ASSET PURCHASE AGREEMENTAsset Purchase Agreement • January 20th, 2006 • Babyuniverse, Inc. • Retail-nonstore retailers • Florida
This ASSET PURCHASE AGREEMENT (this “Agreement”) is entered into as of January 13, 2006 by and among (i) POSHBABY, INC., a Virginia Corporation (“Purchaser”); (ii) POSH TOTS, L.L.C., a Virginia limited liability company (the “Company”); and (iii) KAREN BOOTH ADAMS and MICHAEL DRU ADAMS, being all of the members of the Company (Karen and Dru collectively, the “Members” and the Members, together with the Company, the “Selling Parties”). Certain other capitalized terms used herein are defined in Article XI and throughout this Agreement.
