ESCROW RELEASES PURCHASE AGREEMENT BY AND BETWEEN QVT Associates LP Whitebox Hedged High Yield Partners, LP Star Scientific, Inc. Star Tobacco, Inc.Purchase Agreement • March 16th, 2007 • Star Scientific Inc • Cigarettes • New York
This Escrow Releases Purchase Agreement is entered into on March 14, 2007 (the “Effective Date”), by and between QVT Associates LP, a limited partnership formed under the laws of the State of Delaware and Whitebox Hedged High Yield Partners, LP, a limited partnership formed under the laws of the British Virgin Islands (collectively, the “Purchasers”) and Star Scientific, Inc., a Delaware corporation (“STSI”) and Star Tobacco, Inc., a Virginia corporation (“STI”) (collectively, the “Sellers”). The Purchasers and the Sellers are referred to collectively herein as the “Parties.”
