BLOCKBUSTER INC. 150,000 Shares Purchase AgreementPurchase Agreement • November 15th, 2005 • Blockbuster Inc • Services-video tape rental • New York
Blockbuster Inc., a Delaware corporation (the “Company”), proposes to issue and sell to the several parties named in Schedule I hereto (the “Initial Purchasers”), for whom you (the “Representatives”) are acting as representatives, 150,000 shares of 7 1/2% Series A Cumulative Convertible Perpetual Preferred Stock (the “Firm Securities”). The Company also proposes to grant to the Initial Purchasers an option to purchase up to 22,500 shares to cover over-allotments, if any (the “Option Securities” and, together with the Firm Securities, the “Securities”). To the extent there are no additional parties listed on Schedule I other than you, the term Representatives as used herein shall mean you as the Initial Purchasers, and the terms Representatives and Initial Purchasers shall mean either the singular or plural as the context requires. The use of the neuter in this Agreement shall include the feminine and masculine wherever appropriate. Certain terms used herein are defined in Section 19 he
