ASSET PURCHASE AGREEMENT by and between BG STAFFING, LLC, as Buyer, L.J. KUSHNER & ASSOCIATES, L.L.C., as Seller, LEE J. KUSHNER, as the Selling Person, and BG STAFFING, INC., as BG ParentAsset Purchase Agreement • December 16th, 2019 • BG Staffing, Inc. • Services-help supply services • Delaware
This Asset Purchase Agreement (this “Agreement”), dated as of December 13, 2019, is made and entered into by and between BG Staffing, LLC, a Delaware limited liability company (“Buyer”), L.J. Kushner & Associates, L.L.C., a New Jersey limited liability company (“Seller”), and, solely for purposes stated herein, (i) Lee J. Kushner, an individual resident of the State of New Jersey and the majority owner of Seller (the “Selling Person”), and (ii) BG Staffing, Inc., a Delaware corporation and the parent corporation of Buyer (“BG Parent”, with Buyer, each a “Buyer Party” and together, the “Buyer Parties”).
