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Rick's Cabaret International (RICK)
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RICK » Topics » Purchase Price for the Shares, Limited Partnership Interest and Membership Interest

This excerpt taken from the RICK 8-K filed Jan 29, 2008.
Purchase Price for the Shares, Limited Partnership Interest and Membership Interest.  The Purchaser and RCI shall pay for the purchase of the Shares, the Limited Partnership Interest and Membership Interest as follows:
 
 
(a)
$3,500,000 payable to the Partnership Seller by cash, bank check, certified funds or wire transfer at the time of Closing (as defined herein) for the Limited Partnership Interest and Membership Interest; and
 
 
(b)
195,000 shares of restricted common stock, par value $0.01 of Rick’s (the “Rick’s Shares”) issued to the Shareholder for the Shares.
 
Section 1.4                
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