Attached files

file filename
EX-10.20 - EXHIBIT 10.20 - Nexeo Solutions, Inc.v428318_ex10-20.htm
EX-32.2 - EXHIBIT 32.2 - Nexeo Solutions, Inc.v428318_exh32x2.htm
EX-31.1 - EXHIBIT 31.1 - Nexeo Solutions, Inc.v428318_exh31x1.htm
EX-10.16 - EXHIBIT 10.16 - Nexeo Solutions, Inc.v428318_ex10-16.htm
EX-10.22 - EXHIBIT 10.22 - Nexeo Solutions, Inc.v428318_ex10-22.htm
EX-32.1 - EXHIBIT 32.1 - Nexeo Solutions, Inc.v428318_exh32x1.htm
10-K - FORM 10-K - Nexeo Solutions, Inc.v428318_10k.htm
EX-31.2 - EXHIBIT 31.2 - Nexeo Solutions, Inc.v428318_exh31x2.htm

EXHIBIT 10.24

 

SECOND WAIVER LETTER TO THE ADMINISTRATIVE SERVICES AGREEMENT, DATED
JANUARY 13, 2016, BETWEEN THE COMPANY AND WL ROSS SPONSOR LLC

 

WL Ross Sponsor LLC

c/o WL Ross & Co. LLC

1166 Avenue of the Americas

New York, NY 10036

 

January 13, 2016

WL Ross Holding Corp.

c/o WL Ross & Co. LLC

1166 Avenue of the Americas

New York, NY 10036

 

              Re: Waiver under Administrative Services Agreement

 

Gentlemen:

 

We refer to the Administrative Services Agreement by and between us and the Company dated June 5, 2014 (the “Agreement”).

 

We hereby irrevocably and unconditionally waive the $10,000 per month payment obligations (the “Administrative Fee”) of WL Ross Holding Corp. (the “Company”) that is payable to our affiliate, WL Ross & Co. LLC, for the period beginning on January 1, 2016 and ending on December 31, 2016 (the “Waiver Period”) under the Agreement. Following the Waiver Period, the Company shall continue to be obligated to pay the Administrative Fee under the Agreement to WL Ross & Co. LLC.

 

Other than the foregoing waiver expressed in this letter, the Agreement shall remain unchanged and in full force and effect.

 

 

[Signature page follows]

 

 

 

 

 

Very truly yours,

 

WL ROSS SPONSOR LLC

By: WL ROSS GROUP, L.P., its Managing Member

By: El Vedado, LLC, its General Partner

 
   

/s/ Wilbur L. Ross, Jr.

 

 
    Name: Wilbur L. Ross, Jr.  
    Title: Manager  

 

 

AGREED TO AND ACCEPTED BY:

 

  WL ROSS HOLDING CORP.
     
  By: /s/ Stephen J. Toy. 
    Name: Stephen J. Toy
    Title: President