November 8, 2016 PRIVATE AND CONFIDENTIAL Global Eagle Entertainment Inc. Los Angeles, CA 90292Stage 2 Letter Agreement • November 14th, 2016 • Global Eagle Entertainment Inc. • Communications services, nec • Delaware
Concurrently with the execution of this letter (this “Letter”), Shareco Group of America, Inc., a Delaware corporation (the “Purchaser”) and wholly-owned subsidiary of Beijing Shareco Technologies Co., Ltd., a limited company organized under the laws of the PRC (“Parent”), Global Eagle Entertainment Inc., a Delaware corporation (the “Company”), HNA Group Co., Ltd., a limited company organized under the laws of the PRC (“HNA”), and, upon execution of a joinder thereto as provided therein, Bluefocus (Beijing) Investment Management Co., Ltd., a limited company organized under the laws of the PRC, are entering into an Investment Agreement (as amended from time to time, the “Investment Agreement”).
