SEPARATION AND DISTRIBUTION AGREEMENT SEPARATION AND DISTRIBUTION AGREEMENT by and between NEWCASTLE INVESTMENT CORP. and NEW SENIOR INVESTMENT GROUP INC. dated as of October 16, 2014Separation and Distribution Agreement • November 5th, 2014 • Newcastle Investment Corp • Real estate investment trusts • New York
This SEPARATION AND DISTRIBUTION AGREEMENT (this “Agreement”) is entered into as of October 16, 2014, by and between Newcastle Investment Corp., a Maryland corporation (“Newcastle”), and New Senior Investment Group Inc., a Delaware corporation and a direct, wholly owned subsidiary of Newcastle (“New Senior”). Newcastle and New Senior are sometimes referred to herein individually as a “Party,” and collectively as the “Parties.” Capitalized terms used but not otherwise defined herein shall have the respective meanings set forth in Section 1.1.
