SPONSOR WARRANTS PURCHASE AGREEMENTWarrant Purchase Agreement • February 8th, 2011 • Global Cornerstone Holdings LTD • Virgin Islands
This SPONSOR WARRANTS PURCHASE AGREEMENT (this “Agreement”) is made as of this 4th day of February, 2011 by and between Global Cornerstone Holdings Limited, a British Virgin Islands business company (the “Company”), having its principal place of business at 641 Lexington Avenue, 28th Floor, New York, NY 10022, and Global Cornerstone Holdings LLC, a Delaware limited liability company (the “Sponsor”), having its principal place of business at 641 Lexington Avenue, 28th Floor, New York, NY 10022.
Global Cornerstone Holdings Limited c/o Global Cornerstone Holdings LLC 28th Floor New York, NY 10022Securities Subscription Agreement • February 8th, 2011 • Global Cornerstone Holdings LTD • New York
We are pleased to accept the offer Global Cornerstone Holdings LLC (the “Subscriber”) has made to purchase 1,623,529 ordinary shares (the “Shares”) no par value per share (the “Ordinary Shares”) up to 211,764 of which Shares are subject to complete or partial forfeiture (the “forfeiture”) by you if the underwriters of the initial public offering (“IPO”) of Global Cornerstone Holdings Limited, a British Virgin Islands corporation (the “Company”) do not fully exercise their over-allotment option (the “Over-allotment Option”). The terms on which the Company is willing to sell the Shares to the Subscriber, and the Company and the Subscriber’s agreements regarding such Shares, are as follows:
GLOBAL CORNERSTONE HOLDINGS LIMITEDAdministrative Services Agreement • February 8th, 2011 • Global Cornerstone Holdings LTD • New York
