0000950124-07-002782 Sample Contracts

STOCK REPURCHASE AGREEMENT
Stock Repurchase Agreement • May 9th, 2007 • Asset Acceptance Capital Corp • Short-term business credit institutions • Michigan

This STOCK REPURCHASE AGREEMENT (this “Agreement”) is made as of May 8, 2007, by and among ASSET ACCEPTANCE CAPITAL CORP., a Delaware corporation (the “Company”), AAC QUAD-C INVESTORS LLC, a Virginia limited liability company (“Quad-C”), NATHANIEL F. BRADLEY IV, individually and with respect to the shares beneficially owned by him and listed in Schedule I attached hereto (“Bradley”), and MARK A. REDMAN, individually and with respect to the shares beneficially owned by him and listed in Schedule I attached hereto (“Redman” and, together with Quad-C and the Bradley, each a “Seller” and collectively, the ”Sellers”).

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