ASSET PURCHASE AGREEMENTAsset Purchase Agreement • May 3rd, 2006 • Afc Enterprises Inc • Retail-eating places • Georgia
THIS ASSET PURCHASE AGREEMENT (“Agreement”) is made and entered into as of the 3rd day of April, 2006, by and among SHELTON DEVELOPMENT CO — MEMPHIS, LLC, a Louisiana limited liability company qualified and registered to do business in the State of Tennessee (f/k/a “Shelton Development Company-Bastrop, L.L.C.”) (“Memphis LLC”), SHELTON DEVELOPMENT COMPANY — NASHVILLE, LLC, a Louisiana limited liability company qualified and registered to do business in the State of Tennessee (“Nashville LLC”), and SHELTON DEVELOPMENT COMPANY — MISSISSIPPI, LLC, a Louisiana limited liability company qualified and registered to do business in the State of Mississippi (f/k/a “Shelton Development Company-Horn Lake, L.L.C.”) (“Mississippi LLC”) (Memphis LLC, Nashville LLC and Mississippi LLC are hereinafter sometimes referred to jointly and severally, as “Seller”), MICHAEL A. SHELTON, a Louisiana resident (“Michael”) and MELISSA KAY SHELTON, a Louisiana resident (“Melissa”) (Melissa and Michael are hereinaf
FIRST AMENDMENT TO PURCHASE AGREEMENTPurchase Agreement • May 3rd, 2006 • Afc Enterprises Inc • Retail-eating places
THIS FIRST AMENDMENT is made and entered into and effective as of the 28th day of April, 2006, by and among SHELTON DEVELOPMENT COMPANY, L.L.C., a Louisiana limited liability company (“SDC”), SHELTON DEVELOPMENT CO – MEMPHIS, LLC, a Louisiana limited liability company qualified and registered to do business in the State of Tennessee (f/k/a “Shelton Development Company-Bastrop, L.L.C.”) (“Memphis LLC”), SHELTON DEVELOPMENT COMPANY – NASHVILLE, LLC, a Louisiana limited liability company qualified and registered to do business in the State of Tennessee (“Nashville LLC”), and SHELTON DEVELOPMENT COMPANY – MISSISSIPPI, LLC, a Louisiana limited liability company qualified and registered to do business in the State of Mississippi (f/k/a “Shelton Development Company-Horn Lake, L.L.C.”) (“Mississippi LLC”) (SDC, Memphis LLC, Nashville LLC and Mississippi LLC are hereinafter sometimes referred to jointly and severally, as “Seller”), MICHAEL A. SHELTON, a Louisiana resident (“Michael”) and MELISS
