asset purchase agreement by and among winnebago of indi ana, llc ( “ buyer ” ), sunnybrook manufacturing, inc. ( “ sbm ” ), its wholly - owned subsidiary sunnybrook rv, inc. ( “ rv ” ) ( sbm and rv are sometimes collectively referred to herein as “ seller ” ) and elvie j. frey, john cornelius, beverly cornelius revocable trust, susan kalb - yoder, richard marshall family trust, tommy thorton, james t. wilson and galen d. miller ( “ shareholders ” ) dated december 29, 2010 # 1903 713 v. 13 1 1 table of contents 1. definitions and usage1 1. 1definitions1 1. 2usage11 2. sale and transfer of assets ; closing12 2. 1assets of be sold12 2. 2excluded assets13 2. 3purchase price and payment of purchase price14 2. 4liabilities15 2. 5allocation17 2. 6closing17 2. 7closing obligations17 adjustment amount and payment19 2. 9adjustment procedure19 & nbsp ; 2. 10 [ reserved ] 20 & n bsp ; 3. representations and warranties of seller and shareholders20 3. 1organization and good standing20 3. 2enforceability ; authority ; no conflict20 3. 3capitalization21 3. 4financial statements22 3. 5books and records22 3. 6sufficiency of assets22 3. 7 [ reserved ] 22 3. 8description of leased real property22 3. 9 1. definitions and usage1 1. 1definitions1 1. 2usage11 2. sale and transfer of assets ; closing12 2. 1assets of be sold12 2. 2excluded assets13 2. 3purchase price and payment of purchase price14 2. 4liabilities15 2. 5allocation17 2. 6closing17 2. 7closing obligations17 1. definitions and usage1 1. 1definitions1 1. 2usage11 2. sale and transfer of assets ; closing12 2. 1assets of be sold12 2. 2excluded assets13 2. 3purchase price and payment of purchase price14 2. 4liabilities15 2. 5allocation17 2. 6closing17 2. 7closing obligations