ASSET PURCHASE AGREEMENT BY AND AMONG PARKS! AMERICA INC., AGGIELAND-PARKS, INC. AND AGGIELAND SAFARI, LLC FERRILL CREEK RANCH, LLC VERNELL INVESTMENTS, LLC DATED AS OF APRIL 27, 2020Asset Purchase Agreement • April 30th, 2020 • Parks America, Inc • Services-miscellaneous amusement & recreation • Texas
THIS ASSET PURCHASE AGREEMENT (the “Agreement”) is made and entered into as of April 27, 2020, by and among AggieLand-Parks, Inc., a Texas corporation (“Buyer”), a wholly owned subsidiary of Parks! America, Inc., a Nevada corporation (“Parks”), Aggieland Safari, LLC, a Texas limited liability company (“Aggieland”) and Ferrill Creek Ranch LLC (“FCR”) and Vernell Investments, LLC (“Vernell”) (Vernell, Aggieland and FCR, together, are referred to herein as the “Seller” or the “Sellers”).
