Barry W. Florescue c/o Renaissance Acquisition Corp. 50 E. Sample Road, Suite 400 Pompano Beach, Florida 33064
Exhibit 10.17
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c/o Renaissance Acquisition Corp.
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September 13, 2008
First Communications, Inc.
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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 ▇▇▇▇▇▇▇▇ & Co. Inc. and ▇.▇. ▇▇▇▇▇ & 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,
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AGREED TO AND ACCEPTED BY:
FIRST COMMUNICATIONS, INC.
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Title: Chief Operating Officer