INTELLECTUAL PROPERTY PURCHASE AGREEMENT AND LICENSE by and among Yalla Mediterranean, LLC, as Seller, and Yalla Mediterranean Franchising Company, LLC, as Purchaser, and, for the limited purposes set forth herein, FAT Brands Inc. and VPC SBIC I, LP...Intellectual Property Purchase Agreement and License • December 10th, 2018 • Fat Brands, Inc • Retail-eating places • California
Contract Type FiledDecember 10th, 2018 Company Industry JurisdictionIntellectual Property Purchase Agreement and License dated as of November 30, 2018 (this “Agreement”), by and among Yalla Mediterranean, LLC, a Delaware limited liability company (“Seller”), Yalla Mediterranean Franchising Company, LLC, a Delaware limited liability company (“Purchaser”), and solely for the purposes of Sections 6.2(b) and 6.5 and Article 8, FAT Brands Inc., a Delaware corporation (“FAT Brands”), and solely for the purposes of Sections 4.8 through 4.10, 6.2 and 6.4(b) and Article 7, VPC SBIC I, LP, a Delaware limited partnership (“VPC”). Capitalized terms used but not otherwise defined herein have the meanings set forth in Section 1.1.