Assets of New Jersey Restaurant Business

Sale of substantially all of assets of Festive Works, LLC and Marco Polo Restaurant & Tavern, Inc. (collectively, the “Sellers”), consist of:

• Certain lands lying in the City of Summit, County of Union, State of New Jersey designated as Block No. 402, Lot Nos. 1, 3 through 7, and 61 through 63 on the Tax Map of the City of Summit, Union County, New Jersey, as more specifically described on Exhibit A to the Stalking Horse Agreement (referred to below as the "Land");
• All buildings, structures, fixtures, and improvements presently located on the Land (the "Improvements");
• All easements, licenses, rights, and appurtenances relating to the Land and the Improvements (the "Rights");
• If and to the extent assignable, all right, title, and interest of the Sellers, if any, in and to any intangible personal property relating to the Land and the Improvements, including, without limitation, all licenses, permits, plans, specifications, operating manuals, guarantees and warranties and any structural, engineering, soil, seismic, geologic, hydrogeologic, architectural, and other reports and studies prepared by third-party consultants relating to the Land and the Improvements (the "Intangible Property"); and
• All assets, including all real and personal property, as more specifically described on Exhibit B to the Stalking Horse Agreement, including the Liquor License, owned by seller Marco Polo Restaurant & Tavern, Inc. and used to operate the restaurant situated on the Land.

Assets is more described on the attached PDF.