ASSET PURCHASE AGREEMENT Dated as of December 25, 2003 Among VGACS ACQUISITION, INC. And FAO, INC. And FAO SCHWARZ, INC.Asset Purchase Agreement • January 21st, 2004 • Fao Inc • Retail-catalog & mail-order houses • New York
This Asset Purchase Agreement (the “Agreement”) is entered into as of the 25th day of December 2003 (the “Execution Date”), by and among VGACS ACQUISITION, INC., a Delaware corporation (the “Buyer”), FAO, INC., a Delaware corporation (“FAO”), and FAO SCHWARZ, INC., a Delaware corporation (“SCHWARZ”). FAO and Schwarz are sometimes referred to herein individually as a “Seller” and together as the “Sellers.” The Buyer and the Sellers are collectively referred to herein as the “Parties.”
