ESA Management, LLC 11525N. Community House Road Suite 100 Charlotte, NC 28277

EX-10.19.4 9 d565367dex10194.htm EX-10.19.4 EX-10.19.4

Exhibit 10.19.4

ESA Management, LLC

11525 N. Community House Road

Suite 100

Charlotte, NC 28277

October 17, 2013

ACKNOWLEDGMENT OF ASSUMPTION

ESA Management, LLC (“ESA”) hereby acknowledges and agrees that effective upon the consummation of the transactions (the “Closing”) contemplated by that certain Asset Purchase Agreement dated as of October 9, 2013 by and between ESA and HVM L.L.C. (“HVM”), ESA shall assume that certain employment agreement by and between Tom Buoy and HVM entered into as of August 24, 2011, as amended by the First Amendment dated             , 2011 and the Second Amendment dated October 17, 2013 (as so amended, the “Employment Agreement”) in accordance with the terms of Section 2.1 of the Asset Purchase Agreement and Section 10 of the Employment Agreement.

In addition, ESA and Tom Buoy hereby agree and acknowledge the following clarifications and amendments to the Employment Agreement in light of the assumption to be effective as of the Closing:

 

  1. All references to “HVM L.L.C.” or the “Company” shall be deemed references to “ESA Management, LLC”.

 

  2. All references to the “Board of Managers” or to the “Manager Representatives” shall be deemed references to the “Board of Directors of Extended Stay America, Inc.”

IN WITNESS WHEREOF, the parties have executed this Acknowledgement as of the date set forth above.

 

ESA MANAGEMENT, LLC
By:  

/s/ Christopher Daniello

Name:   Christopher Daniello
Title:   Vice President and Secretary
TOM BUOY
By:  

/s/ Tom Buoy