Assisted Living Facility and Related Assets in Florida

Sale of assisted living facility known as Forest Glen Lodge and related assets of Assisted Living of Pasco, Inc., a Florida corporation d/b/a Forest Glen Lodge (the “Facility”) and the underlying real property located at 7435 Plathe Road, New Port Richey, Florida. The sale assets include but are not limited to, all right, title and interest of Sellers in, to and under the following:

• The Real Property, which is more particularly described on Schedule 1.2.1 attached hereto;
• All goodwill related to the Facility;
• Any Vehicles to be identified on Schedule 4.7 attached hereto, but which shall not include any motor vehicles which are Excluded Assets;
• All equipment, supplies, tools, fixtures, furniture, and all other tangible personal property of Sellers relating to the Facility as specifically set forth on Schedule 4.7 attached hereto;
• All Inventory;
• All Licenses to the extent such Licenses are assignable to Purchaser, if any;
• The rights of Sellers under the Resident Contracts;
• The Assumed Contracts, which shall include all Resident Contracts;
• The names of Sellers used or useable in the operation of the Facility, including but not limited to “Forest Glen Lodge”, telephone numbers, facsimile numbers, email addresses, Social Media Assets and websites of Sellers used in the operation of the Facility;
• All books and records, financial and accounting records, customer files, resident lists and records, vendor files, vendor lists and
• records, cost files and records, credit information, human resources records, business records and plans, studies, surveys, reports, correspondence, sales and promotional literature and materials, advertising and advertising copy, computer and other records, and all similar data, documents and items, wherever located, relating to the Facility (collectively, the “Books and Records”), but not including the Corporate Records of Sellers;
• All Prepaids and Deposits; and
• Any and all other assets which are not Excluded Assets and which are owned, used or usable by Sellers in connection with the conduct of the Facility whether or not necessary to conduct the Facility.

Assets for sale is more described from Page No. 61-69 on the attached PDF.