Common Contracts

EQUITY PURCHASE AND COMMITMENT AGREEMENT

Equity Purchase and Commitment Agreement • December 20th, 2010 • New York

• Contract Type
  Equity Purchase and Commitment Agreement
• Filed
  December 20th, 2010
• Jurisdiction
  New York

WHEREAS, the Company has determined that it would be in its best interests to engage in a restructuring or recapitalization (the “Transaction”) concerning or impacting, inter alia, the balance sheet of the Company, Terrestar License Inc., Terrestar National Services Inc., 0887729 B.C. Ltd., Terrestar Networks Holdings (Canada) Inc. and Terrestar Networks (Canada) Inc. (collectively, the “TSN Debtors”);