ASSET PURCHASE AGREEMENTAsset Purchase Agreement • February 18th, 2004 • Bad Toys Inc • Motorcycles, bicycles & parts • Tennessee
This Asset Purchase Agreement (the “Agreement”) dated February 4, 2004, is by and between BAD TOYS, INC., a Nevada corporation (“Buyer”); CHAMBERS AUTOMOTIVE, INC., a Tennessee corporation (“Chambers Auto”); PRECISION TRICKS CUSTOMS, INC., a Tennessee corporation (“Precision”) (with Chambers Auto and Precision collectively referred to herein as “Seller”); and JIMMY SCOTT CHAMBERS, in his capacity as the legal and beneficial owner of all the shares of Seller’s issued and outstanding capital stock (“Chambers” or “Shareholder”). Capitalized terms used in this Agreement not otherwise defined have the meanings indicated in Article 12.
