STOCK PURCHASE AGREEMENTStock Purchase Agreement • January 8th, 2008 • Miller Lloyd I Iii • Wholesale-groceries, general line • New York
Contract Type FiledJanuary 8th, 2008 Company Industry JurisdictionThis Agreement is made this 21st day of December, 2007, by and among SYNERGY BRANDS INC., a Delaware corporation with offices at 223 Underhill Blvd., Syosset, NY 11791, (hereinafter referred to as the “Purchaser”), and MILFAM I L.P., a Georgia Limited Partnership, whose address is 4550 Gordon Drive, Naples, Florida 34102(hereinafter referred to as the “Seller”), and provides for the Purchaser to acquire any and all of the Seller’s right, title and interest in, to and under that certain common stock purchase warrant (the “Warrant”) to acquire up to fifteen percent (15%) of the shares of common stock, $0.001 par value (the “Company Common Stock”) on a fully diluted basis, of QUALITY FOOD BRANDS Inc., a Nevada Corporation, (hereinafter referred to as the “Company”), with offices at 317 Front Street, Monroe, Michigan 48161, owned by Seller.