SECURITIES EXCHANGE AGREEMENTSecurities Exchange Agreement • September 7th, 2018 • Standard General L.P. • Tobacco products • Delaware
This Securities Exchange Agreement (this “Agreement”) is entered into as of September 5, 2018, by and among (i) Standard General Master Fund L.P. (“Standard General”) and Standard Diversified Inc. (“Standard Diversified”), on the one hand, and (ii) Pegasus Real Estate Investment Group, LLC, a Florida limited liability company (“Pegasus”), David Epstein, a Florida resident (“Epstein”), Milander Investments, LLC, Delaware limited liability company (“Milander”), David Herrera, a Florida resident (“Herrera”), David Mardini, a Florida resident (“Mardini”), John M. Scott, a New York resident (“Scott”), Martin Flumenbaum, a New York resident (“Flumenbaum”), Elizabeth McColm, a New York resident (“McColm”), Robert Schumer, a New York resident (“Schumer”), Daniel Kramer, a New York resident (“Kramer”), Angelo Bonvino, a New York resident (“Bonvino”), John Lange, a Hong Kong resident (“Lange”), Mark Wlazlo, a New Jersey resident (“Wlazlo”), and Nicolas Molina solely in his capacity as Seller’s R
