STOCK PURCHASE AGREEMENT by and among PHILADELPHIA FOODS, INC. as the "Company" LIBERTY PROCESSING & DISTRIBUTION, INC. as "Buyer"Stock Purchase Agreement • September 29th, 2000 • Liberty Group Holdings Inc • Blank checks • New Jersey
This Security Agreement is entered into this 22nd day of September, 2000, between LIBERTY GROUP HOLDINGS, INC., a Delaware corporation whose address is 11 52nd Street, Brooklyn, New York 11232 (referred to hereinafter as "Grantor") and Marvin N. Raab...Security Agreement • September 29th, 2000 • Liberty Group Holdings Inc • Blank checks • New York
Any party may change its address for notices under this Agreement by giving formal written notice to the other parties specifying that the purpose of the notice is to change the party's address. To the extent permitted by applicable law, if there is more than one Grantor, notice to any Grantor will constitute notice to all Grantors. For notice purposes, Grantor will keep Raab informed at all times of Grantor's current address(es). 26. No Joint Venture or Partnership. The relationship of Grantor and Raab created by this Agreement is strictly that of debtor-creditor, and nothing contained in this Agreement or in any of the Related Documents shall be deemed or construed to create a partnership or joint venture between Grantor and Raab. 27. Power of Attorney. Grantor hereby appoints Raab as his true and lawful attorney-in-fact, irrevocably, with full power of substitution to do the following: (a) to demand, collect, receive, receipt for, sue and recover all sums of money or other property
