PURCHASE AGREEMENT among GSSI, LLC GLOBALSTAR, INC. LORAL/DASA GLOBALSTAR, L.P. GLOBALSTAR DO BRASIL S.A. LORAL/DASA DO BRASIL HOLDINGS LTDA. LORAL HOLDINGS LLC GLOBAL DASA LLC LGP (BERMUDA) LTD. MERCEDES-BENZ DO BRASIL LTDA. (f/k/a DAIMLERCHRYSLER DO...Partnership Interest Purchase Agreement • December 21st, 2007 • Loral Space & Communications Inc. • Radio & tv broadcasting & communications equipment • New York
THIS PARTNERSHIP INTEREST PURCHASE AGREEMENT (the “Agreement”) is made and entered into this 21st day of December, 2007, by and among GSSI, LLC, a Delaware limited liability company (“Buyer”), Globalstar, Inc., a Delaware corporation (“Globalstar”), Loral/DASA Globalstar, L.P., a Delaware limited partnership (“LDG”), Globalstar do Brasil, S.A., a Brazilian corporation (the “Operating Subsidiary”), Loral/DASA do Brasil Holdings Ltda., a Brazilian limited liability company (“Holdings”), (LDG, the Operating Subsidiary and Holdings each, a “Subsidiary” and collectively, the “Subsidiaries”), Loral Holdings LLC, a Delaware limited liability company (“Loral Holdings”), Global DASA LLC, a Delaware limited liability company (“DASA”) (Loral Holdings and DASA collectively, “Sellers”), LGP (Bermuda) Ltd., a Bermuda company (“LGP”), Mercedes-Benz do Brasil Ltda. (f/k/a DaimlerChrysler do Brasil Ltda.), a Brazilian limited liability company (“MBBras,” LGP and MBBras collectively, the “Quota Sellers”
