ACQUISITION AGREEMENT (this "Agreement"), dated as of May 23, 1997, between NEW IMAGE LABORATORIES, INC., a California corporation having its principal place of business at 2340 Eastman Avenue, Oxnard, California 93031 (the "Seller"), THE STEPHAN CO.,...Liquidating Trust Agreement • August 13th, 1997 • Stephan Co • Perfumes, cosmetics & other toilet preparations • Florida
