LETTER AGREEMENT FOR BERGGRUEN HOLDINGS EMPLOYEES LIBERTY ACQUISITION HOLDINGS CORP.
Exhibit 10.20
LETTER AGREEMENT FOR BERGGRUEN HOLDINGS EMPLOYEES
, 2007
[BH Employee]
Dear Mr./Ms. :
This letter will confirm our agreement, that you will not present Liberty Acquisition Holdings
Corp. (the “Company”) with a potential business combination opportunity with a company (i)
with which you have had any discussions, formal or otherwise, with respect to a business
combination with another company prior to the consummation of the Company’s initial public offering
or (ii) that is competitive with any portfolio company of
Berggruen Holdings Ltd until after you
have presented the opportunity to such portfolio company and such portfolio company has determined
not to proceed with that opportunity.
[Signatures appear on Following Page]
Very truly yours, LIBERTY ACQUISITION HOLDINGS CORP. |
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By: | ||||
Name: | Xxxxxxx Xxxxxxxxx | |||
Title: | President | |||
AGREED TO AND ACCEPTED BY: |
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By: | ||||
Name: | ||||