Transform Holdco LLC Hoffman Estates, IL 60179 Attention: Edward S. Lampert, Chief Executive Officer Ladies and Gentlemen:Merger Agreement • September 13th, 2019 • Sears Hometown & Outlet Stores, Inc. • Retail-department stores • Delaware
Reference is made to that certain Agreement and Plan of Merger (as amended, restated, supplemented or otherwise modified from time to time, the “Merger Agreement”), dated as of the date hereof, among Sears Hometown and Outlet Stores, Inc., a Delaware corporation (the “Company”), Transform Holdco LLC, a Delaware limited liability company (“Parent”), and Transform Merger Corporation, a Delaware corporation and wholly-owned subsidiary of Parent (“Merger Subsidiary”). Capitalized terms used and not otherwise defined in this letter agreement (this “Agreement”) shall have the meanings ascribed to them in the Merger Agreement.
