PARADISE RESTAURANT GROUP, LLC MEMBERSHIP UNIT(S) SALE AND PURCHASE AGREEMENTMembership Unit(s) Sale and Purchase Agreement • December 26th, 2012 • Lubys Inc • Retail-eating places • Delaware
Contract Type FiledDecember 26th, 2012 Company Industry JurisdictionTHIS AGREEMENT (“Agreement”) is made and entered into this the 21st day of November, 2012, by and among High Tides, LLC, a Delaware limited liability company (“High Tides”), Ticket to Paradise, LLC, a Delaware limited liability company (“Ticket”), and Open Water Holdings, LLC, a Delaware limited liability company (“Open Water”) (High Tides, Ticket, and Open Water are each a “Seller” and collectively the “Sellers”), joined herein by Paradise Restaurants Group LLC, a Delaware limited liability company (“PRG”) and PARADISE CHEESEBURGERS, LLC, a Texas limited liability company or its Assigns (hereinafter “Buyer”). The Sellers, PRG and Buyer are sometimes collectively referred to herein as the “Parties.”