exhibit 2. 1 execution version unit purchase agreement among michael w. goldman, edmund n. durden, frederick o. porter, f. staunton harkins, iii, marion w. peebles, jason m. leibowitz, graham k. hunt, kudu investment fund partners i, lp, westend advisors, llc, seller representative and victory capital holdings, inc. dated november 4, 2021 table of contents page 1. purchase and sale of units. 2 1. 1. purchase and sale of units. 2 1. 1 sale, issuance, and redemption of units2 1. 1 1. 1 sale, issuance, and redemption of units2 1. 2 closing date payments5 1. 2 1. 2 closing date payments5 1. 3 closing6 1. 3 1. 3 closing6 1. 4 post - closing adjustment6 1. 4 1. 4 post - closing adjustment6 1. 5 earnout8 1. 5 1. 5 earnout8 1. 6 withholding16 1. 6 1. 6 withholding16 1. 7 use of proceeds ; intended tax treatment17 1. 7 1. 7 use of proceeds ; intended tax treatment17 2. representations and warranties regarding the company17 2. 2. representations and warranties regarding the company17 2. 1 organization, good standing and qualification17 2. 1 2. 1 organization, good standing and qualification17 2. 2 authorization17 2. 2 2. 2 authorization17 2. 3 subsidiaries17 2. 3 2. 3 subsidiaries17 2. 4 valid issuance of units17 2. 4 2. 4 valid issuance of units17 2. 5 noncontravention ; governmental consents18 2. 5 2. 5 noncontravention ; governmental consents18 2. 6 offering18 2. 6 2. 6 offering18 2. 7 litigation18 2. 7 2. 7 litigation18 2. 8 compliance with law18 2. 8 2. 8 compliance with law18 2. 9 financial statements18 2. 9 2. 9 financial statements18 2. 10 changes19 2. 10 2. 10 changes19 2. 11 tax returns, payments and elections21 2. 11 2. 11 tax returns, payments and elections21 2. 12 material contracts22 2. 12 2. 12 material contracts22 2. 13 permits ; licenses24 2. 13 2. 13 permits ; licenses24 2. 14 registration rights24 2. 14 2