Assets of Beauty and Personal Care Shop Business

Sale of substantially all of assets of the Perfect Brow Art, Inc., et al., including all of Seller’s right, title and interest in, to and under:

• All tangible personal property owned by Seller, including, without limitation, all furniture, fixtures (to the extent not subject to the lease applicable to such fixtures) and furnishings, machinery and equipment of any nature;
• All inventory on hand as of 5:00 p.m. local time with respect to each Owned Store on the Closing Date;
• All exterior and interior signage, display and marketing materials;
• The Assumed Contracts and Leases, to the extent assigned to Buyer in accordance with the procedures set forth in this Purchase Agreement;
• All permits, licenses (other than licenses of Intellectual Property governed by clause (f) below) and authorizations required, necessary or desirable in the operation of Seller and its locations and assignable as a matter of applicable law (“Licenses”), to the extent assigned to Buyer in accordance with the procedures set forth in this Purchase Agreement;
• All of the Seller’s domestic rights and interests in and to any computer software; URL’s, websites, telephone numbers, trade names, trademarks, copyrights, and other intellectual property owned, licensed, or sub-licensed by the Seller (“Intellectual Property”) excluding Intellectual Property licensed to Seller pursuant to Contracts listed on Schedule 1.4(a) that are not Assumed Contracts;
• All of the Seller’s customer records, including Seller’s e-mail lists; and
• All goodwill of the Seller and all rights of the Seller as a franchisor that may be assigned to the Buyer.