May 31, 1994Letter Agreement Regarding Sale of Common Shares • June 29th, 2004 • Walt Disney Co/ • Services-miscellaneous amusement & recreation
This letter will memorialize the agreement of TWDC, on the one hand, and His Royal Highness Prince Alwaleed Bin Talal Bin Abdulaziz Al Saud (His Royal Highness, acting individually or through an entity wholly owned and controlled by him, hereinafter “H.R.H.”; and H.R.H. and his affiliates collectively hereinafter “Investor”), and United Saudi Commercial Bank, an affiliate of H.R.H., (together with United Saudi Commercial Bank’s affiliates, but excluding trust accounts and excluding investments directed by persons who are not affiliates, “USCB”), on the other hand, in connection with the FF 6.0 billion increase of Euro Disney SCA’s capital contemplated by the notice to Euro Disney SCA’s shareholders published in the “Bulletin des Annonces Légales Obligatoires” on 9th May 1994 (the “BALO Notice”), and with the rights offering resulting therefrom (the “Rights Offering”), pursuant to which an underwriting syndicate shall undertake to subscribe for any and all newly issued Shares that shall
