EFTA00314773.txt

"the Investor hereby grants a power of attorney to the General Partner, making, constituting and appointing the General Partner as the Investor's attor"

"The general partner and investment manager of the Fund is ADW Capital Management, LLC"

"SS&C Technologies, Inc. serves as the Fund's administrator (the "Administrator")"

"ADW Capital Management, LLC its general partner By: Name: Adam D. Wyden Title: Manager"

"ADW Capital Management, LLC, the general partner of ADW Capital Partners, L.P."

"the Fund's administrator, SS&C Technologies, Inc. (the "Administrator")"

"the Investor has made its own independent determination to subscribe for an Interest and become a Limited Partner"

"ADW Capital Management, LLC, the general partner of the Fund"

"ADW Capital Management, LLC 1133 Broadway Suite 719 New York, NY 10010"

"The Investor must return properly completed Questionnaire(s) to the Fund before a subscription may be accepted by the General Partner"

"any other private fund managed by the General Partner"

"The power of attorney being granted by the Investor in this Section 5... may be exercised by the General Partner signing individually for the Investor"

"the Investor's investment in the Fund"

"the General Partner may require a Benefit Plan Investor to withdraw all or a portion of its Interest to the extent it deems necessary to comply with t"

"the Investor hereby grants a power of attorney to the General Partner... relating to the Fund"

"the General Partner provides investment advice to the Fund"

"The Investor acknowledges that the Fund may from time to time invest in "new issues""

"If the Investor is acting as agent, trustee, nominee, custodian, investment manager, administrator or otherwise (for such purpose, each an "Investor R"

"The Investor Representative also agrees to indemnify the Fund Parties and the Administrator"

"ADW Capital Management, LLC 1133 Broadway Suite 719 New York, NY 10010"

"Haynes and Boone LLP acts as counsel to certain of the Fund Parties in connection with the Offering of Interests"

"admits the Investor as a Limited Partner, and binds itself and the Investor to the terms of the Partnership Agreement"

"deliver payment... to the account of the Fund... JP MORGAN CHASE"

"Account Name: Goldman Sachs Execution & Clearing, L.P. (GSEC) For Further Credit to: ADW Capital Partners, L.P."

"the Investor's subscription for an Interest"

"beneficial owners of the Investor that have "opted-in" to an investment in the Fund"

"The Investor should pay the Additional Capital Contribution amount using the wiring instructions set forth below... JP MORGAN CHASE... For Further Cre"

"the Investor in this Section 5... the General Partner signing individually for the Investor or for all of the Limited Partners"

"receive answers from, the General Partner concerning the terms and conditions of the Offering, the Fund"

"The undersigned prospective investor (the "Investor") wishes to become a limited partner in ADW Capital Partners, L.P."

"other funds managed by the General Partner"

"investment activities of the Fund or any other private investment funds the investment activities of which are managed by the General Partner"

"Return completed and executed subscription documents to the Fund... ATTN: Adam D. Wyden"

"To: ADW Capital Partners, L.P. do ADW Capital Management, LLC... ATTN: Adam D. Wyden"

"Account Name: Goldman Sachs Execution & Clearing, L.P. (GSEC)... For Further Credit to: ADW Capital Partners, L.P."

"The Investor is an employee of General Partner"

"the Investor covenants and agrees... to indemnify and hold harmless each of the Fund Parties, the Administrator"

"if to the Fund Parties, c/o ADW Capital Management LLC at 1133 Broadway Suite 719, New York, NY 10010, ATTN: Adam D. Wyden"

"the Fund Parties or the Administrator may be obligated under applicable law to 'freeze the account' of the Investor"

"the Fund Parties and the Administrator may present this Agreement... to facilitate the acceptance of the Capital Contribution and management of the Fu"

"will be relied upon by the Fund Parties and the Administrator in determining the Investor's eligibility"

"the Partnership Agreement constitutes an arm's-length contract between the Investor, the other Limited Partners and the General Partner"

"Return completed and executed subscription documents to the Fund c/o ADW Capital Management, LLC ATTN: Adam D. Wyden"

"any other funds managed by the General Partner"

"please name the partners, shareholders, members, managers or other persons participating in the Investor, and the percentage interest which each such "

"In order to enable the General Partner to determine whether the Investor constitutes a person that is prohibited or restricted by FINRA from participa"

"Any questions regarding this Questionnaire should be directed to Adam D. Wyden"

"The Investor is a trust that has invested at least $1,000,000 in the Fund"

"Beneficial Owner A serves as a director of Newco"

"Beneficial Owner A... owns 7% of the Investor"