PURCHASE AGREEMENT by and among FOSSIL INC., FOSSIL EUROPE B.V., FOSSIL (EAST) LIMITED, SKAGEN DESIGNS, LTD., SKAGEN DESIGNS LIMITED, THE SECURITYHOLDERS OF SKAGEN DESIGNS, LTD., SKAGEN DESIGNS HOLDING A/S, and SKAGEN DESIGNS LIMITED, AND THE...Purchase Agreement • January 11th, 2012 • Fossil Inc • Watches, clocks, clockwork operated devices/parts • Delaware
This PURCHASE AGREEMENT, dated as of January 9, 2012 (this “Agreement”), by and among Fossil Inc., a Delaware corporation (“Parent”), Fossil Europe B.V., a company incorporated under the laws of the Netherlands (“Fossil Europe”), Fossil (East) Limited, a company organized under the laws of Hong Kong (“Fossil HK” and together with Parent and Fossil Europe, “Buyers”), Skagen Designs, Ltd., a Nevada corporation (“Skagen US”), Skagen Designs Limited, a private company limited by shares under the laws of Hong Kong (“Skagen HK”), the securityholders of the Companies (as defined below) listed on the signature pages hereto (each, a “Seller” and collectively, the “Sellers”) and Charlotte K. Jorst, a citizen of the United States of America, solely in her capacity as the Representative (the “Representative”). Capitalized terms used in this Agreement will have the meanings assigned to such terms in Section 10.17 of this Agreement or in the section of this Agreement to which such term is cross-refe
