AGREEMENT OF SHARE PURCHASE AND SALE OF ASSETSShare Purchase Agreement • April 16th, 2014 • Dixie Foods International, Inc • Canned, frozen & preservd fruit, veg & food specialties • Florida
Contract Type FiledApril 16th, 2014 Company Industry JurisdictionThis AGREEMENT OF SHARE PURCHASE AND SALE OF ASSETS (this “Agreement”) dated as of April 13, 2014, is entered into by and among Dixie Foods International, Inc., a Florida corporation (“Dixie”), KCI Investments, LLC, a Nevada limited liability company (“KCI”), Robert E. Jordan, an individual (the “Indemnifying Shareholder”), and certain shareholders of Dixie as set forth on the signature pages hereto (the “Sellers”), and Joel Bernstein who is serving as the escrow agent as provided in Exhibit G herein (the “Escrow Agent”). Each of the parties to this Agreement is individually referred to herein as a “Party” and collectively, as the “Parties.” This Agreement provides for Dixie to acquire substantially all of the assets of KCI, subject to the liabilities assumed in this Agreement by Dixie and no other liabilities, and the concurrent purchase by KCI of certain of Dixie’s outstanding common stock held by the Sellers. All capitalized terms not otherwise defined herein shall have the meanings