STOCK PURCHASE AGREEMENTStock Purchase Agreement • May 21st, 2008 • Ambassadors Group Inc • Services-educational services • Washington
THIS STOCK PURCHASE AGREEMENT (this “Agreement”), dated as of May 15, 2008, by and among (a) BOOKRAGS, INC., a Delaware corporation (the “Company”), (b) DAVID LIEBERMAN, a stockholder of the Company (“David”), (c) JAMES YAGMIN, a stockholder of the Company (“James”), (d) CHARLES LIEBERMAN, a stockholder of the Company (“Charles”), (e) SUE A. IDLEMAN, in her capacity as Executrix of the ESTATE OF LEE H. IDLEMAN, a stockholder of the Company (the “Idleman Estate”), and (F) AMBASSADORS GROUP, INC., a Delaware corporation, or its assigns (“Purchaser”). David, James, Charles and the Idleman Estate are sometimes referred to herein individually as a “Stockholder,” and collectively as the “Stockholders.” The Company, the Stockholders and Purchaser are sometimes referred to herein individually as a “Party,” and collectively as the “Parties.”
