0001193125-09-237692 Sample Contracts

FORM OF SUPPLEMENT & AMENDMENT TO WARRANT AGREEMENT
Warrant Agreement • November 18th, 2009 • Sports Properties Acquisition Corp. • Blank checks • New York

This Supplement and Amendment to the Warrant Agreement dated as of , 2010 (the “Amendment”), is executed by Sports Properties Acquisition Corp., a Delaware corporation (the “Company”), and Continental Stock Transfer & Trust Company, a New York corporation (the “Warrant Agent”).

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AMENDMENT TO INVESTMENT MANAGEMENT TRUST AGREEMENT
Investment Management Trust Agreement • November 18th, 2009 • Sports Properties Acquisition Corp. • Blank checks • New York

This Amendment (this “Amendment”), dated as of , 2010, to the Investment Management Trust Agreement (as defined below) is made by and among Sports Properties Acquisition Corp., a Delaware corporation (the “Company”), and Continental Stock Transfer & Trust Company (the “Trustee”). All terms used but not defined herein shall have the meanings assigned to them in the Agreement (as defined below).

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