DEMAND NOTEDemand Note • May 12th, 2008 • Granahan McCourt Acquisition CORP • Blank checks
FOR VALUE RECEIVED, the undersigned, Granahan McCourt Acquisition Corporation, a Delaware corporation (the “Borrower”), hereby unconditionally promises to pay, as provided below, to David C. McCourt (the “Lender”), the principal sum of two hundred and fifty thousand U.S. dollars ($250,000), by wire transfer of immediately available funds. No interest shall accrue on the unpaid principal balance of this Demand Note. Capitalized terms used and not defined herein shall have the meanings set forth in Borrower’s fourth amended and restated certificate of incorporation.
EMPLOYMENT AGREEMENTEmployment Agreement • May 12th, 2008 • Granahan McCourt Acquisition CORP • Blank checks • Delaware
THIS EMPLOYMENT AGREEMENT (the “Agreement”) is entered into as of April 24, 2008, by and between PRO BRAND INTERNATIONAL, INC., a Georgia corporation (the “Company”), GRANAHAN MCCOURT ACQUISITION CORPORATION, a Delaware corporation (“Parent”) and PHILIP SHOU (“Executive”). In consideration of the mutual covenants and agreements set forth herein, the parties agree as follows:
STOCK PURCHASE AGREEMENTStock Purchase Agreement • May 12th, 2008 • Granahan McCourt Acquisition CORP • Blank checks • New York
This STOCK PURCHASE AGREEMENT (this “Agreement”), dated as of March 25, 2008, by and between Patrick Tangney, a resident of the State of New York (“Buyer”) and David C. McCourt, a resident of the State of New Jersey (“Seller”).
STOCK PURCHASE AGREEMENTStock Purchase Agreement • May 12th, 2008 • Granahan McCourt Acquisition CORP • Blank checks • New York
This STOCK PURCHASE AGREEMENT (this “Agreement”), dated as of April 24, 2008, by and between Gopi Sundaram, resident of the State of New York (“Buyer”) and David C. McCourt, a resident of the State of New Jersey (“Seller”).
Consent of Proposed DirectorConsent of Proposed Director • May 12th, 2008 • Granahan McCourt Acquisition CORP • Blank checks
The undersigned hereby consents to serve as a director of Granahan McCourt Acquisition Corporation (the "Corporation") if the Agreement and Plan of Merger (the "Merger Agreement"), by and among Satellite Merger Corp., a Georgia corporation ("Merger Sub"), the Corporation, Pro Brand International, Inc., a Georgia corporation ("PBI"), and each of the equityholders of PBI listed therein, and the transactions contemplated by the Merger Agreement, are consummated, and to be named as a potential director of the Corporation in the Registration Statement on Form S-4 related to the Merger Agreement.
Consent of Proposed DirectorConsent of Proposed Director • May 12th, 2008 • Granahan McCourt Acquisition CORP • Blank checks
The undersigned hereby consents to serve as a director of Granahan McCourt Acquisition Corporation (the "Corporation") if the Agreement and Plan of Merger (the "Merger Agreement"), by and among Satellite Merger Corp., a Georgia corporation ("Merger Sub"), the Corporation, Pro Brand International, Inc., a Georgia corporation ("PBI"), and each of the equityholders of PBI listed therein, and the transactions contemplated by the Merger Agreement, are consummated, and to be named as a potential director of the Corporation in the Registration Statement on Form S-4 related to the Merger Agreement.
