Case MBK Doc 498 Filed 12/31/14 Entered 12/31/14 14:15:32 Desc Main Document Page 1 of 7

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1 Document Page 1 of 7 UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF NEW JERSEY Caption in compliance with D.N.J. LBR (c) McELROY, DEUTSCH, MULVANEY, & CARPENTER, LLP 1300 Mount Kemble Avenue P.O. Box 2075 Morristown, New Jersey Louis Modugno, Esq. Aaron S. Applebaum, Esq. Telephone: (973) Facsimile: (973) aapplebaum@mdmc-law.com Attorneys for Sassy 14, LLC and Angelcare Monitors, Inc. In re: KID BRANDS, INC. et al. 1, Debtors. Chapter 11 Case No.: DHS (Jointly Administered) NOTICE OF ASSUMPTION OF CERTAIN DESIGNATED CONTRACTS NOTICE IS HEREBY GIVEN, as follows: 1. On June 18, 2014, Kid Brands, Inc., and six of its subsidiaries including Sassy, Inc., filed with the Bankruptcy Court voluntary petitions for relief under Chapter 11 of Title 11 of the United States Code (the Bankruptcy Code ). 2. On July 28, 2014, the Debtors filed a motion for entry of an order (i) authorizing the sale of substantially all of the assets of Debtor Sassy, Inc. and the transfer of certain assets of certain other Debtors free and clear of liens, claims and encumbrances, subject to the receipt of higher or better offers at the Sale Hearing, (ii) authorizing the assumption and assignment of certain executory contracts and unexpired leases, (iii) extending the deadline to assume or reject 1 The Debtors in these chapter 11 cases, along with the last four digits of each Debtor s tax identification number, are: Kid Brands, Inc. (5337); Kids Line, LLC (0448); Sassy, Inc. (9722); I&J Holdco, Inc. (1543); LaJobi, Inc. (1450); CoCaLo, Inc. (3844); and RB Trademark Holdco, LLC (0611). The Debtors corporate headquarters are located at 301 Route 17 North, 6th Floor, Rutherford, New Jersey

2 Document Page 2 of 7 unexpired leases of non-residential real property and/or transfer of designation rights and (iv) granting related relief (the Sale Motion ). 3. On August 1, 2014, the Debtors filed a notice of executory contracts and unexpired leases (the Executory Contract List ) to counterparties which required the counterparty to file an objection by August 5, 2014 if the counterparty disagreed with the cure amount or the assumption/assignment of its executory contract or unexpired lease. 4. By order dated August 19, 2014, the Court approved the Sale Motion (the Sale Order ), which, inter alia, approved the Asset Purchase Agreement ( APA ) between Debtor and Sassy 14, LLC and Angelcare Monitors, Inc., as amended (collectively the Purchaser ) and the process described below. Section 2.4(b) of the APA states that With respect to any Real Property Lease or executory contract not identified in the Pre-Closing Rejection Notice, Purchaser shall have the right (the Designation Rights ), in its discretion, for a period from the Closing Date until December 31, 2014 (the Designation Period ), to specifically include or exclude any such executory Contracts and Real Property Leases to be assigned to Purchaser as it shall specify in an Designation Notice to Seller, whereupon such executory Contracts and Real Property Leases shall, to the extent included, become Purchased Assets, Assumed Agreements, and to the extent excluded, shall continue to be Excluded Assets and thereby be excluded from the Purchased Assets. 5. Pursuant to the Sale Order and agreement of parties, on August 18, 2014, the Sale closed (the Closing Date ).

3 Document Page 3 of 7 6. Notice is hereby given to the counterparties listed on Exhibit A hereto that the Designated Contracts with said counterparty will be assumed by Purchaser on the date hereof. McElroy, Deutsch, Mulvaney & Carpenter, LLC Attorneys for Purchaser Dated: December 31, 2014 By: /s/ Aaron S. Applebaum Louis A. Modugno, Esq. Aaron S. Applebaum, Esq.

4 Document Page 4 of 7 EXHIBIT A Counterparties to Designated Contracts/Leases

5 Document Page 5 of 7 ASSUMED DESIGNATED CONTRACTS Vendor (Other Party) and address Capstone Management Group 210 North Walton Blvd, Suite 30 Bentonville, AR and- SH&S Limited Partnership II, LLLP 210 North Walton Blvd., Suite 30 Bentonville, AR Ventra Grand Rapids 5 LLC 3075 Breton Road Kentwood, MI st Street SE, LLC c/o WF Holdings, Inc. 3 Split Brook Road Nashua, NH and- Ashley Grand Rapids, LLC 9810 South Dorchester Ave Chicago, IL Altantic Golf Center LTD 754 Newport Ave Attleboro, MA Grosset & Dunlap A Division of Penguin Young Readers Group 345 Hudson Street, 10 th Floor New York, NY Japonesque LLC 2420 Camino Ramon, Suite 250 Sam Ramon, CA Dadway, Inc Shin Yokohama Kohoku-ku, Yokohama City, Kanagawa Prefecture Japan Comcast Corporation Concept Drive Plymouth, MI Contract Type Trademark License Agreement Merchandising License Agreement Verbal Distribution Agreement Cure Amount $0.00 $0.00 $0.00 IT Contracts $0.00

6 Document Page 6 of 7 GXS, Inc Washington Blvd., Suite 700 Gaithersburg, MD Cervalis, LLC 4 Armstrong Rd. Shelton, CT Lisa Marks Associates 171 Westchester Ave. Suite 304-H Port Chester, NY Allegre Puericulture 420 rue d Estienne d Orves Colombes Cedex, France B.B. Net C.A. CALLE LOS CACIQUES EDIF MARSICANO PISO 3 LOCALES 10 CARACAS, Venezuela Zambus LLC NAMDONG-GOJANDONG INCHOEN, Korea Girotondo RUA JOSA JANARELLI Sao Paulo, Brazil Taime PTE LTD 514 Chai Chee Lane #06-06 Bedok Industrial Estate Singapore Diset Calle C, Nº 3, Sector B, Zona Franca Barcelona, Spain Meeso Inc 1886 STONEY COVE Troy, MI L'Hiver SA MISIONES 1554-AP.201 Montevideo, Uruguay IT Contracts $0.00 IT Contracts $ License Agreement $0.00

7 Document Page 7 of 7 P.T. Humania Adi Sukses Business Park Kebon Jeruk blok D1/11 Jalan Meruya Ilir Raya no.88 Kebon Jeruk Jakarta, Indonesia Topsville Inc th Avenue, mezzanine level New York, NY Funfare, LLC 1710 Industrial Road San Carlos, CA License Agreement $0.00 Royalty Agreement $0.00