Termination Agreement to Stock Purchase Agreement between Jostens, Inc. and American Achievement Holdings LLC (April 17, 2014)
Jostens, Inc. and American Achievement Holdings LLC, acting as Sellers' Representative, have mutually agreed to terminate their previous Stock Purchase Agreement dated November 19, 2013. This termination is made according to the terms specified in the original agreement, and both parties acknowledge the effects of termination as outlined in that agreement. The termination is effective as of April 17, 2014.
Exhibit 10.1
Reference is made to the Stock Purchase Agreement, dated as November 19, 2013 (the Agreement), among Jostens, Inc., a Delaware corporation (Buyer), American Achievement Group Holding Corp., a Delaware corporation, Visant Corporation, a Delaware corporation, solely with respect to Section 12.13, and each holder of outstanding equity interests of the Company, and American Achievement Holdings LLC, in its capacity as Sellers Representative. By their signatures below, Buyer and Sellers Representative herby agree to terminate the Agreement pursuant to Section 10.1.1 thereof and that such termination will have the effects set forth in Section 10.2 thereof.
JOSTENS, INC. | ||
By: | /s/ Marie D. Hlavaty | |
AMERICAN ACHIEVEMENT | ||
HOLDINGS LLC, in its capacity as Sellers | ||
Representative | ||
By: | /s/ W. Gregg Smart |
Dated: April 17th, 2014