AGREEMENT FOR TRANSFER AND EXCHANGEAgreement for Transfer and Exchange • November 10th, 2008 • Terrestar Corp • Communications services, nec • New York
AGREEMENT FOR TRANSFER AND EXCHANGE (“Agreement”), dated as of September 12, 2008, between TERRESTAR CORPORATION, a Delaware corporation (“TerreStar”) and SKYTERRA COMMUNICATIONS, INC., a Delaware corporation (“SkyTerra” and, together with TerreStar, the “Parties”).
AGREEMENT FOR TRANSFER AND EXCHANGEAgreement for Transfer and Exchange • November 10th, 2008 • Skyterra Communications Inc • Communications services, nec • New York
Reference is made to that certain Stock Purchase Agreement (the “Harbinger Purchase Agreement”), dated as of September 12, 2008, by and among Harbinger Capital Partners Master Fund I, Ltd. (“Harbinger Master”), Harbinger Capital Partners Special Situations Fund, L.P. (“Harbinger Special” and, together with Harbinger Master, “Harbinger”) and Motient Ventures Holding Inc. (“Motient”), pursuant to which Harbinger will purchase from Motient 23,376,074 shares (the “Purchased Shares”) of the non-voting common stock, par value $0.01 per share (the “Non-Voting Common Stock”) of SkyTerra Communications, Inc. (the “Company”).
