Barry W. Florescue c/o Renaissance Acquisition Corp. 50 E. Sample Road, Suite 400 Pompano Beach, Florida 33064
Exhibit 10.17
Xxxxx X. Xxxxxxxxx
c/o Renaissance Acquisition Corp.
00 X. Xxxxxx Xxxx, Xxxxx 000
Xxxxxxx Xxxxx, Xxxxxxx 00000
September 13, 2008
First Communications, Inc.
0000 Xxxx Xxxxxx Xxxxxx
Xxxxx, Xxxx 00000
Ladies and Gentlemen:
In connection with the Agreement and Plan of Merger, entered into as of the date hereof (the “Merger Agreement”), by and among Renaissance Acquisition Corp. (“Parent”), FCI MERGER SUB I, INC., FCI MERGER SUB II, LLC, and First Communications, Inc., a Delaware corporation (the “Company”), I agree to comply with my obligations under the Stock Purchase Plan, dated January __, 2007 (the “Stock Purchase Plan”), by and among Parent, Ladenburg Xxxxxxxx & Co. Inc. and X.X. Xxxxx & Co. and that the Company shall be a third-party beneficiary of the Stock Purchase Plan in respect of the transactions contemplated by the Merger Agreement.
Very truly yours,
/s/ Xxxxx X. Xxxxxxxxx
XXXXX X. XXXXXXXXX
AGREED TO AND ACCEPTED BY:
FIRST COMMUNICATIONS, INC.
By: /s/ Xxxxxx X. Xxxxxx
Name: Xxxxxx X. Xxxxxx
Title: Chief Operating Officer