EQUITY PURCHASE AGREEMENTEquity Purchase Agreement • March 13th, 2015 • Morgans Hotel Group Co. • Hotels & motels • Delaware
This EQUITY PURCHASE AGREEMENT, dated as of December 16, 2014 (the “Agreement”), is entered into by and among MORGANS HOTEL GROUP CO., a Delaware corporation (“Parent”), MORGANS GROUP LLC, a Delaware limited liability company (“Morgans Group”), and, conditioned on and upon the execution of a joinder to this Agreement pursuant to Section 7.1, each of TEJ MANAGEMENT, LLC, a Delaware limited liability company (“TEJ”) and GALTS GULCH HOLDING COMPANY LLC, a Delaware limited liability company (“GGH”) (Morgans Group, and, if joined pursuant to Section 7.1, TEJ and GGH, collectively, the “Sellers”), and Hakkasan Holdings LLC, a Nevada limited liability company (the “Purchaser”).
