0001005477-98-000610 Sample Contracts

Recitals
Stock Purchase Agreement • March 2nd, 1998 • Stage Ii Apparel Corp • Men's & boys' furnishgs, work clothg, & allied garments • New York
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Stage Ii Apparel Corp • March 2nd, 1998 • Men's & boys' furnishgs, work clothg, & allied garments

New York, New York -- STAGE II APPAREL CORP. (AMEX: SA) announced agreements for sale of a controlling interest by three of its principal shareholders to Richard Siskind, who will join the Company as CEO upon completion of the sale and related transactions. The agreements replace a purchase agreement announced in December 1997 for the Company's acquisition of Shorebreak Group, Inc. from Mr. Siskind.

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