Leisure Acquisition Corp. 250 West 57th Street, Suite 2223 New York, NY 10107Leisure Acquisition Corp. • October 3rd, 2017 • Blank checks • New York
We are pleased to accept the offer Hydra Management, LLC (the “Subscriber” or “you”) has made to purchase 297,500 shares of common stock (the “Shares”), par value $0.0001 per share (the “Common Stock”), which are subject to complete or partial forfeiture by you if the underwriters of the initial public offering (“IPO”) of units of Leisure Acquisition Corp., a Delaware corporation (the “Company”), do not fully exercise their over-allotment option (the “Over-allotment Option”) or otherwise pursuant to Sections 3.2. The terms (this “Agreement”) on which the Company is willing to sell the Shares to the Subscriber, and the Company and the Subscriber’s agreements regarding such Shares, are as follows:
Leisure Acquisition Corp. 250 West 57th Street, Suite 2223 New York, NY 10107Leisure Acquisition Corp. • October 3rd, 2017 • Blank checks • New York
We are pleased to accept the offer HG Vora Special Opportunities Master Fund, Ltd. (the “Subscriber” or “you”) has made to purchase 2,845,000 shares of common stock (the “Shares”), par value $0.0001 per share (the “Common Stock”), which are subject to complete or partial forfeiture by you if the underwriters of the initial public offering (“IPO”) of units of Leisure Acquisition Corp., a Delaware corporation (the “Company”), do not fully exercise their over-allotment option (the “Over-allotment Option”) or otherwise pursuant to Sections 3.2 or 3.3. The terms (this “Agreement”) on which the Company is willing to sell the Shares to the Subscriber, and the Company and the Subscriber’s agreements regarding such Shares, are as follows:
