December 7, 2001 Morgan Stanley & Co. Incorporated 1585 Broadway New York, NY 10036 Dear Sirs and Mesdames: The undersigned understands that Morgan Stanley & Co. Incorporated ("MORGAN STANLEY") proposes to enter into an Underwriting Agreement (the...Underwriting Agreement • February 15th, 2002 • Xm Satellite Radio Holdings Inc • Communications services, nec
The undersigned understands that Morgan Stanley & Co. Incorporated ("MORGAN STANLEY") proposes to enter into an Underwriting Agreement (the "UNDERWRITING AGREEMENT") with XM Satellite Radio Holdings Inc., a Delaware corporation (the "COMPANY") providing for the public offering (the "PUBLIC OFFERING") by the several underwriters, including Morgan Stanley (the "UNDERWRITERS"), of shares (the "SHARES") of Class A Common Stock of the Company (the "COMMON STOCK") resulting in approximately $100 million in net proceeds to the Company.
