The Grilled Cheese Truck, Inc. and GCT Texas Master, LLC signed a definitive agreement to acquire KOW Leasing Co., LLC and Hook & Ladder Draught House, LLC from Deepak Devaraj on August 8, 2013. The Grilled Cheese Truck, Inc. will issue 0.5 million equity shares and a warrant to Deveraj regarding the purchase of up to 250,000 shares of The Grilled Cheese Truck, Inc. exercisable at a price of $1 per share, contain customary piggyback registration rights and shall be exercisable for a period of three years. GCT Texas Master, LLC will issue Class A Membership Units equal to twenty percent of the issued and outstanding membership units in GCT Texas Master determined on a fully-diluted basis as of the closing date and Devaraj shall be admitted as a member of GCT Texas Master. Mark A. Girtz of Munsch Hardt Kopf & Harr, P.C acted as legal advisor for Hook & Ladder Draught House, LLC and KOW Leasing Co., LLC. Barry I. Grossman of Ellenoff Grossman & Schole LLP acted as legal advisor for The Grilled Cheese Truck, Inc. and GCT Texas Master, LLC.

The Grilled Cheese Truck, Inc. and GCT Texas Master, LLC completed the acquisition of KOW Leasing Co., LLC and Hook & Ladder Draught House, LLC from Deepak Devaraj on August 8, 2013.