October 7, 2016Agreement of New Sponsor • October 13th, 2016 • Axar Acquisition Corp. • Blank checks • New York
In connection with the consummation of the transactions contemplated by that certain Agreement, dated September 16, 2016, by and among the undersigned, AR Capital Acquisition Corp. (the “Company”) and AR Capital, LLC (“ARC LLC”), as amended by the First Amendment to the Agreement, dated September 27, 2016, the undersigned hereby agrees as follows (certain capitalized terms used herein are defined in paragraph 8 hereof):
