effect” means a material adverse effect (a) on the business, property, operations, assets, liabilities (actual or contingent), operating results, prospects or financial condition of the Company and its Subsidiaries, taken as a whole, (b) on the ability of the Company or its Subsidiaries, as applicable, to perform any of their obligations under the Transaction Documents or (c) on the validity or enforceability of any of the Transaction Documents or the rights and remedies of the Purchasers thereunder “NYSE” means The New York Stock Exchange, Inc. articles of incorporation, bylaws or other similar organizational documents. “Organizational Documents” means, as applicable, an entity’s agreement or certificate of limited partnership, limited liability company agreement, certificate of formation, certificate or thereof or other form of entity. “Person” means an individual or a corporation, limited liability company, partnership, joint venture, trust, unincorporated organization, association, government agency or political subdivision “Property” means any interest in any kind of property or asset, whether real, personal or mixed, or tangible or intangible. “Purchased Shares” has the meaning specified in Section 2.01. “Purchase Price” has the meaning specified in Section 2.01. “Purchasers” has the meaning set forth in the introductory paragraph. “Purchaser Related Parties” has the meaning specified in Section 6.01. “Representatives” of any Person means the Affiliates, officers, directors, managers, employees, agents, counsel, accountants, investment bankers and other representatives of such Person. “Securities Act” means the Securities Act of 1933, as amended from time to time, and the rules and regulations of the Commission promulgated thereunder. “Series A Preferred Stock” means the Series A Preferred Stock, par value $0.01 per share, of the Company. “Subsidiary” means, as to any Person, any corporation or other entity of which: (a) such Person or a Subsidiary of such Person is a general partner or, in the case of a limited liability company, the managing member or manager thereof; (b) at any of the outstanding equity interest having by the terms thereof ordinary voting power to elect a majority of the board of directors or similar governing body of such corporation or other entity (irrespective of whether or not at the time any equity interest of any other class or classes of such corporation or other entity shall have DM3\6717806.1 6 or might have voting power by reason of the happening of any contingency) is at the time directly or indirectly owned or controlled by such Person or one or more of its Subsidiaries; or (c) any corporation or other entity as to which such Person consolidates for accounting purposes. “Transaction Documents” means, collectively, this Agreement, the Commitment Letter and the Certificate of Designations, each as amended to date, and any and all other agreements or instruments executed and delivered by the Company hereunder. Section 1.02 Accounting Procedures and Interpretation . Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements of the Company and certificates and reports as to financial matters required to be furnished to the Purchasers hereunder shall be prepared, in accordance with GAAP applied on a consistent basis during the periods involved (except as may be indicated in the notes thereto or, in the case of unaudited statements, as permitted by Form 10-Q promulgated by the Commission) and in compliance as to form in all material respects with applicable accounting requirements and with the published rules and regulations of the Commission with respect thereto. Section 2.01 Sale and Purchase ARTICLE II AGREEMENT TO SELL AND PURCHASE . Subject to the terms and conditions hereof, the Company hereby agrees to issue and sell to each Purchaser and each Purchaser hereby agrees to purchase from the Company, the number of shares of Series A Preferred Stock under the Series A Preferred Stock column set forth opposite each Purchaser’s name on Schedule A (the “Purchased Shares”), for a cash purchase price of $50,000 per share of Series A Preferred Stock (the “Purchase Price”). Section 2.02 Closing parties agree that the Closing may occur via delivery of .pdf of facsimile copies of the documents referred to herein. . Subject to the terms and conditions hereof, the closing of the transactions contemplated under this Agreement (the “Closing”) shall take place on the date hereof (the “Closing Date”). The Section 2.03 Deliveries by the Company . At the Closing, subject to the terms and conditions hereof, the Company will deliver, or cause to be delivered, to the Purchasers: a certificate of the Secretary of the Company, dated as of the Closing Date, certifying as to and attaching Board resolutions authorizing (i) the execution and delivery of this Agreement and the transactions contemplated thereby and (ii) the filing of the Certificate of Designations for the shares of Series A Preferred Stock, in substantially the form attached hereto as Exhibit A (the “Certificate of Designations”),with the Secretary of State of the State of Delaware; (a) (b) confirmation that the Certificate of Designations has been filed with the Secretary of State of the State of Delaware; and DM3\6717806.1 7 issue the Purchased Shares credited to book-entry accounts maintained by the Company, free and clear of any Liens. (c) oral confirmation by a representative of the Company’s transfer agent that such transfer agent has all the information and materials necessary for the Company to Section 2.04 Purchaser Deliveries wire transfer of immediately available funds to an account designated by Company. . At the Closing, subject to the terms and conditions hereof, each Purchaser will deliver, or cause to be delivered, to the Company payment of such Purchaser’s Funding Obligation payable by ARTICLE III REPRESENTATIONS AND WARRANTIES OF THE COMPANY The Company represents and warrants to the Purchasers as follows: Section 3.01 Existence hold its properties and to conduct the businesses in which it is engaged. Section 3.02 Series A Preferred Stock; Capitalization . The Company is a corporation duly formed, validly existing and in good standing under the Laws of the state of Delaware and has full corporate power and authority necessary to own or Designations. . (a) (b) The Purchased Shares have those rights, preferences, privileges and restrictions governing the Series A Preferred Stock as set forth in the Certificate of As of the date hereof and prior to the issuance and sale of the Purchased Shares, the issued and outstanding shares of capital stock of the Company consist of 94,477,102 shares of common stock, par value $0.01 per share (“Common Stock”) and zero shares of Series A Preferred Stock. All outstanding shares of Common Stock have been duly authorized, are validly issued and are fully paid and nonassessable. The Common Stock is listed on the NYSE, and the Company has not received any notice of delisting. Without limiting the generality of the foregoing, the Company is not in violation of any of the rules, regulations or requirements of the NYSE and has no knowledge of any facts or circumstances that would reasonably lead to delisting or suspension of the Common Stock by the NYSE in the foreseeable future. (c) Section 3.03 No Conflict . None of the offering, issuance and sale by the Company of the Purchased Shares and the application of the proceeds therefrom, the execution, delivery and performance of this Agreement by the Company, or the consummation of the transactions contemplated hereby (i) conflicts or will conflict with, or constitutes or will constitute a violation of, the Organizational Documents of the Company, (ii) conflicts or will conflict with, or constitutes or will constitute a breach or violation of or a default under (or an event that, with notice or lapse of time or both, would constitute such a breach or violation of or default under), any indenture, mortgage, deed of trust, loan agreement, lease or other agreement or instrument to which the Company or any of its Subsidiary is a party, by which any of them is bound or to which DM3\6717806.1 8 any of their respective properties or assets is subject, (iii) violates or will violate any statute, law, ordinance, regulation, order, judgment, decree or injunction of any court or governmental agency or body to which the Company or any of its Subsidiaries, or any of their respective properties or assets may be subject or (iv) will result in the creation or imposition of any Lien upon any property or assets of the Company or any of its Subsidiaries, which conflicts, breaches, violations, defaults or Liens, in the case of clauses (ii), (iii) or (iv), would, individually or in the aggregate, have a Material Adverse Effect. Section 3.04 Authority . The Company has all requisite corporate power and authority to issue, sell and deliver the Purchased Shares, in accordance with and upon the terms and conditions set forth in this Agreement and the Organizational Documents. All corporate actions required to be taken by the Company for the authorization, issuance, sale and delivery of the Purchased Shares, the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby has been validly taken. No approval from the holders of outstanding shares of Common Stock is required under applicable Law, the Organizational Documents or the rules of the NYSE in connection with the Company’s issuance and sale of the Purchased Shares to the Purchasers. Section 3.05 Approvals . No permit, consent, approval, authorization, order, registration, filing or qualification (“consent”) of or with any court, governmental agency or body having jurisdiction over the Company or any of its Subsidiaries, or any of their respective properties is required in connection with the offering and sale of the Purchased Shares in the manner contemplated by this Agreement, the execution, delivery and performance of this Agreement by the Company, or the consummation of the transactions contemplated by this Agreement, except for such consents (i) required under the Securities Act and state securities or “Blue Sky” laws or (ii) that, if not obtained, would not, individually or in the aggregate, have a Material Adverse Effect. Section 3.06 Compliance with Laws . As of the date hereof, neither the Company nor any of its Subsidiaries is in violation of any Law applicable to the Company or its Subsidiaries, except as would not, individually or in the aggregate, have a Material Adverse Effect. The Company and its Subsidiaries possess all certificates, authorizations and permits issued by the appropriate regulatory authorities necessary to conduct their respective businesses, except where the failure to possess such certificates, authorizations or permits would not, individually or in the aggregate, have a Material Adverse Effect, and neither the Company nor any such Subsidiary has received any notice of proceedings relating to the revocation or modification of any such certificate, authorization or permit, except where such potential revocation or modification would not, individually or in the aggregate, have a Material Adverse Effect. Section 3.07 Due Authorization . This Agreement has been duly and validly authorized and has been validly executed and delivered by the Company and constitutes (assuming the due authorization, execution and delivery by each other party hereto) the legal, valid and binding obligations of the Company enforceable in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, fraudulent transfer and similar laws affecting creditors’ rights generally or by general principles of equity, including principles of commercial reasonableness, fair dealing and good faith. DM3\6717806.1 9 Section 3.08 Valid Issuance; No Options or Preemptive Rights . The Purchased Shares to be issued and sold by the Company to the Purchasers hereunder have been duly authorized in accordance with the Organizational Documents and, when issued and delivered to the Purchasers against payment therefor pursuant to this Agreement, will be validly issued in accordance with the Organizational Documents, fully paid and non-assessable. No options, warrants or other rights to purchase, agreements or other obligations to issue, or rights to convert any obligations into or exchange any securities for, voting or ownership interests in the Company are outstanding, except as provided for in the Organizational Documents or grants outstanding under an employee benefit plan. Section 3.09 Periodic Reports . The Company has filed all forms, reports, schedules and statements required to be filed by it under the Securities Act and the Exchange Act since December 31, 2018 and when they were filed with the Commission, or to the extent corrected or updated by a subsequent amendment or restatement filed with the Commission, then as so corrected or updated, each such form, report, schedule and statement (i) conformed in all material respects to the requirements of the Securities Act and the Exchange Act, and (ii) did not knowingly contain an untrue statement of a material fact or omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made therein, not misleading; provided that none of the Purchasers had Knowledge of such untrue statement or omission as of the date of such filing, or amendment thereto or restatement thereof, with the Commission. Section 3.10 Litigation . Except (i) for proceedings of which each Purchaser or any of its Representatives is aware, or (ii) as disclosed in the Company’s SEC Documents filed as of the date hereof, there are no legal or governmental proceedings pending to which the Company or any of its Subsidiaries is a party or to which any Property or asset of the Company or its Subsidiaries is subject that could reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect or which challenge the validity of this Agreement or the right of the Company to enter into this Agreement or to consummate the transactions contemplated hereby and, to the Knowledge of the Company, no such proceedings are threatened by Governmental Authorities or others. Section 3.11 No Registration Required . Assuming the accuracy of the representations and warranties of the Purchasers contained in Section 4.04 and Section 4.05, the issuance and sale of the Purchased Shares pursuant to this Agreement is exempt from registration requirements of the Securities Act, and neither the Company nor, to the knowledge of the Company, any authorized Representative acting on its behalf has taken or will take any action hereafter that would cause the loss of such exemption. Section 3.12 Transfer Taxes Purchaser hereunder have been or will be fully paid or provided for by the Company, and all laws imposing such taxes have been or will be complied with. . All stock transfer or other taxes (other than income or similar taxes) which are required to be paid in connection with the sale and transfer of the Purchased Shares to be sold to each Section 3.13 No Material Adverse Change; Absence of Changes; Operations in the Ordinary Course . Except as expressly set forth in the Company SEC Documents, since DM3\6717806.1 10 December 31, 2018 through the date hereof no Material Adverse Effect has occurred. Neither the Company nor any of its Subsidiaries has taken any steps to seek protection pursuant to any law or statute relating to bankruptcy insolvency, reorganization, receivership, liquidation or winding up nor does the Company have any knowledge or reason to believe that any of its or any of its Subsidiaries’ respective creditors intend to initiate involuntary bankruptcy proceedings or any actual knowledge of any fact that would reasonably lead a creditor to do so. The Company and its Subsidiaries, individually and on a consolidated basis, are not as of the date hereof and, after giving effect to the transactions contemplated by this Agreement, will not be Insolvent. Since December 31, 2019, and other than the transactions contemplated by the Transaction Documents, the Company and its Subsidiaries have conducted its business in the ordinary course of business, preserved intact its existence and business organization, permits, goodwill and business relationships with all material customers, suppliers, licensors, distributors and others having significant business relationships with the Company and its Subsidiaries. Section 3.14 Books and Records; Sarbanes-Oxley Compliance . Except as set forth in the Company SEC Documents, the Company maintains systems of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of the Company consolidated financial statements in conformity with GAAP and to maintain accountability for its assets and liabilities, (iii) access to the assets or incurrence of liabilities is permitted only in accordance with management’s general or specific authorization, and (iv) the recorded accountability for assets and liabilities is compared with existing assets and liabilities at reasonable intervals and appropriate action is taken with respect to any differences. (a) The Company has established and maintains disclosure controls and procedures (to the extent required by and as defined in Rules 13a- 15(e) and 15d-15(e) under the Exchange Act), which are designed to provide reasonable assurance that material information required to be disclosed by the Company in reports that it files or submits under the Exchange Act is recorded, processed, summarized and communicated to the Company’s management, including its principal executive officer and principal financial officer, as appropriate, to allow for timely decisions regarding required disclosure. The Company or its predecessor registrant, StoneMor Partners L.P., has carried out evaluations of the effectiveness of its disclosure controls and procedures as of the end of the most recently completed fiscal quarter covered by the Company’s or such predecessor registrant’s periodic reports filed with the Commission, and such disclosure controls and procedures are, except as described in the Company SEC Documents, effective in all material respects to perform the functions for which they were established. (b) rules and regulations promulgated in connection therewith. (c) The Company and its directors or officers, in their capacities as such, are in compliance with all applicable provisions of the Sarbanes-Oxley Act of 2002 and the DM3\6717806.1 11 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF THE PURCHASERS Each of the Purchasers, severally but not jointly and solely with respect to itself, represents and warrants to the Company that: Section 4.01 Existence, Capacity, Authorization and Enforceability . Such Purchaser (i) is duly organized, validly existing and in good standing under the Laws of its jurisdiction of organization and (ii) has the requisite power, and has all material governmental licenses, authorizations, consents and approvals necessary to own its Properties and carry on its business as its business is now being conducted. Such Purchaser has all requisite limited liability company or other similar entity power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. All limited liability company action required to be taken by such Purchaser for the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby has been validly taken. This Agreement has been duly and validly authorized and has been validly executed and delivered by such Purchaser, and constitutes (assuming the due authorization, execution and delivery by the other party hereto), the legal, valid and binding obligations of such Purchaser, enforceable in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, fraudulent transfer and similar laws affecting creditors’ rights generally or by general principles of equity, including principles of commercial reasonableness, fair dealing and good faith. Section 4.02 No Conflict . The execution, delivery and performance of this Agreement by such Purchaser and the consummation by such Purchaser of the transactions contemplated hereby will not (a) conflict with or result in a breach or violation of any of the terms or provisions of, or constitute a default under, any material agreement to which such Purchaser is a party or by which such Purchaser is bound or to which any of the property or assets of such Purchaser is subject, (b) violate any statute, order, rule or regulation of any court or governmental agency or body having jurisdiction over such Purchaser or the property or assets of such Purchaser, or (c) conflict with or result in any violation of the provisions of the organizational documents of such Purchaser, except in the cases of clauses (a) and (b) for such conflicts, breaches, violations or defaults as would not prevent the consummation of the transactions contemplated by this Agreement and the performance of such Purchaser’s obligations under this Agreement. Section 4.03 Certain Fees . No fees or commissions are or will be payable by such Purchaser to brokers, finders, or investment bankers with respect to the purchase of any of the Purchased Shares or the consummation of the transactions contemplated by this Agreement. Such Purchaser agrees that it will indemnify and hold harmless the Company from and against any and all claims, demands, or liabilities for broker’s, finder’s, placement, or other similar fees or commissions incurred by such Purchaser in connection with the purchase of the Purchased Shares or the consummation of the transactions contemplated by this Agreement. Section 4.04 Investment . The Purchased Shares are being acquired for such Purchaser’s own account, not as a nominee or agent, and with no present intention of distributing the Purchased Shares or any part thereof other than the Rights Offering, and such Purchaser has no present intention of selling or granting any participation in or otherwise distributing the same in any transaction in violation of the securities laws of the United States or any state, without prejudice. If such Purchaser should in the future decide to dispose of any of the Purchased Shares, such Purchaser understands and agrees (a) that it may do so only in compliance with the Securities DM3\6717806.1 12 Act, Exchange Act and applicable state securities law, as then in effect, including a sale contemplated by any registration statement pursuant to which such securities are being offered, or pursuant to an exemption from the Securities Act, and (b) that stop-transfer instructions to that effect will be in effect with respect to such securities. Section 4.05 Nature of Purchasers . Such Purchaser represents and warrants to, and covenants and agrees with, the Company that (a) such Purchaser is an -accredited investor- as defined in Rule 501 of Regulation D promulgated by the Commission pursuant to the Securities Act, (b) by reason of its business and financial experience, such Purchaser has such knowledge, sophistication and experience in making similar investments and in business and financial matters so as to be capable of evaluating the merits and risks of the prospective investment in the Purchased Shares, is able to bear the economic risk of such investment and, at the present time, would be able to afford a complete loss of such investment, and (c) it is acquiring the Purchased Shares only for its own account and not for the account of others, for investment purposes and not on behalf of any other account or Person or with a view to, or for offer or sale in connection with, any distribution thereof other than the Rights Offering. Such Purchaser acknowledges that it (i) has access to the Company SEC Documents, (ii) has been provided a reasonable opportunity to ask questions of and receive answers from Representatives of the Company regarding such matters and (iii) has sought such accounting, legal and tax advice as it has considered necessary to make an informed investment decision with respect to the acquisition of the Purchased Shares. Section 4.06 Restricted Securities . Such Purchaser understands that the Purchased Shares are characterized as “restricted securities” under the federal securities Laws in as much as they are being, or will be, as applicable, acquired from the Company in a transaction not involving a public offering and that under such Laws and applicable regulations such securities may be resold without registration under the Securities Act only in certain limited circumstances. Section 4.07 Reliance on Exemptions . Such Purchaser understands that the Purchased Shares are being offered and sold to such Purchaser in reliance upon specific exemptions from the registration requirements of United States federal and state securities laws and that the Company is relying upon the truth and accuracy of, and such Purchaser’s compliance with, the representations, warranties, agreements, acknowledgments and understandings of such Purchaser set forth herein in order to determine the availability of such exemptions and the eligibility of such Purchaser to acquire the Purchased Shares. Section 5.01 Reporting Status . For so long as any shares of Series A Preferred Stock are outstanding, the Company shall use its reasonable best efforts to timely file, and in all cases file, all reports required to be filed with ARTICLE V COVENANTS the Commission pursuant to the Exchange Act. Section 5.02 Use of Proceeds The Company will use the proceeds from the sale of the Purchased Shares for general corporate purposes. DM3\6717806.1 13 Section 5.03 Disclosure of Transaction describing the terms of the transactions contemplated by this Agreement in the form required by the Exchange Act and attaching this Agreement as an exhibit to such filing. In compliance with the Exchange Act, the Company shall file a Current Report on Form 8-K or an Annual Report for the fiscal year ended December 31, 2019 on Form 10-K, in either case, Section 5.04 Rights Offering . As promptly as practicable after the issuance of the Series A Preferred Stock, the Company shall file a registration statement on Form S-1 to effect a rights offering, subject to the terms and conditions in the Commitment Letter, resulting in proceeds to the Company of not less than $17,000,000, whereby the Company will distribute, at no charge, one purchase right (each, a “Right”) per each 0.25 shares of Common Stock to each holder of shares of the Common Stock outstanding and held of record as of a record date to be set by the Board (the “Rights Offering”). Each Right will entitle the holder thereto to purchase one share of Common Stock, which shall be payable by shares (or fraction thereof) of Series A Preferred Stock (valued at the stated value thereof) or $0.73 in cash. The Company shall use its best efforts to complete the Rights Offering as provided in the Commitment Letter as promptly as practicable with an Expiration Time (as defined in the Commitment Letter) of no later than July 24, 2020. Section 5.05 Further Assurances . Each of the Company and the Purchasers shall use its respective reasonable best efforts to obtain all approvals and consents required by or necessary to consummate the transactions contemplated by this Agreement and the Commitment Letter. Each of the Company and the Purchasers agrees to execute and deliver all such documents or instruments, to take all appropriate action and to do all other things it determines to be necessary, proper or advisable under applicable Laws and regulations or as otherwise reasonably requested by the other to consummate the transactions contemplated by this Agreement. Section 6.01 Indemnification by the Company ARTICLE VI INDEMNIFICATION . The Company agrees to indemnify each Purchaser and its Representatives (collectively, “Purchaser Related Parties”) from, and hold each of them harmless against, any and all actions, suits, proceedings (including any investigations, litigation or inquiries), demands, and causes of action, and, in connection therewith, and promptly upon demand, pay or reimburse each of them for all costs, losses, liabilities, damages, or expenses of any kind or nature whatsoever, including, without limitation, the reasonable fees and disbursements of counsel and all other reasonable expenses incurred in connection with investigating, defending or preparing to defend any such matter that may be incurred by them or asserted against or involve any of them as a result of, arising out of, or in any way related to the breach of any of the representations, warranties or covenants of the Company contained herein, provided that such claim for indemnification relating to a breach of the representations or warranties is made prior to the expiration of such representations or warranties to the extent applicable; and provided further, that no Purchaser Related Party shall be entitled to recover special, consequential or punitive damages under this Section 6.01. DM3\6717806.1 14 Section 6.02 Indemnification by the Purchasers . Each Purchaser agrees to indemnify the Company and its Representatives (collectively, “Company Related Parties”) from, and hold each of them harmless against, any and all actions, suits, proceedings (including any investigations, litigation or inquiries), demands, and causes of action, and, in connection therewith, and promptly upon demand, pay or reimburse each of them for all costs, losses, liabilities, damages, or expenses of any kind or nature whatsoever, including, without limitation, the reasonable fees and disbursements of counsel and all other reasonable expenses incurred in connection with investigating, defending or preparing to defend any such matter that may be incurred by them or asserted against or involve any of them as a result of, arising out of, or in any way related to the breach of any of the representations, warranties or covenants of the Purchaser contained herein, provided that such claim for indemnification relating to a breach of the representations and warranties is made prior to the expiration of such representations and warranties to the extent applicable; and provided further, that no Company Related Party shall be entitled to recover special, consequential or punitive damages under this Section 6.02. Section 6.03 Indemnification Procedure . A claim for indemnification for any matter not involving a Third-Party Claim may be asserted by notice to the party from whom indemnification is sought; provided, however, that failure to so notify the indemnifying party shall not preclude the indemnified party from any indemnification which it may claim in accordance with this Article VI, except as otherwise provided in Section 6.01. (a) (b) As soon as reasonably practicable after any Purchaser Related Party or Company Related Party (hereinafter, the “Indemnified Party”) has received notice of any indemnifiable claim hereunder, or the commencement of any action, suit or proceeding by a third person, which the Indemnified Party believes in good faith is an indemnifiable claim under this Agreement (each a “Third- Party Claim”), the Indemnified Party shall give the indemnitor hereunder (the “Indemnifying Party”) written notice of such Third-Party Claim, but failure to so notify the Indemnifying Party will not relieve the Indemnifying Party from any liability it may have to such Indemnified Party hereunder except to the extent that the Indemnifying Party is materially prejudiced by such failure. Such notice shall state the nature and the basis of such Third- Party Claim to the extent then known. The Indemnifying Party shall have the right to defend and settle, at its own expense and by its own counsel who shall be reasonably acceptable to the Indemnified Party, any such matter as long as the Indemnifying Party pursues the same diligently and in good faith. If the Indemnifying Party undertakes to defend or settle, it shall promptly, and in no event later than ten (10) days, notify the Indemnified Party of its intention to do so, and the Indemnified Party shall cooperate with the Indemnifying Party and its counsel in all commercially reasonable respects in the defense thereof and the settlement thereof. Such cooperation of the Indemnified Party shall be at the cost of the Indemnifying Party. After the Indemnifying Party has notified the Indemnified Party of its intention to undertake to defend or settle any such asserted liability, and for so long as the Indemnifying Party diligently pursues such defense, the Indemnifying Party shall not be liable for any additional legal expenses incurred by the Indemnified Party in connection with any defense or settlement of such asserted liability; provided, however, that the Indemnified Party shall be entitled (i) at its expense, to participate in the defense of such asserted liability and the negotiations of the settlement thereof and (ii) if (A) the Indemnifying Party has, within ten (10) Business Days of when the Indemnified Party provides DM3\6717806.1 15 written notice of a Third-Party Claim, failed to assume the defense or employ counsel reasonably acceptable to the Indemnified Party and to notify the Indemnified Party of such assumption or (B) if the defendants in any such action include both the Indemnified Party and the Indemnifying Party and counsel to the Indemnified Party shall have concluded that there may be reasonable defenses available to the Indemnified Party that are different from or in addition to those available to the Indemnifying Party or if the interests of the Indemnified Party reasonably may be deemed to conflict with the interests of the Indemnifying Party, then the Indemnified Party shall have the right to select a separate counsel and to assume such legal defense and otherwise to participate in the defense of such action, with the expenses and fees of such separate counsel and other expenses related to such participation to be reimbursed by the Indemnifying Party as incurred. Notwithstanding any other provision of this Agreement, the Indemnifying Party shall not settle any indemnified claim without the consent of the Indemnified Party, unless the settlement thereof imposes no liability or obligation on, and includes a complete and unconditional release from liability of, and does not include any admission of wrongdoing or malfeasance by, the Indemnified Party or its Affiliates. The remedies provided for in this Section 6.03 are cumulative and are not exclusive of any remedies that may be available to a party at law or in equity or otherwise. Section 6.04 Tax Matters . All indemnification payments under this Article VI shall be adjustments to each Purchaser’s Purchase Price except as otherwise required by applicable Law. Section 7.01 Expenses ARTICLE VII MISCELLANEOUS . Promptly following receipt of an invoice therefor, the Company shall reimburse the Lead Purchaser and its Affiliates for its out-of-pocket expenses (including without limitation, fees and expenses of outside counsel) incurred by the Lead Purchaser and its Affiliates with the purchase of the Purchased Shares; provided, that for U.S. federal income tax purposes, the reimbursements described in Section 7.01 (a) are, and will be treated by the parties as, adjustments to the Purchase Price paid by the Purchasers for the Purchased Shares. Section 7.02 Interpretation and Severability . Article, Section, Schedule and Exhibit references in this Agreement are references to the corresponding Article, Section, Schedule or Exhibit to this Agreement, unless otherwise specified. All Exhibits and Schedules to this Agreement are hereby incorporated and made a part hereof as if set forth in full herein and are an integral part of this Agreement. All references to instruments, documents, Contracts and agreements are references to such instruments, documents, Contracts and agreements as the same may be amended, supplemented and otherwise modified from time to time, unless otherwise specified. The word “including” shall mean “including but not limited to” and shall not be construed to limit any general statement that it follows to the specific or similar items or matters immediately following it. Whenever the Company has an obligation under the Transaction Documents, the expense of complying with that obligation shall be an expense of the Company unless otherwise specified. Any reference in this Agreement to “$” shall mean U.S. dollars. Whenever any determination, consent or approval is to be made or given by a Purchaser, such action shall be in such Purchaser’s sole discretion, unless otherwise specified in this Agreement. DM3\6717806.1 16 If any provision in the Transaction Documents is held to be illegal, invalid, not binding or unenforceable, (a) such provision shall be fully severable and the Transaction Documents shall be construed and enforced as if such illegal, invalid, not binding or unenforceable provision had never comprised a part of the Transaction Documents, and the remaining provisions shall remain in full force and effect so long as this Agreement as so modified continues to express, without material change, the original intentions of the parties as to the subject matter hereof and the prohibited nature, invalidity or unenforceability of the provision(s) in question does not substantially impair the respective expectations or reciprocal obligations of the parties or the practical realization of the benefits that would otherwise be conferred upon the parties. The parties will endeavor in good faith negotiations to replace the prohibited, invalid or unenforceable provision(s) with a valid provision(s), the effect of which comes as close as possible to that of the prohibited, invalid or unenforceable provision(s), and (b) the parties hereto shall negotiate in good faith to modify the Transaction Documents so as to effect the original intent of the parties as closely as possible in an acceptable manner in order that the transactions contemplated hereby are consummated as originally contemplated to the greatest extent possible. When calculating the period of time before which, within which or following which any act is to be done or step taken pursuant to the Transaction Documents, the date that is the reference date in calculating such period shall be excluded. If the last day of such period is a non-Business Day, the period in question shall end on the next succeeding Business Day. Any words imparting the singular number only shall include the plural and vice versa. The words such as “herein,” “hereinafter,” “hereof” and “hereunder” refer to this Agreement as a whole and not merely to a subdivision in which such words appear unless the context otherwise requires. The provision of a Table of Contents, the division of this Agreement into Articles, Sections and other subdivisions and the insertion of headings are for convenience of reference only and shall not affect or be utilized in construing or interpreting this Agreement. Section 7.03 Survival of Provisions . The representations and warranties set forth in Section 3.01, Section 3.02, Section 3.04, Section 3.05, Section 3.08, Section 4.01, Section 4.03 and Section 4.05 hereunder shall survive the execution and delivery of this Agreement indefinitely, (B) the representations and warranties set forth in Section 3.12 shall survive until the date that is 60 days after the expiration of the applicable statute of limitation and (C) the other representations and warranties set forth herein shall survive for a period of eighteen (18) months following the date hereof, regardless of any investigation made by or on behalf of the Company or the Purchasers. The covenants made in this Agreement or any other Transaction Document shall survive the Closing and remain operative and in full force and effect regardless of acceptance of any of the Purchased Shares and payment therefor and repayment, conversion or repurchase thereof. Section 7.04 No Waiver; Modifications in Writing . Delay. No failure or delay on the part of any party in exercising any right, power or remedy hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, power or remedy preclude any other or further exercise thereof or the exercise of any other right, power or remedy. The remedies provided for herein are cumulative and are not exclusive of any remedies that may be available to a party at law or in equity or otherwise. (a) DM3\6717806.1 17 Specific Waiver. Except as otherwise provided herein, no amendment, waiver, consent, modification or termination of any provision of any Transaction Document shall be effective against a Purchaser unless signed by such Purchaser. Any amendment, supplement or modification of or to any provision of any Transaction Document, any waiver of any provision of any Transaction Document and any consent to any departure by the Company from the terms of any provision of any Transaction Document shall be effective only in the specific instance and for the specific purpose for which made or given. Except where notice is specifically required by this Agreement, no notice to or demand on the Company in any case shall entitle the Company to any other or further notice or demand in similar or other circumstances. Any investigation by or on behalf of any party shall not be deemed to constitute a waiver by the party taking such action of compliance with any representation, warranty, covenant or agreement contained herein. (b) Section 7.05 Binding Effect Agreement shall not be construed so as to confer any right or benefit upon any Person other than the parties to this Agreement and their respective successors and permitted assigns. . This Agreement shall be binding upon the Company, each of the Purchasers and their respective successors and permitted assigns. Except as expressly provided in this Agreement, this Section 7.06 Non-Disclosure . The Company agrees that the Purchasers may (i) publicize their ownership in the Company, as well as the identity of the Company, the size of the investment and its pricing terms with respect to the Series A Preferred Stock on its internet site or in marketing materials, press releases, published “tombstone” announcements or any other print or electronic medium or in any regulatory filing and (ii) display the Company’s logo in conjunction with any such reference. Section 7.07 Communications delivery or personal delivery to the following addresses: . All notices and demands provided for hereunder shall be in writing and shall be given by registered or certified mail, return receipt requested, email, air courier guaranteeing overnight (a) If to a Purchaser, to the address set forth on Schedule A, with a copy to (which shall not constitute notice): Schulte Roth & Zabel LLP 919 Third Avenue New York, NY 10022 Attention: Stuart D. Freedman Email: stuart.freedan@srz.com (b) If to the Company: StoneMor Inc. 3600 Horizon Boulevard Trevose, PA 19053 Attention: Austin So Email: aso@stonemor.com DM3\6717806.1 18 with a copy (which shall not constitute notice): Duane Morris LLP 30 South 17th Street Philadelphia, PA 19103 Attention: Thomas G. Spencer Email: tgspencer@duanemorris.com or to such other address as the Company or the Purchasers may designate in writing. All notices and communications shall be deemed to have been duly given: at the time delivered by hand, if personally delivered; upon actual receipt if sent by certified or registered mail, return receipt requested, or regular mail, if mailed; upon actual receipt of the overnight courier copy, upon actual receipt if sent via email; and upon actual receipt when delivered to an air courier guaranteeing overnight delivery. Section 7.08 Entire Agreement . This Agreement, the other Transaction Documents and the other agreements and documents referred to herein are intended by the parties as a final expression of their agreement and intended to be a complete and exclusive statement of the agreement and understanding of the parties hereto in respect of the subject matter contained herein and therein. There are no restrictions, promises, warranties or undertakings, other than those set forth or referred to herein, the other Transaction Documents or the other agreements and documents referred to herein with respect to the rights granted by the Company or any of its Affiliates or the Purchasers or any of their respective Affiliates set forth herein or therein. Section 7.09 Governing Law; Submission to Jurisdiction . This Agreement, and all claims or causes of action (whether in contract or tort) that may be based upon, arise out of or relate to this Agreement or the negotiation, execution or performance of this Agreement (including any claim or cause of action based upon, arising out of or related to any representation or warranty made in or in connection with this Agreement), will be construed in accordance with and governed by the laws of the State of New York without regard to principles of conflicts of laws. Any action against any party relating to the foregoing shall be brought in any federal or state court of competent jurisdiction located within the State of New York, and the parties hereto hereby irrevocably submit to the non-exclusive jurisdiction of any federal or state court located within the State of New York over any such action. The parties hereby irrevocably waive, to the fullest extent permitted by applicable Law, any objection which they may now or hereafter have to the laying of venue of any such dispute brought in such court or any defense of inconvenient forum for the maintenance of such dispute. Each of the parties hereto agrees that a judgment in any such dispute may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by Law. Section 7.10 Waiver of Jury Trial . THE PARTIES TO THIS AGREEMENT EACH HEREBY WAIVES, AND AGREES TO CAUSE ITS AFFILIATES TO WAIVE, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY RIGHT TO TRIAL BY JURY OF ANY CLAIM, DEMAND, ACTION OR CAUSE OF ACTION (a) ARISING UNDER THIS AGREEMENT OR (b) IN ANY WAY CONNECTED WITH OR RELATED OR INCIDENTAL TO THE DEALINGS OF THE PARTIES HERETO IN RESPECT OF THIS AGREEMENT OR ANY OF THE TRANSACTIONS RELATED HERETO, IN EACH CASE WHETHER NOW DM3\6717806.1 19 EXISTING OR HEREAFTER ARISING, AND WHETHER IN CONTRACT, TORT, EQUITY OR OTHERWISE. THE PARTIES TO THIS AGREEMENT EACH HEREBY AGREES AND CONSENTS THAT ANY SUCH CLAIM, DEMAND, ACTION OR CAUSE OF ACTION SHALL BE DECIDED BY COURT TRIAL WITHOUT A JURY AND THAT THE PARTIES TO THIS AGREEMENT MAY FILE AN ORIGINAL COUNTERPART OF A COPY OF THIS AGREEMENT WITH ANY COURT AS WRITTEN EVIDENCE OF THE CONSENT OF THE PARTIES HERETO TO THE WAIVER OF THEIR RIGHT TO TRIAL BY JURY. Section 7.11 Exclusive Remedy . Each party hereto hereby acknowledges and agrees that the rights of each party to consummate the transactions contemplated hereby are special, unique and of extraordinary character and that, if any party violates or fails or refuses to perform any covenant or agreement made by it herein, the non-breaching party may be without an adequate remedy at law. If any party violates or fails or refuses to perform any covenant or agreement made by such party herein, the non-breaching party subject to the terms hereof, may institute and prosecute an action in any court of competent jurisdiction to enforce specific performance of such covenant or agreement or seek any other equitable relief. (a) The sole and exclusive remedy for the Purchasers for any and all claims arising under, out of, or related to this Agreement or the transactions contemplated hereby, excluding for the avoidance of doubt, the failure of any of the representations or warranties contained in any Transaction Document other than this Agreement to be true and correct as of the date made, shall be the rights of indemnification set forth in Article VI only, and no Purchaser will have any other entitlement, remedy or recourse, whether in contract, tort or otherwise, it being agreed that all of such other remedies, entitlements and recourse are expressly waived and released by the Purchasers to the fullest extent permitted by Law. Notwithstanding anything in the foregoing to the contrary, nothing in this Agreement shall limit or otherwise restrict a fraud claim brought by any party hereto or the right to seek specific performance pursuant to Section 7.11(a). (b) Section 7.12 No Recourse Against Others . All claims, obligations, liabilities or causes of action (whether in contract or in tort, in law or in equity, or granted by statute) that may be based upon, in respect of, arise under, out or by reason of, be connected with or relate in any manner to this Agreement, or the negotiation, execution or performance of this Agreement (including any representation or warranty made in, in connection with, or as an inducement to, this Agreement), may be made only against (and are expressly limited to) the Company and the Purchasers. No Person other than the Company or the Purchasers, including no member, partner, stockholder, Affiliate or Representative thereof, nor any member, partner, stockholder, Affiliate or Representative of any of the foregoing, shall have any liability (whether in contract or in tort, in law or in equity, or granted by statute) for any claims, causes of action, obligations or liabilities arising under, out of, in connection with or related in any manner to this Agreement or based on, in respect of or by reason of this Agreement or its negotiation, execution, performance or breach; and, to the maximum extent permitted by Law, each of the Company and the Purchasers hereby waives and releases all such liabilities, claims, causes of action and obligations against any such third Person. (a) DM3\6717806.1 20 Without limiting the foregoing, to the maximum extent permitted by Law, (i) each of the Company and the Purchasers hereby waives and releases any and all rights, claims, demands or causes of action that may otherwise be available at law or in equity, or granted by statute, to avoid or disregard the entity form of the other or otherwise impose liability of the other on any third Person, whether granted by statute or based on theories of equity, agency, control, instrumentality, alter ego, domination, sham, single business enterprise, piercing the veil, unfairness, undercapitalization or otherwise; and (ii) each of the Company and the Purchasers disclaims any reliance upon any third Person with respect to the performance of this Agreement or any representation or warranty made in, in connection with or as an inducement to this Agreement. (b) Section 7.13 No Third-Party Beneficiaries . Nothing in this Agreement, express or implied, is intended to or shall confer upon any Person, other than the Company, the Purchasers, for purposes of Section 7.11 only, any member, partner, stockholder, Affiliate or Representative of the Company or the Purchasers, or any member, partner, stockholder, Affiliate or Representative of any of the foregoing, any right, benefit or remedy of any nature whatsoever under or by reason of this Agreement. Section 7.14 Execution in Counterparts deemed to be an original and all of which counterparts, taken together, shall constitute but one and the same Agreement. . This Agreement may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which counterparts, when so executed and delivered, shall be DM3\6717806.1 [Signature pages follow.] 21 IN WITNESS WHEREOF, the parties hereto execute this Agreement, effective as of the date first above written. STONEMOR INC. By: Name: Title: /s/ Joseph M. Redling Joseph M. Redling President and Chief Executive Officer DM3\6717806.1 [Signature Page to Series A Preferred Stock Purchase Agreement] PURCHASERS AXAR CL SPV LLC By: By: Name: Title: Axar Capital Management LP its Investment Manager /s/ Andrew M. Axelrod Andrew Axelrod Authorized Signatory, BLACKWELL PARTNERS LLC – SERIES E, solely with respect to the assets for which Axar Capital Management LP acts as its Investment Manager By: By: Name: Title: Axar Capital Management LP its Investment Manager /s/ Andrew M. Axelrod Andrew Axelrod Authorized Signatory, STAR V PARTNERS LLC By: By: Name: Title: Axar Capital Management LP its Investment Manager /s/ Andrew M. Axelrod Andrew Axelrod Authorized Signatory, DM3\6717806.1 [Signature Page to Series A Preferred Stock Purchase Agreement] Purchaser and Address AXAR CL SPV LLC c/o Axar Capital Management, LP 1330 Avenue of the Americas, 30th Floor New York, NY 10019 Attention: Andrew Axelrod E-mail: aaxelrod@axarcapital.com BLACKWELL PARTNERS LLC – Series E c/o Axar Capital Management, LP 1330 Avenue of the Americas, 30th Floor New York, NY 10019 Attention: Andrew Axelrod E-mail: aaxelrod@axarcapital.com STAR V PARTNERS LLC c/o Axar Capital Management, LP 1330 Avenue of the Americas, 30th Floor New York, NY 10019 Attention: Andrew Axelrod E-mail: aaxelrod@axarcapital.com DM3\6717806.1 Schedule A Purchase Price Allocation Series A Preferred Stock Funding Obligation 118 30 28 $5,900,000 $1,500,000 $1,400,000 Exhibit A Certificate of Designations See Exhibit 3.2 to StoneMor Inc. Annual Report on Form 10-K for Fiscal Year Ended December 31, 2019. DM3\6717806.1 (Back To Top) Section 12: EX-10.46 (EX-10.46) MASTER SERVICES AGREEMENT (UNIONIZED LOCATIONS) BY AND BETWEEN STONEMOR OPERATING LLC AND RICKERT LANDSCAPING, INC. 1 Exhibit 10.46 MASTER SERVICES AGREEMENT (UNIONIZED LOCATIONS) This MASTER SERVICES AGREEMENT (UNIONIZED LOCATIONS) (“Master Agreement”) is entered into on April 2, 2020 and made effective as of April 1, 2020 (the “Effective Date”), by and between STONEMOR OPERATING LLC, a Delaware limited liability company (together with its successors or assigns, “Customer”), and RICKERT LANDSCAPING, INC., a Pennsylvania corporation (“Supplier”), an Affiliate of Moon Landscaping, Inc., a Pennsylvania corporation (“Moon”). RECITALS 1. 2. 3. 4. Having completed one or more Pilot Periods (as defined in those certain Transition Services Agreements executed by Customer and Moon prior to the date hereof (the “Transition Services Agreements”)), Customer and Supplier now desire to enter into this Master Services Agreement (Unionized Locations), pursuant to which Customer is engaging Supplier to develop, implement and provide all manner of property management and operational services at each of the funeral homes, cemeteries and other properties owned by Customer, the locations of which are identified on Schedule 1 attached hereto and made a part hereof (the “Properties”), in accordance with the roll-out schedule attached hereto as Schedule 1. The Properties covered by this Master Agreement represent properties where certain of the personnel currently employed by Customer are represented by a union (individually and collectively, the “Union”). Subject to the terms of this Master Agreement, Supplier agrees to make an offer of employment to certain of Customer’s employees, including those personnel represented by a Union. In connection therewith, Supplier agrees to recognize the Union and adopt each and every collective bargaining agreement to which Union and Customer are bound or enter into new collective bargaining agreements with Union (individually and collectively, the “Collective Bargaining Agreement”). Rickert Landscaping, Inc. and Moon Landscaping, Inc. are Affiliated entities commonly owned and controlled by the same parent entity (“Parent”). Rickert Landscaping, Inc. is the entity Parent has designated to handle all Union matters, including entering into or adopting Collective Bargaining Agreements; accordingly, Rickert Landscaping, Inc. is entering into this Master Services Agreement for the provision of Services at Customer’s unionized locations. Concurrently with the execution of this Master Agreement, Customer has entered into a Master Services Agreement with Moon for the provision of Services at Customer’s non-unionized locations. The purpose and objective of this Agreement is to consolidate all of Customer’s property management and operational responsibilities under one entity, utilizing trained personnel and customized business processes and systems. Supplier has developed, implemented and provided the Services to Customer at certain Pilot Locations (as defined in the Transition Services Agreements) on a scale similar to that contemplated in this Agreement; has the trained personnel and the business processes and systems necessary to provide the Services to Customer; and desires to provide such Services to Customer. 2 AGREEMENT NOW, THEREFORE, in consideration of the mutual covenants and promises made by the parties hereto, Customer and Supplier mutually agree to the following terms and conditions: 1. Structure of Agreement. The Parties agree to the terms and conditions set forth in this Master Agreement and in the Statement of Work executed by the Parties referencing this Master Agreement. The Statement of Work is incorporated into this Master Agreement, and the applicable portions of this Master Agreement are incorporated into the Statement of Work. The Statements of Work and this Master Agreement are herein collectively referred to as the “Agreement.” (a) Components of the Agreement. The Agreement consists of: (i) (ii) (iii) the provisions set forth in this Master Agreement and the Exhibits and Schedules referenced herein; the Statement of Work attached hereto as Exhibit B (Statement of Work) and the Schedules referenced therein, with such additions, deletions and modifications as the Parties may agree; and any additional Statements of Work executed by the Parties pursuant to this Master Agreement, including the Schedules referenced in each such Statement of Work. (b) (c) (d) Definitions. All capitalized terms used in the Agreement shall have the meanings set forth in Exhibit A (Definitions). Other capitalized terms used in the Agreement are defined where they are used and have the meanings so indicated. Statements of Work. The Services will be described in and be the subject of (i) one or more Statements of Work executed by the Parties pursuant to this Master Agreement, and (ii) this Master Agreement. Deviations from Master Agreement, Priority. In the event of a conflict, the terms of the Statements of Work shall be governed by the terms of this Master Agreement, unless an individual Statement of Work expressly and specifically notes the deviations from the terms of this Master Agreement. In the event of a conflict, the terms of each Statement of Work shall govern the terms of the Schedules referenced therein. In the event of a conflict, the terms of this Master Agreement shall govern the terms of the Exhibits referenced herein. 2. 3. Term of Agreement. The Term of the Agreement will begin as of the Effective Date and will terminate at 11:59 pm Eastern Daylight Time on December 31, 2024, unless terminated earlier pursuant to Section 17 of this Agreement. The Services. For purposes of this Agreement, “Services” means (i) services, functions, responsibilities, activities, tasks and projects to be performed by Supplier set forth in the Agreement, as they may evolve and be supplemented and enhanced during the Term; (ii) the functions, responsibilities, activities, tasks and projects not specifically described in the Agreement as a part of Services which are required for the proper performance and provision of the Services or are an inherent part of, or necessary subpart included within, the Services; 3 (iii) services, functions, responsibilities, activities, tasks and projects that are of a nature and type that would ordinarily be performed by a company in the Customer’s industry sector, even if not specifically described in the Agreement; and (iv) services, functions, responsibilities, activities, tasks and projects routinely performed by the Customer personnel and subcontractors who are transitioned to Supplier, displaced or whose functions were displaced as a result of the Agreement, even if not specifically described in the Agreement. (a) Obligation to Provide Services; Scheduling. (i) (ii) Obligation to Provide Services. Starting on the Effective Date and continuing during the Term, Supplier shall provide the Services described in the Statement of Work to, and perform the Services for, Customer in accordance with the Statement of Work and the Agreement. Responsibilities. Supplier and Customer will each perform their respective duties, obligations and responsibilities (“Responsibilities”) as set forth in each Statement of Work. Customer’s failure to perform a Responsibility will excuse Supplier’s obligation to perform its corresponding obligations under the Agreement only if Supplier provides written notice to Customer of such failure and demonstrates that: (i) Customer’s failure was the direct cause of Supplier’s inability to perform; and (ii) Supplier could not have continued performance by using reasonable methods, activities and procedures. In the event of (i) and (ii), Supplier will be excused from performance of those Services impacted by Customer’s failure to perform only to the extent that, and for so long as, Customer’s failure to perform its Responsibilities prevents Supplier’s performance, and provided that Supplier takes reasonable steps to mitigate the effects of Customer’s failure to perform. (iii) Scheduling and Communication. Customer and Supplier shall schedule Services and track the completion of Services through a mutually acceptable scheduling and performance tracking tool (e.g., Smartsheet), pursuant to which: (A) (B) (C) (D) Customer will be responsible for task requests, quality standards and timeline requirements; Supplier will be responsible for task scheduling, resource allocation, and current/completion status; Each party to assign dedicated resources to manage and maintain access, system privileges and capabilities for their employees; and Both parties to embed mutually agreeable performance metrics and customer complaint resolution requirements in the scheduling and performance-tracking tool. Customer and Supplier agree that Services will be performed in accordance with the Work Order Management System (“WOMS”) attached hereto as Schedule 2, including the Quality Standards described therein. The WOMS has been prepared by Customer and accepted by Supplier. Any proposed updates thereto, which, from time to time, may be necessary to reflect any substantive changes therein, will also be prepared by Customer and provided to Supplier (either in print or electronic 4 formats) within a reasonable time prior to the implementation of such changes. Either Party may, from time to time, request updates or amendments to the WOMS. (iv) Critical, Time-Sensitive Services; Self-Remedy. If there is a critical and time-sensitive customer or safety-related Service (e.g., burial) that Supplier is unable to timely perform and/or deliver, and Customer has exhausted all available escalation pathways with Supplier, then, in order to ensure that such Service is handled timely, Customer shall have the right to perform and/or deliver such Service, or engage a Third Party to do so, and all costs and expenses associated therewith that are incurred by Customer will be Supplier’s responsibility and will be deducted from the next Service Fee installment due Supplier. (b) Compliance with Laws and Policies. (i) Generally. Supplier shall perform the Services in compliance with: (A) (B) (C) all Laws applicable to Supplier in its performance and delivery of the Services; all Laws applicable to the portion of the operations of the Customer performed by Supplier as part of the Services, just as if the Customer performed the Services itself, as interpreted, augmented and/or modified by the Customer Compliance Directives (collectively, the “Customer Compliance Requirements”); and all policies and procedures of general application of the Customer as published by Customer from time to time and delivered to Supplier. (ii) (iii) Customer Compliance Directives. From time to time Customer may instruct Supplier in writing as to compliance with any of the Customer Compliance Requirements and changes in Supplier’s policies and procedures relating to such compliance (a “Customer Compliance Directive”). Supplier is authorized to act and rely on, and shall promptly implement, each Customer Compliance Directive in the performance and delivery of the Services, subject to the provisions of Section 3(b)(iii) below. Regulatory Changes. Supplier shall, with Customer’s approval and at Supplier’s expense, conform the Services in a timely manner to any changes in the compliance matters referred to in Section (A) above. Supplier shall also, with Customer’s approval, conform the Services in a timely manner to any change in Customer Compliance Requirements (including Customer Compliance Directives). (c) Procedures Manuals; Training. (i) Content. Supplier shall perform the Services in accordance with the policies and procedures documented in an operational procedures manual to be developed by Supplier (which may include video-taped training materials) on or before May 1, 2020, and subject to the review and written approval of Customer (as approved by Customer, each, a “Procedures Manual”). Procedures Manuals shall be written explicitly and comprehensively enough to enable the Customer to readily understand the Services Supplier is to perform and how such Services will be performed. 5 (ii) Updates. Supplier will be responsible for the preparation of the Procedures Manuals and will prepare and provide to Customer, in both print and electronic formats, proposed updates thereto as necessary to reflect any substantive changes therein within a reasonable time prior to the implementation of such changes. Either Party may, from time to time, request updates or amendments to the Procedures Manuals. (d) (e) Performance and Service Levels; Partner Meetings. Supplier agrees that the performance of the Services will meet or exceed the “Success Metrics” set forth on Exhibit C attached hereto, and the Service level specifications described in (or attached as a Schedule to) the Statement of Work. In order to evaluate the quality of the Services during the Term, and to identify changes and/or improvements to the overall program, Customer and Supplier will attend monthly review meetings to discuss, among other things, the timing and status of the roll-out schedule, potential changes to the Statement of Work or the Service level specifications, New Services (if any), program improvements and expectations. In addition, Customer and Supplier will attend quarterly business review meetings with executive- level representatives of each Party to discuss, among other things, growth opportunities, program improvements and expectations. Disaster Recovery Services. Supplier shall, within thirty (30) days of the Effective Date or such later timeframe as may be approved by Customer, develop a Disaster Recovery Plan adapted to the provision of the Services, which Supplier shall have the capacity to execute and perform. The Disaster Recovery Plan shall be subject to the review, audit and written approval of Customer. Supplier agrees to implement, maintain and improve the Disaster Recovery Plan as necessary to keep the plan current with applicable industry standards and best practices, or as otherwise necessary to satisfy Supplier’s obligations under the Agreement. Prior to implementing any material change to the Disaster Recovery Plan, Supplier will provide Customer a copy of such change for Customer’s consent. Upon Supplier’s determination of a disaster or the possibility of the occurrence of a disaster situation, Supplier shall promptly notify Customer and implement the Disaster Recovery Plan. During any disaster, Supplier will notify Customer daily of the status of the disaster. During a disaster, Supplier will not give greater priority to any of its other customers in its recovery efforts than it gives to the Customer. Upon conclusion of a disaster, Supplier will as soon as reasonably practicable, provide Customer with an incident report detailing the reason for the disaster and all actions taken by Supplier to resolve and/or respond to the disaster. (f) Hazardous Materials. (i) (ii) Supplier shall not bring any hazardous materials onto the Properties, except for those used in the ordinary course of landscape services. All hazardous materials brought onto the Properties by Supplier shall be used and disposed of in full compliance with all applicable local, county, state and federal governmental laws and regulations and manufacturer directions. For minor releases of hazardous materials (immaterial quantities of gasoline, oil, antifreeze, etc.), Supplier staff shall: (A) Immediately call the appropriate Customer representative at the affected Property to report the spill and document the release of hazardous materials at the location; and 6 (B) Use the spill kit (if available at the Property) to clean up the spill (all foreman are to be trained in minor spill containment). (iii) In case of a large release, Supplier staff shall immediately report the release to the local fire department or other applicable local agency/department, Supplier’s manager, and the appropriate Customer representative at the affected Property. The fire department or other applicable local agency/department will, at Supplier’s expense if applicable, take over the incident and do one of the following: (A) (B) Contain the release of hazardous materials to their ability; or Contact a qualified contractor, who will be paid by Supplier to handle larger releases that the fire department or other applicable local agency/department is not capable of handling. (iv) For all spills, Supplier shall, at its expense: (A) (B) (C) (D) Evacuate employees and bystanders from the area immediately; Ensure all people avoid contact with the hazardous materials; Control the release to the level of its staff’s training; and Retain a qualified contractor or vendor to properly dispose of the hazardous material and document the disposal in accordance with applicable laws or regulations and perform any remediation required by applicable laws or regulations as a result of such release. 4. New Services. During the Term, Customer may request that Supplier provide New Services. New Services may be activities that are performed on a continuous basis for the remainder of the Term or activities that are performed on a project basis. If, after review of the Statement(s) of Work, it is determined that the service could qualify as an existing Service, then the Parties will treat such service as an existing Service and Supplier will perform such service in accordance with its existing obligation to perform the Services. If the service does not qualify as an existing Service, then that service will be deemed a New Service. To request a New Service, Customer will deliver to Supplier a written request with reasonable detail regarding such service through the scheduling and performance tracking tool described in Section 3(a)(iii) above (the “New Service Request”). Upon receipt of Customer’s New Service Request, Supplier may prepare and deliver to Customer a written statement (the “New Service Response”) describing any changes in products, services, assignment of personnel and other resources that Supplier believes would be required. No New Service implementation shall occur without the mutual agreement of the Parties to the terms and conditions of such New Service including any additional Service Fee associated therewith. Any agreement of the Parties with respect to New Services will be in writing, will constitute an amendment to the Agreement and shall also become a “Service” and be reflected in a new Statement of Work hereto or in an amendment to the existing Statement of Work hereunder. 5. Vehicle and Equipment Leasing. The Parties agree that Supplier has leased or will lease from Customer the vehicles and equipment used to service the Properties, identified on Schedule 3 attached hereto (collectively, the “Vehicles and Equipment”), for the duration of the Term. 7 6. 7. During the Term, Supplier shall at its sole cost and expense (i) maintain the Vehicles and Equipment in good operating condition, subject to normal wear and tear, and (ii) undertake all repairs and preventive maintenance on the Vehicles and Equipment in accordance with the applicable manufacturer’s recommendations. With respect to those Vehicles and Equipment that may be leased by Customer from third parties, Supplier agrees to utilize said Vehicles and Equipment in a manner that does not render Customer in default under such third party leases. Customer shall be responsible for insuring the Vehicles and Equipment for the duration of the term. Notwithstanding anything to the contrary set forth herein, Customer and Supplier acknowledge and agree that Supplier has been leasing certain of the Vehicles and Equipment since the “Effective Date” identified in each of the prior Transition Services Agreements, and that each party’s respective obligations relative thereto commenced as of such “Effective Date” and will continue for the duration of the Term of this Agreement in accordance with the provisions set forth herein. Customer will transfer title to all Vehicles and Equipment then owned by Customer to Supplier at the expiration of the Term on December 31, 2024, and thereafter, Supplier shall be solely responsible for all such Vehicles and Equipment. Services Performed by Customer or Third Parties. Supplier is engaged by Customer on a non-exclusive basis to provide the Services under the Agreement. Accordingly, Customer retains the right, exercisable in its sole discretion, to perform itself, or retain Third Parties to perform, any service, function, responsibility, activity or task that is within the scope of the Services or would constitute a New Service. Service Fee; Property Enhancement Budgets: For Services performed during the Term of this Agreement, Customer shall pay Supplier a bi-monthly service fee in the amount set forth on the Pricing Schedule attached hereto as Schedule 4 (the “Service Fee”), which Service Fee is inclusive of all applicable taxes (including sales tax). Invoices shall be due from Supplier on the first (1st) and fifteenth (15th) day of each calendar month, and shall be processed and paid by Customer in the nearest following accounts payable processing cycle. The Service Fee may be increased by mutual consent of the parties if (1) Customer acquires additional Properties for which Services are needed, or (2) there is a material increase in the scope of Services described in the Statement of Work attached hereto. The Service Fee may be decreased, but only at Customer’s direction, if (1) Customer sells or otherwise disposes of any of the Properties for which Services are being provided, in which event the Service Fee will be decreased by the amount allocated to said Property or Properties as set forth on Schedule 4 attached hereto (subject to the year over year adjustments reflected on Schedule 4), or (2) there is a material reduction in the scope of Services described in the Statement of Work attached hereto, in which event the Service Fee will be decreased by an amount mutually agreed to by Customer and Supplier. Customer and Supplier shall meet in the fourth quarter of each calendar year to establish a mutually acceptable property enhancement budget for the Properties then covered by this Agreement (each a “Property Enhancement Budget”). The Property Enhancement Budget shall identify for the following calendar year additional modest Property-specific 8 beautification, appearance enhancing or efficiency-driven projects, together with pricing and timelines associated with these activities, which are outside the normal scope of Services. To the extent there are any additional costs and expenses associated with the projects identified in the Property Enhancement Budget, the parties will cooperate with each other in good faith to determine how such costs and expenses will be allocated between the parties. 8. Employees. (a) (b) (c) (d) (e) (f) Customer shall identify the personnel currently employed by Customer who perform functions related to the Services, and whose positions will be displaced as a result of the Agreement. Supplier agrees to make an offer of employment to each of the employees so identified, it being understood and agreed that Supplier’s offer of employment will reflect benefits and compensation that are commensurate with those currently offered by Customer to said employees in order to minimize, to the fullest extent possible, employee attrition as a result of the transition contemplated herein. Employees who accept such offers of employment (each, a “Rehired Employee”) shall become an employee of Supplier as of the Effective Date. Effective as of the Effective Date, all Rehired Employees shall become employees of Supplier and shall cease to be employees of Customer. Supplier shall be solely liable for all liabilities and obligations arising out of the employment of such Rehired Employees that arise after the Effective Date, and Customer shall remain liable, to the extent required by applicable Law, for all liabilities and obligations arising out of the employment of such Rehired Employees accrued up to but not including the Effective Date. For the avoidance of doubt, as to those Rehired Employees engaged by Supplier prior to the date hereof pursuant to the Transition Services Agreements, the term “Effective Date” as used in the preceding sentence shall mean the Effective Date identified in each of the prior Transition Services Agreements. Supplier acknowledges and agrees that Rehired Employees may include personnel represented by a Union. Supplier covenants and agrees to recognize the Union and adopt the Collective Bargaining Agreement or enter into a new Collective Bargaining Agreement with Union to the extent so required. Supplier and its employees, affiliates, agents, contractors and subcontractors shall conduct themselves with an appropriate level of decorum when entering, conducting work at, and leaving the Properties and shall perform all Services and New Services in a manner that does not unreasonably disrupt, interfere with or disturb the conduct of Customer’s business or the use or enjoyment of the Properties by Customer or its invitees, licensees or permittees. Supplier shall provide all labor, material, equipment and fully-trained personnel necessary to perform the Services at the Properties. Supplier shall perform driving and criminal backgrounds on all employees (including all temporary employees or independent consultants) before entry onto the Properties and annually thereafter. Supplier is responsible for its employees’ behavior and appropriate appearance at all times, and will require its employees to act professionally and courteously. Supplier shall 9 maintain strict discipline among its employees, affiliates, agents, contractors and subcontractors at all times and will only employ persons with sufficient skill, training, ongoing safety training and experience to perform the tasks for which they are employed. Supplier shall have an experienced supervisor on-site at all times when the Services are performed and such supervisor should be bilingual as necessary. Supplier shall provide its employees with appropriate uniforms, the style and color of which have been approved by the Customer. Supplier is responsible for its own tools and equipment, their maintenance, and ensuring that all equipment remains in proper working order. Supplier shall be responsible for ensuring that its employees, affiliates, agents, contractors and subcontractors have received proper training and the appropriate personal protective equipment (such as hard hats, back belts and ear protection) to ensure safety and compliance with all applicable local, county, state and federal governmental laws and regulations (including, without limitation, OSHA). All Services shall be performed in a good and workmanlike manner and in accordance with applicable local, county, state and federal governmental laws and regulations (including, without limitation, OSHA) and applicable professional horticulture standards, using appropriately trained, uniformed, and supervised personnel, and properly maintained equipment. Any substances applied as part of the Services (including, without limitation, fertilizers, pesticides and herbicides) shall be applied strictly in accordance with all applicable local, county, state and federal governmental laws and regulations by properly licensed personnel, and in accordance with the manufacturer’s directions. Supplier shall (and shall cause all subcontractors to), at Supplier’s expense, maintain all applicable licenses and permits necessary for the Services. Supplier shall provide proof of such licenses upon request. (g) (h) (i) (j) (k) (l) (m) 9. Engagement of Third Parties by Supplier. If, in the performance of the Services, Supplier determines that it must retain one or more Third Parties to perform certain work, the cost of which exceeds $500.00, Supplier shall notify Customer and Customer shall have the right to approve such engagement, except to the extent the engagement is necessary in the event of an Emergency (as defined below) If Supplier needs to engage the services of a Third Party in the event of an Emergency and such engagement would be subject to Customer approval as set forth above, Supplier will use commercially reasonable efforts to obtain such approval; provided, however, if Supplier is unable to obtain Customer approval either because a Customer representative is unavailable or the nature of the Emergency is such that it requires immediate action, Supplier will be authorized to expend costs and expenses in excess of $500.00 to the extent necessary to mitigate the impact or consequence of the event on the other Party or the Property and/or 10 stabilize the Emergency. “Emergency” shall mean circumstances in which Supplier believes that human life or the Property is in imminent danger or threatened and which require immediate action to protect the Property against damage or destruction, or prevent the occurrence of accident or injury to persons, so threatened or occurring from any cause. In the event of an Emergency, Supplier shall, as soon as is practicable, but not later than twelve (12) hours thereof, notify Customer of such occurrence and of all actions taken and costs incurred and the reasons therefor. 10. Covenants. (a) (b) (c) Services. Supplier shall render Services using appropriately trained, uniformed, and supervised personnel that have the necessary knowledge, training, skills, experience, qualifications and resources to provide and perform the Services in accordance with the Agreement, and shall render Services in a prompt, professional, diligent, and workmanlike manner, consistent with industry standards applicable to the performance of such Services, utilizing properly maintained equipment. Continuous Improvement. Supplier shall diligently and continuously improve the performance and delivery of the Services by Supplier and the elements of the policies, processes, procedures and systems that are used by Supplier to perform and deliver the Services, subject to the approval of Customer. Regulatory Approvals. Supplier will timely obtain and maintain all necessary approvals, licenses and permits (required by Law or otherwise) applicable to its business and the provision of the Services. 11. Representations and Warranties. (a) Representations and Warranties of Customer. Customer represents and warrants to Supplier as follows: (i) (ii) (iii) Organization; Power. As of the Effective Date, Customer (i) is a limited liability company, duly organized, validly existing and in good standing under the Laws of the State of Delaware, and (ii) has full limited liability company power to own, lease, license and operate its properties and assets and to conduct its business as currently conducted and to enter into the Agreement. Authorized Agreement. This Agreement has been, and each Statement of Work will be, duly authorized, executed and delivered by Customer and constitutes or will constitute, as applicable, a valid and binding agreement of Customer, enforceable against Customer in accordance with its terms. No Default. Neither the execution and delivery of this Agreement or any Statement of Work by Customer, nor the consummation of the transactions contemplated hereby or thereby, shall result in the breach of any term or provision of, or constitute a default under, any charter provision or bylaw, agreement (subject to any applicable consent), order, or Law to which Customer is a Party or which is otherwise applicable to Customer. (b) Representations and Warranties of Supplier. Supplier represents and warrants to Customer as follows: 11 (i) (ii) (iii) (iv) (v) (vi) (vii) Organization; Power. As of the Effective Date, Supplier (i) is a corporation, duly organized, validly existing and in good standing under the Laws of the State of Pennsylvania, and (ii) has full corporate power to own, lease, license and operate its properties and assets and to conduct its business as currently conducted and to enter into the Agreement. Authorized Agreement. This Agreement has been and each Statement of Work will be duly authorized, executed and delivered by Supplier and constitutes or will constitute, as applicable, a valid and binding agreement of Supplier, enforceable against Supplier in accordance with its terms. No Default. Neither the execution and delivery of this Agreement or any Statement of Work by Supplier, nor the consummation of the transactions contemplated hereby or thereby, shall result in the breach of any term or provision of, or constitute a default under, any charter provision or bylaw, agreement (subject to any applicable consent), order or Law to which Supplier is a Party or that is otherwise applicable to Supplier. Consents. Except as otherwise provided in the Agreement, no authorizations or other consents, approvals or notices of or to any Person are required in connection with (i) the execution, delivery and performance by Supplier of the Agreement, (ii) the development, implementation or operation of the equipment and systems necessary for Supplier to perform the Services in accordance with the applicable provisions of the Agreement and in compliance with all applicable Laws and Customer Compliance Requirements and Supplier regulatory requirements, or (iii) the validity and enforceability of the Agreement. Performance Warranty. The Services will conform to the description of the Services set forth in each Statement of Work and to general industry standards for the Services and products offered by Supplier pursuant to the Agreement. Equipment. Supplier shall maintain the Equipment so that it operates in accordance with its specifications, including (i) maintaining Equipment in good operating condition, subject to normal wear and tear, and (ii) undertaking repairs and preventive maintenance on Equipment in accordance with the applicable Equipment manufacturer’s recommendations. No Litigation. There is no action, suit, proceeding or investigation pending or, to Supplier’s knowledge, threatened, that questions the validity of the Agreement or Supplier’s right to enter into the Agreement or any Statement of Work or to provide any of the Services. (c) Pass-Through Warranties. In the event Supplier purchases or procures any Third Party products or services for the Customer in connection with the provision of the Services, in addition to the foregoing representations, warranties and covenants, Supplier shall pass through or assign to the Customer the rights Supplier obtains from the manufacturers and/or vendors of such products and services (including warranty and indemnification rights), all to the extent that such rights are assignable. To the extent that such rights are not assignable by Supplier, Supplier agrees that the Customer may assert or enforce any right Supplier may have to enforce such representations, warranties and 12 covenants, or if such can only be enforced by Supplier under its own name, upon written request by the Customer, Supplier shall take all reasonable action requested by the Customer to enforce such representations, warranties and covenants. (d) Disclaimer. EXCEPT AS OTHERWISE EXPRESSLY PROVIDED IN THIS AGREEMENT OR IN ANY STATEMENT OF WORK, THE PARTIES MAKE NO REPRESENTATIONS, WARRANTIES OR CONDITIONS, EXPRESS OR IMPLIED, REGARDING ANY MATTER, INCLUDING THE MERCHANTABILITY, SUITABILITY, FITNESS FOR A PARTICULAR USE OR PURPOSE, OR RESULTS TO BE DERIVED FROM THE USE OF ANY SERVICE, DELIVERABLES OR OTHER MATERIALS PROVIDED UNDER THIS AGREEMENT. 12. Insurance; Waiver of Subrogation: (a) (b) Insurance. During the Term, Supplier will maintain, at Supplier’s sole cost and expense, general liability insurance, automobile liability insurance, and workers’ compensation insurance covering the activities of Supplier and any person or entity acting for or on behalf of Supplier (including, without limitation, the Supplier Parties (as hereinafter defined)) at the Properties and/or in connection with the Services and any Statement of Work. Such insurance shall be in commercially reasonable amounts. Evidence of such insurance will be provided to Customer upon signing of this Agreement and thereafter upon request. Without limiting the foregoing, Supplier agrees to insurance coverage in the following minimum amounts: (i) Commercial General Liability with limits of not less than $2,000,000.00 per occurrence and $2,000,000.00 in the aggregate, which shall include contractual liability, personal injury protection and completed operations coverage (including coverage for the indemnity clauses provided by Supplier), (ii) Commercial Automobile Liability covering owned, hired and non-owned vehicles with limits of $1,000,000.00 combined single limit each occurrence, and (iii) Workers’ compensation insurance in an amount required by applicable Law. The insurance described in clauses (i) and (ii) shall include Customer, StoneMor Inc., StoneMor Partners L.P., StoneMor Operating LLC and any additional parties specified by Customer as additional insureds. Each of the above policies will be primary and non-contributory with respect to any policies carried by any additional insured. Any coverage carried by Customer shall be excess insurance. Such insurance shall be placed with reputable insurance companies licensed or authorized to do business in the states in which the Properties are located, and have a minimum Best’s rating of A-/VII. Waiver of Subrogation. To the fullest extent permitted by applicable Law, Supplier agrees to look solely to its insurers, and does hereby release and waive any and all rights it has now, or may have in the future, to recover against Customer, or any of its respective trustees, beneficiaries, general or limited partners, directors, officers, agents, servants, subsidiaries, affiliates or employees (collectively, the “Releasees”) for loss or damage to personal property, and for claims of injury to, or death of, employees of Supplier in any way relating to or resulting from the performance of the Services, including claims for contribution, indemnity or reimbursement of worker’s compensation benefits. Supplier hereby agrees that its insurers (and the insurers of any Supplier subcontractors) 13 shall waive all rights of subrogation with respect to claims against the Releasees arising out of the Services. The Customer does not assume any liability of any nature or kind for bodily injuries or property damages, or any other damages, arising out of Supplier’s performance of the Services. 13. Conduct. Notwithstanding anything in this Agreement to the contrary, Supplier acknowledges that the Properties are operated as cemeteries, funeral homes and/or related uses and that Supplier and its employees, affiliates, invitees, licensees, agents, consultants, contractors and subcontractors (collectively, the “Supplier Parties”) shall conduct themselves with an appropriate level of decorum when entering, working on, and leaving the Properties. Supplier and the Supplier Parties shall perform all Services in a manner that does not unreasonably disrupt, interfere with or disturb the conduct of Customer’s business or the use or enjoyment of the Properties by Customer, or its invitees, licensees or permittees. 14. Cemetery Operations; Burial Issues. Supplier acknowledges and agrees that Supplier may be required to perform one or more of the following tasks as part of the Services, either independently (without assistance or involvement by Customer), or in conjunction with Customer: (i) garden mapping, pinning, surveying and layout of burial spaces; (ii) excavating graves; (iii) installing vaults, concrete crypts and urns; (iv) opening and closing graves, niches and crypts; (v) setting up markers, crypt bars and niche bars; (vi) maintaining accurate records and (vii) ensuring the accuracy of interments and entombments (collectively, the “Cemetery Operations”). Supplier further acknowledges and agrees that wrongful burial issues (“Burial Issues”) may result from a failure to follow Cemetery Procedures (defined below) or properly perform the Cemetery Operations, which failure may expose Customer to third party claims by customers of the cemetery and their families. (a) Obligations. (i) (ii) (iii) (iv) Supplier agrees to perform the Cemetery Operations in accordance with Customer’s established policies and procedures, including, without limitation, Customer’s blind-check process (collectively, the “Cemetery Procedures”). Supplier will refrain from modifying any of the Cemetery Procedures without Customer’s prior review and approval. In the event Supplier becomes aware of a potential Burial Issue, Supplier shall immediately notify Customer and request further instruction. Supplier shall not attempt to remedy a potential Burial Issue or take any other corrective action including, by way of example and without any limitation, moving a misplaced pin, without, in each instance, Customer’s prior approval. Supplier agrees to cooperate with, and otherwise assist, Customer in promptly resolving any Burial Issue in the manner and within the timeframe established by Customer in order to mitigate third party claims by customers of the cemetery and their families. To the extent Customer has to defend itself against a third party claim alleging a wrongful burial issue, about which Supplier has knowledge or other relevant information, Supplier agrees to cooperate, and to cause Supplier’s employees to 14 cooperate, with Customer and to provide any such information that Customer may reasonably request regarding such matter. (b) Liability. Subject to Customer’s approval rights set forth in Section 14(a) hereof, Supplier shall, at Supplier’s sole cost and expense, correct any and all Burial Issues that occur as a direct or indirect result of Supplier’s acts or omissions, or the acts or omissions of the Supplier Parties. 15. Repairs. (a) (b) Repairs Generally. Supplier shall, at Supplier’s sole cost and expense, repair and restore any damage to the Properties occurring as a result of the Services or of any act or omission of Supplier or any of the Supplier Parties, including without limitation, replacing any damaged marker, memorial or bench. Supplier will perform such repair or restoration within thirty (30) days of demand by Customer, and if Customer performs such repair or restoration on Supplier’s behalf, Supplier shall pay the costs thereof to Customer within thirty (30) days of the delivery by Customer of an invoice. Customer shall have the right to deduct from payments of the Service Fee the amount of any invoice for damage that has been outstanding for more than thirty (30) days. Vault Damage. In the case of vault damage, if such damage occurs during the initial opening of the vault and prior to closing, Supplier is required to replace the damaged vault (or such component thereof, as may be applicable) at Supplier’s sole cost and expense. If, however, the damage occurs in the course of re-opening the vault, Supplier and Customer will each bear one-half (i.e., 50%) of the cost to replace such damaged vault (or such component thereof, as may be applicable). This Section shall survive termination of this Agreement. 16. Independent Contractor/Personnel/Subcontractors; Outsourced Landscaping Agreements. (a) Independent Contractor/Personnel/Subcontractors. In providing the Services under this Agreement it is expressly agreed that Supplier is acting as an independent contractor and not as an employee of Customer. Customer and Supplier acknowledge that this Agreement is exclusively a contract for service. Subject to Section 8 hereof, Supplier shall have at all times a sufficient number of capable personnel to enable it to perform its duties hereunder. Only fully qualified, experienced and competent persons shall be assigned to provide the Services. Supplier shall be responsible for the performance of all such personnel and all independent contractors, subcontractors and consultants retained or engaged by Supplier to assist Supplier in performing its duties hereunder. Supplier shall be responsible for all matters pertaining to the assignment and performance of personnel either employed by Supplier or provided by contract to Supplier to assist Supplier in performing its duties hereunder. Supplier shall be solely responsible for the payment of compensation (including provision for employment taxes, federal, state and local income taxes, workers compensation and any similar taxes) and benefits associated with the employment of Supplier’s personnel. Furthermore, Supplier shall fully comply with all applicable laws and regulations relating to workers’ compensation, social security, income and withholding pay, unemployment insurance, hours of labor, wages, 15 working conditions and other employer-employee related matters with respect to any personnel who are employees of Supplier. In no event shall Customer be the employer of such personnel, contractors and consultants, and Customer shall have no liability to such employees, contractors and consultants for their compensation. Supplier is responsible for paying, and complying with reporting requirements for, all local, state and federal taxes related to payments made to Supplier under this Agreement. (b) Outsourced Landscaping Agreements. Without limiting anything set forth in clause (a) above, Supplier hereby acknowledges and agrees that Services will be performed at the Outsourced Sites by the applicable third party listed on Schedule 5 until the date specified therein (unless cancelled, terminated or renewed in accordance with the applicable Assigned Agreement), and further reaffirms that all such Services shall adhere to the terms of this Agreement. During the Term of this Agreement, Supplier will be required to notify Customer, through the WOMS, when a third party is scheduled to perform Services at a Property. Moreover, not less than once per calendar year, Supplier will provide Customer with an update to Schedule 5, which identifies all of the sites where Services are to be performed by third parties, and the third parties performing such Services; this information will be required whether or not said third parties are engaged pursuant to an Assigned Agreement or a new third- party agreement entered into by Supplier during the Term. 17. Termination. (a) (b) (c) Either Supplier or Customer may terminate this Agreement without cause upon one hundred (180) days’ prior written notice to the other party. If either party breaches the terms of this Agreement and fails to cure such breach within ten (10) days after written notice from the non-breaching party specifying such breach, then the non-breaching party may elect to immediately terminate this Agreement by written notice to the breaching party. In addition to and without limiting the foregoing, if Customer fails to timely pay any undisputed Service Fees due under this Agreement and such failure continues for five (5) business days after written notice, then Supplier thereafter may elect while such failure exists, in its sole discretion, to (i) delay or cancel Services upon written notice to Customer, and/or (ii) immediately terminate this Agreement upon written notice to Customer. If this Agreement is terminated in accordance with its terms, any Services Fees shall be prorated on a per diem basis for Services performed until the date of termination, and such termination shall not release either party for liability for failure to perform any of the duties or obligations of either party required to be performed prior to such termination or any obligations under this Agreement stated to survive termination. Either Supplier or Customer may immediately terminate this Agreement upon written notice to the other party if (i) the other party becomes insolvent or is unable to pay its debts, or makes an assignment for the benefit of creditors, (ii) the other party enters into or files (or has filed or commenced against it) a petition, arrangement, application, action or other proceeding seeking relief or protection under the bankruptcy Laws of the United States or any similar Laws of the United States or any state of the United States or (iii) 16 all or substantially all of the other party’s property is levied upon or scheduled to be sold in a judicial proceeding. 18. Indemnities. (a) Indemnity by Supplier. Supplier agrees to indemnify and hold harmless Customer, its Affiliates, and the respective current, future and former officers, directors, members, employees, agents, successors and assigns of each of the foregoing, and each of the foregoing persons or entities (the “Customer Indemnitees”) on demand, from and against any and all Losses incurred by any of them, and shall defend the Customer Indemnitees against all Claims arising from or in connection with: (i) (ii) (iii) (iv) (v) (vi) (vii) All Claims arising out of, resulting from or related to the negligence or wrongful acts or omissions of Supplier or any Supplier Parties, or any breach or default by Supplier of this Agreement; all Claims by employees of Supplier or any of its Affiliates or subcontractors arising out of or relating to the Agreement or the Services, except to the extent caused by the gross negligence or willful misconduct of the Customer or any of its Affiliates or subcontractors (but excluding Supplier and Supplier Parties from such exception); all Claims arising out of, resulting from or related to any act or omission of Supplier in its capacity as an employer of an individual and arising out of or relating to (i) federal, state or other Laws or regulations for the protection of individuals who are members of a protected class or category of individuals, (ii) sexual discrimination or harassment, and (iii) any other aspect of the employment relationship or its termination (including claims for breach of an express or implied contract of employment) which arose when the individual asserting the claim, demand, charge, actions, cause of action or other proceeding was or purported to be an employee of, or candidate for employment by, the Supplier; all Claims related to damage to tangible or intangible personal or real property resulting from, arising out of or related to the acts of Supplier or any Supplier Parties that are outside of their provision of the Services while present on the Properties; all Claims for personal injuries, death or damage to tangible or intangible personal or real property, including claims of any employee of the Customer, to the extent caused by acts or omissions of Supplier or any Supplier Parties; all Claims arising from a violation of any Law applicable to Supplier and/or any Supplier Party or to the Customer, by Supplier or any Supplier Party; all Claims arising from fraud or theft committed by, or the willful misconduct of, Supplier or any Supplier Party; (viii) all Claims for Supplier’s tax liabilities arising from Supplier’s provision of Services; 17 (ix) (x) (xi) (xii) (xiii) all Claims arising out of the failure of Supplier to obtain, or cause to be obtained, any consent or approval required for the Customer to receive and use the Services, or any component thereof, to the full extent provided in the Agreement; all Claims arising out of Supplier’s breach of its obligations under Section 3(b) (Compliance with Laws), or Section 14 (Cemetery Operations; Burial Issues) of the Agreement; all Claims that any personnel supplied by Supplier, its Affiliates and/or their permitted subcontractors under the Agreement is an employee or agent of the Customer, including: (i) the cost of any employee benefits Customer is required to provide to or pay for on behalf of any personnel supplied by Supplier, its Affiliates and/or their permitted subcontractors; and (ii) any Claim brought by any personnel supplied by Supplier, its Affiliates and/or permitted subcontractors against any Customer Indemnitee based upon the employer-employee relationship; any Claims arising out of Supplier’s breach of its representations or warranties set forth in the Agreement; and all Claims by, or increases in the charges payable to, the Third Party Providers under the Third Party Agreements caused by or arising out of any breach of the Agreement by Supplier or its Affiliates or subcontractors, or failure to properly and timely perform any duty or responsibility that Supplier or any of its Affiliates or subcontractors has under the Agreement, except to the extent caused by any breach of the Agreement by Customer or its Affiliates or contractors (but excluding Supplier and its Affiliates and subcontractors from such exception). For the avoidance of doubt, Supplier shall be solely liable for, and shall fully indemnify Customer Indemnitees against, any claims arising from injury to, or death of, any Rehired Employee (whether engaged pursuant to the prior Transition Services Agreements or this Agreement) in any way relating to or resulting from the performance of the Services, including claims for contribution, indemnity or reimbursement of worker’s compensation benefits. (b) Indemnity by Customer. Customer agrees to indemnify and hold harmless Supplier, its Affiliates, and the respective current, future and former officers, directors, members, employees, agents, successors and assigns of each of the foregoing, and each of the foregoing persons or entities (the “Supplier Indemnitees”) on demand, from and against any and all Losses incurred by any of them, and shall defend the Suppler Indemnitees against all Claims arising from or in connection with: (i) All Claims arising out of, resulting from or related to the negligence or wrongful acts or omissions of Customer or any Customer Parties, or any breach or default by Customer of this Agreement. This Section shall survive termination of the Agreement. 19. Limitation of Liability. NEITHER PARTY WILL BE LIABLE TO THE OTHER FOR ANY SPECIAL, PUNITIVE, EXEMPLARY, INCIDENTAL, INDIRECT OR CONSEQUENTIAL DAMAGES ARISING OUT OF THIS AGREEMENT OR ANY RESULTING OBLIGATION, WHETHER IN AN ACTION FOR OR ARISING OUT OF BREACH OF CONTRACT, TORT OR ANY OTHER CAUSE OF ACTION (EXCEPT THAT THE 18 FOREGOING SHALL NOT APPLY TO ANY CLAIMS BY A THIRD PARTY FOR WHICH SUPPLIER IS OBLIGATED TO INDEMNIFY CUSTOMER PURSUANT TO THIS AGREEMENT). NO DIRECT OR INDIRECT CONSTITUENT MEMBER OF CUSTOMER, NOR ANY TRUSTEE, BENEFICIARY, SHAREHOLDER, PARTNER, MEMBER, MANAGER, OFFICER, DIRECTOR, EMPLOYEE OR OTHER AGENT OF CUSTOMER, SHALL HAVE ANY LIABILITY IN CONNECTION WITH THIS AGREEMENT. 20. Notices. All notices, demands, requests, consents, approvals and other communications required or permitted to be given hereunder or which are to be given with respect to this Agreement shall be in writing and delivered personally, by overnight air courier service, by email, or by U.S. certified or registered mail, return receipt requested, postage prepaid, to the parties at their respective addresses set forth below, and the same shall be effective upon receipt if delivered personally, one (1) business day after depositing with an overnight air courier, or two (2) business days after depositing in the mail, or immediately, upon transmission (as confirmed by electronic confirmation of transmission generated by the sender’s machine) for any notice given by email: If to Customer: c/o StoneMor Partners L.P. 3600 Horizon Boulevard, Suite 100 Trevose, PA 19053 Attn: Tom Connolly Office: 215-826-2808 Email: tconn@stonemor.com With a copy to: If to Supplier: c/o StoneMor Partners L.P. 3600 Horizon Boulevard, Suite 100 Trevose, PA 19053 Attn: Lorena L. Trujillo, Assistant General Counsel Office: 215-826-2865 Email: ltrujillo@stonemor.com Rickert Landscaping, Inc. c/o Moon Landscaping 145 Moon Rd Box 673 Chesapeake City, MD 21915 Attn: William Hutchins V.P. and General in-house Counsel Office: 443-350-3674 Email: bhutchins@moonlandscaping.com 19 21. Miscellaneous. (a) (b) (c) (d) (e) (f) (g) (h) Attorneys’ Fees and Costs: In the event of any litigation arising out of this Agreement, the prevailing party shall be entitled to reasonable attorneys’ fees and costs. Waiver of Jury Trial: THE PARTIES HEREBY WAIVE TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM BROUGHT BY EITHER OF THE PARTIES HERETO AGAINST THE OTHER ON ANY MATTERS WHATSOEVER ARISING OUT OF OR IN ANY WAY CONNECTED WITH THIS AGREEMENT. Governing Law; Jurisdiction: This Agreement shall be governed by and construed in accordance with the laws of the Commonwealth of Pennsylvania. This Agreement shall not be more strictly construed against one party or the other by reason of the rule of construction that a document is to be construed most strictly against the party who itself or through its agent prepared the same, it being agreed that the agents of all parties hereto have participated in the preparation of this Agreement. Both parties expressly agree that any and all legal proceedings arising under this Agreement will be brought exclusively in the state and federal courts located in the Commonwealth of Pennsylvania. Binding Effect: This Agreement shall bind and inure to the benefit of the parties hereto and their respective successors and assigns. Notwithstanding the foregoing, neither this Agreement nor any interest herein may be assigned or transferred, voluntarily or by operation of law, by Supplier without Customer’s prior written consent, which may be withheld in Customer’s sole discretion. No Waiver: No waiver of any of the provisions of this Agreement shall be deemed, or shall constitute, a waiver of any other provision, whether or not similar, nor shall any waiver constitute a continuing waiver, nor shall a waiver in any instance constitute a waiver in any subsequent instance. No waiver shall be binding unless executed in writing by the party making the waiver. Waiver And Release Of Lien Rights: To the extent permitted by applicable law, Supplier specifically waives and releases any claims it may have to a lien on or with respect to the Properties or any other assets of Customer, and shall not file any notice of claim or assert any lien or claim of lien with respect to any amounts that may be due to it. Supplier shall, from time to time, execute such lien waivers and releases as may be reasonably required by Customer or to otherwise effectuate this provision. Entire Agreement: This Agreement, including any schedules and exhibits attached hereto, shall constitute the entire Agreement between the parties hereto, and no modification thereof shall be effective unless made by supplemental agreement in writing executed by the parties hereto. Severability: If any term or provision of this Agreement or the application thereof to any person or circumstances shall, to any extent, be invalid or unenforceable, the remainder of this Agreement, or the application of such term or provision to persons or circumstances other than those as to which it is held invalid or unenforceable, shall not be affected thereby, and each term and provision of this Agreement shall be valid and be enforced to the fullest extent permitted by law. 20 (i) (j) (k) (l) Counterparts; Electronic Signatures: This Agreement may be executed and delivered in any number of counterparts, each of which so executed and delivered shall be deemed to be an original and all of which shall constitute one and the same instrument. Facsimile and electronically transmitted signatures (such as a PDF) shall for all purposes be treated as originals. Rules of Construction. (a) Words in the singular shall be held to include the plural and vice versa and words of one gender shall be held to include the other gender as the context requires, (b) the word “including” and words of similar import shall mean “including, without limitation,” (c) provisions shall apply, when appropriate, to successive events and transactions, and (d) the headings contained herein are for reference purposes only and shall not affect in any way the meaning or interpretation of the Agreement. Further Assurances. During the Term and at all times thereafter, each Party shall provide to the other Party, at its request, reasonable cooperation and assistance (including the execution and delivery of affidavits, declarations, oaths, assignments, samples, specimens and any other documentation) as necessary to effect the terms of the Agreement. Force Majeure. Each Party will be excused from performance under the Agreement for any period and to the extent (and only to the extent) that it is prevented from or delayed in performing any obligations pursuant to the Agreement, in whole or in part, as a result of a Force Majeure Event. If either Party is prevented from, or delayed in performing any of its obligations under the Agreement by a Force Majeure Event, it shall promptly notify the other Party verbally (to be confirmed in writing within twenty-four (24) hours of the inception of the delay) of the occurrence of a Force Majeure Event and describe, in reasonable detail, the circumstances constituting the Force Majeure Event and of the obligations, the performance of which are thereby delayed or prevented. The Party claiming that a Force Majeure Event has occurred shall continue to use commercially reasonable efforts to mitigate the impact or consequence of the event on the other Party and to recommence performance whenever and to whatever extent possible without delay. In the event of any Force Majeure Event, Customer shall not pay any fees in respect of the Services so affected. [SIGNATURE PAGE FOLLOW 21 By signing this Agreement in the space provided below, each party hereby represents and confirms that it has full power and authority to enter into this Agreement on its own behalf, and that this Agreement is a legally binding obligation of such party. CUSTOMER: STONEMOR OPERATING LLC, a Delaware limited liability company By: Name: Title: /s/ Tom Connolly Tom Connolly SVP, Business Planning & Operations [Signatures continue on following page.] [Signature Page to Master Services Agreement] SUPPLIER: RICKERT LANDSCAPING, INC., a Pennsylvania corporation By: Name: Title: /s/ William Hutchins William Hutchins President [Signature Page to Master Services Agreement] Exhibit A. Definitions. “Affiliate” means, with respect to a Party, any entity at any tier that controls, is controlled by, or is under common control with that Party. For purposes of this definition, the term “control” (including with correlative meanings, the terms “controlled by” and “under common control with”) means the possession directly or indirectly of the power to direct or cause the direction of the management and policies of an entity, whether through the ownership of voting securities, by trust, management agreement, contract or otherwise. “Assigned Agreements” means those certain landscaping agreements originally executed by Customer (or an Affiliate thereof) pursuant to which Customer engaged one or more third parties to perform landscaping and other services at the sites identified on Schedule 5 attached hereto (the “Outsourced Sites”). Customer has assigned to Supplier, and Supplier has assumed from Customer, all of Customer’s right, title and interest in and to Assigned Agreements pursuant to that certain Landscape Services Agreement (Outsourced StoneMor Sites—2020) dated as of December 20, 2019 executed by and between Customer and Supplier. “Claim” means any civil, criminal, administrative, regulatory or investigative action or proceeding commenced or threatened by a Third Party, including Governmental Authorities and regulatory agencies, however described or denominated. “Customer Equipment” means those machines, equipment, materials and other components necessary to provide the Services that are owned by Customer. “Disaster Recovery Plan” means a disaster recovery plan developed by Supplier in accordance with Section 3(e). “Equipment” means Customer Equipment and Supplier Equipment. “Force Majeure Event” means an event(s) meeting both of the following criteria: Caused by any of the following: (a) catastrophic weather conditions or other extraordinary elements of nature or acts of God (other than localized fire or flood); (b) acts of war (declared or undeclared), acts of terrorism, insurrection, riots, civil disorders, rebellion or sabotage; and (c) quarantines, embargoes and other similar unusual actions of federal, provincial, local or foreign Governmental Authorities. Force Majeure Events generally do not include (i) vandalism, (ii) the regulatory acts of Governmental Authorities, (iii) Supplier’s inability to obtain hardware or software, on its own behalf or on behalf of Customer, or its inability to obtain or retain sufficient qualified personnel, except to the extent such inability to obtain hardware or software or retain qualified personnel results directly from the causes outlined above, or (iv) any failure to perform caused solely as a result of a Party’s lack of funds or financial ability or capacity to carry on business; and The non-performing Party is without fault in causing or failing to prevent the occurrence of such event, and such occurrence could not have been prevented or circumvented through the use of commercially reasonable alternative sources, workaround plans or other means. “Governmental Authority” means any nation or government, any federal, state, province, territory, city, town, municipality, county, local or other political subdivision thereof or thereto, any quasi-Governmental Authority, and any court, tribunal, arbitral body, taxation authority, department, commission, board, bureau, agency, instrumentality thereof or thereto or otherwise Exhibit A-1 which exercises executive, legislative, judicial, regulatory or administrative functions of or pertaining to government. “Law” means all applicable laws (including those arising under common law), statutes, codes, rules, regulations, reporting or licensing requirements, ordinances and other pronouncement having the effect of law of the United States, any foreign country or any domestic or foreign state, county, city, province or other political subdivision, including those promulgated, interpreted or enforced by any Governmental Authority. Law includes Privacy Laws. “Losses” means any judgments, settlements, awards, losses, charges, liabilities, penalties, interest claims (including Taxes and all related interest and penalties incurred directly with respect thereto), however described or denominated, and all related reasonable costs, expenses and other charges (including all reasonable attorneys’ fees and reasonable internal and external costs of investigations, litigation, hearings, proceedings, document and data productions and discovery, settlement, judgment, award, interest and penalties), however described or denominated. “New Services” means the functions, responsibilities, activities, tasks and projects outside the scope of the Services that Supplier may provide to the Customer on terms to be agreed upon pursuant to Section 4. “Party” or “Parties” means Customer and/or Supplier, as parties to the Master Agreement. “Statement of Work” means a statement of work entered into by the Parties describing the Services to be provided by Supplier under that Statement of Work and the attached Schedules. “Service Level Agreement” means the schedule to each Statement of Work specifying the Service Level Specifications applicable to the Services described in each such Statement of Work, remedies for Supplier’s failure to comply with such Service Level Specifications, including applicable Service level credits, procedures for modifying and improving Service Level Specifications and related provisions. “Service Level Specifications” means the standards of performance to be met or exceeded by Supplier in providing the Services, as set forth in the applicable Service Level Agreement. “Supplier Equipment” means all equipment owned or leased by Supplier that is used, directly or indirectly, to provide the Services. “Tax” means federal, state and local sales, use and other similar types of transfer taxes or fees, however designated or imposed, which are in the nature of a transaction tax or fee, but not including any taxes, duties or fees imposed on or measured by net or gross income or gross receipts, capital stock or net worth or in the nature of an income, capital, franchise, or net worth tax. “Third Party” means a business or entity other than the Customer or the Supplier or any of their respective Affiliates. “Third Party Agreements” means those agreements for which Supplier has undertaken financial, management, operational, use, access and/or administrative responsibility and/or benefit in connection with the provision of the Services, and pursuant to which the Customer has contracted with a Third Party Provider to obtain any Third Party products, software and/or services that will be used, accessed and/or managed in connection with the Services. Exhibit A-2 “Third Party Provider” means a business or entity other than the Customer or the Supplier or any of their respective Affiliates that provides products, software and/or services under a Third Party Agreement. Exhibit A-3 Exhibit B (Statement of Work) (See attached) Exhibit B STONEMOR - MOON MSA EXHIBIT B (Statement of Work) & SCHEDULE 2 (Work Order Management System): Cemetery and Funeral Home Maintenance Events Category Descriptions Instructions Cemetery & Funeral Home Maintenance Scheduled or Unscheduled Events Space Verificaton Probbing/Space Verification GM or ADMIN will find/locate spaces for sales reps and customers. This will include space and lot verification. Space and Lot information will be sent to Supplier. Supplier will perform any surveying needed for the location. Blind check procedures: Supplier will perform blind check procedures to avoid compliance issues to avoid missed burials. This blind check procedures will also need to occur for at-need sales or pre need becoming at need Maintenance will be in charge of locating the lot and placing flags in that spot, the family will then confirm this is the correct spot Final sign off performed by the location Admin Outdoor Cermonies Setup, Opening/Lowering (Interment Service Prep), Service procedures and Equipment Prior to the event, supplier will be responsible for the carpeting, putting out chairs, mowing/trimming a ~100 ft radius to the plot prior to the service and setting up tents for the ceremonies, specifications will be defined during the pilot program These events can happen any day and at short notice. Supplier will be required to have staff in place to service any request Supplier will be responsible for opening the graves and installing both the vault and casket. In some cases, vaults will have been preinstalled, if damage occurs to vaults, refer to “Replacement” section. During the service the crew should be mindful of the family and attendees. For example, but not limited to: avoiding the area of the service, noise levels, overall conduct. Clean up and filling in grave accordingly and Radius for additional treatment completed (~100ft) Supplier will be responsible to maintain the needed equipment to perform the opening, lowering and closing Unscheduled Events* Indoor Cermonies Setup, Entombment, Inurnment Supplier will be responsible for the set-up of indoor ceremonies. After in- door ceremonies supplier will be responsible for moving the casket to storage until it is installed at scheduled time. Supplier will be responsible for the opening of the tomb in the mausoleum and entombing the casket, if the cover has not been delivered prior to the service a temporary cover will be installed. Upon delivery of the correct cover the supplier will be responsible for installing these and treating them as a “Scheduled Event” Supplier will be responsible for placing the urn in the niche, urn lot (depending on the location of the burial). Supplier will then close the lot with either a temp cover installed, or the inscriber will do it after the Time Constraints <24 hrs Urgency High Work Orders Metrics/Criteria Success MTTR - response time and resolution GM and/or Admin will submit WO to Supplier Space Verification Completed or No Timing of completion < 24 hrs High GM and/or Admin will submit WO to Supplier (All inclusive of the work order) Set-up completed prior to family arrival On-time or Delayed Timing of completion < 24 hrs High GM and/or Admin will submit WO to Supplier Set-up completed prior to family arrival On-time or Delayed Timing of completion Scheduled Events Vaults Pre-Installed Vaults Pre-installed vaults include, opening the grave, installing the vault and fully closing the grave Supplier will be responsible for scheduling and completing the required number of pre-installed vaults as indicated by (XX) in the defined work order tool. The supplier can use their discretion to schedule and deploy their team. If damage occurs to the installation of vaults, please refer to the “Replacement” section. Installation of the "pre- installed vault" should be within 30 days of Product Delivery Date Low GM and/or Admin will submit WO to Supplier What % of outstanding VICs - preinstalled vaults, Tracking notifaction of Vault delievery, vaults passed 30 days Timing of completion Scheduled Events Mausoleums/ Columbariums In-door Installment Supplier will be responsible for scheduling and completing the installment of covers in the Mausoleums/ Columbariums. The supplier can use their discretion to schedule and deploy their team based on the product deliveries (completed/engraved covers). Installation within 2 weeks of Product Delivery Date Medium GM and/or Admin will submit WO to Supplier n/a n/a n/a Scheduled Events Markers/Bases in-door or out-door installment Supplier will be responsible for scheduling and installing bases and makers. Markers/bases/Accessories may not be delivered for the ceremony or at the same time as the base, the supplier will manage and handle both installations and will use their discretion to ensure it is completed in a timely manner, no later than 2 weeks after the delivery of the marker, subject to winter weather conditions. If damage occurs during installation, please refer to the “Replacement” section. Installation within 2 weeks of Product Delivery Date Medium GM and/or Admin will submit WO to Supplier New work orders that went uninstalled: markers, headstones. % of backlog that is reduced (marker has been delivered and not installed). Tracking notifications of Markers/bases/c overs for installation, Passes X days Timing of completion % Any new work orders did they miss , when a markers is delivered must Correct Cover Entombment If the cover has not been delivered prior to the service a temporary cover will be installed. Upon delivery of the correct cover the supplier will be responsible for installing these and treating them as a “Scheduled Event” Installation immediate of Product Delivery Date Medium Supplier submits WO to GM Unscheduled Events Maintenance Inspection Out of Scope services Supplier shall monitor the Facilities during their maintenance visits and promptly report to General Manager or designee any needed repair or maintenance work that is outside of the scope of the Services, and shall report to General Manager or designee any vandalism, illegal dumping, or other illegal activity. Immediately during inspe Medium Supplier submits WO to GM be installed within 2 weeks is what is currently used n/a n/a n/a n/a n/a n/a Events Category Descriptions Instructions Cemetery & Funeral Home Maintenance Scheduled Events Decorations Holiday / Seasonal Events Supplier will manage the ordering and setup of seasonal, events, and ordered decorations Holidays: Supplier will offer the option or provide to all lots, decorations (flags, flowers, etc). StoneMor will provide decorations to be installed by Supplier. Example; flags for memorial day and any holiday that requires decorations other than flowers. Decorations will be removed at direction of park management or general best practices (IE if flag has fallen upon discovery). All decorations will be maintained and removed in accordance with park regulations. Supplier will manage orders for all decorations. Supplier will place flowers/decorations at grave sites when orders are received. Debris and Litter pick up will be conducted on an ongoing basis Time Constraints Installation prior to Holiday / Seasonal Event Urgency Medium Work Orders n/a Metrics/Criteria n/a Success n/a Scheduled Events Collecting Caskets Transportation of caskets from offsite locations to funeral homes Supplier will be responsible for collecting and delivering caskets from offsite locations when needed. Date of completion will be enter on WO Medium GM and/or Admin will submit WO to Supplier Scheduled Events Construction Buildings, etc. Supplier will lead the construction of fixtures throughout the park, if proposed project is out of Supplier’s ability, they will find outside vendor. Supplier will work with StoneMor to provide new and innovative ideas to incorporate new fixtures around the park Scheduled Events Additional Investment Improvements Supplier will provide StoneMor with annual investment ideas to improve the park, as well as a monetary amount that they will contribute. Supplier will propose any improvements directly to their point of contact A list of proposed improvement shall be provided to StoneMor corporate in preparation for budget cycles each year. TBD TBD Low Low n/a n/a n/a n/a n/a n/a n/a n/a MTTR - response time and resolution n/a n/a n/a n/a Scheduled Events Replacement (Damage to Markers, Benches Etc.) Markers, Benches, Granite Cover, Vaults In the result of damage to Markers, supplier will be required to file replacement order and cover replacement cost. Markers, Benches, etc. should be ordered by us and reimbursed or put on a new account. Many times, reasonable alternative must be discussed with families. In the result of damage to granite covers during the installation in Mausoleums/ Columbariums, suppliers will file replacement orders and cover replacement costs. If damage occurs during the initial opening of the vault and prior to closing, the Supplier is required to cover 100% of the cost. If damage occurs when reopening of the vault, the Supplier and StoneMor will split the cost 50/50 Immediate High Supplier submits WO to GM Repair Completion Tracking notifactions of Markers/bases/c overs for installation, Passes X days Timing of completion Scheduled Events In Door Facility Maintenance (Cleaning, repairing etc.) Mausoleum Cleaning Walk-thru Mausoleum buildings to check on and ensure cleanliness of bathrooms, that all lightbulbs are operational and that entrances are clear of debris. All fixtures are free of cobwebs and dust. Floors swept and mopped. Immediate Medium n/a Clean-up completed within a reasonable time period Completed or No Timing of completion Scheduled Events General Facility Maintenance (Cleaning, repairing etc.) Park, Buildings etc. Supplier will utilize staff to maintain a clean and neat appearance in the park. Included are “as necessary” services, not limited to, power washing buildings and features, touch up of features throughout the park (i.e. painting and cleaning), additional services that will enhance the appearance of the building (not including capital expense projects), such as paint touch up, minor repairs and rinsing windows and doors. Supplier will provide services to maintain inside the building including but not limited to: lightbulb replacement, minimal plumbing, cleaning, if supplier is not capable of these services they will provide an outside vendor and will follow the approval process for the fee. Immediately during General Cleaning Medium GM and/or ADMIN submit WO along with issue Work orders - minor (light bulb, cleaning) Work order system Timing of completion Work orders - major (urgent matters) Scheduled Events Pest Control Indoor & Outdoor Supplier will handle or outsource any necessary pest control for both indoor facilities and around the park. Unscheduled Events Complaints All Maintenance Issue Complaints Customer Complaints received about Maintenance issues (Mausleum is dirty, damage marker etc) Immediate <24 hrs Low High Supplier submits WO to GM n/a n/a n/a GM and/or ADMIN submit WO along with the type of complaint Resolution Time Completed or No Timing of completion *Time Sensitive: These events will be requested and needed to be completed on short notice, please take this into consideration when quoting and scheduling. These events can happen any day and within 24 hours. Supplier will be required Urgency Medium Work Orders Supplier submits WO to GM n/a Metrics/ Criteria Success n/a MTTR - response time and resolution n/a STONEMOR - MOON MSA EXHIBIT B (Statement of Work) & SCHEDULE 2 (Work Order Management System): Cemetery and Funeral Home Landscaping Events Category Descriptions Instructions Cemetery & Funeral Home Landscaping Scheduled Physical Inspection prior to mowing and/or trimming Damaged Irrigation Heads Loss or Misplaced flowers Irrigation heads are retracted, remove trash and foreign debris but not limited to, items such as limbs, sticks, wilted flowers placed by visitors, silk and /or plastic flowers placed on ground Flag damaged or broken irrigation heads and submit WO to GM. Return to a permanet vase if it can be identifed. Unmatched flowers sent back to Maintenance area for storage and/or disposed as directed by GM. Broken or malfunctioning vases will be marked with colored flags to avoid futher damage. Inclement Weather on schedule mowing day Mowing will follow the next acceptable mowing day. If grounds are too wet to allow acceptable mowing NO mowing will occur. (Tracking or ruttinging of the site is Unacceptable) If slightly wet conditions during mowing, do track clipping and / or mud on hard surfaces. If occurs supplier will clean up. Mowing Trimming and / or Edging Produce an even appearance with high and low spots. Adjust mowing heights throughout the year as specified by the GM. GM reserves the right to refuse the use of a mower on contracted property if mower is not producing acceptly even finish. Maintenance yards will be maintained in accordance with level “C” turf area standards. Unless in view of areas of area(s) A Turf in land care levels A, B and C will be mowed evenly at a height suitable to the turf variety, but will be allowed to grow exceedingly tall above Trimming and/or edging around all fixed objects (excluding monuments and markers) will occur at each scheduled mowing cycle regardless of assigned maintenance “land care level”. Fixed objects include but are not limited to pavement edges and curbs, light poles, sign posts, trees (specified by General Manager or designee), walls and fences, sidewalks an Trimming and/ or edging around monuments and / or markers will occur at each scheduled mowing cycle in land care level “A” and every other cycle regardless of assigned “land care level”. Medium n/a Medium Medium n/a n/a Grounds Condition of Bushes & Trees removal and/or replace) (Dead, Provider will inspect bushes/trees and maintain a canopy of 10 feet above ground level in all areas of the park where foot traffic occurs. Dead branches are to be removed and dying/diseased trees are to be identified and brought to the attention of the park staff. If any trees die or require removal, the supplier will suggest replacement options. Medium n/a Hardscape and landscape Hardscape and landscape bed maintenance (including paving cracks and crevices) will include removal of grass, weeds or other unwanted plant material by either manual or chemical means. Medium Turf applications Turf applications will be performed for weed and broadleaf control at the providers discretion based on best practices to manage weed growth and enhance the quality of the turf. Medium Grave Leveling Supplier will be responsible to level any graves monuments and markers that impact the appearance of the park Medium Ground Inspections Supplier will perform regular inspections and grounds walk throughs to confirm the parks are maintained to the agreed upon standards Medium Seasonal Planting of Flowe Supplier will be responsible for seasonal planting of flowers that impact the appearance of the park Medium n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a Events Category Descriptions Instructions Cemetery & Funeral Home Landscaping Snow Plowing When snow has fallen no trimming or mowing is needed. Supplier will take necessary steps to avoid any damage to the roads and grounds, if any damage occurs supplier will be responsible to repair. Snow events will include pre-treatment with salt and plowing as necessary to maintain safe roadways and walkways. The Supplier is responsible for maintaining clean and safe sidewalks, roadways, fire lanes, doorways, roads throughout the site, entrances to the site, and pathways. In order to ensure that these tasks are performed in a timely manner, the Supplier, and any Supplier they may supplement their work with, is required to be available curing the site business hours. If at any time inclement weather is present, the Supplier shall provide the necessary labor, equipment, and materials to remove ice and snow from the sites listed in this contract in a safe and timely fashion. In addition, the Supplier is to be responsible for any damage caused to any of the sites listed in the contract during the course of snow removal. This damage includes, but is not limited to; concrete or asphalt damage to roadways, walkways, curbs, concrete bollards, stone buffers, edging, turf, plant material, signage and markers. Additionally, any damage caused should be reported in the Work Order tool within 24 hours. Supplier will be prepared at each site to service and maintain a safe standard at the site, during the cemetery business hours. Supplier will be responsible for managing and determining how often follow-up service is needed, Supplier should maintain the standard of cleaned roads, walkways, etc, regardless of the duration. Supplier will use the necessary de-icing material that is approved for that location/state, the supplier will cover the cost of the material. Roadways / Sidewa Urgency High Work Orders Supplier submits WO to GM for any damages due to snow removal n/a Metrics/ Criteria Success n/a MTTR - response time and resolution n/a All Ground Complaints Customer complaints received about the conditions of the Grounds(Headstone dirty, Mausoleum floors dirty, Grass not cut etc) High GM and/or ADMIN submit WO along with the type of complaint Reduced number of complaints Complaint systems Timing for resolution Unscheduled Complaints The expectation is that the Supplier and StoneMor mutually define and agree upon standards for ‘A’, ‘B’ and ‘C’ areas, and the Supplier will provide the work needed to maintain these standards. Mowing: Defined standards for 3 levels A Level – will stay between 3 – 4 inches, frequency of cuts at supplier’s discretion B Level – will stay between 3 – 5 inches, frequency of cuts at supplier’s discretion C Level – will stay between 3 – 7 inches, frequency of cuts at supplier’s discretion Trimming/edging: Defined standards for 3 levels this cost will be included in the cost per acre A Level – all areas in the A level section should remain neatly trimmed; frequency of services at supplier’s discretion B Level – Should remain a consistent appearance and not appear overgrown. C Level – Should remain manageable. Visible C Level areas to the general public should be maintained as a B Level. Additional Landscape: Hedges, Flowers, Trees Supplier will maintain the front entrance of all parks to a high standard, this will include flowers, decorations, trimming of hedges, etc. Additional landscaping throughout the park will be defined by A, B, C level standards below. A Level – Hedges shall maintain a neat and clean appearance upon inspection after each service. B Level – Should be trimmed once at the beginning of the season and again at the end of the season to maintain a nice consistent appearance. C Level – Should be trimmed as needed to eliminate an unkept appearance or if a safety hazard is present. Supplier will propose new opportunities/recommendations that can improve the parks (including possibility of joint investment) Tree Work Supplier will do necessary maintenance to keep all trees alive and trimmed based on the standards defined for A, B, C level areas of the park. A Level B Level C Level Exhibit C (Success Metrics) (See attached) Exhibit C Schedule 1 (Properties & Roll-Out Schedule) (See attached) Schedule 1 STONEMOR - MOON MSA SCHEDULES 1 & 5 3 Digit # 4 Digit # Name Address Rollout Date Outsourced Status StoneMor Field Organizaon Division Area Cluster Moon Organizaon Region Sub-Region 450 454 458 472 461 467 465 452 456 603 252 108 214 215 401 5637 5618 5622 5636 5625 5631 5629 5616 5620 603 252 2163 214 215 401 Allegheny County Memorial Park Greenlawn Burial Estates Lawn Haven Burial Estates Lakewood Memorial Park Erie County Memorial Park Mt. Royal Memorial Park Roselawn Memorial Gardens - PA Woodlawn Cemetery Pinewood Memorial Park Rolling Green Cemetery Hillside Cemetery Mt. Lebanon Cemetery Woodlawn Memorial Park-IL Woodlawn Memorial Park II-IL Sunset Hill Cemetery 1600 Duncan Avenue Allison Park, PA 15101 731 West Old Route 422 Butler, PA 16001 1290 Butler Road Worthington, PA 16262 943 Rt 910 Cheswick, PA 15024 7880 Edinboro Road Erie, PA 16509 2700 Mt. Royal Blvd. Glenshaw, PA 15116 17045 Conneaut Lake Road Meadville, PA 16335 450 Penn Avenue Aliquippa, PA 15001 20950 Rte 19 Cranberry Twp., PA 16066 1008 West Chester Pike West Chester, PA 19382 2556 Susquehana Rd Roslyn, PA 19001 485B Route 1 South, Suite 340 23060 West Jefferson St Joliet, IL 60431 22500 West Jefferson St Joliet, IL 60431 50 Fountain Drive Glen Carbon, IL 62034 5/11/2020 5/11/2020 5/11/2020 5/11/2020 5/11/2020 5/11/2020 5/11/2020 5/11/2020 5/11/2020 4/16/2020 4/16/2020 6/29/2020 5/11/2020 5/11/2020 5/18/2020 YES North YES North YES North YES North NO North YES North NO North YES North YES North YES North YES North YES North YES South YES South NO South NA2 NA2 NA2 NA2 NA2 NA2 NA2 NA2 NA2 NA3 NA1 NA4 SA4 SA4 SA4 NC08 NC08 NC08 NC08 NC08 NC08 NC08 NC07 NC08 NC10 NC01 NC11 SC39 SC39 SC37 R3 R3 R3 R3 R3 R3 R3 R3 R3 R4 R4 R4 R1 R1 R1 North Pisburgh North Pisburgh North Pisburgh North Pisburgh North Pisburgh North Pisburgh North Pisburgh North Pisburgh North Pisburgh Philadelphia - Non AOP Philadelphia - Non AOP New Jersey Chicago Chicago West Schedule 2 (Work Order Management System) (See attached) Schedule 2 STONEMOR - MOON MSA EXHIBIT B (Statement of Work) & SCHEDULE 2 (Work Order Management System): Cemetery and Funeral Home Maintenance Events Category Descriptions Instructions Cemetery & Funeral Home Maintenance Scheduled or Unscheduled Events Space Verificaton Probbing/Space Verification GM or ADMIN will find/locate spaces for sales reps and customers. This will include space and lot verification. Space and Lot information will be sent to Supplier. Supplier will perform any surveying needed for the location. Blind check procedures: Supplier will perform blind check procedures to avoid compliance issues to avoid missed burials. This blind check procedures will also need to occur for at-need sales or pre need becoming at need Maintenance will be in charge of locating the lot and placing flags in that spot, the family will then confirm this is the correct spot Final sign off performed by the location Admin Outdoor Cermonies Setup, Opening/Lowering (Interment Service Prep), Service procedures and Equipment Prior to the event, supplier will be responsible for the carpeting, putting out chairs, mowing/trimming a ~100 ft radius to the plot prior to the service and setting up tents for the ceremonies, specifications will be defined during the pilot program These events can happen any day and at short notice. Supplier will be required to have staff in place to service any request Supplier will be responsible for opening the graves and installing both the vault and casket. In some cases, vaults will have been preinstalled, if damage occurs to vaults, refer to “Replacement” section. During the service the crew should be mindful of the family and attendees. For example, but not limited to: avoiding the area of the service, noise levels, overall conduct. Clean up and filling in grave accordingly and Radius for additional treatment completed (~100ft) Supplier will be responsible to maintain the needed equipment to perform the opening, lowering and closing Unscheduled Events* Indoor Cermonies Setup, Entombment, Inurnment Supplier will be responsible for the set-up of indoor ceremonies. After in- door ceremonies supplier will be responsible for moving the casket to storage until it is installed at scheduled time. Supplier will be responsible for the opening of the tomb in the mausoleum and entombing the casket, if the cover has not been delivered prior to the service a temporary cover will be installed. Upon delivery of the correct cover the supplier will be responsible for installing these and treating them as a “Scheduled Event” Supplier will be responsible for placing the urn in the niche, urn lot (depending on the location of the burial). Supplier will then close the lot with either a temp cover installed, or the inscriber will do it after the Time Constraints <24 hrs Urgency High Work Orders Metrics/Criteria Success MTTR - response time and resolution GM and/or Admin will submit WO to Supplier Space Verification Completed or No Timing of completion < 24 hrs High GM and/or Admin will submit WO to Supplier (All inclusive of the work order) Set-up completed prior to family arrival On-time or Delayed Timing of completion < 24 hrs High GM and/or Admin will submit WO to Supplier Set-up completed prior to family arrival On-time or Delayed Timing of completion Scheduled Events Vaults Pre-Installed Vaults Pre-installed vaults include, opening the grave, installing the vault and fully closing the grave Supplier will be responsible for scheduling and completing the required number of pre-installed vaults as indicated by (XX) in the defined work order tool. The supplier can use their discretion to schedule and deploy their team. If damage occurs to the installation of vaults, please refer to the “Replacement” section. Installation of the "pre- installed vault" should be within 30 days of Product Delivery Date Low GM and/or Admin will submit WO to Supplier What % of outstanding VICs - preinstalled vaults, Tracking notifaction of Vault delievery, vaults passed 30 days Timing of completion Scheduled Events Mausoleums/ Columbariums In-door Installment Supplier will be responsible for scheduling and completing the installment of covers in the Mausoleums/ Columbariums. The supplier can use their discretion to schedule and deploy their team based on the product deliveries (completed/engraved covers). Installation within 2 weeks of Product Delivery Date Medium GM and/or Admin will submit WO to Supplier n/a n/a n/a Scheduled Events Markers/Bases in-door or out-door installment Supplier will be responsible for scheduling and installing bases and makers. Markers/bases/Accessories may not be delivered for the ceremony or at the same time as the base, the supplier will manage and handle both installations and will use their discretion to ensure it is completed in a timely manner, no later than 2 weeks after the delivery of the marker, subject to winter weather conditions. If damage occurs during installation, please refer to the “Replacement” section. Installation within 2 weeks of Product Delivery Date Medium GM and/or Admin will submit WO to Supplier New work orders that went uninstalled: markers, headstones. % of backlog that is reduced (marker has been delivered and not installed). Tracking notifications of Markers/bases/c overs for installation, Passes X days Timing of completion % Any new work orders did they miss , when a markers is delivered must Correct Cover Entombment If the cover has not been delivered prior to the service a temporary cover will be installed. Upon delivery of the correct cover the supplier will be responsible for installing these and treating them as a “Scheduled Event” Installation immediate of Product Delivery Date Medium Supplier submits WO to GM Unscheduled Events Maintenance Inspection Out of Scope services Supplier shall monitor the Facilities during their maintenance visits and promptly report to General Manager or designee any needed repair or maintenance work that is outside of the scope of the Services, and shall report to General Manager or designee any vandalism, illegal dumping, or other illegal activity. Immediately during inspe Medium Supplier submits WO to GM be installed within 2 weeks is what is currently used n/a n/a n/a n/a n/a n/a Events Category Descriptions Instructions Cemetery & Funeral Home Maintenance Scheduled Events Decorations Holiday / Seasonal Events Supplier will manage the ordering and setup of seasonal, events, and ordered decorations Holidays: Supplier will offer the option or provide to all lots, decorations (flags, flowers, etc). StoneMor will provide decorations to be installed by Supplier. Example; flags for memorial day and any holiday that requires decorations other than flowers. Decorations will be removed at direction of park management or general best practices (IE if flag has fallen upon discovery). All decorations will be maintained and removed in accordance with park regulations. Supplier will manage orders for all decorations. Supplier will place flowers/decorations at grave sites when orders are received. Debris and Litter pick up will be conducted on an ongoing basis Time Constraints Installation prior to Holiday / Seasonal Event Urgency Medium Work Orders n/a Metrics/Criteria n/a Success n/a Scheduled Events Collecting Caskets Transportation of caskets from offsite locations to funeral homes Supplier will be responsible for collecting and delivering caskets from offsite locations when needed. Date of completion will be enter on WO Medium GM and/or Admin will submit WO to Supplier Scheduled Events Construction Buildings, etc. Supplier will lead the construction of fixtures throughout the park, if proposed project is out of Supplier’s ability, they will find outside vendor. Supplier will work with StoneMor to provide new and innovative ideas to incorporate new fixtures around the park Scheduled Events Additional Investment Improvements Supplier will provide StoneMor with annual investment ideas to improve the park, as well as a monetary amount that they will contribute. Supplier will propose any improvements directly to their point of contact A list of proposed improvement shall be provided to StoneMor corporate in preparation for budget cycles each year. TBD TBD Low Low n/a n/a n/a n/a n/a n/a n/a n/a MTTR - response time and resolution n/a n/a n/a n/a Scheduled Events Replacement (Damage to Markers, Benches Etc.) Markers, Benches, Granite Cover, Vaults In the result of damage to Markers, supplier will be required to file replacement order and cover replacement cost. Markers, Benches, etc. should be ordered by us and reimbursed or put on a new account. Many times, reasonable alternative must be discussed with families. In the result of damage to granite covers during the installation in Mausoleums/ Columbariums, suppliers will file replacement orders and cover replacement costs. If damage occurs during the initial opening of the vault and prior to closing, the Supplier is required to cover 100% of the cost. If damage occurs when reopening of the vault, the Supplier and StoneMor will split the cost 50/50 Immediate High Supplier submits WO to GM Repair Completion Tracking notifactions of Markers/bases/c overs for installation, Passes X days Timing of completion Scheduled Events In Door Facility Maintenance (Cleaning, repairing etc.) Mausoleum Cleaning Walk-thru Mausoleum buildings to check on and ensure cleanliness of bathrooms, that all lightbulbs are operational and that entrances are clear of debris. All fixtures are free of cobwebs and dust. Floors swept and mopped. Immediate Medium n/a Clean-up completed within a reasonable time period Completed or No Timing of completion Scheduled Events General Facility Maintenance (Cleaning, repairing etc.) Park, Buildings etc. Supplier will utilize staff to maintain a clean and neat appearance in the park. Included are “as necessary” services, not limited to, power washing buildings and features, touch up of features throughout the park (i.e. painting and cleaning), additional services that will enhance the appearance of the building (not including capital expense projects), such as paint touch up, minor repairs and rinsing windows and doors. Supplier will provide services to maintain inside the building including but not limited to: lightbulb replacement, minimal plumbing, cleaning, if supplier is not capable of these services they will provide an outside vendor and will follow the approval process for the fee. Immediately during General Cleaning Medium GM and/or ADMIN submit WO along with issue Work orders - minor (light bulb, cleaning) Work order system Timing of completion Work orders - major (urgent matters) Scheduled Events Pest Control Indoor & Outdoor Supplier will handle or outsource any necessary pest control for both indoor facilities and around the park. Unscheduled Events Complaints All Maintenance Issue Complaints Customer Complaints received about Maintenance issues (Mausleum is dirty, damage marker etc) Immediate <24 hrs Low High Supplier submits WO to GM n/a n/a n/a GM and/or ADMIN submit WO along with the type of complaint Resolution Time Completed or No Timing of completion *Time Sensitive: These events will be requested and needed to be completed on short notice, please take this into consideration when quoting and scheduling. These events can happen any day and within 24 hours. Supplier will be required Urgency Medium Work Orders Supplier submits WO to GM n/a Metrics/ Criteria Success n/a MTTR - response time and resolution n/a STONEMOR - MOON MSA EXHIBIT B (Statement of Work) & SCHEDULE 2 (Work Order Management System): Cemetery and Funeral Home Landscaping Events Category Descriptions Instructions Cemetery & Funeral Home Landscaping Scheduled Physical Inspection prior to mowing and/or trimming Damaged Irrigation Heads Loss or Misplaced flowers Irrigation heads are retracted, remove trash and foreign debris but not limited to, items such as limbs, sticks, wilted flowers placed by visitors, silk and /or plastic flowers placed on ground Flag damaged or broken irrigation heads and submit WO to GM. Return to a permanet vase if it can be identifed. Unmatched flowers sent back to Maintenance area for storage and/or disposed as directed by GM. Broken or malfunctioning vases will be marked with colored flags to avoid futher damage. Inclement Weather on schedule mowing day Mowing will follow the next acceptable mowing day. If grounds are too wet to allow acceptable mowing NO mowing will occur. (Tracking or ruttinging of the site is Unacceptable) If slightly wet conditions during mowing, do track clipping and / or mud on hard surfaces. If occurs supplier will clean up. Mowing Trimming and / or Edging Produce an even appearance with high and low spots. Adjust mowing heights throughout the year as specified by the GM. GM reserves the right to refuse the use of a mower on contracted property if mower is not producing acceptly even finish. Maintenance yards will be maintained in accordance with level “C” turf area standards. Unless in view of areas of area(s) A Turf in land care levels A, B and C will be mowed evenly at a height suitable to the turf variety, but will be allowed to grow exceedingly tall above Trimming and/or edging around all fixed objects (excluding monuments and markers) will occur at each scheduled mowing cycle regardless of assigned maintenance “land care level”. Fixed objects include but are not limited to pavement edges and curbs, light poles, sign posts, trees (specified by General Manager or designee), walls and fences, sidewalks an Trimming and/ or edging around monuments and / or markers will occur at each scheduled mowing cycle in land care level “A” and every other cycle regardless of assigned “land care level”. Medium n/a Medium Medium n/a n/a Grounds Condition of Bushes & Trees removal and/or replace) (Dead, Provider will inspect bushes/trees and maintain a canopy of 10 feet above ground level in all areas of the park where foot traffic occurs. Dead branches are to be removed and dying/diseased trees are to be identified and brought to the attention of the park staff. If any trees die or require removal, the supplier will suggest replacement options. Medium n/a Hardscape and landscape Hardscape and landscape bed maintenance (including paving cracks and crevices) will include removal of grass, weeds or other unwanted plant material by either manual or chemical means. Medium Turf applications Turf applications will be performed for weed and broadleaf control at the providers discretion based on best practices to manage weed growth and enhance the quality of the turf. Medium Grave Leveling Supplier will be responsible to level any graves monuments and markers that impact the appearance of the park Medium Ground Inspections Supplier will perform regular inspections and grounds walk throughs to confirm the parks are maintained to the agreed upon standards Medium Seasonal Planting of Flowe Supplier will be responsible for seasonal planting of flowers that impact the appearance of the park Medium n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a Events Category Descriptions Instructions Cemetery & Funeral Home Landscaping Snow Plowing When snow has fallen no trimming or mowing is needed. Supplier will take necessary steps to avoid any damage to the roads and grounds, if any damage occurs supplier will be responsible to repair. Snow events will include pre-treatment with salt and plowing as necessary to maintain safe roadways and walkways. The Supplier is responsible for maintaining clean and safe sidewalks, roadways, fire lanes, doorways, roads throughout the site, entrances to the site, and pathways. In order to ensure that these tasks are performed in a timely manner, the Supplier, and any Supplier they may supplement their work with, is required to be available curing the site business hours. If at any time inclement weather is present, the Supplier shall provide the necessary labor, equipment, and materials to remove ice and snow from the sites listed in this contract in a safe and timely fashion. In addition, the Supplier is to be responsible for any damage caused to any of the sites listed in the contract during the course of snow removal. This damage includes, but is not limited to; concrete or asphalt damage to roadways, walkways, curbs, concrete bollards, stone buffers, edging, turf, plant material, signage and markers. Additionally, any damage caused should be reported in the Work Order tool within 24 hours. Supplier will be prepared at each site to service and maintain a safe standard at the site, during the cemetery business hours. Supplier will be responsible for managing and determining how often follow-up service is needed, Supplier should maintain the standard of cleaned roads, walkways, etc, regardless of the duration. Supplier will use the necessary de-icing material that is approved for that location/state, the supplier will cover the cost of the material. Roadways / Sidewa Urgency High Work Orders Supplier submits WO to GM for any damages due to snow removal n/a Metrics/ Criteria Success n/a MTTR - response time and resolution n/a All Ground Complaints Customer complaints received about the conditions of the Grounds(Headstone dirty, Mausoleum floors dirty, Grass not cut etc) High GM and/or ADMIN submit WO along with the type of complaint Reduced number of complaints Complaint systems Timing for resolution Unscheduled Complaints The expectation is that the Supplier and StoneMor mutually define and agree upon standards for ‘A’, ‘B’ and ‘C’ areas, and the Supplier will provide the work needed to maintain these standards. Mowing: Defined standards for 3 levels A Level – will stay between 3 – 4 inches, frequency of cuts at supplier’s discretion B Level – will stay between 3 – 5 inches, frequency of cuts at supplier’s discretion C Level – will stay between 3 – 7 inches, frequency of cuts at supplier’s discretion Trimming/edging: Defined standards for 3 levels this cost will be included in the cost per acre A Level – all areas in the A level section should remain neatly trimmed; frequency of services at supplier’s discretion B Level – Should remain a consistent appearance and not appear overgrown. C Level – Should remain manageable. Visible C Level areas to the general public should be maintained as a B Level. Additional Landscape: Hedges, Flowers, Trees Supplier will maintain the front entrance of all parks to a high standard, this will include flowers, decorations, trimming of hedges, etc. Additional landscaping throughout the park will be defined by A, B, C level standards below. A Level – Hedges shall maintain a neat and clean appearance upon inspection after each service. B Level – Should be trimmed once at the beginning of the season and again at the end of the season to maintain a nice consistent appearance. C Level – Should be trimmed as needed to eliminate an unkept appearance or if a safety hazard is present. Supplier will propose new opportunities/recommendations that can improve the parks (including possibility of joint investment) Tree Work Supplier will do necessary maintenance to keep all trees alive and trimmed based on the standards defined for A, B, C level areas of the park. A Level B Level C Level Schedule 3 (Leased Vehicles and Equipment) (See attached) Schedule 3 STONEMOR - MOON MSA SCHEDULE 3A (Equipment) 3 Digit #Name State ASSET-TYPE-7 Asset Tag Number Description 450 Allegheny County Meml Pk 450 Allegheny County Meml Pk 450 Allegheny County Meml Pk 450 Allegheny County Meml Pk 454 Greenlawn Burial Estates 454 Greenlawn Burial Estates 454 Greenlawn Burial Estates 458 Lawn Haven Burial Estates 458 Lawn Haven Burial Estates 472 Lakewood Memorial Garden 472 Lakewood Memorial Garden 472 Lakewood Memorial Garden 472 Lakewood Memorial Garden 472 Lakewood Memorial Garden 461 Erie County Memorial Park 461 Erie County Memorial Park 461 Erie County Memorial Park 461 Erie County Memorial Park 461 Erie County Memorial Park 461 Erie County Memorial Park 467 Mt Royal Meml Park 467 Mt Royal Meml Park 467 Mt Royal Meml Park 467 Mt Royal Meml Park 467 Mt Royal Meml Park 467 Mt Royal Meml Park 467 Mt Royal Meml Park 467 Mt Royal Meml Park 467 Mt Royal Meml Park 465 Roselawn Meml Gardens 465 Roselawn Meml Gardens 465 Roselawn Meml Gardens 465 Roselawn Meml Gardens 465 Roselawn Meml Gardens 465 Roselawn Meml Gardens 452 Woodlawn Cemetery 452 Woodlawn Cemetery 452 Woodlawn Cemetery 452 Woodlawn Cemetery 456 Pinewood Memorial Park 456 Pinewood Memorial Park 456 Pinewood Memorial Park 456 Pinewood Memorial Park 456 Pinewood Memorial Park 456 Pinewood Memorial Park 456 Pinewood Memorial Park 456 Pinewood Memorial Park 603 Rolling Green Mem Park 603 Rolling Green Mem Park 603 Rolling Green Mem Park 603 Rolling Green Mem Park 603 Rolling Green Mem Park 603 Rolling Green Mem Park 603 Rolling Green Mem Park 603 Rolling Green Mem Park 603 Rolling Green Mem Park PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA CMEQ EQUIP EQUIP EQUIP CMEQ EQUIP EQUIP CMEQ CMEQ CAPLEASE CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP CMEQ CMEQ EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ 2970 13125 10915 14340 2855 10324 14284 3617 9894 13691 3688 3691 3694 9521 2948 5199 5592 6013 6047 12248 1825 2797 4001 4316 5237 9212 9377 10379 14231 1798 3649 5164 5202 5240 10418 3580 3587 12678 13283 3665 4000 4099 4148 5330 6155 9517 13920 3048 3049 3055 3057 3871 4017 4332 4400 5325 10547 NOC560413 10246 4262 12941 13193 13196 13199 10483 13094 10057 14094 14978 66849 A1-23849 13053 13055 3371 12821 12828 13100 14092 14394 14533 10718 10719 10756 10758 13769 14132 15013 15170 Industrial sweeper Case 580N Lowering Device Lowering Device XMark Mower Case 580SM2 Backhoe 2 in 1 Low Boy Maus Li Ford 555E Backhoe MAHINDRA 5010 W/ CAB & FRONT B 2004 Case 580SM - Tractor (580 CHAIN SAW HYDRAULIC PUMP HEDGE TRIMMER New Tractor Kubuta Mower Backhoe-Model 580m2T MOWER DECK FOR KABOTA MOWER Kubota Front Cut Mower Forks for Backhoe Imperial 5502SK Lowering Devic 2 Ford 3930 Tractors #600 Body li 1 Hustler Mower Tailgate salt spreader WACKER Lowering Device New Backhoe Noval Dump Trailer Lowering Device w/grass set A1 Ford Mower, Ford Tractor LOWERING DEVICE TRASH PUMP Backhoe-Model 580m2T BACKHOE BUCKET Ex Mark Mower WOCKER TAMPER LEAF VAC Imperial 5502S Lowering Device Streamliner Tow Bar SNOWPLOW & DEFLECTOR Cemetery Equipment New Holland Backhoe 2002 Hustler 4600 Serial Mower GENERATOR FOR TRAV MAUS LIFT Weld Pak 3200 Backhoe Bucket Trailer 6x12 with ramp Ford Tractor 2120 1993 Ford Backhoe 555D FORD 1710 TRACTOR JOHN DEERE 1010 BULLDOZER Ford 2120 Tractor EXMARK 2004 MOWER 36"" Backhoe bucket KUBOTA MOWER 2005 FORD F-450 W/DUMP BODY 3 Digit #Name State ASSET-TYPE-7 Asset Tag Number Description 603 Rolling Green Mem Park 603 Rolling Green Mem Park 603 Rolling Green Mem Park 603 Rolling Green Mem Park 603 Rolling Green Mem Park 252 Hillside Cemetery 252 Hillside Cemetery 252 Hillside Cemetery 252 Hillside Cemetery 252 Hillside Cemetery 252 Hillside Cemetery 252 Hillside Cemetery 252 Hillside Cemetery 252 Hillside Cemetery 252 Hillside Cemetery 252 Hillside Cemetery 252 Hillside Cemetery 252 Hillside Cemetery 252 Hillside Cemetery 252 Hillside Cemetery 252 Hillside Cemetery 108 Mt Lebanon-Forest Lawn 108 Mt Lebanon-Forest Lawn 108 Mt Lebanon-Forest Lawn 108 Mt Lebanon-Forest Lawn 108 Mt Lebanon-Forest Lawn 108 Mt Lebanon-Forest Lawn 108 Mt Lebanon-Forest Lawn 108 Mt Lebanon-Forest Lawn 108 Mt Lebanon-Forest Lawn 108 Mt Lebanon-Forest Lawn 108 Mt Lebanon-Forest Lawn 108 Mt Lebanon-Forest Lawn 108 Mt Lebanon-Forest Lawn 108 Mt Lebanon-Forest Lawn 108 Mt Lebanon-Forest Lawn 108 Mt Lebanon-Forest Lawn 108 Mt Lebanon-Forest Lawn 108 Mt Lebanon-Forest Lawn 108 Mt Lebanon-Forest Lawn 108 Mt Lebanon-Forest Lawn 108 Mt Lebanon-Forest Lawn 214 Woodlawn Memorial Park 214 Woodlawn Memorial Park 214 Woodlawn Memorial Park 214 Woodlawn Memorial Park 214 Woodlawn Memorial Park 214 Woodlawn Memorial Park 214 Woodlawn Memorial Park 214 Woodlawn Memorial Park 214 Woodlawn Memorial Park 214 Woodlawn Memorial Park 214 Woodlawn Memorial Park 214 Woodlawn Memorial Park 214 Woodlawn Memorial Park 214 Woodlawn Memorial Park 214 Woodlawn Memorial Park 214 Woodlawn Memorial Park PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CAPLEASE CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQO CMEQO CMEQO CMEQO EQUIP EQUIP EQUIP EQUIP 5454 6042 8951 10172 13952 11732 11733 11734 11735 11736 11737 11738 11739 11740 11741 11742 11743 11745 11746 13296 13939 14697 4657 4659 4664 4666 4667 4668 4669 4815 4839 4875 4900 4929 5423 5511 5513 11167 10081 10334 12095 13934 6435 6436 6437 6438 6439 6454 7983 8546 6827 6831 6854 6864 13256 11490 12467 14222 Air Compressor Toro 580-D Mower 2011 Case 580 N Backhoe Backhoe Forks Tamper serial#101541327617 1994 Ford 555 D 2004 New Holland LB75 2001 John Deere Gator 2004 John Deere Gator 2007 John Deere Gator 2009 John Deere Gator 2012 John Deere Gator 2013 John Deere Gator 1995 John Deere Tractor 970 1994 Ford 1920 Tractor 2008 John Deere 3120 Tractor 2009 New Holland L175 Skid Ste 2 dump trailers Pronovort Trailer 2013 Carry on Imperial 5502SK Lowering Devic Tamper serial#101541327613 2019 J Deere 310EP VIN 53475 RAKES & SHOUELS HEDGE TRIMMERS Red Max Weed Wackers (2) Used Lowering Device HEDGE TRIMMER LOWERING DEVICE John Deere 310 Backhoe Loader Backhoe bucket John Deere AMT626 Air Compressor Hydraulic Li Trimmers TORO SNOW COMMANDER Lowering Device Tent 12x12 Brown w/walls Case 590 Backhoe Trailer P7500E Generator Shl TS500i cut machine Tamper serial#101541327615 Case 580M 4WD Backhoe 580M 36" Backhoe Bucket Western Ultra Snow Blad McIntosh Backhoe Bucket 580M 12" Backhoe Bucket Sod Cuer (Backhoe Amt) Kubota 4wd Tractor Fold Rops Rammer Cememtery tent Internaonal Tractor Toro Snow Blower Scos Cememtery Lawn Spreader John Deere HPX4 Honda trash pump Casket Li Imperial Stainless Steel Devic 53475 11714 11716 11721 11723 11724 11725 11726 14025 14310 14584 14771 15098 64384 18500 52314 A1-23848 3 Digit #Name State ASSET-TYPE-7 Asset Tag Number Description 214 Woodlawn Memorial Park 401 Sunset Hill Cemetery 401 Sunset Hill Cemetery 401 Sunset Hill Cemetery 401 Sunset Hill Cemetery 401 Sunset Hill Cemetery 401 Sunset Hill Cemetery 401 Sunset Hill Cemetery 401 Sunset Hill Cemetery 401 Sunset Hill Cemetery 401 Sunset Hill Cemetery 401 Sunset Hill Cemetery 401 Sunset Hill Cemetery 401 Sunset Hill Cemetery 401 Sunset Hill Cemetery 401 Sunset Hill Cemetery IL EQUIP IL EQUIP IL EQUIP IL EQUIP IL EQUIP IL EQUIP IL EQUIP IL EQUIP IL EQUIP IL EQUIP IL EQUIP IL EQUIP IL EQUIP IL EQUIP IL EQUIP IL EQUIP 14706 13003 13004 13005 13006 13007 13008 13009 13010 13011 13013 13014 13015 13856 12815 13823 10954741 54095 24380834 WAC Vibratory Rammer Dump Trailer Monument Li/Sling Frigid Lowering Device Frigid Lowering Device John Deere 310 Backhoe John Deere 650 John Deere 4005 John Deere 06505 John Deere 06505 2007 Grass Hopper Mower 2010 Grass Hopper Mower Casket Li John Deere 930M Ztrak #5502SK lowering device BS 50-4S Rammer Tamper STONEMOR - MOON MSA SCHEDULE 3 (Vehicles) 3 Digit # Name State U nit # M odel Description Allegheny County Memorial Park Allegheny County Memorial Park Lakewood Memorial Park Erie County Memorial park Erie County Memorial park 450 450 472 461 461 467 Mt Royal Memorial Park 467 Mt Royal Memorial Park 467 Mt Royal Memorial Park Roselawn Memorial Gardens 465 Pinewood Memorial park 456 Pinewood Memorial park 456 Rolling Green 603 Hillside Cemetery 252 Hillside Cemetery 252 Hillside Cemetery 252 Hillside Cemetery 252 Hillside Cemetery 252 Hillside Cemetery 252 252 Hillside Cemetery 108 Mt. Lebanon Cemetery 108 Mt. Lebanon Cemetery 108 Mt. Lebanon Cemetery 108 Mt. Lebanon Cemetery 108 Mt. Lebanon Cemetery 108 Mt. Lebanon Cemetery 108 Mt. Lebanon Cemetery 108 Mt. Lebanon Cemetery 108 Mt. Lebanon Cemetery 108 Mt. Lebanon Cemetery 108 Mt. Lebanon Cemetery 214 Woodlawn Memorial Park 214 Woodlawn Memorial Park 214 Woodlawn Memorial Park 214 Woodlawn Memorial Park 401 401 401 Sunset Hill Memorial Estates Sunset Hill Memorial Estates Sunset Hill Memorial Estates PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ IL IL IL IL IL IL IL 01002096 2009 Ford Super Duty F-550 DRW 4WD Reg Cab WB CA (F57) 01002102 2014 Ford Super Duty F-550 DRW 4WD Reg Cab WB CA (F5H) 00995232 2004 Case 580SM - Tractor (580SM) 00996934 2016 Ford F-350 Chassis XL 4x4 SD Regular Cab 165 in. WB DRW (F3H) 01002106 1999 Ford Super Duty F-350 DRW Reg Cab WB 4WD (F37) 01002103 2014 Ford Super Duty F-550 DRW 4WD Reg Cab WB CA (F5H) 01002113 2014 Ford Escape Titanium 4dr 4x4 (U9J) 01019789 2001 CHEVROLET VENTURE 4DR WAGON EXT (1UM16) 01001873 1997 FORD F-250 HD P/U 4X4 133" WB (F26) 01002069 1995 Chevrolet C/K 3500 Reg Cab WB, CA 4WD DRW (CK31003) 01002092 2011 Ford Super Duty F-350 DRW 4WD SuperCab 162" WB 60" CA (X3H) 01019790 2006 Ford Explorer 4dr 114" WB 4.0L XLT 4WD (U73) 01001917 1999 CHEVROLET SILVERADO 1500 REG 133" (CK15903) 01001934 1997 CHEVROLET 3500 HD CHASS-CAB 183.5" (CC31003) 01002064 2003 FORD F-250 SD SUPERCAB SRW 4WD (X21) 01002072 2009 Chevrolet Silverado 1500 Work Truck 4x4 Extended Cab 6.6 . box 143.5 in. WB (CK10753) 01002073 1998 CHEVROLET K2500 REG CAB P/U 131.5" (CK20903) 01002112 2007 Ford Super Duty F-450 DRW 4WD Reg Cab WB CA (F47) 01008084 2001 Ford Super Duty F-450 Reg Cab 4WD (F47) 01001925 1998 FORD EXPLORER 4DR WAGON 4X4 (U34) 01002174 2009 Ford Super Duty F-250 SRW 4WD Reg Cab 137" (F21) 01002183 1998 GMC SIERRA 1500 REG CAB 131.5 (TC10903) 01002184 1998 GMC SIERRA 1500 REG CAB 131.5 (TC10903) 01002194 1985 GMC Pickup C2500 01002195 1997 Ford F-350 Chassis Cab Reg Cab WB, CA DRW 4WD (F38) 01002216 2014 Ford Super Duty F-350 DRW 4WD Reg Cab WB CA (F3H) 01002218 2008 Ford Escape XLT 3.0L 4dr 4x4 (U93) 01002220 1987 Ford Bronco 2dr Wagon (U15) 01002221 1998 FORD EXPLORER 4DR WAGON 4X4 (U34) 01016564 2019 John Deere 310EP - Backhoe / Loader (310 EP) 01001654 2002 Chrysler Town & Country All-wheel Drive Passenger Van Small Van (RSCP53) 01001676 2004 Chevrolet Silverado 3500 Chassis Work Truck 4x4 Regular Cab 137 in. WB DRW (CK36003) 01001687 2005 GMC Sierra 1500 Work Truck 4x4 Extended Cab 6.6 . box 143.5 in. WB (TK15753) 01001907 1989 GMC 3/4 Ton Pickups Fleetside 131.5" 4WD (K20903) 01001673 2005 Chrysler Town & Country LX Front-wheel Drive LWB Passenger Van (RSYH53) 01001677 2015 Chevrolet Silverado 2500HD WT 4x4 Regular Cab 8 . box 133.6 in. WB (CK25903) 01001680 2000 GMC Classic Sierra 3500 Reg Cab 135.5" WB 4WD DRW (TK31003) V IN 1FDAF57Y69EA85028 1FDUF5HY0EEB03478 N4C304033 1FDRF3H63GEB56655 1FDWF37S0XEE80535 1FDUF5HYXEEA87399 1FMCU9J98EUE32754 1GNDX03EX1D252778 1FTHF26H8VEC21947 1GBJK34K9SE214183 1FD8X3H64BEC82489 1FMEU73E26ZA11480 1GCEK14V2XE159644 1GBJC34R6VF047614 1FTNX21L83EC15977 1GCEK19C79Z237242 1GCGK24R5WZ255339 1FDXF47Y27EB04028 1FDXF47S31EA83161 1FMZU34E2WUB84258 1FTNF21589EA07014 1GTEC14M0WZ850988 1GTEC14M2WZ850989 2GTFC24H6F1522321 3FEKF38G1VMA39752 1FDRF3H60EEB73071 1FMCU93128KB85688 1FMEU15H5HLA33628 1FMZU34EZWUB84258 1T0310ELCKG353475 2C8GT54L82R573985 1GBJK34UX4E291908 1GTEK19BX5E159872 1GTGK24K6KE507331 2C4GP44R65R236742 1GC0KUEG8FZ527263 1GDJK34R7YF517941 Schedule 4 (Pricing Schedule) (See attached) Schedule 4 STONEMOR - MOON MSA SCHEDULE 4 3 Digit # 4 Digit # Name JAN FEB MAR 1H'20/ Month (Rollout Period) APR MAY JUN 2H'20/ Month JUL Monthly Total Monthly 2021 Annual 2022 2023 2024 Monthly Annual Monthly Annual Monthly Annual 450 454 458 472 461 467 465 452 456 603 252 108 214 215 401 TOTALS 5637 5618 5622 5636 5625 5631 5629 5616 5620 603 252 2163 214 215 401 Allegheny County Memorial Park Greenlawn Burial Estates Lawn Haven Burial Estates Lakewood Memorial Park Erie County Memorial Park Mt. Royal Memorial Park Roselawn Memorial Gardens - PA Woodlawn Cemetery Pinewood Memorial Park Rolling Green Cemetery Hillside Cemetery Mt. Lebanon Cemetery Woodlawn Memorial Park-IL Woodlawn Memorial Park II-IL Sunset Hill Cemetery Bi-Monthly Payment 3,725 3,725 3,725 3,725 3,725 3,725 3,725 3,725 3,725 9,253 9,253 3,435 2,957 2,957 3,039 3,725 3,725 3,725 3,725 3,725 3,725 3,725 3,725 3,725 9,253 9,253 3,435 2,957 2,957 3,039 3,725 3,725 3,725 3,725 3,725 3,725 3,725 3,725 3,725 9,253 9,253 3,435 2,957 2,957 3,039 3,725 3,725 3,725 3,725 3,725 3,725 3,725 3,725 3,725 3,435 2,957 2,957 3,039 8,472 8,472 8,472 8,472 8,472 8,472 8,472 8,472 8,472 29,079 29,079 3,435 10,016 10,016 7,485 10,945 10,945 10,945 10,945 10,945 10,945 10,945 10,945 10,945 29,079 29,079 4,219 13,692 13,692 13,441 18,378 18,378 10,945 10,945 10,945 10,945 10,945 10,945 10,945 10,945 10,945 29,079 29,079 27,281 13,692 13,692 13,441 10,945 10,945 10,945 10,945 10,945 10,945 10,945 10,945 10,945 29,079 29,079 27,281 13,692 13,692 13,441 99,987 99,987 99,987 99,987 99,987 99,987 99,987 99,987 99,987 278,769 278,769 185,081 117,691 117,691 113,731 11,164 11,164 11,164 11,164 11,164 11,164 11,164 11,164 11,164 29,661 29,661 27,826 13,966 13,966 13,710 133,965 133,965 133,965 133,965 133,965 133,965 133,965 133,965 133,965 355,928 355,928 333,916 167,592 167,592 164,522 11,387 11,387 11,387 11,387 11,387 11,387 11,387 11,387 11,387 30,254 30,254 28,383 14,245 14,245 13,984 136,645 136,645 136,645 136,645 136,645 136,645 136,645 136,645 136,645 363,047 363,047 340,594 170,944 170,944 167,813 11,615 11,615 11,615 11,615 11,615 11,615 11,615 11,615 11,615 30,859 30,859 28,950 14,530 14,530 14,264 139,378 139,378 139,378 139,378 139,378 139,378 139,378 139,378 139,378 370,308 370,308 347,406 174,363 174,363 171,169 11,847 11,847 11,847 11,847 11,847 11,847 11,847 11,847 11,847 31,476 31,476 29,529 14,821 14,821 14,549 142,165 142,165 142,165 142,165 142,165 142,165 142,165 142,165 142,165 377,714 377,714 354,354 177,850 177,850 174,592 64,421 64,421 64,421 82,672 41,336 165,362 82,681 201,707 100,854 224,768 112,384 224,768 112,384 1,991,614 229,264 114,632 2,751,166 233,849 116,925 2,806,189 238,526 119,263 2,862,313 243,297 121,648 2,919,559 Schedule 5 (Outsourced Sites) (See attached) Schedule 5 STONEMOR - MOON MSA SCHEDULES 1 & 5 3 Digit # 4 Digit # Name Address Rollout Date Outsourced Status Division Area Cluster RegionSub-Region StoneMor Field Organizaon Moon Organizaon 450 454 458 472 461 467 465 452 456 603 252 108 214 215 401 5637 5618 5622 5636 5625 5631 5629 5616 5620 603 252 2163 214 215 401 Allegheny County Memorial Park Greenlawn Burial Estates Lawn Haven Burial Estates Lakewood Memorial Park Erie County Memorial Park Mt. Royal Memorial Park Roselawn Memorial Gardens - PA Woodlawn Cemetery Pinewood Memorial Park Rolling Green Cemetery Hillside Cemetery Mt. Lebanon Cemetery Woodlawn Memorial Park-IL Woodlawn Memorial Park II-IL Sunset Hill Cemetery 1600 Duncan Avenue Allison Park, PA 15101 731 West Old Route 422 Butler, PA 16001 1290 Butler Road Worthington, PA 16262 943 Rt 910 Cheswick, PA 15024 7880 Edinboro Road Erie, PA 16509 2700 Mt. Royal Blvd. Glenshaw, PA 15116 17045 Conneaut Lake Road Meadville, PA 16335 450 Penn Avenue Aliquippa, PA 15001 20950 Rte 19 Cranberry Twp., PA 16066 1008 West Chester Pike West Chester, PA 19382 2556 Susquehana Rd Roslyn, PA 19001 485B Route 1 South, Suite 340 23060 West Jefferson St Joliet, IL 60431 22500 West Jefferson St Joliet, IL 60431 50 Fountain Drive Glen Carbon, IL 62034 5/11/2020 5/11/2020 5/11/2020 5/11/2020 5/11/2020 5/11/2020 5/11/2020 5/11/2020 5/11/2020 4/16/2020 4/16/2020 6/29/2020 5/11/2020 5/11/2020 5/18/2020 YES North YES North YES North YES North NO North YES North NO North YES North YES North YES North YES North YES North YES South YES South NO South NA2 NA2 NA2 NA2 NA2 NA2 NA2 NA2 NA2 NA3 NA1 NA4 SA4 SA4 SA4 NC08 NC08 NC08 NC08 NC08 NC08 NC08 NC07 NC08 NC10 NC01 NC11 SC39 SC39 SC37 R3 R3 R3 R3 R3 R3 R3 R3 R3 R4 R4 R4 R1 R1 R1 North Pisburgh North Pisburgh North Pisburgh North Pisburgh North Pisburgh North Pisburgh North Pisburgh North Pisburgh North Pisburgh Philadelphia - Non AOP Philadelphia - Non AOP New Jersey Chicago Chicago West (Back To Top) Section 13: EX-10.47 (EX-10.47) MASTER SERVICES AGREEMENT BY AND BETWEEN STONEMOR OPERATING LLC AND MOON LANDSCAPING, INC. 1 Exhibit 10.47 This MASTER SERVICES AGREEMENT (“Master Agreement”) is entered into on April 2, 2020 and made effective as of April 1, 2020 (the “Effective Date”), by and between STONEMOR OPERATING LLC, a Delaware limited liability company (together with its successors or assigns, “Customer”), and MOON LANDSCAPING, INC., a Pennsylvania corporation (“Supplier”). MASTER SERVICES AGREEMENT RECITALS 1. 2. 3. 1. Having completed one or more Pilot Periods (as defined in those certain Transition Services Agreements executed by the parties prior to the date hereof (the “Transition Services Agreements”)), Customer and Supplier now desire to enter into this Master Services Agreement, pursuant to which Customer is engaging Supplier to develop, implement and provide all manner of property management and operational services at each of the funeral homes, cemeteries and other properties owned by Customer, the locations of which are identified on Schedule 1 attached hereto and made a part hereof (the “Properties”), in accordance with the roll-out schedule attached hereto as Schedule 1. The purpose and objective of this Agreement is to consolidate all of Customer’s property management and operational responsibilities under one entity, utilizing trained personnel and customized business processes and systems. Supplier has developed, implemented and provided the Services to Customer at certain Pilot Locations (as defined in the Transition Services Agreements) on a scale similar to that contemplated in this Agreement; has the trained personnel and the business processes and systems necessary to provide the Services to Customer; and desires to provide such Services to Customer. AGREEMENT NOW, THEREFORE, in consideration of the mutual covenants and promises made by the parties hereto, Customer and Supplier mutually agree to the following terms and conditions: Structure of Agreement. The Parties agree to the terms and conditions set forth in this Master Agreement and in the Statement of Work executed by the Parties referencing this Master Agreement. The Statement of Work is incorporated into this Master Agreement, and the applicable portions of this Master Agreement are incorporated into the Statement of Work. The Statements of Work and this Master Agreement are herein collectively referred to as the “Agreement.” (a) Components of the Agreement. The Agreement consists of: (i) (ii) (iii) the provisions set forth in this Master Agreement and the Exhibits and Schedules referenced herein; the Statement of Work attached hereto as Exhibit B (Statement of Work) and the Schedules referenced therein, with such additions, deletions and modifications as the Parties may agree; and any additional Statements of Work executed by the Parties pursuant to this Master Agreement, including the Schedules referenced in each such Statement of Work. 2 (b) (c) (d) Definitions. All capitalized terms used in the Agreement shall have the meanings set forth in Exhibit A (Definitions). Other capitalized terms used in the Agreement are defined where they are used and have the meanings so indicated. Statements of Work. The Services will be described in and be the subject of (i) one or more Statements of Work executed by the Parties pursuant to this Master Agreement, and (ii) this Master Agreement. Deviations from Master Agreement, Priority. In the event of a conflict, the terms of the Statements of Work shall be governed by the terms of this Master Agreement, unless an individual Statement of Work expressly and specifically notes the deviations from the terms of this Master Agreement. In the event of a conflict, the terms of each Statement of Work shall govern the terms of the Schedules referenced therein. In the event of a conflict, the terms of this Master Agreement shall govern the terms of the Exhibits referenced herein. 2. 3. Term of Agreement. The Term of the Agreement will begin as of the Effective Date and will terminate at 11:59 pm Eastern Daylight Time on December 31, 2024, unless terminated earlier pursuant to Section 17 of this Agreement. The Services. For purposes of this Agreement, “Services” means (i) services, functions, responsibilities, activities, tasks and projects to be performed by Supplier set forth in the Agreement, as they may evolve and be supplemented and enhanced during the Term; (ii) the functions, responsibilities, activities, tasks and projects not specifically described in the Agreement as a part of Services which are required for the proper performance and provision of the Services or are an inherent part of, or necessary subpart included within, the Services; (iii) services, functions, responsibilities, activities, tasks and projects that are of a nature and type that would ordinarily be performed by a company in the Customer’s industry sector, even if not specifically described in the Agreement; and (iv) services, functions, responsibilities, activities, tasks and projects routinely performed by the Customer personnel and subcontractors who are transitioned to Supplier, displaced or whose functions were displaced as a result of the Agreement, even if not specifically described in the Agreement. (a) Obligation to Provide Services; Scheduling. (i) (ii) Obligation to Provide Services. Starting on the Effective Date and continuing during the Term, Supplier shall provide the Services described in the Statement of Work to, and perform the Services for, Customer in accordance with the Statement of Work and the Agreement. Responsibilities. Supplier and Customer will each perform their respective duties, obligations and responsibilities (“Responsibilities”) as set forth in each Statement of Work. Customer’s failure to perform a Responsibility will excuse Supplier’s obligation to perform its corresponding obligations under the Agreement only if Supplier provides written notice to Customer of such failure and demonstrates that: (i) Customer’s failure was the direct cause of Supplier’s inability to perform; and (ii) Supplier could not have continued performance by using reasonable methods, activities and procedures. In the event of (i) and (ii), Supplier will be excused from 3 performance of those Services impacted by Customer’s failure to perform only to the extent that, and for so long as, Customer’s failure to perform its Responsibilities prevents Supplier’s performance, and provided that Supplier takes reasonable steps to mitigate the effects of Customer’s failure to perform. (iii) Scheduling and Communication. Customer and Supplier shall schedule Services and track the completion of Services through a mutually acceptable scheduling and performance tracking tool (e.g., Smartsheet), pursuant to which: (A) (B) (C) (D) Customer will be responsible for task requests, quality standards and timeline requirements; Supplier will be responsible for task scheduling, resource allocation, and current/completion status; Each party to assign dedicated resources to manage and maintain access, system privileges and capabilities for their employees; and Both parties to embed mutually agreeable performance metrics and customer complaint resolution requirements in the scheduling and performance-tracking tool. Customer and Supplier agree that Services will be performed in accordance with the Work Order Management System (“WOMS”) attached hereto as Schedule 2, including the Quality Standards described therein. The WOMS has been prepared by Customer and accepted by Supplier. Any proposed updates thereto, which, from time to time, may be necessary to reflect any substantive changes therein, will also be prepared by Customer and provided to Supplier (either in print or electronic formats) within a reasonable time prior to the implementation of such changes. Either Party may, from time to time, request updates or amendments to the WOMS. Critical, Time-Sensitive Services; Self-Remedy. If there is a critical and time-sensitive customer or safety-related Service (e.g., burial) that Supplier is unable to timely perform and/or (iv) deliver, and Customer has exhausted all available escalation pathways with Supplier, then, in order to ensure that such Service is handled timely, Customer shall have the right to perform and/or deliver such Service, or engage a Third Party to do so, and all costs and expenses associated therewith that are incurred by Customer will be Supplier’s responsibility and will be deducted from the next Service Fee installment due Supplier. (b) Compliance with Laws and Policies. (i) Generally. Supplier shall perform the Services in compliance with: (A) (B) all Laws applicable to Supplier in its performance and delivery of the Services; all Laws applicable to the portion of the operations of the Customer performed by Supplier as part of the Services, just as if the Customer performed the Services itself, as interpreted, augmented and/or modified by the Customer Compliance Directives (collectively, the “Customer Compliance Requirements”); and 4 (C) all policies and procedures of general application of the Customer as published by Customer from time to time and delivered to Supplier. (ii) (iii) Customer Compliance Directives. From time to time Customer may instruct Supplier in writing as to compliance with any of the Customer Compliance Requirements and changes in Supplier’s policies and procedures relating to such compliance (a “Customer Compliance Directive”). Supplier is authorized to act and rely on, and shall promptly implement, each Customer Compliance Directive in the performance and delivery of the Services, subject to the provisions of Section 3(b)(iii) below. Regulatory Changes. Supplier shall, with Customer’s approval and at Supplier’s expense, conform the Services in a timely manner to any changes in the compliance matters referred to in Section (A) above. Supplier shall also, with Customer’s approval, conform the Services in a timely manner to any change in Customer Compliance Requirements (including Customer Compliance Directives). (c) Procedures Manuals; Training. (i) (ii) Content. Supplier shall perform the Services in accordance with the policies and procedures documented in an operational procedures manual to be developed by Supplier (which may include video-taped training materials) on or before May 1, 2020, and subject to the review and written approval of Customer (as approved by Customer, each, a “Procedures Manual”). Procedures Manuals shall be written explicitly and comprehensively enough to enable the Customer to readily understand the Services Supplier is to perform and how such Services will be performed. Updates. Supplier will be responsible for the preparation of the Procedures Manuals and will prepare and provide to Customer, in both print and electronic formats, proposed updates thereto as necessary to reflect any substantive changes therein within a reasonable time prior to the implementation of such changes. Either Party may, from time to time, request updates or amendments to the Procedures Manuals. (d) (e) Performance and Service Levels; Partner Meetings. Supplier agrees that the performance of the Services will meet or exceed the “Success Metrics” set forth on Exhibit C attached hereto, and the Service level specifications described in (or attached as a Schedule to) the Statement of Work. In order to evaluate the quality of the Services during the Term, and to identify changes and/or improvements to the overall program, Customer and Supplier will attend monthly review meetings to discuss, among other things, the timing and status of the roll-out schedule, potential changes to the Statement of Work or the Service level specifications, New Services (if any), program improvements and expectations. In addition, Customer and Supplier will attend quarterly business review meetings with executive- level representatives of each Party to discuss, among other things, growth opportunities, program improvements and expectations. Disaster Recovery Services. Supplier shall, within thirty (30) days of the Effective Date or such later timeframe as may be approved by Customer, develop a Disaster Recovery Plan adapted to the provision of the Services, which Supplier shall have the capacity to execute and perform. The Disaster Recovery Plan shall be subject to the review, audit 5 and written approval of Customer. Supplier agrees to implement, maintain and improve the Disaster Recovery Plan as necessary to keep the plan current with applicable industry standards and best practices, or as otherwise necessary to satisfy Supplier’s obligations under the Agreement. Prior to implementing any material change to the Disaster Recovery Plan, Supplier will provide Customer a copy of such change for Customer’s consent. Upon Supplier’s determination of a disaster or the possibility of the occurrence of a disaster situation, Supplier shall promptly notify Customer and implement the Disaster Recovery Plan. During any disaster, Supplier will notify Customer daily of the status of the disaster. During a disaster, Supplier will not give greater priority to any of its other customers in its recovery efforts than it gives to the Customer. Upon conclusion of a disaster, Supplier will as soon as reasonably practicable, provide Customer with an incident report detailing the reason for the disaster and all actions taken by Supplier to resolve and/or respond to the disaster. (f) Hazardous Materials. (i) (ii) (iii) Supplier shall not bring any hazardous materials onto the Properties, except for those used in the ordinary course of landscape services. All hazardous materials brought onto the Properties by Supplier shall be used and disposed of in full compliance with all applicable local, county, state and federal governmental laws and regulations and manufacturer directions. For minor releases of hazardous materials (immaterial quantities of gasoline, oil, antifreeze, etc.), Supplier staff shall: (A) (B) Immediately call the appropriate Customer representative at the affected Property to report the spill and document the release of hazardous materials at the location; and Use the spill kit (if available at the Property) to clean up the spill (all foreman are to be trained in minor spill containment). In case of a large release, Supplier staff shall immediately report the release to the local fire department or other applicable local agency/department, Supplier’s manager, and the appropriate Customer representative at the affected Property. The fire department or other applicable local agency/department will, at Supplier’s expense if applicable, take over the incident and do one of the following: (A) (B) Contain the release of hazardous materials to their ability; or Contact a qualified contractor, who will be paid by Supplier to handle larger releases that the fire department or other applicable local agency/department is not capable of handling. (iv) For all spills, Supplier shall, at its expense: (A) (B) (C) (D) Evacuate employees and bystanders from the area immediately; Ensure all people avoid contact with the hazardous materials; Control the release to the level of its staff’s training; and Retain a qualified contractor or vendor to properly dispose of the hazardous material and document the disposal in accordance with applicable laws or 6 regulations and perform any remediation required by applicable laws or regulations as a result of such release. 4. New Services. During the Term, Customer may request that Supplier provide New Services. New Services may be activities that are performed on a continuous basis for the remainder of the Term or activities that are performed on a project basis. If, after review of the Statement(s) of Work, it is determined that the service could qualify as an existing Service, then the Parties will treat such service as an existing Service and Supplier will perform such service in accordance with its existing obligation to perform the Services. If the service does not qualify as an existing Service, then that service will be deemed a New Service. To request a New Service, Customer will deliver to Supplier a written request with reasonable detail regarding such service through the scheduling and performance tracking tool described in Section 3(a)(iii) above (the “New Service Request”). Upon receipt of Customer’s New Service Request, Supplier may prepare and deliver to Customer a written statement (the “New Service Response”) describing any changes in products, services, assignment of personnel and other resources that Supplier believes would be required. No New Service implementation shall occur without the mutual agreement of the Parties to the terms and conditions of such New Service including any additional Service Fee associated therewith. Any agreement of the Parties with respect to New Services will be in writing, will constitute an amendment to the Agreement and shall also become a “Service” and be reflected in a new Statement of Work hereto or in an amendment to the existing Statement of Work hereunder. 5. Vehicle and Equipment Leasing. The Parties agree that Supplier has leased or will lease from Customer the vehicles and equipment used to service the Properties, identified on Schedule 3 attached hereto (collectively, the “Vehicles and Equipment”), for the duration of the Term. During the Term, Supplier shall at its sole cost and expense (i) maintain the Vehicles and Equipment in good operating condition, subject to normal wear and tear, and (ii) undertake all repairs and preventive maintenance on the Vehicles and Equipment in accordance with the applicable manufacturer’s recommendations. With respect to those Vehicles and Equipment that may be leased by Customer from third parties, Supplier agrees to utilize said Vehicles and Equipment in a manner that does not render Customer in default under such third party leases. Customer shall be responsible for insuring the Vehicles and Equipment for the duration of the term. Notwithstanding anything to the contrary set forth herein, Customer and Supplier acknowledge and agree that Supplier has been leasing certain of the Vehicles and Equipment since the “Effective Date” identified in each of the prior Transition Services Agreements, and that each party’s respective obligations relative thereto commenced as of such “Effective Date” and will continue for the duration of the Term of this Agreement in accordance with the provisions set forth herein. Customer will transfer title to all Vehicles and Equipment then owned by Customer to Supplier at the expiration of the Term on December 31, 2024, and thereafter, Supplier shall be solely responsible for all such Vehicles and Equipment. 7 6. 7. Services Performed by Customer or Third Parties. Supplier is engaged by Customer on a non-exclusive basis to provide the Services under the Agreement. Accordingly, Customer retains the right, exercisable in its sole discretion, to perform itself, or retain Third Parties to perform, any service, function, responsibility, activity or task that is within the scope of the Services or would constitute a New Service. Service Fee; Property Enhancement Budgets: For Services performed during the Term of this Agreement, Customer shall pay Supplier a bi-monthly service fee in the amount set forth on the Pricing Schedule attached hereto as Schedule 4 (the “Service Fee”), which Service Fee is inclusive of all applicable taxes (including sales tax). Invoices shall be due from Supplier on the first (1st) and fifteenth (15th) day of each calendar month, and shall be processed and paid by Customer in the nearest following accounts payable processing cycle. The Service Fee may be increased by mutual consent of the parties if (1) Customer acquires additional Properties for which Services are needed, or (2) there is a material increase in the scope of Services described in the Statement of Work attached hereto. The Service Fee may be decreased, but only at Customer’s direction, if (1) Customer sells or otherwise disposes of any of the Properties for which Services are being provided, in which event the Service Fee will be decreased by the amount allocated to said Property or Properties as set forth on Schedule 4 attached hereto (subject to the year over year adjustments reflected on Schedule 4), or (2) there is a material reduction in the scope of Services described in the Statement of Work attached hereto, in which event the Service Fee will be decreased by an amount mutually agreed to by Customer and Supplier. Customer and Supplier shall meet in the fourth quarter of each calendar year to establish a mutually acceptable property enhancement budget for the Properties then covered by this Agreement (each a “Property Enhancement Budget”). The Property Enhancement Budget shall identify for the following calendar year additional modest Property-specific beautification, appearance enhancing or efficiency-driven projects, together with pricing and timelines associated with these activities, which are outside the normal scope of Services. To the extent there are any additional costs and expenses associated with the projects identified in the Property Enhancement Budget, the parties will cooperate with each other in good faith to determine how such costs and expenses will be allocated between the parties. 8. Employees. (a) Customer shall identify the personnel currently employed by Customer who perform functions related to the Services, and whose positions will be displaced as a result of the Agreement. Supplier agrees to make an offer of employment to each of the employees so identified, it being understood and agreed that Supplier’s offer of employment will reflect benefits and compensation that are commensurate with those currently offered by Customer to said employees in order to minimize, to the fullest extent possible, employee attrition as a result of the transition contemplated herein. Employees who accept such offers of employment (each, a “Rehired Employee”) shall become an employee of Supplier as of the Effective Date. Effective as of the Effective Date, all Rehired Employees shall become employees of Supplier and shall cease to be employees of Customer. Supplier shall be solely liable for all liabilities and obligations arising out of the employment of such Rehired Employees that arise after the Effective Date, and 8 Customer shall remain liable, to the extent required by applicable Law, for all liabilities and obligations arising out of the employment of such Rehired Employees accrued up to but not including the Effective Date. For the avoidance of doubt, as to those Rehired Employees engaged by Supplier prior to the date hereof pursuant to the Transition Services Agreements, the term “Effective Date” as used in the preceding sentence shall mean the Effective Date identified in each of the prior Transition Services Agreements. Supplier and its employees, affiliates, agents, contractors and subcontractors shall conduct themselves with an appropriate level of decorum when entering, conducting work at, and leaving the Properties and shall perform all Services and New Services in a manner that does not unreasonably disrupt, interfere with or disturb the conduct of Customer’s business or the use or enjoyment of the Properties by Customer or its invitees, licensees or permittees. Supplier shall provide all labor, material, equipment and fully-trained personnel necessary to perform the Services at the Properties. Supplier shall perform driving and criminal backgrounds on all employees (including all temporary employees or independent consultants) before entry onto the Properties and annually thereafter. Supplier is responsible for its employees’ behavior and appropriate appearance at all times, and will require its employees to act professionally and courteously. Supplier shall maintain strict discipline among its employees, affiliates, agents, contractors and subcontractors at all times and will only employ persons with sufficient skill, training, ongoing safety training and experience to perform the tasks for which they are employed. Supplier shall have an experienced supervisor on-site at all times when the Services are performed and such supervisor should be bilingual as necessary. Supplier shall provide its employees with appropriate uniforms, the style and color of which have been approved by the Customer. Supplier is responsible for its own tools and equipment, their maintenance, and ensuring that all equipment remains in proper working order. Supplier shall be responsible for ensuring that its employees, affiliates, agents, contractors and subcontractors have received proper training and the appropriate personal protective equipment (such as hard hats, back belts and ear protection) to ensure safety and compliance with all applicable local, county, state and federal governmental laws and regulations (including, without limitation, OSHA). All Services shall be performed in a good and workmanlike manner and in accordance with applicable local, county, state and federal governmental laws and regulations (including, without limitation, OSHA) and applicable professional horticulture 9 (b) (c) (d) (e) (f) (g) (h) (i) (j) standards, using appropriately trained, uniformed, and supervised personnel, and properly maintained equipment. (k) (l) Any substances applied as part of the Services (including, without limitation, fertilizers, pesticides and herbicides) shall be applied strictly in accordance with all applicable local, county, state and federal governmental laws and regulations by properly licensed personnel, and in accordance with the manufacturer’s directions. Supplier shall (and shall cause all subcontractors to), at Supplier’s expense, maintain all applicable licenses and permits necessary for the Services. Supplier shall provide proof of such licenses upon request. 9. Engagement of Third Parties by Supplier. If, in the performance of the Services, Supplier determines that it must retain one or more Third Parties to perform certain work, the cost of which exceeds $500.00, Supplier shall notify Customer and Customer shall have the right to approve such engagement, except to the extent the engagement is necessary in the event of an Emergency (as defined below) If Supplier needs to engage the services of a Third Party in the event of an Emergency and such engagement would be subject to Customer approval as set forth above, Supplier will use commercially reasonable efforts to obtain such approval; provided, however, if Supplier is unable to obtain Customer approval either because a Customer representative is unavailable or the nature of the Emergency is such that it requires immediate action, Supplier will be authorized to expend costs and expenses in excess of $500.00 to the extent necessary to mitigate the impact or consequence of the event on the other Party or the Property and/or stabilize the Emergency. “Emergency” shall mean circumstances in which Supplier believes that human life or the Property is in imminent danger or threatened and which require immediate action to protect the Property against damage or destruction, or prevent the occurrence of accident or injury to persons, so threatened or occurring from any cause. In the event of an Emergency, Supplier shall, as soon as is practicable, but not later than twelve (12) hours thereof, notify Customer of such occurrence and of all actions taken and costs incurred and the reasons therefor. 10. Covenants. (a) (b) Services. Supplier shall render Services using appropriately trained, uniformed, and supervised personnel that have the necessary knowledge, training, skills, experience, qualifications and resources to provide and perform the Services in accordance with the Agreement, and shall render Services in a prompt, professional, diligent, and workmanlike manner, consistent with industry standards applicable to the performance of such Services, utilizing properly maintained equipment. Continuous Improvement. Supplier shall diligently and continuously improve the performance and delivery of the Services by Supplier and the elements of the policies, processes, procedures and systems that are used by Supplier to perform and deliver the Services, subject to the approval of Customer. 10 (c) Regulatory Approvals. Supplier will timely obtain and maintain all necessary approvals, licenses and permits (required by Law or otherwise) applicable to its business and the provision of the Services. 11. Representations and Warranties. (a) Representations and Warranties of Customer. Customer represents and warrants to Supplier as follows: (i) (ii) (iii) Organization; Power. As of the Effective Date, Customer (i) is a limited liability company, duly organized, validly existing and in good standing under the Laws of the State of Delaware, and (ii) has full limited liability company power to own, lease, license and operate its properties and assets and to conduct its business as currently conducted and to enter into the Agreement. Authorized Agreement. This Agreement has been, and each Statement of Work will be, duly authorized, executed and delivered by Customer and constitutes or will constitute, as applicable, a valid and binding agreement of Customer, enforceable against Customer in accordance with its terms. No Default. Neither the execution and delivery of this Agreement or any Statement of Work by Customer, nor the consummation of the transactions contemplated hereby or thereby, shall result in the breach of any term or provision of, or constitute a default under, any charter provision or bylaw, agreement (subject to any applicable consent), order, or Law to which Customer is a Party or which is otherwise applicable to Customer. (b) Representations and Warranties of Supplier. Supplier represents and warrants to Customer as follows: (i) (ii) (iii) (iv) Organization; Power. As of the Effective Date, Supplier (i) is a corporation, duly organized, validly existing and in good standing under the Laws of the State of Pennsylvania, and (ii) has full corporate power to own, lease, license and operate its properties and assets and to conduct its business as currently conducted and to enter into the Agreement. Authorized Agreement. This Agreement has been and each Statement of Work will be duly authorized, executed and delivered by Supplier and constitutes or will constitute, as applicable, a valid and binding agreement of Supplier, enforceable against Supplier in accordance with its terms. No Default. Neither the execution and delivery of this Agreement or any Statement of Work by Supplier, nor the consummation of the transactions contemplated hereby or thereby, shall result in the breach of any term or provision of, or constitute a default under, any charter provision or bylaw, agreement (subject to any applicable consent), order or Law to which Supplier is a Party or that is otherwise applicable to Supplier. Consents. Except as otherwise provided in the Agreement, no authorizations or other consents, approvals or notices of or to any Person are required in connection with (i) the execution, delivery and performance by Supplier of the Agreement, (ii) 11 the development, implementation or operation of the equipment and systems necessary for Supplier to perform the Services in accordance with the applicable provisions of the Agreement and in compliance with all applicable Laws and Customer Compliance Requirements and Supplier regulatory requirements, or (iii) the validity and enforceability of the Agreement. Performance Warranty. The Services will conform to the description of the Services set forth in each Statement of Work and to general industry standards for the Services and products offered by Supplier pursuant to the Agreement. Equipment. Supplier shall maintain the Equipment so that it operates in accordance with its specifications, including (i) maintaining Equipment in good operating condition, subject to normal wear and tear, and (ii) undertaking repairs and preventive maintenance on Equipment in accordance with the applicable Equipment manufacturer’s recommendations. No Litigation. There is no action, suit, proceeding or investigation pending or, to Supplier’s knowledge, threatened, that questions the validity of the Agreement or Supplier’s right to enter into the Agreement or any Statement of Work or to provide any of the Services. (v) (vi) (vii) (c) (d) Pass-Through Warranties. In the event Supplier purchases or procures any Third Party products or services for the Customer in connection with the provision of the Services, in addition to the foregoing representations, warranties and covenants, Supplier shall pass through or assign to the Customer the rights Supplier obtains from the manufacturers and/or vendors of such products and services (including warranty and indemnification rights), all to the extent that such rights are assignable. To the extent that such rights are not assignable by Supplier, Supplier agrees that the Customer may assert or enforce any right Supplier may have to enforce such representations, warranties and covenants, or if such can only be enforced by Supplier under its own name, upon written request by the Customer, Supplier shall take all reasonable action requested by the Customer to enforce such representations, warranties and covenants. Disclaimer. EXCEPT AS OTHERWISE EXPRESSLY PROVIDED IN THIS AGREEMENT OR IN ANY STATEMENT OF WORK, THE PARTIES MAKE NO REPRESENTATIONS, WARRANTIES OR CONDITIONS, EXPRESS OR IMPLIED, REGARDING ANY MATTER, INCLUDING THE MERCHANTABILITY, SUITABILITY, FITNESS FOR A PARTICULAR USE OR PURPOSE, OR RESULTS TO BE DERIVED FROM THE USE OF ANY SERVICE, DELIVERABLES OR OTHER MATERIALS PROVIDED UNDER THIS AGREEMENT. 12. Insurance; Waiver of Subrogation: (a) Insurance. During the Term, Supplier will maintain, at Supplier’s sole cost and expense, general liability insurance, automobile liability insurance, and workers’ compensation insurance covering the activities of Supplier and any person or entity acting for or on behalf of Supplier (including, without limitation, the Supplier Parties (as hereinafter defined)) at the Properties and/or in connection with the Services and any Statement of Work. Such insurance shall be in commercially reasonable amounts. Evidence of such 12 insurance will be provided to Customer upon signing of this Agreement and thereafter upon request. Without limiting the foregoing, Supplier agrees to insurance coverage in the following minimum amounts: (i) Commercial General Liability with limits of not less than $2,000,000.00 per occurrence and $2,000,000.00 in the aggregate, which shall include contractual liability, personal injury protection and completed operations coverage (including coverage for the indemnity clauses provided by Supplier), (ii) Commercial Automobile Liability covering owned, hired and non-owned vehicles with limits of $1,000,000.00 combined single limit each occurrence, and (iii) Workers’ compensation insurance in an amount required by applicable Law. The insurance described in clauses (i) and (ii) shall include Customer, StoneMor Inc., StoneMor Partners L.P., StoneMor Operating LLC and any additional parties specified by Customer as additional insureds. Each of the above policies will be primary and non-contributory with respect to any policies carried by any additional insured. Any coverage carried by Customer shall be excess insurance. Such insurance shall be placed with reputable insurance companies licensed or authorized to do business in the states in which the Properties are located, and have a minimum Best’s rating of A-/VII. (b) Waiver of Subrogation. To the fullest extent permitted by applicable Law, Supplier agrees to look solely to its insurers, and does hereby release and waive any and all rights it has now, or may have in the future, to recover against Customer, or any of its respective trustees, beneficiaries, general or limited partners, directors, officers, agents, servants, subsidiaries, affiliates or employees (collectively, the “Releasees”) for loss or damage to personal property, and for claims of injury to, or death of, employees of Supplier in any way relating to or resulting from the performance of the Services, including claims for contribution, indemnity or reimbursement of worker’s compensation benefits. Supplier hereby agrees that its insurers (and the insurers of any Supplier subcontractors) shall waive all rights of subrogation with respect to claims against the Releasees arising out of the Services. The Customer does not assume any liability of any nature or kind for bodily injuries or property damages, or any other damages, arising out of Supplier’s performance of the Services. 13. Conduct. Notwithstanding anything in this Agreement to the contrary, Supplier acknowledges that the Properties are operated as cemeteries, funeral homes and/or related uses and that Supplier and its employees, affiliates, invitees, licensees, agents, consultants, contractors and subcontractors (collectively, the “Supplier Parties”) shall conduct themselves with an appropriate level of decorum when entering, working on, and leaving the Properties. Supplier and the Supplier Parties shall perform all Services in a manner that does not unreasonably disrupt, interfere with or disturb the conduct of Customer’s business or the use or enjoyment of the Properties by Customer, or its invitees, licensees or permittees. 14. Cemetery Operations; Burial Issues. Supplier acknowledges and agrees that Supplier may be required to perform one or more of the following tasks as part of the Services, either independently (without assistance or involvement by Customer), or in conjunction with Customer: (i) garden mapping, pinning, surveying and layout of burial spaces; (ii) excavating graves; (iii) installing vaults, concrete crypts and urns; (iv) opening and closing graves, niches and crypts; (v) setting up markers, crypt bars and niche bars; (vi) maintaining accurate records 13 and (vii) ensuring the accuracy of interments and entombments (collectively, the “Cemetery Operations”). Supplier further acknowledges and agrees that wrongful burial issues (“Burial Issues”) may result from a failure to follow Cemetery Procedures (defined below) or properly perform the Cemetery Operations, which failure may expose Customer to third party claims by customers of the cemetery and their families. (a) Obligations. (i) (ii) (iii) (iv) Supplier agrees to perform the Cemetery Operations in accordance with Customer’s established policies and procedures, including, without limitation, Customer’s blind-check process (collectively, the “Cemetery Procedures”). Supplier will refrain from modifying any of the Cemetery Procedures without Customer’s prior review and approval. In the event Supplier becomes aware of a potential Burial Issue, Supplier shall immediately notify Customer and request further instruction. Supplier shall not attempt to remedy a potential Burial Issue or take any other corrective action including, by way of example and without any limitation, moving a misplaced pin, without, in each instance, Customer’s prior approval. Supplier agrees to cooperate with, and otherwise assist, Customer in promptly resolving any Burial Issue in the manner and within the timeframe established by Customer in order to mitigate third party claims by customers of the cemetery and their families. To the extent Customer has to defend itself against a third party claim alleging a wrongful burial issue, about which Supplier has knowledge or other relevant information, Supplier agrees to cooperate, and to cause Supplier’s employees to cooperate, with Customer and to provide any such information that Customer may reasonably request regarding such matter. (b) Liability. Subject to Customer’s approval rights set forth in Section 14(a) hereof, Supplier shall, at Supplier’s sole cost and expense, correct any and all Burial Issues that occur as a direct or indirect result of Supplier’s acts or omissions, or the acts or omissions of the Supplier Parties. 15. Repairs. (a) (b) Repairs Generally. Supplier shall, at Supplier’s sole cost and expense, repair and restore any damage to the Properties occurring as a result of the Services or of any act or omission of Supplier or any of the Supplier Parties, including without limitation, replacing any damaged marker, memorial or bench. Supplier will perform such repair or restoration within thirty (30) days of demand by Customer, and if Customer performs such repair or restoration on Supplier’s behalf, Supplier shall pay the costs thereof to Customer within thirty (30) days of the delivery by Customer of an invoice. Customer shall have the right to deduct from payments of the Service Fee the amount of any invoice for damage that has been outstanding for more than thirty (30) days. Vault Damage. In the case of vault damage, if such damage occurs during the initial opening of the vault and prior to closing, Supplier is required to replace the damaged vault (or such component thereof, as may be applicable) at Supplier’s sole cost and 14 expense. If, however, the damage occurs in the course of re-opening the vault, Supplier and Customer will each bear one-half (i.e., 50%) of the cost to replace such damaged vault (or such component thereof, as may be applicable). This Section shall survive termination of this Agreement. 16. Independent Contractor/Personnel/Subcontractors; Outsourced Landscaping Agreements. (a) (b) Independent Contractor/Personnel/Subcontractors. In providing the Services under this Agreement it is expressly agreed that Supplier is acting as an independent contractor and not as an employee of Customer. Customer and Supplier acknowledge that this Agreement is exclusively a contract for service. Subject to Section 8 hereof, Supplier shall have at all times a sufficient number of capable personnel to enable it to perform its duties hereunder. Only fully qualified, experienced and competent persons shall be assigned to provide the Services. Supplier shall be responsible for the performance of all such personnel and all independent contractors, subcontractors and consultants retained or engaged by Supplier to assist Supplier in performing its duties hereunder. Supplier shall be responsible for all matters pertaining to the assignment and performance of personnel either employed by Supplier or provided by contract to Supplier to assist Supplier in performing its duties hereunder. Supplier shall be solely responsible for the payment of compensation (including provision for employment taxes, federal, state and local income taxes, workers compensation and any similar taxes) and benefits associated with the employment of Supplier’s personnel. Furthermore, Supplier shall fully comply with all applicable laws and regulations relating to workers’ compensation, social security, income and withholding pay, unemployment insurance, hours of labor, wages, working conditions and other employer-employee related matters with respect to any personnel who are employees of Supplier. In no event shall Customer be the employer of such personnel, contractors and consultants, and Customer shall have no liability to such employees, contractors and consultants for their compensation. Supplier is responsible for paying, and complying with reporting requirements for, all local, state and federal taxes related to payments made to Supplier under this Agreement. Outsourced Landscaping Agreements. Without limiting anything set forth in clause (a) above, Supplier hereby acknowledges and agrees that Services will be performed at the Outsourced Sites by the applicable third party listed on Schedule 5 until the date specified therein (unless cancelled, terminated or renewed in accordance with the applicable Assigned Agreement), and further reaffirms that all such Services shall adhere to the terms of this Agreement. During the Term of this Agreement, Supplier will be required to notify Customer, through the WOMS, when a third party is scheduled to perform Services at a Property. Moreover, not less than once per calendar year, Supplier will provide Customer with an update to Schedule 5, which identifies all of the sites where Services are to be performed by third parties, and the third parties performing such Services; this information will be required whether or not said third parties are engaged pursuant to an Assigned Agreement or a new third- party agreement entered into by Supplier during the Term. 17. Termination. 15 (a) (b) (c) Either Supplier or Customer may terminate this Agreement without cause upon one hundred (180) days’ prior written notice to the other party. In the event that Customer terminates this Agreement prior to the end of the Term without cause, on or prior to the date of termination (the “Termination Date”), Customer shall pay to Supplier an equipment credit for Vehicles and Equipment equal to One Million Dollars ($1,000,000) per year, prorated for the actual number of days elapsed in any partial year, from the Effective Date to the Termination Date. If either party breaches the terms of this Agreement and fails to cure such breach within ten (10) days after written notice from the non-breaching party specifying such breach, then the non-breaching party may elect to immediately terminate this Agreement by written notice to the breaching party. In addition to and without limiting the foregoing, if Customer fails to timely pay any undisputed Service Fees due under this Agreement and such failure continues for five (5) business days after written notice, then Supplier thereafter may elect while such failure exists, in its sole discretion, to (i) delay or cancel Services upon written notice to Customer, and/or (ii) immediately terminate this Agreement upon written notice to Customer. If this Agreement is terminated in accordance with its terms, any Services Fees shall be prorated on a per diem basis for Services performed until the date of termination, and such termination shall not release either party for liability for failure to perform any of the duties or obligations of either party required to be performed prior to such termination or any obligations under this Agreement stated to survive termination. Either Supplier or Customer may immediately terminate this Agreement upon written notice to the other party if (i) the other party becomes insolvent or is unable to pay its debts, or makes an assignment for the benefit of creditors, (ii) the other party enters into or files (or has filed or commenced against it) a petition, arrangement, application, action or other proceeding seeking relief or protection under the bankruptcy Laws of the United States or any similar Laws of the United States or any state of the United States or (iii) all or substantially all of the other party’s property is levied upon or scheduled to be sold in a judicial proceeding. 18. Indemnities. (a) Indemnity by Supplier. Supplier agrees to indemnify and hold harmless Customer, its Affiliates, and the respective current, future and former officers, directors, members, employees, agents, successors and assigns of each of the foregoing, and each of the foregoing persons or entities (the “Customer Indemnitees”) on demand, from and against any and all Losses incurred by any of them, and shall defend the Customer Indemnitees against all Claims arising from or in connection with: (i) (ii) All Claims arising out of, resulting from or related to the negligence or wrongful acts or omissions of Supplier or any Supplier Parties, or any breach or default by Supplier of this Agreement; all Claims by employees of Supplier or any of its Affiliates or subcontractors arising out of or relating to the Agreement or the Services, except to the extent caused by the gross negligence or willful misconduct of the Customer or any of its Affiliates 16 (iii) (iv) (v) (vi) (vii) (viii) (ix) (x) (xi) (xii) (xiii) or subcontractors (but excluding Supplier and Supplier Parties from such exception); all Claims arising out of, resulting from or related to any act or omission of Supplier in its capacity as an employer of an individual and arising out of or relating to (i) federal, state or other Laws or regulations for the protection of individuals who are members of a protected class or category of individuals, (ii) sexual discrimination or harassment, and (iii) any other aspect of the employment relationship or its termination (including claims for breach of an express or implied contract of employment) which arose when the individual asserting the claim, demand, charge, actions, cause of action or other proceeding was or purported to be an employee of, or candidate for employment by, the Supplier; all Claims related to damage to tangible or intangible personal or real property resulting from, arising out of or related to the acts of Supplier or any Supplier Parties that are outside of their provision of the Services while present on the Properties; all Claims for personal injuries, death or damage to tangible or intangible personal or real property, including claims of any employee of the Customer, to the extent caused by acts or omissions of Supplier or any Supplier Parties; all Claims arising from a violation of any Law applicable to Supplier and/or any Supplier Party or to the Customer, by Supplier or any Supplier Party; all Claims arising from fraud or theft committed by, or the willful misconduct of, Supplier or any Supplier Party; all Claims for Supplier’s tax liabilities arising from Supplier’s provision of Services; all Claims arising out of the failure of Supplier to obtain, or cause to be obtained, any consent or approval required for the Customer to receive and use the Services, or any component thereof, to the full extent provided in the Agreement; all Claims arising out of Supplier’s breach of its obligations under Section 3(b) (Compliance with Laws), or Section 14 (Cemetery Operations; Burial Issues) of the Agreement; all Claims that any personnel supplied by Supplier, its Affiliates and/or their permitted subcontractors under the Agreement is an employee or agent of the Customer, including: (i) the cost of any employee benefits Customer is required to provide to or pay for on behalf of any personnel supplied by Supplier, its Affiliates and/or their permitted subcontractors; and (ii) any Claim brought by any personnel supplied by Supplier, its Affiliates and/or permitted subcontractors against any Customer Indemnitee based upon the employer-employee relationship; any Claims arising out of Supplier’s breach of its representations or warranties set forth in the Agreement; and all Claims by, or increases in the charges payable to, the Third Party Providers under the Third Party Agreements caused by or arising out of any breach of the Agreement by Supplier or its Affiliates or subcontractors, or failure to properly and 17 timely perform any duty or responsibility that Supplier or any of its Affiliates or subcontractors has under the Agreement, except to the extent caused by any breach of the Agreement by Customer or its Affiliates or contractors (but excluding Supplier and its Affiliates and subcontractors from such exception). For the avoidance of doubt, Supplier shall be solely liable for, and shall fully indemnify Customer Indemnitees against, any claims arising from injury to, or death of, any Rehired Employee (whether engaged pursuant to the prior Transition Services Agreements or this Agreement) in any way relating to or resulting from the performance of the Services, including claims for contribution, indemnity or reimbursement of worker’s compensation benefits. (b) Indemnity by Customer. Customer agrees to indemnify and hold harmless Supplier, its Affiliates, and the respective current, future and former officers, directors, members, employees, agents, successors and assigns of each of the foregoing, and each of the foregoing persons or entities (the “Supplier Indemnitees”) on demand, from and against any and all Losses incurred by any of them, and shall defend the Suppler Indemnitees against all Claims arising from or in connection with: (i) All Claims arising out of, resulting from or related to the negligence or wrongful acts or omissions of Customer or any Customer Parties, or any breach or default by Customer of this Agreement. This Section shall survive termination of the Agreement. 19. 20. Limitation of Liability. NEITHER PARTY WILL BE LIABLE TO THE OTHER FOR ANY SPECIAL, PUNITIVE, EXEMPLARY, INCIDENTAL, INDIRECT OR CONSEQUENTIAL DAMAGES ARISING OUT OF THIS AGREEMENT OR ANY RESULTING OBLIGATION, WHETHER IN AN ACTION FOR OR ARISING OUT OF BREACH OF CONTRACT, TORT OR ANY OTHER CAUSE OF ACTION (EXCEPT THAT THE FOREGOING SHALL NOT APPLY TO ANY CLAIMS BY A THIRD PARTY FOR WHICH SUPPLIER IS OBLIGATED TO INDEMNIFY CUSTOMER PURSUANT TO THIS AGREEMENT). NO DIRECT OR INDIRECT CONSTITUENT MEMBER OF CUSTOMER, NOR ANY TRUSTEE, BENEFICIARY, SHAREHOLDER, PARTNER, MEMBER, MANAGER, OFFICER, DIRECTOR, EMPLOYEE OR OTHER AGENT OF CUSTOMER, SHALL HAVE ANY LIABILITY IN CONNECTION WITH THIS AGREEMENT. Notices. All notices, demands, requests, consents, approvals and other communications required or permitted to be given hereunder or which are to be given with respect to this Agreement shall be in writing and delivered personally, by overnight air courier service, by email, or by U.S. certified or registered mail, return receipt requested, postage prepaid, to the parties at their respective addresses set forth below, and the same shall be effective upon receipt if delivered personally, one (1) business day after depositing with an overnight air courier, or two (2) business days after depositing in the mail, or immediately, upon transmission (as confirmed by electronic confirmation of transmission generated by the sender’s machine) for any notice given by email: If to Customer: 18 c/o StoneMor Partners L.P. 3600 Horizon Boulevard, Suite 100 Trevose, PA 19053 Attn: Tom Connolly Office: 215-826-2808 Email: tconn@stonemor.com With a copy to: If to Supplier: c/o StoneMor Partners L.P. 3600 Horizon Boulevard, Suite 100 Trevose, PA 19053 Attn: Lorena L. Trujillo, Assistant General Counsel Office: 215-826-2865 Email: ltrujillo@stonemor.com Moon Landscaping 145 Moon Rd Box 673 Chesapeake City, MD 21915 Attn: William Hutchins V.P. and General in-house Counsel Office: 443-350-3674 Email: bhutchins@moonlandscaping.com 21. Miscellaneous. (a) (b) (c) Attorneys’ Fees and Costs: In the event of any litigation arising out of this Agreement, the prevailing party shall be entitled to reasonable attorneys’ fees and costs. Waiver of Jury Trial: THE PARTIES HEREBY WAIVE TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM BROUGHT BY EITHER OF THE PARTIES HERETO AGAINST THE OTHER ON ANY MATTERS WHATSOEVER ARISING OUT OF OR IN ANY WAY CONNECTED WITH THIS AGREEMENT. Governing Law; Jurisdiction: This Agreement shall be governed by and construed in accordance with the laws of the Commonwealth of Pennsylvania. This Agreement shall not be more strictly construed against one party or the other by reason of the rule of construction that a document is to be construed most strictly against the party who itself or through its agent prepared the same, it being agreed that the agents of all parties hereto have participated in the preparation of this Agreement. Both parties expressly agree that any and all legal proceedings arising under this Agreement will be brought exclusively in the state and federal courts located in the Commonwealth of Pennsylvania. (d) Binding Effect: This Agreement shall bind and inure to the benefit of the parties hereto and their respective successors and assigns. Notwithstanding the foregoing, neither this 19 Agreement nor any interest herein may be assigned or transferred, voluntarily or by operation of law, by Supplier without Customer’s prior written consent, which may be withheld in Customer’s sole discretion. No Waiver: No waiver of any of the provisions of this Agreement shall be deemed, or shall constitute, a waiver of any other provision, whether or not similar, nor shall any waiver constitute a continuing waiver, nor shall a waiver in any instance constitute a waiver in any subsequent instance. No waiver shall be binding unless executed in writing by the party making the waiver. Waiver And Release Of Lien Rights: To the extent permitted by applicable law, Supplier specifically waives and releases any claims it may have to a lien on or with respect to the Properties or any other assets of Customer, and shall not file any notice of claim or assert any lien or claim of lien with respect to any amounts that may be due to it. Supplier shall, from time to time, execute such lien waivers and releases as may be reasonably required by Customer or to otherwise effectuate this provision. Entire Agreement: This Agreement, including any schedules and exhibits attached hereto, shall constitute the entire Agreement between the parties hereto, and no modification thereof shall be effective unless made by supplemental agreement in writing executed by the parties hereto. Severability: If any term or provision of this Agreement or the application thereof to any person or circumstances shall, to any extent, be invalid or unenforceable, the remainder of this Agreement, or the application of such term or provision to persons or circumstances other than those as to which it is held invalid or unenforceable, shall not be affected thereby, and each term and provision of this Agreement shall be valid and be enforced to the fullest extent permitted by law. Counterparts; Electronic Signatures: This Agreement may be executed and delivered in any number of counterparts, each of which so executed and delivered shall be deemed to be an original and all of which shall constitute one and the same instrument. Facsimile and electronically transmitted signatures (such as a PDF) shall for all purposes be treated as originals. Rules of Construction. (a) Words in the singular shall be held to include the plural and vice versa and words of one gender shall be held to include the other gender as the context requires, (b) the word “including” and words of similar import shall mean “including, without limitation,” (c) provisions shall apply, when appropriate, to successive events and transactions, and (d) the headings contained herein are for reference purposes only and shall not affect in any way the meaning or interpretation of the Agreement. Further Assurances. During the Term and at all times thereafter, each Party shall provide to the other Party, at its request, reasonable cooperation and assistance (including the execution and delivery of affidavits, declarations, oaths, assignments, samples, specimens and any other documentation) as necessary to effect the terms of the Agreement. Force Majeure. Each Party will be excused from performance under the Agreement for any period and to the extent (and only to the extent) that it is prevented from or delayed (e) (f) (g) (h) (i) (j) (k) (l) 20 in performing any obligations pursuant to the Agreement, in whole or in part, as a result of a Force Majeure Event. If either Party is prevented from, or delayed in performing any of its obligations under the Agreement by a Force Majeure Event, it shall promptly notify the other Party verbally (to be confirmed in writing within twenty-four (24) hours of the inception of the delay) of the occurrence of a Force Majeure Event and describe, in reasonable detail, the circumstances constituting the Force Majeure Event and of the obligations, the performance of which are thereby delayed or prevented. The Party claiming that a Force Majeure Event has occurred shall continue to use commercially reasonable efforts to mitigate the impact or consequence of the event on the other Party and to recommence performance whenever and to whatever extent possible without delay. In the event of any Force Majeure Event, Customer shall not pay any fees in respect of the Services so affected. [SIGNATURE PAGE FOLLOW 21 By signing this Agreement in the space provided below, each party hereby represents and confirms that it has full power and authority to enter into this Agreement on its own behalf, and that this Agreement is a legally binding obligation of such party. CUSTOMER: STONEMOR OPERATING LLC, a Delaware limited liability company By: Name: Title: /s/ Tom Connolly Tom Connolly SVP, Business Planning & Operations [Signatures continue on following page.] [Signature Page to Master Services Agreement] SUPPLIER: MOON LANDSCAPING, INC., a Pennsylvania corporation By: Name: Title: /s/ William Hutchins William Hutchins President [Signature Page to Master Services Agreement] Exhibit A. Definitions. “Affiliate” means, with respect to a Party, any entity at any tier that controls, is controlled by, or is under common control with that Party. For purposes of this definition, the term “control” (including with correlative meanings, the terms “controlled by” and “under common control with”) means the possession directly or indirectly of the power to direct or cause the direction of the management and policies of an entity, whether through the ownership of voting securities, by trust, management agreement, contract or otherwise. “Assigned Agreements” means those certain landscaping agreements originally executed by Customer (or an Affiliate thereof) pursuant to which Customer engaged one or more third parties to perform landscaping and other services at the sites identified on Schedule 5 attached hereto (the “Outsourced Sites”). Customer has assigned to Supplier, and Supplier has assumed from Customer, all of Customer’s right, title and interest in and to Assigned Agreements pursuant to that certain Landscape Services Agreement (Outsourced StoneMor Sites—2020) dated as of December 20, 2019 executed by and between Customer and Supplier. “Claim” means any civil, criminal, administrative, regulatory or investigative action or proceeding commenced or threatened by a Third Party, including Governmental Authorities and regulatory agencies, however described or denominated. “Customer Equipment” means those machines, equipment, materials and other components necessary to provide the Services that are owned by Customer. “Disaster Recovery Plan” means a disaster recovery plan developed by Supplier in accordance with Section 3(e). “Equipment” means Customer Equipment and Supplier Equipment. “Force Majeure Event” means an event(s) meeting both of the following criteria: (1) Caused by any of the following: (a) catastrophic weather conditions or other extraordinary elements of nature or acts of God (other than localized fire or flood); (b) acts of war (declared or undeclared), acts of terrorism, insurrection, riots, civil disorders, rebellion or sabotage; and (c) quarantines, embargoes and other similar unusual actions of federal, provincial, local or foreign Governmental Authorities. Force Majeure Events generally do not include (i) vandalism, (ii) the regulatory acts of Governmental Authorities, (iii) Supplier’s inability to obtain hardware or software, on its own behalf or on behalf of Customer, or its inability to obtain or retain sufficient qualified personnel, except to the extent such inability to obtain hardware or software or retain qualified personnel results directly from the causes outlined above, or (iv) any failure to perform caused solely as a result of a Party’s lack of funds or financial ability or capacity to carry on business; and (2) The non-performing Party is without fault in causing or failing to prevent the occurrence of such event, and such occurrence could not have been prevented or circumvented through the use of commercially reasonable alternative sources, workaround plans or other means. “Governmental Authority” means any nation or government, any federal, state, province, territory, city, town, municipality, county, local or other political subdivision thereof or thereto, Exhibit A-1 any quasi-Governmental Authority, and any court, tribunal, arbitral body, taxation authority, department, commission, board, bureau, agency, instrumentality thereof or thereto or otherwise which exercises executive, legislative, judicial, regulatory or administrative functions of or pertaining to government. “Law” means all applicable laws (including those arising under common law), statutes, codes, rules, regulations, reporting or licensing requirements, ordinances and other pronouncement having the effect of law of the United States, any foreign country or any domestic or foreign state, county, city, province or other political subdivision, including those promulgated, interpreted or enforced by any Governmental Authority. Law includes Privacy Laws. “Losses” means any judgments, settlements, awards, losses, charges, liabilities, penalties, interest claims (including Taxes and all related interest and penalties incurred directly with respect thereto), however described or denominated, and all related reasonable costs, expenses and other charges (including all reasonable attorneys’ fees and reasonable internal and external costs of investigations, litigation, hearings, proceedings, document and data productions and discovery, settlement, judgment, award, interest and penalties), however described or denominated. “New Services” means the functions, responsibilities, activities, tasks and projects outside the scope of the Services that Supplier may provide to the Customer on terms to be agreed upon pursuant to Section 4. “Party” or “Parties” means Customer and/or Supplier, as parties to the Master Agreement. “Statement of Work” means a statement of work entered into by the Parties describing the Services to be provided by Supplier under that Statement of Work and the attached Schedules. Supplier’s failure to comply with such Service Level Specifications, including applicable Service level credits, procedures for modifying and improving Service Level Specifications and related provisions. “Service Level Agreement” means the schedule to each Statement of Work specifying the Service Level Specifications applicable to the Services described in each such Statement of Work, remedies for “Service Level Specifications” means the standards of performance to be met or exceeded by Supplier in providing the Services, as set forth in the applicable Service Level Agreement. “Supplier Equipment” means all equipment owned or leased by Supplier that is used, directly or indirectly, to provide the Services. duties or fees imposed on or measured by net or gross income or gross receipts, capital stock or net worth or in the nature of an income, capital, franchise, or net worth tax. “Tax” means federal, state and local sales, use and other similar types of transfer taxes or fees, however designated or imposed, which are in the nature of a transaction tax or fee, but not including any taxes, “Third Party” means a business or entity other than the Customer or the Supplier or any of their respective Affiliates. “Third Party Agreements” means those agreements for which Supplier has undertaken financial, management, operational, use, access and/or administrative responsibility and/or benefit in connection with the provision of the Services, and pursuant to which the Customer has contracted with a Third Party Provider to obtain any Third Party products, software and/or services that will be used, accessed and/or managed in connection with the Services. Exhibit A-2 “Third Party Provider” means a business or entity other than the Customer or the Supplier or any of their respective Affiliates that provides products, software and/or services under a Third Party Agreement. Exhibit A-3 Exhibit B (Statement of Work) (See attached) Exhibit B Exhibit C (Success Metrics) (See attached) Exhibit C Schedule 1 (Properties & Roll-Out Schedule) (See attached) Schedule 1 Schedule 2 (Work Order Management System) (See attached) Schedule 2 Schedule 3 (Leased Vehicles and Equipment) (See attached) Schedule 3 Schedule 4 (Pricing Schedule) (See attached) Schedule 4 Schedule 5 (Outsourced Sites) (See attached) Schedule 5 STONEMOR - MOON MSA EXHIBIT B (Statement of Work) & SCHEDULE 2 (Work Order Management System): Cemetery and Funeral Home Maintenance Events Category Descriptions Instructions Cemetery & Funeral Home Maintenance Scheduled or Unscheduled Events Space Verificaton Probbing/Space Verification GM or ADMIN will find/locate spaces for sales reps and customers. This will include space and lot verification. Space and Lot information will be sent to Supplier. Supplier will perform any surveying needed for the location. Blind check procedures: Supplier will perform blind check procedures to avoid compliance issues to avoid missed burials. This blind check procedures will also need to occur for at-need sales or pre need becoming at need Maintenance will be in charge of locating the lot and placing flags in that spot, the family will then confirm this is the correct spot Final sign off performed by the location Admin Outdoor Cermonies Setup, Opening/Lowering (Interment Service Prep), Service procedures and Equipment Prior to the event, supplier will be responsible for the carpeting, putting out chairs, mowing/trimming a ~100 ft radius to the plot prior to the service and setting up tents for the ceremonies, specifications will be defined during the pilot program These events can happen any day and at short notice. Supplier will be required to have staff in place to service any request Supplier will be responsible for opening the graves and installing both the vault and casket. In some cases, vaults will have been preinstalled, if damage occurs to vaults, refer to “Replacement” section. During the service the crew should be mindful of the family and attendees. For example, but not limited to: avoiding the area of the service, noise levels, overall conduct. Clean up and filling in grave accordingly and Radius for additional treatment completed (~100ft) Supplier will be responsible to maintain the needed equipment to perform the opening, lowering and closing Unscheduled Events* Indoor Cermonies Setup, Entombment, Inurnment Supplier will be responsible for the set-up of indoor ceremonies. After in- door ceremonies supplier will be responsible for moving the casket to storage until it is installed at scheduled time. Supplier will be responsible for the opening of the tomb in the mausoleum and entombing the casket, if the cover has not been delivered prior to the service a temporary cover will be installed. Upon delivery of the correct cover the supplier will be responsible for installing these and treating them as a “Scheduled Event” Supplier will be responsible for placing the urn in the niche, urn lot (depending on the location of the burial). Supplier will then close the lot with either a temp cover installed, or the inscriber will do it after the Time Constraints <24 hrs Urgency High Work Orders Metrics/Criteria Success MTTR - response time and resolution GM and/or Admin will submit WO to Supplier Space Verification Completed or No Timing of completion < 24 hrs High GM and/or Admin will submit WO to Supplier (All inclusive of the work order) Set-up completed prior to family arrival On-time or Delayed Timing of completion < 24 hrs High GM and/or Admin will submit WO to Supplier Set-up completed prior to family arrival On-time or Delayed Timing of completion Scheduled Events Vaults Pre-Installed Vaults Pre-installed vaults include, opening the grave, installing the vault and fully closing the grave Supplier will be responsible for scheduling and completing the required number of pre-installed vaults as indicated by (XX) in the defined work order tool. The supplier can use their discretion to schedule and deploy their team. If damage occurs to the installation of vaults, please refer to the “Replacement” section. Installation of the "pre- installed vault" should be within 30 days of Product Delivery Date Low GM and/or Admin will submit WO to Supplier What % of outstanding VICs - preinstalled vaults, Tracking notifaction of Vault delievery, vaults passed 30 days Timing of completion Scheduled Events Mausoleums/ Columbariums In-door Installment Supplier will be responsible for scheduling and completing the installment of covers in the Mausoleums/ Columbariums. The supplier can use their discretion to schedule and deploy their team based on the product deliveries (completed/engraved covers). Installation within 2 weeks of Product Delivery Date Medium GM and/or Admin will submit WO to Supplier n/a n/a n/a Scheduled Events Markers/Bases in-door or out-door installment Supplier will be responsible for scheduling and installing bases and makers. Markers/bases/Accessories may not be delivered for the ceremony or at the same time as the base, the supplier will manage and handle both installations and will use their discretion to ensure it is completed in a timely manner, no later than 2 weeks after the delivery of the marker, subject to winter weather conditions. If damage occurs during installation, please refer to the “Replacement” section. Installation within 2 weeks of Product Delivery Date Medium GM and/or Admin will submit WO to Supplier New work orders that went uninstalled: markers, headstones. % of backlog that is reduced (marker has been delivered and not installed). Tracking notifications of Markers/bases/c overs for installation, Passes X days Timing of completion % Any new work orders did they miss , when a markers is delivered must Correct Cover Entombment If the cover has not been delivered prior to the service a temporary cover will be installed. Upon delivery of the correct cover the supplier will be responsible for installing these and treating them as a “Scheduled Event” Installation immediate of Product Delivery Date Medium Supplier submits WO to GM Unscheduled Events Maintenance Inspection Out of Scope services Supplier shall monitor the Facilities during their maintenance visits and promptly report to General Manager or designee any needed repair or maintenance work that is outside of the scope of the Services, and shall report to General Manager or designee any vandalism, illegal dumping, or other illegal activity. Immediately during inspe Medium Supplier submits WO to GM be installed within 2 weeks is what is currently used n/a n/a n/a n/a n/a n/a Events Category Descriptions Instructions Cemetery & Funeral Home Maintenance Scheduled Events Decorations Holiday / Seasonal Events Supplier will manage the ordering and setup of seasonal, events, and ordered decorations Holidays: Supplier will offer the option or provide to all lots, decorations (flags, flowers, etc). StoneMor will provide decorations to be installed by Supplier. Example; flags for memorial day and any holiday that requires decorations other than flowers. Decorations will be removed at direction of park management or general best practices (IE if flag has fallen upon discovery). All decorations will be maintained and removed in accordance with park regulations. Supplier will manage orders for all decorations. Supplier will place flowers/decorations at grave sites when orders are received. Debris and Litter pick up will be conducted on an ongoing basis Urgency Work Orders Metrics/Criteria Success MTTR - response time and resolution Medium n/a n/a n/a n/a Time Constraints Installation prior Holiday Seasonal Event to / Scheduled Events Collecting Caskets Transportation of caskets from offsite locations to funeral homes Supplier will be responsible for collecting and delivering caskets from offsite locations when needed. Scheduled Events Construction Buildings, etc. Supplier will lead the construction of fixtures throughout the park, if proposed project is out of Supplier’s ability, they will find outside vendor. Supplier will work with StoneMor to provide new and innovative ideas to incorporate new fixtures around the park Date of completion will be enter on WO TBD Medium Low GM and/or Admin will submit WO to Supplier n/a n/a n/a Scheduled Events Additional Investment Improvements Supplier will provide StoneMor with annual investment ideas to improve the park, as well as a monetary amount that they will contribute. Supplier will propose any improvements directly to their point of contact A list of proposed improvement shall be provided to StoneMor corporate in preparation for budget cycles each year. TBD Low n/a n/a n/a n/a n/a n/a n/a n/a Scheduled Events Replacement (Damage to Markers, Benches Etc.) Markers, Benches, Granite Cover, Vaults In the result of damage to Markers, supplier will be required to file replacement order and cover replacement cost. Markers, Benches, etc. should be ordered by us and reimbursed or put on a new account. Many times, reasonable alternative must be discussed with families. In the result of damage to granite covers during the installation in Mausoleums/ Columbariums, suppliers will file replacement orders and cover replacement costs. If damage occurs during the initial opening of the vault and prior to closing, the Supplier is required to cover 100% of the cost. If damage occurs when reopening of the vault, the Supplier and StoneMor will split the cost 50/50 Immediate High Supplier submits WO to GM Repair Completion Tracking notifactions of Markers/bases/c overs for installation, Passes X days Timing of completion Scheduled Events In Door Facility Maintenance (Cleaning, repairing etc.) Mausoleum Cleaning Walk-thru Mausoleum buildings to check on and ensure cleanliness of bathrooms, that all lightbulbs are operational and that entrances are clear of debris. All fixtures are free of cobwebs and dust. Floors swept and mopped. Immediate Medium n/a Scheduled Events General Facility Maintenance (Cleaning, repairing etc.) Park, Buildings etc. Supplier will utilize staff to maintain a clean and neat appearance in the park. Included are “as necessary” services, not limited to, power washing buildings and features, touch up of features throughout the park (i.e. painting and cleaning), additional services that will enhance the appearance of the building (not including capital expense projects), such as paint touch up, minor repairs and rinsing windows and doors. Supplier will provide services to maintain inside the building including but not limited to: lightbulb replacement, minimal plumbing, cleaning, if supplier is not capable of these services they will provide an outside vendor and will follow the approval process for the fee. Medium Immediately during General Cleaning GM and/or ADMIN submit WO along with issue Completed or No Timing of completion Work order system Timing of completion Clean-up completed within a reasonable time period Work orders - minor (light bulb, cleaning) Work orders - major (urgent matters) Scheduled Events Pest Control Indoor & Outdoor Supplier will handle or outsource any necessary pest control for both indoor facilities and around the park. Unscheduled Events Complaints All Maintenance Issue Complaints Customer Complaints received about Maintenance issues (Mausleum is dirty, damage marker etc) Immediate Low <24 hrs High Supplier submits WO to GM GM and/or ADMIN submit WO along with the type of complaint n/a n/a n/a Resolution Time Completed or No Timing of completion *Time Sensitive: These events will be requested and needed to be completed on short notice, please take this into consideration when quoting and scheduling. These events can happen any day and within 24 hours. Supplier will be required STONEMOR - MOON MSA EXHIBIT B (Statement of Work) & SCHEDULE 2 (Work Order Management System): Cemetery and Funeral Home Landscaping Events Category Descriptions Instructions Cemetery & Funeral Home Landscaping Physical Inspection prior to mowing and/or trimming Damaged Irrigation Heads Loss or Misplaced flowers Scheduled Inclement Weather on schedule mowing day Mowing Trimming and / or Edging Grounds Condition of Bushes & Trees (Dead, removal and/or replace) Irrigation heads are retracted, remove trash and foreign debris but not limited to, items such as limbs, sticks, wilted flowers placed by visitors, silk and /or plastic flowers placed on ground Flag damaged or broken irrigation heads and submit WO to GM. Return to a permanet vase if it can be identifed. Unmatched flowers sent back to Maintenance area for storage and/or disposed as directed by GM. Broken or malfunctioning vases will be marked with colored flags to avoid futher damage. Mowing will follow the next acceptable mowing day. If grounds are too wet to allow acceptable mowing NO mowing will occur. (Tracking or ruttinging of the site is Unacceptable) If slightly wet conditions during mowing, do track clipping and / or mud on hard surfaces. If occurs supplier will clean up. Produce an even appearance with high and low spots. Adjust mowing heights throughout the year as specified by the GM. GM reserves the right to refuse the use of a mower on contracted property if mower is not producing acceptly even finish. Maintenance yards will be maintained in accordance with level “C” turf area standards. Unless in view of areas of area(s) A Turf in land care levels A, B and C will be mowed evenly at a height suitable to the turf variety, but will be allowed to grow exceedingly tall above Trimming and/or edging around all fixed objects (excluding monuments and markers) will occur at each scheduled mowing cycle regardless of assigned maintenance “land care level”. Fixed objects include but are not limited to pavement edges and curbs, light poles, sign posts, trees (specified by General Manager or designee), walls and fences, sidewalks an Trimming and/ or edging around monuments and / or markers will occur at each scheduled mowing cycle in land care level “A” and every other cycle regardless of assigned “land care level”. Provider will inspect bushes/trees and maintain a canopy of 10 feet above ground level in all areas of the park where foot traffic occurs. Dead branches are to be removed and dying/diseased trees are to be identified and brought to the attention of the park staff. If any trees die or require removal, the supplier will suggest replacement options. Urgency Medium Work Orders Supplier submits WO to GM n/a Metrics/ Criteria Success n/a MTTR - response time and resolution n/a Medium n/a Medium n/a n/a n/a n/a n/a n/a n/a Medium n/a n/a n/a n/a Medium n/a Hardscape and landscape Hardscape and landscape bed maintenance (including paving cracks and crevices) will include removal of grass, weeds or other unwanted plant material by either manual or chemical means. Medium n/a Turf applications Turf applications will be performed for weed and broadleaf control at the providers discretion based on best practices to manage weed growth and enhance the quality of the turf. Medium n/a Grave Leveling Supplier will be responsible to level any graves monuments and markers that impact the appearance of the park Medium n/a Ground Inspections Supplier will perform regular inspections and grounds walk throughs to confirm the parks are maintained to the agreed upon standards Medium Seasonal Planting of Flowe Supplier will be responsible for seasonal planting of flowers that impact the appearance of the park Medium n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a Events Category Descriptions Instructions Cemetery & Funeral Home Landscaping Snow Plowing When snow has fallen no trimming or mowing is needed. Supplier will take necessary steps to avoid any damage to the roads and grounds, if any damage occurs supplier will be responsible to repair. Snow events will include pre-treatment with salt and plowing as necessary to maintain safe roadways and walkways. The Supplier is responsible for maintaining clean and safe sidewalks, roadways, fire lanes, doorways, roads throughout the site, entrances to the site, and pathways. In order to ensure that these tasks are performed in a timely manner, the Supplier, and any Supplier they may supplement their work with, is required to be available curing the site business hours. If at any time inclement weather is present, the Supplier shall provide the necessary labor, equipment, and materials to remove ice and snow from the sites listed in this contract in a safe and timely fashion. In addition, the Supplier is to be responsible for any damage caused to any of the sites listed in the contract during the course of snow removal. This damage includes, but is not limited to; concrete or asphalt damage to roadways, walkways, curbs, concrete bollards, stone buffers, edging, turf, plant material, signage and markers. Additionally, any damage caused should be reported in the Work Order tool within 24 hours. Supplier will be prepared at each site to service and maintain a safe standard at the site, during the cemetery business hours. Supplier will be responsible for managing and determining how often follow-up service is needed, Supplier should maintain the standard of cleaned roads, walkways, etc, regardless of the duration. Supplier will use the necessary de-icing material that is approved for that location/state, the supplier will cover the cost of the material. Roadways / Sidewa Metrics/ Criteria Success MTTR - response time and resolution n/a n/a n/a Urgency High Work Orders Supplier submits WO to GM for any damages due to snow removal All Ground Complaints Customer complaints received about the conditions of the Grounds(Headstone dirty, Mausoleum floors dirty, Grass not cut etc) High Unscheduled Complaints Reduced number of complaints Complaint systems Timing for resolution GM and/or ADMIN submit WO along with the type of complaint • The expectation is that the Supplier and StoneMor mutually define and agree upon standards for ‘A’, ‘B’ and ‘C’ areas, and the Supplier will provide the work needed to maintain these standards. M owing: De T rimming/edging: De A dditional Lan T ree Work • • • • • • • • • • • A Level – will stay between 3 – 4 inches, frequency of cuts at supplier’s discretion B Level – will stay between 3 – 5 inches, frequency of cuts at supplier’s discretion C Level – will stay between 3 – 7 inches, frequency of cuts at supplier’s discretion A Level – all areas in the A level section should remain neatly trimmed; frequency of services at supplier’s discretion B Level – Should remain a consistent appearance and not appear overgrown. C Level – Should remain manageable. Visible C Level areas to the general public should be maintained as a B Level. • Supplier will maintain the front entrance of all parks to a high standard, this will include flowers, decorations, trimming of hedges, etc. Additional landscaping throughout the park will be defined by A, B, C level standards below. A Level – Hedges shall maintain a neat and clean appearance upon inspection after each service. B Level – Should be trimmed once at the beginning of the season and again at the end of the season to maintain a nice consistent appearance. C Level – Should be trimmed as needed to eliminate an unkept appearance or if a safety hazard is present. Supplier will propose new opportunities/recommendations that can improve the parks (including possibility of joint investment) Supplier will do necessary maintenance to keep all trees alive and trimmed based on the standards defined for A, B, C level areas of the park. - - - A Level B Level C Level STONEMOR - MOON MSA SCHEDULES 1& 5 STONEMOR - MOON MSA SCHEDULES 1& 5 StoneMor Field Organizaon Moon Organizaon 251 251 George Washington Cemetery 80 Stenton Avenue Plymouth Meeng,PA 19462 253 253 Sunset Memorial Park NE 333 W. County Line Rd Hunngdon Valley, PA 19006 360 5559 Riverside Cemetery 200 South Montgomery Ave. Norristown, PA 19403 919 919 Kirk & Nice @ Sunset 333 County Line Road Feasterville, PA 19053 920 920 Kirk & Nice Funeral Home 80 Stenton Avenue Plymouth Meeng,PA 19462 441 5586 Prospect Cemetery 501 Prospect Street East Strousburg, PA 18301 705 5819 Laurelwood Cemetery 901 Bryant Street Stroudsburg, PA 18360 354 5517 Bethlehem Memorial Park 1851 Linden Street Bethlehem, PA 18017 462 5626 Woodlawn Memorial Park Assn. 1500 Airport Road Allentown, PA 18103 613 613 Cedar Hill Memorial Park 1740 Airport Road Allentown, PA 18109 614 614 Grandview Cemetery 2735 Walbert Ave Allentown, PA 18104 615 615 Laurel Cemetery 2735 Walbert Ave Allentown, PA 18104 616 616 Arlington Memorial Park 1700 Airport Rd. Allentown, PA 18109 816 816 Weber Funreral Home 502 Ridge Ave Allentown, PA 18102 817 817 Weber Funeral Home 1619 Hamilton Street Allentown, PA 18102 818 818 Norcross-Weber FH 101-B North Main St Coopersburg, PA 18036 25 2127 Greenwood Cemetery 719 Highland Ave Lancaster, PA 17603 30 2137 Pleasant View Cemetery 650 Fritztown Road Sinking Spring, PA 19608 403 5569 Morris Cemetery 225 East Schuylkill Rd Postown, PA 19465 464 5628 Mt. Zion Cemetery & Mausoleum 225 East Schulykill Rd Postown, PA 19465 469 5633 Grand View Memorial Park 500 N Weber Street Lebanon, PA 17046 470 5634 Woodlawn Memorial Gardens - PA 4855 Londonderry Road Harrisburg, PA 17109 495 5672 Riverview Memorial Gardens 3776 Peters Mountain Rd Halifax, PA 17032 496 5673 Cumberland Valley Memorial 1921 Ritner Highway Carlisle, PA 17013 497 5674 Tri County Memorial Gardens 740 Wyndamere Road Lewisberry, PA 17339 498 5675 Blue Ridge Memorial Gardens 6701 Jonestown Road Harrisburg, PA 17112 501 5698 Prospect Hill 4855 Londonderry Rd. Harrisburg, PA 17109 502 5699 Westminster Cemetery 1159 Newville Road Carlisle, PA 17013 811 811 Heintzelman FH Centre Co 1037 Benner Pike State College, PA 16801 145 2240 Twin Hills Memorial Park 3332 Lycoming Mall Drive Muncy, PA 17756 300 2267 Juniata Memorial Park 9010 Us Hwy 522 S Lewistown, PA 17044 455 5619 Blair Memorial Park 3234 E Pleasant Valley Bl Altoona, PA 16601 457 5621 Centre County Memorial Park 1032 Benner Pike State College, PA 16801 475 5771 Tioga County Memorial Gardens 62 Rt. 54 Highway Montgomery, PA 17752 529 5682 Parklawn Memorial Gardens 14732 Boot Jack Road Ridgway, PA 15853 536 5713 Green Lawn Memorial Park 62 Route 54 Highway Montgomery, PA 17752 466 5630 Greene County Memorial Park 1003 Jefferson Rd Waynesburg, PA 15370 617 617 Lafayee Memorial Park PO Box 308 Brier Hill, PA 15415 618 618 Sylvan Heights Cemetery 603 N. Gallan Ave Uniontown, PA 15401 727 727 FOREST LAWN GDNS 3739 Washington Rd McMurray, PA 15317 813 813 Stephen R.Hakey FH 603 North Gallan Avenue Uniontown, PA 15401 459 5623 Mt. Lebanon Cemetery - PA 509 Washington Road Pisburgh, PA 15228 460 5624 South Side Cemetery 1404 Brownsville Road Pisburgh, PA 15210 4/16/2020 YES 4/16/2020 YES 4/16/2020 YES 4/16/2020 YES 4/16/2020 YES 4/20/2020 YES 4/20/2020 YES 4/20/2020 YES 4/20/2020 YES 4/20/2020 YES 4/20/2020 YES 4/20/2020 YES 4/20/2020 YES 4/20/2020 YES 4/20/2020 YES 4/20/2020 YES 4/27/2020 YES 4/27/2020 YES 4/16/2020 YES 4/16/2020 YES 4/27/2020 YES 4/27/2020 YES 4/27/2020 NO 4/27/2020 YES 4/27/2020 YES 4/27/2020 YES 4/27/2020 YES 4/27/2020 YES 5/26/2020 YES 5/26/2020 NO 5/26/2020 NO 5/26/2020 NO 5/26/2020 NO 5/26/2020 NO 5/26/2020 NO 5/26/2020 NO 5/11/2020 YES 5/11/2020 YES 5/11/2020 YES 5/11/2020 YES 5/11/2020 YES 5/11/2020 YES 5/11/2020 YES North NA1 NC01 North NA1 NC01 North NA1 NC01 North NA1 NC01 North NA1 NC01 North NA1 NC02 North NA1 NC02 North NA1 NC03 North NA1 NC03 North NA1 NC03 North NA1 NC03 North NA1 NC03 North NA1 NC03 North NA1 NC03 North NA1 NC03 North NA1 NC03 North NA1 NC04 North NA1 NC04 North NA1 NC04 North NA1 NC04 North NA1 NC04 North NA1 NC04 North NA1 NC04 North NA1 NC04 North NA1 NC04 North NA1 NC04 North NA1 NC04 North NA1 NC04 North NA1 NC04 North NA2 NC05 North NA2 NC05 North NA2 NC05 North NA2 NC05 North NA2 NC05 North NA2 NC05 North NA2 NC05 North NA2 NC06 North NA2 NC06 North NA2 NC06 North NA2 NC06 North NA2 NC06 North NA2 NC07 North NA2 NC07 R4 Philadelphia - Non AOP R4 Philadelphia - Non AOP R4 Philadelphia - Non AOP R4 Philadelphia - Non AOP R4 Philadelphia - Non AOP R4 Allentown R4 Allentown R4 Allentown R4 Allentown R4 Allentown R4 Allentown R4 Allentown R4 Allentown R4 Allentown R4 Allentown R4 Allentown R4 Harrisburg R4 Harrisburg R4 Philadelphia - Non AOP R4 Philadelphia - Non AOP R4 Harrisburg R4 Harrisburg R4 Harrisburg R4 Harrisburg R4 Harrisburg R4 Harrisburg R4 Harrisburg R4 Harrisburg R3 Altoona R3 Altoona R3 Altoona R3 Altoona R3 Altoona R3 Altoona R3 Altoona R3 Altoona R3 South Pisburgh R3 South Pisburgh R3 South Pisburgh R3 South Pisburgh R3 South Pisburgh R3 South Pisburgh R3 South Pisburgh 471 5635 Coraopolis Cemetery Main & Woodland Road P.O. Box 384 Coraopolis, PA 1 5/11/2020 YES 693 5833 Charers Cemetery Company 801 Noblestown Road Carnegie, PA 15106 5/11/2020 YES 451 5615 Castleview Memorial Park 3010 Wilmington Road New Castle, PA 16105 5/11/2020 YES North NA2 NC07 R3 North Pisburgh North NA2 NC07 R3 South Pisburgh North NA2 NC08 R3 North Pisburgh 453 5617 Crestview Memorial Park P.O. Box 975 Grove City, PA 16127-0975 463 5627 Sunset Hill Memorial Gardens 6615 Us 322 P.O. Box 188 Cranberry, PA 16319 583 5705 Mt. Airy Cemetery 2800 Old Freeport Rd Natrona Heights, PA 15065 812 812 Kyper FH @ Mt. Royal 2702 Mt Royal Blvd Glenshaw, PA 15116 66 2076 Shenandoah Memorial Park 1270 Front Royal Pk Winchester, VA 22602 124 2166 Sunset Memorial Park - MD 13800 Bedford. Rd. N.E. Cumberland, MD 21502 192 2226 Hill Crest Burial Park 10901 Mason Road Cumberland, MD 21501 282 5573 Panorama Memorial Gardens 4917 Strasburg Road Strasburg, VA 22657 283 5574 Evergreen Memorial Gardens - VA 13 S. Marye Lane Luray, VA 22835 284 5575 Hillcrest Memory Gardens 4160 Rixeyville Road Jeffersonton, VA 22724 303 303 All Saints Cemetery 291 Durham Road Newtown, PA 18940 304 304 All Souls Cemetery 3215 Manor Drive Coatesville PA 19320 305 305 Calvary Cemetery 199 Matsonford Road Conshohocken, PA 19428 306 306 Cathedral Cemetery 1032 N 48th Street Philadelphia PA 19428 307 307 Holy Cross Cemetery 626 Baily Rd Yeadon PA 19050 309 309 Holy Sepulchre Cemetery 3301 W Cheltenham Avenue Philadelphia PA19150 5/11/2020 YES 5/11/2020 YES 5/11/2020 YES 5/11/2020 YES 4/6/2020 NO 5/11/2020 YES 5/11/2020 YES 4/6/2020 NO 4/6/2020 NO 4/6/2020 YES 4/20/2020 YES 4/20/2020 YES 4/20/2020 YES 4/20/2020 YES 4/20/2020 YES 4/20/2020 YES North NA2 NC08 North NA2 NC08 North NA2 NC08 North NA2 NC08 North NA2 NC09 North NA2 NC09 North NA2 NC09 North NA2 NC09 North NA2 NC09 North NA2 NC09 North NA3 NC10 North NA3 NC10 North NA3 NC10 North NA3 NC10 North NA3 NC10 North NA3 NC10 R3 North Pisburgh R3 North Pisburgh R3 North Pisburgh R3 North Pisburgh R3 Northern Virginia R3 South Pisburgh R3 South Pisburgh R3 Northern Virginia R3 Northern Virginia R3 Northern Virginia R4 Philadelphia - AOP R4 Philadelphia - AOP R4 Philadelphia - AOP R4 Philadelphia - AOP R4 Philadelphia - AOP R4 Philadelphia - AOP 310 310 Immaculate Heart of Mary Cemete Township Line Rd and Market Street Linwood PA 190 4/20/2020 NO North NA3 NC10 R4 Philadelphia - AOP 311 311 New Cathedral Cemetery Front Street & Kuzerne Steet Philadelphia PA 19140 4/20/2020 YES 312 312 Resurrecon Cemetery 5201 Hulmeville Rd Bensalem PA 19020 4/20/2020 YES 313 313 Saints Peter and Paul Cemetery 1600 S Sproul Rd Springfeild PA 19064 4/20/2020 YES 314 314 St. John Neumann Cemetery 3797 County Line Rd Chalfont PA 18914 4/20/2020 YES 315 315 St. Michael Cemetery 1811 Edgemont Avenue Chester PA 19013 4/20/2020 YES 36 2134 Newport Memorial Park 123 Howland Ave Middletown, RI 02842 6/29/2020 YES 37 2141 Trinity Cemetery 367 East Mail Street Middletown, RI 02842 6/29/2020 YES 107 2162 Beth Israel Cemetery US Hwy 1 North Woodbridge NJ 07095 6/29/2020 YES 109 2164 Cloverleaf Cemetery US Highway 1 South & Route 35 6/29/2020 YES 548 5685 Locustwood Memorial Park 1500 Route 70 West Cherry Hill, NJ 08002 6/29/2020 YES 670 5786 Arlington Park Cemetery 1620 Cove Road Pennsauken, NJ 08110 6/29/2020 YES 671 5787 Bethel Memorial Park 1620 Cove Road Pennsauken, NJ 08110 6/29/2020 YES 14 2117 Cedar Hill Cemetery 4111 Pennsylvania Avenue Suitland, MD 20746 4/13/2020 YES 15 2131 Lincoln Memorial Cemetery 4001 Suitland Road Suitland, MD 20746 4/13/2020 YES 156 2215 Washington Naonal Cemetery 4101 Suitland Road Suitland, MD 20746 4/13/2020 YES 800 3570 Cedar Hill Funeral Home 4111 Pennsylvania Ave Suitland, MD 20746 4/13/2020 YES 150 2207 Springhill Memory Gardens 27260 Ocean Gateway Hebron, MD 21830 4/13/2020 YES 151 5516 Henlopen Memorial Park 28787 Lockerman Rd. Milton, DE 19968 4/13/2020 YES 716 5841 Wicomico Memorial Parks, Inc. 721 Snow Hill Road Salisbury, MD 21804 4/13/2020 YES 601 601 Glen Haven Memorial Park 7215 Ritchie Hwy. Suite AA Glen Burnie, MD 21061 4/13/2020 YES 602 602 Columbia Cemetery 12005 Clarksville Pike Clarksville, MD 21029 4/13/2020 YES 728 5835 Lorraine Park Cemetery 5608 Dogwood Road Balmore, MD 21207 4/13/2020 YES 67 2075 Sunset-Fredericksburg 3702 Loren Drive Fredricksburg, VA 21830 4/6/2020 YES 68 2084 Oak Hill Cemetery 1902 Plank Road Fredericksburg, VA 22401 4/6/2020 YES 69 2180 Laurel Hill 10127 Plank Rd Spotsylvania, VA 22553 4/6/2020 YES 744 5849 Northern Neck Cemetery C/O Oak Hill 1902 Plank Rd Fredericksburg, VA 22401 4/6/2020 NO 803 803 Laurel Hill Funeral Home 10127 Plank Road Spotsylvania, VA 22553 4/6/2020 YES 591 5714 Roosevelt Memorial Park 1101 Campostella Road Chesapeake, VA 23320 1/20/2020 YES 745 5850 Crestview Cemetery 18599 Hwy 1 North Lacross, VA 23950 1/20/2020 NO 120 120 Southlawn Memorial Park 1911 Birdsong Rd S.Prince George, VA 23805 1/20/2020 YES 256 256 Sunset Memorial Park 2901 West Hundred Road Chester, VA 23831 1/20/2020 YES 255 255 Greenwood Memorial Gardens 12609 Paerson Avenue Richmond, VA 23238 1/20/2020 YES North NA3 NC10 R4 Philadelphia - AOP North NA3 NC10 R4 Philadelphia - AOP North NA3 NC10 R4 Philadelphia - AOP North NA3 NC10 R4 Philadelphia - AOP North NA3 NC10 R4 Philadelphia - AOP North NA4 NC11 R4 New Jersey North NA4 NC11 R4 New Jersey North NA4 NC11 R4 New Jersey North NA4 NC11 R4 New Jersey North NA4 NC11 R4 New Jersey North NA4 NC11 R4 New Jersey North NA4 NC11 R4 New Jersey North NA4 NC12 R4 Maryland North NA4 NC12 R4 Maryland North NA4 NC12 R4 Maryland North NA4 NC12 R4 Maryland North NA4 NC13 R4 Maryland North NA4 NC13 R4 Maryland North NA4 NC13 R4 Maryland North NA4 NC14 R4 Maryland North NA4 NC14 R4 Maryland North NA4 NC14 R4 Maryland North NA5 NC15 R3 Northern Virginia North NA5 NC15 R3 Northern Virginia North NA5 NC15 R3 Northern Virginia North NA5 NC15 R3 Northern Virginia North NA5 NC15 R3 Northern Virginia North NA5 NC16 R3 South East Virginia North NA5 NC16 R3 South East Virginia North NA5 NC17 R3 South East Virginia North NA5 NC17 R3 SouthEastVirginia North NA5 NC18 R3 SouthEastVirginia 473 473 Forest Lawn Cemetery VA 4000 Pilots Lane Richmond, VA 23222-1299 274 2249 Henry Memorial Park 8443 Virginia Ave Basse, VA 24055 399 5529 Roselawn Burial Park 103 Clearview Dr Marnsville VA 24112 188 2095 Roselawn Memorial Gardens 2880 North Franklin St. Chrisansburg, VA 24073 346 2287 Rockbridge Memorial Gardens 116 Peaceful Lane Lexington, VA 24450 430 5601 Augusta Memorial Park 1775 Goose Creek Road Waynesboro, VA 22980 431 5602 Alleghany Memorial Park 7008 Winterberry Road Covington, VA 24426 449 5640 Oaklawn Mausoleum 1921 Shuerlee Mill Road Staunton, VA 24401 492 5776 Birchlawn Burial Park 177 Birchlawn Circle Pearisburg, VA 24134 653 5780 Old Dominion Memorial Gardens 7271 Cloverdale Road Roanoke, VA 24019 802 3398 Roselawn Chapel Fun.Home 103 Clearview Drive Marnsville, VA 24112 258 2253 Altavista Memorial Park 642 Wards Road Altavista, VA 24517 596 5730 Briarwood Memorial Gardens 1823 S Amherst Hwy Amherst, VA 24521 597 5731 Virginia Memorial Park 11490 Forest Rd. Forest, VA 24551 598 5732 Fort Hill Memorial Park 5196 Fort Avenue Lynchburg, VA 24502 180 2090 Powell Valley Memorial Gardens 5650 Powell Valley Road Big Stone Gap, VA 24219 244 2225 Rural Retreat 7764 W.Lee Hwy Rural Retreat, VA 24368 254 254 Clinch Valley Cemetery 3201 West Front Street Richlands, Va 24641 275 2248 Roselawn Cemeteries 4410 Lee Hwy Marion, VA 24354 276 2259 Mt. Rose 10069 Cresent Rd Glade Spring, VA 24340 499 5649 Russell Memorial Park 154 Huckleberry Rd Lebanon, VA 24266 654 5781 Temple Hill Memorial Park 2529 Memorial Drive Castlewood, VA 24224 176 2091 Montgomery Memorial Park 9619 E. Dupont Avenue London, WV 25126 177 2098 Pineview Cemetery 21557 Coal River Road Orgas, WV 25148 182 2088 Highland Memory Gardens 42 Highland Memory Lane Chapmanville, WV 25508 1/20/2020 YES 1/20/2020 YES 1/20/2020 YES 1/20/2020 YES 1/20/2020 NO 1/20/2020 NO 1/20/2020 NO 1/20/2020 NO 1/20/2020 NO 1/20/2020 NO 1/20/2020 YES 1/20/2020 YES 1/20/2020 YES 1/20/2020 YES 1/20/2020 YES 1/20/2020 YES 1/20/2020 NO 1/20/2020 YES 1/20/2020 NO 1/20/2020 NO 1/20/2020 NO 1/20/2020 NO 5/4/2020 NO 4/22/2020 NO 4/27/2020 NO North NA5 NC18 R3 South East Virginia North NA5 NC19 R3 Western Virginia North NA5 NC19 R3 Western Virginia North NA5 NC20 R3 Western Virginia North NA5 NC20 R3 Western Virginia North NA5 NC20 R3 Western Virginia North NA5 NC20 R3 Western Virginia North NA5 NC20 R3 Western Virginia North NA5 NC20 R3 Western Virginia North NA5 NC20 R3 Western Virginia North NA5 NC19 R3 Western Virginia North NA5 NC21 R3 Western Virginia North NA5 NC21 R3 Western Virginia North NA5 NC21 R3 Western Virginia North NA5 NC21 R3 Western Virginia North NA5 NC22 R3 Western Virginia North NA5 NC22 R3 Western Virginia North NA5 NC22 R3 Western Virginia North NA5 NC22 R3 Western Virginia North NA5 NC22 R3 Western Virginia North NA5 NC22 R3 Western Virginia North NA5 NC22 R3 Western Virginia South SA1 SC01 R3 West Virginia - SW South SA1 SC01 R3 West Virginia - N South SA1 SC01 R3 West Virginia - S 302 5535 Sunset Memorial Park - WV 4301 Maccorkle Avenue Sw South Charleston, WV253 5/4/2020 NO South SA1 SC01 R3 West Virginia - SW 343 2284 Grandview Memorial Park 1313 Hillview Drive Dunbar, WV 25064 344 2285 Clendenin Memorial Park 4301 Maccorkle Ave. Sw S. Charleston, WV 25309 664 664 Kanawha Valley Mem Gdn Drawer 330, Route 60 Glasgow, WV 25086 224 224 Carolina Biblical Gardens of Guilfor 5710 Riverdale Drive Jamestown, NC 27282 248 248 Floral Garden Park Cemetery 1730 English Road High Point, NC 27262 625 625 Lakeview Memorial Park 3600 N. O'Henry Blvd. Greensboro, NC 27405 179 2015 Davis-White Chapel Cemetery 3547 Rt 60 Barboursville, WV 25504 257 2257 Valleyview Memorial Park 2466 Main St. Hurricane, WV 25526 339 2280 Forest Memorial Park - WV PO Box 158 Milton, WV 25541 340 2281 Spring Valley Memorial Park - WV 2813 Goodwill Rd. Hunngton, WV 25704 341 2282 Forest Lawn Memorial Gardens 2813 Goodwill Rd. Hunngton, WV 25704 342 2283 Fairview Memorial Gardens - WV PO Box 158 Milton, WV 25541 345 2286 West Virginia Memorial Gardens PO Box 5 Calvin, WV 26660 685 5799 Sunset Memorial Park - Beckley 1925 Harper Road Beckley, WV 25801 249 249 Montlawn Memorial Park 2911 South Wilmington St Raleigh, NC 27603 917 917 Montlawn Funeral Home 2911 South Wilmington St Raleigh, NC 27603 225 225 Marn Memorial Gardens 12813 Us Hwy 64 W. Williamston, NC 27892 620 620 Randolph Memorial Park 4538 Us Hwy 220 Bus N Asheboro, NC 27203 621 621 Alamance Memorial Park 4039 South Church St Burlington, NC 27215 623 623 Wayne Memorial Park 2925 Us Hwy 117 South Dudley, NC 28333 626 626 Oakhill Memorial Park 4488 Hwy 70 West Kinston, NC 29504 627 627 Pinelawn Memorial Park 4488 Hwy 70 West Kinston, NC 28504 748 748 WOODLAND MEM PK 2107 Liberty Street Durham, NC 27703 5/4/2020 NO 5/4/2020 NO 5/4/2020 NO 2/20/2020 NO 2/20/2020 YES 2/20/2020 YES 5/4/2020 NO 5/4/2020 NO 5/4/2020 NO 4/27/2020 NO 5/4/2020 NO 5/4/2020 NO 5/4/2020 NO 4/27/2020 NO 2/20/2020 YES 2/20/2020 YES 2/20/2020 NO 2/20/2020 YES 2/20/2020 YES 2/20/2020 NO 2/20/2020 NO 2/20/2020 NO 2/20/2020 YES South SA1 SC01 R3 West Virginia - SW South SA1 SC01 R3 West Virginia - SW South SA1 SC01 R3 West Virginia - SW South SA1 SC02 R2 North Carolina - West South SA1 SC02 R2 North Carolina - West South SA1 SC03 R2 North Carolina - West South SA1 SC04 R3 West Virginia - SW South SA1 SC04 R3 West Virginia - SW South SA1 SC04 R3 West Virginia - SW South SA1 SC04 R3 West Virginia - S South SA1 SC04 R3 West Virginia - SW South SA1 SC04 R3 West Virginia - SW South SA1 SC04 R3 West Virginia - SW South SA1 SC04 R3 West Virginia - S South SA1 SC05 R2 North Carolina - East South SA1 SC05 R2 North Carolina - East South SA1 SC06 R2 North Carolina - East South SA1 SC06 R2 North Carolina - West South SA1 SC06 R2 North Carolina - West South SA1 SC06 R2 North Carolina - East South SA1 SC06 R2 North Carolina - East South SA1 SC06 R2 North Carolina - East South SA1 SC06 R2 North Carolina - East 749 749 CHATHAM MEM PK 13260 US Highway 64 West Siler City NC 27344-6441 2/20/2020 YES 918 918 Pollock-Best Funeral & Cremaon 2015 Neuse Boulevard New Ber 2/20/2020 YES South SA1 SC06 South SA1 SC06 R2 North Carolina - East R2 North Carolina - East 226 226 York Memorial Park 5150 S. Tryon Street Charloe, NC 28217 250 250 Mountlawn Memorial Park 196 Fan Key Road N. Wilkesboro, NC 28659 622 622 West Lawn Memorial Park 1350 South Main St China Grove, NC 28023 628 628 Skyline Memorial Park 432 Old Buck Shoals Rd Mount Airy, NC 27030 629 629 Rowan Memorial Park 4125 Franklin Comm Ctr Rd Salisbury, NC 28144 630 630 Oaklawn Memorial Gardens 3250 High Point Road Winston-Salem, NC 27107 747 747 CRESTVIEW MEMORIAL PK 6850 University Parkway Rural Hall, NC 27045 236 236 Frederick Memorial Gardens 986 Chesnee Highway Gaffney, SC 29341 237 237 Graceland East Memorial Park 348 348 Good Shepherd Memorial Park 4164 Highway 9 Boiling Springs, SC 29316 349 349 Springhill Memorial Gardens 1011 S Alabama Ave Chesnee, SC 29323 350 350 Forest Lawn Cem 765 E Main St Laurens, SC 29360 351 351 Forest Lawn Cem East 765 E. Main Street Laurens, SC 29360 352 352 Whispering Pines Memorial Gdn 3044 Old Highway 52 Moncks Corner, SC 29461 347 347 Graceland Cemetery 4814 White Horse Road, Greenville, SC 29611 867 867 Graceland Mortuary PO Box 14966 4814B White Horse Rd Greenville, SC. 138 2195 Parkview Memorial 1922 Warden Run Road, Wheeling WV 26003 139 2196 Marion Hill 93 Grandview Cemetery Road Fairmont, WV 26554 140 2197 Shadow Lawn Box 295 6th Street Newell, WV 26050 141 2198 Highland Hills 401 Archer Rd. Box 576 Follansbee,WV 26037 142 2199 Halcyon Hill 4987 Fairmont Pike Road Wheeling, WV 26003 172 2014 Davis-Beverly Hills Cemetery 1290 Fairmont Road Morgantown, WV 26501 173 2013 Davis-Floral Hills Cemetery 457 Zachs Run Rd Mt. Clare, WV 26408 606 606 Butler County Cemetery 4570 Trenton-Oxford Rd Hanilton OH 45011 604 604 Crown Hill Cemetery 8592 Darrow Road Twinsburg, OH 44087 807 807 Blessing Hine FH 8592 Darrow Road Twinsburgh, OH 44087 227 227 Forest Hills Memorial Gardens 11890 North Dixie Drive Tipp City, OH 45371 737 737 Royal Oak Cemetery 7217 Naonal Rd Brookville OH 45309 855 855 Blessing Zerkle FH 11900 North Dixie Drive Tipp City, OH 45371 229 229 Resthaven Memory Gardens 3700 Center Rd Avon, OH 44011 231 231 Highland Memorial park 264-12th Street Beloit, OH 44609 232 232 Hillside Memorial Park 1025 Canton Road Akron, OH 44312 233 233 Northlawn Memorial Gardens & Cr 4441 State Road Peninsula, OH 44264 364 364 Kingwood Memorial Park 8230 Columbus Pike Lewis Center, OH 43035 221 221 Forest Lawn Memorial Park 3227 Dixie Highway Erlanger, KY 41018 228 228 Crown Hill Memorial Park & Maus 11825 Pippin Rd Cincinna, OH 45231 230 230 West Memory Gardens 6722 Hemple Road Moraine, OH 45439 646 646 Highland Memory Gardens 279 Landis Ln. Mt. Washington, KY 40047 736 736 Heritage Hills Cemetery 7370 State Rt. 48 Springboro, OH 45066 181 2096 Floral Hills Memorial Gardens 6839 Sissonville Drive Sissionville,WV 25360 183 2097 Jackson County Memory Gardens 9149 Ripley Road, Coageville WV 25239 511 5710 Evergreen Cemetery North 4800 Emerson Ave Parkersburg, WV 26104 512 5711 Evergreen Cemetery South 4800 Emerson Ave. Parkersburg, WV 26104 834 834 Long&Fisher Funeral Home 6837 Sissonville Drive Sissonvile, WV 25320 835 835 Pryor Funeral Home 184 Walnut Street East Bank, WV 25067 174 2145 Greenbrier Burial Park, Inc. 1917 West Main Street Princeton, WV 24740 178 2093 Restlawn Memorial Gardens RT. 20 New Hope Road Bluefield, WV 24701 2/20/2020 NO 2/20/2020 YES 2/20/2020 NO 2/20/2020 NO 2/20/2020 NO 2/20/2020 YES 2/20/2020 YES 2/20/2020 NO 2/20/2020 YES 2/20/2020 NO 2/20/2020 NO 2/20/2020 NO 2/20/2020 NO 2/20/2020 NO 2/20/2020 YES 2/20/2020 YES 4/22/2020 NO 4/22/2020 NO 4/22/2020 NO 4/22/2020 NO 4/22/2020 NO 4/22/2020 NO 4/22/2020 NO 4/13/2020 YES 4/13/2020 YES 4/13/2020 YES 4/13/2020 YES 4/13/2020 YES 4/13/2020 YES 5/26/2020 YES 5/26/2020 YES 5/26/2020 YES 5/26/2020 YES 4/13/2020 YES 4/13/2020 YES 5/26/2020 YES 5/26/2020 YES 5/26/2020 NO 5/26/2020 YES 5/4/2020 NO 5/4/2020 NO 4/22/2020 NO 4/22/2020 NO 5/4/2020 YES 5/4/2020 YES 4/27/2020 NO 4/27/2020 NO South SA1 SC07 South SA1 SC07 South SA1 SC07 South SA1 SC07 South SA1 SC07 South SA1 SC07 South SA1 SC07 South SA1 SC08 South SA1 SC08 South SA1 SC08 South SA1 SC08 South SA1 SC08 South SA1 SC08 South SA1 SC08 South SA1 SC09 South SA1 SC09 South SA2 SC15 South SA2 SC15 South SA2 SC15 South SA2 SC15 South SA2 SC15 South SA2 SC15 South SA2 SC15 South SA2 SC16 South SA2 SC17 South SA2 SC17 South SA2 SC18 South SA2 SC18 South SA2 SC18 South SA2 SC19 South SA2 SC19 South SA2 SC19 South SA2 SC19 South SA2 SC19 South SA2 SC20 South SA2 SC20 South SA2 SC20 South SA2 SC20 South SA2 SC20 South SA2 SC21 South SA2 SC21 South SA2 SC21 South SA2 SC21 South SA2 SC21 South SA2 SC21 South SA2 SC22 South SA2 SC22 R2 North Carolina - West R2 North Carolina - West R2 North Carolina - West R2 North Carolina - West R2 North Carolina - West R2 North Carolina - West R2 North Carolina - West R2 South Carolina R2 South Carolina R2 South Carolina R2 South Carolina R2 South Carolina R2 South Carolina R2 South Carolina R2 South Carolina R2 South Carolina R3 West Virginia - N R3 West Virginia - N R3 West Virginia - N R3 West Virginia - N R3 West Virginia - N R3 West Virginia - N R3 West Virginia - N R2 Ohio-Kentucky R2 Ohio-Kentucky R2 Ohio-Kentucky R2 Ohio-Kentucky R2 Ohio-Kentucky R2 Ohio-Kentucky R2 Cleveland R2 Cleveland R2 Cleveland R2 Cleveland R2 Ohio-Kentucky R2 Ohio-Kentucky R2 Cleveland R2 Cleveland R2 Cleveland R2 Cleveland R3 West Virginia - SW R3 West Virginia - SW R3 West Virginia - N R3 West Virginia - N R3 West Virginia - SW R3 West Virginia - SW R3 West Virginia - S R3 West Virginia - S 3 Digit # 4 Digit # Name Address Rollout Date Outsourced Status Division Area Cluster Region Sub-Region 184 185 186 187 363 733 873 724 725 732 734 872 874 651 723 731 871 216 217 219 663 647 652 718 719 218 220 730 870 717 720 721 722 735 400 211 212 213 442 443 656 924 926 111 112 113 210 222 223 2094 Cemetery Estates - Palm Mem. 2087Resthaven Memorial Park - WV 2089Restwood Memorial Park 2092Woodlawn Memorial Park 363Rest Haven Memorial Park 733Chapel Hill Memorial Gdns 873Chapel Hill Funeral Home 724Chrisan Memorial Gardens West 725Chrisan Memorial Gardens East 732Covington Memorial Cemetery 734Garden of Memory-Muncie Cemet 872Covington Mem Funeral Hme 874Garden of Memory Muncie 651Floral Gardens 723Flint Memorial Park 731Forest Lawn Cemetery MW 871Forest Lawn Funeral Home 216Highland Cemetery 217Riverview Cemetery 219St.Joseph Valley Memorial Park 663Calvary Cemetery & Crematorium 647Floral Lawn Memorial Gardens 652Roseland Memorial Gardens 718Mt. Ever Rest Memorial Park South 719Mt. Ever Rest Memorial Park North 218Park Lawn Cemetery & Mausoleum 220Valhalla Memory Gardens & Crema 730Lincoln Cemetery 870Gill Funeral Home 717Sunrise Memorial Gardens 720Chapel Hill Memorial Gardens 721East Lawn Memorial Gardens 722DeepDale Memorial Gardens 735Chapel Hill Memorial Cemetery 400Bronswood Cemetery 211Willow Lawn Mem Pk/Aarrowood 212McHenry County Memorial Park 213Windridge Memorial Park & Natur 442Northshore Garden of Memories 443Highland Memorial Park-MW 656Mount Vernon Estates 924Herr Funeral Home 926Sunset Hill Funeral Home 111EASTLAWN CEMETERY 112RIVERMONTE CEMETERY 113WHITE CHAPEL CEMETERY 210Memorial Park Cemetery 222Highland Sacred Gardens 223Memorial Park Sedalia 1917 West Main Street Princeton, WV 24740 Madams Creek Road Hilton, WV 25951 3410 Coal Heritage Road Bluefield, WV 24701 10209 Plainfield Road Cincinna, Ohio 45241 10776 McKinley Hwy Osceola, IN 46561-9157 10776 Mckinley Hwy Osceola, IN 46561-9157 521 E Hamlin Rd Rochester Hills, MI 48307 521 E. Hamlin Rd Rochester Hills, MI 48307 8408 Covington Rd Ft Wayne, IN 46804-2775 10703 N. State Rd 3 Muncie, IN 47303-9467 8408 Covington Rd Ft Wayne, IN 46804-2775 10501 N State Rd 3 Muncie, IN 47303-9467 2215 West Cass Avenue Rd Bay City, MI 48708 9506 N Dort Hwy Mt. Morris, MI 48458 PO Box 9 Greenwood, IN 46143 1977 S St Rd 135 Greenwood, IN 46143-9437 2257 Portage Avenue South Bend, IN 46616 2300 Portage Avenue, South Bend, IN 46616 375 West Cleveland Rd Granger, IN 46530 2701 Willow Dale Road Portage, IN 46368 1490 E Michigan Ave Bale Creek, MI 49014 3744 Brooklyn Road Jackson, MI 49203 3941 S Westnedge Ave Kalamazoo, MI 49008 3941 S Westnedge Ave Kalamazoo, MI 49008 1526 South Green River Rd Evansville, IN 47715 310 North Johnson Avenue, Bloomington, IN 47404 PO Box 411 Zionsville, IN 46077-0411 308 East Walnut St Washington, IN 47501-2761 2188 Remembrance Dr Muskegon, MI 49442 4444 W Grand River Ave Lansing, MI 48906 2400 Benne Rd Okemos, MI 48864 4108 Old Lansing Rd Lansing, MI 48917 2894 Paerson Rd., SE Grand Rapids, MI 49512 3805 Madison St. Oak Brook, IL 60523 24090 North Highway 45 Vernon Hills, IL 60061 11301 Lake Ave. Woodstock, IL 60098 7014 S. Rawson Bridge Road, Cary, IL 60013 1801 Greenbay Road North, IL 60064 33100 North Hunt Club Libertyville, IL 60048 11875 Archer Avenue Lemont, IL 60439 501 W. Main Street Collinsville, IL 62234 50 Fountain Drive Glen Carbon, IL 62034 2244 E Pythian Springfield, MO 65802 4500 S Lone Pine Rd Springfield, MO 65804 5234 W State Hwy EE Springfield, MO 65802 6605 Morningside Ave Sioux City, IA 51106 3306 Greenridge Road Sedalia, MO 65301 3306 Greenridge Road Sedalia, MO 65301 4/27/2020 4/27/2020 4/27/2020 4/27/2020 4/13/2020 5/4/2020 5/4/2020 4/23/2020 4/23/2020 4/16/2020 4/16/2020 4/16/2020 4/16/2020 4/23/2020 4/23/2020 4/16/2020 4/16/2020 5/4/2020 5/4/2020 5/4/2020 5/4/2020 5/4/2020 4/23/2020 5/4/2020 5/4/2020 4/16/2020 4/16/2020 4/16/2020 4/16/2020 5/4/2020 4/23/2020 4/23/2020 4/23/2020 5/4/2020 5/11/2020 5/11/2020 5/11/2020 5/11/2020 5/11/2020 5/11/2020 5/11/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 NO NO NO NO YES YES YES YES NO YES NO YES YES NO YES YES YES YES YES YES YES NO NO YES YES NO YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES YES NO NO NO NO NO NO South South South South South South South South South South South South South South South South South South South South South South South South South South South South South South South South South South South South South South South South South South South West West West West West West SA2 SA2 SA2 SA2 SA2 SA3 SA3 SA3 SA3 SA3 SA3 SA3 SA3 SA3 SA3 SA3 SA3 SA3 SA3 SA3 SA3 SA3 SA3 SA3 SA3 SA3 SA3 SA3 SA3 SA3 SA3 SA3 SA3 SA3 SA4 SA4 SA4 SA4 SA4 SA4 SA4 SA4 SA4 WA1 WA1 WA1 WA1 WA1 WA1 SC22 SC22 SC22 SC22 SC23 SC25 SC25 SC26 SC26 SC27 SC27 SC27 SC27 SC28 SC28 SC29 SC29 SC30 SC30 SC30 SC30 SC31 SC31 SC31 SC31 SC32 SC32 SC32 SC32 SC33 SC33 SC33 SC33 SC33 SC35 SC36 SC36 SC36 SC36 SC36 SC36 SC37 SC37 WC01 WC01 WC01 WC01 WC01 WC01 R3 R3 R3 R3 R2 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 West Virginia - S West Virginia - S West Virginia - S West Virginia - S Ohio-Kentucky West Michigan West Michigan East Michigan East Michigan West Indiana West Indiana West Indiana West Indiana East Michigan East Michigan West Indiana West Indiana West Michigan West Michigan West Michigan West Michigan West Michigan East Michigan West Michigan West Michigan West Indiana West Indiana West Indiana West Indiana West Michigan East Michigan East Michigan East Michigan West Michigan Chicago Chicago Chicago Chicago Chicago Chicago Chicago West West West West West West West West 3 Digit # 655 876 4 Digit # Name 655Forest Hill Cavalry Cemetery 876Eastlawn Funeral Home 877 878 642 643 644 645 729 825 875 519 520 521 522 523 524 525 526 527 528 530 531 532 533 534 535 661 611 637 638 639 640 641 806 821 125 126 822 823 836 837 889 121 122 123 239 355 356 877Rivermonte Funeral Home 878White Chapel Funeral Home 642Grand Juncon Memorial Gardens 643Olinger's Evergreen Cemetery 644Old Mission Wichita Park Cemetery 645White Chapel Memorial Gardens 729FAIRLAWN BURIAL PARK 825Old Mission Mortuary 875Heritage Funeral Home 519Glenview Memorial Gardens 520Greenlawn Memorial Park 521Greenlawn Memorial Park WI 522Highland Memory Gardens WI 523Knollwood Memorial Park 524Ledgeview Memorial Park 525Lincoln Memorial Cemetery WI 526Milton Lawns Memorial Park 527Roselawn Memorial Park 528Town of Milwaukee Union Cemete 530Valhalla Memorial Park 531Roselawn Memory Gardens 532Sun Prairie Memory Garden 533Sunrise Memorial Gardens WI 534Sunset Memory Gardens 535Mormon Coulee Memorial Park 661Floral Lawn Cemetery 611Valhalla Cemetery 637Crestwood Memorial Cemetery 638Forest Lawn Gardens 639Ridout's Forest Crest Cemetery 640Ridout's Forest Hill Cemetery 641Walker Memory Gardens 806Valhalla Funeral Home,Inc 821Crestwood Memorial F.H. 125Lee Memorial Park 126East Chickasaw Memorial Park 822Ellio Funeral Home 823Ridout's Brown FH 836Elkins East Chapel 837Elkins Funeral Home 889Lee Memorial Funeral Home 121Forest Hills Cemetery-East 122Forest Hills Cemetery-South 123Forest Hills Cemetery-Midtown 239Northridge Woodhaven Cemetery 355Highland Memorial Gardens 356Ridgecrest Cemetery Address 6901 Troost Avenue Kansas City, MO 64131 2244 E Pythian Springfield, MO 65802 4500 S Lone Pine Rd Springfield, MO 65804 5234 W State Hwy EE Springfield, MO 65802 2970 North Avenue Grand Juncon, CO 81504 200 East 168th Avenue Broomfield, CO 80023 3424 East 21st Street Wichita, KS 67208 3424 E. 21st Street Wichita, KS 67208 2401 Carey Blvd Hutchinson, KS 67501 3424 E. 21st Street Wichita, KS 67208 528 N Main St Hutchinson, KS 67501 W1219 Glenview Avenue Ixonia, WI 53036 1451 Green Valley Road Neenah, WI 54956 6706 Superior Avenue Kohler, WI 53044 3054 County Road BB Madison, WI 53718 1500 State Highway 310 Manitowoc, WI 54220 N6250 County Road K Fond Du Lac, WI 54937 6400 W Burleigh Street Milwaukee, WI 53210 2200 Milton Avenue Janesville, WI 53545 401 Femrite Drive Madison, WI 53716 5982 N Port Washington A Glendale, WI 53217 5402 N. 91st Street Milwaukee, WI 53225 N3045 State Road 67 Lake Geneva, WI 53147 1147 Clarmar Drive Sun Praire, WI 53590 7411 Sauk Trail Road Sheboygan, WI 53081 7302 Mineral Point Road Madison, WI 53717 N1137 Bloomer Mill Road La Crosse, WI 54601 835 Dearborn Avenue South Beloit, IL 61080 839 Wilkes Road Birmingham, AL 35228 2209 East Broad Street Gadsden, AL 35903 730 Golden Springs Road Anniston, AL 36207 5730 Highway 78 East Birmingham, AL 35210 431 North 60th Street Birmingham, AL 35212 692 Highway 5 North Jasper, AL 35503 5317 BESSEMER SUPER HWY MIDFIELD, AL 35228 2209 East Broad Street Gadsden, AL 35903 5257 Raymond Avenue, Tupelo, MS 38801 County Rd 142 & Highway 45 Okolona, MS 38860 15215 Court Street Moulton, AL 35650 711 Memorial Drive Sw Decatur, AL 35601 7435 Highway 72 Killen, AL 35645 1535 Hermitage Dr Florence, AL 35630 5257 Raymond Ave Verona, MS 38879 2440 Whien Rd. Memphis, TN 38133 2545 Holmes Rd. Memphis, TN 38118 1661 Elvis Presley Blvd Memphis, TN 38106 6755 HWY 51 N Millington, TN 38053 3360 N Highland Ave Jackson, TN 38305 200 Ridgecrest Road Jackson, TN 38305 Rollout Date 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 5/18/2020 4/6/2020 4/6/2020 4/6/2020 4/6/2020 4/6/2020 4/6/2020 4/6/2020 4/6/2020 4/6/2020 4/6/2020 4/6/2020 4/6/2020 4/6/2020 4/6/2020 4/6/2020 4/6/2020 4/6/2020 4/6/2020 4/6/2020 4/6/2020 4/6/2020 Outsourced Status YES YES YES YES YES YES YES YES NO YES YES YES NO NO NO NO NO YES NO NO YES YES NO NO NO NO NO YES YES YES YES YES YES YES YES YES NO NO YES YES YES YES YES YES YES YES YES NO NO Division West West West West West West West West West West West South South South South South South South South South South South South South South South South South South South South South South South South South South South South South South South South South South South South South South Area WA1 WA1 WA1 WA1 WA1 WA1 WA1 WA1 WA1 WA1 WA1 SA4 SA4 SA4 SA4 SA4 SA4 SA4 SA4 SA4 SA4 SA4 SA4 SA4 SA4 SA4 SA4 SA4 SA6 SA6 SA6 SA6 SA6 SA6 SA6 SA6 SA6 SA6 SA6 SA6 SA6 SA6 SA6 SA6 SA6 SA6 SA6 SA6 SA6 WC01 WC01 WC01 WC01 WC02 WC02 WC03 WC03 WC03 WC03 WC03 SC38 SC38 SC38 SC38 SC38 SC38 SC38 SC38 SC38 SC38 SC38 SC38 SC38 SC38 SC38 SC38 SC38 SC45 SC45 SC45 SC45 SC45 SC45 SC45 SC45 SC46 SC46 SC46 SC46 SC46 SC46 SC46 SC47 SC47 SC47 SC47 SC47 SC47 Cluster Region Sub-Region R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R1 R3 R3 R3 R3 R3 R3 R3 R3 R3 R3 R3 R3 R3 R3 R3 R2 R2 R2 R2 R2 R2 West West West West West West West West West West West South Wisconsin North Wisconsin North Wisconsin South Wisconsin North Wisconsin North Wisconsin South Wisconsin South Wisconsin South Wisconsin South Wisconsin South Wisconsin South Wisconsin South Wisconsin North Wisconsin South Wisconsin North Wisconsin South Wisconsin Alabama/MS Alabama/MS Alabama/MS Alabama/MS Alabama/MS Alabama/MS Alabama/MS Alabama/MS Alabama/MS Alabama/MS Alabama/MS Alabama/MS Alabama/MS Alabama/MS Alabama/MS West Tennessee West Tennessee West Tennessee West Tennessee West Tennessee West Tennessee 3 Digit # 4 Digit # Name Address Rollout Date Outsourced Status Division Area Cluster Region Sub-Region 863 886 887 888 238 200 201 240 607 608 610 864 636 863 Northridge Woodhaven FH 6755 Highway 51 North Millington, TN 38053 886Forest Hills F.H. East 887Forest Hills F.H. South 888Forest Hills F.H. Midtown 238Memorial Park Southwoods 200Huntsville Memory Gardens 201Tricies Memorial Gardens 240Woodhaven Memorial Gardens 607Lakewood Memorial East 608Lakewood Memorial West 610Hamilton County Burial 864Woodhaven Chapel 636Lakeview Memory Gardens 2440 Whien Rd. Memphis, TN 38133 2545 Holmes Rd. Memphis, TN 38118 1661 Elvis Presley Blvd. Memphis, TN 38106 5485 Hacks Cross Road Memphis, TN 38125 6810 Univers. Dr Hwy 72w Huntsville, AL 35806 2601 Florence Blvd. Florence, AL 35630 160 Edgemore Road Powell, TN 37849 4621 Shallowford Rd Chaanooga, TN 37411 4621 Shallowford Rd Chaanooga, TN 37411 4621 Shallowford Road Chaanooga, TN 37411 160 Edgemoor Road Powell, TN 37849 PO Box 1228 Phenix City, AL 36868 4/6/2020 4/6/2020 4/6/2020 4/6/2020 4/6/2020 4/6/2020 4/6/2020 4/13/2020 4/13/2020 4/13/2020 4/13/2020 4/13/2020 4/6/2020 YES YES YES YES YES NO NO YES YES YES YES YES NO South South South South South South South South South South South South South SA6 SA6 SA6 SA6 SA6 SA6 SA6 SA6 SA6 SA6 SA6 SA6 SA6 SC47 SC47 SC47 SC47 SC48 SC50 SC50 SC50 SC50 SC50 SC50 SC50 SC51 R2 R2 R2 R2 R2 R3 R3 R2 R2 R2 R2 R2 R3 West Tennessee West Tennessee West Tennessee West Tennessee West Tennessee Alabama/MS Alabama/MS East Tennessee East Tennessee East Tennessee East Tennessee East Tennessee Alabama/MS STONEMOR - MOON MSA SCHEDULE 3A (Equipment) 3 Digit # Name State 200Huntsville Memory Gardens 200Huntsville Memory Gardens 200Huntsville Memory Gardens 200Huntsville Memory Gardens 200Huntsville Memory Gardens 200Huntsville Memory Gardens 200Huntsville Memory Gardens 200Huntsville Memory Gardens 200Huntsville Memory Gardens 200Huntsville Memory Gardens 200Huntsville Memory Gardens 200Huntsville Memory Gardens 200Huntsville Memory Gardens 201Tricies Memorial Garden 201Tricies Memorial Garden 201Tricies Memorial Garden 201Tricies Memorial Garden 201Tricies Memorial Garden 201Tricies Memorial Garden 201Tricies Memorial Garden 201Tricies Memorial Garden 201Tricies Memorial Garden 611Valhalla Cemetery Co 611Valhalla Cemetery Co 611Valhalla Cemetery Co 611Valhalla Cemetery Co 611Valhalla Cemetery Co 611Valhalla Cemetery Co 611Valhalla Cemetery Co 611Valhalla Cemetery Co 636Lakeview Memory Gardens 636Lakeview Memory Gardens 636Lakeview Memory Gardens 636Lakeview Memory Gardens 636Lakeview Memory Gardens 636Lakeview Memory Gardens 636Lakeview Memory Gardens 637Crestwood Memorial Cem 637Crestwood Memorial Cem 637Crestwood Memorial Cem 637Crestwood Memorial Cem 637Crestwood Memorial Cem 637Crestwood Memorial Cem 637Crestwood Memorial Cem 637Crestwood Memorial Cem 637Crestwood Memorial Cem 637Crestwood Memorial Cem 637Crestwood Memorial Cem 638Forest Lawn Gardens 638Forest Lawn Gardens 638Forest Lawn Gardens 638Forest Lawn Gardens 638Forest Lawn Gardens 639Ridouts Forest Crest Cem 639Ridouts Forest Crest Cem 639Ridouts Forest Crest Cem 639Ridouts Forest Crest Cem 640Ridouts Forest Hill Cem AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL AL ASSET-TYPE-7 CMEQ CMEQ CMEQ CMEQO CMEQO CMEQO EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CAPLEASE CMEQO CMEQO EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQO EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQO EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP Asset Tag Number Description 6360 7587 8935 6901 6903 6905 10456 13840 11128 12058 12435 12690 12692 14682 6914 6915 13255 13270 13841 13842 12059 12527 4299 8875 9182 6278 11225 12069 12497 12702 5776 8936 5697 13261 13271 14440 13783 5775 6500 13272 14404 10197 11019 11229 11430 12503 13094 14133 8804 9300 12504 12505 13791 10466 12072 12693 14193 12848 872316 51921 51464 3108 77203 80054 54410 51465 51652 77201 14933 77202 A9530-447466 922237 54408 CTJT065352 54413 LD3287-C 16945 24215505 3368 20292377 AM- 17363 3287-C 77199 1T0310JXCBD2 Lowering Device 5502c Imperial Lowering Device ExMark Mower John Deere Backhoe Dump Trailer Mausoleum High Li M59 4WD Tractor/Loader/Backhoe John Deere 930M Ztrak LZ5749EKC724 Mower Vibratory Rammer Holland Dump Trailer Fortress over under temp mauso John Deere TX Gator 2019 John Deere WBM VIN 80054 Vault Lowering Device JD 790 Tractor w/Front End ldr John Deere HPX4 JCB 3CX-12L4WS Backhoe Loader John Deere 930M Ztrak John Deere 930M Ztrak Vibratory Rammer Gas Truck Mount Compressor Holland Electro dump trailer 07 JD Backhoe Loader 4x4 05 JD Backhoe Loader New Holland Tractor w/f loader Lowering device Vibratory Rammer 1995 Club Car John Deere Gator - requested S 2 Lowering Devices Exmark Mower 2 Graveside Set Up John Deere HPX4 JCB 3CX-12L4WS Backhoe Loader JD Z930M ZTrak John Deere 930M Ztrak Backhoe Scag Mover-Kohler Equipment JCB 3CX-12L4WS Backhoe Loader JD HPX615E Gator Superior Lowering Device 3287C 2009 Golf Cart Lowering device Outback 21'x7x Trailer BS50-2I Rammer New motor backhoe - Asset #577 Imperial Lowering Device Seria 2011 Ford F450 Truck Backhoe Loader w/ Bucket 8 Level Low Boy Casket Li BS50-2I Rammer Lowering device w/ placer Lowering Device Vibratory Rammer John Deere TX Gator Imperial Lowering Device John Deer Backhoe 3 Digit # Name State 640Ridouts Forest Hill Cem 641Walker Memory Gardens 641Walker Memory Gardens 641Walker Memory Gardens 641Walker Memory Gardens 641Walker Memory Gardens 642Grand Juncon Mem Grdn 642Grand Juncon Mem Grdn 642Grand Juncon Mem Grdn 642Grand Juncon Mem Grdn 643Olingers Evergreen Cem 210Memorial Park Cemetery 210Memorial Park Cemetery 210Memorial Park Cemetery 210Memorial Park Cemetery 210Memorial Park Cemetery 210Memorial Park Cemetery 210Memorial Park Cemetery 210Memorial Park Cemetery 210Memorial Park Cemetery 210Memorial Park Cemetery 210Memorial Park Cemetery 210Memorial Park Cemetery 210Memorial Park Cemetery 210Memorial Park Cemetery 210Memorial Park Cemetery 210Memorial Park Cemetery 210Memorial Park Cemetery 211Willow Lawn Memorial Park 211Willow Lawn Memorial Park 211Willow Lawn Memorial Park 211Willow Lawn Memorial Park 211Willow Lawn Memorial Park 211Willow Lawn Memorial Park 211Willow Lawn Memorial Park 211Willow Lawn Memorial Park 211Willow Lawn Memorial Park 212Mchenry County MemPark 213Windridge Memorial Park 213Windridge Memorial Park 213Windridge Memorial Park 213Windridge Memorial Park 213Windridge Memorial Park 213Windridge Memorial Park 213Windridge Memorial Park 213Windridge Memorial Park 213Windridge Memorial Park 213Windridge Memorial Park 213Windridge Memorial Park 213Windridge Memorial Park 213Windridge Memorial Park 213Windridge Memorial Park 213Windridge Memorial Park 400Bronswood Cemetery 400Bronswood Cemetery 400Bronswood Cemetery 400Bronswood Cemetery 400Bronswood Cemetery 400Bronswood Cemetery 400Bronswood Cemetery AL AL AL AL AL AL CO CO CO CO CO IA IA IA IA IA IA IA IA IA IA IA IA IA IA IA IA IA IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL ASSET-TYPE-7 EQUIP CMEQ CMEQ CMEQO CMEQO EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CAPLEASE CMEQ CMEQ CMEQ CMEQ CMEQO CMEQO CMEQO CMEQO CMEQO CMEQO CMEQO CMEQO EQUIP EQUIP EQUIP EQUIP CMEQ CMEQO CMEQO CMEQO CMEQO EQUIP EQUIP EQUIP EQUIP CMEQO CMEQ CMEQ CMEQ CMEQ CMEQO CMEQO CMEQO CMEQO CMEQO CMEQO EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP 11230 9181 9219 6282 6283 12073 6348 6387 6667 8592 8529 14585 7625 7680 8376 8445 6792 6796 6800 6806 6808 6810 6815 6816 13844 13845 10473 14749 9141 6935 6936 6940 6941 10568 10569 10831 11057 6944 7545 8282 9330 9962 6962 6983 6985 6989 6991 6993 11059 10061 10062 12273 13310 10218 10223 11063 9990 10066 11062 11064 Asset Tag Number Description Lowering device Imperial Stainless Steel Li Tractor/loader Holland HD Dump Trailer 580M Backhoe 2WD STD Vibratory Rammer Holland Heavy Duty Dump Traile Backhoe Bucket Z830A 27 HP PO 60" MOD-Z Mower Irrigaon Pump/Motor Symcom 777 Pump Monitor 2018 John Deere 5055E VIN 1111 Mcintosh 48" Backhoe Fork Oil Injected Vibratory Rammer Casket Rollers/Grass LOWERING DEVICE IMPERIAL SS 1999 John Deere 4x2 Gator 5hp John Deere Snow Blower 2000 New Holland Dirt Spreader Superior Lowering Device 2002 John Deere 1445 Mower 2000 John Deere 5320 Tractor John Deere 520 Tractor 1996 John Deere backhoe John Deere 950M Mower John Deere 950M Mower Base & Handheld Radios Imperial SS CasketLowrngDevice Blower/push vacuum/gas can B&L N20AA Cremaon Unit B&L BLP1500 Cremaon Unit Cememtery Lowering Device Bosch Jackhammer Toro Dingo TX 525 Kubota RTV900 Ulity vehicle Ulity Trailer Kubota spreader Imperial Frigid Lowering devic 36.3cc 7.6-11.6 Pole Pruner Snow Blower Kubota Tractor JOHN DEER GATOR 4X2 W3 Points Jackhammer Wacker BS50-2 Tamper CH300 Casket Carriage 2005 Halland Imperial Device Gravely 5000 SER Trator 96' Kubota 4wd Tractor 2008 JCB Loader Backhoe STI pole pruner STI brush cuer Fast Grab unit Pond Pump 2011 John Deer Backhoe 2011 John Deer Tractor Kubota Ulity Vehicle Cemetery cart 50 Gallon tank sprayer w gun Ariens Snow thrower Salt Spreader 77200 11111 51297 51323 198 E3215 1332 82442 16270 43044 HT131 FS310 938149 11415 20007 9064 24508 3 Digit # Name State ASSET-TYPE-7 Asset Tag Number Description 400Bronswood Cemetery 400Bronswood Cemetery 400Bronswood Cemetery 442Northshore Garden 442Northshore Garden 442Northshore Garden 442Northshore Garden 442Northshore Garden 442Northshore Garden 442Northshore Garden 443Highland Memorial Park 443Highland Memorial Park 443Highland Memorial Park 443Highland Memorial Park 443Highland Memorial Park 443Highland Memorial Park 443Highland Memorial Park 656Mount Vernon Estates 656Mount Vernon Estates 661Floral Lawn Cemetery 661Floral Lawn Cemetery 661Floral Lawn Cemetery 661Floral Lawn Cemetery 661Floral Lawn Cemetery 661Floral Lawn Cemetery 661Floral Lawn Cemetery 661Floral Lawn Cemetery 216Highland Cemetery 216Highland Cemetery 216Highland Cemetery 216Highland Cemetery 216Highland Cemetery 216Highland Cemetery 216Highland Cemetery 216Highland Cemetery 216Highland Cemetery 216Highland Cemetery 216Highland Cemetery 216Highland Cemetery 216Highland Cemetery 216Highland Cemetery 216Highland Cemetery 216Highland Cemetery 216Highland Cemetery 216Highland Cemetery 216Highland Cemetery 217Riverview Cemetery 217Riverview Cemetery 217Riverview Cemetery 217Riverview Cemetery 217Riverview Cemetery 218Park Lawn Cemetery Maus 218Park Lawn Cemetery Maus 218Park Lawn Cemetery Maus 218Park Lawn Cemetery Maus 218Park Lawn Cemetery Maus 218Park Lawn Cemetery Maus 218Park Lawn Cemetery Maus 219StJoseph Valley Mem Pk 219StJoseph Valley Mem Pk IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQO CMEQO EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQO CMEQO CMEQO CMEQO CMEQO CMEQO EQUIP EQUIP EQUIP CMEQ CMEQO CMEQO CMEQO CMEQO CMEQ CMEQ CMEQO CMEQO EQUIP EQUIP EQUIP CMEQ CMEQ 11204 11279 11280 13022 13023 13024 13029 12763 12818 12843 13020 13028 13031 13032 13033 12845 12846 6204 10067 6122 6354 6621 8457 8681 6833 6835 14003 6523 6623 6624 7678 7715 7805 8021 8022 8778 9454 6877 6879 6883 6885 6887 6888 10119 11061 14210 8918 6280 7013 7022 7030 6440 7534 7064 7066 13846 13847 10377 6442 6443 JCB2CX12H913 W004X2X04467 AM-16460 19807 54114 54115 B0189 Snow plow Fastgrab TSZ-UNI Two Man Boulder Grab Frigid - Lowering Imperial Dev Frigid - Lowering Imperial Dev Frigid - Lowering Infant Devic SCAG Wildcat Mower 2009 JCB Backhoe Loader JD 4x2 Gator BS50-2 Gas Powered rammer 1995 JCB Back Hoe Tractor John Deere - Gator 1998 Scissor/Casket Li Water Tank Wagon Snow Plow SK Master Lowering Device BS50-2 Gas Powered rammer Shore Box Tow bar Shore Box Power Tamper Case 580m 6" bell hole bucket LOWERING DEVICE Knauer Casket Li 36" backhoe Bucket Case 580M Backhoe Storage Container Maint. & Off 10" 4hp VIB Grave Tamper Imperial Lowering device #2 Imperial Lowering Device Sd wall heater w/ venng unit Toro 221-R Pwr Snowthrower Land Pride Pulverizer 16" Bell Hole Bucket 34" Bell Hole Bucket Snow Plow Tractor MTD 321 Snow Blower Cememtery Lowering Device JCB Cememtery Backhoe Cememtery Lowering Device John Deere Backhoe Cememtery Backhow Bucket Holland lowering device 8 Level Low Boy casket li Imperial Stainless Steel Devic Vibratory Rammer New Holland TC34DA Tractor John Deere 310a backhoe Crematory Hydraulic Li Toro 60" Mower 580M 16" Backhoe Bucket Major backhoe Repair (Engine) JCB Backhoe John Deere 1010 Tractor John Deere 930M Ztrak John Deere 930M Ztrak Crasman 24' Snowblower Case 580M 4WD Backhoe 580M 36" Bucket & Ripper Aac 3 Digit # Name State ASSET-TYPE-7 Asset Tag Number Description 219StJoseph Valley Mem Pk 219StJoseph Valley Mem Pk 219StJoseph Valley Mem Pk 219StJoseph Valley Mem Pk 219StJoseph Valley Mem Pk 219StJoseph Valley Mem Pk 219StJoseph Valley Mem Pk 219StJoseph Valley Mem Pk 219StJoseph Valley Mem Pk 219StJoseph Valley Mem Pk 220Valhalla Memory GrdnsCre 220Valhalla Memory GrdnsCre 220Valhalla Memory GrdnsCre 220Valhalla Memory GrdnsCre 220Valhalla Memory GrdnsCre 220Valhalla Memory GrdnsCre 220Valhalla Memory GrdnsCre 220Valhalla Memory GrdnsCre 220Valhalla Memory GrdnsCre 220Valhalla Memory GrdnsCre 220Valhalla Memory GrdnsCre 220Valhalla Memory GrdnsCre 220Valhalla Memory GrdnsCre 220Valhalla Memory GrdnsCre 220Valhalla Memory GrdnsCre 220Valhalla Memory GrdnsCre 508Indiana Vault Plant 508Indiana Vault Plant 508Indiana Vault Plant 508Indiana Vault Plant 508Indiana Vault Plant 508Indiana Vault Plant 508Indiana Vault Plant 508Indiana Vault Plant 508Indiana Vault Plant 663Calvary Cem Crematorium 663Calvary Cem Crematorium 663Calvary Cem Crematorium 663Calvary Cem Crematorium 663Calvary Cem Crematorium 730Lincoln Cemetery 730Lincoln Cemetery 730Lincoln Cemetery 730Lincoln Cemetery 730Lincoln Cemetery 731Forest Lawn Cemetery 731Forest Lawn Cemetery 731Forest Lawn Cemetery 731Forest Lawn Cemetery 731Forest Lawn Cemetery 731Forest Lawn Cemetery 731Forest Lawn Cemetery 731Forest Lawn Cemetery 731Forest Lawn Cemetery 731Forest Lawn Cemetery 731Forest Lawn Cemetery 731Forest Lawn Cemetery 731Forest Lawn Cemetery 731Forest Lawn Cemetery 731Forest Lawn Cemetery IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN CMEQ CMEQ CMEQ CMEQ CMEQ CMEQO CMEQO EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQO CMEQO CMEQO CMEQO CMEQO CMEQO CMEQO EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQO CMEQO CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQO CMEQO CMEQO EQUIP EQUIP EQUIP EQUIP 6444 7627 7988 8729 9217 7037 7048 10031 11203 12651 6446 6447 6448 6449 8567 9218 6859 6860 6874 6876 6880 6889 8222 12775 9995 10487 10736 10737 10738 10739 10740 10741 10742 10195 10312 6233 6234 7636 6306 7043 8562 8731 9246 9453 9515 8565 8566 8608 8728 8732 8780 9108 9260 6965 8223 9046 12711 12779 13281 11206 97474 W004X2X09946 USMN-3118 97108 56979 91072 USMN-3003 833 McIntosh 580M Backhoe Bucket McIntosh 48" Backhoe Fork Used Axie Trailer Mienberger Leaf Blower 2008 Kubota-Tractor & Loader frigid Lowering Device 2 in 1 Mausoleum Li WAC Tamper Snow plow John Deere 4x2 Gator Case 580M 4WD Backhoe 580M 36" Bachhoe Bucket Sod Cuer (Backhoe Amt) 580M McIntosh Backhoe Bucket Casket Li Vibratory Rammer Wacker Cemetery Tamper Toro Snow Blower King Kuer Brush Cuer Cemetery Dump Trailer Cemetery Lowering Device Billy Goat leaf Vacuum Lincoln Welder w/ Bole Mahindra 4530 Trailer 98 Dlhatsu Hijet Dump Standard forms 15each Volvo Semi Tractor 2003 Heritage forms 4 each Fork Li 1991 Flatbed trailor Bobcat 2003 Acquision Equipment USP-900 Hi Frequency Vibtr 2013 Gooseneck-Pintle Trailer Shore Box Gas Tamper Ripper Aachment Equipment 2000 Cemetery Club Cart Lowering Device with Stand New Well Line Installaon Vibratory Rammer Tractor Dump Trailer Master Cemetery Device Holland Carrier Dump Trailer Streamliner Carries/Lowering D Chain Saw Plow System Strato-Li Vibratory Rammer 1997 JCB 212S Backhoe 303 CR Mini Exuvator Capille Acquision Cemetery Equipment JCB 3CX Backhoe Mahindra 4530 2016 Mahindra Tractor NI Tamping Rammer 3 Digit # Name 731Forest Lawn Cemetery 731Forest Lawn Cemetery 731Forest Lawn Cemetery 731Forest Lawn Cemetery 732Covington Memorial Cem 732Covington Memorial Cem 732Covington Memorial Cem 732Covington Memorial Cem 732Covington Memorial Cem 732Covington Memorial Cem 732Covington Memorial Cem 733Chapel Hill Mem Grdns 733Chapel Hill Mem Grdns 733Chapel Hill Mem Grdns 733Chapel Hill Mem Grdns 733Chapel Hill Mem Grdns 733Chapel Hill Mem Grdns 734Garden of Memory Muncie 734Garden of Memory Muncie 734Garden of Memory Muncie 734Garden of Memory Muncie 644Old Mission Wichita Prk 644Old Mission Wichita Prk 644Old Mission Wichita Prk 644Old Mission Wichita Prk 644Old Mission Wichita Prk 644Old Mission Wichita Prk 644Old Mission Wichita Prk 644Old Mission Wichita Prk 644Old Mission Wichita Prk 644Old Mission Wichita Prk 644Old Mission Wichita Prk 645White Chapel Memorial Grd 645White Chapel Memorial Grd 645White Chapel Memorial Grd 645White Chapel Memorial Grd 645White Chapel Memorial Grd 645White Chapel Memorial Grd 645White Chapel Memorial Grd 729Fairlawn Burial Park 729Fairlawn Burial Park 729Fairlawn Burial Park 729Fairlawn Burial Park 729Fairlawn Burial Park 729Fairlawn Burial Park 729Fairlawn Burial Park 729Fairlawn Burial Park 221Forest Lawn Memorial Park 221Forest Lawn Memorial Park 221Forest Lawn Memorial Park 221Forest Lawn Memorial Park 221Forest Lawn Memorial Park 221Forest Lawn Memorial Park 221Forest Lawn Memorial Park 221Forest Lawn Memorial Park 221Forest Lawn Memorial Park 221Forest Lawn Memorial Park 221Forest Lawn Memorial Park 646Highland Memory Gardens 14 Cedar Hill Cemetery Description State IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN KS KS KS KS KS KS KS KS KS KS KS KS KS KS KS KS KS KS KS KS KS KS KS KS KS KS KY KY KY KY KY KY KY KY KY KY KY KY MD ASSET-TYPE-7 EQUIP EQUIP EQUIP EQUIP CAPLEASE CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQO CMEQO EQUIP EQUIP EQUIP CMEQ CMEQO CMEQO CMEQO CMEQO CMEQO CMEQO EQUIP EQUIP EQUIP EQUIP EQUIP CAPLEASE Asset 11502 12509 12667 13721 14692 6625 8570 8779 12668 14215 14558 8571 8573 8685 8686 8687 9452 8574 11303 12669 14136 5826 6225 8256 8447 8502 8725 8959 12506 13070 13240 14194 6473 7557 8449 8484 8723 8818 8824 8726 8775 9561 9594 9595 13871 10401 13241 9188 7117 7119 7120 7926 7927 7931 10570 12820 13264 14278 10410 14662 Tag Number 43779 W004X2X02986 ITEM 49158 11111 W004X2X06491 40301 414 W004X2X06671 A4915 A5906 52588 20106065 52075 54357 53465 2013 Load trailer 8 Level Low Boy Casket Li John Deere 4x2 Gator Nstar Tamping Rammer 4/4 Hp Ri 2019 J Deere HPX615E VIN 11111 Holland heavy duty dump traile Lowering Device Snow Blower John Deere 4x2 Gator Wacker 4 Cycle Rammer/Compacto John Deere 4x2 TS Gator Casket Li Lowering Device Snowblower Tractor/35HP Diesel Frontloader w/ Grille Tractor Lawn Mower Case 580N Backhoe John Deere 4x2 Gator Snowplow for 2013 Dodge Ram Stainless SteelLowering Device Shore Box Snow Plow UTILITY VEHICLE Casket Li 77" Ulity Trailer Casket Carriage 8 Level Low Boy Casket Li Snow plow Dump Trailer 4 Cycle Vibratory Rammer Imperial Chrm Lowering Device Lowering Device UTILITY VEHICLE Heavy Duty Dump Trailer Bush Hog Rotary Mower Kubota Tractor L3540 Kubota Frontloader Casket Carrier & Rollers Lowering Device SS Boss Snow Plow Acquision Cemetery Equipment Backhoe w/ Cab John Deere 930M Ztrak Vibratory rammer Dump Trailer Tractor John Deere Dump Trailer Mower John Deere Tractor Mausoleum Li Snow Plow 1999 Ford Truck Kubota backhoe M59TLB-M series HPX Gator Jumping Jack Tamper Lowering Device Ex Mark Mower 2019 John Deere 310EP VIN53465 3 Digit # Name State ASSET-TYPE-7 Asset Tag Number Description 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 15 Lincoln Memorial Cemetery 15 Lincoln Memorial Cemetery 124Sunset Memorial-Md 124Sunset Memorial-Md 124Sunset Memorial-Md 124Sunset Memorial-Md 124Sunset Memorial-Md 124Sunset Memorial-Md 124Sunset Memorial-Md 124Sunset Memorial-Md 150Springhill Memory Gardens 150Springhill Memory Gardens 150Springhill Memory Gardens 150Springhill Memory Gardens 150Springhill Memory Gardens 150Springhill Memory Gardens 150Springhill Memory Gardens 150Springhill Memory Gardens 150Springhill Memory Gardens MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQO EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ 2784 2857 2858 2860 3217 3220 3221 3222 3232 3234 3236 3317 3432 3894 3912 3913 4049 4078 4093 4124 4229 4262 4336 5260 5564 5789 6593 8652 8849 9085 9307 9308 9309 9967 11226 9972 12090 13836 14549 14550 14551 12092 12093 2869 2871 3267 4152 4381 5623 9974 14337 3304 3305 3306 3308 3311 3313 4123 9230 9324 10007 Air Compressor 10248 Trimmer, Weed Wackers 10249 1999 Ulity Trailer 10251 Snow Blower 11458 SNOW PLOW 11461 JOHN DEERE TRACTORS 11462 WELDER 11463 MAUSOLEUM LIFT 11473 LOWERING DEVICE 11475 OIL TANK 11477 CUST# 1333 PRES. WASHER 12013 1980 Ford Tractor 12405 BACKHOE FORK 13841 KUBATO TRACTOR 13868 Auto Crane Model 2703-M-10 13869 Kubota Mower 14245 LOWERING DEVICE 14333 Balance L875B BACKHOE 14377 NEW HOLLAND 875B BACKHOE 14449 Fork for backhoe 14745 GENERATOR 14848 LOWERING DEVICE (2) 15030 Water pump for graves SNOW PLOW Imperial Lowering Device (2) Lowering Device (2) Backhoe Axle Giant Vac truck leaf Loader 2009 Case 580 Super M Bckhoe Backhoe Forks Revoluon Lowering Device Revoluon lowering device Revoluon Lowering device 2003 Case 580 backhoe 36045 2013 John Deere 310EK Backhoe 20272 Trailer Frigid CM Lowering Device Lowering Device SS 66749 Wacker Earth Tamper BS 50-2 81074 Wacker Earth Tamper BS 50-2 81075 Wacker Earth Tamper BS 50-2 Frigid CM Lowering Device Frigid CM Lowering Device 10312 TAMPER 10314 Lwrng Dev-2, Dump Trailer 11774 EXMARK RIDING MOWER 14540 MOWERS (2) 15136 XMARK RIDING MOWER John Deere Mower 60" Deck 70842 Case Backhoe Tampers 11979 CHAIN SAW 11980 AIR COMPRESSOR 11981 FS-80 TRIMMER 11983 Case 580E Backhoe 11986 John Deere 60" Mower Deck 11988 INSTALL SUBMERSIBLE PUMP/WELL/ 14448 Power Washer Ag510-5 Dump Trailer Boomer tractor #11834 3 Digit # Name 150Springhill Memory Gardens 150Springhill Memory Gardens 151Henlopen Memorial Park 151Henlopen Memorial Park 151Henlopen Memorial Park 151Henlopen Memorial Park 151Henlopen Memorial Park 151Henlopen Memorial Park 151Henlopen Memorial Park 151Henlopen Memorial Park 151Henlopen Memorial Park 151Henlopen Memorial Park 151Henlopen Memorial Park 151Henlopen Memorial Park 151Henlopen Memorial Park 151Henlopen Memorial Park 151Henlopen Memorial Park 156Washington Naonal 156Washington Naonal 156Washington Naonal 156Washington Naonal 156Washington Naonal 156Washington Naonal 156Washington Naonal 156Washington Naonal 156Washington Naonal 192Hill Crest Burial 192Hill Crest Burial 192Hill Crest Burial 192Hill Crest Burial 192Hill Crest Burial 192Hill Crest Burial 192Hill Crest Burial 192Hill Crest Burial 601Glen Haven Memorial Park 601Glen Haven Memorial Park 601Glen Haven Memorial Park 601Glen Haven Memorial Park 601Glen Haven Memorial Park 601Glen Haven Memorial Park 601Glen Haven Memorial Park 601Glen Haven Memorial Park 601Glen Haven Memorial Park 601Glen Haven Memorial Park 601Glen Haven Memorial Park 601Glen Haven Memorial Park 601Glen Haven Memorial Park 601Glen Haven Memorial Park 601Glen Haven Memorial Park 601Glen Haven Memorial Park 601Glen Haven Memorial Park 601Glen Haven Memorial Park 601Glen Haven Memorial Park 602Columbia Memorial Park 602Columbia Memorial Park 602Columbia Memorial Park 602Columbia Memorial Park 602Columbia Memorial Park 716Wicomico Memorial Park 716Wicomico Memorial Park State MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD CMEQ EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQO CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ ASSET-TYPE-7 Asset Tag Number Description 9382 9996 3309 3450 3453 3454 3455 3456 3462 3465 3466 3467 3851 3922 4320 4356 5580 2878 3314 3316 3536 3930 8036 8710 8844 10424 3323 3324 3326 3327 4382 4383 4387 5737 4333 4430 5155 5444 5793 8944 8952 9204 9294 11156 11157 12230 12614 12615 13748 13834 13835 14530 14664 2822 13759 13825 13983 14609 3852 4311 Backhoe Forks Frigid Lowering device 11984 Scissor li 12455 Lowering Device 12458 John Deere 755 Tractor 12459 Casket Set-up Drape 12460 Casket Li Stand 12461 DUMP TRAILER 12467 FUEL PUMP OF BACKHOE 12470 WHACKER TAMPER 12471 GAS FURNACE WITH A/C UNIT 12472 Heat & Central Air Unit 13689 Case 580 Backhoe 13886 Repairs to Backhoe (Folcomer) 14987 New starter for tractor 15087 rear axel for backhoe VAULT SLING 10343 Air Compressor 12010 Lowering Device - 4 12012 JD 870 TRACTOR w/deck, Bckts 12678 Snow Plow 13901 Kabota Lawn Tractor Backhoe Bucket Model 40 Forks Case backhoe Lowering Device 12067 YAMAR TRACTOR 12068 LOWERING DEVICE 12070 JOHN DEERE BACKHOE 12071 SNOW PLOW 15137 2004 EXMARK MOWER 15138 2004 EXMARK MOWER 15142 Repairs to backhoe axel John Deere Mower 60" Deck 15015 Air compressor 15244 Trimmers LOADER BUCKET - NEW HOLLAND CASKET LOWERING DEVICE Lowering Device Backhoe Bucket Loader 2011 Case 580 N Backhoe Red jacket Pump Rev Lowering Deice SS 75045 Mahindra 4530 75040 Mahindra 4530 11092 Pronovost 8 Ton Trailer Imperial 5502SK Lowering Devic Imperial 5502SK Lowering Devic Lowering Device SS Lowering Device SS Lowering Device SS Wacker Earth Tamper BS 50-2 Mausoleum Li Low Boy 10192 Case - 480E Backhoe with 36in Case 580 Super N Loader Backho 1905 2009 Ford F450 Dump Truck Honda High Power Pressure Wash Wacker Earth Tamper BS 50-2 13692 Maus Li 14968 HYDRAULIC PUMP ASSEMBLY 3 Digit # Name 728Lorraine Park Cemetery 728Lorraine Park Cemetery 728Lorraine Park Cemetery 728Lorraine Park Cemetery 728Lorraine Park Cemetery 728Lorraine Park Cemetery 728Lorraine Park Cemetery 728Lorraine Park Cemetery 728Lorraine Park Cemetery 728Lorraine Park Cemetery 728Lorraine Park Cemetery 728Lorraine Park Cemetery 728Lorraine Park Cemetery 728Lorraine Park Cemetery 728Lorraine Park Cemetery 728Lorraine Park Cemetery 647Floral Lawn Memorial Grds 647Floral Lawn Memorial Grds 647Floral Lawn Memorial Grds 647Floral Lawn Memorial Grds 647Floral Lawn Memorial Grds 651Floral Gardens 651Floral Gardens 651Floral Gardens 651Floral Gardens 651Floral Gardens 651Floral Gardens 652Roseland Memorial Grdns 652Roseland Memorial Grdns 652Roseland Memorial Grdns 652Roseland Memorial Grdns 652Roseland Memorial Grdns 652Roseland Memorial Grdns 717Sunrise Memorial Gardens 717Sunrise Memorial Gardens 717Sunrise Memorial Gardens 717Sunrise Memorial Gardens 717Sunrise Memorial Gardens 717Sunrise Memorial Gardens 717Sunrise Memorial Gardens 717Sunrise Memorial Gardens 717Sunrise Memorial Gardens 717Sunrise Memorial Gardens 718Mt Ever Rest Mem Prk S 718Mt Ever Rest Mem Prk S 718Mt Ever Rest Mem Prk S 718Mt Ever Rest Mem Prk S 718Mt Ever Rest Mem Prk S 718Mt Ever Rest Mem Prk S 718Mt Ever Rest Mem Prk S 718Mt Ever Rest Mem Prk S 718Mt Ever Rest Mem Prk S 718Mt Ever Rest Mem Prk S 718Mt Ever Rest Mem Prk S 719Mt Ever Rest Mem Prk N 720Chapel Hill Mem Grdns 720Chapel Hill Mem Grdns 720Chapel Hill Mem Grdns 720Chapel Hill Mem Grdns 720Chapel Hill Mem Grdns Description ASSET-TYPE-7 State MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MD MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQO CMEQO CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP CMEQ CMEQ CMEQO CMEQO EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQO EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQO EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP Asset 3031 3032 3033 3848 3849 3924 4042 4129 4201 5176 5327 6301 10333 12971 13982 14394 6124 9223 9224 6287 6802 6063 6477 7827 9478 9975 10181 6058 6060 6281 6285 13870 14493 6092 8459 8512 8601 8885 9139 9143 6277 10111 12236 8460 8467 8575 8576 8577 8578 9138 9035 11038 13301 13890 8461 8469 8470 8815 9555 11302 Tag Number 10673 10674 10675 13686 13687 13888 14210 14471 14654 12349 N7C425890 12230 51730 24825 59237 24366482 408 Casket Cart Roller Placers Repair John Deere Tractor JOHN DEERE 870 TRACTOR JOHN DEERE MOWER Lowering Device Chains for Backhoe JOHN DEERE 870 MOWER DECK REPAIRS FOR LOWERING DEVICE Case Backhoe-Model 580m2T 2005 FORD F-450 W/DUMP BODY Frigid Fluid Lowering Device Tractor with 72" Bucket New Case Backhoe engine Asset Honda High Power Pressure Wash Lowering Device Pin Machine Ulity Vehicle Mower w/ Snowblower Shore Box 2006 John Deere 1445 Mower Shore Box New Backhoe Lowering Device Wacker vibratory Rammer 300 gallon wall skid tank Generator 36 Bucket for Backhoe Gator TX Trad Series UV Shore Box 4W Tractor w/loader, bucket John Deere 960M Ztrak Snow Plow for Chevy Truck Gator TX Tradional SUV SOD CUTTER Lowering Device Ulity Vehicle 24.8 HP 24825 B&L Remains Processor Great Lakes Shore Liners haskel Bros Well Pump JD 110 Backhoe 4125 Overseeder Dewalt 3400 Pressure Washer HOLLAND VAULT CARRIER BACKHOE B95B Tractor 4WD 35 HP 70408 Frontload w/ Grill guard B1739 Snow blower 21002916 Ulity Vehicle 23869 Great Lakes Shore Liners Acquision Cemetery Equipment Ariens 2 stage 28" Snowblower Low Boy Casket li BS 50-2 Vibratory Rammer LOWERING DEVICE VAULT CARRIER LOWERING DEVICE Ulity Vehicle Tractor Supply Snow Thrower Case 580N Backhoe 3 Digit # Name 720Chapel Hill Mem Grdns 721East Lawn Mem Grdns 721East Lawn Mem Grdns 721East Lawn Mem Grdns 721East Lawn Mem Grdns 721East Lawn Mem Grdns 722DeepDale Memorial Gardens 722DeepDale Memorial Gardens 722DeepDale Memorial Gardens 722DeepDale Memorial Gardens 723Flint Memorial Park 723Flint Memorial Park 723Flint Memorial Park 723Flint Memorial Park 723Flint Memorial Park 723Flint Memorial Park 723Flint Memorial Park 723Flint Memorial Park 723Flint Memorial Park 723Flint Memorial Park 723Flint Memorial Park 724Chrisan Mem Grdns W 724Chrisan Mem Grdns W 724Chrisan Mem Grdns W 724Chrisan Mem Grdns W 724Chrisan Mem Grdns W 724Chrisan Mem Grdns W 724Chrisan Mem Grdns W 724Chrisan Mem Grdns W 724Chrisan Mem Grdns W 724Chrisan Mem Grdns W 724Chrisan Mem Grdns W 724Chrisan Mem Grdns W 725Chrisan Mem Grdns East 725Chrisan Mem Grdns East 725Chrisan Mem Grdns East 735Chapel Hill Mem Cem 735Chapel Hill Mem Cem 735Chapel Hill Mem Cem 735Chapel Hill Mem Cem 735Chapel Hill Mem Cem 735Chapel Hill Mem Cem 735Chapel Hill Mem Cem 735Chapel Hill Mem Cem 735Chapel Hill Mem Cem 735Chapel Hill Mem Cem 735Chapel Hill Mem Cem 735Chapel Hill Mem Cem 111Eastlawn Cemetery 111Eastlawn Cemetery 111Eastlawn Cemetery 111Eastlawn Cemetery 111Eastlawn Cemetery 111Eastlawn Cemetery 112Rivermonte Cemetery 112Rivermonte Cemetery 112Rivermonte Cemetery 112Rivermonte Cemetery 112Rivermonte Cemetery 112Rivermonte Cemetery Description State MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MO MO MO MO MO MO MO MO MO MO MO MO ASSET-TYPE-7 EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP CMEQ CMEQO EQUIP CAPLEASE CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQO EQUIP EQUIP CMEQ CMEQ CMEQ CMEQO CMEQO CMEQO CMEQ CMEQ CMEQ CMEQ CMEQO CMEQO Tag Number 38HX15027008 1M04X2XDPFM1 B004315 20587 21005807 70480 B0160 NCC560414 Asset 12709 8485 8884 9136 9145 9222 8510 8550 9135 12710 8380 8474 8507 8509 8525 8552 8814 9134 9553 12526 13455 8381 8475 8478 8506 8579 8580 8581 8582 9133 9326 12238 12508 7985 7029 14544 14696 6161 6662 8555 8602 8603 8604 9140 9961 9050 12428 14103 9285 9322 9365 6818 6884 9583 9286 9323 9462 9518 9584 9585 Mahindra 1538 Tractor Lowering Device Honda Snowblower Great Lakes Shore Liners Trailer w/ Ramp ulity Vehicle Low Boy Casket Li Master SS Lowering Device Great Lakes Shore Liners John Deere Gator TX 2009 Suzuki Mini Dump Truck BACKHOE B95B Low Boy Casket Li Casket Carrier Russo-KUB tractor 70340 Master SS Lowering Device Master Lowering Device Great Lakes Shore Liners Russo 27" Snow Thrower Snow Plow Well Pump 2009 Suzuki Mini Dump Truck LOWERING DEVICE BACKHOE B95B Low Boy Casket Li Tractor 4WD 35 HP 70191 Front load w/ grill guardB1259 Snow blower 21002917 Ulity Vehicle 23869 Shore Liners Kubota Tractor Snowblower Frost remover 60"29hp G3 Z-Master Mower John Deere F925 Mower 2018 Husqvarna M-ZT-61 Lwnmwr 2019 J Deere HPX615E VIN 20587 Shore Box 10" 4HP VIB Rammer (Russo) Master SS Lowering Device Snow Blower Tractor 35 HP 70480 Frontload w/grille guard B0160 Great Lakes Shore Liners LOADER BACKHOE Acquision Cemetery Equipment Backhoe Forks Pallbearer Casket Carriage Vibratory Rammer SS Lowering Device Liing Device w/ Swings 2001 John Deere 1445 Mower Toro Riding Mower Acquision Cemetery Equipment Vibratory Rammer Liing Device w/ Slings SS Lowering Device Kubota Tractor L2800 Case 580 SuperL Backhoe Kubota L35 backhoe 3 Digit # Name State 112Rivermonte Cemetery 112Rivermonte Cemetery 112Rivermonte Cemetery 112Rivermonte Cemetery 113White Chapel Cemetery 113White Chapel Cemetery 113White Chapel Cemetery 113White Chapel Cemetery 113White Chapel Cemetery 113White Chapel Cemetery 113White Chapel Cemetery 113White Chapel Cemetery 222Highland Sacred Gardens 222Highland Sacred Gardens 222Highland Sacred Gardens 222Highland Sacred Gardens 223Memorial Park Sedalia 223Memorial Park Sedalia 223Memorial Park Sedalia 223Memorial Park Sedalia 223Memorial Park Sedalia 223Memorial Park Sedalia 223Memorial Park Sedalia 223Memorial Park Sedalia 223Memorial Park Sedalia 655Forest Hill Calvary Cem 655Forest Hill Calvary Cem 655Forest Hill Calvary Cem 655Forest Hill Calvary Cem 655Forest Hill Calvary Cem 655Forest Hill Calvary Cem 655Forest Hill Calvary Cem 655Forest Hill Calvary Cem 655Forest Hill Calvary Cem 655Forest Hill Calvary Cem 655Forest Hill Calvary Cem 655Forest Hill Calvary Cem 655Forest Hill Calvary Cem 655Forest Hill Calvary Cem 655Forest Hill Calvary Cem 655Forest Hill Calvary Cem 125Lee Memorial Park 125Lee Memorial Park 125Lee Memorial Park 125Lee Memorial Park 125Lee Memorial Park 125Lee Memorial Park 224Carolina Biblical Garden 224Carolina Biblical Garden 224Carolina Biblical Garden 224Carolina Biblical Garden 224Carolina Biblical Garden 224Carolina Biblical Garden 224Carolina Biblical Garden 225Marn Memorial Garden 225Marn Memorial Garden 225Marn Memorial Garden 226York Memorial Park 226York Memorial Park 226York Memorial Park MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MO MS MS MS MS MS MS NC NC NC NC NC NC NC NC NC NC NC NC NC ASSET-TYPE-7 CMEQO CMEQO CMEQO EQUIP CMEQ CMEQ CMEQ CMEQO CMEQO CMEQO CMEQO EQUIP CMEQ CMEQ CMEQO EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQO CMEQO CMEQO EQUIP EQUIP CMEQ CMEQ EQUIP CAPLEASE CAPLEASE CMEQO Asset 9586 9587 9588 13838 9311 9463 9464 9589 9591 9592 9593 13839 6450 6898 7046 14620 5796 6906 6908 6912 7535 7597 8374 13012 14621 5828 5863 6003 6358 7637 8452 8812 9201 9479 11301 9971 10378 11222 12507 13792 14623 10725 10075 10078 11124 11125 12057 5601 6512 5649 7221 7222 13351 13376 7975 8929 11358 14683 14685 5642 Tag Number Description 54163 54162 409 85003 24365402 52035 10500 27615 16461 16463 77197 80068 90008 Kubota B7200 tractor Acq Mowers Acquision cemetery equipment John Deere 930M Ztrak Vibratory Rammer SS Lowering Device 2005 Kubota Backhoe Cat backhoe Acq Mowers Acq Massey Ferguson 1010 Acquision cemetery euipment John Deere 930M Ztrak Imperial Lowering Device John Deere 650 Tractor Toro groundsmaster 345 Mower John Deere Z960M Cmrcial Ztrak LB90 Loader Backhoe Robin Cememtery tamper Cememtery Lowering Device Case Cememtery Backhoe Major Backhoe repair (engine) Crwn Equip Backhoe bucket Dirt Trailer 2000 Grass Hopper Mower John Deere Z930M Ztrak Stainless Steel Lowering Dev Ford 545 Backhoe Heavy Duty Dump Trailer 1999 Mini Dump Truck Lowering Device Stands AgriMETAL LEAF BLOWER Snow Blade Plow Electric Golf Cart Snow Plow Case 580N Backhoe Tamper 1994 Suzuki Mini Truck 2002 Monroe Trailer 8 Level Low Boy Casket Li BS 50-2 Rammer Tamper Imperial Placer Set Package Kubota M59TLB Loader New trailer 2012 Load Trail w lt bed LZE740EKC604 Mower LZE740EKC604 Mower Vibratory Rammer John Deere 5202 Tractor Bachoe 580M 2WD Ext Exmark Lazer Mower Dump Trailer-single axle Tamper Grundfos Well Pump 9 Casket Space Temporary Stora Wacker Earth Tamper BS 50-2 Exmark Mower 922236 Tamper 2019 John Deere WBM VIN 80068 2019 John Deere WBM VIN 90008 2 ExMark Mowers 3 Digit # Name State 226York Memorial Park 226York Memorial Park 226York Memorial Park 226York Memorial Park 226York Memorial Park 226York Memorial Park 226York Memorial Park 226York Memorial Park 248Floral Garden Park Cem 248Floral Garden Park Cem 248Floral Garden Park Cem 248Floral Garden Park Cem 248Floral Garden Park Cem 248Floral Garden Park Cem 248Floral Garden Park Cem 248Floral Garden Park Cem 248Floral Garden Park Cem 248Floral Garden Park Cem 248Floral Garden Park Cem 248Floral Garden Park Cem 249Montlawn Memorial Park 249Montlawn Memorial Park 249Montlawn Memorial Park 249Montlawn Memorial Park 249Montlawn Memorial Park 249Montlawn Memorial Park 249Montlawn Memorial Park 249Montlawn Memorial Park 249Montlawn Memorial Park 249Montlawn Memorial Park 249Montlawn Memorial Park 249Montlawn Memorial Park 249Montlawn Memorial Park 249Montlawn Memorial Park 249Montlawn Memorial Park 249Montlawn Memorial Park 249Montlawn Memorial Park 249Montlawn Memorial Park 249Montlawn Memorial Park 250Mountlawn Memorial Park 250Mountlawn Memorial Park 250Mountlawn Memorial Park 250Mountlawn Memorial Park 250Mountlawn Memorial Park 250Mountlawn Memorial Park 250Mountlawn Memorial Park 250Mountlawn Memorial Park 250Mountlawn Memorial Park 250Mountlawn Memorial Park 250Mountlawn Memorial Park 250Mountlawn Memorial Park 250Mountlawn Memorial Park 620Randolph Memorial Park 620Randolph Memorial Park 620Randolph Memorial Park 620Randolph Memorial Park 620Randolph Memorial Park 620Randolph Memorial Park 621Alamance Memorial Park 621Alamance Memorial Park NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC ASSET-TYPE-7 CMEQO CMEQO CMEQO EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CAPLEASE CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP Asset 5643 7231 7232 11701 13248 11424 11972 12653 11687 11688 11689 11690 11691 11698 13868 13869 12708 13195 13229 13338 14693 7974 11704 11707 11708 11714 11715 11716 11717 11496 13850 10027 11982 12810 12811 13228 13236 13312 14622 11695 11696 11718 11719 11720 11721 11723 11724 11725 11726 11130 12548 12740 12498 13259 13305 12546 13222 13902 11706 11506 Tag Number Description 3 Casket Rollers-Grey Tractor-New Holland TC-40A Lowering Device 2002 New Holland Backhoe (2) RTV500-A Ulity Vehicles Tamper Lowering device Pronovost 5 ton dump trailer John Deere Backhoe 310SG Kubota Tractor L4740 U-Dump Dirt Trailer Double Axe Massey-Ferg Tractor Vault Trailer Setup Trailer John Deere 930M Ztrak John Deere 930M Ztrak 1280 Hotsy Pressure Washer Portable Irrigaon System C: 22887570 JD Gator HPX Wacker Jumping Jack BS5021 2019 J Deere HPX615E VIN 20173 5x8 Rear-Dp Trail w Trctr Hyd. 2007 New Holland Tractor John Deere Gator 2004 John Deere Gator 2011 Mausoleum li 1990 Mausoleum li 1990 Mausoleum li 2011 6X12 Trailer Case 580 N John Deere 4044M Tractor 24 foot trailer 38" Grave bucket #5502SK lowering device #4901SK lowering device C: 22887570 JD Gator HPX Dump Trailer Wacker Jumping Jack Bomag BT 65 Tamper ExMark Lazer Z mower ExMark Lazer Z mower Ford Backhoe 555 E Kubota Tractor and Front Loade UDUMP Wagon Dirt Wagon Green Polaris ulity Ranger Vehicle John Deere Mower Z930A Ex- Mark Lazer Z Mower 72 inch Ulity Trailer Vault trailer lowering trailer LZ5749EKC724 Mower Wacker Neuson Rammer BS50-2 Jumping Jack BS50-2 Wacker Kubota Tractor w/ Loader John Deere HPX4 2016 JCB 3CX Backhoe Wacker Neuson Rammer BS50-2 5'x8' Offroad Trailers Frigid Lowering Device John Deere Gator 1999 Case 580N Backhoe 43401 MS690 11210 51517 51512 40956 24332643 20173 430 714 547 40957 24308640 3123 20297149 24254762 30023 54411 20297134 6257 91-31MP 60096 3 Digit # Name State ASSET-TYPE-7 Asset Tag Number Description 621Alamance Memorial Park 621Alamance Memorial Park 621Alamance Memorial Park 621Alamance Memorial Park 621Alamance Memorial Park 621Alamance Memorial Park 621Alamance Memorial Park 621Alamance Memorial Park 622West Lawn Memorial Park 622West Lawn Memorial Park 622West Lawn Memorial Park 622West Lawn Memorial Park 622West Lawn Memorial Park 622West Lawn Memorial Park 622West Lawn Memorial Park 622West Lawn Memorial Park 623Wayne Mem Pk Park North 623Wayne Mem Pk Park North 623Wayne Mem Pk Park North 623Wayne Mem Pk Park North 623Wayne Mem Pk Park North 623Wayne Mem Pk Park North 623Wayne Mem Pk Park North 623Wayne Mem Pk Park North 623Wayne Mem Pk Park North 623Wayne Mem Pk Park North 623Wayne Mem Pk Park North 623Wayne Mem Pk Park North 623Wayne Mem Pk Park North 623Wayne Mem Pk Park North 623Wayne Mem Pk Park North 623Wayne Mem Pk Park North 625Lakeview Memorial Park 625Lakeview Memorial Park 625Lakeview Memorial Park 625Lakeview Memorial Park 625Lakeview Memorial Park 625Lakeview Memorial Park 625Lakeview Memorial Park 625Lakeview Memorial Park 625Lakeview Memorial Park 625Lakeview Memorial Park 625Lakeview Memorial Park 625Lakeview Memorial Park 625Lakeview Memorial Park 625Lakeview Memorial Park 625Lakeview Memorial Park 625Lakeview Memorial Park 625Lakeview Memorial Park 625Lakeview Memorial Park 625Lakeview Memorial Park 627Pinelawn Memorial Prk 627Pinelawn Memorial Prk 627Pinelawn Memorial Prk 627Pinelawn Memorial Prk 627Pinelawn Memorial Prk 627Pinelawn Memorial Prk 627Pinelawn Memorial Prk 627Pinelawn Memorial Prk 627Pinelawn Memorial Prk NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQO CMEQO CMEQO CMEQO CMEQO CMEQ CMEQ CMEQ CMEQO CMEQO EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQO EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP 12499 13247 11402 11507 11997 12703 12704 12720 8037 8719 9808 5716 5722 5725 5726 5727 6156 6510 7855 5648 5717 11710 13863 13864 13865 13866 13867 11133 12426 12661 12721 13565 7683 5645 11700 11510 12662 13230 13233 11135 11403 11509 11998 11999 12500 12706 12707 12722 13069 13223 13314 6460 6513 8926 8927 11134 12427 12741 13234 13238 30061 43403 10736 AM-16385 AM-16384 1M04XDKFM100 979689 51382 51378 51672 1441 6264 3106 11212 M04X2XDVFM10 SN 24343889 60098 31410 56792 16458 10829 AM-16382 AM-16383 1M04X2XDCFM1 6258 24308641 922242 872320 48952 24254755 40958 Kubota Tractor w/ Loader (2) RTV500-A Ulity Vehicles Low Boy Mausoleum Li Pronovist trailer 38" Grave bucket SK Master Cemetery Lowering De SK Master Cemetery Lowering De John Deere Gator TX Lowering Device SRS Gator 60 MOWER John Deer Backhoe 2 in 1 Mausoleum Li 5x8 Dump Trailor Wacker Grave Tamper John Deere Tractor 580M 2WD STD Scagg 26HP 5 Deck Mower Kawasaki Mower 72" 240 MASSEY FERGUSSON TRACTOR 2 Exmark Lawnmower LZ27 Exmark 72 Mower 2006 John Deere 950M Mower John Deere 950M Mower John Deere 930M Ztrak John Deere 4044M Tractor John Deere D170 Loader LZ5749EKC724 Mower Echo 7.75" Edger Pronovost 5 ton dump trailer John Deere Gator TX Jumping Jack BS50-2 Wacker Grave Shore w/ accesories Lowering Device EZGO Shule 6 Golf Cart Case backhoe Mahindra 5545 RTV-X900G Ulity Vehicle L4701HST 4WD Tractor LZ5749EKC724 Mower Low Boy Mausoleum Li Pronovist trailer 38" Grave bucket Vortexx Prosumer Pressure wash Frigid CM Lowering Device SK Master Cemetery Lowering De SK Master Cemetery Lowering De John Deere Gator TX Silt seeder 5'x8' Offroad Trailers Wacker Jumping Jack Lowering Device Backhoe 580M 2WD Ext Exmark Mower 922242 Exmark Mower 872320 LZ5749EKC724 Mower ExMark Leave Vaccuum System Jumping Jack BS50-2 Wacker C: 22887570 JD Gator HPX Dump Trailer 3 Digit # Name State 628Skyline Memory Garden 628Skyline Memory Garden 628Skyline Memory Garden 628Skyline Memory Garden 628Skyline Memory Garden 629Rowan Memorial Park 629Rowan Memorial Park 629Rowan Memorial Park 629Rowan Memorial Park 629Rowan Memorial Park 629Rowan Memorial Park 630Oaklawn Memorial Gardens 630Oaklawn Memorial Gardens 630Oaklawn Memorial Gardens 630Oaklawn Memorial Gardens 630Oaklawn Memorial Gardens 630Oaklawn Memorial Gardens 630Oaklawn Memorial Gardens 747Crestview Memorial Park 747Crestview Memorial Park 747Crestview Memorial Park 747Crestview Memorial Park 747Crestview Memorial Park 747Crestview Memorial Park 747Crestview Memorial Park 748Woodlawn Memorial Park 748Woodlawn Memorial Park 748Woodlawn Memorial Park 748Woodlawn Memorial Park 748Woodlawn Memorial Park 748Woodlawn Memorial Park 748Woodlawn Memorial Park 748Woodlawn Memorial Park 748Woodlawn Memorial Park 748Woodlawn Memorial Park 748Woodlawn Memorial Park 748Woodlawn Memorial Park 748Woodlawn Memorial Park 749Chatham Memorial Park 749Chatham Memorial Park 749Chatham Memorial Park 749Chatham Memorial Park 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ ASSET-TYPE-7 CMEQ CMEQO CMEQO CMEQO EQUIP CMEQ CMEQO EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQO CMEQO EQUIP EQUIP EQUIP CMEQ CMEQ EQUIP EQUIP CAPLEASE CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ Asset 9320 5663 5655 9412 13224 9813 6304 11703 13852 11138 13235 11699 11705 10804 13851 14246 11205 13350 3650 9832 11693 11702 12768 10165 12549 7856 8910 8912 8924 8925 9102 9209 9805 7207 9410 11711 11228 12547 7877 9414 11692 11697 14698 4403 4472 4480 4481 4484 4627 4628 4629 4814 4919 4920 5276 5289 5339 5422 6495 7958 Tag Number Description 6256 51647 3109 40952 74547 5048 24332644 13056 2615031 20297148 825410 922401 50303 20297146 53478 15174 10273 10281 10282 10285 11684 11685 11686 14023 14911 14912 Backhoe Dump Trailer Casket Roller New Holland Front End Loader 5'x8' Offroad Trailers 60 MOWER Equipment 1996 John Deere Tractor John Deere 930M Ztrak LZ5749EKC724 Mower C: 22887570 JD Gator HPX Polaris Ranger UTV John Deere Gator 1997 2012 Kubota KX-121 John Deere D170 Loader JD 4044 (Compact Ulity Tract Southern 6 foot lawn plugger Wacker Jumping Jack BS5021 New Holland Tractor 14 X 28 UTILITY BLDG Dirt Trailer Single Axel Dump 1997 Kubota Backhoe JCB Backhoe Grave Bucket Wacker Neuson Rammer BS50-2 kawasaki Mower 72" Tamper-Gas Powered BS50-2 Imperial Stainless Steel Devic Exmark Mower Exmark mower Kubota Tractor GB 0262 Kubota Ballast Box 72 MOWER Mower bobcat skid loader Exmark 72 Mower 2008 2012 Kubota Backhoe M-59 Wacker Neuson Rammer BS50-2 Tamper 160-175LB Class hawks dump trailer Ford Backhoe R400 637 Model KF John Deere 930 Mower 2019 J Deere 310EP VIN 53478 Riding Mower A/C COMPRESSORS Mausoleum Li NEW TRACTOR FRIGID FLUID LOWERING DEVICE Badger 300 Hydro Seeder 9000 LB Mausoleum Li 2WD TRACTOR BACKHOE Tractor 4WD 36"" Backhoe Compressor & Heat Pumps SNOW BLOWER TORO 38600 SNOW COMMANDER 2003 Toro Workman TORO SNOW COMMANDER Trailer Wildcat Mower 3 Digit # Name State 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 107BI-WMG Cemeteries 109Cloverleaf Memorial Park 109Cloverleaf Memorial Park 109Cloverleaf Memorial Park 109Cloverleaf Memorial Park 109Cloverleaf Memorial Park 109Cloverleaf Memorial Park 109Cloverleaf Memorial Park 109Cloverleaf Memorial Park 109Cloverleaf Memorial Park 109Cloverleaf Memorial Park 109Cloverleaf Memorial Park 109Cloverleaf Memorial Park 109Cloverleaf Memorial Park 548Locustwood Meml Park 548Locustwood Meml Park 548Locustwood Meml Park 548Locustwood Meml Park 548Locustwood Meml Park 548Locustwood Meml Park 548Locustwood Meml Park 548Locustwood Meml Park 548Locustwood Meml Park 548Locustwood Meml Park 548Locustwood Meml Park 548Locustwood Meml Park 548Locustwood Meml Park 548Locustwood Meml Park 548Locustwood Meml Park 548Locustwood Meml Park 548Locustwood Meml Park 548Locustwood Meml Park 548Locustwood Meml Park 670Arlington Cemetery 670Arlington Cemetery 670Arlington Cemetery 670Arlington Cemetery 670Arlington Cemetery 670Arlington Cemetery 670Arlington Cemetery 670Arlington Cemetery 671Bethel Memorial Park 671Bethel Memorial Park 671Bethel Memorial Park NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ ASSET-TYPE-7 CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP CMEQ CMEQ CMEQ Asset 8760 9216 10321 14668 10191 10486 10542 10838 11210 11523 12784 13337 13932 14561 14654 14655 14656 4452 4683 4685 4686 4741 5146 5167 5424 5508 7640 10527 12008 13935 3254 4457 4519 4630 4742 4743 4744 4803 4804 4855 4936 5272 6596 10528 10626 12754 13950 14341 14531 2803 3838 3839 4518 5273 9363 11175 10074 4529 4930 4932 Tag Number Description Vacuum 2 Electric Cooling Units 26674 Case 580SM2 Backhoe VercalPlaormLi(Elevator) Generac port generator Tractor Mount snow blower 3933 80 CC Shindaiwa Blower Toro Sidewalk Snow plow Casket Cart 5060 E Tire machine Junkin Chrome Model #LD3287-C Bartell Concrete Mixer 2 Tampers Serial#'s 7625- 76 ImperialCasketLoweringDevice Shoring Box Shoring Box Shoring Box 10014 Casket Lowering Device 11740 BACKHOE 11742 GENERATOR 11743 1996 Maus Li DC18 13380 1981 Ford 1700 Tractor POLE PRUNNER Water pump unit TORO SNOW COMMANDER Lowering Device Snow PLow 2323 Mahindra 4530 Tractor Pole saw Tamper serial#101541327627 11573 Used Backhoe Loader 10061 1 1/2 HP Jet Water Pump 10578 Frigid Fluid Lowering Device 11687 BACKHOE 13381 SNOW PLOW 13382 mausoleum li 13383 4WD TRACTOR 13817 Snow Blower 13818 Backpack Leaf Blower 14480 NEW HOLLAND BACKHOE 15145 Riding Mower 24" Chainsaw Line Trimmer 2381 Mahindra 4530 Tractor Pallbearer Casket carriage Radtech Debris Blower Tamper serial#101541327559 Lowering Device Imperial 2.0 Lowering Device M 10069 Casket Lowering Device 13640 LOWERING DEVICE 13641 Mower/trimmer 10577 Kubota L2500DT 4WD Tractor SNOW THROW BLOWER Hedger 004FD Mahindra 4530 w/ loader Trench box 10652 CHERRY HILL TRACTOR(Backhoe) 15099 Trimmer 15101 36"" bucket for backhoe 3 Digit # Name State 671Bethel Memorial Park 671Bethel Memorial Park 671Bethel Memorial Park 671Bethel Memorial Park 227Forest Hill Memorial Grdn 227Forest Hill Memorial Grdn 227Forest Hill Memorial Grdn 227Forest Hill Memorial Grdn 227Forest Hill Memorial Grdn 227Forest Hill Memorial Grdn 227Forest Hill Memorial Grdn 227Forest Hill Memorial Grdn 227Forest Hill Memorial Grdn 227Forest Hill Memorial Grdn 227Forest Hill Memorial Grdn 227Forest Hill Memorial Grdn 227Forest Hill Memorial Grdn 227Forest Hill Memorial Grdn 228Crown Hill Mem Pk Maus 228Crown Hill Mem Pk Maus 228Crown Hill Mem Pk Maus 228Crown Hill Mem Pk Maus 228Crown Hill Mem Pk Maus 228Crown Hill Mem Pk Maus 228Crown Hill Mem Pk Maus 228Crown Hill Mem Pk Maus 228Crown Hill Mem Pk Maus 228Crown Hill Mem Pk Maus 228Crown Hill Mem Pk Maus 229Resthaven Memory Gardens 229Resthaven Memory Gardens 229Resthaven Memory Gardens 229Resthaven Memory Gardens 229Resthaven Memory Gardens 229Resthaven Memory Gardens 229Resthaven Memory Gardens 230West Memory Gardens 230West Memory Gardens 230West Memory Gardens 230West Memory Gardens 230West Memory Gardens 231Highland Memorial Park 231Highland Memorial Park 231Highland Memorial Park 231Highland Memorial Park 232Hillside Memorial Park 232Hillside Memorial Park 232Hillside Memorial Park 232Hillside Memorial Park 232Hillside Memorial Park 232Hillside Memorial Park 232Hillside Memorial Park 232Hillside Memorial Park 232Hillside Memorial Park 233Northlawn Mem Gardens 233Northlawn Mem Gardens 233Northlawn Mem Gardens 233Northlawn Mem Gardens 233Northlawn Mem Gardens 233Northlawn Mem Gardens Description NJ NJ NJ NJ OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH ASSET-TYPE-7 CMEQ CMEQ CMEQ EQUIP AUTOO CAPLEASE CMEQ CMEQ CMEQO CMEQO CMEQO CMEQO CMEQO CMEQO CMEQO EQUIP EQUIP EQUIP AUTOO CMEQ CMEQO CMEQO CMEQO CMEQO CMEQO EQUIP EQUIP EQUIP EQUIP CMEQ CMEQO CMEQO CMEQO EQUIP EQUIP EQUIP CAPLEASE CMEQO CMEQO EQUIP EQUIP CMEQO CMEQO EQUIP EQUIP CMEQ CMEQ CMEQ CMEQO CMEQO CMEQO CMEQO EQUIP EQUIP CMEQ CMEQO CMEQO CMEQO CMEQO CMEQO Tag Number 15173 95227 11111 USMN2913DD 1550 USMN-2887 A5532 LLLLL 12791 51651 40455 1545 Asset 4938 5517 5582 10032 6744 14675 9194 9457 6731 6732 6733 6734 6735 6736 6739 10328 14305 14349 6730 8709 6716 6717 6718 6719 6720 12659 12697 12805 14350 8720 7101 7102 7103 12652 12806 13184 14116 7084 7086 12807 14351 6745 6746 10147 10148 8346 9186 9456 7122 7123 7124 7125 12738 12694 8843 7134 7135 7136 7137 7140 Riding Mower Lowering Device Back Pac Blower MS2612 Chainsaw Gator 2019 J Deere HPX615E VIN 11111 Tractor Dump Trailer Air Compressor Backhoe Backhoe Bucket Backhoe Forks Gas/Diesel Tank Lowering device Tamper Snowthrower Lowering Device w/grass set Lowering Device w/grass set AI Gator Jumping Jack Backhoe Hydralic Li Lowering Device Lowering Device Mausoleam Li Mahindra 4530 Gator - requested SN - 01550 HPX Gator Lowering Device w/grass set AI 2008 Kubota KX-121 Backhoe Backhoe-John Deere Model Mausoleum Li Tamper Mahindra 4530 HPX Gator Honda CX100 Rammer/Tamper 2001 Case 580SM Backhoe Lowering Device Tamper HPX Gator Lowering Device w/grass set & backhoe-John Deere 300D Lowering Device NH Boomer Tractor M59 Backhoe 26" 2-Stage Snowthrower Tractor Dump Trailer Backhoe Lowering Device Mausoleum Li John Deere Mower Kubota 4WD Tractor John Deere TX Gator Snow Blower New Holland backhoe Lowering device Mausoleum Li New Holland Mower 2004 Kubota tractor 3 Digit # Name State 233Northlawn Mem Gardens 233Northlawn Mem Gardens 233Northlawn Mem Gardens 363Rest Haven Memorial Park 363Rest Haven Memorial Park 363Rest Haven Memorial Park 363Rest Haven Memorial Park 363Rest Haven Memorial Park 363Rest Haven Memorial Park 363Rest Haven Memorial Park 363Rest Haven Memorial Park 364Kingwood Memorial Park 364Kingwood Memorial Park 364Kingwood Memorial Park 604Crown Hill Cemetery 604Crown Hill Cemetery 604Crown Hill Cemetery 604Crown Hill Cemetery 604Crown Hill Cemetery 604Crown Hill Cemetery 604Crown Hill Cemetery 604Crown Hill Cemetery 604Crown Hill Cemetery 604Crown Hill Cemetery 604Crown Hill Cemetery 604Crown Hill Cemetery 604Crown Hill Cemetery 604Crown Hill Cemetery 604Crown Hill Cemetery 606Butler County Mem Park 606Butler County Mem Park 606Butler County Mem Park 606Butler County Mem Park 606Butler County Mem Park 606Butler County Mem Park 736Heritage Hills Cemetery 736Heritage Hills Cemetery 737Royal Oak Cemetery 737Royal Oak Cemetery 737Royal Oak Cemetery 737Royal Oak Cemetery 25 Greenwood Cemetery 25 Greenwood Cemetery 25 Greenwood Cemetery 25 Greenwood Cemetery 30 Pleasant View Cemetery 30 Pleasant View Cemetery 30 Pleasant View Cemetery 30 Pleasant View Cemetery 30 Pleasant View Cemetery 30 Pleasant View Cemetery 145Twin Hills Memorial Park 145Twin Hills Memorial Park 145Twin Hills Memorial Park 145Twin Hills Memorial Park 145Twin Hills Memorial Park 145Twin Hills Memorial Park 145Twin Hills Memorial Park 145Twin Hills Memorial Park 145Twin Hills Memorial Park Description OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA ASSET-TYPE-7 EQUIP EQUIP EQUIP CAPLEASE CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP AUTOO CAPLEASE CMEQ CMEQ CMEQ EQUIP CMEQ EQUIP AUTOO CMEQ CMEQO EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ Asset 10146 12808 13289 14479 7969 7970 9315 13700 14190 10108 13266 10118 10002 12812 4532 4544 4545 4546 4549 4877 4892 6267 10566 12739 12767 12819 10121 12699 12701 7121 14565 3883 4369 7959 11224 8751 11234 7100 8750 6738 13226 3243 4256 4399 5455 2866 3259 5294 9237 11522 13931 4018 4108 4119 4348 5196 5220 5223 5360 5383 Tag Number 12914 B1247 11111 25986/25987 12963 10767 10779 10780 10781 10784 14595 14709 N2339 2146082 17046 23632 13802 15119 27611 N2033 B1556 11506 14837 15168 10257 11600 14134 14413 14437 15068 NH Boomer Tractor HPX Gator Honda Rammer 2015 John Deere 310K VIN 11111 Kubota Tractor RTV900 W Kubota Tractor RTV900 W New pump FTV motor Kubota repl (7969) Kubota Engine 2 Dump Trailers Jumping Jack Tamper NH Boomer Tractor Lowering device HPX Gator Backhoe Grave Tamper Chain Saw Ford-Backhoe-Model 550 Lowering device/Various equipm 8' CRYPT FRONT LOADER REBUILT KENT HAMMER Snow Blower Mahindra 4530 4WD Tractor Hotsy Trailer Mounted Wash Sys JCB Backhoe John Deere 3030 Tractor 20' Trailer Jumping Jack BS50-2 Wacker Gator - requested SN JD Gator 2012 John Deere 310 VIN 23632 CEMETERY EQUIPMENT New Backhoe Air Condioning unit Rammer/Tamper Snow Thrower 2014 Mahindra 4530 Gator Snow Thrower Ransom Mower Honda CX100 Rammer/Tamper MAUS HYDRALIC LIFT Repair lowering device Overhaul Dump Truck VIN#61440 GAS LINE MOWER REPAIR Diesel Tank SPREADER BAR & CABLE EQUIP Tractor/Loader Lowering device Tamper serial#101541327621 Mower LOOP TRIMMER HEDGE TRIMMER BACKHOE FORKS Backhoe-Model 580m2T DIGGING BOX HYDRO PUMP UNIT POLE PRUNER HOBART WELDER 3 Digit # Name State 145Twin Hills Memorial Park 145Twin Hills Memorial Park 145Twin Hills Memorial Park 145Twin Hills Memorial Park 145Twin Hills Memorial Park 145Twin Hills Memorial Park 145Twin Hills Memorial Park 145Twin Hills Memorial Park 145Twin Hills Memorial Park 145Twin Hills Memorial Park 145Twin Hills Memorial Park 251George Washington 251George Washington 251George Washington 251George Washington 251George Washington 253Sunset Memorial Park 253Sunset Memorial Park 253Sunset Memorial Park 253Sunset Memorial Park 253Sunset Memorial Park 253Sunset Memorial Park 253Sunset Memorial Park 253Sunset Memorial Park 253Sunset Memorial Park 253Sunset Memorial Park 303All Saints Cemetery 305Calvary Cemetery 305Calvary Cemetery 305Calvary Cemetery 307Holy Cross Cemetery 307Holy Cross Cemetery 309Holy Sepulchre Cemetery 312Resurrecon Cemetery 312Resurrecon Cemetery 312Resurrecon Cemetery 313Saint Peter and Paul Cem 313Saint Peter and Paul Cem 313Saint Peter and Paul Cem 313Saint Peter and Paul Cem 313Saint Peter and Paul Cem 313Saint Peter and Paul Cem 313Saint Peter and Paul Cem 314St John Neumann Cemetery 314St John Neumann Cemetery 354Bethlehem Memorial Park 354Bethlehem Memorial Park 354Bethlehem Memorial Park 354Bethlehem Memorial Park 354Bethlehem Memorial Park 354Bethlehem Memorial Park 354Bethlehem Memorial Park 354Bethlehem Memorial Park 360Riverside Cemetery 360Riverside Cemetery 360Riverside Cemetery 360Riverside Cemetery 360Riverside Cemetery 360Riverside Cemetery 360Riverside Cemetery PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA ASSET-TYPE-7 CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CAPLEASE EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CAPLEASE EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CAPLEASE CAPLEASE EQUIP CAPLEASE CAPLEASE CAPLEASE EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ Asset Tag Number Description 5468 5540 6129 6315 7632 7978 12097 12677 13211 13936 14455 11727 11728 11729 11730 11731 13771 11747 11748 11750 11751 11754 11755 13886 14297 13940 13710 13067 13941 14226 13773 13942 13943 13660 13661 14227 14015 14017 14674 14296 12656 12657 13944 13971 14755 2925 2928 3480 4176 9236 9861 12748 14766 3511 3514 3515 3979 4030 4355 4401 20324 JM012237 53149 89361 83539 72102 86208 88800 58139 JM012209 314655672/31 314655659/31 10433 10436 12506 14574 20094145 N4C304789 12609 12612 12613 14035 14183 15086 15171 TURBINE HEATER 6X8 SINGLE AXLE Ul Trailor Backhoe 24: Bucket BLOWER FOR MOWER DECK New Motor on ExMark Mower Chainsaw SN:279349678 Superior Lowering Device Mower - confirm SN John Deere JD Z930M 60" Tamper serial#101541327620 Lowering Device w/straps Kubota BF 400G Tractor 4X4 198 John Deere Tractor 4X4 1987 John Deere Gator gas/cab 2013 John Deere Gator gas 2007 John Deere Gator gas 2006 2015 John Deere 310K- Backhoe New Holland 1395 Tractor 2004 John Deere 5045D Tractor 2013 John Deere 997 Lawn cuer 201 John Deere 997 Lawn Cuer 201 John Deere gator 2006 John Deere gator 2006 Backhoe Trans #11747 JD Gator S4 825MAK Tamper serial#101541327614 2006 John Deere 410G - Backhoe JD 310L Backhoe Tamper serial#101541327624 Low Boy Casket Li John Deere 825I Gator 2 Tampers serial#7611, serial 2 Tampers serial#7622, serial# 2015 John Deere 310LE - Backho 2015 John Deere 310EK - Backho Low Boy Casket Li 2017 John Deere 50G - Excavato 2017 JCB, Inc. 3CX Compact 2019 J Deere 310EP VIN 58139 JD Gator S4 825MAV Exmark Mower with bagger Exmark Mower with bagger 3 Tampers 7604 7605 7606 Tamper serial#101541327616 Indeco HP1100 BackhoeRockHammr CASKET LIFT LOWERING DEVICE SNOW PLOW & BLOWER John Deere Mower Tractor/Loader WACKER BS50-2 RAMMER 2004 Case 580SM Backhoe Imperial SS Lowering Device 300 GAL TANK/PARTS TAMPER MONUMENT LIFTER 2002 Exmark Mower Mower Repair Chain saw MS260-18 2004 Exmark Riding Mower 3 Digit # Name State 360Riverside Cemetery 360Riverside Cemetery 403Morris Cemetery 403Morris Cemetery 403Morris Cemetery 403Morris Cemetery 403Morris Cemetery 403Morris Cemetery 403Morris Cemetery 403Morris Cemetery 441Prospect Cemetery Inc 441Prospect Cemetery Inc 441Prospect Cemetery Inc 441Prospect Cemetery Inc 451Castleview Memorial Park 451Castleview Memorial Park 451Castleview Memorial Park 451Castleview Memorial Park 451Castleview Memorial Park 451Castleview Memorial Park 453Crestview Meml Park Inc 453Crestview Meml Park Inc 453Crestview Meml Park Inc 453Crestview Meml Park Inc 453Crestview Meml Park Inc 453Crestview Meml Park Inc 453Crestview Meml Park Inc 455Blair Memorial Park Inc 455Blair Memorial Park Inc 455Blair Memorial Park Inc 455Blair Memorial Park Inc 455Blair Memorial Park Inc 455Blair Memorial Park Inc 455Blair Memorial Park Inc 455Blair Memorial Park Inc 455Blair Memorial Park Inc 455Blair Memorial Park Inc 455Blair Memorial Park Inc 455Blair Memorial Park Inc 455Blair Memorial Park Inc 455Blair Memorial Park Inc 455Blair Memorial Park Inc 455Blair Memorial Park Inc 455Blair Memorial Park Inc 455Blair Memorial Park Inc 455Blair Memorial Park Inc 457Centre County Meml Park 457Centre County Meml Park 457Centre County Meml Park 457Centre County Meml Park 457Centre County Meml Park 457Centre County Meml Park 457Centre County Meml Park 457Centre County Meml Park 457Centre County Meml Park 457Centre County Meml Park 457Centre County Meml Park 457Centre County Meml Park 457Centre County Meml Park 457Centre County Meml Park PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA ASSET-TYPE-7 EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP CMEQ CMEQ EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP Asset Tag Number Description 12529 13978 2792 3526 3527 3529 3530 3532 5765 13269 3548 3556 11525 12098 2947 3576 3578 3579 5200 5250 3591 4130 4370 5203 5253 6009 12522 2796 2949 3009 3594 3595 4147 4196 4331 5149 5168 5340 5392 5395 7806 8498 8955 10322 11143 13946 3785 5389 7810 10024 14131 9982 10648 12247 12425 12679 12680 13980 14092 14132 10037 12646 12647 12649 12650 12652 12723 12731 10482 12810 12812 12813 12842 14474 15122 10046 10488 10633 12874 12875 14525 14629 15012 889467 26690 27216 13494 77475 315603352 315637616 Imperial 5502SK Lowering Devic Bomag Tamper serial#1015413276 Repairs, Backhoe WEEK WACKER VAULT SLING DUMP TRAILER GAS / DIESEL TANKS MONUMENT LIFTER Lowering Device John Deere 310C Backhoe TAMPER CASKET CARRIAGE Snow thrower Frigid CM Lowering Device Tampers Lowering Device NEW HOLLAND 545D TRACTOR LEAF VAC Backhoe-Model 580m2T BACKHOE BUCKET FOR VAULT LEAR VAC GEAR BOX FOR MOWER DECK Riding Mower Backhoe-Model 580m2T BACKHOE BUCKET FOR VAULTS SCAG 61 Rider Mower B5600219 Mahindra 4530 Hedge Trimmer Leaf Blower Tamper LOWERING DEVICE FORD 2120 TRACTOR LAZER Z 27HP MOWER WELL PUMP Hydraulic Pump for backhoe SNOW BLOWER WATER PUMP 36" BUCKET FOR BACKHOE TANAKA TREE TRIMMER DIGGING BOX 12X16 Storage barn Z830A Lawn Tractor Exmark Mower 889467 Case 580SM2 Backhoe LZE740EKC604 Mower Tamper serial#101541327564 CASKET CARRIAGE DIGGING BOX Scag Mower 1999 John Deere Backhoe JD 3039R Tractor Lowering device 36" JD 310SE Backhoe Bucket Imperial 5502SK Lowering Devic Snow Plow Exmark Lazer 60 Exmark Lazer 60 Bomag Tamper serial#1015413276 Billy Goat-Debris Loader & Acc JD H165 Loader 3 Digit # Name 459Mt Lebanon Cemetery 459Mt Lebanon Cemetery 459Mt Lebanon Cemetery 459Mt Lebanon Cemetery 459Mt Lebanon Cemetery 459Mt Lebanon Cemetery 459Mt Lebanon Cemetery 459Mt Lebanon Cemetery 460South Side Cemetery 460South Side Cemetery 460South Side Cemetery 460South Side Cemetery 460South Side Cemetery 462Woodlawn Meml Park Assn 462Woodlawn Meml Park Assn 462Woodlawn Meml Park Assn 462Woodlawn Meml Park Assn 462Woodlawn Meml Park Assn 462Woodlawn Meml Park Assn 462Woodlawn Meml Park Assn 463Sunset Hill Meml Gardens 463Sunset Hill Meml Gardens 463Sunset Hill Meml Gardens 463Sunset Hill Meml Gardens 463Sunset Hill Meml Gardens 463Sunset Hill Meml Gardens 464Mt Zion Cem Mausoleum 464Mt Zion Cem Mausoleum 464Mt Zion Cem Mausoleum 464Mt Zion Cem Mausoleum 464Mt Zion Cem Mausoleum 464Mt Zion Cem Mausoleum 464Mt Zion Cem Mausoleum 464Mt Zion Cem Mausoleum 464Mt Zion Cem Mausoleum 466Greene County Meml Park 466Greene County Meml Park 466Greene County Meml Park 466Greene County Meml Park 466Greene County Meml Park 466Greene County Meml Park 466Greene County Meml Park 469Grand View Meml Park 469Grand View Meml Park 469Grand View Meml Park 469Grand View Meml Park 469Grand View Meml Park 470Woodlawn Memorial Gardens 470Woodlawn Memorial Gardens 470Woodlawn Memorial Gardens 470Woodlawn Memorial Gardens 470Woodlawn Memorial Gardens 470Woodlawn Memorial Gardens 470Woodlawn Memorial Gardens 470Woodlawn Memorial Gardens 470Woodlawn Memorial Gardens 471Coraopolis Cemetery 471Coraopolis Cemetery 471Coraopolis Cemetery 475Tioga County Meml Garden Description State PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA ASSET-TYPE-7 CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP CAPLEASE CMEQ EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP CMEQ EQUIP EQUIP CMEQ Asset 3621 3623 5151 9208 9376 13325 14064 14230 3627 3628 4306 5161 11527 4709 4710 4830 4834 5457 10796 11097 3633 3634 4002 4087 4372 5198 3637 3638 3644 3646 3647 4051 4282 4296 5181 2962 3654 3658 9229 14427 10399 10573 14110 9080 11416 13947 14628 1857 3682 3684 3986 7561 7602 12081 13210 13981 4729 11170 12011 2104 Tag Number 12954 12956 12345 A1-23867 12968 12969 14954 12997 12998 14187 14196 79257 13015 13016 14108 14355 15124 13034 13035 13041 13043 13044 14253 14889 14929 10521 13073 13077 LHJG333652 88888 13145 13150 13152 14047 20319 13171 2927 13593 CHAINSAW LOWERING DEVICE LOWERING DEVICES Lowering Device MA HUndra Tractor/Dump Cart Case 580SM2 Bomag BT60 Tamper Pin#10154112 Lowering Device w/grass set A1 LOWERING DEVICE FORD BACKHOE CYLINDER ASY FOR BACKHOE HYDRAULIC CYLINDER FOR BACKHOE Lowering device SUP; AL FRAME SUP; PREMIER POLY GRASS Lowering Device Blower CASE 580 M2T Loader/Backhoe 2013 CM Equipment Trailer Troybilt Snow Blower JACKHAMMER JACKHAMMER GUN Ford 36"" backhoe bucket Kubota Tractor w/front loader John Deere Riding Mower Backhoe-Model 580m2T DUMP TRAILER LOWERING DEVICE CLARK SCISSOR LIFT CUST MZC Ford Tractor CASE BACKHOE pump for backhoe Lawn Mower repair Repairs to lawn mower Case backhoe-Model 580m2T Trimmer LOWERING DEVICE Maus / Casket Li Lowering Device JD 310L Loader Backhoe Tractor & loader Backhoe Bucket 2017 New Holland B95B Tractor Dirt Cart Mahindra 4530 with loader Tamper serial#101541327562 Superior Chrome lowring device John Deere 510E Backhoe PLYWOOD FRAMING & CAULKING LOWERING DEVICE snowblower Backhoe Forks Maus HVAC Equip Imperial Lowering Device John Deere JD Z930M 60" Bomag Tamper serial#1015413276 TRACTOR NEW HOLLAND 1530 Mahindra 4530 w/ loader IMP5502SK Lowering device Case Backhoe 3 Digit # Name State 475Tioga County Meml Garden 475Tioga County Meml Garden 475Tioga County Meml Garden 475Tioga County Meml Garden 495Riverview Memorial Garden 495Riverview Memorial Garden 495Riverview Memorial Garden 495Riverview Memorial Garden 495Riverview Memorial Garden 495Riverview Memorial Garden 495Riverview Memorial Garden 495Riverview Memorial Garden 495Riverview Memorial Garden 496Cumberland Valley Meml 496Cumberland Valley Meml 496Cumberland Valley Meml 496Cumberland Valley Meml 496Cumberland Valley Meml 496Cumberland Valley Meml 496Cumberland Valley Meml 496Cumberland Valley Meml 496Cumberland Valley Meml 496Cumberland Valley Meml 496Cumberland Valley Meml 497Tri-County Meml Gardens 497Tri-County Meml Gardens 497Tri-County Meml Gardens 497Tri-County Meml Gardens 497Tri-County Meml Gardens 498Blue Ridge Meml Gardens 498Blue Ridge Meml Gardens 498Blue Ridge Meml Gardens 498Blue Ridge Meml Gardens 498Blue Ridge Meml Gardens 498Blue Ridge Meml Gardens 498Blue Ridge Meml Gardens 498Blue Ridge Meml Gardens 529Parklawn Memorial Gardens 529Parklawn Memorial Gardens 529Parklawn Memorial Gardens 529Parklawn Memorial Gardens 529Parklawn Memorial Gardens 536Green Lawn Memorial Park 536Green Lawn Memorial Park 536Green Lawn Memorial Park 536Green Lawn Memorial Park 536Green Lawn Memorial Park 536Green Lawn Memorial Park 536Green Lawn Memorial Park 536Green Lawn Memorial Park 536Green Lawn Memorial Park 536Green Lawn Memorial Park 536Green Lawn Memorial Park 536Green Lawn Memorial Park 536Green Lawn Memorial Park 536Green Lawn Memorial Park 536Green Lawn Memorial Park 536Green Lawn Memorial Park 536Green Lawn Memorial Park 536Green Lawn Memorial Park Description PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA ASSET-TYPE-7 CMEQ CMEQ CMEQ EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP CMEQ CMEQ CMEQ EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP CMEQ CMEQ CMEQ CMEQ EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP Asset 3821 4324 5358 10414 1926 1954 2985 3731 3733 3735 4110 5216 13128 1940 1942 3736 3737 3739 3741 5612 7674 8954 9998 13072 3771 3872 7603 10022 13214 1970 1971 3746 3987 5290 5394 5460 13948 1693 3748 3749 3755 10417 2998 2999 3387 3780 3781 3782 3784 4088 5201 5204 5329 6560 7812 8717 12732 10415 10416 13203 Tag Number 13594 14996 13279 13319 10565 13280 13282 13284 14415 13299 13301 13285 13303 13305 13307 1050202 13425 13775 20284 13336 13337 13340 14051 12870 13361 13362 13368 54358 10607 10608 12257 13489 13490 13491 13493 14365 54800 54328 20337 John Deere Tractor Frost Remover CHAIN SAW Ex Mark Mower 1987 FORD BACKHOE FORD 1920 TRACTOR X-Mark Lazer MOWER MANUAL/WACKER TAMPER/ TRAC VAC 452 SVC Casket Carriage X-Mark Mower Engine NH TC40 4WD TRACTOR 5502 SK Lowering Device Ford 8N Tractor John Deere 310E Backhoe Hydraulic Li WACKER TAMPER LOWERING DEVICE BACKHOE BUCKET Air Compressor JD 310G Backhoe Exmark Mower 862901 Lowering device T&H60 Hydraulic Breaker 1987 JOHN DEERE BACKHOE pond pump 36" Backhoe Bucket Lowering device John Deere JD Z930M 60" FURNITURE STORAGE TANK-BLUERIDGE LOWERING DEVICES (2) well pump SURING BOX KOBALT AIR COMPRESSOR Snow Blower Tamper serial#101541327561 CASE 480 E BACKHOE LAWN MOWER/UTILITY CART WACKER TAMPER CEMETERY BUCKET W/TEETH Ex Mark Mower Roller Placers/Device Strap Grass Mat/Mound Cover John Deere Lawn Mower WACKER RAMMER TAMPER Lowering Device CHAIN SAW John Deere 770 Tractor water pump WATER PUMP DIGGING BOX JUMPING JACK TAMPER Backhoe Bucket Loader Scag Mower Digging Box JD 310 SG Backhoe Ex Mark Mower Ex Mark Mower John Deere JD Z930M 60" 3 Digit # Name State 536Green Lawn Memorial Park 536Green Lawn Memorial Park 583Mount Airy Cemetery 583Mount Airy Cemetery 583Mount Airy Cemetery 583Mount Airy Cemetery 583Mount Airy Cemetery 583Mount Airy Cemetery 583Mount Airy Cemetery 592Westminster Cemetery 592Westminster Cemetery 592Westminster Cemetery 592Westminster Cemetery 592Westminster Cemetery 592Westminster Cemetery 592Westminster Cemetery 592Westminster Cemetery 592Westminster Cemetery 592Westminster Cemetery 592Westminster Cemetery 592Westminster Cemetery 592Westminster Cemetery 592Westminster Cemetery 592Westminster Cemetery 613Cedar Hill Mem Park 613Cedar Hill Mem Park 613Cedar Hill Mem Park 613Cedar Hill Mem Park 613Cedar Hill Mem Park 613Cedar Hill Mem Park 614Grandview Cemetery 614Grandview Cemetery 614Grandview Cemetery 614Grandview Cemetery 614Grandview Cemetery 614Grandview Cemetery 617Lafayee Memorial Park 617Lafayee Memorial Park 617Lafayee Memorial Park 617Lafayee Memorial Park 618Sylvan Hghts/Mt View Cem 618Sylvan Hghts/Mt View Cem 618Sylvan Hghts/Mt View Cem 618Sylvan Hghts/Mt View Cem 693Charers Cemetery 693Charers Cemetery 693Charers Cemetery 693Charers Cemetery 693Charers Cemetery 693Charers Cemetery 693Charers Cemetery 693Charers Cemetery 693Charers Cemetery 693Charers Cemetery 693Charers Cemetery 705Laurelwood Cemetery 705Laurelwood Cemetery 705Laurelwood Cemetery 705Laurelwood Cemetery 705Laurelwood Cemetery Description PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA ASSET-TYPE-7 EQUIP EQUIP CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP CMEQ CMEQO CMEQO CMEQO EQUIP EQUIP CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP CMEQ CMEQO EQUIP EQUIP CAPLEASE CAPLEASE EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ EQUIP EQUIP Asset 13216 14244 3702 4770 4773 14094 14232 14342 14343 2008 2988 2989 3758 3759 3763 3766 3767 3768 3772 4378 7899 8758 9789 13951 9277 5708 5710 5711 11744 13984 8953 9238 10400 13564 13953 14552 6048 5738 11227 12087 13695 14661 14283 14356 2965 3029 3030 3690 4934 5193 6010 10918 10919 13708 14346 4870 4937 7886 11530 12749 Tag Number 20273 13214 13449 13452 A1-23850 13408 10583 10584 13412 13413 13417 13420 13421 13422 13426 15131 862900 51943 AI-24276 19607 2853 85107 10527 10668 10669 13195 15121 14572 15167 N3098 JJG0279075 John Deere JD Z930M 60" Lowering Device ACCT #15451 BANDIT CHIPPER LOWERING DEVICE BACKHOE BT65 Bomag Tamper serial#10154 Lowering Device w/grass set A1 5x8 Ulity Trailer for Pressu Pressure Washer SN 18-12557 Mausoleum Li Trimmer & String Casket Cart/Stand casket carrage AIR COMPRESSOR PRESSURE WASHER NEW HOLLAND 1920 TRACTOR Poll Pruner TAMPER Lowering Device Riding Mower 12x24 Trailer and Shed John Deere 310G Backhoe BACKHOE HAMMER Tamper serial#101541327560 New Tamper Wacker Gas Tamper John Deere 310G Backhoe Tractor/Ford 1710 2011 Grass cuer John Deere 9 Bomag Tamper serial#1015413276 Exmark Mower 862900 Tractor/Loader Kubota M59TLB Trac Vac Leaf Blower Tamper serial#101541327609 Imperial Casket Lwrng Device Grave Tamper Ingersoll Rand Air Compressor 2014 John Deere 310K Backhoe Hiniker 8.5' Snow plow 2003 Case 580SM - Tractor (580 2013 Case 580SN VIN 8107 2 in 1 Low Boy Maus Li Lowering Device W/grass set A1 Back Hoe 3 Rivers Tractor Tampers spreader & sling for backhoe backhoe/new holland Riding Mower Backhoe-Model 580m2T SCAG 61 Rider Mower Lowering Device Lowering Device Tandem Trailer 9990 GVW Lowering Device A/C COMPRESSOR Lawn Mower repair (drive sha Tamper Mahindra 4530 2001 Case 580 SM Backhoe 3 Digit # Name State 705Laurelwood Cemetery 705Laurelwood Cemetery 705Laurelwood Cemetery 705Laurelwood Cemetery 727Forest Lawn Gardens 36 Newport Memorial Park 36 Newport Memorial Park 36 Newport Memorial Park 36 Newport Memorial Park 36 Newport Memorial Park 36 Newport Memorial Park 36 Newport Memorial Park 36 Newport Memorial Park 236Frederick Memorial Chapel 236Frederick Memorial Chapel 236Frederick Memorial Chapel 236Frederick Memorial Chapel 236Frederick Memorial Chapel 236Frederick Memorial Chapel 236Frederick Memorial Chapel 236Frederick Memorial Chapel 236Frederick Memorial Chapel 237Graceland East Mem Park 237Graceland East Mem Park 237Graceland East Mem Park 237Graceland East Mem Park 237Graceland East Mem Park 237Graceland East Mem Park 237Graceland East Mem Park 237Graceland East Mem Park 237Graceland East Mem Park 347Graceland Cemetery West 347Graceland Cemetery West 347Graceland Cemetery West 347Graceland Cemetery West 347Graceland Cemetery West 347Graceland Cemetery West 347Graceland Cemetery West 347Graceland Cemetery West 347Graceland Cemetery West 347Graceland Cemetery West 348Good Shepherd Mem Park 348Good Shepherd Mem Park 348Good Shepherd Mem Park 348Good Shepherd Mem Park 348Good Shepherd Mem Park 348Good Shepherd Mem Park 348Good Shepherd Mem Park 348Good Shepherd Mem Park 348Good Shepherd Mem Park 348Good Shepherd Mem Park 349Springhill Mem Gardens 349Springhill Mem Gardens 349Springhill Mem Gardens 349Springhill Mem Gardens 349Springhill Mem Gardens 350Forest Lawn Cemetery 350Forest Lawn Cemetery 350Forest Lawn Cemetery 350Forest Lawn Cemetery PA PA PA PA PA RI RI RI RI RI RI RI RI SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC SC ASSET-TYPE-7 EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP CMEQ CMEQO CMEQO EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQO EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQO CMEQO EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQO CMEQO CMEQO CMEQO CMEQO CMEQO EQUIP EQUIP CMEQ CMEQ CMEQO CMEQO EQUIP CMEQ CMEQO CMEQO CMEQO Asset Tag Number Description 31101237 11566 11568 11571 14481 21296 VDQ11 3124 20297150 16580 AM-16487 570BS502 80644 USMN2607LD 11211 54329 20297151 11529 12100 12254 13977 9378 3247 3249 3252 4856 5252 6594 7828 11284 9814 8087 8264 13277 11005 11127 11974 12541 13377 8721 7211 13257 13304 9984 11274 12838 12863 13809 8584 8089 8101 12068 12719 13258 10171 11275 12654 12658 7857 8274 5636 7205 7236 8105 8108 8110 10406 12543 7605 7858 8141 8144 11007 7906 7159 7203 8171 Snow thrower Frigid CM Lowering Device Husqvarna 580 BT Blower Bomag Tamper serial#1015413276 New Backhoe TRACTOR TAMPER VAULT SLING/LOWERING DEVICE NEW HOLLAND BACKHOE SNOW BLOWER Mower Mower Backhoe Bucket 60 MOWER Backhoe Bucket Backhoe 2016 Mahindra Tractor Ex Mark Bagger LZ5749EKC724 Mower Frigid lowering device Wacker Neuson Rammer BS50-2 9 Casket Space Temporary Stora Holland B95 Tractor backhoe-engine replacement John Deere HP4G 2016 JD 2032 Tractor Lowering device 6' Plugger 8 Level Low Boy Casket Li SK Master Lowering Device Wacker Neuson BS50-2 Jumping J Bush Hog Gas/Diesel Tank Welder Case 580N Backhoe Mahindra 4530 John Deere HP4G Revoluon Lowering Device MS690 Tamper Imperial 5502S Lowering Device Pronovost 5 ton dump trailer Kawasaki Mower 72" Superior Device Case 580M Backhoe John Deere Tractor Dumptrailer Air Compressor Gas/Diesel Tank-500 Gallon Mausoleum Li-Joey Jr Ex Mark Mower Wacker Neuson Rammer BS50-2 New Holland Tractor Kawasaki Mower 72" Tamper-Mikasa Fountain Pump 20' Storage container Wacker Tamp LG 29-3600 Dump Trailer Backhoe-Case 580L Vault Loader 3 Digit # Name State 350Forest Lawn Cemetery 350Forest Lawn Cemetery 350Forest Lawn Cemetery 350Forest Lawn Cemetery 350Forest Lawn Cemetery 352Whispering Pines Mem Grd 352Whispering Pines Mem Grd 121Forest Hill Cem East 121Forest Hill Cem East 121Forest Hill Cem East 121Forest Hill Cem East 121Forest Hill Cem East 121Forest Hill Cem East 121Forest Hill Cem East 121Forest Hill Cem East 121Forest Hill Cem East 121Forest Hill Cem East 121Forest Hill Cem East 121Forest Hill Cem East 122Forest Hill Cem South 122Forest Hill Cem South 122Forest Hill Cem South 122Forest Hill Cem South 122Forest Hill Cem South 122Forest Hill Cem South 122Forest Hill Cem South 122Forest Hill Cem South 122Forest Hill Cem South 122Forest Hill Cem South 122Forest Hill Cem South 122Forest Hill Cem South 122Forest Hill Cem South 122Forest Hill Cem South 123Forest Hill Cem Midtown 123Forest Hill Cem Midtown 123Forest Hill Cem Midtown 123Forest Hill Cem Midtown 123Forest Hill Cem Midtown 123Forest Hill Cem Midtown 123Forest Hill Cem Midtown 123Forest Hill Cem Midtown 123Forest Hill Cem Midtown 123Forest Hill Cem Midtown 123Forest Hill Cem Midtown 238Memorial Park Southwood 238Memorial Park Southwood 238Memorial Park Southwood 238Memorial Park Southwood 238Memorial Park Southwood 238Memorial Park Southwood 238Memorial Park Southwood 238Memorial Park Southwood 238Memorial Park Southwood 238Memorial Park Southwood 238Memorial Park Southwood 238Memorial Park Southwood 238Memorial Park Southwood 238Memorial Park Southwood 238Memorial Park Southwood 238Memorial Park Southwood SC SC SC SC SC SC SC TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN ASSET-TYPE-7 EQUIP EQUIP EQUIP EQUIP EQUIP CMEQO CMEQO CAPLEASE CAPLEASE CAPLEASE EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQO EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CAPLEASE CAPLEASE CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CAPLEASE CAPLEASE CAPLEASE CMEQ CMEQO CMEQO CMEQO CMEQO CMEQO CMEQO CMEQO EQUIP EQUIP EQUIP EQUIP EQUIP Asset Tag Number Description 13972 10411 11129 12086 13265 8187 8189 14681 14694 14695 10724 14428 10627 11482 11483 11960 11962 14237 14554 9634 11056 10310 10628 11217 11487 11963 11964 11966 11967 11968 11969 13815 13961 14680 14689 8356 11488 11489 11970 12053 12054 12055 12056 12415 14663 14690 14691 7611 7146 7149 7151 7152 7153 7154 13170 10731 10429 11975 11976 11978 54327 27208 16747 80091 11111 11111 52033 MVJJ105121 56382 48014 4690 N2648/70202 79469 56379 2214 24350045 80092 11111 56383 47614 500192357 1756 11111 11111 52012 2212 Bush Hog 160 S/N114172000018 Ex Mark Mower LZE740EKC604 Mower Frigid CM Lowering Device Ulity Trailer Laminator Mausoleum Li 2019 John Deere WBM VIN 80091 2019 J Deere 4044M VIN 11111 2019 J Deere HPX615E VIN 11111 Kubota M59TLB Loader JD 4044M Ulity Tractor Backhoe Forks Wacker Neuson 4 cycle rammer Dump Trailer Liing Device SK Master lowering device Lowering Device ImperialCasketLoweringDevice New Holland Backhoe Model 555E Mahindra Tractor w/ loader 2010 Bri-Mar Dump Trailer Backhoe Forks SS Lowering Device Wacker Neuson 4 cycle rammer Liing device Dump trailer Holland mobile stand Holland mobile stand SK Master lowering device SK Master lowering device BS 50-21 Rammer Tamper BS 50-4As Rammer serial#243501 2019 John Deere WBM VIN 80092 2019 J Deere 4044M VIN 11111 John Deere 310 Backhoe Wacker Neuson 4 cycle rammer Dump Trailer Liing device Holland Carrier mobile stand Holland Carrier mobile stand 4901 SK Lowering Device 4901 SK Lowering Device Pruning saw 2016 New Holland B95C VIN01756 2019 J Deere HPX615E VIN 11111 2019 J Deere 4044M VIN 11111 5502c Imperial Lowering Device Tractor backhoe 10 filing cabinets 6 Desks Monument Display 3 air condioners 2 200 Gallon Diesel/Gas Tanks Kubota M59TLB Loader Kubota Forks Liing device Holland dump trailer SK Master lowering device 3 Digit # 238Memorial Park Southwood 238Memorial Park Southwood 239Northridge Woodhaven Cem 239Northridge Woodhaven Cem 239Northridge Woodhaven Cem 239Northridge Woodhaven Cem 239Northridge Woodhaven Cem 239Northridge Woodhaven Cem 239Northridge Woodhaven Cem 239Northridge Woodhaven Cem 239Northridge Woodhaven Cem 239Northridge Woodhaven Cem 239Northridge Woodhaven Cem 239Northridge Woodhaven Cem 239Northridge Woodhaven Cem 239Northridge Woodhaven Cem 240Woodhaven Memorial Garden 355Highland Memorial Gardens 355Highland Memorial Gardens 355Highland Memorial Gardens 355Highland Memorial Gardens 355Highland Memorial Gardens 355Highland Memorial Gardens 355Highland Memorial Gardens 355Highland Memorial Gardens 355Highland Memorial Gardens 355Highland Memorial Gardens 355Highland Memorial Gardens 355Highland Memorial Gardens 355Highland Memorial Gardens 355Highland Memorial Gardens 355Highland Memorial Gardens 355Highland Memorial Gardens 355Highland Memorial Gardens 356Ridgecrest Cemetery 356Ridgecrest Cemetery 356Ridgecrest Cemetery 356Ridgecrest Cemetery 356Ridgecrest Cemetery 356Ridgecrest Cemetery 356Ridgecrest Cemetery 356Ridgecrest Cemetery 356Ridgecrest Cemetery 356Ridgecrest Cemetery 356Ridgecrest Cemetery 607Lakewood Mem Grdns East 607Lakewood Mem Grdns East 607Lakewood Mem Grdns East 607Lakewood Mem Grdns East 607Lakewood Mem Grdns East 66 Shenandoah Memorial Park 66 Shenandoah Memorial Park 66 Shenandoah Memorial Park 66 Shenandoah Memorial Park 66 Shenandoah Memorial Park 66 Shenandoah Memorial Park 66 Shenandoah Memorial Park 66 Shenandoah Memorial Park 66 Shenandoah Memorial Park 66 Shenandoah Memorial Park Name TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN TN VA VA VA VA VA VA VA VA VA VA State EQUIP EQUIP CMEQ CMEQO CMEQO CMEQO CMEQO EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQO CMEQO CMEQO CMEQO CMEQO CMEQO CMEQO CMEQO CMEQO CMEQO CMEQO EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CAPLEASE CMEQ CMEQO CMEQO CMEQO EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP ASSET-TYPE-7 11979 13703 7630 6953 6957 6963 8231 10732 12060 10430 11495 11980 12063 12064 12065 12066 7163 8214 8215 8216 8219 8220 8221 8225 8226 9633 9637 13853 13854 11503 11985 11987 11988 13237 14725 9220 8217 8224 8227 13855 11131 11984 11989 11991 11992 11158 12232 12233 12494 13239 59 3105 3112 3918 5190 14295 9969 11140 13198 14744 Description Tag Number Asset SK Master lowering device SN# 24351558 Rammer BS50-2 (Gas Tamper) Lowering Device Light Fixtures Dirt Trailer Tractor 2 200 Gallon Diesel/Gas Tanks 52013Kubota M59TLB Loader 73729Mahindra 4530 Tractor Kubota Forks 58411Wacker Neuson 4 cycle rammer Liing device Holland Carrier mobile stand Holland Carrier mobile stand 4901 SK Lowering Device 4901 SK Lowering Device Buchman Scissors Li 2 Lowering Devices Pole pruner Hydro 30" Scissors Li John Deere 970 Tractor 2-cycle Sll Trimmer 2 3.5 HP 2" Water Pumps 25 Gallon Air Compressor 2 2yd Hydro Dump Trailers 4689New Holland Backhoe Model 555E 9345New Holland Backhoe Model 6990 1668John Deere 3038E Tractor 51534John Deere 930M Ztrak Wacker Neuson 4 cycle rammer Liing device SK Master lowering device SK Master lowering device Dump Trailer 753892019 JD Z930M Ztrak VIN 75389 Tractor/Loader Stone 2-cycle Tamper JOhn Deere 1110 Ford Backhoe 2 2-cycle Echo leaf Blowers 29190John Deere D160 Loader 48960LZE740EKC604 Mower 2204Dump trailer Liing device SK Master lowering device SK Master lowering device 2780Mahindra 45.0 w/loader SK Master Lowering Device Holland Heavy Duty Dump Traile 24215504BS50-2I Rammer Dump Trailer 10187Jimmy Cox - Big Tex Trailer 11053FRIGID LOWERING DEVICE 110601999 BRI MAR DUMP TRAILER 13875Kubota Tractor Backhoe-Case Model 580m2T LJJ104845JD Compact Ul Tractor 4044M Lowering device 48948LZE740EKC604 Mower ExMark 60" Mower WackerEarthTamper BS50-2 3 Digit # Name State ASSET-TYPE-7 Asset Tag Number Description 66 Shenandoah Memorial Park 67 Sunset Memorial 67 Sunset Memorial 67 Sunset Memorial 67 Sunset Memorial 67 Sunset Memorial 68 Oak Hill Cemetery 68 Oak Hill Cemetery 68 Oak Hill Cemetery 68 Oak Hill Cemetery 69 Laurel Hill Memorial Park 69 Laurel Hill Memorial Park 69 Laurel Hill Memorial Park 69 Laurel Hill Memorial Park 69 Laurel Hill Memorial Park 69 Laurel Hill Memorial Park 69 Laurel Hill Memorial Park 69 Laurel Hill Memorial Park 120 Southlawn Memorial Park 120 Southlawn Memorial Park 120 Southlawn Memorial Park 120 Southlawn Memorial Park 180 Powell Valley Memorial 180 Powell Valley Memorial 180 Powell Valley Memorial 180 Powell Valley Memorial 180 Powell Valley Memorial 180 Powell Valley Memorial 180 Powell Valley Memorial 180 Powell Valley Memorial 180 Powell Valley Memorial 180 Powell Valley Memorial 180 Powell Valley Memorial 180 Powell Valley Memorial 244 Rosewood Gardens 244 Rosewood Gardens 244 Rosewood Gardens 244 Rosewood Gardens 244 Rosewood Gardens 244 Rosewood Gardens 244 Rosewood Gardens 254 Clinch Valley Cemetery 254 Clinch Valley Cemetery 254 Clinch Valley Cemetery 254 Clinch Valley Cemetery 254 Clinch Valley Cemetery 254 Clinch Valley Cemetery 254 Clinch Valley Cemetery 254 Clinch Valley Cemetery 254 Clinch Valley Cemetery 254 Clinch Valley Cemetery 254 Clinch Valley Cemetery 255 Greenwood Memorial Garden 255 Greenwood Memorial Garden 255 Greenwood Memorial Garden 255 Greenwood Memorial Garden 255 Greenwood Memorial Garden 255 Greenwood Memorial Garden 255 Greenwood Memorial Garden 255 Greenwood Memorial Garden VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA EQUIP CMEQ CMEQ CMEQ EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP CMEQO EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP 14745 3097 5191 9334 14334 14780 2823 3115 4084 5469 1112 2786 3268 3269 3915 8838 10323 10791 9392 10929 9970 12084 3139 3140 4334 4342 5420 5864 10574 10407 10576 10883 12673 13200 2791 2799 3318 4162 5353 6201 9303 11757 11758 11759 11760 11761 11762 11764 11765 11395 14308 14352 3929 7815 11766 11767 11769 11770 11771 11773 Frigid SS CasketLowrngDevice 11029LEAF BLOWER TRACTOR & EQUIPMENT 6289Tractor/Loader 6289 Lowering device Aeon Casket Carriage 10193Honda EM 3500 Generator 11078John Deere 770 Tractor 14345Lowering Device Case 580M Backhoe 12007Case 580L Backhoe 10016VAULT SLINGS 11785LOWERING DEVICE 11786LEAF BLOWERS 13871JOHN DEERE 870 TRACTOR #40 Forks 11874Tractor with 72" Bucket 88831Dump Trailer Cemetery Equip 52116M59TLB Tractor 15x15 Vista top roll around 77884PF48 Pallet Forks 11161Weedwackers (3) 11162CASKET TRUCK 15018SL Backhoe Loader 15058TAMPER LOWERING DEVICE & STRAPS 17 Gal Yellow Safety Cabinet 54330Ex Mark Mower PF48 Tractor Forks SS Lowering device Exmark Lazer 60 ExMark 60" Mower 10030MONU-CAD System 10063NH LB75 Backhoe 12041Lowering Device 14551ExMark Mower 60" Deck VAULT LOWERING DEVICE VAULT SLING W/CABLES New Holland trctr w loader 25x24 Metal Building Kio Tractor DK45 2002 yr Kio Tractor 3054 2003 yr John Deere walkbehind Dump trailer Exmark LazerZ mower 2014 Kubota 2005 Backhoe L48 16219Lazer mower Imperial Lowering Device Frigid Lowering Device 13900Bucket for Backhoe Scagg Mower by Kohler 1998 Ford Tractor 2011 New Holland 3040 Boom 2000 Exmark Lazer Z mower 2002 John Deere Gator 1997 John deere Tractor 2 lowering devices T-N2684 L-69Mahindra 4530 tractor w/ loade John Deere zeroturn z930a 2012 3 Digit # Name State ASSET-TYPE-7 Asset 255Greenwood Memorial Garden 255Greenwood Memorial Garden 256Sunset Memorial Park 256Sunset Memorial Park 256Sunset Memorial Park 256Sunset Memorial Park 256Sunset Memorial Park 256Sunset Memorial Park 256Sunset Memorial Park 256Sunset Memorial Park 256Sunset Memorial Park 258Altavista Memorial Park 258Altavista Memorial Park 258Altavista Memorial Park 258Altavista Memorial Park 258Altavista Memorial Park 258Altavista Memorial Park 274Henry Memorial Park 274Henry Memorial Park 274Henry Memorial Park 275Rose Lawn Cemetery 275Rose Lawn Cemetery 275Rose Lawn Cemetery 275Rose Lawn Cemetery 275Rose Lawn Cemetery 275Rose Lawn Cemetery 275Rose Lawn Cemetery 275Rose Lawn Cemetery 275Rose Lawn Cemetery 275Rose Lawn Cemetery 275Rose Lawn Cemetery 276Mt Rose Cemetery 276Mt Rose Cemetery 276Mt Rose Cemetery 282Panorama Memorial Gardens 282Panorama Memorial Gardens 282Panorama Memorial Gardens 282Panorama Memorial Gardens 282Panorama Memorial Gardens 282Panorama Memorial Gardens 282Panorama Memorial Gardens 282Panorama Memorial Gardens 282Panorama Memorial Gardens 282Panorama Memorial Gardens 282Panorama Memorial Gardens 282Panorama Memorial Gardens 283Evergreen Memorial Garden 283Evergreen Memorial Garden 284Hillcrest Memory Gardens 284Hillcrest Memory Gardens 284Hillcrest Memory Gardens 284Hillcrest Memory Gardens 284Hillcrest Memory Gardens 284Hillcrest Memory Gardens 300Juniata Memorial Park 300Juniata Memorial Park 300Juniata Memorial Park 300Juniata Memorial Park 300Juniata Memorial Park 300Juniata Memorial Park VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA EQUIP EQUIP CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP CMEQ CMEQ EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP CMEQ CMEQ EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ Description 13193 13194 4271 11397 11399 11398 11423 11498 11532 11533 12474 1208 3344 3345 3795 3808 10423 3493 9304 14734 2883 3320 3336 4145 4415 5188 5318 5384 6045 13204 14762 3495 8934 14612 3103 3535 3537 3538 3543 4409 7819 7820 9815 13207 14756 14757 3541 3542 3545 10105 11148 13208 14735 14770 3385 3386 3392 3393 4322 4346 14874 71920 51904 74379 11049 12131 12141 12142 13519 13553 12542 10354 12043 12098 14519 15205 12544 SN922402 11051 12677 12679 12680 12693 15182 12683 12692 12704 70603 48949 12255 12256 12262 12263 14989 15065 Tag Number ExMark 60" Mower ExMark 60" Mower JOHN DEERE 935 TRACTOR Mahindra 4530 Tractor M59TLB Tractor Pallet Forks Maus li Pronovist pping trailer Lowering device Lowering device Countyline Rotary Cuer 6 Ft TRAILER FOR LOWERING DEVICE HEAT PUMP HEAT PUMP Backhoe Clark Mauoleum Li Part 2 Well Water Pump John Deere #3100 E Backhoe new Holland Tractor w/ loader 2012 Kawasaki Mule 4000 Shl FS 55 Weedeaters TAMPER MT 60H weed eater & leaf blower LAZER 27HP MOWER Exmark Lazer Z 27HP 60" Cut Backhoe-Model 580m series VAULT POWER EQUIP-DUMP TRAILER Fridgid Fluid Lowering Device Power Pruner ExMark 60" Mower Frigid CM StainS Imperial Dev EXMARK LASER SE130787 MOWER EX Mark Mower Wacker Earth Tamper BS 50-2 HONDA WATER PUMP 285 PETRO-HOPPER TANKS Lowering Devices BUCKET TRACTOR/LAWNMOWER Riding Mower Scagg Mower by Kohler-#2 Scagg Mower by Kohler-#1 60 MOWER ExMark 60" Mower Wacker Earth Tamper BS 50-2 Frigid CM StainS Imperial Dev TRACTOR/MOWER/LOADER BACKHOE TRACTOR Backhoe LZE740EKC604 Mower ExMark 60" Mower WackerEarthTamper BS50-2 Frigid CM StainS Imperial Dev GRASS TRIMMER BACKHOE LOADER BACKHOE BUCKET AIR COMPRESSOR HYDRAULIC PUMP TRACTOR HYDRAULICS & SWING POS Tag Number Description 3 Digit # Name 300Juniata Memorial Park 300Juniata Memorial Park 300Juniata Memorial Park 300Juniata Memorial Park 300Juniata Memorial Park 300Juniata Memorial Park 300Juniata Memorial Park 300Juniata Memorial Park 300Juniata Memorial Park 300Juniata Memorial Park 302Sunset Memorial Park 302Sunset Memorial Park 302Sunset Memorial Park 302Sunset Memorial Park 302Sunset Memorial Park 302Sunset Memorial Park 302Sunset Memorial Park 302Sunset Memorial Park 302Sunset Memorial Park 302Sunset Memorial Park 302Sunset Memorial Park 302Sunset Memorial Park 302Sunset Memorial Park 302Sunset Memorial Park 302Sunset Memorial Park 302Sunset Memorial Park 302Sunset Memorial Park 302Sunset Memorial Park 302Sunset Memorial Park 399Roselawn Burial Park 399Roselawn Burial Park 399Roselawn Burial Park 399Roselawn Burial Park 399Roselawn Burial Park 399Roselawn Burial Park 399Roselawn Burial Park 399Roselawn Burial Park 399Roselawn Burial Park 399Roselawn Burial Park 399Roselawn Burial Park 430Augusta Memorial Park 430Augusta Memorial Park 430Augusta Memorial Park 430Augusta Memorial Park 430Augusta Memorial Park 430Augusta Memorial Park 430Augusta Memorial Park 430Augusta Memorial Park 430Augusta Memorial Park 430Augusta Memorial Park 430Augusta Memorial Park 430Augusta Memorial Park 430Augusta Memorial Park 430Augusta Memorial Park 430Augusta Memorial Park 430Augusta Memorial Park 430Augusta Memorial Park 430Augusta Memorial Park 431Alleghany Memorial Park 431Alleghany Memorial Park VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA State CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ ASSET-TYPE-7 4358 5609 8956 12832 13794 9993 10413 12419 13215 13937 2935 3498 3499 3501 3508 4032 4236 4367 5180 5218 5229 5337 5502 6595 8942 9185 9364 11142 13827 3486 3490 3496 5865 8051 8873 8874 9556 10458 14778 14779 2795 2945 3568 4168 4290 4300 4329 5184 5243 5280 5790 7818 8881 9809 14298 14299 13209 14525 3569 4096 Asset 15091 922303 25NHH00148 TO310EX88658 54344 20275 10449 12571 12572 12574 12581 14191 14778 15117 889471 27223 12535 12539 12545 EA21556 3287 9197 64390 INV113863 INV113863 10043 10475 12764 14557 14907 14935 15009 JT062674 JT062342 12786 14386 FS110 Trimmer w/loop handle BACKHOE FORKS ExMark Mower 922303 HST Tractor 2006 Backhoe Loader 310EX Lowering device Ex Mark Mower Frost Remover John Deere JD Z930M 60" Tamper serial#101541327563 TAMPER TRIMMERS CASKET ROLLERS 45 GALLON YELLOW CABINET CASKET LIFT KOHLER MWER LAZER Z EXQLZ23LR6 LASERJET 2200 D PRINTER Riding Mower CASE 580MSERIES LOADER/BACKHOE NH COMPACT TRACTOR 2005 PJ DUMP TRAILER TRAKMAT FOR VAULT INSTALL Lowering Device Backhoe Repair Mower Tractor Load Trailer LZE740EKC604 Mower Exmark Lazer Z SN#400103173 MAUSOLEUM LIFT TANKS REM.& INST.NEW GAS TANK Imperial lowering device Shl BR600 Leaf Blower 2009 Ford F450 Dump Truck Lowering Device Backhoe 2012 Load Trailer Mahindra model 4530 tractor LoweringDeviceFromHollandSply LoweringDeviceFromHollandSply SCHAGG MOWER X-MARK MOWER AIR COMPRESSOR SNOW PLOW IMPERIAL DEVICE 5'rake aachment for tractor 4 x 8 Tilt Trailer Case Backhoe New Holland Compact Tractor Honda Power Washer Lowering Device Scagg Mower by Kohler Superior Lowering Device 60 MOWER JD Z930M ZTRAK 1TC930MCE JD Z930M ZTRAK 1TC930MCK ExMark 60" Mower 3HP 4 cyc Vibrator Rammer w/Ho TILTBEL HWY TRAILER Backhoe LB75B 3 Digit # Name State 431Alleghany Memorial Park 431Alleghany Memorial Park 431Alleghany Memorial Park 431Alleghany Memorial Park 431Alleghany Memorial Park 431Alleghany Memorial Park 431Alleghany Memorial Park 431Alleghany Memorial Park 431Alleghany Memorial Park 431Alleghany Memorial Park 431Alleghany Memorial Park 431Alleghany Memorial Park 449Oaklawn Maus Memory Gds 449Oaklawn Maus Memory Gds 449Oaklawn Maus Memory Gds 449Oaklawn Maus Memory Gds 449Oaklawn Maus Memory Gds 449Oaklawn Maus Memory Gds 449Oaklawn Maus Memory Gds 449Oaklawn Maus Memory Gds 449Oaklawn Maus Memory Gds 449Oaklawn Maus Memory Gds 449Oaklawn Maus Memory Gds 449Oaklawn Maus Memory Gds 449Oaklawn Maus Memory Gds 449Oaklawn Maus Memory Gds 449Oaklawn Maus Memory Gds 473Forest Lawn Cemetery 473Forest Lawn Cemetery 473Forest Lawn Cemetery 473Forest Lawn Cemetery 473Forest Lawn Cemetery 473Forest Lawn Cemetery 473Forest Lawn Cemetery 473Forest Lawn Cemetery 473Forest Lawn Cemetery 473Forest Lawn Cemetery 473Forest Lawn Cemetery 473Forest Lawn Cemetery 473Forest Lawn Cemetery 473Forest Lawn Cemetery 473Forest Lawn Cemetery 473Forest Lawn Cemetery 473Forest Lawn Cemetery 492Birchlawn Burial Park 492Birchlawn Burial Park 492Birchlawn Burial Park 492Birchlawn Burial Park 492Birchlawn Burial Park 492Birchlawn Burial Park 499Russell Memorial Cemetery 499Russell Memorial Cemetery 499Russell Memorial Cemetery 499Russell Memorial Cemetery 499Russell Memorial Cemetery 499Russell Memorial Cemetery 499Russell Memorial Cemetery 499Russell Memorial Cemetery 499Russell Memorial Cemetery 499Russell Memorial Cemetery VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA ASSET-TYPE-7 CMEQ Asset CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ 4275 4407 5266 8931 10932 14300 10544 10933 11012 11526 13828 14553 2863 2904 2974 3709 3710 5187 5311 6153 6559 9516 10044 10839 13212 14397 14526 10893 10894 10895 10898 10899 10900 10901 10902 10904 10734 11066 14354 10735 12399 13745 14763 14764 3822 3825 6505 7875 9816 13830 2981 2983 3722 3723 3725 3728 3931 4302 4303 4357 Tag Number 14879 15180 SN922238 N2828/71926 HT060364 71225 10254 10403 10551 13231 13232 10730 52153 57009 13606 13609 10558 10560 13256 13257 13259 13262 13906 14938 14939 15089 Description Honda Power Washer 2.5 GPM Kobato Mower WACKER BS524 TAMPER EX Mark Mower Mahindra 4530 Tractor with Loa JD Z930M ZTRAK 1TC930MCA Honda 2" water pump PF48 Pallet Forks Pucke Single Axle Dump Cart Lowering device Exmark Lazer Z SN#400103225 Wacker Earth Tamper BS 50-2 EX MARK MOWER XMARK MOWER W/DECK STIHL HEDGE CLIPPER 36" Backhoe Bucket JOHN DEERE 770 TRACTOR 2005 Case 580 Backhoe 2006 STORAGE TRAILER Imperial Lowering Device Kubota L3430 Loader Imperial SS w/ Straps Backhoe forks Provonost trailer ExMark 60" Mower Imperial Lowering Device Wacker Earth Tamper BS 50-2 New Holland T1510 Tractor/Lein water trailer tanks, pump, hos Lower device 3 - IMP5502SK John Deere gator 6 wheel gas u Holland Ulity Tractor 4 wd d mower hustler 60" model 10X5 Dump Trailer lowering device 05 Case 580 Backhoe Mahindra 4530 tractor/loader Kubota M59TLB JD 310L Loader Backhoe Product Tractor Forks 2014 Load Trailer Casket Lowering Device Frigid CM StainS Imperial Dev Frigid CM StainS Imperial Dev LOWERING DEVICE CASKET TRUCK FOR MAUSOLEUM Kohler Mower 96 JD Bckhoe/Engine 60 MOWER Exmark Lazer Z SN#400103169 Solid Waste Container Lowering Device Vault Sling & Chain Saw STORAGE CABINET 4134024 sod liers/tree spades Russell Mem'l Off Bldg Constru X Mark 23 HP 60 Cut Rock Drill #5091 43 SN 392510 Sullair Compressor Tamper RV-5 #1326 3 Digit # Name 499Russell Memorial Cemetery 499Russell Memorial Cemetery 499Russell Memorial Cemetery 499Russell Memorial Cemetery 499Russell Memorial Cemetery 499Russell Memorial Cemetery 499Russell Memorial Cemetery 499Russell Memorial Cemetery 499Russell Memorial Cemetery 499Russell Memorial Cemetery 499Russell Memorial Cemetery 499Russell Memorial Cemetery 591Roosevelt Meml Park 591Roosevelt Meml Park 591Roosevelt Meml Park 591Roosevelt Meml Park 591Roosevelt Meml Park 591Roosevelt Meml Park 591Roosevelt Meml Park 591Roosevelt Meml Park 591Roosevelt Meml Park 591Roosevelt Meml Park 591Roosevelt Meml Park 591Roosevelt Meml Park 591Roosevelt Meml Park 591Roosevelt Meml Park 591Roosevelt Meml Park 591Roosevelt Meml Park 591Roosevelt Meml Park 591Roosevelt Meml Park 591Roosevelt Meml Park 591Roosevelt Meml Park 591Roosevelt Meml Park 591Roosevelt Meml Park 596Briarwood Memorial Garden 596Briarwood Memorial Garden 596Briarwood Memorial Garden 596Briarwood Memorial Garden 596Briarwood Memorial Garden 597Virginia Memorial Park 597Virginia Memorial Park 597Virginia Memorial Park 597Virginia Memorial Park 597Virginia Memorial Park 597Virginia Memorial Park 597Virginia Memorial Park 597Virginia Memorial Park 597Virginia Memorial Park 598Fort Hill Memorial Park 598Fort Hill Memorial Park 598Fort Hill Memorial Park 598Fort Hill Memorial Park 598Fort Hill Memorial Park 598Fort Hill Memorial Park 598Fort Hill Memorial Park 598Fort Hill Memorial Park 598Fort Hill Memorial Park 598Fort Hill Memorial Park 598Fort Hill Memorial Park 653Old Dominion Meml Grdns Description State VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA ASSET-TYPE-7 CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP CMEQ Asset 4413 4444 5162 5497 5769 6043 7902 8932 11174 9983 12621 13213 2800 3787 3792 3893 4186 4250 4421 5207 5213 6517 6555 7610 7826 8007 8462 8877 8878 8882 13764 11098 13095 14613 2054 3343 3796 3801 3812 3007 3799 3807 6516 7817 10575 10577 10840 14702 2081 3802 3818 3820 3907 6036 9302 11172 9985 11173 14618 3012 Tag Number 15194 16019 SN92233 2831 75995 10064 13498 13503 13840 14613 14823 15222 502SN 13517 12140 13520 13525 13557 10627 13523 13552 10648 11034600 13562 13526 13583 13585 13860 2802 74377 10638 X Mark 27HP 72" Cut Lawn Mower Husgrana Saw, Dump Trailer USED ROCK DRILL ATSCOP90 LINDSEY AIR HAMMER Casket Lowering Device Shl Back Pack Blower Cat #416 Backhoe 14" EX Mark Mower Mahindra 4530 w/ loader Lowering device 2015 Load Trailer ExMark 60" Mower BACKHOE FORKS Cyclone Mower Deck Clark Mausoleum Li LOWERING DEVICE Stnds/Aprns(6) DRAPE WRAP FOR LOWERING DEVICE Exmark Mower HYDRAULIC PUMP FOR MOWER 2005 PJ DUMP TRAILOR NH TC40 COMPACT TRACTOR NH B95 Backhoe NH TC35A Tractor NH 36" Used Bucket Vault Lowering Device Imperial SS Lowering Device 2009 DUMP TRAILER XXX74541 Superior Lowering Device John Deere 310SG NH Ulity Tractor Repairs to Backhoe- Asset # 8 Imperial Lowering Device TJ Vault Lowering Device Imperial casket lwring device STORAGE TANK-500 GAL Case 580 Backhoe Gas & Diesel Tanks storage cabinet 1998 DUMP TRAILER Frigid Lowering Device JOHN DEERE SNOW PLOW Clark Mausoleum Li Part 1 Case 580L Backhoe Scagg Mower by kohler Mahindra 4530 tractor w/ loade PF48 Tractor Forks Provonost trailer Wacker Neuson BS 50-4 AS BACKHOE 416 CAT 1998 DUMP TRAILER 1998 DUMP TRAILER NEW TRACTOR & MOWER-ORDER GRAVELY MOWER Scag 61 Rider 26 Kawa Mower 2011 Load Trailor Tilt Gate Mahindra 4530 Lowering device Pallet Forks Frigid CM StainS Imperial Dev Kubota Tractor 3 Digit # Name State ASSET-TYPE-7 653Old Dominion Meml Grdns 653Old Dominion Meml Grdns 653Old Dominion Meml Grdns 653Old Dominion Meml Grdns 653Old Dominion Meml Grdns 654Temple Hill Memorial Park 654Temple Hill Memorial Park 654Temple Hill Memorial Park 654Temple Hill Memorial Park 654Temple Hill Memorial Park 654Temple Hill Memorial Park 654Temple Hill Memorial Park 654Temple Hill Memorial Park 654Temple Hill Memorial Park 654Temple Hill Memorial Park 654Temple Hill Memorial Park 654Temple Hill Memorial Park 654Temple Hill Memorial Park 745Crestview Memorial Park 745Crestview Memorial Park 745Crestview Memorial Park 745Crestview Memorial Park 745Crestview Memorial Park 745Crestview Memorial Park 745Crestview Memorial Park 745Crestview Memorial Park 745Crestview Memorial Park 519Glenview Memorial Gardens 519Glenview Memorial Gardens 521Greenlawn Memorial Park 521Greenlawn Memorial Park 521Greenlawn Memorial Park 521Greenlawn Memorial Park 521Greenlawn Memorial Park 521Greenlawn Memorial Park 521Greenlawn Memorial Park 522Highland Memory Gardens 522Highland Memory Gardens 522Highland Memory Gardens 522Highland Memory Gardens 522Highland Memory Gardens 522Highland Memory Gardens 522Highland Memory Gardens 523Knollwood Memorial Park 523Knollwood Memorial Park 523Knollwood Memorial Park 523Knollwood Memorial Park 523Knollwood Memorial Park 523Knollwood Memorial Park 523Knollwood Memorial Park 523Knollwood Memorial Park 524Ledgeview Memorial Park 524Ledgeview Memorial Park 525Lincoln Memorial Cemetery 525Lincoln Memorial Cemetery 525Lincoln Memorial Cemetery 525Lincoln Memorial Cemetery 526Milton Lawns Mem Park 526Milton Lawns Mem Park 526Milton Lawns Mem Park VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA WI WI WI WI WI WI WI WI WI WI WI WI WI WI WI WI WI WI WI WI WI WI WI WI WI WI WI WI WI WI WI WI WI CMEQ CMEQ CMEQ CMEQ EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CAPLEASE CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP CAPLEASE EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP Tag Number Asset 3828 4385 5194 7816 11144 3831 4079 4393 6085 6086 6151 10457 10194 10409 11013 11145 11146 14542 3035 3038 3927 3928 4056 4414 8879 14301 11396 13365 13579 8917 13774 13775 13339 13340 13776 13777 14752 6346 13857 13858 13363 13366 14747 14676 13778 13859 13341 13342 13343 13354 13364 13860 13344 13345 13355 13779 13780 13781 13861 14438 13619 15140 27209 13631 14334 15151 65115 88832 54269 16459 48977 10687 10690 13898 13899 14265 15201 JT064247 16222 1019836 54190 54193 11111 51737 9100642 53994 24331572 24328708 54281 LJJG334390 Description Mikasa Tamper Ex-Marc Riding Mower CASE 580 BACKHOE Scagg Mower by kohler LZE740EKC604 Mower Lowering Device Concrete Breaker X Mark Kobuta Riding Mower Fridig Fluid Lowering Device Case Backhoe Water Pressure Washer Mahindra model 4530 tractor BriMar Dump Wagon Ex Mark Mower Superior Lowering Device LZE740EKC604 Mower LZE740EKC604 Mower Wacker Earth Tamper BS 50-2 INTEK 205 WATER PUMP COMMERCIAL 72 MOWER DECK AIR COMPRESSOR, CHNSW, TRMR Ford NH tractor 1920 lowering device 6'X10' dump trailer John Deere 310SG JD Z930M ZTRAK 1TC930MCC Lazer mower Versa 6 FT trailer Burial Equipment X-Mark Zero Turn Mower Repair John Deere 3033R Ulity Tract John Deere HPX4 Gator #5502 SK Lowering Device Holland Carrier/Mobile Stand John Deere Snowblower John Deere H165 Loader 2019 J Deere Gator 01019836 JD Backhoe 310A John Deere 930M Ztrak John Deere 930M Ztrak 4901 SK Lowering Device Versa 6 FT trailer Western 7.5' HTS Snow Plow 2019 J Deere Z960M VIN 11111 John Deere 3033R Ulity Tract John Deere 960M Ztrak Lawnmower - exp $800 snowblowe #5502 SK Lowering Device Holland Carrier/Mobile Stand Bursh Buster Rotary Mower BS50-2 Wacker John Deere 930M Ztrak 2016 Wacker Rammer BS50-2 #5502 SK Lowering Device BS50-2I Jumping Jack John Deere Snowblower John Deere H165 Loader John Deere HPX4 Gator John Deere 930M Ztrak JD 310L Loader Backhoe 3 Digit # Name State ASSET-TYPE-7 Asset Tag Number Description 526Milton Lawns Mem Park 527Roselawn Memorial Park 527Roselawn Memorial Park 527Roselawn Memorial Park 530VALHALLA MEMORIAL PARK 530VALHALLA MEMORIAL PARK 530VALHALLA MEMORIAL PARK 530VALHALLA MEMORIAL PARK 531Roselawn Memory Gardens 531Roselawn Memory Gardens 534SUNSET MEMORY GARDENS 534SUNSET MEMORY GARDENS 534SUNSET MEMORY GARDENS 535MORMON COULEE MEM PARK 535MORMON COULEE MEM PARK 535MORMON COULEE MEM PARK 535MORMON COULEE MEM PARK 138Parkview Memorial Park 138Parkview Memorial Park 138Parkview Memorial Park 138Parkview Memorial Park 138Parkview Memorial Park 138Parkview Memorial Park 138Parkview Memorial Park 139Grandview Memorial Park 139Grandview Memorial Park 139Grandview Memorial Park 139Grandview Memorial Park 139Grandview Memorial Park 139Grandview Memorial Park 139Grandview Memorial Park 139Grandview Memorial Park 139Grandview Memorial Park 139Grandview Memorial Park 140Shadow Lawn Memory Gdns 140Shadow Lawn Memory Gdns 140Shadow Lawn Memory Gdns 141Highland Hills Memorial 141Highland Hills Memorial 141Highland Hills Memorial 141Highland Hills Memorial 141Highland Hills Memorial 141Highland Hills Memorial 141Highland Hills Memorial 141Highland Hills Memorial 142Halcyon Hill Memorial Gdn 142Halcyon Hill Memorial Gdn 142Halcyon Hill Memorial Gdn 142Halcyon Hill Memorial Gdn 142Halcyon Hill Memorial Gdn 142Halcyon Hill Memorial Gdn 142Halcyon Hill Memorial Gdn 142Halcyon Hill Memorial Gdn 142Halcyon Hill Memorial Gdn 142Halcyon Hill Memorial Gdn 142Halcyon Hill Memorial Gdn 172Beverly Hills 172Beverly Hills 172Beverly Hills 172Beverly Hills WI WI WI WI WI WI WI WI WI WI WI WI WI WI WI WI WI WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CAPLEASE CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP CAPLEASE CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP CMEQ CMEQ EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP CAPLEASE CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP CAPLEASE CMEQ CMEQ CMEQ 13580 13782 14439 13581 13276 13346 13347 13348 13367 13582 13862 13368 13583 14511 13369 13584 14512 14686 3271 3272 4185 4254 10421 14124 14687 3276 3278 3279 7717 7905 8941 10793 12407 14058 3282 3292 10420 3281 3287 3291 3625 3944 6012 9187 10419 13647 2877 3296 3298 3299 3300 3301 3302 4144 12676 14125 14684 408 3076 3083 LLJG334797 487 54097 90004 11811 11812 14608 14835 90018 11843 11845 11846 922357 52126/A2164/ 11536 11870 11926 11869 11921 11925 12966 13931 1054 10338 11948 11950 11951 11952 11953 11954 14512 315637617 90015 10920 10928 10935 Burial Equipment John Deere HPX4 Gator JD 310L Loader Backhoe Burial Equipment 2016 Mahindra Tractor 6 Level Low Boy Casket Li #5502 SK Lowering Device Holland Carrier/Mobile Stand Versa 6 FT trailer Burial Equipment John Deere 930M Ztrak Versa 6 FT trailer Burial Equipment John Deere Gator 2P (XUV825M Versa 6 FT trailer Burial Equipment SnowEx Light Duty Snow Plow (7 2019 John Deere WBM VIN 90004 MAUSOLEUM LIFT LOWERING DEVICE MOWER Backhoe Bucket Ex Mark Mower Bomag BT60 Tamper 2019 John Deere WBM VIN 90018 MAUSOLEUM LIFT CREMATION UNIT MARBLE BENCH John Deere Tractor Lowering Device Mower Kubota M59TLB tractor/backhoe KB1536 Backhoe Bucket Bomag BT60 Tamper CABINET & CANS FOR WASTE DISP LARGE CP CHIPPER VAC Ex Mark Mower MOWER CEMETERY EQUIP LOWERING DEVICE MAUSOLEUM LIFT EXMARK LAWN TRACTOR NW HOLLAND BACKHOE LB90 310516 SCAG 61 Rider Mower B5600212 Tractor Ex Mark Mower 2016 Mahindra 5555 -Backhoe w New Welder BUCKET FOR BACHOE TRACTOR CUST02801 FRONT BLADE DEWEEZE ATM - 72 MOWER backhoe Lawn Mower 4600 serial tractor MDL#925008 Exmark Lazer 60 Bomag BT60 Tamper 2019 John Deere WBM VIN 90015 WEED TRIMMER MAUSOLEUM LIFT Dump Wagons Description 3 Digit # 172Beverly Hills 172Beverly Hills 172Beverly Hills 172Beverly Hills 172Beverly Hills 172Beverly Hills 173Floral Hills Memorial Gdn 173Floral Hills Memorial Gdn 173Floral Hills Memorial Gdn 173Floral Hills Memorial Gdn 173Floral Hills Memorial Gdn 173Floral Hills Memorial Gdn 173Floral Hills Memorial Gdn 173Floral Hills Memorial Gdn 173Floral Hills Memorial Gdn 173Floral Hills Memorial Gdn 173Floral Hills Memorial Gdn 173Floral Hills Memorial Gdn 173Floral Hills Memorial Gdn 173Floral Hills Memorial Gdn 173Floral Hills Memorial Gdn 173Floral Hills Memorial Gdn 176Montgomery Memorial Park 176Montgomery Memorial Park 176Montgomery Memorial Park 176Montgomery Memorial Park 176Montgomery Memorial Park 176Montgomery Memorial Park 176Montgomery Memorial Park 176Montgomery Memorial Park 176Montgomery Memorial Park 176Montgomery Memorial Park 176Montgomery Memorial Park 176Montgomery Memorial Park 177Pineview Cemetery 177Pineview Cemetery 177Pineview Cemetery 177Pineview Cemetery 177Pineview Cemetery 177Pineview Cemetery 177Pineview Cemetery 177Pineview Cemetery 178Restlawn Memorial Gardens 178Restlawn Memorial Gardens 178Restlawn Memorial Gardens 178Restlawn Memorial Gardens 179White Chapel Memorial Gdn 179White Chapel Memorial Gdn 179White Chapel Memorial Gdn 179White Chapel Memorial Gdn 179White Chapel Memorial Gdn 179White Chapel Memorial Gdn 181Floral Hills Gdn Of Mem 181Floral Hills Gdn Of Mem 181Floral Hills Gdn Of Mem 181Floral Hills Gdn Of Mem 181Floral Hills Gdn Of Mem 181Floral Hills Gdn Of Mem 181Floral Hills Gdn Of Mem 181Floral Hills Gdn Of Mem Name WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV State ASSET-TYPE-7 CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP CAPLEASE CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP CMEQ CMEQ CMEQ EQUIP CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ Asset 3947 4026 4365 5219 11139 11413 14688 362 2808 2810 3065 3959 4034 4095 4429 5182 5300 5372 11308 10189 12687 14429 592 4228 4279 5177 6119 7884 8368 9362 11154 11310 12620 14432 3201 3205 4397 5214 5227 5654 11521 14434 3124 3172 8497 10110 430 4396 8940 10512 14333 14430 3027 3192 3193 3194 3196 4428 5576 5770 13935 14158 15115 16464 80083 10861 10158 10160 10880 13968 14193 14382 15242 N2807 315637599 PID1353646 11173 14743 14884 16109 10128 USMN-3091 PID1353642 11417 11421 15157 52429 PID1353645 11105 11276 51886 10952 15156 2213 PID1353647 10661 11360 11361 11362 11364 15241 Tag Number BACKHOE PUMP 77028426 BACKHOE Riding Mower NH COMPACT TRACTOR LZE740EKC604 Mower Wacker 2019 John Deere WBM VIN 80083 ELECTRO DUMP TRAILER LIFT LAWNTRIMMER MAUSOLEUM LIFT TAMPER 03-41425 TRAILER FOR CASKETS Air Compressor Pump for well VAULT INSTALLATION EQUIP POWER WASHER CHAIN SAW Mahindra 4530 Tractor Lowering Device 5502SK Exmark Lazer 60 Bomag BT 65 Tamper LAWN MOWER MAJOR REPAIRS FORK FOR BACKHOE Engine for Mower BACKHOE Trimmer Tractor & Mower F250 Trimmer Lowering Device Takeuchi TB145 Extractor Kubota F2690 mower Mahindra 4530 Bomag BT 65 Tamper TRIMMER TRIMMER Riding Mower NH COMPACT TRACTOR 2005 PJ DUMP TRAILER Exmark MK604 Mower M59TLB Loader Bomag BT 65 Tamper Riding Mower MAUSOLEUM LIFT Heat Pump M59 Tractor Mausoleum Li Riding Mower Mower Mahindra 4530 Tractor Lowering device Bomag BT 65 Tamper LOADERBACKHOE TRAILER CEMETERY EQUIPMENT Weed Wacker DIRT/BUGGY/TIRE MONARCH HYDRAULIC UNIT Lowering device GRAVE TAMPER Lowering Device Tag Number Description 3 Digit # Name 181Floral Hills Gdn Of Mem 182Highland Memory Gardens 182Highland Memory Gardens 182Highland Memory Gardens 182Highland Memory Gardens 182Highland Memory Gardens 182Highland Memory Gardens 182Highland Memory Gardens 182Highland Memory Gardens 183Jackson County Memorial 183Jackson County Memorial 183Jackson County Memorial 184Palm Memorial Gardens 184Palm Memorial Gardens 184Palm Memorial Gardens 184Palm Memorial Gardens 184Palm Memorial Gardens 184Palm Memorial Gardens 184Palm Memorial Gardens 185Resthaven Memorial Park 185Resthaven Memorial Park 185Resthaven Memorial Park 185Resthaven Memorial Park 185Resthaven Memorial Park 185Resthaven Memorial Park 185Resthaven Memorial Park 185Resthaven Memorial Park 187Woodlawn Memorial Park 187Woodlawn Memorial Park 187Woodlawn Memorial Park 187Woodlawn Memorial Park 187Woodlawn Memorial Park 187Woodlawn Memorial Park 187Woodlawn Memorial Park 187Woodlawn Memorial Park 187Woodlawn Memorial Park 187Woodlawn Memorial Park 187Woodlawn Memorial Park 187Woodlawn Memorial Park 187Woodlawn Memorial Park 187Woodlawn Memorial Park 187Woodlawn Memorial Park 187Woodlawn Memorial Park 187Woodlawn Memorial Park 187Woodlawn Memorial Park 187Woodlawn Memorial Park 187Woodlawn Memorial Park 188Roselawn Memorial Gardens 188Roselawn Memorial Gardens 188Roselawn Memorial Gardens 188Roselawn Memorial Gardens 188Roselawn Memorial Gardens 188Roselawn Memorial Gardens 257Valley View Mem Park 257Valley View Mem Park 257Valley View Mem Park 257Valley View Mem Park 257Valley View Mem Park 257Valley View Mem Park 257Valley View Mem Park WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV State EQUIP CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ ASSET-TYPE-7 Asset SN AM-16668 14322 2652 10248 52428 11096 11381 13782 10237 14607 14944 15148 PID1353643 10199 10201 11104 15146 232872 10230 11244 11245 11247 11248 11250 11251 11254 11256 13788 14664 14821 14982 15127 36701 16592 27222 315637612 11331 11334 7065 10370 10371 12171 12173 12305 13569 4074 5175 10788 11309 11520 12554 12597 13199 3199 3875 12675 2847 4184 4304 4390 5573 6349 14433 2828 2830 3123 4389 5354 8982 10005 12674 2842 3159 3160 3162 3163 3165 3166 3169 3171 3879 4206 4248 4317 4375 6087 10112 10326 11141 12645 13202 3187 3190 5217 8370 8479 8872 2890 2891 3351 3353 3404 5212 7537 Lowering Device Burial Equipme CASKET LOWERING DEVICE VAULT LOADER Mahindra 4530 4WD tractor Kubota F2690 mower M59TLB Tractor Mahindra 6530 8 Ton Tipping Trailer ExMark 60" Mower MAUSOLEUM LIFT FORD TRACTOR Exmark Lazer 60 SCISSORLIFT MOWER Heat Pump replacement (flood) Riding Mower Casket Lowering Device Case Backhoe Bomag BT 65 Tamper Rotary bush Cuer Scisser li YANMAN TRACTOR 3300 Riding Mower 10" TAMPER WACKER Backhoe Air Hammer Mower - confirm SN 36 Inch Mower MAUSOLEUM LIFT MOWER GS 25 TRACTOR ENGINE LAWN MOWER CASKET LOWER DEVICE JOHN DEERE 316 Trimmers ENGINE FOR LAWN MOWER LAWN MOWER HT-20 6058298 Drive sha for Lazer Z Mower weed eaters Lowering device Riding Mower Hydro Pump Compressor Tamper LZE740EKC604 Mower Exmark Lazer 60 ExMark 60" Mower LOWERING DEVICE TAMPES MT 80 NH COMPACT TRACTOR Black dump trailer FABRICATED STEEL BOX Backhoe Scissors Li GT-31 Hedge Trimmer TRIMMER LOWERING DEVICE LOWERING DEVICE NH COMPACT TRACTOR Air Compressor Tag Number Description 3 Digit # Name State 257Valley View Mem Park 257Valley View Mem Park 257Valley View Mem Park 339Forest Memorial Park 339Forest Memorial Park 339Forest Memorial Park 339Forest Memorial Park 339Forest Memorial Park 339Forest Memorial Park 340Spring Valley Memory Gdns 340Spring Valley Memory Gdns 340Spring Valley Memory Gdns 340Spring Valley Memory Gdns 340Spring Valley Memory Gdns 341Forest Lawn Memorial Gdns 341Forest Lawn Memorial Gdns 341Forest Lawn Memorial Gdns 341Forest Lawn Memorial Gdns 342Fairview Memorial Gardens 342Fairview Memorial Gardens 343Grandview Memorial Park 343Grandview Memorial Park 343Grandview Memorial Park 343Grandview Memorial Park 343Grandview Memorial Park 343Grandview Memorial Park 343Grandview Memorial Park 343Grandview Memorial Park 345West Virginia Meml Grdn 345West Virginia Meml Grdn 345West Virginia Meml Grdn 345West Virginia Meml Grdn 345West Virginia Meml Grdn 346Rockbridge Memorial Grdn 346Rockbridge Memorial Grdn 346Rockbridge Memorial Grdn 346Rockbridge Memorial Grdn 346Rockbridge Memorial Grdn 346Rockbridge Memorial Grdn 346Rockbridge Memorial Grdn 346Rockbridge Memorial Grdn 346Rockbridge Memorial Grdn 346Rockbridge Memorial Grdn 346Rockbridge Memorial Grdn 346Rockbridge Memorial Grdn 346Rockbridge Memorial Grdn 511Evergreen Cemetery North 511Evergreen Cemetery North 511Evergreen Cemetery North 511Evergreen Cemetery North 511Evergreen Cemetery North 511Evergreen Cemetery North 511Evergreen Cemetery North 511Evergreen Cemetery North 511Evergreen Cemetery North 511Evergreen Cemetery North 511Evergreen Cemetery North 511Evergreen Cemetery North 511Evergreen Cemetery North 511Evergreen Cemetery North WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV EQUIP EQUIP EQUIP CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CAPLEASE CAPLEASE CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP ASSET-TYPE-7 12555 13205 14435 2900 4391 10794 12556 13967 14436 442 3405 10325 13206 14437 3410 3411 4070 5807 14699 14700 1349 3417 3419 4327 5656 9828 10412 12408 3426 3428 3429 4224 11011 3433 3435 3436 3437 3439 3442 3446 3567 4374 8930 10115 14517 14518 2991 3777 3779 3956 4122 4170 4257 4318 4366 9184 10797 10190 10408 12013 Asset USMN-3002 PID1353639 10389 15149 52125/A2156/ 43 PID1353640 10964 12306 PID1353641 12318 12319 14302 32943 32944 12348 12352 12354 15005 51462 54342 BT2916 12376 12378 12379 14738 12406 12408 12409 12410 12412 12415 12419 12763 15126 10597 13473 13475 13959 14443 14561 14841 14983 15116 2653 54339 Mahindra 4530 ExMark 60" Mower Bomag BT 65 Tamper CASKET LIFT Riding Mower Kubota M59TLB tractor/backhoe Hudson HSE 18 trailer Lowering Device serial#AI-2351 Bomag BT 65 Tamper BACKHOE/LOADER-300D JOHN DEERE JOHN DEERE TOWER 5502SK Lowering Device ExMark 60" Mower Bomag BT 65 Tamper SCISSOR LIFT LOWERING DEVICE Bucket fot Backhoe Backhoe Engine 2019 Spartan RT Pro VIN 32943 2019 Spartan RT Pro VIN 32944 HEAT PUMP LOWERING DEVICE SAFETY CAN STORAGE CABINET New lowering device Exmark Mower KUBOTA TRACTOR Ex Mark Mower KA1422 Backhoe Bucket 48G PC-TRSH RCPT-CT SCISSOR LIFT SCISSOR LIFT HOLLAND BACKHOE Bucket Forks POWER WASHER MOWER DECK Case 580 E Backhoe KUBOTA TRACTORS (2) IMPERIAL DEVICE WELDER LOWERING DEVICE JOHN DEERE TRACTOR Kubota Mower w/deck Ex-Mark Mower 922356 Dump Trailer 3HP 4 cyc Vibrator Rammer w/Ho Frigid CM StainS Imp Casket Lo KUBATA TRACTOR POWER WASHER & 4 CHAINSAWS EX-CELLL 500 WATT GENERATOR SHINDAWA TRIMMER WATER PUMP BRADCO 509 BACKHOE Rebuilt transmission backhoe Tamper for dirt Riding Mower Tractor Mahindra 4530 4WD tractor Lowering Device 5502SK Ex Mark Mower WT2286 Wacker 3 Digit # Name 511Evergreen Cemetery North 512Evergreen Cemetery South 664Kanawha Valley Mem Garden 664Kanawha Valley Mem Garden 664Kanawha Valley Mem Garden 664Kanawha Valley Mem Garden 664Kanawha Valley Mem Garden 664Kanawha Valley Mem Garden 664Kanawha Valley Mem Garden 664Kanawha Valley Mem Garden 664Kanawha Valley Mem Garden 685Sunset Memorial Park 685Sunset Memorial Park 685Sunset Memorial Park 685Sunset Memorial Park 685Sunset Memorial Park 685Sunset Memorial Park 685Sunset Memorial Park 685Sunset Memorial Park 685Sunset Memorial Park 685Sunset Memorial Park 685Sunset Memorial Park 685Sunset Memorial Park WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV State EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ CMEQ EQUIP EQUIP EQUIP EQUIP EQUIP ASSET-TYPE-7 Asset Description 12683 6362 5211 7551 7552 7553 10461 10188 12666 13826 14442 3843 4181 4368 5178 5774 8369 8943 10513 10336 11147 12684 13217 Tag Number 40EKC60400 36699 19882 PID1353644 13654 14604 15118 872399 2335 16462 315616057 Exmark Lazer 60 Case Backhoe NH COMPACT TRACTOR Mausoleum Li Lowering Device Backhoe Doosan DC6699 Compressor Lowering Device 5502SK Exmark Lazer 60 Exmark Lazer Z SN#400103168 Bomag BT 65 Tamper AIR COMP, GAS & DIESEL TANK HEDGETRIMMER Riding Mower BACKHOE Lowering Device Tamper Mower Mahindra 4530 Tractor #5502SK Lowering Device LZE740EKC604 Mower Mower - confirm SN ExMark 60" Mower STONEMOR - MOON MSA SCHEDULE 3B (Vehicles) 3 Digit # Name State Unit # Model Description V IN 107Beth Israel Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 14 Cedar Hill Cemetery 25 Greenwood Cemetery 25 Greenwood Cemetery 30 Pleasant View Cemetery 30 Pleasant View Cemetery 36 Newport Memorial Park 36 Newport Memorial Park 66 Shenandoah Memorial Park 66 Shenandoah Memorial Park 67 Sunset Memorial Gardens 67 Sunset Memorial Gardens 67 Sunset Memorial Gardens 67 Sunset Memorial Gardens 68 Oak Hill Cemetery 107Beth Israel Cemetery 107Beth Israel Cemetery 107Beth Israel Cemetery 107Beth Israel Cemetery 107Beth Israel Cemetery 107Beth Israel Cemetery 107Beth Israel Cemetery 107Beth Israel Cemetery 107Beth Israel Cemetery 107Beth Israel Cemetery 107Beth Israel Cemetery 107Beth Israel Cemetery 107Beth Israel Cemetery 107Beth Israel Cemetery 107Beth Israel Cemetery 107Beth Israel Cemetery 107Beth Israel Cemetery 107Beth Israel Cemetery 107Beth Israel Cemetery 107Beth Israel Cemetery 107Beth Israel Cemetery 107Beth Israel Cemetery 107Beth Israel Cemetery 109Cloverleaf Cemetery 109Cloverleaf Cemetery 109Cloverleaf Cemetery 111Eastlawn Cemetery NJ MD MD MD MD PA PA PA PA PA PA RI RI VA VA VA VA VA VA VA NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ MO 010111862019 Chevrolet Equinox LS All-wheel Drive (1XX26) 010022862011 Ford Super Duty F-350 DRW 2WD Reg Cab WB CA (F3G) 010022872013 Ford Super Duty F-450 DRW 4WD Reg Cab WB CA (F4H) 010080552008 Ford E-150 Commercial Cargo Van (E14) 010165632019 John Deere 310EP - Backhoe / Loader (310 EP) 010022942012 Ford Super Duty F-250 SRW 4WD Reg Cab 137" (F2B) 010022952007 Ford F-150 2WD Reg Cab (F12) 010020301994 Ford F-350 Chassis Cab Reg Cab WB CA DRW 4WD (F38) 010020702000 Chevrolet C/K 3500 Reg Cab 135.5" WB 4WD DRW (CK31003) 010020802001 CHEVROLET VENTURE 4DR WAGON EXT (1UM16) 010021102007 Ford Super Duty F-450 DRW 4WD Reg Cab WB CA (F47) 010080562002 Ford F-450 Chassis 4x4 SD Regular Cab 141 in. WB DRW HD Heavy (F47) 010080721997 FORD F-150 REG. CAB 4X2 STYLE (F17) 009934332016 Chevrolet Silverado 1500 LS 4x4 Crew Cab 6.6 . box 153 in. WB (CK15743) 010020162005 Ford Super Duty F-450 DRW Crew Cab (F47) 010018422000 GMC Classic Sierra 3500 HD Reg Cab 159.5" WB C5B (TC31403) 010022851997 Ford F-350 Dump Truck (F47) 010022961998 Ford F-150 Reg Cab (F17) 010022981988 Chevrolet 1 Ton Chassis-Cabs Cab WB (R943-D) 010019741989 GMC 1 Ton Chassis-Cabs Reg Cab 131.5" WB (C30903) 010018441980 Chevrolet C-10 010018541998 GMC SIERRA 1500 REG CAB 131.5 (TC10903) 010018571998 GMC SIERRA 1500 REG CAB 131.5 (TC10903) 010019242012 Ford Super Duty F-650 Straight Frame Gas Reg Cab (F6H) 010021431987 Nissan King Cab 4WD SE (23817) 010021441980 GMC DUMP TRUCK 010021451988 Ford Trucks 010021721991 Ford Econoline Cargo Van E150 Super (S14) 010021732014 Ford F-150 2WD Reg Cab (F1C) 010021752002 FORD RANGER REG CAB P/U (R10) 010021781986 Chevrolet Pickup 010021811981 GMC Pickup 010021851998 GMC SIERRA 1500 REG CAB 131.5 (TC10903) 010021881982 Internaonal SCOUT II 010022112001 DODGE DAKOTA QUAD CAB 131" (AN1L84) 010022121987 Dodge Trucks W250 Sweptline 131" WB 4WD (D6L62) 010022141985 Ford Pickup (F60) 010022151997 Ford F-350 Dump Truck (F47) 010022172008 Ford Super Duty F-350 DRW 2WD Reg Cab WB CA (F36) 010022192002 FORD EXPLORER XLT 4DR WGN 4WD (U73) 010022231993 FORD F-150 PICKUP (2WD) (F15) 010022241992 FORD F-150 PICKUP (2WD) (F15) 010165652019 John Deere 310EP - Backhoe / Loader (310 EP) 010018532009 Ford Super Duty F-250 SRW 4WD SuperCab (X21) 010022132008 Ford Super Duty F-550 DRW 4WD Reg Cab WB CA (F57) 010022251996 Ford F-150 Reg Cab WB 010022261998 Ford Ranger Reg Cab (R10) 3GNAXSEVXKS583356 1FDRF3G65BEB26857 1FDUF4HY7DEA70052 1FTNE14WX8DA27643 1T0310ELHKG353465 1FTBF2B68CEC97384 1FTRF12217NA46976 2FDKF38MXRCA61440 1GBJK34R7YF404029 1GNDX03E81D253038 1FDXF47Y07EB04030 1FDXF47F12EC20540 1FTDF1723VNC79564 3GCUKNEC3GG262287 1FDXF47Y15EC02450 1GDKC34J6YF445979 1FDLF47G2VEB92937 1FTZF1728WNB23723 1GBHR34K9JJ120627 1GDHC34K5KE524768 CCM33AB1407960000 1GTEC14M0WZ851039 1GTEC14M7WZ851037 3FRNF6HP3CV483491 JN6HD16Y0HW003772 TCS616V572515 K80CVS11365 1FTES14N7MHB32918 1FTMF1CM8EKD78387 1FTYR10U72TA48243 1GBJC34M2GJ181850 1GDE6D1A5BV587896 1GTEC14M3WZ851035 1HTAA17E9CHA15438 1B7HL2AN215284740 1B7JW24TXHS356653 1FDNF60H5FVA30227 1FDPF70J7VVA33923 1FDWF36578ED99920 1FMDU73E22ZB46058 1FTDF15N4PLA52069 1FTEF15N2NNA31730 1T0310ELLKG353478 1FTSX21519EA05797 1FDAF57R28EA49747 1FTEF15YXTLB67297 1FTYR10U7WUB16136 3 Digit # Name State Unit # Model Description 112Rivermonte Cemetery 112Rivermonte Cemetery 112Rivermonte Cemetery 113White Chapel Cemetery 113White Chapel Cemetery 113White Chapel Cemetery 113White Chapel Cemetery 120Southlawn Memorial Park 121Forest Hills Cemetery-East 121Forest Hills Cemetery-East 121Forest Hills Cemetery-East 121Forest Hills Cemetery-East 121Forest Hills Cemetery-East 122Forest Hills Cemetery-South 123Forest Hills Cemetery-Midtown 123Forest Hills Cemetery-Midtown 123Forest Hills Cemetery-Midtown 124Sunset Memorial Park - MD 125Lee Memorial Park 125Lee Memorial Park 138Parkview Memorial Gardens 138Parkview Memorial Gardens 139Marion Hill 139Marion Hill 141Highland Hills Memorial 142Halycon Hill Memorial Garden 142Halycon Hill Memorial Garden 145Twin Hills Memorial Park 145Twin Hills Memorial Park 145Twin Hills Memorial Park 156Washington Naonal 156Washington Naonal 172Davis-Beverly Hills Cemetery 172Davis-Beverly Hills Cemetery 172Davis-Beverly Hills Cemetery 173Davis-Floral Hills Cemetery 173Davis-Floral Hills Cemetery 173Davis-Floral Hills Cemetery 176Woodlawn Memorial Park 176Montgomery Memorial Park 178Restlawn Memorial Gardens 178Restlawn Memorial Gardens 178Restlawn Memorial Gardens 182Sunset Memorial Park 182Sunset Memorial Park 184Cemetery Estates - Palm Mem. 185Resthaven Memorial Park 187Woodlawn Memorial Park 192Hill Crest Burial MO MO MO MO MO MO MO VA AL TN TN TN TN TN TN TN TN MD MS MS WV WV WV WV WV WV WV PA PA PA MD MD WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV WV MD 010022381999 CHEVROLET VENTURE 4DR EXT WB 120" (1UM16) 010022772004 Ford Super Duty F-350 DRW Reg Cab WB CA 4WD (F37) 010022792002 FORD F-150 SUPERCAB 4WD STYLE (X18) 010018411979 GMC Sierra 1500 010022301996 Cadillac Concours 010022311997 CHEVROLET C1500 REG CAB P/U 131.5" (CC10903) 010022392001 Chrysler Town & Country 4dr LX FWD (RSYH53) 010020171994 FORD F-150 PICKUP 2WD (F15) 010161392004 Ford F-150 Heritage XL 4x2 Regular Cab Styleside 6.5 . box 120 in. WB (F17) 009919982016 Chevrolet Silverado 1500 WT 4x2 Regular Cab 8 . box 133 in. WB (CC15903) 010192612019 John Deere Walk Behind Mower - Mower (WBM) 010193092019 John Deere 4044M - Compact Ulity Tractor (4044) 010193102019 John Deere HPX615E - Ulity Vehicle (HPX615E) 009919952016 Chevrolet Silverado 1500 WT 4x2 Regular Cab 8 . box 133 in. WB (CC15903) 009919972016 Chevrolet Silverado 1500 WT 4x2 Regular Cab 8 . box 133 in. WB (CC15903) 010192602019 John Deere Walk Behind Mower - Mower (WBM) 010193042019 John Deere 4044M - Compact Ulity Tractor (4044) 010023002000 Chevrolet C/K 3500 Crew Cab 4dr 154.5" WB 4WD DRW (CK30743) 010022432012 Ford Super Duty F-250 SRW 4WD SuperCab (X2B) 010050392006 GMC Sierra 3500 Chassis Work Truck 4x4 Regular Cab 137 in. WB DRW (TK36003) 010019881991 Dodge D350 & W350 W350 Cab/Chassis 135" DRW 4WD (AD7L63) 010077802017 Chevrolet Silverado 3500HD Chassis WT 4x4 Regular Cab 137.5 in. WB DRW (CK36003) 010192672019 John Deere Walk Behind Mower - Mower (WBM) 010192682019 John Deere Walk Behind Mower - Mower (WBM) 010019922013 Ford Super Duty F-550 DRW 4WD Reg Cab WB CA (F5H) 009923192016 Mahindra 5555 - Backhoe w Loader (5555) 010094442019 Chevrolet Equinox LS All-wheel Drive (1XX26) 010018752000 GMC Classic Sierra 3500 Reg Cab 135.5" WB 4WD DRW (TK31003) 010057272012 Ford F-250 XL 4x4 SD Regular Cab 8 . box 137 in. WB SRW (F2B) 010057282004 Ford E-350 Chassis Standard Cab SD 138 in. WB DRW (C35) 010022892002 Ford Super Duty F-450 DRW Reg Cab 4WD (F47) 010022932012 Ford Super Duty F-250 SRW 4WD Reg Cab 137" (F2B) 010077792017 Chevrolet Silverado 3500HD Chassis WT 4x4 Regular Cab 137.5 in. WB DRW (CK36003) 010192642019 John Deere Walk Behind Mower - Mower (WBM) 010192662019 John Deere Walk Behind Mower - Mower (WBM) 010019102012 Chevrolet Suburban 1500 LT 4x4 (CK10906) 010019372006 FORD F-350 SD REG DRW 4WD (F37) 010019452000 Ford Super Duty F-250 Supercab 4WD (X21) 010019422011 Ford Super Duty F-350 SRW 4WD Crew Cab (W3B) 010019512007 Chevrolet Silverado 3500 Chassis Classic Work Truck 4x4 Regular Cab 137 in. WB DRW (CK36003) 010018782012 Ford Super Duty F-550 DRW 4WD Reg Cab WB CA (F5H) 010019392005 Ford Super Duty F-450 DRW Crew Cab (F47) 010019601980 GMC DUMP TRUCK 010019902011 Ford Super Duty F-450 DRW 4WD Reg Cab WB CA (F4H) 010049162014 GMC Acadia SLT-1 All-wheel Drive (TV14526) 010019382001 Ford Super Duty F-450 Reg Cab (F46) 009952582016 Chevrolet Silverado 3500HD Chassis WT 4x4 Regular Cab 137.5 in. WB DRW (CK36003) 010019912012 Ford Super Duty F-450 DRW 4WD Reg Cab WB CA (F4H) 010022902005 Ford Super Duty F-450 DRW Crew Cab (F47) V IN 1GNDX03E6XD287066 1FDWF37S74EA75106 1FTRX18W62KC40341 TCL339J521858 1GBKC34J8TJ108910 1GCEC14W0VZ135872 2C4GP443X1R350250 1FTDF15Y4RNA00538 2FTRF17294CA69724 1GCNCNEH0GZ322491 1TCW48HLKHT080091 11111111111111111 11111111111111111 1GCNCNEH7GZ318888 1GCNCNEH3GZ322615 1TCW48HLHHT080092 11111111111111111 1GCHK33J8YF419693 1FT7X2B65CEB27549 1GDJK34U76E165600 1B6MM3689MS270265 1GB3KYCG1HZ239695 1TCW48HLPJT090018 1TCW48HLKHT080083 1FDUF5HTXDEA76647 S30TY1054 2GNAXSEV5K6150719 1GDJK34R3YF411857 1FTBF2B63CEA50578 1FDKF38G8PNA42872 1FDXF47F12EB56919 1FTBF2B66CEC97383 1GB3KYCG4HZ279124 1TCW48HLEJT090015 1TCW48HLPJT090004 1GNSKJE78CR256232 1FDWF37Y26EC84650 1FTNX21FXYEE32979 1FT8W3BT6BEB35774 1GBJK34U27E157799 1FDUF5HT0CEC86074 1FDXF47Y55EC02449 1GTDC14Z52F452783 1FDTF4HTXBEC71280 1GKKVRKD0EJ169939 1FDXF46S01EB06493 1GB3KYCG9GZ362336 1FDUF4HY2CEC62624 1FDXF47Y55EC02452 3 Digit # Name 200Huntsville Memory 201Tricies Memorial Gardens 201Tricies Memorial Gardens 201Tricies Memorial Gardens 201Tricies Memorial Gardens 210Memorial Park Cemetery 210Memorial Park Cemetery 210Memorial Park Cemetery 210Memorial Park Cemetery 210Memorial Park Cemetery 210Memorial Park Cemetery 212McHenry County Memorial park 213Windridge Memorial Park 213Windridge Memorial Park 216Highland Cemetery 216Highland Cemetery 217Riverview Cemetery 218Park lawn Cemetery & Mausoleum 219Joseph Valley Memorial Park 219Joseph Valley Memorial Park 219Joseph Valley Memorial Park 220Forest Lawn Memory Garden 220Valhalla Memory Gardens & Crematorium 220Valhalla Memory Gardens & Crematorium 221Forest Lawn Memorial Park 221Forest Lawn Memorial Park 223Memorial Park Sedalia 224Carolina biblical gardens 226York Memorial Park 226York Memorial Park 226York Memorial Park 227Forest Hills Memorial Gardens 227Forest Hills Memorial Gardens 227Forest Hills Memorial Gardens 228Crown Hill Memorial Park & Mausoleum 229Resthaven Memory Gardens 230West Memory Gardens 230West Memory Gardens 230West Memory Gardens 231Highland Memoral Park 231Highland Memoral Park 232Hillside Memorial Park 232Hillside Memorial Park 233Northlawn Memorial Garden & crematorium 233Northlawn Memorial Garden & crematorium 236Frederick Memorial Chapel 236Frederick Memorial Chapel 236Frederick Memorial Chapel 237Graceland East Memorial Park State AL AL AL AL AL IA IA IA IA IA IA IL IL IL IN IN IN IN IN IN IN IN IN IN KY KY MO NC NC NC NC OH OH OH OH OH OH OH OH OH OH OH OH OH OH SC SC SC SC Unit # Model Description 010169592015 GMC Sierra 2500HD Base 4x4 Double Cab 6.6 . box 144.2 in. WB (TK25753) 009909492015 Chevrolet Silverado 2500HD WT 4x4 Crew Cab 8 . box 167.7 in. WB (CK25943) 010018311999 CHEVROLET VENTURE 4DR EXT WB 120" (1UM16) 010169612012 Ford F-350 Chassis Lariat 4x2 SD Super Cab 162 in. WB DRW (X3G) 010192622019 John Deere Walk Behind Mower - Mower (WBM) 010016952004 FORD F-250 SD REG CAB SRW 4WD (F21) 010016962004 FORD F-250 SD REG CAB SRW 4WD (F21) 010016982002 Ponac Montana Front-wheel Drive Extended Passenger Van Small Van (2UM16) 010016992004 FORD F-150 HERITAGE REG STYLE (F18) 010089752019 Chevrolet Express 2500 Work Van Rear-wheel Drive Cargo Van (CG23405) 010146422018 John Deere 5055E - Ulity Tractor (5055E) 010045192000 FORD F-350 SD REG CHAS DRW 4WD (F37) 010016782006 Chevrolet Silverado 1500 Work Truck 4x4 Regular Cab 8 . box 133 in. WB (CK15903) 010017042008 Ford Super Duty F-350 DRW 4WD Reg Cab WB CA (F37) 009989562017 RAM 1500 SLT 4x4 Crew Cab 140 in. WB (DS6H98) 010016591996 Dodge Ram 3500 Chassis Cab WB, CA DRW 4WD 010016472000 Ford Super Duty F-250 Reg Cab 137" 4WD (F21) 010016372004 CHEVROLET SILVERADO 2500 REG 133" (CK25903) 010016152009 Dodge Ram 2500 SLT 4x4 Quad Cab 140.5 in. WB (DH7H41) 010016271987 Lincoln Town Car 4dr Sedan (M81) 010016352006 Chevrolet Silverado 3500 Chassis Work Truck 4x4 Regular Cab 137 in. WB DRW (CK36003) 010016582000 DODGE GRAND CARAVAN SE WAGON (NSKH53) 010019042005 Chevrolet Silverado 3500 Chassis Work Truck 4x4 Regular Cab 137 in. WB DRW (CK36003) 010024562009 Ford Super Duty F-550 DRW 4WD Reg Cab WB CA (F57) 010022712013 Chevrolet Tahoe LT 4x4 (CK10706) 010022821999 FORD F-250 SD REG CAB SRW 4WD (F21) 010022421997 Ford F-350 Chassis Cab Reg Cab WB, CA DRW 4WD (F38) 010022481993 Ford Ranger Supercab Styleside 125" WB (R14) 010092252012 Chevrolet Silverado 1500 LT 4x4 Crew Cab 5.75 . box 143.5 in. WB (CK10543) 010192632019 John Deere Walk Behind Mower - Mower (WBM) 010192652019 John Deere Walk Behind Mower - Mower (WBM) 010021682003 Chevrolet Silverado 3500 Chassis 4x4 Extended Cab 161.5 in. WB Heavy (CK36053) 010083062019 Chevrolet Equinox LS All-wheel Drive (1XX26) 010190622019 John Deere HPX615E - Ulity Vehicle (HPX615E) 010021512011 Ford Super Duty F-350 DRW 4WD Reg Cab WB CA (F3H) 010021672006 Chevrolet Silverado 3500 Chassis Work Truck 4x4 Regular Cab 137 in. WB DRW (CK36003) 010021181998 Dodge Ram BR3500 WB DRW 4WD (BR8L63) 010021711996 Chevrolet C/K 2500 HD Reg Cab 131.5" WB 4WD C6P 010023992001 Case 580SM - Backhoe Loader (580SM) 010021532000 FORD F-350 SD REG CHAS DRW 4WD (F37) 010021642003 FORD RANGER REG CAB P/U (R10) 010021192013 Toyota Sienna LE 7 Passenger 4dr All-wheel Drive Passenger Van (5366) 010021542005 FORD F-350 SD REG DRW 4WD (F37) 010021492000 Ford Super Duty F-550 Reg Cab WB 4WD (F57) 010025072014 Ford Super Duty F-250 SRW 4WD SuperCab (X2B) 010020421993 Ford Econoline Cargo Van E-250 Super (S24) 010020482003 Chevrolet Silverado 3500 Chassis 4x2 Extended Cab 161.5 in. WB Heavy (CC36053) 010021562005 Ford Super Duty F-450 DRW Crew Cab (F47) 009951712017 Chevrolet Express 2500 Work Van Rear-wheel Drive Cargo Van (CG23405) V IN 1GT22XEG7FZ143520 1GB1KUEG1FF650381 1GNDX03E1XD171564 1FD8X3G67CEB88870 1TCW48HLCHT080054 1FTNF21L14EB14087 1FTNF21LX4ED21092 1GMDX13EX2D280351 2FTRF182X4CA65681 1GCWGAFG0K1152020 11111111111111111 1FDWF37S5YEE28934 1GCEK14X86Z272734 1FDWF37Y88EB77735 3C6RR7LT6HG709512 1B6MF3650TJ109758 1FTNF21L9YED96033 1GCHK24U74E344486 3D7KS28T79G503195 1LNBM81F9HY705841 1GBJK34U76E239347 1B4GP44G8YB807176 1GBJK34UX5E260918 1FDAF57R89EB18488 1GNSKBE09DR346435 1FTNF21LXXED16804 3FEKF38GXVMA51169 1FTCR14A5PPA63298 1GCPKSE7XCF132937 1TCW48HLCHT080068 1TCW48HLVJT090008 1GBJK39U73E244357 3GNAXSEV8KS512740 11111111111111111 1FDRF3H64BEC03359 1GBJK34U66E237203 3B6MF3652WM234509 1GCGK24R1TE236922 222222222LLLLLLLL 1FDWF37L3YED86028 1FTYR10U73PB64763 5TDJK3DC1DS054639 1FDWF37YX5EB15944 1FDAF57F5YEA91335 1FT7X2B6XEEB75180 1FTFS24Y1PHB26069 1GBJC39U13E182287 1FDXF47Y35EC02451 1GCWGAFF7H1181806 3 Digit # Name State Unit # Model Description 237Graceland East Memorial Park 237Graceland East Memorial Park 238Southwoods Memorial Park 238Southwoods Memorial Park 238Southwoods Memorial Park 238Southwoods Memorial Park 238Southwoods Memorial Park 239Northridge Woodhaven Cemetery 248Floral Garden Park Cemetery 248Floral Garden Park Cemetery 249Montlawn Memorial Park 249Montlawn Memorial Park 250Mountlawn Memorial Park 251George Washington Cemetery 253Sunset Memorial Park 253Sunset Memorial Park 253Sunset Memorial Park 253Sunset Memorial Park 255Greenwood Memorial Gardens 256Sunset Memorial Park 275Roselawn Cemeteries 282Panorama Memorial Gardens 300Juniata Memorial Park 303All Saints Cemetery 304All Souls Cemetery 304All Souls Cemetery 305Calvary Cemetery 305Calvary Cemetery 305Calvary Cemetery 305Calvary Cemetery 307Holy Cross Cemetery 307Holy Cross Cemetery 307Holy Cross Cemetery 307Holy Cross Cemetery 307Holy Cross Cemetery 307Holy Cross Cemetery 307Holy Cross Cemetery 307Holy Cross Cemetery 309Holy Sepulchre Cemetery 309Holy Sepulchre Cemetery 309Holy Sepulchre Cemetery 309Holy Sepulchre Cemetery 309Holy Sepulchre Cemetery 309Holy Sepulchre Cemetery 309Holy Sepulchre Cemetery 309Holy Sepulchre Cemetery 310Immaculate Heart of Mary 311New Cathedral Cemetery 312Resurrecon Cemetery SC SC TN TN TN TN TN TN NC NC NC NC NC PA PA PA PA PA VA PA VA VA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA 010020432013 Ford F-150 2WD Reg Cab (F1C) 010093912014 Ford F-550 Chassis XL 4x4 SD Regular Cab 141 in. WB DRW (F5H) 009919782016 Chevrolet Silverado 2500HD WT 4x4 Double Cab 8 . box 158.1 in. WB (CK25953) 009920102016 Chevrolet Silverado 1500 WT 4x2 Regular Cab 8 . box 133 in. WB (CC15903) 010177722016 New Holland B95C ROPS RetroExcavator - Tractor (B95C) 010193052019 John Deere HPX615E - Ulity Vehicle (HPX615E) 010193062019 John Deere 4044M - Compact Ulity Tractor (4044) 009919962016 Chevrolet Silverado 1500 WT 4x2 Regular Cab 8 . box 133 in. WB (CC15903) 010016912011 Ford Super Duty F-250 SRW 4WD SuperCab (X2B) 010022522008 Ford F-150 2WD Reg Cab (F12) 009920032016 Chevrolet Silverado 1500 WT 4x2 Regular Cab 8 . box 133 in. WB (CC15903) 010193082019 John Deere HPX615E - Ulity Vehicle (HPX615E) 010038072018 Chevrolet Silverado 2500HD WT 4x4 Double Cab 8 . box 158.1 in. WB (CK25953) 010020612005 FORD F-250 SD REG CAB SRW 4WD (F21) 009971512015 John Deere 310K - Backhoe / Loader (310K) 010020572011 Ford F-150 2WD SuperCrew (W1C) 010056252015 Ford Super Duty F-550 DRW 4WD Reg Cab WB CA (F5H) 010056262005 Ford F-250 XL 4x4 SD Regular Cab 137 in. WB (F21) 010019732011 Chevrolet Silverado 1500 Work Truck 4x2 Regular Cab 8 . box 133 in. WB (CC10903) 010020212007 Ford F-150 2WD Reg Cab (F12) 010234562015 Ford F-350 XLT 4x4 SD Regular Cab 8 . box 137 in. WB SRW (F3B) 010020102007 Ford Super Duty F-550 DRW 4WD Reg Cab WB CA (F57) 010020741999 GMC Sierra 3500 Reg Cab 135.5" WB 4WD DRW (TK31003) 009960022006 John Deere 410G - Backhoe (410G) 010006492016 Chevrolet Silverado 3500HD WT 4x4 Regular Cab 133.6 in. WB DRW (CK35903) 010006642016 Chevrolet Silverado 2500HD WT 4x4 Regular Cab 8 . box 133.6 in. WB (CK25903) 010006432016 Chevrolet Silverado 3500HD WT 4x4 Regular Cab 133.6 in. WB DRW (CK35903) 010006562016 Chevrolet Silverado 3500HD WT 4x2 Regular Cab 133.6 in. WB DRW (CC35903) 010006612016 Chevrolet Silverado 2500HD WT 4x4 Regular Cab 8 . box 133.6 in. WB (CK25903) 010006742016 Chevrolet Silverado 2500HD WT 4x4 Regular Cab 8 . box 133.6 in. WB (CK25903) 010006452016 Chevrolet Silverado 3500HD WT 4x4 Regular Cab 133.6 in. WB DRW (CK35903) 010006532016 Chevrolet Silverado 3500HD WT 4x2 Regular Cab 133.6 in. WB DRW (CC35903) 010006592016 Chevrolet Silverado 3500HD WT 4x2 Regular Cab 133.6 in. WB DRW (CC35903) 010006732016 Chevrolet Silverado 2500HD WT 4x4 Regular Cab 8 . box 133.6 in. WB (CK25903) 010006762016 Chevrolet Silverado 2500HD WT 4x4 Regular Cab 8 . box 133.6 in. WB (CK25903) 010006782016 Chevrolet Silverado 2500HD WT 4x4 Regular Cab 8 . box 133.6 in. WB (CK25903) 010080741998 FORD E-350 SUPER CARGO VN 138" (S34) 010080852006 Ford F-250 XL 4x4 SD Regular Cab 137 in. WB SRW (F21) 010006472016 Chevrolet Silverado 3500HD WT 4x4 Regular Cab 133.6 in. WB DRW (CK35903) 010006522016 Chevrolet Silverado 3500HD WT 4x2 Regular Cab 133.6 in. WB DRW (CC35903) 010006542016 Chevrolet Silverado 3500HD WT 4x2 Regular Cab 133.6 in. WB DRW (CC35903) 010006622016 Chevrolet Silverado 2500HD WT 4x4 Regular Cab 8 . box 133.6 in. WB (CK25903) 010006702016 Chevrolet Silverado 2500HD WT 4x4 Regular Cab 8 . box 133.6 in. WB (CK25903) 010006712016 Chevrolet Silverado 2500HD WT 4x4 Regular Cab 8 . box 133.6 in. WB (CK25903) 010006752016 Chevrolet Silverado 2500HD WT 4x4 Regular Cab 8 . box 133.6 in. WB (CK25903) 010006772016 Chevrolet Silverado 2500HD WT 4x4 Regular Cab 8 . box 133.6 in. WB (CK25903) 010006582016 Chevrolet Silverado 3500HD WT 4x4 Regular Cab 133.6 in. WB DRW (CK35903) 010006412016 Chevrolet Silverado 3500HD WT 4x4 Regular Cab 133.6 in. WB DRW (CK35903) 010006402016 Dodge Grand Caravan AVP/SE Front-wheel Drive Passenger Van (RTKH53) V IN 1FTMF1CMXDKD99384 1FDUF5HY2EEA87364 1GC2KUEG8GZ322004 1GCNCNEH5GZ322924 NGHH01756 11111111111111111 11111111111111111 1GCNCNEH4GZ319660 1FT7X2B65BEC18464 1FTRF12W78KC27568 1GCNCNEH1GZ319065 1M0615EACKM020173 1GC2KUEG9JZ123289 1FTNF21585EA87778 1T0310KXEEE272121 1FTFW1CT9BFC25182 1FDUF5HY1FEC18558 1FTNF21535EA96324 1GCNCPE08BF179175 1FTRF122X7NA34101 1FDRF3H63FEA15678 1FDAF57Y67EB51574 1GDJK34R0XF087717 1T0410GX953149 1GB3KYCG8GZ169868 1GC0KUEG1GZ168338 1GB3KYCG6GZ169724 1GB3CYCG3GZ168866 1GC0KUEG7GZ169011 1GC0KUEG7GZ164245 1GB3KYCGXGZ168270 1GB3CYCG1GZ167523 1GB3CYCG0GZ169828 1GC0KUEG2GZ169238 1GC0KUEG9GZ168443 1GC0KUEG5GZ168441 1FTSE34L1WHA37424 1FTNF21586EB47429 1GB3KYCGXGZ169645 1GB3CYCG3GZ166891 1GB3CYCG9GZ166619 1GC0KUEG8GZ167607 1GC0KUEG5GZ168326 1GC0KUEG7GZ168716 1GC0KUEG7GZ169056 1GC0KUEG6GZ168352 1GB3KYCG9GZ167899 1GB3KYCG5GZ277154 2C4RDGBG0GR125515 3 Digit # Name State Unit # Model Description 312Resurrecon Cemetery 312Resurrecon Cemetery 312Resurrecon Cemetery 312Resurrecon Cemetery 312Resurrecon Cemetery 312Resurrecon Cemetery 312Resurrecon Cemetery 312Resurrecon Cemetery 312Resurrecon Cemetery 313St Peter and Paul Cemetery 313St Peter and Paul Cemetery 313St Peter and Paul Cemetery 313St Peter and Paul Cemetery 313St Peter and Paul Cemetery 313St Peter and Paul Cemetery 313St Peter and Paul Cemetery 313St Peter and Paul Cemetery 313St Peter and Paul Cemetery 313St Peter and Paul Cemetery 313St Peter and Paul Cemetery 313St Peter and Paul Cemetery 314St John Neumann Cemetery 314St John Neumann Cemetery 314St John Neumann Cemetery 314St John Neumann Cemetery 339Forest Memorial Park - WV 342Fairview Memorial Gardens - WV 342Fairview Memorial Gardens - WV 345West Virginia Memorial Gardens 345West Virginia Memorial Gardens 347Graceland Cemetery West 347Graceland Cemetery West 347Graceland Cemetery West 349Springhill Memorial Gardens 350Forest lawn Cemetery 350Forest lawn Cemetery 354Bethlehem Memorial Park 355Highland Memorial Gardens 356Ridgecrest Cemetery 356Ridgecrest Cemetery 360Riverside Cemetery 360Riverside Cemetery 362Green Lawn Cemetery 362Green Lawn Cemetery 362Kingwood Cemetery 362Green Lawn Cemetery 363Rest Haven Memorial Park 363Rest Haven Memorial Park 399Roselawn Burial Park PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA WV WV WV WV WV SC SC SC SC SC SC PA TN TN TN PA PA OH OH OH OH OH OH VA 010006482016 Chevrolet Silverado 3500HD WT 4x4 Regular Cab 133.6 in. WB DRW (CK35903) 010006502016 Chevrolet Silverado 3500HD WT 4x4 Regular Cab 133.6 in. WB DRW (CK35903) 010006652016 Chevrolet Silverado 2500HD WT 4x4 Regular Cab 8 . box 133.6 in. WB (CK25903) 010006662016 Chevrolet Silverado 2500HD WT 4x4 Regular Cab 8 . box 133.6 in. WB (CK25903) 010006792016 Chevrolet Silverado 2500HD WT 4x4 Regular Cab 8 . box 133.6 in. WB (CK25903) 010081122003 Ford F-450 Chassis 4x2 SD Regular Cab 141 in. WB DRW HD Heavy (F46) 009927032007 John Deere 310TJ - Backhoe / Loader (310TJ) 009937782015 John Deere 310LE - Backhoe (310LE) 009937812015 John Deere 310EK - Backhoe (310EK) 010000912017 Chevrolet Silverado 3500HD Chassis WT 4x4 Regular Cab 137.5 in. WB DRW (CK36003) 010006462016 Chevrolet Silverado 3500HD WT 4x4 Regular Cab 133.6 in. WB DRW (CK35903) 010006512016 Chevrolet Silverado 3500HD WT 4x4 Regular Cab 133.6 in. WB DRW (CK35903) 010006552016 Chevrolet Silverado 3500HD WT 4x2 Regular Cab 133.6 in. WB DRW (CC35903) 010006602016 Chevrolet Silverado 2500HD WT 4x4 Regular Cab 8 . box 133.6 in. WB (CK25903) 010006632016 Chevrolet Silverado 2500HD WT 4x4 Regular Cab 8 . box 133.6 in. WB (CK25903) 010006682016 Chevrolet Silverado 2500HD WT 4x4 Regular Cab 8 . box 133.6 in. WB (CK25903) 010006722016 Chevrolet Silverado 2500HD WT 4x4 Regular Cab 8 . box 133.6 in. WB (CK25903) 010081142001 FORD F-250 SD REG CAB SRW 4WD (F21) 009984422017 John Deere 50G - Excavator (50G) 010000842017 JCB, Inc. 3CX Compact - 12' BHL (3CX) 010189662019 John Deere 310EP - Backhoe / Loader (310 EP) 010006442016 Chevrolet Silverado 3500HD WT 4x4 Regular Cab 133.6 in. WB DRW (CK35903) 010006572016 Chevrolet Silverado 3500HD WT 4x2 Regular Cab 133.6 in. WB DRW (CC35903) 010006672016 Chevrolet Silverado 2500HD WT 4x4 Regular Cab 8 . box 133.6 in. WB (CK25903) 010006692016 Chevrolet Silverado 2500HD WT 4x4 Regular Cab 8 . box 133.6 in. WB (CK25903) 010019112012 Ford Super Duty F-450 DRW 4WD Reg Cab WB CA (F4H) 010191982019 Spartan RT Pro - 61" 25 HP Kohler (RT PRO) 010191992019 Spartan RT Pro - 61" 25 HP Kohler (RT PRO) 010019621996 Ford F-350 Chassis Cab Reg Cab 137" WB, 60.0" CA DRW 4WD 010019892015 Ford Super Duty F-350 DRW 4WD Reg Cab WB CA (F3H) 010024962011 Chevrolet Tahoe LT1 4x4 (CK10706) 010025042013 Chevrolet Suburban 1500 LT 4x4 (CK10906) 010079442015 Chevrolet Silverado 1500 LT w/1LT 4x2 Crew Cab 6.5 . box 153 in. WB (CC15743) 010020471990 Cadillac Brougham 4dr Sedan (6DW69) 010020442000 FORD E-250 REG ECONO CARGO VAN (E24) 010020511990 Ford F-Super Duty Cab/Chassis DRW (F47) 010020942009 Ford Super Duty F-550 DRW 4WD Reg Cab WB CA (F57) 009920022016 Chevrolet Silverado 1500 WT 4x2 Regular Cab 8 . box 133 in. WB (CC15903) 009920092016 Chevrolet Silverado 1500 WT 4x2 Regular Cab 8 . box 133 in. WB (CC15903) 010198302019 John Deere Z930M Z Trak - Mower (Z930M) 010018702011 Ford Super Duty F-250 SRW 4WD Reg Cab 137" (F2B) 010020992014 Ford Super Duty F-450 DRW 4WD Reg Cab WB CA (F4H) 010021171997 Ford F-150 Reg Cab Flareside 120" 4WD (F08) 010021611998 FORD E-150 CARGO VAN 138" WB (E14) 010021632007 Ford Super Duty F-350 SRW 4WD SuperCab (X31) 010021691994 CHEVROLET C1500 PICKUP 117.5"WB (CC10703) 010021661995 Chevrolet Sport Van G30 Ext Sport 146" WB (CG31606) 010109232015 John Deere 310K - Backhoe / Loader (310K) 010020152005 Ford Super Duty F-450 DRW Crew Cab (F47) V IN 1GB3KYCG0GZ169749 1GB3KYCG5GZ167558 1GC0KUEG0GZ165494 1GC0KUEG5GZ167094 1GC0KUEG7GZ167582 1FDXF46S23EA86041 T0310TJ148767 1T0310ELTFG283539 1T0310EKCEG272102 1GB3KYCG0HZ265799 1GB3KYCG4GZ163582 1GB3KYCG9GZ164744 1GB3CYCG9GZ166118 1GC0KUEG4GZ163943 1GC0KUEG7GZ163631 1GC0KUEG9GZ164859 1GC0KUEG8GZ164254 1FTNF21L01EB21656 1FF050GXVHH286208 2454494 1T0310LXAKF358139 1GB3KYCG9GZ169765 1GB3CYCG1GZ170339 1GC0KUEG0GZ168217 1GC0KUEG4GZ168284 1FDUF4HY0CEC62623 SRPR161747KC9KB032943 SRPR161747KC7KB032944 2FDKF38G5TCA56969 1FDRF3H69FEB97483 1GNSKBE01BR382875 1GNSKJE73DR311669 3GCPCREHXFG123575 1G6DW5476LR730678 1FTNE24L4YHA05917 2FDLF47G8LCA98113 1FDAF57Y09EA60321 1GCNCNEH8GZ323842 1GCNCNEH9GZ319038 1TC930MCHKT075389 1FTBF2B6XBEA15289 1FDUF4HY1EEA80772 2FTDF08W1VCA20864 1FTRE1427WHC14746 1FTWX315X7EA08783 1GCEC14Z8RZ148921 1GAHG39N4SF100500 1T0310EKAEG272913 1FDXF47Y15EC02447 3 Digit # Name State Unit # Model Description 399Roselawn Burial Park 400Bronswood Cemetery 400Bronswood Cemetery 430Augusta Memorial Park 431Alleghany Memorial Park 441Laurelwood Prospect 442Northshore Gardens of Memories 442Northshore Gardens of Memories 443Highland Memorial park 449Oaklawn Maus & memory gds 455Blair Memorial Park 457Centre County Memorial park 457Centre County Memorial park 457Centre County Memorial park 462Woodlawn Memorial Park Associaon 462Woodlawn Memorial Park Associaon 464Mt Zion Cemetery & Mausoleum 464Mt Zion Cemetery & Mausoleum 464Mt Zion Cemetery & Mausoleum 469Grandview Memorial Park 469Grandview Memorial Park 470Woodlawn Memorial Gardens 470Woodlawn Memorial Gardens 470Woodlawn Memorial Gardens 471Coraopolis Cemetery 473Forest Lawn Cemetery VA 475Tioga County Memorial Gardens 492Birchlawn Burial Park 495Riverview Memorial Garden 495Riverview Memorial Garden 495Riverview Memorial Garden 496Cumberland Valley Memorial 496Cumberland Valley Memorial 496Cumberland Valley Memorial 496Cumberland Valley Memorial 497Tri-County Memorial Gardens 499Russell Memorial Park 511Evergreen Cemetery North 511Evergreen Cemetery North 519Glenview Memorial Gardens 521Greenlawn Memorial Park WI 521Greenlawn Memorial Park WI 522Highland Memory Gardens WI 522Highland Memory Gardens WI 522Roselawn Memory Gardens 522Highland Memory Gardens WI 522Highland Memory 523Knollwood Memorial Park 523Knollwood Memorial Park VA IL IL VA VA PA IL IL IL VA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA VA PA VA PA PA PA PA PA PA PA PA VA WV WV WI WI WI WI WI WI WI WI WI WI 010080702014 Ford Escape SE 4dr 4x4 (U9G) 010016881997 FORD F-150 SUPERCAB 2WD STYLE (X17) 010017032007 Ford Super Duty F-350 DRW 4WD Reg Cab WB CA (F37) 010020142005 FORD F-350 SD REG DRW 4WD (F37) 010020072012 Ford Super Duty F-350 DRW 4WD SuperCab 162" WB 60" CA (X3H) 010020551996 Ford F-150 Reg Cab WB 4WD 010016752015 Chevrolet Silverado 3500HD Chassis WT 4x4 Regular Cab 162 in. WB DRW (CK36403) 010019062005 CHEVROLET UPLANDER FWD (CU12216) 010056192015 Chevrolet Silverado 3500HD Chassis WT 4x4 Regular Cab 162 in. WB DRW (CK36403) 010019782002 CHEVROLET VENTURE 4DR WAGON EXT (1UM16) 010056232002 Ford F-250 4x4 SD Regular Cab 137 in. WB HD Large Pick-up (F21) 010056202004 Ford F-250 XL 4x4 SD Regular Cab 137 in. WB HD (F21) 010056211999 Ford Super Duty F-450 Reg Cab (F46) 010056242002 CHEVROLET SUBURBAN 1500 4WD (CK15906) 009951862017 Chevrolet Express 2500 Work Van Rear-wheel Drive Cargo Van (CG23405) 010018842002 CHEVROLET SUBURBAN 1500 4WD (CK15906) 010020602009 Ford Super Duty F-250 SRW 4WD Reg Cab 137" (F21) 010020971994 Ford F-350 Chassis Cab Reg Cab WB CA DRW 4WD (F38) 010058762005 Ford F-450 Chassis XL 4x2 SD Regular Cab 141 in. WB DRW (F46) 010023922017 New Holland B95B - Tractor Loader Backhoe (B95B) 010080822008 Ford F-250 XL 4x4 SD Regular Cab 137 in. WB SRW (F21) 010006422016 Chevrolet Suburban LT 4x4 (CK15906) 010020561989 Ford 1/2 Ton Trucks Styleside WB 4WD (F14) 010020932007 Ford Super Duty F-550 DRW 4WD Reg Cab WB CA (F57) 010018721997 FORD F-250 HD P/U 4X4 133" WB (F26) 010020132015 Ford Super Duty F-450 DRW 4WD Reg Cab WB CA (F4H) 010080991981 GMC Pickup 010081012007 Ford F-550 Chassis XL 4x4 SD Regular Cab 141 in. WB DRW (F57) 010081001999 FORD F-150 REG. CAB 4X2 STYLE (F17) 010081032000 Dodge Ram 3500 Chassis Cab - 4X4 139" DRW (MAFS140) 010221792006 Ford F-450 Commercial Cab Chassis (F46) 010018681977 Chevrolet Trucks 010018711988 Ford Econoline Cargo Van E150 Cargo WB (E14) 010020652002 FORD E-150 REG ECONO VN 138"WB (E14) 010020952007 Ford Super Duty F-550 DRW 4WD Reg Cab WB CA (F57) 010081022011 Ford Super Duty F-250 SRW 4WD Reg Cab 137" (F2B) 010018822015 Ford Super Duty F-450 DRW 4WD Reg Cab WB CA (F4H) 010018652009 Ford Super Duty F-450 DRW 4WD Reg Cab (F47) 010019402005 Ford Super Duty F-450 DRW Crew Cab (F47) 010024531999 DODGE RAM 1500 QUAD CAB 4WD 139 (BE6L33) 009944852016 Chevrolet Silverado 3500HD Chassis WT 4x4 Regular Cab 137.5 in. WB DRW (CK36003) 010076152018 Chevrolet Express 2500 Work Van Rear-wheel Drive Cargo Van (CG23405) 009944862016 Chevrolet Silverado 3500HD Chassis WT 4x4 Regular Cab 137.5 in. WB DRW (CK36003) 010031182013 RAM 1500 4WD Quad Cab 140.5" SLT (DS6H41) 010045242003 Chevrolet Silverado 2500HD 4x4 Extended Cab 6.5 . box 143.5 in. WB Large Pick-up (CK25753) 010045261966 INTERNATIONAL INTERNATIONAL - 160 (1CONV) 010198362019 John Deere XUV825M - Gator (XUV825M) 009943292016 Chevrolet Silverado 3500HD Chassis WT 4x4 Regular Cab 137.5 in. WB DRW (CK36003) 010190882019 John Deere Z960M Z Trak - Zero-Turn Mower (Z960M) V IN 1FMCU9GX0EUB83310 1FTDX1764VKD04117 1FDWF37577EB07079 1FDWF37Y55EA09160 1FD8X3H62CEB97300 1FTEF14Y0TLB39431 1GB3KYCG5FF575283 1GNDV23L95D250042 1GB3KYCG4FF550536 1GNDX03E92D270447 1FTNF21L52EA91023 1FTNF21L24EA65921 1FDXF46F1XED62766 1GNFK16Z52J177339 1GCWGAFF5H1184090 1GNFK16ZX2J156910 1FTNF21579EA59492 1FDKF38G0REA19072 1FDXF46Y35EA87111 N8GH21956 1FTNF21588EC87497 1GNSKHKC2GR271129 1FTEF14Y6KLA38960 1FDAF57Y07EB51571 1FTHF26H1VED02725 1FDUF4HY2FEA04947 1GBHK34M2BB119157 1FDAF57Y77EB51566 1FTZF1722XNA82829 3B6MF3656YM205100 1FDXF47Y36EB73809 CCL336B138597 1FTDE14Y2JHA60082 1FTRE14232HB08157 1FDAF57Y67EB52059 1FTBF2B68BEA81369 1FDUF4HY6FEA47977 1FDAF47Y69EA21453 1FDXF47Y75EC02453 1B7HF13ZXXJ548898 1GB3KYCG5GZ362477 1GCWGAFG0J1333245 1GB3KYCG5GZ266848 1C6RR7GT5DS695910 1GCHK29U83E293684 613301H63065 11111111111111111 1GB3KYCG5GZ338194 11111111111111111 3 Digit # Name State Unit # Model Description 524Ledgeview Memorial Park 524Ledgeview Memorial Park 524Ledgeview Memorial Park 525Lincoln Memorial Cemetery WI 525Lincoln Memorial Cemetery WI 526Milton Lawns Memorial Park 526Milton Lawns Memorial Park 527Roselawn Memorial Park 527Roselawn Memorial Park 527Roselawn Memorial Park 529Parklawn Memorial Gardens 530Valhalla Memorial Park 530Valhalla Memorial Park 534Sunset Memory Gardens 534Sunset Memory Gardens 534Sunset Memory Gardens 534Sunset Memory Gardens 535Mormon Coulee Memorial Park 535Mormon Coulee Memorial Park 536Green Lawn Memorial Park 536Green Lawn Memorial Park 548Locustwood Memorial Park 548Locustwood Memorial Park 583Mt. Airy Cemetery 583Mt. Airy Cemetery 583Mt. Airy Cemetery 591Roosevelt Memorial Park 598Fort Hill Memorial Park 601Glen Haven 601Glen Haven 604Crown Hill Cemetery 604Crown Hill Cemetery 604Crown Hill Cemetery 604Crown Hill Cemetery 604Crown Hill Cemetery 604Crown Hill Cemetery 604Crown Hill Cemetery 606Butler County Cemetery 606Butler County Cemetery 606Butler County Cemetery 606Forest Hill Memorial Garden 606Butler County Cemetery 607Lakewood Mem Grdns East 607Lakewood Mem Grdns East 613Cedar Hill Memorial Park 613Cedar Hill Memorial Park 613Cedar Hill Memorial Park 614Grandview Cemetery 617Lafayee Memorial Park WI WI WI WI WI WI WI WI WI WI PA WI WI WI WI WI WI WI WI PA PA NJ NJ PA PA PA VA VA MD MD OH OH OH OH OH OH OH OH OH OH OH OH TN TN PA PA PA PA PA 010007932014 GMC Sierra 1500 SLE 4x4 Double Cab 6.6 . box 143.5 in. WB (TK15753) 010019541998 GMC Sierra 3500 Reg Cab 135.5" WB, 59.7" CA 4WD DRW (TK31003) 010019551997 GMC Sierra 3500 Reg Cab 135.5" WB, 59.7" CA 4WD DRW (TK31003) 010044971994 Ford F-350 Chassis Cab Reg Cab WB CA DRW 4WD (F38) 010045001999 Chevrolet C/K 3500 Reg Cab 135.5" WB 4WD DRW (CK31003) 010045272003 FORD F-250 SD REG CAB SRW 4WD (F21) 010045391990 Ford Super Duty F-350 DRW - SD Chassis 138 in. WB DRW (MAFS11) 009943302016 Chevrolet Silverado 3500HD Chassis WT 4x4 Regular Cab 137.5 in. WB DRW (CK36003) 009944872016 Chevrolet Silverado 2500HD WT 4x4 Crew Cab 6.6 . box 153.7 in. WB (CK25743) 010016892005 FORD F-350 SD CREW CAB 4X4 (W31) 010020311990 Ford F-Super Duty Cab/Chassis DRW (F47) 010031791997 GMC Sierra 3500 Reg Cab 135.5" WB, 59.7" CA 4WD DRW (TK31003) 010032131995 FORD F-350 CAB/CHASSIS 2WD (F37) 010024831999 Chevrolet C/K 3500 Reg Cab 135.5" WB 4WD DRW (CK31003) 010025001979 Chevrolet C-30 010025011979 Ford F-350 010025031996 Chevrolet C/K 1500 Reg Cab WB 4WD 010024542001 DODGE RAM 2500 QUAD CAB 4WD 139 (BE7L33) 010025061985 Dodge Pickup W-350 Sweptline 010056222009 Ford Super Duty F-450 DRW 4WD Reg Cab (F47) 010056632011 Ford F-250 XL 4x4 SD Regular Cab 8 . box 137 in. WB SRW (F2B) 010075112011 Ford F-550 Chassis XL 4x4 SD Regular Cab 141 in. WB DRW (F5H) 010075152011 Ford Super Duty F-250 SRW 4WD Reg Cab 137" (F2B) 010020341998 Dodge Ram BR3500 WB DRW 4WD (BR8L63) 010020751997 GMC Sierra 3500 Reg Cab 135.5" WB, 59.7" CA 4WD DRW (TK31003) 010021112008 Ford Super Duty F-450 DRW 4WD Reg Cab WB CA (F47) 010020221998 Ford F-150 Reg Cab (F17) 010018832011 Ford Super Duty F-550 DRW 4WD Reg Cab WB CA (F5H) 010169582015 Ford F-550 Chassis XL 4x4 SD Regular Cab 141 in. WB DRW (F5H) 010231932011 Ford Super Duty F-350 SRW 4WD Crew Cab (W3B) 009925762017 Chevrolet Express 2500 Work Van Rear-wheel Drive Cargo Van (CG23405) 010018522011 Ford Super Duty F-550 DRW 4WD Reg Cab WB CA (F5H) 010019221988 Chevrolet 1 Ton Chassis-Cabs Cab WB (R943-D) 010021522005 FORD F-350 SD REG DRW 4WD (F37) 010021602002 FORD E-150 REG ECONO VN 138"WB (E14) 010021622002 Ford Super Duty F-350 SRW Reg Cab 137" 4WD (F31) 010094112019 Chevrolet Equinox LS All-wheel Drive (1XX26) 010021552005 Ford Super Duty F-450 DRW Crew Cab (F47) 010021582006 FORD F-250 SD REG CAB SRW 4WD (F21) 010021702006 CHEVROLET EXPRESS CARGO 1500 135" (CG13405) 010079492018 Chevrolet Express 2500 Work Van Rear-wheel Drive Cargo Van (CG23405) 010118972012 John Deere 310SK - Backhoe / Loader (310SK) 010198342019 John Deere HPX615E - Ulity Vehicle (HPX615E) 010198352019 John Deere Z930M Z Trak - Mower (Z930M) 010019202008 Ford Super Duty F-450 DRW 4WD Reg Cab WB CA (F47) 010020712000 CHEVROLET SILVERADO 1500 REG 119" (CK15703) 010020981985 Ford Pickup (F60) 010021002013 Ford Super Duty F-450 DRW 4WD Reg Cab WB CA (F4H) 010021012013 Ford Super Duty F-450 DRW 4WD Reg Cab WB CA (F4H) V IN 1GTV2UEH9EZ328638 1GDJK34R0WF032442 1GDJK34R8VF004807 1FDKF38G7RNA41442 1GBJK34F8XF027618 1FTNF21P13EC18497 1FDKF38G3LKA68517 1GB3KYCG6GZ339838 1GC1KUEG1GF234781 1FTWW31PX5ED09670 2FDLF47GXLCB07569 1GDJK34F4VF001344 1FDKF37GXSEA40373 1GBJK34F9XF029331 CE338J125078 F37BPEE3992 1GCEK14W2TZ188587 1B7KF23Z01J561680 1B6MW34WXFS677476 1FDAF47Y79EA07013 1FTBF2B63BEB10146 1FDUF5HY3BEA20882 1FTBF2B65BEB10147 3B6MF3651WM211061 1GDJK34R9VF015931 1FDXF47Y08EB60390 1FTZF1729WNA44514 1FDUF5HY6BEA70675 1FDUF5HY5FEA06777 1FT8W3BT9BEA05391 1GCWGAFF5H1117960 1FDUF5HYXBEA20880 1GBHR34K5JJ117059 1FDWF37515EA53291 1FTRE14242HB12377 1FTSF31L72EA37571 2GNAXSEV4K6146936 1FDXF47Y15EC89038 1FTNF21536EB36256 1GCEG15X361235217 1GCWGAFPXJ1289772 1T0310SKHCE223632 11111111111111111 1TC930MCAKT072926 1FDXF47YX8EC87499 1GCEK14W3YZ320571 1FDNF70H0FVA23949 1FDUF4HY3DEA52373 1FDUF4HY7DEA05928 3 Digit # Name State Unit # Model Description 618Sylvan Heights Cemetery 618Sylvan Heights Cemetery 618Sylvan Heights Cemetery 618Sylvan Heights Cemetery 618Sylvan Heights Cemetery 620Randolph Memorial Park 621Alamance Memorial Park 622West Lawn Memorial Park 623Wayne Memorial Park 625Lakeview Memory Park 625Lakeview Memory Park 625Lakeview Memorial Park 625Lakeview Memory Park 627Pinelawn Memorial Park 627Pinelawn Memorial Park 628Skyline Memorial Park 630Oaklawn Memorial Gardens 630Oaklawn Memorial Gardens 636Lakeview Memory Gardens 636Lakeview Memory Gardens 637Crestwood Memorial 637Crestwood Memorial 637Crestwood Memorial 638Forest Lawn Gardens 638Forest Lawn Gardens 639Ridout's Forest Crest 639Forest Crest Cemetery 640Ridout's Forest Hill Cemetery 640Ridout's Forest Hill Cemetery 641Walker Memory Gardens 643Olinger's Evergreen 644Old Mission Wichita Park 644Old Mission Wichita Park 644Old Mission Wichita Park 644Old Mission Wichita Park 644Old Mission Wichita Park 644Forest Hill Cavalry 645White Chapel 647Floral Lawn Memorial Gardens 647Floral Lawn Memorial Gardens 647Roseland Memorial Gardens 651Floral Gardens 651Floral Gardens 652Roseland Memorial Gardens 652Roseland Memorial Gardens 652Roseland Memorial Gardens 653Old Dominion 655Forest Hill Cavalry 655Forest Hill Cavalry PA PA PA PA PA NC NC NC NC NC NC NC NC NC NC NC NC NC AL AL AL AL AL AL AL AL AL AL AL AL CO KS KS KS KS KS MO KS MI MI MI MI MI MI MI MI VA MO MO 009952282003 Case 580SM - Tractor (580SM) 010018762013 Ford Econoline Wagon E-350 Super Duty Ext (S3B) 010021052001 FORD F-350 SD REG CHAS DRW 4WD (F37) 010077702017 GMC Sierra 3500HD Chassis Base 4x4 Regular Cab 137.5 in. WB DRW (TK36003) 010187092013 Case 580SN - Tractor (580SN) 010018452004 CHEVROLET SILVERADO 2500 REG 133" (CC25903) 010031832009 Dodge Ram 2500 SLT 4x4 Quad Cab 160.5 in. WB (DH7H42) 010021962001 CHEVROLET SILVERADO 2500HD CREW (CC25743) 010022472014 Ford Super Duty F-450 DRW 4WD Reg Cab WB CA (F4H) 010019162010 Ford Fusion 4dr Sdn SE FWD (P0H) 010021972011 Chevrolet Silverado 1500 Work Truck 4x4 Regular Cab 8 . box 133 in. WB (CK10903) 010022532002 FORD RANGER REG CAB P/U (R10) 010038042018 Chevrolet Silverado 2500HD WT 4x4 Double Cab 8 . box 158.1 in. WB (CK25953) 010019262013 Ford F-150 2WD Reg Cab (F1C) 010022091993 GMC C & K Series Pickup 010022492013 Ford F-150 4WD Reg Cab (F1E) 009920082016 Chevrolet Silverado 1500 WT 4x2 Regular Cab 8 . box 133 in. WB (CC15903) 010018492011 Ford Super Duty F-550 DRW 4WD Reg Cab WB CA (F5H) 010018172012 Ford Super Duty F-450 DRW 4WD Reg Cab WB CA (F4H) 010018231992 Chevrolet Chevy Van G10 WB (CG11005) 009919872016 Chevrolet Silverado 1500 WT 4x2 Regular Cab 8 . box 133 in. WB (CC15903) 010018151997 Ford F-350 Chassis Cab Reg Cab WB, CA DRW 4WD (F38) 010018242001 CHEVROLET SILVERADO 1500 REG 119" (CC15703) 010018141985 Ford Pickup (F60) 010111242011 Ford F-450 Chassis XL 4x2 SD Regular Cab 141 in. WB DRW (F4G) 009919922016 Chevrolet Silverado 1500 WT 4x2 Regular Cab 8 . box 133 in. WB (CC15903) 010018992011 Ford Super Duty F-550 DRW 4WD Reg Cab WB CA (F5H) 009919932016 Chevrolet Silverado 1500 WT 4x2 Regular Cab 8 . box 133 in. WB (CC15903) 010018162012 Ford Super Duty F-450 DRW 4WD Reg Cab WB CA (F4H) 009920142016 Chevrolet Silverado 1500 WT 4x2 Regular Cab 8 . box 133 in. WB (CC15903) 010018962010 Chevrolet Silverado 2500HD Work Truck 4x4 Regular Cab 8 . box 133 in. WB (CK20903) 010016042010 Chevrolet Express 2500 Work Van Rear-wheel Drive Cargo Van (CG23405) 010016192008 Ford Super Duty F-350 DRW 4WD Reg Cab WB CA (F37) 010016211998 Buick LeSabre 4dr Sdn Custom (4HP69) 010016231979 Chevrolet C-30 010016241999 CHEVROLET ASTRO CARGO VAN 111.2 (CM11005) 010019022009 Ford Super Duty F-250 SRW 4WD SuperCab (X21) 010016251994 Chevrolet C2500 - 4x2 (CC20903) 010022691999 CHEVROLET VENTURE 4DR EXT WB 120" (1UM16) 010023052011 Ford Super Duty F-350 DRW 4WD Reg Cab WB CA (F3H) 010035432014 Chevrolet Silverado 1500 Work Truck w/1WT 4x4 Crew Cab 6.5 . box 153.5 in. WB (CK15743) 010019322004 Ford Super Duty F-350 DRW Reg Cab WB CA 4WD (F37) 010022581999 FORD F-250 SD REG CAB SRW 4WD (F21) 010022562005 FORD F-250 SD REG CAB SRW 4WD (F21) 010023071999 Ford Super Duty F-350 DRW Reg Cab WB 4WD (F37) 010042202004 CHEVROLET VENTURE 4DR WAGON EXT (1UM16) 010020092007 Ford Super Duty F-550 DRW 4WD Reg Cab WB CA (F57) 010018402000 FORD E-250 REG ECONO CARGO VAN (E24) 010019302009 Ford F-150 4WD Reg Cab 145" (F14) V IN JJG0375614 1FBSS3BL5DDA52304 1FDWF37F11ED76999 1GD32VCG7HZ295128 JJGN58SNTDC585107 1GCGC24U74Z139090 3D7KS28T99G542404 1GCHC23U31F130681 1FDUF4HY3EEA80773 3FAHP0HA5AR364739 1GCNKPE0XBZ107847 1FTYR10U32PB22380 1GC2KUEG9JZ124507 1FTMF1CM3DKF16058 VGCEC1424PE228138 1FTMF1EM0DKD99388 1GCNCNEHXGZ318416 1FDUF5HY5BEA23007 1FDUF4HY6CEC01728 1GCDG15H2N7131401 1GCNCNEH3GZ319441 1FDKF38G9VEB66579 1GCEC14W51Z322440 1F00E14F0FHA01744 1FDTF4GY2BEB43368 1GCNCNEH8GZ321752 1FDUF5HY8BEA70676 1GCNCNEH7GZ319894 1FDUF4HY0CEB33328 1GCNCNEH8GZ319306 1GC3KVBG0AF119888 1GCZGFBA7A1156401 1FDWF37548EE59876 1G4HP52K6WH445648 1G7DC14Z60Z521656 1GCDM19WXXB137013 1FTSX21539EA48828 1GCFC24K5RE215477 1GNDX03E4XD298275 1FDRF3H61BEA32537 3GCUKREC2EG435155 1FDWF37S44ED76108 1FTNF21L0XEB50244 1FTNF21515EC24852 1FDWF37L0XEC16594 1GNDX03E54D229929 1FDAF57Y27EB51572 1FTNE24LXYHB23759 1FTVF14V19KC08129 3 Digit # Name State Unit # Model Description V IN 655Forest Hill Cavalry 655Forest Hill Cavalry 661Floral Lawn 661Floral Lawn 661Floral Lawn 663Calvary Cemetery & Crematorium 663Calvary Cemetery & Crematorium 663Calvary Cemetery & Crematorium 664Kanawha Valley Memorial Garden 671Bethel Memorial Park 685Sunset Memorial Park 685Sunset Memorial Park 685Sunset Memorial Park 693Charers Cemetery Company 693Charers Cemetery Company 693Charers Cemetery Company 705Laurelwood Prospect 705Laurelwood Prospect 716Wicomico Memorial Parks 716Wicomico Memorial Parks 717Sunrise Memorial Gardens 717Sunrise Memorial Gardens 718Mt. Ever Rest Memorial Park South 718Mt. Ever Rest Memorial Park South 718Mt. Ever Rest Memorial Park South 718Mt. Ever Rest Memorial Park South 720Chapel Hill Memorial Gardens 720Chapel Hill Memorial Gardens 720Chapel Hill Memorial Gardens 721East Lawn Memorial Gardens 721East Lawn Memorial Gardens 722DeepDale Memorial Gardens 722DeepDale Memorial Gardens 723Flint Memorial Park 723Flint Memorial Park 723Flint Memorial Park 723Flint Memorial Park 724Chrisan Memorial Gardens West 724Chrisan Memorial Gardens West 724Chrisan Memorial Gardens West 724Chrisan Memorial Gardens West 724Chrisan Memorial Gardens West 724Chrisan Memorial Gardens West 727Forest Lawn Garden 727Forest Lawn Garden 729Fairlawn 729Fairlawn 730Lincoln Memorial Cemetery WI 730Lincoln Memorial Cemetery WI MO MO IL IL IL IN IN IN WV NJ WV WV WV PA PA PA PA PA MD MD MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI PA PA KS KS WI WI 010022412014 RAM 2500 4WD Crew Cab 149" SLT (DJ7H91) 010022781999 Ford Ranger (R10) 010016791998 GMC Sierra 3500 Reg Cab 135.5" WB, 59.7" CA 4WD DRW (TK31003) 010016811998 GMC Sierra 3500 Reg Cab 135.5" WB, 59.7" CA 4WD DRW (TK31003) 010099202013 Dodge Grand Caravan SXT Front-wheel Drive Passenger Van (RTKM53) 010016111997 Ford F-150 Reg Cab (F17) 010016342002 Chevrolet Silverado 3500 Chassis 4x4 Regular Cab 137 in. WB Heavy (CK36003) 010016531983 Chevrolet Pickup K30 010019932015 Ford Super Duty F-550 DRW 4WD Reg Cab WB CA (F5H) 010227512008 Ford F-450 XLT 4x4 SD Crew Cab 172 in. WB (W43) 010019122014 Ford Super Duty F-550 DRW 4WD Reg Cab WB CA (F5H) 010019942014 Ford Super Duty F-550 DRW 4WD Reg Cab WB CA (F5H) 010022032012 Chevrolet Suburban 1500 LT 4x4 (CK10906) 010019192008 Ford Super Duty F-350 DRW 4WD Reg Cab WB CA (F37) 010020632010 Ford Super Duty F-250 SRW 4WD Reg Cab 137" (F2B) 010064182018 GMC Sierra 2500HD Base 4x4 Regular Cab 8 . box 133.6 in. WB (TK25903) 010020622009 Ford Super Duty F-250 SRW 4WD Reg Cab 137" (F21) 010021092008 Ford Super Duty F-450 DRW 4WD Reg Cab WB CA (F47) 010022911997 FORD EXPLORER 4DR WAGON 4X4 (U34) 010089812019 Chevrolet Express 2500 Work Van Rear-wheel Drive Cargo Van (CG23405) 010022552004 Ford Super Duty F-350 DRW Reg Cab WB CA 4WD (F37) 010022762007 Chevrolet Silverado 1500 LT1 4x4 Extended Cab 6.6 . box 143.5 in. WB (CK10753) 010018502009 Ford Super Duty F-350 DRW 4WD Reg Cab WB CA (F37) 010022572009 Ford Super Duty F-250 SRW 4WD Reg Cab 137" (F21) 010022602006 FORD E-150 REG ECONO VN 138"WB (E14) 010023082001 FORD F-350 SD REG CHAS DRW 4WD (F37) 010022682005 CHEVROLET UPLANDER FWD (CU12216) 010022742005 BUICK LACROSSE CX SEDAN (4WC19) 010023092001 FORD F-350 SD REG CHAS DRW 4WD (F37) 010018371997 Chevrolet C/K 3500 Reg Cab 135.5" WB, 59.7" CA 4WD DRW (CK31003) 010022671999 CHEVROLET 1500 EXPRESS CRGO REG 135 (CG11405) 010022592003 FORD E-150 REG ECONO VN 138"WB (E14) 010023042009 Ford Super Duty F-550 DRW 4WD Reg Cab WB CA (F57) 010022542002 Ford Super Duty F-350 DRW Reg Cab WB CA 4WD (F37) 010022632010 Ford Super Duty F-350 SRW 4WD Reg Cab 137" (F3B) 010022732009 Dodge Grand Caravan SXT Front-wheel Drive Passenger Van (RTKP53) 010023102009 Ford Super Duty F-350 DRW 4WD Reg Cab WB CA (F37) 009986582016 Chevrolet Express 2500 Work Van Rear-wheel Drive Cargo Van (CG23405) 010019292000 MERCURY GRAND MARQUIS GS SEDAN (M74) 010019311995 FORD E-350 CUTAWAY VAN (E37) 010022622010 Ford Super Duty F-350 SRW 4WD Reg Cab 137" (F3B) 010022722008 GMC Savana Work Van All-wheel Drive G1500 Cargo Van (TH13405) 010023062009 Ford Super Duty F-350 DRW 4WD Reg Cab WB CA (F37) 010020291996 Ford F-350 Chassis Cab Reg Cab 137" WB, 60.0" CA DRW 4WD 010020321982 Chevrolet Pickup 4WD 2dr K30 010016032004 CHEVROLET SILVERADO 2500 REG 133" (CK25903) 010016181997 Ford F-350 Chassis Cab Reg Cab WB, CA DRW 4WD (F38) 010016382005 GMC Sierra 3500 Chassis Base 4x2 Regular Cab 161.5 in. WB DRW (TC36403) 010016621987 Chevrolet S-10 3C6UR5DL9EG236410 1FT7R10V9XPA36328 1GDJK34R5WF006600 1GDJK34RXWF006382 2C4RDGCG1DR576172 2FTDF1724VCA31555 1GBJK34U52E254228 1GBHK34M1DV110936 1FDUF5HY3FEA89545 1FDXF47Y68ED86904 1FDUF5HYVEEA44130 1FDUF5HY4EEA44130 1GNSKJE7XCR199581 1FDWF37Y38EE27463 1FTNF2B51AEB07264 1GT02REGXJZ234633 1FTNF215X9EA07015 1FDXF47RX8EC39283 1FMDU34X3VUB37119 1GCWGAFG9K1149293 1FDWF37S94ED76105 2GCEK19J371643930 1FDWF37Y09EA16068 1FTNF21579EA46175 1FTRE14W36DA31211 1FDWF37S11EB67176 1GNDV23L65D253321 2G4WC532551254807 1FDWF37S31EB67177 1GBJK34R4VF053723 1GCEG15WXX1137147 1FTRE14263HA46738 1FDAF57R29EB30510 1FDWF37S92EC33524 1FTWF3B57AEB27738 2D8HN54129R530446 1FDWF37579EB29263 1GCWGAFF0G1244078 2MEFM74W3YX665119 1FDKE37F5SHB70571 1FTWF3B54AEB27583 1GTFH154381190483 1FDWF37509EA92654 2FDKF38G4TCA66473 2GBHK34M1C1168559 1GCHK24U54E303094 1FDKF38F8VEB66578 1GDJC34U35E118785 1FCTF1576HLA03026 3 Digit # Name State Unit # Model Description 730Lincoln Memorial Cemetery WI 731Forest Lawn Memory Garden 731Forest Lawn Memory Garden 731Forest Lawn Memory Garden 731Forest Lawn Cemetery 731Forest Lawn Cemetery 732Covington Memorial 732Covington Memorial 732Covington Memorial 733Chapel Hill Memorial Gardens 733Chapel Hill Memorial Gardens 734Garden of Memory 734Garden of Memory 734Garden of Memory 734Garden of Memory 734Garden of Memory 735Chapel Hill Memorial 735Chapel Hill Memorial Gardens 735Chapel Hill Memorial Cemetery 737Royal Oak Cemetery 747Crestview Memorial Park 747Crestview Memorial Park WI IN IN IN IN IN IN IN IN IN IN IN IN IN IN IN MI MI MI OH NC NC 010016692007 FORD F-250 SD REG CAB SRW 4WD (F21) 010016132014 RAM 2500 4WD Crew Cab 149" Tradesman (DJ7L91) 010016162003 FORD F-250 SD REG CAB SRW 4WD (F21) 010016642010 Ford Super Duty F-350 DRW 4WD Reg Cab WB CA (F3H) 010016651999 Ford Ranger (R10) 010016682002 FORD E-250 REG ECONO CARGO VAN (E24) 009942462016 Buick Enclave Leather Front-wheel Drive (4R14526) 010176312008 Chevrolet Silverado 3500HD Chassis Work Truck 4x4 Regular Cab 161.5 in. WB DRW (CK31403) 010193072019 John Deere HPX615E - Ulity Vehicle (HPX615E) 010016091998 FORD WINDSTAR WAGON (A51) 010016522010 Chevrolet Silverado 3500HD Chassis Work Truck 4x4 Regular Cab 137 in. WB DRW (CK31003) 010016121989 Jeep Wrangler 2dr "S" (YJJE77) 010016291994 PLYMOUTH Voyager 3dr Grand LE 119" WB (ASHP53) 010016332008 Chevrolet Silverado 3500HD Chassis Work Truck 4x4 Regular Cab 137 in. WB DRW (CK31003) 010017022013 RAM 1500 4WD Quad Cab 140.5" SLT (DS6H41) 010019661985 Jeep CJ 4WD CJ7 010018512009 Ford Super Duty F-350 DRW 4WD Reg Cab WB CA (F37) 010022612009 Ford Super Duty F-350 SRW 4WD Reg Cab 137" (F31) 010193112019 John Deere HPX615E - Ulity Vehicle (HPX615E) 010018662011 Ford Super Duty F-550 DRW 4WD Reg Cab WB CA (F5H) 009919942016 Chevrolet Silverado 1500 WT 4x2 Regular Cab 8 . box 133 in. WB (CC15903) 010022062004 Ford F-150 Heritage Reg Cab (F17) V IN 1FTNF21587EA19130 3C6UR5CL7EG243762 3FTNF21L93MB44477 1FDWF3HY0AEB34639 1FT4R10V9XVAZ1667 1FTNE24242HB16921 5GAKRBKDXGJ337467 1GBJK346X8E199043 11111111111111111 2FMZA5144WBD41178 1GB6KZBK7AF112031 2J4FY19E6KJ143270 1P4GH54R2RX102672 1GBJK34K98E158481 1C6RR7GT7DS675058 1JCUM87A6FT169190 1FDWF37Y89EA33099 1FTWF31539EB19178 1M0615EAPKM020587 1FDUF5HY1BEA20881 1GCNCNEH5GZ319702 2FTRF17244CA35819 STONEMOR - MOON MSA SCHEDULE 4 1H'20/ Month (Rollout Period) 3 Digit # 4 Digit #Name JAN FEB MARAPRMAYJUNJUL 2H'20/ Month MonthlyTotal 251 253 360 919 920 441 705 354 462 613 614 615 616 816 817 818 25 30 403 464 469 470 495 496 497 498 501 502 811 145 300 455 457 475 529 536 466 617 618 727 813 459 460 471 693 451 453 463 583 812 66 124 192 282 283 284 303 304 305 306 307 251George Washington Cemetery 253Sunset Memorial Park NE 5559Riverside Cemetery 919Kirk & Nice @ Sunset 920Kirk & Nice Funeral Home 5586Prospect Cemetery 5819Laurelwood Cemetery 5517Bethlehem Memorial Park 5626Woodlawn Memorial Park Assn. 613Cedar Hill Memorial Park 614Grandview Cemetery 615Laurel Cemetery 616Arlington Memorial Park 816Weber Funreral Home 817Weber Funeral Home 818Norcross-Weber FH 2127Greenwood Cemetery 2137Pleasant View Cemetery 5569Morris Cemetery 5628Mt. Zion Cemetery & Mausoleum 5633Grand View Memorial Park 5634Woodlawn Memorial Gardens - PA 5672Riverview Memorial Gardens 5673Cumberland Valley Memorial 5674Tri County Memorial Gardens 5675Blue Ridge Memorial Gardens 5698Prospect Hill 5699Westminster Cemetery 811Heintzelman FH Centre Co 2240Twin Hills Memorial Park 2267Juniata Memorial Park 5619Blair Memorial Park 5621Centre County Memorial Park 5771Tioga County Memorial Gardens 5682Parklawn Memorial Gardens 5713Green Lawn Memorial Park 5630Greene County Memorial Park 617Lafayee Memorial Park 618Sylvan Heights Cemetery 727FOREST LAWN GDNS 813Stephen R.Hakey FH 5623Mt. Lebanon Cemetery - PA 5624South Side Cemetery 5635Coraopolis Cemetery 5833Charers Cemetery Company 5615Castleview Memorial Park 5617Crestview Memorial Park 5627Sunset Hill Memorial Gardens 5705Mt. Airy Cemetery 812Kyper FH @ Mt. Royal 2076Shenandoah Memorial Park 2166Sunset Memorial Park - MD 2226Hill Crest Burial Park 5573Panorama Memorial Gardens 5574Evergreen Memorial Gardens - VA 5575Hillcrest Memory Gardens 303All Saints Cemetery 304All Souls Cemetery 305Calvary Cemetery 306Cathedral Cemetery 307Holy Cross Cemetery 9,253 9,253 9,253 500 500 3,874 3,874 3,874 3,874 3,874 3,874 3,874 3,874 500 500 500 3,425 3,425 9,253 9,253 3,425 3,425 3,425 3,425 3,425 3,425 3,425 3,425 500 2,367 2,367 2,367 2,367 2,367 2,367 2,367 2,040 2,040 2,040 2,040 500 2,040 2,040 3,725 2,040 3,725 3,725 3,725 3,725 500 6,115 2,040 2,040 6,115 6,115 6,115 3,155 3,155 3,155 3,155 3,155 9,253 9,253 9,253 500 500 3,874 3,874 3,874 3,874 3,874 3,874 3,874 3,874 500 500 500 3,425 3,425 9,253 9,253 3,425 3,425 3,425 3,425 3,425 3,425 3,425 3,425 500 2,367 2,367 2,367 2,367 2,367 2,367 2,367 2,040 2,040 2,040 2,040 500 2,040 2,040 3,725 2,040 3,725 3,725 3,725 3,725 500 6,115 2,040 2,040 6,115 6,115 6,115 3,155 3,155 3,155 3,155 3,155 9,253 9,253 9,253 500 500 3,874 3,874 3,874 3,874 3,874 3,874 3,874 3,874 500 500 500 3,425 3,425 9,253 9,253 3,425 3,425 3,425 3,425 3,425 3,425 3,425 3,425 500 2,367 2,367 2,367 2,367 2,367 2,367 2,367 2,040 2,040 2,040 2,040 500 2,040 2,040 3,725 2,040 3,725 3,725 3,725 3,725 500 6,115 2,040 2,040 6,115 6,115 6,115 3,155 3,155 3,155 3,155 3,155 18,378 18,378 18,378 500 500 6,970 6,970 6,970 6,970 6,970 6,970 6,970 6,970 500 500 500 4,049 4,049 18,378 18,378 4,049 4,049 4,049 4,049 4,049 4,049 4,049 4,049 500 2,367 2,367 2,367 2,367 2,367 2,367 2,367 2,040 2,040 2,040 2,040 500 2,040 2,040 3,725 2,040 3,725 3,725 3,725 3,725 500 11,273 2,040 2,040 11,273 11,273 11,273 14,186 14,186 14,186 14,186 14,186 29,079 29,079 29,079 500 500 13,290 13,290 13,290 13,290 13,290 13,290 13,290 13,290 500 500 500 9,750 9,750 29,079 29,079 9,750 9,750 9,750 9,750 9,750 9,750 9,750 9,750 500 3,707 3,707 3,707 3,707 3,707 3,707 3,707 7,895 7,895 7,895 7,895 500 7,895 7,895 8,472 7,895 8,472 8,472 8,472 8,472 500 12,652 7,895 7,895 12,652 12,652 12,652 36,706 36,706 36,706 36,706 36,706 29,079 29,079 29,079 500 500 13,290 13,290 13,290 13,290 13,290 13,290 13,290 13,290 500 500 500 9,750 9,750 29,079 29,079 9,750 9,750 9,750 9,750 9,750 9,750 9,750 9,750 500 10,521 10,521 10,521 10,521 10,521 10,521 10,521 10,944 10,944 10,944 10,944 500 10,944 10,944 10,945 10,944 10,945 10,945 10,945 10,945 500 12,652 10,944 10,944 12,652 12,652 12,652 36,706 36,706 36,706 36,706 36,706 29,079 29,079 29,079 500 500 13,290 13,290 13,290 13,290 13,290 13,290 13,290 13,290 500 500 500 9,750 9,750 29,079 29,079 9,750 9,750 9,750 9,750 9,750 9,750 9,750 9,750 500 10,521 10,521 10,521 10,521 10,521 10,521 10,521 10,944 10,944 10,944 10,944 500 10,944 10,944 10,945 10,944 10,945 10,945 10,945 10,945 500 12,652 10,944 10,944 12,652 12,652 12,652 36,706 36,706 36,706 36,706 36,706 29,079 29,079 29,079 500 500 13,290 13,290 13,290 13,290 13,290 13,290 13,290 13,290 500 500 500 9,750 9,750 29,079 29,079 9,750 9,750 9,750 9,750 9,750 9,750 9,750 9,750 500 10,521 10,521 10,521 10,521 10,521 10,521 10,521 10,944 10,944 10,944 10,944 500 10,944 10,944 10,945 10,944 10,945 10,945 10,945 10,945 500 12,652 10,944 10,944 12,652 12,652 12,652 36,706 36,706 36,706 36,706 36,706 278,769 278,769 278,769 6,000 6,000 124,915 124,915 124,915 124,915 124,915 124,915 124,915 124,915 6,000 6,000 6,000 92,322 92,322 278,769 278,769 92,322 92,322 92,322 92,322 92,322 92,322 92,322 92,322 6,000 86,818 86,818 86,818 86,818 86,818 86,818 86,818 92,663 92,663 92,663 92,663 6,000 92,663 92,663 99,987 92,663 99,987 99,987 99,987 99,987 6,000 130,835 92,663 92,663 130,835 130,835 130,835 317,300 317,300 317,300 317,300 317,300 2021 Monthly Annual 29,661355,928 29,661355,928 29,661355,928 510 510 6,120 6,120 6,120 6,120 6,120 13,556162,674 13,556162,674 13,556162,674 13,556162,674 13,556162,674 13,556162,674 13,556162,674 13,556162,674 510 510 510 9,945119,338 9,945119,338 29,661355,928 29,661355,928 9,945119,338 9,945119,338 9,945119,338 9,945119,338 9,945119,338 9,945119,338 9,945119,338 9,945119,338 510 6,120 10,731128,773 10,731128,773 10,731128,773 10,731128,773 10,731128,773 10,731128,773 10,731128,773 11,163133,956 11,163133,956 11,163133,956 11,163133,956 510 6,120 11,163133,956 11,163133,956 11,164133,965 11,163133,956 11,164133,965 11,164133,965 11,164133,965 11,164133,965 510 6,120 12,905154,864 11,163133,956 11,163133,956 12,905154,864 12,905154,864 12,905154,864 37,440449,284 37,440449,284 37,440449,284 37,440449,284 37,440449,284 MonthlyAnnual MonthlyAnnual 2022 2023 30,254 30,254 30,254 520 520 13,827 13,827 13,827 13,827 13,827 13,827 13,827 13,827 520 520 520 10,144 10,144 30,254 30,254 10,144 10,144 10,144 10,144 10,144 10,144 10,144 10,144 520 10,946 10,946 10,946 10,946 10,946 10,946 10,946 11,386 11,386 11,386 11,386 520 11,386 11,386 11,387 11,386 11,387 11,387 11,387 11,387 520 13,163 11,386 11,386 13,163 13,163 13,163 38,189 38,189 38,189 38,189 38,189 363,047 363,047 363,047 6,242 6,242 165,928 165,928 165,928 165,928 165,928 165,928 165,928 165,928 6,242 6,242 6,242 121,725 121,725 363,047 363,047 121,725 121,725 121,725 121,725 121,725 121,725 121,725 121,725 6,242 131,348 131,348 131,348 131,348 131,348 131,348 131,348 136,635 136,635 136,635 136,635 6,242 136,635 136,635 136,645 136,635 136,645 136,645 136,645 136,645 6,242 157,962 136,635 136,635 157,962 157,962 157,962 458,270 458,270 458,270 458,270 458,270 30,859 30,859 30,859 531 531 14,104 14,104 14,104 14,104 14,104 14,104 14,104 14,104 531 531 531 10,347 10,347 30,859 30,859 10,347 10,347 10,347 10,347 10,347 10,347 10,347 10,347 531 11,165 11,165 11,165 11,165 11,165 11,165 11,165 11,614 11,614 11,614 11,614 531 11,614 11,614 11,615 11,614 11,615 11,615 11,615 11,615 531 13,427 11,614 11,614 13,427 13,427 13,427 38,953 38,953 38,953 38,953 38,953 370,308 370,308 370,308 6,367 6,367 169,246 169,246 169,246 169,246 169,246 169,246 169,246 169,246 6,367 6,367 6,367 124,159 124,159 370,308 370,308 124,159 124,159 124,159 124,159 124,159 124,159 124,159 124,159 6,367 133,975 133,975 133,975 133,975 133,975 133,975 133,975 139,367 139,367 139,367 139,367 6,367 139,367 139,367 139,378 139,367 139,378 139,378 139,378 139,378 6,367 161,121 139,367 139,367 161,121 161,121 161,121 467,435 467,435 467,435 467,435 467,435 2024 Monthly Annual 31,476377,714 31,476377,714 31,476377,714 541 541 6,495 6,495 6,495 6,495 6,495 14,386172,631 14,386172,631 14,386172,631 14,386172,631 14,386172,631 14,386172,631 14,386172,631 14,386172,631 541 541 541 10,554126,642 10,554126,642 31,476377,714 31,476377,714 10,554126,642 10,554126,642 10,554126,642 10,554126,642 10,554126,642 10,554126,642 10,554126,642 10,554126,642 541 6,495 11,388136,655 11,388136,655 11,388136,655 11,388136,655 11,388136,655 11,388136,655 11,388136,655 11,846142,155 11,846142,155 11,846142,155 11,846142,155 541 6,495 11,846142,155 11,846142,155 11,847142,165 11,846142,155 11,847142,165 11,847142,165 11,847142,165 11,847142,165 541 6,495 13,695164,343 11,846142,155 11,846142,155 13,695164,343 13,695164,343 13,695164,343 39,732476,784 39,732476,784 39,732476,784 39,732476,784 39,732476,784 1H'20/ Month (Rollout Period) 2H'20/ Month 2021 2022 JAN FEB MAR APR MAY JUN JUL Monthly Total 2023 2024 309 309 Holy Sepulchre Cemetery 310 310 Immaculate Heart of Mary Cemetery 311 311 New Cathedral Cemetery 312 312 Resurrecon Cemetery 313 313 Saints Peter and Paul Cemetery 314 314 St. John Neumann Cemetery 315 315 St. Michael Cemetery 36 2134 Newport Memorial Park 37 2141 Trinity Cemetery 107 2162 Beth Israel Cemetery 109 2164 Cloverleaf Cemetery 548 5685 Locustwood Memorial Park 670 5786 Arlington Park Cemetery 671 5787 Bethel Memorial Park 14 2117 Cedar Hill Cemetery 15 2131 Lincoln Memorial Cemetery 156 2215 Washington Naonal Cemetery 800 3570 Cedar Hill Funeral Home 150 2207 Springhill Memory Gardens 151 5516 Henlopen Memorial Park 716 5841 Wicomico Memorial Parks, Inc. 601 601 Glen Haven Memorial Park 602 602 Columbia Cemetery 728 5835 Lorraine Park Cemetery 67 2075 Sunset-Fredericksburg 68 2084 Oak Hill Cemetery 69 2180 Laurel Hill 744 5849 Northern Neck Cemetery 803 803 Laurel Hill Funeral Home 591 5714 Roosevelt Memorial Park 745 5850 Crestview Cemetery 120 120 Southlawn Memorial Park 256 256 Sunset Memorial Park 255 255 Greenwood Memorial Gardens 473 473 Forest Lawn Cemetery VA 274 2249 Henry Memorial Park 399 5529 Roselawn Burial Park 188 2095 Roselawn Memorial Gardens 346 2287 Rockbridge Memorial Gardens 430 5601 Augusta Memorial Park 431 5602 Alleghany Memorial Park 449 5640 Oaklawn Mausoleum 492 5776 Birchlawn Burial Park 653 5780 Old Dominion Memorial Gardens 802 3398 Roselawn Chapel Fun.Home 258 2253 Altavista Memorial Park 596 5730 Briarwood Memorial Gardens 597 5731 Virginia Memorial Park 598 5732 Fort Hill Memorial Park 180 2090 Powell Valley Memorial Gardens 244 2225 Rural Retreat 254 254 Clinch Valley Cemetery 275 2248 Roselawn Cemeteries 276 2259 Mt. Rose 499 5649 Russell Memorial Park 654 5781 Temple Hill Memorial Park 176 2091 Montgomery Memorial Park 177 2098 Pineview Cemetery 182 2088 Highland Memory Gardens 302 5535 Sunset Memorial Park - WV 343 2284 Grandview Memorial Park 344 2285 Clendenin Memorial Park 664 664 Kanawha Valley Mem Gdn 3,155 3,155 3,155 14,186 36,706 36,706 36,706 3,155 3,155 3,155 14,186 36,706 36,706 36,706 3,155 3,155 3,155 14,186 36,706 36,706 36,706 3,155 3,155 3,155 14,186 36,706 36,706 36,706 3,155 3,155 3,155 14,186 36,706 36,706 36,706 3,155 3,155 3,155 14,186 36,706 36,706 36,706 3,155 3,155 3,155 14,186 36,706 36,706 36,706 3,435 3,435 3,435 3,435 3,435 4,219 27,281 3,435 3,435 3,435 3,435 3,435 4,219 27,281 3,435 3,435 3,435 3,435 3,435 4,219 27,281 3,435 3,435 3,435 3,435 3,435 4,219 27,281 3,435 3,435 3,435 3,435 3,435 4,219 27,281 3,435 3,435 3,435 3,435 3,435 4,219 27,281 3,435 3,435 3,435 3,435 3,435 4,219 27,281 3,818 3,818 3,818 10,438 15,662 15,662 15,662 3,818 3,818 3,818 10,438 15,662 15,662 15,662 3,818 3,818 3,818 10,438 15,662 15,662 15,662 500 500 500 500 500 500 500 3,818 3,818 3,818 10,438 15,662 15,662 15,662 3,818 3,818 3,818 10,438 15,662 15,662 15,662 3,818 3,818 3,818 10,438 15,662 15,662 15,662 3,818 3,818 3,818 10,438 15,662 15,662 15,662 3,818 3,818 3,818 10,438 15,662 15,662 15,662 3,818 3,818 3,818 10,438 15,662 15,662 15,662 6,115 6,115 6,115 11,273 12,652 12,652 12,652 6,115 6,115 6,115 11,273 12,652 12,652 12,652 6,115 6,115 6,115 11,273 12,652 12,652 12,652 6,115 6,115 6,115 11,273 12,652 12,652 12,652 500 500 500 500 500 500 500 11,035 18,669 18,669 18,669 18,669 18,669 18,669 11,035 18,669 18,669 18,669 18,669 18,669 18,669 11,035 18,669 18,669 18,669 18,669 18,669 18,669 11,035 18,669 18,669 18,669 18,669 18,669 18,669 11,035 18,669 18,669 18,669 18,669 18,669 18,669 11,035 18,669 18,669 18,669 18,669 18,669 18,669 6,020 10,621 10,621 10,621 10,621 10,621 10,621 6,020 10,621 10,621 10,621 10,621 10,621 10,621 6,020 10,621 10,621 10,621 10,621 10,621 10,621 6,020 10,621 10,621 10,621 10,621 10,621 10,621 6,020 10,621 10,621 10,621 10,621 10,621 10,621 6,020 10,621 10,621 10,621 10,621 10,621 10,621 6,020 10,621 10,621 10,621 10,621 10,621 10,621 6,020 10,621 10,621 10,621 10,621 10,621 10,621 6,020 10,621 10,621 10,621 10,621 10,621 10,621 500 500 500 500 500 500 500 6,020 10,621 10,621 10,621 10,621 10,621 10,621 6,020 10,621 10,621 10,621 10,621 10,621 10,621 6,020 10,621 10,621 10,621 10,621 10,621 10,621 6,020 10,621 10,621 10,621 10,621 10,621 10,621 6,020 10,621 10,621 10,621 10,621 10,621 10,621 6,020 10,621 10,621 10,621 10,621 10,621 10,621 6,020 10,621 10,621 10,621 10,621 10,621 10,621 6,020 10,621 10,621 10,621 10,621 10,621 10,621 6,020 10,621 10,621 10,621 10,621 10,621 10,621 6,020 10,621 10,621 10,621 10,621 10,621 10,621 6,020 10,621 10,621 10,621 10,621 10,621 10,621 2,820 2,820 2,820 2,820 8,543 9,267 9,267 3,062 3,062 3,062 4,832 9,794 9,794 9,794 3,821 3,821 3,821 4,845 14,206 14,206 14,206 2,820 2,820 2,820 2,820 8,543 9,267 9,267 2,820 2,820 2,820 2,820 8,543 9,267 9,267 2,820 2,820 2,820 2,820 8,543 9,267 9,267 2,820 2,820 2,820 2,820 8,543 9,267 9,267 36,706 317,300 36,706 317,300 36,706 317,300 36,706 317,300 36,706 317,300 36,706 317,300 36,706 317,300 27,281 185,081 27,281 185,081 27,281 185,081 27,281 185,081 27,281 185,081 27,281 185,081 27,281 185,081 15,662 147,192 15,662 147,192 15,662 147,192 500 6,000 15,662 147,192 15,662 147,192 15,662 147,192 15,662 147,192 15,662 147,192 15,662 147,192 12,652 130,835 12,652 130,835 12,652 130,835 12,652 130,835 500 6,000 18,669 216,389 18,669 216,389 18,669 216,389 18,669 216,389 18,669 216,389 18,669 216,389 10,621 122,854 10,621 122,854 10,621 122,854 10,621 122,854 10,621 122,854 10,621 122,854 10,621 122,854 10,621 122,854 10,621 122,854 500 6,000 10,621 122,854 10,621 122,854 10,621 122,854 10,621 122,854 10,621 122,854 10,621 122,854 10,621 122,854 10,621 122,854 10,621 122,854 10,621 122,854 10,621 122,854 9,267 84,697 9,794 92,370 14,206 129,951 9,267 84,697 9,267 84,697 9,267 84,697 9,267 84,697 37,440 449,284 37,440 449,284 37,440 449,284 37,440 449,284 37,440 449,284 37,440 449,284 37,440 449,284 27,826 333,916 27,826 333,916 27,826 333,916 27,826 333,916 27,826 333,916 27,826 333,916 27,826 333,916 15,976 191,708 15,976 191,708 15,976 191,708 510 6,120 15,976 191,708 15,976 191,708 15,976 191,708 15,976 191,708 15,976 191,708 15,976 191,708 12,905 154,864 12,905 154,864 12,905 154,864 12,905 154,864 510 6,120 19,042 228,503 19,042 228,503 19,042 228,503 19,042 228,503 19,042 228,503 19,042 228,503 10,834 130,005 10,834 130,005 10,834 130,005 10,834 130,005 10,834 130,005 10,834 130,005 10,834 130,005 10,834 130,005 10,834 130,005 510 6,120 10,834 130,005 10,834 130,005 10,834 130,005 10,834 130,005 10,834 130,005 10,834 130,005 10,834 130,005 10,834 130,005 10,834 130,005 10,834 130,005 10,834 130,005 9,453 113,434 9,990 119,879 14,490 173,876 9,453 113,434 9,453 113,434 9,453 113,434 9,453 113,434 38,189 458,270 38,189 458,270 38,189 458,270 38,189 458,270 38,189 458,270 38,189 458,270 38,189 458,270 28,383 340,594 28,383 340,594 28,383 340,594 28,383 340,594 28,383 340,594 28,383 340,594 28,383 340,594 16,295 195,542 16,295 195,542 16,295 195,542 520 6,242 16,295 195,542 16,295 195,542 16,295 195,542 16,295 195,542 16,295 195,542 16,295 195,542 13,163 157,962 13,163 157,962 13,163 157,962 13,163 157,962 520 6,242 19,423 233,073 19,423 233,073 19,423 233,073 19,423 233,073 19,423 233,073 19,423 233,073 11,050 132,605 11,050 132,605 11,050 132,605 11,050 132,605 11,050 132,605 11,050 132,605 11,050 132,605 11,050 132,605 11,050 132,605 520 6,242 11,050 132,605 11,050 132,605 11,050 132,605 11,050 132,605 11,050 132,605 11,050 132,605 11,050 132,605 11,050 132,605 11,050 132,605 11,050 132,605 11,050 132,605 9,642 115,703 10,190 122,277 14,779 177,354 9,642 115,703 9,642 115,703 9,642 115,703 9,642 115,703 38,953 467,435 38,953 467,435 38,953 467,435 38,953 467,435 38,953 467,435 38,953 467,435 38,953 467,435 28,950 347,406 28,950 347,406 28,950 347,406 28,950 347,406 28,950 347,406 28,950 347,406 28,950 347,406 16,621 199,453 16,621 199,453 16,621 199,453 531 6,367 16,621 199,453 16,621 199,453 16,621 199,453 16,621 199,453 16,621 199,453 16,621 199,453 13,427 161,121 13,427 161,121 13,427 161,121 13,427 161,121 531 6,367 19,811 237,734 19,811 237,734 19,811 237,734 19,811 237,734 19,811 237,734 19,811 237,734 11,271 135,257 11,271 135,257 11,271 135,257 11,271 135,257 11,271 135,257 11,271 135,257 11,271 135,257 11,271 135,257 11,271 135,257 531 6,367 11,271 135,257 11,271 135,257 11,271 135,257 11,271 135,257 11,271 135,257 11,271 135,257 11,271 135,257 11,271 135,257 11,271 135,257 11,271 135,257 11,271 135,257 9,835 118,017 10,394 124,723 15,075 180,901 9,835 118,017 9,835 118,017 9,835 118,017 9,835 118,017 39,732 476,784 39,732 476,784 39,732 476,784 39,732 476,784 39,732 476,784 39,732 476,784 39,732 476,784 29,529 354,354 29,529 354,354 29,529 354,354 29,529 354,354 29,529 354,354 29,529 354,354 29,529 354,354 16,953 203,442 16,953 203,442 16,953 203,442 541 6,495 16,953 203,442 16,953 203,442 16,953 203,442 16,953 203,442 16,953 203,442 16,953 203,442 13,695 164,343 13,695 164,343 13,695 164,343 13,695 164,343 541 6,495 20,207 242,489 20,207 242,489 20,207 242,489 20,207 242,489 20,207 242,489 20,207 242,489 11,497 137,962 11,497 137,962 11,497 137,962 11,497 137,962 11,497 137,962 11,497 137,962 11,497 137,962 11,497 137,962 11,497 137,962 541 6,495 11,497 137,962 11,497 137,962 11,497 137,962 11,497 137,962 11,497 137,962 11,497 137,962 11,497 137,962 11,497 137,962 11,497 137,962 11,497 137,962 11,497 137,962 10,031 120,377 10,601 127,217 15,377 184,519 10,031 120,377 10,031 120,377 10,031 120,377 10,031 120,377 1H'20/ Month (Rollout Period) 3 Digit # 4 Digit #Name JAN FEB MARAPRMAYJUNJUL 2H'20/ Month MonthlyTotal 2021 Monthly Annual MonthlyAnnual MonthlyAnnual 2022 2023 224 248 625 179 257 339 340 341 342 345 685 249 917 225 620 621 623 626 627 748 749 918 226 250 622 628 629 630 747 236 237 348 349 350 351 352 347 867 138 139 140 141 142 172 173 606 604 807 227 737 855 229 231 232 233 364 221 228 230 646 736 181 183 224Carolina Biblical Gardens of Guilford 248Floral Garden Park Cemetery 625Lakeview Memorial Park 2015Davis-White Chapel Cemetery 2257Valleyview Memorial Park 2280Forest Memorial Park - WV 2281Spring Valley Memorial Park - WV 2282Forest Lawn Memorial Gardens 2283Fairview Memorial Gardens - WV 2286West Virginia Memorial Gardens 5799Sunset Memorial Park - Beckley 249Montlawn Memorial Park 917Montlawn Funeral Home 225Marn Memorial Gardens 620Randolph Memorial Park 621Alamance Memorial Park 623Wayne Memorial Park 626Oakhill Memorial Park 627Pinelawn Memorial Park 748WOODLAND MEM PK 749CHATHAM MEM PK 918Pollock-Best 226York Memorial Park 250Mountlawn Memorial Park 622West Lawn Memorial Park 628Skyline Memorial Park 629Rowan Memorial Park 630Oaklawn Memorial Gardens 747CRESTVIEW MEMORIAL PK 236Frederick Memorial Gardens 237Graceland East Memorial Park 348Good Shepherd Memorial Park 349Springhill Memorial Gardens 350Forest Lawn Cem 351Forest Lawn Cem East 352Whispering Pines Memorial Gdn 347Graceland Cemetery 867Graceland Mortuary 2195Parkview Memorial 2196Marion Hill 2197Shadow Lawn 2198Highland Hills 2199Halcyon Hill 2014Davis-Beverly Hills Cemetery 2013Davis-Floral Hills Cemetery 606Butler County Cemetery 604Crown Hill Cemetery 807Blessing Hine FH 227Forest Hills Memorial Gardens 737Royal Oak Cemetery 855Blessing Zerkle FH 229Resthaven Memory Gardens 231Highland Memorial park 232Hillside Memorial Park 233Northlawn Memorial Gardens & Cre 364Kingwood Memorial Park 221Forest Lawn Memorial Park 228Crown Hill Memorial Park & Maus 230West Memory Gardens 646Highland Memory Gardens 736Heritage Hills Cemetery 2096Floral Hills Memorial Gardens 2097Jackson County Memory Gardens 3,642 3,642 3,642 2,820 2,820 2,820 3,821 2,820 2,820 2,820 3,821 2,720 500 2,720 3,642 3,642 2,720 2,720 2,720 2,720 2,720 500 3,642 3,642 3,642 3,642 3,642 3,642 3,642 4,293 4,293 4,293 4,293 4,293 4,293 4,293 4,293 500 3,062 3,062 3,062 3,062 3,062 3,062 3,062 5,650 5,650 500 5,650 5,650 500 2,818 2,818 2,818 2,818 5,650 5,650 2,818 2,818 2,818 2,818 2,820 2,820 7,181 7,181 7,181 2,820 2,820 2,820 3,821 2,820 2,820 2,820 3,821 5,057 500 5,057 7,181 7,181 5,057 5,057 5,057 5,057 5,057 500 7,181 7,181 7,181 7,181 7,181 7,181 7,181 6,255 6,255 6,255 6,255 6,255 6,255 6,255 6,255 500 3,062 3,062 3,062 3,062 3,062 3,062 3,062 5,650 5,650 500 5,650 5,650 500 2,818 2,818 2,818 2,818 5,650 5,650 2,818 2,818 2,818 2,818 2,820 2,820 15,602 15,602 15,602 2,820 2,820 2,820 3,821 2,820 2,820 2,820 3,821 10,620 500 10,620 15,602 15,602 10,620 10,620 10,620 10,620 10,620 500 15,602 15,602 15,602 15,602 15,602 15,602 15,602 10,923 10,923 10,923 10,923 10,923 10,923 10,923 10,923 500 3,062 3,062 3,062 3,062 3,062 3,062 3,062 5,650 5,650 500 5,650 5,650 500 2,818 2,818 2,818 2,818 5,650 5,650 2,818 2,818 2,818 2,818 2,820 2,820 15,602 15,602 15,602 2,820 2,820 2,820 4,845 2,820 2,820 2,820 4,845 10,620 500 10,620 15,602 15,602 10,620 10,620 10,620 10,620 10,620 500 15,602 15,602 15,602 15,602 15,602 15,602 15,602 10,923 10,923 10,923 10,923 10,923 10,923 10,923 10,923 500 4,832 4,832 4,832 4,832 4,832 4,832 4,832 13,387 13,387 500 13,387 13,387 500 2,818 2,818 2,818 2,818 13,387 13,387 2,818 2,818 2,818 2,818 2,820 2,820 15,602 15,602 15,602 8,543 8,543 8,543 14,206 8,543 8,543 8,543 14,206 10,620 500 10,620 15,602 15,602 10,620 10,620 10,620 10,620 10,620 500 15,602 15,602 15,602 15,602 15,602 15,602 15,602 10,923 10,923 10,923 10,923 10,923 10,923 10,923 10,923 500 9,794 9,794 9,794 9,794 9,794 9,794 9,794 19,494 19,494 500 19,494 19,494 500 4,437 4,437 4,437 4,437 19,494 19,494 4,437 4,437 4,437 4,437 8,543 8,543 15,602 15,602 15,602 9,267 9,267 9,267 14,206 9,267 9,267 9,267 14,206 10,620 500 10,620 15,602 15,602 10,620 10,620 10,620 10,620 10,620 500 15,602 15,602 15,602 15,602 15,602 15,602 15,602 10,923 10,923 10,923 10,923 10,923 10,923 10,923 10,923 500 9,794 9,794 9,794 9,794 9,794 9,794 9,794 19,494 19,494 500 19,494 19,494 500 12,664 12,664 12,664 12,664 19,494 19,494 12,664 12,664 12,664 12,664 9,267 9,267 15,602 15,602 15,602 9,267 9,267 9,267 14,206 9,267 9,267 9,267 14,206 10,620 500 10,620 15,602 15,602 10,620 10,620 10,620 10,620 10,620 500 15,602 15,602 15,602 15,602 15,602 15,602 15,602 10,923 10,923 10,923 10,923 10,923 10,923 10,923 10,923 500 9,794 9,794 9,794 9,794 9,794 9,794 9,794 19,494 19,494 500 19,494 19,494 500 12,664 12,664 12,664 12,664 19,494 19,494 12,664 12,664 12,664 12,664 9,267 9,267 15,602 15,602 15,602 9,267 9,267 9,267 14,206 9,267 9,267 9,267 14,206 10,620 500 10,620 15,602 15,602 10,620 10,620 10,620 10,620 10,620 500 15,602 15,602 15,602 15,602 15,602 15,602 15,602 10,923 10,923 10,923 10,923 10,923 10,923 10,923 10,923 500 9,794 9,794 9,794 9,794 9,794 9,794 9,794 19,494 19,494 500 19,494 19,494 500 12,664 12,664 12,664 12,664 19,494 19,494 12,664 12,664 12,664 12,664 9,267 9,267 166,846 166,846 166,846 84,697 84,697 84,697 129,951 84,697 84,697 84,697 129,951 113,979 6,000 113,979 166,846 166,846 113,979 113,979 113,979 113,979 113,979 6,000 166,846 166,846 166,846 166,846 166,846 166,846 166,846 119,783 119,783 119,783 119,783 119,783 119,783 119,783 119,783 6,000 92,370 92,370 92,370 92,370 92,370 92,370 92,370 186,288 186,288 6,000 186,288 186,288 6,000 104,358 104,358 104,358 104,358 186,288 186,288 104,358 104,358 104,358 104,358 84,697 84,697 15,914190,973 15,914190,973 15,914190,973 9,453113,434 9,453113,434 9,453113,434 14,490173,876 9,453113,434 9,453113,434 9,453113,434 14,490173,876 10,833129,991 510 6,120 10,833129,991 15,914190,973 15,914190,973 10,833129,991 10,833129,991 10,833129,991 10,833129,991 10,833129,991 510 6,120 15,914190,973 15,914190,973 15,914190,973 15,914190,973 15,914190,973 15,914190,973 15,914190,973 11,142133,704 11,142133,704 11,142133,704 11,142133,704 11,142133,704 11,142133,704 11,142133,704 11,142133,704 510 6,120 9,990119,879 9,990119,879 9,990119,879 9,990119,879 9,990119,879 9,990119,879 9,990119,879 19,884238,605 19,884238,605 510 6,120 19,884238,605 19,884238,605 510 6,120 12,917155,009 12,917155,009 12,917155,009 12,917155,009 19,884238,605 19,884238,605 12,917155,009 12,917155,009 12,917155,009 12,917155,009 9,453113,434 9,453113,434 16,233 16,233 16,233 9,642 9,642 9,642 14,779 9,642 9,642 9,642 14,779 11,049 520 11,049 16,233 16,233 11,049 11,049 11,049 11,049 11,049 520 16,233 16,233 16,233 16,233 16,233 16,233 16,233 11,365 11,365 11,365 11,365 11,365 11,365 11,365 11,365 520 10,190 10,190 10,190 10,190 10,190 10,190 10,190 20,281 20,281 520 20,281 20,281 520 13,176 13,176 13,176 13,176 20,281 20,281 13,176 13,176 13,176 13,176 9,642 9,642 194,792 194,792 194,792 115,703 115,703 115,703 177,354 115,703 115,703 115,703 177,354 132,591 6,242 132,591 194,792 194,792 132,591 132,591 132,591 132,591 132,591 6,242 194,792 194,792 194,792 194,792 194,792 194,792 194,792 136,378 136,378 136,378 136,378 136,378 136,378 136,378 136,378 6,242 122,277 122,277 122,277 122,277 122,277 122,277 122,277 243,377 243,377 6,242 243,377 243,377 6,242 158,109 158,109 158,109 158,109 243,377 243,377 158,109 158,109 158,109 158,109 115,703 115,703 16,557 16,557 16,557 9,835 9,835 9,835 15,075 9,835 9,835 9,835 15,075 11,270 531 11,270 16,557 16,557 11,270 11,270 11,270 11,270 11,270 531 16,557 16,557 16,557 16,557 16,557 16,557 16,557 11,592 11,592 11,592 11,592 11,592 11,592 11,592 11,592 531 10,394 10,394 10,394 10,394 10,394 10,394 10,394 20,687 20,687 531 20,687 20,687 531 13,439 13,439 13,439 13,439 20,687 20,687 13,439 13,439 13,439 13,439 9,835 9,835 198,688 198,688 198,688 118,017 118,017 118,017 180,901 118,017 118,017 118,017 180,901 135,243 6,367 135,243 198,688 198,688 135,243 135,243 135,243 135,243 135,243 6,367 198,688 198,688 198,688 198,688 198,688 198,688 198,688 139,105 139,105 139,105 139,105 139,105 139,105 139,105 139,105 6,367 124,723 124,723 124,723 124,723 124,723 124,723 124,723 248,244 248,244 6,367 248,244 248,244 6,367 161,271 161,271 161,271 161,271 248,244 248,244 161,271 161,271 161,271 161,271 118,017 118,017 2024 Monthly Annual 16,888202,662 16,888202,662 16,888202,662 10,031120,377 10,031120,377 10,031120,377 15,377184,519 10,031120,377 10,031120,377 10,031120,377 15,377184,519 11,496137,948 541 6,495 11,496137,948 16,888202,662 16,888202,662 11,496137,948 11,496137,948 11,496137,948 11,496137,948 11,496137,948 541 6,495 16,888202,662 16,888202,662 16,888202,662 16,888202,662 16,888202,662 16,888202,662 16,888202,662 11,824141,887 11,824141,887 11,824141,887 11,824141,887 11,824141,887 11,824141,887 11,824141,887 11,824141,887 541 6,495 10,601127,217 10,601127,217 10,601127,217 10,601127,217 10,601127,217 10,601127,217 10,601127,217 21,101253,209 21,101253,209 541 6,495 21,101253,209 21,101253,209 541 6,495 13,708164,497 13,708164,497 13,708164,497 13,708164,497 21,101253,209 21,101253,209 13,708164,497 13,708164,497 13,708164,497 13,708164,497 10,031120,377 10,031120,377 1H'20/ Month (Rollout Period) 2H'20/ Month 2021 2022 JAN FEB MAR APR MAY JUN JUL Monthly Total 2023 2024 511 5710 Evergreen Cemetery North 512 5711 Evergreen Cemetery South 834 834 Long&Fisher Funeral Home 835 835 Pryor Funeral Home 174 2145 Greenbrier Burial Park, Inc. 178 2093 Restlawn Memorial Gardens 184 2094 Cemetery Estates - Palm Mem. 185 2087 Resthaven Memorial Park - WV 186 2089 Restwood Memorial Park 187 2092 Woodlawn Memorial Park 363 363 Rest Haven Memorial Park 733 733 Chapel Hill Memorial Gdns 873 873 Chapel Hill Funeral Home 724 724 Chrisan Memorial Gardens West 725 725 Chrisan Memorial Gardens East 732 732 Covington Memorial Cemetery 734 734 Garden of Memory-Muncie Cemeter 872 872 Covington Mem Funeral Hme 874 874 Garden of Memory Muncie 651 651 Floral Gardens 723 723 Flint Memorial Park 731 731 Forest Lawn Cemetery MW 871 871 Forest Lawn Funeral Home 216 216 Highland Cemetery 217 217 Riverview Cemetery 219 219 St.Joseph Valley Memorial Park 663 663 Calvary Cemetery & Crematorium 647 647 Floral Lawn Memorial Gardens 652 652 Roseland Memorial Gardens 718 718 Mt. Ever Rest Memorial Park South 719 719 Mt. Ever Rest Memorial Park North 218 218 Park Lawn Cemetery & Mausoleum 3,062 3,062 3,062 4,832 9,794 9,794 9,794 3,062 3,062 3,062 4,832 9,794 9,794 9,794 500 500 500 500 500 500 500 500 500 500 500 500 500 500 3,821 3,821 3,821 4,845 14,206 14,206 14,206 3,821 3,821 3,821 4,845 14,206 14,206 14,206 3,821 3,821 3,821 4,845 14,206 14,206 14,206 3,821 3,821 3,821 4,845 14,206 14,206 14,206 3,821 3,821 3,821 4,845 14,206 14,206 14,206 3,821 3,821 3,821 4,845 14,206 14,206 14,206 5,650 5,650 5,650 13,387 19,494 19,494 19,494 4,235 4,235 4,235 4,235 13,787 14,995 14,995 500 500 500 500 500 500 500 8,350 8,350 8,350 11,161 20,566 20,566 20,566 8,350 8,350 8,350 11,161 20,566 20,566 20,566 2,141 2,141 2,141 9,059 17,171 17,171 17,171 2,141 2,141 2,141 9,059 17,171 17,171 17,171 500 500 500 500 500 500 500 500 500 500 500 500 500 500 8,350 8,350 8,350 11,161 20,566 20,566 20,566 8,350 8,350 8,350 11,161 20,566 20,566 20,566 2,141 2,141 2,141 9,059 17,171 17,171 17,171 500 500 500 500 500 500 500 4,235 4,235 4,235 4,235 13,787 14,995 14,995 4,235 4,235 4,235 4,235 13,787 14,995 14,995 4,235 4,235 4,235 4,235 13,787 14,995 14,995 4,235 4,235 4,235 4,235 13,787 14,995 14,995 4,235 4,235 4,235 4,235 13,787 14,995 14,995 8,350 8,350 8,350 11,161 20,566 20,566 20,566 4,235 4,235 4,235 4,235 13,787 14,995 14,995 4,235 4,235 4,235 4,235 13,787 14,995 14,995 2,141 2,141 2,141 9,059 17,171 17,171 17,171 9,794 92,370 9,794 92,370 500 6,000 500 6,000 14,206 129,951 14,206 129,951 14,206 129,951 14,206 129,951 14,206 129,951 14,206 129,951 19,494 186,288 14,995 135,694 500 6,000 20,566 200,742 20,566 200,742 17,171 152,848 17,171 152,848 500 6,000 500 6,000 20,566 200,742 20,566 200,742 17,171 152,848 500 6,000 14,995 135,694 14,995 135,694 14,995 135,694 14,995 135,694 14,995 135,694 20,566 200,742 14,995 135,694 14,995 135,694 17,171 152,848 9,990 119,879 9,990 119,879 510 6,120 510 6,120 14,490 173,876 14,490 173,876 14,490 173,876 14,490 173,876 14,490 173,876 14,490 173,876 19,884 238,605 15,295 183,543 510 6,120 20,978 251,732 20,978 251,732 17,514 210,171 17,514 210,171 510 6,120 510 6,120 20,978 251,732 20,978 251,732 17,514 210,171 510 6,120 15,295 183,543 15,295 183,543 15,295 183,543 15,295 183,543 15,295 183,543 20,978 251,732 15,295 183,543 15,295 183,543 17,514 210,171 10,190 122,277 10,190 122,277 520 6,242 520 6,242 14,779 177,354 14,779 177,354 14,779 177,354 14,779 177,354 14,779 177,354 14,779 177,354 20,281 243,377 15,601 187,214 520 6,242 21,397 256,766 21,397 256,766 17,865 214,374 17,865 214,374 520 6,242 520 6,242 21,397 256,766 21,397 256,766 17,865 214,374 520 6,242 15,601 187,214 15,601 187,214 15,601 187,214 15,601 187,214 15,601 187,214 21,397 256,766 15,601 187,214 15,601 187,214 17,865 214,374 10,394 124,723 10,394 124,723 531 6,367 531 6,367 15,075 180,901 15,075 180,901 15,075 180,901 15,075 180,901 15,075 180,901 15,075 180,901 20,687 248,244 15,913 190,958 531 6,367 21,825 261,901 21,825 261,901 18,222 218,662 18,222 218,662 531 6,367 531 6,367 21,825 261,901 21,825 261,901 18,222 218,662 531 6,367 15,913 190,958 15,913 190,958 15,913 190,958 15,913 190,958 15,913 190,958 21,825 261,901 15,913 190,958 15,913 190,958 18,222 218,662 10,601 127,217 10,601 127,217 541 6,495 541 6,495 15,377 184,519 15,377 184,519 15,377 184,519 15,377 184,519 15,377 184,519 15,377 184,519 21,101 253,209 16,231 194,777 541 6,495 22,262 267,140 22,262 267,140 18,586 223,035 18,586 223,035 541 6,495 541 6,495 22,262 267,140 22,262 267,140 18,586 223,035 541 6,495 16,231 194,777 16,231 194,777 16,231 194,777 16,231 194,777 16,231 194,777 22,262 267,140 16,231 194,777 16,231 194,777 18,586 223,035 220 220 Valhalla Memory Gardens & Cremato 2,141 2,141 2,141 9,059 17,171 17,171 17,171 17,171 152,848 17,514 210,171 17,865 214,374 18,222 218,662 18,586 223,035 730 730 Lincoln Cemetery 870 870 Gill Funeral Home 717 717 Sunrise Memorial Gardens 720 720 Chapel Hill Memorial Gardens 721 721 East Lawn Memorial Gardens 722 722 DeepDale Memorial Gardens 735 735 Chapel Hill Memorial Cemetery 400 400 Bronswood Cemetery 211 211 Willow Lawn Mem Pk/Aarrowood Pe 212 212 McHenry County Memorial Park 213 213 Windridge Memorial Park & Nature S 442 442 Northshore Garden of Memories 443 443 Highland Memorial Park-MW 656 656 Mount Vernon Estates 924 924 Herr Funeral Home 926 926 Sunset Hill Funeral Home 111 111 EASTLAWN CEMETERY 112 112 RIVERMONTE CEMETERY 113 113 WHITE CHAPEL CEMETERY 210 210 Memorial Park Cemetery 222 222 Highland Sacred Gardens 223 223 Memorial Park Sedalia 655 655 Forest Hill Cavalry Cemetery 876 876 Eastlawn Funeral Home 877 877 Rivermonte Funeral Home 878 878 White Chapel Funeral Home 642 642 Grand Juncon Memorial Gardens 643 643 Olinger's Evergreen Cemetery 644 644 Old Mission Wichita Park Cemetery 645 645 White Chapel Memorial Gardens 2,141 2,141 2,141 9,059 17,171 17,171 17,171 500 500 500 500 500 500 500 4,235 4,235 4,235 4,235 13,787 14,995 14,995 8,350 8,350 8,350 11,161 20,566 20,566 20,566 8,350 8,350 8,350 11,161 20,566 20,566 20,566 8,350 8,350 8,350 11,161 20,566 20,566 20,566 4,235 4,235 4,235 4,235 13,787 14,995 14,995 2,957 2,957 2,957 2,957 10,016 13,692 13,692 2,957 2,957 2,957 2,957 10,016 13,692 13,692 2,957 2,957 2,957 2,957 10,016 13,692 13,692 2,957 2,957 2,957 2,957 10,016 13,692 13,692 2,957 2,957 2,957 2,957 10,016 13,692 13,692 2,957 2,957 2,957 2,957 10,016 13,692 13,692 2,957 2,957 2,957 2,957 10,016 13,692 13,692 500 500 500 500 500 500 500 500 500 500 500 500 500 500 3,039 3,039 3,039 3,039 7,485 13,441 13,441 3,039 3,039 3,039 3,039 7,485 13,441 13,441 3,039 3,039 3,039 3,039 7,485 13,441 13,441 3,039 3,039 3,039 3,039 7,485 13,441 13,441 3,039 3,039 3,039 3,039 7,485 13,441 13,441 3,039 3,039 3,039 3,039 7,485 13,441 13,441 3,039 3,039 3,039 3,039 7,485 13,441 13,441 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 3,039 3,039 3,039 3,039 7,485 13,441 13,441 3,039 3,039 3,039 3,039 7,485 13,441 13,441 3,039 3,039 3,039 3,039 7,485 13,441 13,441 3,039 3,039 3,039 3,039 7,485 13,441 13,441 17,171 152,848 500 6,000 14,995 135,694 20,566 200,742 20,566 200,742 20,566 200,742 14,995 135,694 13,692 117,691 13,692 117,691 13,692 117,691 13,692 117,691 13,692 117,691 13,692 117,691 13,692 117,691 500 6,000 500 6,000 13,441 113,731 13,441 113,731 13,441 113,731 13,441 113,731 13,441 113,731 13,441 113,731 13,441 113,731 500 6,000 500 6,000 500 6,000 13,441 113,731 13,441 113,731 13,441 113,731 13,441 113,731 17,514 210,171 510 6,120 15,295 183,543 20,978 251,732 20,978 251,732 20,978 251,732 15,295 183,543 13,966 167,592 13,966 167,592 13,966 167,592 13,966 167,592 13,966 167,592 13,966 167,592 13,966 167,592 510 6,120 510 6,120 13,710 164,522 13,710 164,522 13,710 164,522 13,710 164,522 13,710 164,522 13,710 164,522 13,710 164,522 510 6,120 510 6,120 510 6,120 13,710 164,522 13,710 164,522 13,710 164,522 13,710 164,522 17,865 214,374 520 6,242 15,601 187,214 21,397 256,766 21,397 256,766 21,397 256,766 15,601 187,214 14,245 170,944 14,245 170,944 14,245 170,944 14,245 170,944 14,245 170,944 14,245 170,944 14,245 170,944 520 6,242 520 6,242 13,984 167,813 13,984 167,813 13,984 167,813 13,984 167,813 13,984 167,813 13,984 167,813 13,984 167,813 520 6,242 520 6,242 520 6,242 13,984 167,813 13,984 167,813 13,984 167,813 13,984 167,813 18,222 218,662 531 6,367 15,913 190,958 21,825 261,901 21,825 261,901 21,825 261,901 15,913 190,958 14,530 174,363 14,530 174,363 14,530 174,363 14,530 174,363 14,530 174,363 14,530 174,363 14,530 174,363 531 6,367 531 6,367 14,264 171,169 14,264 171,169 14,264 171,169 14,264 171,169 14,264 171,169 14,264 171,169 14,264 171,169 531 6,367 531 6,367 531 6,367 14,264 171,169 14,264 171,169 14,264 171,169 14,264 171,169 18,586 223,035 541 6,495 16,231 194,777 22,262 267,140 22,262 267,140 22,262 267,140 16,231 194,777 14,821 177,850 14,821 177,850 14,821 177,850 14,821 177,850 14,821 177,850 14,821 177,850 14,821 177,850 541 6,495 541 6,495 14,549 174,592 14,549 174,592 14,549 174,592 14,549 174,592 14,549 174,592 14,549 174,592 14,549 174,592 541 6,495 541 6,495 541 6,495 14,549 174,592 14,549 174,592 14,549 174,592 14,549 174,592 1H'20/ Month (Rollout Period) 3 Digit # 4 Digit #Name 729 825 875 519 520 521 522 523 524 525 526 527 528 530 531 532 533 534 535 661 611 637 638 639 640 641 806 821 125 126 822 823 836 837 889 121 122 123 239 355 356 863 886 887 888 238 200 201 240 607 608 610 864 636 729FAIRLAWN BURIAL PARK 825Old Mission Mortuary 875Heritage Funeral Home 519Glenview Memorial Gardens 520Greenlawn Memorial Park 521Greenlawn Memorial Park WI 522Highland Memory Gardens WI 523Knollwood Memorial Park 524Ledgeview Memorial Park 525Lincoln Memorial Cemetery WI 526Milton Lawns Memorial Park 527Roselawn Memorial Park 528Town of Milwaukee Union Cemeter 530Valhalla Memorial Park 531Roselawn Memory Gardens 532Sun Prairie Memory Garden 533Sunrise Memorial Gardens WI 534Sunset Memory Gardens 535Mormon Coulee Memorial Park 661Floral Lawn Cemetery 611Valhalla Cemetery 637Crestwood Memorial Cemetery 638Forest Lawn Gardens 639Ridout's Forest Crest Cemetery 640Ridout's Forest Hill Cemetery 641Walker Memory Gardens 806Valhalla Funeral Home,Inc 821Crestwood Memorial F.H. 125Lee Memorial Park 126East Chickasaw Memorial Park 822Ellio Funeral Home 823Ridout's Brown FH 836Elkins East Chapel 837Elkins Funeral Home 889Lee Memorial Funeral Home 121Forest Hills Cemetery-East 122Forest Hills Cemetery-South 123Forest Hills Cemetery-Midtown 239Northridge Woodhaven Cemetery 355Highland Memorial Gardens 356Ridgecrest Cemetery 863Northridge Woodhaven FH 886Forest Hills F.H. East 887Forest Hills F.H. South 888Forest Hills F.H. Midtown 238Memorial Park Southwoods 200Huntsville Memory Gardens 201Tricies Memorial Gardens 240Woodhaven Memorial Gardens 607Lakewood Memorial East 608Lakewood Memorial West 610Hamilton County Burial 864Woodhaven Chapel 636Lakeview Memory Gardens JAN 3,039 500 3,809 2,475 2,475 3,809 3,809 y3,809 3,809 3,809 3,809 3,809 - - - - - - - - 3,784 3,784 3,784 500 500 3,784 - 1,167 1,167 FEB MARAPRMAYJUNJUL 2H'20/ Month MonthlyTotal Monthly 2021 Annual MonthlyAnnual MonthlyAnnual Monthly 2022 2023 2024 Annual 3,039 500 500 3,809 2,475 2,475 3,809 2,475 2,475 3,809 3,809 3,809 3,809 3,809 3,809 3,809 2,475 3,809 2,475 3,809 3,784 3,784 3,784 3,784 3,784 3,784 500 500 500 500 3,784 1,167 1,167 1,167 1,167 500 - - - - - - - - - - - - - - - - - - 500 2,475 3,809 2,475 3,809 3,809 2,475 2,475 - - - - - - - - - - - - - - - - - - - - - - 3,784 3,784 3,784 500 500 - - - 1,167 1,167 500 - - 3,039 500 500 3,809 2,475 2,475 3,809 2,475 2,475 3,809 3,809 3,809 3,809 3,809 3,809 3,809 2,475 3,809 2,475 3,809 3,784 3,784 3,784 3,784 3,784 3,784 500 500 500 500 3,784 1,167 1,167 1,167 1,167 500 3,039 500 500 3,809 2,475 2,475 3,809 2,475 2,475 3,809 3,809 3,809 3,809 3,809 3,809 3,809 2,475 3,809 2,475 3,809 21,262 21,262 21,262 21,262 21,262 21,262 500 500 21,262 21,262 500 500 500 500 500 10,910 10,910 10,910 10,910 10,910 10,910 500 500 500 500 10,910 21,262 21,262 2,697 2,697 2,697 2,697 500 21,262 7,485 500 500 7,638 4,479 4,479 7,638 4,479 4,479 7,638 7,638 7,638 7,638 7,638 7,638 7,638 4,479 7,638 4,479 7,638 16,127 16,127 16,127 16,127 16,127 16,127 500 500 16,127 16,127 500 500 500 500 500 12,815 12,815 12,815 12,815 12,815 12,815 500 500 500 500 12,815 16,127 16,127 3,905 3,905 3,905 3,905 500 16,127 13,441 500 500 12,767 7,165 7,165 12,767 7,165 7,165 12,767 12,767 12,767 12,767 12,767 12,767 12,767 7,165 12,767 7,165 12,767 16,127 16,127 16,127 16,127 16,127 16,127 500 500 16,127 16,127 500 500 500 500 500 12,815 12,815 12,815 12,815 12,815 12,815 500 500 500 500 12,815 16,127 16,127 3,905 3,905 3,905 3,905 500 16,127 13,441 500 500 12,767 7,165 7,165 12,767 7,165 7,165 12,767 12,767 12,767 12,767 12,767 12,767 12,767 7,165 12,767 7,165 12,767 16,127 16,127 16,127 16,127 16,127 16,127 500 500 16,127 16,127 500 500 500 500 500 12,815 12,815 12,815 12,815 12,815 12,815 500 500 500 500 12,815 16,127 16,127 3,905 3,905 3,905 3,905 500 16,127 13,441 500 500 12,767 7,165 7,165 12,767 7,165 7,165 12,767 12,767 12,767 12,767 12,767 12,767 12,767 7,165 12,767 7,165 12,767 16,127 16,127 16,127 16,127 16,127 16,127 500 500 16,127 16,127 500 500 500 500 500 12,815 12,815 12,815 12,815 12,815 12,815 500 500 500 500 12,815 16,127 16,127 3,905 3,905 3,905 3,905 500 16,127 113,73113,710 6,000510 6,000 112,24413,022 64,533 64,5337,308 112,244 64,5337,308 64,533 112,24413,022 112,244 112,24413,022 112,244 112,24413,022 112,244 112,24413,022 64,533 112,24413,022 64,533 112,24413,022 150,276 150,27616,449 150,276 150,27616,449 150,276 150,27616,449 4,500 4,500510 150,276 150,27616,449 4,500 4,500510 4,500 4,500510 4,500 124,77813,071 124,778 124,77813,071 124,778 124,77813,071 124,778 6,000510 6,000 6,000510 6,000 124,77813,071 150,276 150,27616,449 37,434 37,4343,983 37,434 37,4343,983 6,000 150,27616,449 510 7,308 13,022 7,308 13,022 13,022 13,022 7,308 7,308 16,449 16,449 16,449 510 16,449 510 510 510 13,071 13,071 13,071 510 510 16,449 3,983 3,983 510 164,52213,984 6,120520 6,120 156,26713,283 87,697 87,6977,454 156,267 87,6977,454 87,697 156,26713,283 156,267 156,26713,283 156,267 156,26713,283 156,267 156,26713,283 87,697 156,26713,283 87,697 156,26713,283 197,391 197,39116,778 197,391 197,39116,778 197,391 197,39116,778 6,120 6,120520 197,391 197,39116,778 6,120 6,120520 6,120 6,120520 6,120 156,85113,332 156,851 156,85113,332 156,851 156,85113,332 156,851 6,120520 6,120 6,120520 6,120 156,85113,332 197,391 197,39116,778 47,793 47,7934,062 47,793 47,7934,062 6,120 197,39116,778 520 7,454 13,283 7,454 13,283 13,283 13,283 7,454 7,454 16,778 16,778 16,778 520 16,778 520 520 520 13,332 13,332 13,332 520 520 16,778 4,062 4,062 520 167,81314,264 6,242531 6,242 159,39313,548 89,450 89,4507,603 159,393 89,4507,603 89,450 159,39313,548 159,393 159,39313,548 159,393 159,39313,548 159,393 159,39313,548 89,450 159,39313,548 89,450 159,39313,548 201,339 201,33917,114 201,339 201,33917,114 201,339 201,33917,114 6,242 6,242531 201,339 201,33917,114 6,242 6,242531 6,242 6,242531 6,242 159,98813,599 159,988 159,98813,599 159,988 159,98813,599 159,988 6,242531 6,242 6,242531 6,242 159,98813,599 201,339 201,33917,114 48,749 48,7494,144 48,749 48,7494,144 6,242 201,33917,114 531 7,603 13,548 7,603 13,548 13,548 13,548 7,603 7,603 17,114 17,114 17,114 531 17,114 531 531 531 13,599 13,599 13,599 531 531 17,114 4,144 4,144 531 171,16914,549 6,367541 6,367 162,58013,819 91,239 91,2397,755 162,580 91,2397,755 91,239 162,58013,819 162,580 162,58013,819 162,580 162,58013,819 162,580 162,58013,819 91,239 162,58013,819 91,239 162,58013,819 205,366 205,36617,456 205,366 205,36617,456 205,366 205,36617,456 6,367 6,367541 205,366 205,36617,456 6,367 6,367541 6,367 6,367541 6,367 163,18813,871 163,188 163,18813,871 163,188 163,18813,871 163,188 6,367541 6,367 6,367541 6,367 163,18813,871 205,366 205,36617,456 49,724 49,7244,227 49,724 49,7244,227 6,367 205,36617,456 541 7,755 13,819 7,755 13,819 13,819 13,819 7,755 7,755 17,456 17,456 17,456 541 17,456 541 541 541 13,871 13,871 13,871 541 541 17,456 4,227 4,227 541 174,592 6,495 6,495 165,832 93,064 93,064 165,832 93,064 93,064 165,832 165,832 165,832 165,832 165,832 165,832 165,832 93,064 165,832 93,064 165,832 209,473 209,473 209,473 209,473 209,473 209,473 6,495 6,495 209,473 209,473 6,495 6,495 6,495 6,495 6,495 166,451 166,451 166,451 166,451 166,451 166,451 6,495 6,495 6,495 6,495 166,451 209,473 209,473 50,718 50,718 50,718 50,718 6,495 209,473 TOTALS Bi-Monthly Payment 1,042,270 1,254,629 1,431,977 2,180,291 1,090,146 3,357,442 1,678,721 3,707,495 1,853,747 3,868,924 1,934,462 3,868,924 1,934,462 36,187,648 3,946,303 ######## 47,355,632 4,025,229 2,012,614 48,302,745 4,105,733 2,052,867 49,268,800 4,187,848 2,093,924 50,254,176 (Back To Top) Section 14: EX-21.1 (EX-21.1 SUBSIDIARIES OF REGISTRANT) Subsidiary (or Managed Entity*) Name Alleghany Memorial Park LLC Alleghany Memorial Park Subsidiary, Inc. Altavista Memorial Park LLC Altavista Memorial Park Subsidiary, Inc. Arlington Development Company Augusta Memorial Park Perpetual Care Company Bethel Cemetery Association* Beth Israel Cemetery Association of Woodbridge, New Jersey* Birchlawn Burial Park LLC Birchlawn Burial Park Subsidiary, Inc. Bronswood Cemetery, Inc. Cedar Hill Funeral Home, Inc. Cemetery Investments LLC Cemetery Investments Subsidiary, Inc. Cemetery Management Services, L.L.C. Cemetery Management Services of Ohio, L.L.C. Chapel Hill Associates, Inc. Chapel Hill Funeral Home, Inc. Clover Leaf Park Cemetery Association* CMS West LLC CMS West Subsidiary LLC Columbia Memorial Park LLC Columbia Memorial Park Subsidiary, Inc. Cornerstone Family Insurance Services, Inc. Cornerstone Family Services of New Jersey, Inc. Cornerstone Family Services of West Virginia LLC Cornerstone Family Services of West Virginia Subsidiary, Inc. Cornerstone Funeral and Cremation Services LLC Cornerstone Trust Management Services LLC Covenant Acquisition LLC Covenant Acquisition Subsidiary, Inc. Covington Memorial Funeral Home, Inc. Covington Memorial Gardens, Inc. Crown Hill Cemetery Association* Subsidiaries (or Managed Entities*) of StoneMor Inc. as of December 31, 2019 Exhibit 21.1 Jurisdiction of Formation Virginia Virginia Virginia Virginia New Jersey Virginia New Jersey New Jersey Virginia Virginia Illinois Maryland Virginia Virginia Delaware Delaware Michigan Indiana New Jersey Pennsylvania Pennsylvania Maryland Maryland Delaware New Jersey West Virginia West Virginia Delaware Delaware Virginia Virginia Indiana Indiana Ohio Eloise B. Kyper Funeral Home, Inc. Forest Lawn Gardens, Inc. Forest Lawn Memorial Chapel, Inc. Forest Lawn Memory Gardens, Inc. Glen Haven Memorial Park LLC Glen Haven Memorial Park Subsidiary, Inc. Henlopen Memorial Park LLC Henlopen Memorial Park Subsidiary LLC Henry Memorial Park LLC Henry Memorial Park Subsidiary, Inc. Highland Memorial Park, Inc.* Hillside Memorial Park Association, Inc.* Juniata Memorial Park LLC Kingwood Memorial Park Association* KIRIS LLC KIRIS Subsidiary, Inc. Kirk & Nice, Inc. Kirk & Nice Suburban Chapel, Inc. Lakewood/Hamilton Cemetery LLC Lakewood/Hamilton Cemetery Subsidiary, Inc. Lakewood Memory Gardens South LLC Lakewood Memory Gardens South Subsidiary, Inc. Laurel Hill Memorial Park LLC Laurel Hill Memorial Park Subsidiary, Inc. Laurelwood Holding Company Legacy Estates, Inc. Locustwood Cemetery Association* Loewen [Virginia] LLC Loewen [Virginia] Subsidiary, Inc. Lorraine Park Cemetery LLC Lorraine Park Cemetery Subsidiary, Inc. Modern Park Development LLC Modern Park Development Subsidiary, Inc. Northlawn Memorial Gardens* Oak Hill Cemetery LLC Oak Hill Cemetery Subsidiary, Inc. Ohio Cemetery Holdings, Inc.* Osiris Holding Finance Company Osiris Holding of Maryland LLC Osiris Holding of Maryland Subsidiary, Inc. Osiris Holding of Pennsylvania LLC 2 Pennsylvania Pennsylvania Indiana Indiana Delaware Maryland Delaware Delaware Virginia Virginia Ohio Ohio Pennsylvania Ohio Virginia Virginia Pennsylvania Pennsylvania Tennessee Tennessee Georgia Georgia Virginia Virginia Pennsylvania New Jersey New Jersey Virginia Virginia Delaware Maryland Maryland Maryland Ohio Virginia Virginia Ohio Delaware Delaware Maryland Pennsylvania Osiris Holding of Rhode Island LLC Osiris Holding of Rhode Island Subsidiary, Inc. Osiris Management, Inc. Osiris Telemarketing Corp. Perpetual Gardens.Com, Inc. Plymouth Warehouse Facilities LLC Prince George Cemetery Corporation PVD Acquisitions LLC PVD Acquisitions Subsidiary, Inc. Rockbridge Memorial Gardens LLC Rockbridge Memorial Gardens Subsidiary Company Rolling Green Memorial Park LLC Rose Lawn Cemeteries LLC Rose Lawn Cemeteries Subsidiary, Incorporated Roselawn Development LLC Roselawn Development Subsidiary Corporation Russell Memorial Cemetery LLC Russell Memorial Cemetery Subsidiary, Inc. Shenandoah Memorial Park LLC Shenandoah Memorial Park Subsidiary, Inc. Sierra View Memorial Park Southern Memorial Sales LLC Southern Memorial Sales Subsidiary, Inc. Springhill Memory Gardens LLC Springhill Memory Gardens Subsidiary, Inc. Star City Memorial Sales LLC Star City Memorial Sales Subsidiary, Inc. Stephen R. Haky Funeral Home, Inc. Stitham LLC Stitham Subsidiary, Incorporated StoneMor Alabama LLC StoneMor Alabama Subsidiary, Inc. StoneMor Arkansas Subsidiary LLC StoneMor California, Inc. StoneMor California Subsidiary, Inc. StoneMor Cemetery Products LLC StoneMor Colorado LLC StoneMor Colorado Subsidiary LLC StoneMor Florida LLC StoneMor Florida Subsidiary LLC StoneMor Georgia LLC 3 Rhode Island Rhode Island New Jersey New York Delaware Delaware Virginia Virginia Virginia Virginia Virginia Pennsylvania Virginia Virginia Virginia Virginia Virginia Virginia Virginia Virginia California Virginia Virginia Maryland Maryland Virginia Virginia Pennsylvania Virginia Virginia Alabama Alabama Arkansas California California Pennsylvania Colorado Colorado Florida Florida Georgia StoneMor Georgia Subsidiary, Inc. StoneMor Hawaiian Joint Venture Group LLC StoneMor Hawaii LLC StoneMor Hawaii Subsidiary, Inc. StoneMor Holding of Pennsylvania LLC StoneMor Illinois LLC StoneMor Illinois Subsidiary LLC StoneMor Indiana LLC StoneMor Indiana Subsidiary LLC StoneMor Iowa LLC StoneMor Iowa Subsidiary LLC StoneMor Kansas LLC StoneMor Kansas Subsidiary LLC StoneMor Kentucky LLC StoneMor Kentucky Subsidiary LLC StoneMor LP Holdings, LLC StoneMor Michigan LLC StoneMor Michigan Subsidiary LLC StoneMor Mississippi LLC StoneMor Mississippi Subsidiary LLC StoneMor Missouri LLC StoneMor Missouri Subsidiary LLC StoneMor North Carolina LLC StoneMor North Carolina Subsidiary LLC StoneMor North Carolina Funeral Services, Inc. StoneMor Ohio LLC StoneMor Ohio Subsidiary, Inc. StoneMor Oklahoma LLC StoneMor Oklahoma Subsidiary LLC StoneMor Operating LLC StoneMor Oregon LLC StoneMor Oregon Subsidiary LLC StoneMor Partners L.P. StoneMor Pennsylvania LLC StoneMor Pennsylvania Subsidiary LLC StoneMor Puerto Rico LLC StoneMor Puerto Rico Cemetery and Funeral, Inc. StoneMor Puerto Rico Subsidiary LLC StoneMor South Carolina LLC StoneMor South Carolina Subsidiary LLC StoneMor Tennessee Subsidiary, Inc. 4 Georgia Hawaii Hawaii Hawaii Pennsylvania Illinois Illinois Indiana Indiana Iowa Iowa Kansas Kansas Kentucky Kentucky Delaware Michigan Michigan Mississippi Mississippi Missouri Missouri North Carolina North Carolina North Carolina Ohio Ohio Oklahoma Oklahoma Delaware Oregon Oregon Delaware Pennsylvania Pennsylvania Puerto Rico Puerto Rico Puerto Rico South Carolina South Carolina Tennessee StoneMor Washington, Inc. StoneMor Washington Subsidiary LLC StoneMor Wisconsin LLC StoneMor Wisconsin Subsidiary LLC Sunset Memorial Gardens LLC Sunset Memorial Gardens Subsidiary, Inc. Sunset Memorial Park LLC Sunset Memorial Park Subsidiary, Inc. Temple Hill LLC Temple Hill Subsidiary Corporation The Valhalla Cemetery Company LLC The Valhalla Cemetery Subsidiary Corporation Tioga County Memorial Gardens LLC Virginia Memorial Service LLC Virginia Memorial Service Subsidiary Corporation WNCI LLC W N C Subsidiary, Inc. Wicomico Memorial Parks LLC Wicomico Memorial Parks Subsidiary, Inc. Willowbrook Management Corp. Woodlawn Memorial Park Subsidiary LLC Washington Washington Wisconsin Wisconsin Virginia Virginia Maryland Maryland Virginia Virginia Alabama Alabama Pennsylvania Virginia Virginia Delaware Maryland Maryland Maryland Connecticut Pennsylvania *Entity is not a StoneMor Inc. subsidiary, but is a controlled nonprofit corporation, or a nonprofit corporation in which a StoneMor Inc. subsidiary holds a voting interest, and to which management or operating services are provided by contract with a StoneMor Inc. subsidiary. (Back To Top) 5 Section 15: EX-31.1 (EX-31.1) I, Joseph M. Redling, certify that: CERTIFICATION Exhibit 31.1 1. 2. 3. 4. I have reviewed this Annual Report on Form 10-K for the fiscal year ended December 31, 2019 (the “Annual Report”) of StoneMor Inc.; Based on my knowledge, this Annual Report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this Annual Report; Based on my knowledge, the financial statements, and other financial information included in this Annual Report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this Annual Report; The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have: (a) (b) (c) (d) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this Annual Report is being prepared; Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this Annual Report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this Annual Report based on such evaluation; and Disclosed in this Annual Report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and 5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions): (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting. Date: April 7, 2020 By: /s/ Joseph M. Redling Joseph M. Redling President and Chief Executive Officer (Principal Executive Officer) (Back To Top) Section 16: EX-31.2 (EX-31.2) I, Jeffrey DiGiovanni, certify that: CERTIFICATION Exhibit 31.2 1. 2. 3. 4. I have reviewed this Annual Report on Form 10-K for the fiscal year ended December 31, 2019 (the “Annual Report”) of StoneMor Inc.; Based on my knowledge, this Annual Report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this Annual Report; Based on my knowledge, the financial statements, and other financial information included in this Annual Report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this Annual Report; The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have: (a) (b) (c) (d) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this Annual Report is being prepared; Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this Annual Report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this Annual Report based on such evaluation; and Disclosed in this Annual Report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and 5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions): (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting. Date: April 7, 2020 By: /s/ Jeffrey DiGiovanni Jeffrey DiGiovanni Senior Vice President and Chief Financial Officer (Principal Financial Officer) (Back To Top) Section 17: EX-32.1 (EX-32.1) Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Section 1350 of Chapter 63 of Title 18 of the United States Code), the undersigned officer of StoneMor Inc. (the “Company”), does hereby certify with respect to the Annual Report on Form 10-K for the year ended December 31, 2019 (the "Annual Report") that: CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350 AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 Exhibit 32.1 1. 2. The Annual Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and The information contained in the Annual Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Date: April 7, 2020 By: /s/ Joseph M. Redling Joseph M. Redling President and Chief Executive Officer (Principal Executive Officer) The foregoing certification is being furnished solely pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Section 1350 of Chapter 63 of Title 18 of the United States Code) and is not being filed as part of the Annual Report or as a separate disclosure document. (Back To Top) Section 18: EX-32.2 (EX-32.2) Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Section 1350 of Chapter 63 of Title 18 of the United States Code), the undersigned officer of StoneMor Inc. (the “Company”), does hereby certify with respect to the Annual Report on Form 10-K for the year ended December 31, 2019 (the "Annual Report") that: CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350 AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 Exhibit 32.2 1. 2. The Annual Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and The information contained in the Annual Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Date: April 7, 2020 By: /s/ Jeffrey DiGiovanni Jeffrey DiGiovanni Senior Vice President and Chief Financial Officer (Principal Financial Officer) The foregoing certification is being furnished solely pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Section 1350 of Chapter 63 of Title 18 of the United States Code) and is not being filed as part of the Report or as a separate disclosure document. (Back To Top) 

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