EX-10.3
Fat Brands, Inc
ASSET PURCHASE AGREEMENT
BY AND AMONG
FAT BRANDS INC.,
THE OTHER SELLERS,
AND
AMAZING BRANDS, LLC
Dated:
MAY 19, 2026
TABLE OF CONTENTS
Page
Article I DEFINITIONS
2
Section 1.1
Definitions
2
Section 1.2
Interpretations
17
Article II PURCHASE AND SALE
18
Section 2.1
Purchase and Sale of Assets
18
Section 2.2
Assumed Liabilities
18
Section 2.3
Consideration; Deposit
19
Section 2.4
Closing
19
Section 2.5
Closing Payments and Deliveries
20
Section 2.6
Assumption/Rejection of Certain Contracts and Leases
21
Section 2.7
Allocation
27
Section 2.8
Wrong Pockets.
27
Section 2.9
Withholding
28
Article III SELLERS’ REPRESENTATIONS AND WARRANTIES
28
Section 3.1
Organization of Sellers; Good Standing
28
Section 3.2
Authorization of Transaction
28
Section 3.3
Noncontravention; Government Filings
29
Section 3.4
Title to Assets
29
Section 3.5
Designated Contracts
29
Section 3.6
…