AGREEMENT by and among REX RADIO AND TELEVISION, INC., REX ALABAMA, INC., KELLY & COHEN APPLIANCES, INC. and STEREO TOWN, INC., as Seller, REX STORES CORPORATION, and APPLIANCE DIRECT, INC., as PurchaserPurchase Agreement • February 2nd, 2009 • Rex Stores Corp • Retail-radio, tv & consumer electronics stores • Ohio
THIS AGREEMENT (this “Agreement”) is made as of the 29th day of January, 2009 (the “Effective Date”), by and between REX RADIO AND TELEVISION, INC., an Ohio corporation (“Seller One”), KELLY & COHEN APPLIANCES, INC., an Ohio corporation (“Seller Two”), and STEREO TOWN, INC., a Georgia corporation (“Seller Three”), REX ALABAMA, INC., an Ohio corporation (“Seller Four”) (collectively, Seller One, Seller Two, Seller Three and Seller Four, “Seller”), REX STORES CORPORATION, a Delaware corporation (“REX Stores”), all having an address at 2875 Needmore Road, Dayton, OH 45414, and APPLIANCE DIRECT, INC., a Florida corporation (“Purchaser”), having an address at 397 North Babcock Street, Melbourne, Florida 32935.
