SEC Info  
    Home      Search      My Interests      Help      Sign In      Please Sign In

American Standard Energy Corp. – ‘SB-2/A’ on 6/21/06 – EX-10

On:  Wednesday, 6/21/06, at 2:13pm ET   ·   Accession #:  1225279-6-97   ·   File #:  333-132948

Previous ‘SB-2’:  ‘SB-2’ on 4/3/06   ·   Next:  ‘SB-2/A’ on 8/28/06   ·   Latest:  ‘SB-2/A’ on 1/25/07

Find Words in Filings emoji
 
  in    Show  and   Hints

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 6/21/06  American Standard Energy Corp.    SB-2/A                12:1.2M                                   Heskett John

Pre-Effective Amendment to Registration of Securities by a Small-Business Issuer   —   Form SB-2
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SB-2/A      FUAHD&G SB-2/A 06.21.2006                           HTML    363K 
 2: EX-3        Exhibit 3.1                                         HTML     11K 
 3: EX-3        Exhibit 3.1.1                                       HTML      8K 
 4: EX-3        Exhibit 3.2                                         HTML    107K 
 5: EX-5        Exhibit 5.1                                         HTML     10K 
 6: EX-10       Exhibit 10.1                                        HTML    102K 
 7: EX-10       Exhibit 10.2                                        HTML     62K 
 8: EX-10       Exhibit 10.3                                        HTML     12K 
 9: EX-10       Exhibit 10.4                                        HTML    102K 
10: EX-10       Exhibit 10.5                                        HTML     62K 
11: EX-10       Exhibit 10.6                                        HTML     11K 
12: EX-23       Exhibit 23.1                                        HTML      7K 


EX-10   —   Exhibit 10.3


This exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



Assignment of Franchising Rights License Agreement

EXHIBIT 10.3


Assignment of Franchising Rights License Agreement



This Assignment of Franchising Rights License Agreement  (“Assignment”)  is made this _____ day of September, 2005, by and between Famous Uncle Al’s Hot Dogs, Inc., a Delaware corporation (“Licensee”),  Licensee’s parent corporation Famous Food Groups, Inc., a Delaware corporation (Parent), and National Franchise Directors, Inc., a Delaware corporation (“Assignee”), individually a “party” and collectively the “parties”, and provides as follows:


Recitals


Whereas Licensee entered into that Franchising Rights License Agreement dated ______ November, 2002, by and among Licensee, Famous Uncle Al’s, Inc., a Virginia corporation (“Licensor”), and Famous Uncle Al’s Franchising Corporation, a Virginia corporation (“UAF”) (the “Original Franchise Agreement”), wherein Licensee became entitled to certain exclusive franchising rights and privileges, as set forth in that Original Franchise Agreement;


Whereas the Original Franchise Agreement was amended by Supplemental Agreement dated ___ September, 2005, by and among Licensor, UAF, Licensee, and Assignee, which Supplemental Agreement expressly authorized assignment by Licensee to Assignee (the Original Franchise Agreement, as amended by the Supplemental Agreement, shall hereinafter collectively be referred to as the “Franchise Agreement”); and


Whereas Licensee, Parent, and Assignee are parties to that Settlement Agreement dated ______ September 2005 (the “Settlement Agreement”), in which it was agreed by all parties thereto that Licensee should assign its franchising rights  and interests in all existing franchises to Assignee as part of the terms and conditions of that Settlement Agreement; and


Whereas Licensee wishes to assign and transfer all of its right, title and  interest in and to, and obligations under, the Franchise Agreement to Assignee, and Assignee desires transfer of same;



Agreement


NOW THEREFORE, in consideration of the foregoing recitals and the mutual promises, covenants and conditions of the parties hereto, the receipt and sufficiency of which is hereby acknowledged, the parties do hereby covenant and agree as follows:


1.

Licensee does  hereby  grant, assign, convey and transfer  to Assignee all of Licensee’s  right, title and interest in, and its obligations under,  the Franchise Agreement, including any rights and obligations under any currently-existing franchises sublicensed by Licensee thereunder, and Licensee fully authorizes and empowers Assignee to exercise all rights as Licensee under the terms of that Franchise Agreement, and in the same manner as Licensee might or could do thereunder.


2.

Assignee hereby expressly assumes all of the terms, covenants, conditions and obligations under the terms of the Franchise Agreement, and any currently-existing franchises sublicensed by Licensee thereunder, and expressly agrees to be bound thereby, and assumes full performance of same.


3.

Except for the substitution of the “Assignee” as the  “Licensee”, all of the other terms, covenants and conditions of the Franchise Agreement  remain the same.


IN WITNESS WHEREOF, the Parties have executed this Assignment effective as of the date first written above.


Famous Uncle Al’s Hot Dogs, Inc.



By: ________________________

        James Ditanna, Director


Date: ______________________


Famous Food Groups,  Inc.


By: ________________________

James Ditanna, President


Date:   ______________________


National Franchise Directors, Inc.



By: ________________________

        Dean Valentino, President


Date: ________________________


Top
Filing Submission 0001225279-06-000097   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
AboutPrivacyRedactionsHelp — Mon., Apr. 29, 1:10:17.1pm ET