OurPet’s Company to Acquire Assets of Cosmic Pet ProductsAsset Purchase Agreement • July 1st, 2010 • Ourpets Co • Plastics products, nec
FAIRPORT HARBOR, OHIO – June 29, 2010 – (OTC BB:OPCO): OurPet’s Company (“OurPet’s), maker of the award-winning line of natural and realistic Play-N-Squeak® cat toys, has entered into an asset purchase agreement with Cosmic Pet Products (“Cosmic Pet”), a leading supplier of catnip. Under the terms of the agreement, OurPet’s will acquire certain assets of Cosmic Pet including all of its brands, such as the iconic Cosmic Catnip.
ASSET PURCHASE AGREEMENTAsset Purchase Agreement • July 1st, 2010 • Ourpets Co • Plastics products, nec • Ohio
THIS ASSET PURCHASE AGREEMENT (“Agreement”) is made and executed as of the 28th day of June, 2010 (“Effective Date”) by and among COSMIC PET PRODUCTS, INC., a Delaware corporation (“Cosmic”), CONFUSION, INC., a Maryland corporation (“Parent”), LEON SEIDMAN (“Seidman”), Cosmic, Parent and Seidman being hereinafter sometimes collectively referred to as “Seller Parties”, and OURPET’S COMPANY, a Colorado corporation (“Purchaser”).
