0001437749-21-014357 Sample Contracts

LIQUIDATION AGREEMENT
Liquidation Agreement • June 9th, 2021 • Crown Crafts Inc • Broadwoven fabric mills, cotton • New York

THIS LIQUIDATION AGREEMENT (the “Agreement”), made as of this 13th day of May, 2021, by and among CROWN CRAFTS, INC., a Delaware corporation; SASSY BABY, INC. f/k/a Hamco, Inc., a Louisiana corporation; CAROUSEL DESIGNS, LLC, a Delaware limited liability company (“Carousel”); and NOJO BABY & KIDS, INC. f/k/a Crown Crafts Infant Products, Inc., a Delaware corporation (collectively, the “Companies”), and THE CIT GROUP/COMMERCIAL SERVICES, INC., a New York corporation (“CIT”).

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CONFIDENTIAL June 4, 2021 Craig Demarest
Confidential • June 9th, 2021 • Crown Crafts Inc • Broadwoven fabric mills, cotton
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