From: Stephen Hanson czl To: Jeffre E stein , "HOWIE / SUE MUCHNICK" , Sue Schwartz Muchnick Subject: RE: Revised Separation Agreement Date: Thu, 12 Dec 2013 20:41:55 +0000 Jeff- seems like we are there. From: Ellis Rinaldi [mailto: Sent: Thursday, December 12, 2013 3:14 PM To: Steve Hanson; Barry Sternlicht Cc: Dan Yih; Eric Franklin; Stephenson, Tim; Chamas, Brandon S.; Subject: RE: Revised Separation Agreement I. NY City and AC is fine. But there is no 2 restaurants allowed concept for NY City or AC. 2. notice and cure is fine but it is 5 days notice and cure. a. Non-compete until 6-30-14. We need to stick to that as Barry so eloquently put it ... " june 30th.. qtr end. its 6 months from effectively end of this year.. which ends this friday for most people." b. Payment of $500k on earlier of June 30th or a sale is fine. but non-compete goes to june 30th. 3. we are ok with this. 4. we responded on the assignment. Please confirm we are done on that. The other 2 nits (your points 3 and 4) were obviously ok. Redraft coming your way. From: Steve Hanson [mailto: Sent: Thursday, December 12, 2013 9:29 AM To: Barry Sternlicht Cc: Dan Yih; Ellis Rinaldi; Eric Franklin; Stephenson, Tim; Charnas, Brandon S.; Subject: RE: Revised Separation Agreement Barry, We are just about there. The lawyers are reviewing the language today, and we should be able to close today or tomorrow. EFTA00685090