Browse EX-10 agreements

Allocation Agreement

This Allocation Agreement (this “Agreement”) is dated as of October 6, 2026, by and between Braemar Hotels & Resorts Inc., a Maryland corporation (“Braemar”), and Ashford Inc., a Nevada corporation (“Ashford”). Braemar and Ashford are each referred to in this Agreement as a “Party” and together as the “Parties.”

Recitals:

WHEREAS, Braemar and Ashford, together with Ashford Hospitality Trust, Inc., propose to enter into that certain Cooperation and Settlement Agreement (the “Settlement Agreement”) with the Al Shams Parties, under which Braemar is the sole obligor for the Settlement Payment and under which the releases, standstill, non-disparagement, and cooperation covenants of the Al Shams Parties run for the benefit of, among others, Ashford and its affiliates and their respective present and former directors, officers, employees, agents, and representatives;

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EXECUTION VERSION

COOPERATION AND SETTLEMENT AGREEMENT

This Cooperation and Settlement Agreement (this “Agreement”) is entered into as of October 6, 2026 (the “Effective Date”), by and among Al Shams Investments Limited, a Bermuda company (“Al Shams”) and, solely for the purposes of Section 8, Wafic Rida Said, an individual (together with Al Shams, the “Al Shams Parties”), on one hand, and Braemar Hotels & Resorts Inc., a Maryland corporation (“Braemar”), Ashford Hospitality Trust, Inc., a Maryland corporation (“AHT”), and Ashford Inc., a Nevada corporation (“AINC,” and together with Braemar and AHT, the “Company Group”), on the other hand. Al Shams, Mr. Said, and each member of the Company Group are each referred to herein as a “Party” and collectively as the “Parties.”

RECITALS

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June 30, 2026

Daphne Karydas

[***]

Dear Daphne,

On behalf of Serapha Bio, Inc. (the “Company”) we are pleased to offer you (“you” or the “Executive”) employment with the Company based on the general terms that are outlined in this letter.

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June 15, 2026

Kenneth Mills

[***]

Dear Kenneth,

On behalf of RTW Newco10, Inc. (the “Company”) we are pleased to offer you (“you” or the “Executive”) employment with the Company based on the general terms that are outlined in this letter.

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**RTW NEWCO10, INC. **

***2026 EQUITY INCENTIVE PLAN ***

1.	**Purpose. **

The purpose of this 2026 Equity Incentive Plan (the “Plan”) of RTW Newco10, Inc., a Delaware corporation (the “Company”), is to advance the interests of the Company’s stockholders by enhancing the Company’s ability to attract, retain and motivate persons who are expected to make important contributions to the Company and by providing such persons with equity ownership opportunities and performance-based incentives that are intended to better align the interests of such persons with those of the Company’s stockholders. Except where the context otherwise requires, the term “Company” shall include any of the Company’s present or future parent or subsidiary corporations as defined in Sections 424(e) or (f) of the Internal Revenue Code of 1986, as amended, and any regulations promulgated thereunder (the “Code”) and any other business venture (including, without limitation, joint venture or limited liability company) in which the Com

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CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT,

MARKED BY [***], HAS BEEN OMITTED BECAUSE IT IS BOTH (I) NOT MATERIAL

AND (II) IS THE TYPE THAT REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL

**EXCLUSIVE LICENSE AGREEMENT **

**by and between **

**YolTech Therapeutics Co., Ltd **

**and **

**RTW Newco10 Inc. **

**DATED **

**June 12, 2026 **

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**TABLE OF CONTENTS **

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**FORM OF INDEMNIFICATION AGREEMENT **

THIS INDEMNIFICATION AGREEMENT (the “Agreement”) is made and entered into as of [•], 2026, by and between RTW Newco10, Inc., a Delaware corporation (the “Company”), and **[•] **(“Indemnitee”).

**WITNESSETH THAT: **

WHEREAS, highly competent persons have become more reluctant to serve corporations as directors or in other capacities unless they are provided with adequate protection through insurance or adequate indemnification against inordinate risks of claims and actions against them arising out of their service to and activities on behalf of the corporation;

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EXECUTION VERSION

COOPERATION AND SETTLEMENT AGREEMENT

This Cooperation and Settlement Agreement (this “Agreement”) is entered into as of October 6, 2026 (the “Effective Date”), by and among Al Shams Investments Limited, a Bermuda company (“Al Shams”) and, solely for the purposes of Section 8, Wafic Rida Said, an individual (together with Al Shams, the “Al Shams Parties”), on one hand, and Braemar Hotels & Resorts Inc., a Maryland corporation (“Braemar”), Ashford Hospitality Trust, Inc., a Maryland corporation (“AHT”), and Ashford Inc., a Nevada corporation (“AINC,” and together with Braemar and AHT, the “Company Group”), on the other hand. Al Shams, Mr. Said, and each member of the Company Group are each referred to herein as a “Party” and collectively as the “Parties.”

RECITALS

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Allocation Agreement

This Allocation Agreement (this “Agreement”) is dated as of October 6, 2026, by and between Braemar Hotels & Resorts Inc., a Maryland corporation (“Braemar”), and Ashford Inc., a Nevada corporation (“Ashford”). Braemar and Ashford are each referred to in this Agreement as a “Party” and together as the “Parties.”

Recitals:

WHEREAS, Braemar and Ashford, together with Ashford Hospitality Trust, Inc., propose to enter into that certain Cooperation and Settlement Agreement (the “Settlement Agreement”) with the Al Shams Parties, under which Braemar is the sole obligor for the Settlement Payment and under which the releases, standstill, non-disparagement, and cooperation covenants of the Al Shams Parties run for the benefit of, among others, Ashford and its affiliates and their respective present and former directors, officers, employees, agents, and representatives;

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Exhibit 10.15

SERIES 2026-4 ACCOUNT CONTROL AGREEMENT

among

Ford Credit Floorplan Master Owner Trust A,
as Grantor

THE BANK OF NEW YORK MELLON,
as Secured Party

and

THE BANK OF NEW YORK MELLON,
as Financial Institution

Dated as of October 1, 2026

TABLE OF CONTENTS

ARTICLE I USAGE AND DEFINITIONS	2
Section 1.1.      Usage and Definitions	2
ARTICLE II ESTABLISHMENT OF COLLATERAL ACCOUNTS	2
Section 2.1.      Description of Accounts	2
Section 2.2.      Account Changes	3
Section 2.3.      Account Types	3
Section 2.4.      Securities Accounts	3

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Exhibit 10.15

** **

** **

SERIES 2026-3 ACCOUNT CONTROL AGREEMENT

among

Ford Credit Floorplan Master Owner Trust A,
as Grantor

THE BANK OF NEW YORK MELLON,
as Secured Party

and

THE BANK OF NEW YORK MELLON,
as Financial Institution

Dated as of October 1, 2026

TABLE OF CONTENTS

ARTICLE I USAGE AND DEFINITIONS	2
Section 1.1.      Usage and Definitions	2
ARTICLE II ESTABLISHMENT OF COLLATERAL ACCOUNTS	2
Section 2.1.      Description of Accounts	2
Section 2.2.      Account Changes	3
Section 2.3.      Account Types	3
Section 2.4.      Securities Accounts	3

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**PURCHASE AGREEMENT **

**between **

**AFS SENSUB CORP. **

**Purchaser **

**and **

**AMERICREDIT FINANCIAL SERVICES, INC. **

**D/B/A GM FINANCIAL **

**Seller **

**Dated as of October 14, 2026 **

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**TABLE OF CONTENTS **

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