0001193125-16-643556 Sample Contracts

Contract
Letter Agreement • July 7th, 2016 • Winchester Acquisition Corp. • Services-business services, nec • New York

This letter agreement contains the terms upon which Blackboard Inc. (“Bidder”) agrees to enter into discussions regarding a potential business combination transaction (a “Transaction”) with Higher One Holdings, Inc. (the “Company”). As Bidder will devote a substantial amount of resources in connection with a potential Transaction, Bidder and the Company agree the following:

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