Assignment, Assumption, Joinder AND AMENDMENT Agreement JF Franchise Systems, LLCAssignment, Assumption, Joinder and Amendment Agreement • December 12th, 2013 • Chanticleer Holdings, Inc. • Services-management consulting services • North Carolina
This ASSIGNMENT, Assumption AND JOINDER Agreement (this “Agreement”) is entered into effective as of December _______, 2013 by and between Cameron M. Harris, Darrell C. Ferguson, Joseph H. Drury, and H. Keith Stoneman (individually as “Assignor”, and together as “Assignors”), Chanticleer Holdings, Inc., a Delaware corporation (as “Assignee”), and JF Franchise Systems, LLC, a North Carolina limited liability company (the “Company”). Terms capitalized herein but not otherwise defined shall have the meaning ascribed thereto in the Amended and Restated Operating Agreement of the JF Franchise Systems, LLC, a North Carolina limited liability company dated as of the 1st day of June, 2008, and in effect as of the date hereof (the “Operating Agreement”).
