SPONSOR WARRANTS PURCHASE AGREEMENTSponsor Warrants Purchase Agreement • April 22nd, 2011 • Azteca Acquisition Corp • Virgin Islands
This SPONSOR WARRANTS PURCHASE AGREEMENT (this “ Agreement ”) is made as of this 21st day of April, 2011 by and between Azteca Acquisition Corporation, a British Virgin Islands business company (the “ Company ”), having its principal place of business at 421 N. Beverly Drive, Suite 300, Beverly Hills, CA 90210 and Azteca Acquisition Holdings, LLC, a Delaware limited liability company (the “ Sponsor ”), having its principal place of business at 421 N. Beverly Drive, Suite 300, Beverly Hills, CA 90210.
Azteca Acquisition Corporation c/o Azteca Acquisition Holdings, LLC Beverly Hills, CA 90210Azteca Acquisition Corp • April 22nd, 2011 • Virgin Islands
We are pleased to accept the offer Azteca Acquisition Holdings, LLC (the “ Subscriber ”) has made to purchase 2,875,000 ordinary shares (the “ Shares ”) of no par value per share (the “ Ordinary Shares ”), up to 375,000 of which Shares are subject to complete or partial forfeiture (the “ forfeiture ”) by you as described in this Agreement if the underwriters of the initial public offering (“ IPO ”) of Azteca Acquisition Corporation, 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:
