FIRST MODIFICATION AND RATIFICATION OF GUARANTIESFirst Modification And • March 15th, 2010 • Morgans Hotel Group Co. • Hotels & motels
THIS FIRST MODIFICATION AND RATIFICATION of GUARANTIES (this “First Modification”) is made as of the 24th day of December 2009, by and among MORGANS GROUP LLC, a Delaware limited liability company, having an address at 475 Tenth Avenue, New York, New York 10018, Attention: Marc Gordon, Chief Investment Officer (“Morgans Guarantor”), DLJ MB IV HRH, LLC, a Delaware limited liability company, having an address c/o DLJ Merchant Banking Partners, 11 Madison Avenue, New York, New York 10010, Attention: Ryan Sprott (“DLJ Guarantor”; and collectively with Morgans Guarantor, each, individually, a “Guarantor”, and collectively, “Guarantors”), and BROOKFIELD FINANCIAL, LLC — SERIES B, a Delaware limited liability company, having an address at c/o Brookfield Real Estate Financial Partners LLC, Three World Financial Center, 200 Vesey Street, 11th Floor, New York, New York 10281 (as successor in interest to Column Financial, Inc. under the Loan (as defined below), and together with its successors an
FORBEARANCE AND WAIVER AGREEMENTForbearance and Waiver Agreement • March 15th, 2010 • Morgans Hotel Group Co. • Hotels & motels • New York
This FORBEARANCE AND WAIVER AGREEMENT (this “Agreement”), dated as of October 14, 2009, is made by and between CONCORD REAL ESTATE CDO 2006-1, LTD., an exempted company with limited liability under the laws of the Cayman Islands (“Concord CDO”), MORGANS GROUP LLC, a Delaware limited liability company (and, together with it successors and/or assigns as permitted hereunder, “Morgans”) and HENRY HUDSON SENIOR MEZZ LLC, a Delaware limited liability company (the “Hudson Borrower”).
FIRST MODIFICATION AND RATIFICATION OF GUARANTIESMorgans Hotel Group Co. • March 15th, 2010 • Hotels & motels
THIS FIRST MODIFICATION AND RATIFICATION of GUARANTIES (this “First Modification”) is made as of the 24th day of December 2009, by and among MORGANS GROUP LLC, a Delaware limited liability company, having an address at 475 Tenth Avenue, New York, New York 10018, Attention: Marc Gordon, Chief Investment Officer (“Morgans Guarantor”), DLJ MB IV HRH, LLC, a Delaware limited liability company, having an address c/o DLJ Merchant Banking Partners, 11 Madison Avenue, New York, New York 10010, Attention: Ryan Sprott (“DLJ Guarantor”; and collectively with Morgans Guarantor, each, individually, a “Guarantor”, and collectively, “Guarantors”), and NRFC WA HOLDINGS, LLC, a Delaware limited liability company, having an address at c/o NorthStar Realty Finance Corp., 399 Park Avenue, 18th Floor, New York, New York 10022 (as successor in interest to Column Financial, Inc. under the Loan (as defined below), and together with its successors and assigns, “Lender”).
EMPLOYMENT AGREEMENT FOR FRED J. KLEISNER AMENDMENT NO. 2Employment Agreement • March 15th, 2010 • Morgans Hotel Group Co. • Hotels & motels
This Amendment No. 2 to the Employment Agreement for Fred J. Kleisner (“Amendment No. 2”) is made, effective as of April 21, 2009, by and between Morgans Hotel Group Co., a Delaware corporation (the “Company”), and Fred J. Kleisner (“Executive”).
