ASSET PURCHASE AGREEMENT by and among AMC WINGS, INC. DIVERSIFIED RESTAURANT HOLDINGS, INC., A SURE WING, LLC, and DAVID E. JONES, DOUGLAS K. TIEBER, DAVID L. JONES, THE JONES FAMILY TRUST AND THE TIEBER FAMILY TRUST dated as of May 13, 2015Asset Purchase Agreement • July 1st, 2015 • Diversified Restaurant Holdings, Inc. • Retail-eating places
This Asset Purchase Agreement (this “Agreement”) is dated May 13, 2015, (“Execution Date”) and is by and among AMC Wings, Inc., a Michigan corporation and a wholly-owned subsidiary of DRH, Inc. (“Buyer”), Diversified Restaurant Holdings, Inc., a Nevada corporation ("Parent"), A Sure Wing, LLC, a Missouri limited liability company (“ASW” or “Seller”) and David E. Jones, an individual residing in the state of Missouri (“DEJ”), Douglas K. Tieber, an individual residing in the state of Missouri (“DKT”), and David L. Jones, an individual residing part-time in the state of Indiana (“DLJ”), The David Jones Family Trust dated January 1, 2011, David E. Jones, Trustee (“Jones Trust”), and The Douglas Tieber Family Trust dated January 1, 2011, Douglas K. Tieber, Trustee (“Tieber Trust” and collectively with DEJ, DKT, DLJ, and Jones Trust shall be referred to as the “Owners”).
