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EXHIBIT 4.4

CINEMARK HOLDINGS, INC.

STOCKHOLDERS AGREEMENT

     THIS STOCKHOLDERS AGREEMENT (this “Agreement”) is made as of August 7, 2006, among Cinemark
Holdings, Inc., a Delaware corporation (the “Company”), Madison Dearborn Capital Partners IV, L.P.,
a Delaware limited partnership (“MDCP”), each of the investors listed on the Schedule of
Mitchell Investors attached hereto (collectively, the “Mitchell Investors”), each of the
investors listed on the Schedule of Quadrangle Investors attached hereto, (collectively,
the “Quadrangle Investors”), Syufy Enterprises, LP, a California limited partnership (the “Syufy
Investor”), Century Theatres Holdings, LLC, a California limited liability company (“CTH”), each of
the executives listed on the Schedule of Executives attached hereto (collectively, the
“Executives”), Northwestern University (“NWU”), K&E Investment Partners, LLC — 2004-B DIF (“K&E”),
Piola Investments Ltd. (“Piola”) and John Madigan (“Madigan”). MDCP, the Mitchell Investors, the
Quadrangle Investors, the Syufy Investor, CTH, the Executives, NWU, K&E, Piola and Madigan are
collectively referred to herein as the “Stockholders” and individually as a “Stockholder.” Unless
otherwise specified herein, all of the capitalized terms used herein are defined in Section 13
hereof.

     WHEREAS, MDCP acquired shares of Class A Common Stock (“Cinemark Class A Common Stock”) of
Cinemark, Inc., a Delaware corporation (“Cinemark”), pursuant to the Stock Purchase Agreement
between MDCP and the Company dated as of March 12, 2004, and NWU and Madigan subsequently acquired
a portion of such shares from MDCP in accordance with the terms of the Original Agreement (as
defined below) and are Permitted Transferees of MDCP hereunder;

     WHEREAS, the Mitchell Investors and the Executives own shares of the capital stock of the
Company and, in some cases, options to acquire shares of Company Class A Common Stock;

     WHEREAS, Cinemark, MDCP, the Mitchell Investors and the Executives were parties to that
certain Stockholders Agreement dated March 12, 2004, (the “Original Agreement”);

     WHEREAS, pursuant to a securities purchase agreement dated as of December 30, 2004 (the
“Quadrangle Purchase Agreement”), the Quadrangle Investors acquired a portion of the Cinemark Class
A Common Stock held by MDCP immediately prior to the execution of the Quadrangle Purchase Agreement
and the Original Agreement was amended and restated to admit the Quadrangle Investors (as so
amended, the “First Amended Agreement”);

     WHEREAS, pursuant to a certain securities purchase agreement dated as of December 30, 2004,
K&E acquired shares of the Cinemark Class A Common Stock previously held by MDCP and became a party
to the First Amended Agreement by executing a joinder thereto in accordance with Section 14
thereof;

     WHEREAS, pursuant to a certain securities purchase agreement dated as of July 5, 2005, Piola
acquired shares of Cinemark Class A Common Stock from Cinemark and became a

 

 

party to the First Amended Agreement by executing a joinder thereto in accordance with Section 14
thereof;

     WHEREAS, pursuant to a contribution and exchange agreement dated as of the date hereof (the
“Syufy Contribution Agreement”), the Syufy Investor will receive 3,388,466 shares of Company Class
A Common Stock in exchange for the contribution (the “Syufy Contribution”) by the Syufy Investor of
certain shares of common stock of Century Theatres, Inc. (“Century”);

     WHEREAS, the Contribution is being made in connection with the Company’s and Cinemark USA,
Inc.’s acquisition of Century (the “Acquisition”) pursuant to a Stock Purchase Agreement, dated as
of the date hereof, by and among Century, the Syufy Investor, the Company and Cinemark USA, Inc.
(the “Century Stock Purchase Agreement”);

     WHEREAS, as of the date of this Agreement, CTH owns all of the issued and outstanding shares
of capital stock of Century (the “Century Shares”), and the Syufy Investor owns all of the
outstanding limited liability company interests of CTH;

     WHEREAS, prior to the closing, CTH will distribute all of the Century Shares to the Syufy
Investor and thereafter CTH will be dissolved pursuant to the Beverly-Killea Limited Liability
Company Act, as amended, immediately after which the Syufy Investor will own all of the Century
Shares and become a Stockholder hereunder;

     WHEREAS, upon the distribution of the Century Shares to the Syufy Investor by CTH, CTH will
cease to be a party to this Agreement and thereafter will have no further rights or obligations
hereunder.

     WHEREAS, immediately prior to and in connection with the Acquisition, each Stockholder will
contribute one hundred percent of such Stockholder’s shares of Cinemark Class A Common Stock and
Cinemark Preferred Stock (if any) to the Company (the “Cinemark Inc. Contribution”) in exchange for
an equivalent number of shares of Company Class A Common Stock and Company Preferred Stock,
pursuant to a Contribution Agreement dated as of the date hereof by and among the Company and the
Stockholders (the “Company Contribution Agreement”); and

     WHEREAS, the Company and the Stockholders desire to enter into this Agreement for the
purposes, among others, of (i) establishing the composition of the Company’s Board of Directors
(the “Board”), (ii) assuring continuity in the management and ownership of the Company, (iii)
limiting the manner and terms by which the Stockholder Shares may be transferred and (iv) providing
covenants for certain Stockholders, all to become effective immediately following the Cinemark Inc.
Contribution and Syufy Contribution and conditioned upon the closing of the Acquisition as more
fully described below.

     NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties
to this Agreement hereby agree as follows:

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     1. Board of Directors.

          (a) From and after the date hereof and until the provisions of this Section 1 cease to be
effective, each holder of Stockholder Shares shall vote all of such holder’s Stockholder Shares
which are voting shares and any other voting securities of the Company over which such holder has
voting control and shall take all other reasonably necessary or desirable actions within such
holder’s control (whether in such holder’s capacity as a stockholder, director, member of a Board
committee or officer of the Company or otherwise, and including, without limitation, attendance at
meetings in person or by proxy for purposes of obtaining a quorum and execution of written consents
in lieu of meetings), and the Company shall take all reasonably necessary or desirable actions
within its control (including, without limitation, calling special Board and stockholder meetings),
so that:

               (i) the authorized number of directors on the Board shall be fourteen;

               (ii) the following individuals shall be elected to the Board:

               (A) two representatives designated by the Mitchell Investors (determined by a
vote of the Mitchell Investors owning a majority of the Stockholder Shares held by
all Mitchell Investors) (the “Mitchell Directors”), who shall be initially: Lee Roy
Mitchell and one other individual to be designated by Lee Roy Mitchell;

               (B) nine representatives designated by MDCP (as may be increased pursuant to
paragraph (C) of this Section) (the “MDCP Directors”);

               (C) one representative designated by the Quadrangle Investors (the “Quadrangle
Director”), who shall initially be Peter Ezersky; provided that at such time the
Quadrangle Investors no longer have rights under this Agreement to designate the
Quadrangle Director, the number of MDCP Directors pursuant to paragraph (B) of this
Section shall be increased by one; and

               (D) two representatives designated by the Syufy Investor (the “Syufy
Directors”), who shall initially be Raymond W. Syufy and Joseph A. Syufy; provided
that at such time as the Syufy Investor no longer has rights under this Agreement to
designate one or both Syufy Directors, the authorized number of directors on the
Board shall be reduced by one or two directors, as applicable.

               (iii) the removal from the Board of any director as a result of a breach of such
director’s fiduciary duties to the Company and its stockholders under applicable law shall
be only by a vote of the holders of a majority of the Company’s outstanding Company Class A
Common Stock;

               (iv) the removal from the Board of any director for any other reason shall be only upon
the written request of the Person or Persons originally entitled to designate such director
pursuant to this Section 1(a);

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               (v) in the event that any representative designated hereunder by any Stockholder ceases
to serve as a director during his or her term in office, the resulting vacancy shall be
filled by the Person or Persons originally entitled to designate such director pursuant to
this Section 1(a);

               (vi) Lee Roy Mitchell shall serve as the Chairman of the Board; provided that, if so
requested by a majority of the members of the Board (excluding the Mitchell Directors), he
shall resign as Chairman at such time as: (A) the right of the Mitchell Investors to
designate any director terminates in accordance with Section 1(c)(i) or 1(c)(ii); or (B)
pursuant to the Employment Agreement between Lee Roy Mitchell and the Company dated as of
March 12, 2004 (the “Employment Agreement”), his employment is terminated by the Company for
Cause (as defined in the Employment Agreement) or by Lee Roy Mitchell in a Voluntary
Termination (as defined in the Employment Agreement), and in the event that Lee Roy Mitchell
ceases to serve as the Chairman of the Board, the Chairman shall be elected by a majority of
the members of the Board;

               (vii) if any party fails to designate a director to fill a vacancy on the Board
pursuant to the terms of this Section 1(a), such vacant Board position shall remain open and
unfilled until such time as the party with the right to designate a director for such a
vacancy exercises such party’s right to fill such position; and

               (viii) notwithstanding the foregoing, in the event that a Person loses its right to
designate a director in accordance with Section 1(c) below, the director designated by such
Person shall be removed at the request of a majority of the Board (excluding such director
or directors) upon the occurrence of such event and the total authorized number of directors
shall be reduced upon such action by a majority of the Board (excluding such director or
directors) by the number of directors that such Person loses its rights to designate.

          (b) The Company shall pay the reasonable out-of-pocket expenses incurred by each
director in connection with attending the meetings of the Board and any committee thereof.

          (c) Notwithstanding anything to the contrary contained herein,

               (i) the number of Mitchell Directors shall be reduced by one upon the occurrence of
each of the following events: (A) such time as the Mitchell Investors and their Permitted
Transferees hold in the aggregate less than 9% of the outstanding shares of Company Class A
Common Stock and (B) such time as the Mitchell Investors and their Permitted Transferees
hold in the aggregate less than 3% of the outstanding shares of Company Class A Common
Stock; and the rights of the Mitchell Investors under this Section 1 shall terminate
automatically and cease to have any further force or effect upon the occurrence of the event
described in clause 1(c)(i)(B) immediately above. In the event that the Mitchell Investors
and their Permitted Transferees hold in the aggregate less than 3% of the outstanding shares
of Company Class A Common Stock, the Mitchell Investors shall have the right to designate one observer to the Board (an “Observer”),

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which shall either be Lee Roy Mitchell or Tandy Mitchell. An Observer shall be entitled to
attend all meetings of the Board but shall not be entitled to (x) attend meetings of the
Board with counsel which may constitute privileged communications, (y) attend meetings of
the Board which include topics of discussion which may constitute a conflict of interest
between the Company and the Mitchell Investors, or (z) vote on any matters voted on by the
Board. The determination of whether a conflict of interest exists for purposes of clause
(y) in the immediately preceding sentence shall be made by a majority of the Board. If such
a determination is made prior to a Board meeting, the Board shall provide written notice to
the Mitchell Investors setting forth in reasonable detail the basis for such conflict of
interest. Such a determination may be made during an ongoing Board meeting by a majority of
the Board and, upon such determination, the Observer shall immediately leave the meeting.
Upon the conclusion of the discussion (including any action by the Board thereon) which
constitutes a conflict of interest between the Company and the Mitchell Investors, the
Observer shall be invited to return to the meeting. No business other than the discussion
(including any action by the Board thereon) which constitutes a conflict of interest between
the Company and the Mitchell Investors may be conducted by the Board at such an ongoing
Board meeting until the Observer has been notified in accordance with the immediately
preceding sentence. The Mitchell Investors’ right to designate an Observer shall terminate
automatically and cease to have any further force or effect upon the earlier to occur of (i)
the Observer designated under this Section 1(c)(i) is not Lee Roy Mitchell or Tandy Mitchell
and (ii) the Mitchell Investors and their Permitted Transferees cease to hold in the
aggregate at least 2% of the outstanding shares of Company Class A Common Stock. The right
of the Mitchell Investors to designate an Observer hereunder shall not be transferable or
assignable under any circumstances;

               (ii) the rights of the Mitchell Investors under this Section 1 shall terminate
automatically and cease to have any further force or effect at such time as the Mitchell
Investors and their Permitted Transferees hold, directly or indirectly, more than a 5%
interest of any business (other than the Company) that owns, operates or manages theatres
with more than 800 movie screens in the aggregate in the Western Hemisphere;

               (iii) the rights of the Quadrangle Investors under this Section 1 to designate the
Quadrangle Director shall terminate automatically and cease to have any further force or
effect at such time as the Quadrangle Investors and their Permitted Transferees hold in the
aggregate less than 3% of the outstanding shares of Company Class A Common Stock. In the
event that the Quadrangle Investors and their Permitted Transferees hold in the aggregate
less than 3% of the outstanding shares of Company Class A Common Stock, the Quadrangle
Investors shall have the right to designate an Observer, which shall be a member or employee
of Quadrangle Group, LLC. An Observer shall be entitled to attend all meetings of the Board
but shall not be entitled to (x) attend meetings of the Board with the Company’s counsel or
the Board’s special counsel which may constitute privileged communications, (y) attend
meetings of the Board which include topics of discussion which may constitute a conflict of
interest between the Company and the Quadrangle Investors or (z) vote on any matters voted
on by the Board. The determination of whether a conflict of interest exists for purpose
of

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clause (y) in the immediately preceding sentence shall be made by a majority of the
Board. If such a determination is made prior to a Board meeting, the Board shall provide
written notice to the Quadrangle Investors setting forth in reasonable detail the basis for
such conflict of interest. Such a determination may be made during an ongoing Board meeting
by a majority of the Board and upon such determination the Observer shall immediately leave
the meeting. Upon the conclusion of the discussion (including any action by the Board
thereon) which constitutes a conflict of interest between the Company and the Quadrangle
Investors, the Observer shall be invited to return to the meeting. No business other than
the discussion (including any action by the Board thereon) which constitutes a conflict of
interest between the Company and the Quadrangle Investors may be conducted by the Board at
such an ongoing Board meeting until the Observer has been notified in accordance with the
immediately preceding sentence. The Quadrangle Investors’ right to designate an Observer
shall terminate automatically and cease to have any further force or effect upon the earlier
to occur of (i) the Observer designated under this Section 1(c)(iii) is not a member or
employee of Quadrangle Group, LLC (it being understood and agreed that, should the current
Observer at any time cease to be a member or employee of Quadrangle Group, LLC, the
Quadrangle Investors’ right to designate an Observer shall not terminate unless the
Quadrangle Investors do not designate a replacement Observer who is a member or employee of
the Quadrangle Group, LLC within 5 business days thereof) and (ii) the Quadrangle Investors
and their Permitted Transferees cease to hold in the aggregate at least 2% of the
outstanding shares of Company Class A Common Stock. The rights of the Quadrangle Investors
to designate the Quadrangle Director or an Observer hereunder shall not be transferable or
assignable under any circumstances, except to a Qualified Permitted Transferee of the
Quadrangle Investors;

               (iv) the number of Syufy Directors shall be reduced by one upon the occurrence of each
of the following events: (A) such time as the Syufy Investor and its Permitted Transferees
hold in the aggregate less than 7% of the outstanding shares of Company Class A Common Stock
and (B) such time as the Syufy Investors and its Permitted Transferees hold in the aggregate
less than 3% of the outstanding shares of Company Class A Common Stock. In addition, the
rights of the Syufy Investor under this Section 1 to designate the Syufy Directors shall
terminate automatically and cease to have any further force or effect at such time as (1)
the Syufy Investor, Raymond W. Syufy or Joseph Syufy breach the terms of Section 3 of the
Non-Competition and Non-Disclosure Agreement, dated as of the date hereof, by and among the
Syufy Investor, Raymond W. Syufy, Joseph Syufy and the Company (the “Syufy Non-Competition
Agreement”) (this clause (1), a “Non-Curable Termination Event”) or (2) the Syufy Investor
or its Permitted Transferees, Raymond Syufy or Joseph Syufy (each, a “Syufy Person”) holds,
directly or indirectly, any interest of any business (other than the Company) that owns,
operates or manages movie theatres that are not drive-in theaters (a “Competing Business”)
but where such ownership would not violate Section 3 of the Syufy Non-Competition Agreement
(this clause (2), a “Curable Termination Event”); provided that the foregoing loss of rights
upon the ownership, operation or management of a Competing Business shall not apply to (i) holding up to a 5% interest in any publicly
traded company or (ii) holding an ownership interest in a Competing Business that (x)

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owns, operates or manages less than 100 screens in the aggregate in any one or more states in
which the Company does not, at the time the Syufy Person first acquires such ownership
interest, own, operate or manage a movie theater and/or (y) owns, operates or manages less
than 32 screens in the aggregate in any one or more states in which the Company, at the time
the Syufy Person first acquires such ownership interest, owns, operates or manages a movie
theater. For purposes of calculating the number of screens for purposes of clause (ii) of
the foregoing sentence, movie screens acquired by a Syufy Person following an event of
default under a lease under which the Syufy Person is the lessor and which gives such lessor
the right to regain possession of and operate such theatre shall be disregarded unless the
Syufy Person demolishes and rebuilds a new theatre on the property. In the event that the
rights of the Syufy Investor to designate the Syufy Directors terminates by reason of a
Curable Termination Event, the Syufy Investor shall have the right to cure such Curable
Termination Event and the Syufy Investor’s rights to designate the Syufy Directors shall be
reinstated at such time as there is no longer a Curable Termination Event in effect. In the
event that the Syufy Investor and their Permitted Transferees hold in the aggregate less
than 3% of the outstanding shares of Company Class A Common Stock, the Syufy Investor shall
have the right to designate an Observer, which shall be a director of the general partner
of, or an executive officer of, Syufy Enterprises; provided, however, that this right to
designate an Observer shall not be granted to the Syufy Investor if the Syufy Investor is in
violation of the terms of the preceding sentence. An Observer shall be entitled to attend
all meetings of the Board but shall not be entitled to (x) attend meetings of the Board with
the Company’s counsel or the Board’s special counsel which may constitute privileged
communications, (y) attend meetings of the Board which include topics of discussion which
may constitute a conflict of interest between the Company and the Syufy Investor or (z) vote
on any matters voted on by the Board. The determination of whether a conflict of interest
exists for purpose of clause (y) in the immediately preceding sentence shall be made by a
majority of the Board. If such a determination is made prior to a Board meeting, the Board
shall provide written notice to the Syufy Investor setting forth in reasonable detail the
basis for such conflict of interest. Such a determination may be made during an ongoing
Board meeting by a majority of the Board and upon such determination the Observer shall
immediately leave the meeting. Upon the conclusion of the discussion (including any action
by the Board thereon) which constitutes a conflict of interest between the Company and the
Syufy Investor, the Observer shall be invited to return to the meeting. No business other
than the discussion (including any action by the Board thereon) which constitutes a conflict
of interest between the Company and the Syufy Investor may be conducted by the Board at such
an ongoing Board meeting until the Observer has been notified in accordance with the
immediately preceding sentence. The Syufy Investor’s right to designate an Observer shall
terminate automatically and cease to have any further force or effect upon the earlier to
occur of (i) the Observer designated under this Section 1(c)(iii) is not a director of the
general partner or an executive officer of Syufy Enterprises (it being understood and agreed
that, should the current Observer at any time cease to be a director of the general partner
or an executive officer of Syufy Enterprises, the Syufy Investor’s right to designate an Observer shall not terminate unless the Syufy Investor
does not designate a replacement Observer who is a member of the board of directors of the
general partner or an executive officer of Syufy Enterprises

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within 5 business days thereof)
and (ii) the Syufy Investor and their Permitted Transferees cease to hold in the aggregate
at least 2% of the outstanding shares of Company Class A Common Stock. The rights of the
Syufy Investor to designate the Syufy Directors or an Observer hereunder shall not be
transferable or assignable under any circumstances, except to a Qualified Permitted
Transferee of the Syufy Investor; and

               (v) the rights of MDCP under this Section 1 shall terminate automatically and cease to
have any further force or effect at such time as MDCP and its Permitted Transferees hold in
the aggregate less than 5% of the outstanding shares of Company Class A Common Stock
provided that MDCP may assign its right to designate (A) any number of directors that MDCP
is entitled to designate hereunder to any Person or group of affiliated Persons who acquires
more than 50% of the shares of Company Class A Common Stock held by MDCP on the date of this
Agreement (as such number may be adjusted from time to time to give effect to stock splits
or other similar adjustments to the capitalization of the Company), and (B) two of the
directors MDCP is entitled to designate hereunder to any Person or group of affiliated
Persons who acquires less than 50% of the shares of Company Class A Common Stock held by
MDCP on the date of this Agreement (as such number may be adjusted from time to time to give
effect to stock splits or other similar adjustments to the capitalization of the Company).

          (d) The provisions of this Section 1 shall terminate automatically and cease to have any
further force or effect upon the consummation of a Sale of the Company.

     2. Representations and Warranties; Voting Agreements.

          (a) Each Stockholder represents and warrants that (i) after giving effect to the transactions
contemplated by the Syufy Contribution Agreement, such Stockholder is the record owner of the
number of Stockholder Shares set forth opposite its name on the Schedules attached hereto, free and
clear of all liens and encumbrances, (ii) this Agreement has been duly authorized, executed and
delivered by such Stockholder and constitutes the valid and binding obligation of such Stockholder,
enforceable in accordance with its terms, (iii) such Stockholder has not granted and is not a party
to any proxy, voting trust or other agreement which is inconsistent with, conflicts with or
violates any provision of this Agreement, (iv) as of the date hereof, the number of shares of
common stock of the Company which such Stockholder owns of record and the number of shares of
common stock of the Company issuable upon exercise of options owned by such Stockholder are set
forth opposite such Stockholder’s name on the schedules attached hereto, (v) except as set forth on
such schedules, such Stockholder does not own any shares of capital stock issued by the Company or
any of its Subsidiaries or any other securities or rights to acquire securities of the Company or
any of its Subsidiaries, and (vi) such Stockholder has not received and is not entitled to receive
any payments or other compensation from the Company or any of its Subsidiaries or any other party
as a result of or in connection with the transactions contemplated by the Syufy Contribution
Agreement. In addition, Lee Roy Mitchell and The Mitchell Special Trust represent and warrant that
Lee Roy Mitchell is one of two trustees of such trust, and such trust is solely for the benefit of members of Lee Roy
Mitchell’s Family Group.

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          (b) No Stockholder has granted, and from and after the date hereof no Stockholder shall grant,
any proxy or become party to any voting trust or other agreement that is inconsistent with,
conflicts with or violates any provision of this Agreement.

     3. Restrictions on Transfer of Stockholder Shares.

          (a) Transfer of Stockholder Shares. No holder of Stockholder Shares shall sell,
transfer, assign or otherwise dispose of (whether with or without consideration and whether
voluntarily or involuntarily or by operation of law, but excluding by way of merger or
consolidation) any interest in his Stockholder Shares (a “Transfer”), except pursuant to this
Agreement. Any Transfer or attempted Transfer of any Stockholder Shares in violation of any
provision of this Agreement shall be void, and the Company shall not record such Transfer on its
books or treat any purported transferee of such Stockholder Shares as the owner of such shares for
any purpose.

          (b) Exempt Transfers.

               (i) Subject to the provisions in Section 3(b)(ii), the restrictions set forth in this Section
3 shall not apply to any Transfer by a Stockholder with respect to any of the following Transfers
(each an “Exempt Transfer”):

          (A) any Transfer of Stockholder Shares by a Stockholder who is not a natural person to
such Stockholder’s Affiliates, and in the case of MDCP, the Quadrangle Investors, any
Transfer which constitutes an in-kind distribution to its partners (and, in connection with
or following any such distribution, an in-kind distribution by the general partner of MDCP
or any of the Quadrangle Investors to its partners);

          (B) in the case of a Stockholder who is a natural person, any Transfer by will or
pursuant to the applicable laws of descent and distribution and any Transfer to or among
such Stockholder’s Affiliates, and members of such holder’s Family Group or such Family
Group member’s Affiliates;

          (C) any Transfer of Stockholder Shares in connection with an Approved Sale;

          (D) any Transfer by the Executives of their Stockholder Shares to the Company or any of
its Subsidiaries;

          (E) any Transfer by the Company to an Executive pursuant to Section 9 hereunder; or

          (F) any Transfer of Stockholder Shares pursuant to a registered securities distribution
or sales transaction pursuant to the terms of the Registration Agreement.

               (ii) A transferee of Stockholder Shares pursuant to a Transfer described in Sections
3(b)(i)(A) and (B) above is referred to herein as a “Permitted Transferee.” The restrictions
contained in Section 3(a) shall continue to be applicable to the Stockholder

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Shares after any
Transfer pursuant to Sections 3(b)(i)(A), (B) and (E), and such transferees of such Stockholder
Shares shall agree in writing to be bound by the provisions of this Agreement affecting the
Stockholder Shares so transferred. Notwithstanding the foregoing, no party hereto shall avoid the
provisions of this Agreement by making one or more Transfers to one or more Permitted Transferees
and then disposing of all or any portion of such party’s interest in any such Permitted Transferee.
Notwithstanding anything herein to the contrary, in no event shall any Stockholder Shares be
pledged unless otherwise approved in writing by MDCP and the Mitchell Investors.

          (c) First Refusal Rights upon Transfers by Stockholders other than MDCP.

               (i) If any holder of Stockholder Shares (other than MDCP or any of its Permitted Transferees)
proposes to Transfer Stockholder Shares (other than pursuant to an Exempt Transfer), then not less
than 20 days prior to the date on which such Transfer will occur (such 20-day period, the “Election
Period”), the transferring holder (the “Transferring Stockholder”) shall deliver a written notice
(an “Offer Notice”) to the Company, MDCP, the Mitchell Investors, the Quadrangle Investors and the
Syufy Investor. The Offer Notice shall disclose in reasonable detail the number of Stockholder
Shares proposed to be Transferred (the “Offered Shares”), the material terms and conditions of the
Transfer and the identity, background and ownership (if applicable) of the prospective
transferee(s), and the Offer Notice shall constitute a binding offer to sell the Offered Shares in
accordance with the provisions of this Section 3(c), first to the Company, and then to MDCP, the
Mitchell Investors, the Quadrangle Investors and the Syufy Investor.

               (ii) Upon receipt of the Offer Notice, the Company may elect to purchase all or any portion of
the Offered Shares at the price and on the terms specified therein by delivering written notice
(the “Company Election Notice”) of such election to the Transferring Stockholder, MDCP, the
Mitchell Investors, the Quadrangle Investors and the Syufy Investor as soon as practical, but in
any event within 10 days (the “Company Offer Period”) after the delivery of the Offer Notice to the
Company, MDCP, the Mitchell Investors the Quadrangle Investors and the Syufy Investor.

               (iii) If and only if the Company has not elected to purchase all of the Offered Shares within
the Company Offer Period, then MDCP, the Mitchell Investors, the Quadrangle Investors and the Syufy
Investor in the aggregate may purchase all (but not less than all) of the Offered Shares not
elected to be purchased by the Company (such Offered Shares, the “Available Shares”) at the price
and on the terms specified in the Offer Notice. Each Stockholder electing to purchase a portion of
the Available Shares (each a “Participating Stockholder”) shall deliver written notice (the
“Stockholder Election Notice”) of such election to the Transferring Stockholder and the Company
within 20 days after delivery of the Offer Notice to the Company, MDCP, the Mitchell Investors, the
Quadrangle Investors and the Syufy Investor. The number of Available Shares which may be purchased
by each Participating Stockholder shall be determined by the Company as follows:

     (A) Each Participating Stockholder shall specify in the Stockholder Election
Notice the maximum number of Available Shares such Participating

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Stockholder is
requesting to purchase (such number of Available Shares, that Participating
Stockholder’s “Requested Amount”).

     (B) The Company shall first allocate the Available Shares among the
Participating Stockholders such that each Participating Stockholder is allocated
(such Participating Stockholder’s “Initial Allocation”) the lesser of (i) such
Participating Purchaser’s Requested Amount and (ii) the product of (A) the quotient
of the number of shares of Company Class A Common Stock held by such Participating
Stockholder divided by the aggregate shares of Company Class A Common Stock held by
all Participating Stockholders immediately prior to delivery of the Offer Notice
(such percentage, such Participating Purchaser’s “Pro Rata Share”) multiplied by (B)
the total number of Available Shares.

     (C) If the sum of each Initial Allocation for each Participating Stockholder
(the “Initial Allocation Sum”) is less than the total number of Available Shares,
then the difference between the Initial Allocation Sum and the Number of Available
Shares (such difference, the “Remaining Available Shares”) shall be allocated to the
Participating Stockholders whose Requested Amount equaled or exceeded their Pro Rata
Share (such Participating Stockholders, the “Remaining Participating Stockholders”).
The Company shall allocate to each Remaining Participating Stockholders the lesser
of (i) the difference between the amount allocated to such Stockholder pursuant to
Section 3(c)(iii)(B) and such Stockholder’s Requested Amount and (ii) the
product of (A) the quotient of the number of shares of Company Class A Common Stock
held by such Remaining Participating Stockholder divided by the aggregate shares of
Company Class A Common Stock held by all Remaining Participating Stockholders
immediately prior to delivery of the Offer Notice (such percentage, such Remaining
Participating Purchaser’s “Remaining Pro Rata Share”) multiplied by (B) the total
number of Remaining Available Shares.

     (D) If after the allocation of Remaining Available Shares, all Offered Shares
have not been allocated because a Remaining Participating Stockholder’s Requested
Amount was less than such Remaining Participating Stockholder’s Remaining Pro Rata
Share multiplied by the total number of Remaining Available Shares, then the Company
shall continue to allocate Available Shares in accordance with Paragraph (C)
immediately above until the earlier to occur of (i) all Available Shares are
allocated among the Participating Stockholders and (ii) all Participating
Stockholders are allocated their Requested Amount.

               (iv) If the Company and/or MDCP, the Mitchell Investors, the Quadrangle Investors and/or the
Syufy Investor elect to purchase Stockholder Shares from the Transferring Stockholder, the Transfer
of such shares shall be consummated as soon as practical after the delivery of the Company Election
Notice or the Stockholder Election Notice, as applicable, to the Transferring Stockholder, but in any event within 45 days after the
expiration of the Election Period.

11

 

               (v) To the extent that the aggregate number of Offered Shares elected to be purchased by the
Company, MDCP, the Mitchell Investors, the Quadrangle Investors and/or the Syufy Investor does not
in the aggregate equal all of the Offered Shares, then the offer to sell such Offered Shares
pursuant to Section 3(c)(i) shall be automatically revoked upon the expiration of the Election
Period and the Transferring Stockholder may, within 90 days after the expiration of the Election
Period and subject to the provisions of this Agreement, Transfer such Offered Shares at a price no
less than the price per share specified in the Offer Notice and on other terms no more favorable to
the transferees thereof than those offered to the Company, MDCP, the Mitchell Investors, the
Quadrangle Investors and the Syufy Investor in the Offer Notice. Any Offered Shares not
Transferred within such 90-day period shall be reoffered to the Company, MDCP, the Mitchell
Investors, the Quadrangle Investors and the Syufy Investor under this Section 3(c) prior to any
subsequent Transfer.

          (d) First Refusal Rights upon Transfers by MDCP to a Competitor.

               (i) If MDCP proposes to Transfer its Stockholder Shares to a Competitor or such Competitor’s
Affiliates and such Transfer will not be effected in connection with a Sale of the Company, then
not less than 20 days prior to the date on which such Transfer will occur (such 20-day period, the
“Competitor Sale Election Period”), such Person shall deliver a written notice (a “Competitor Sale
Offer Notice”) to the Company, the Mitchell Investors, the Quadrangle Investors and the Syufy
Investor. The Competitor Sale Offer Notice shall disclose in reasonable detail the number of
Stockholder Shares to be Transferred, the material terms and conditions of the Transfer and the
identity, background and ownership (if applicable) of the Competitor, and the Competitor Sale Offer
Notice shall constitute a binding offer to sell such Stockholder Shares in accordance with the
provisions of this Section 3(d), first to the Company, and then to the Mitchell Investors, the
Quadrangle Investors and the Syufy Investor on a pro rata basis based on the number of shares of
Company Class A Common Stock then held by each of the Mitchell Investors, the Quadrangle Investors
and the Syufy Investor as a percentage of the aggregate number of shares of Company Class A Common
Stock then held by the Mitchell Investors, the Quadrangle Investors and the Syufy Investor, on the
terms and conditions contained in the Competitor Sale Offer Notice.

               (ii) Upon receipt of the Competitor Sale Offer Notice, the Company may elect to purchase all
(but not less than all) of the Stockholder Shares specified in the Competitor Sale Offer Notice at
the price and on the terms specified therein by delivering written notice (the “Competitor Sale
Election Notice”) of such election to MDCP, the Mitchell Investors, the Quadrangle Investors and
the Syufy Investor as soon as practical, but in any event within 10 days (the “Competitor Sale
Offer Period”) after the delivery of the Competitor Sale Offer Notice to the Company and MDCP.

               (iii) If and only if the Company has not elected to purchase all of the Stockholder Shares
within the Competitor Sale Offer Period, the Mitchell Investors, the Quadrangle Investors and the
Syufy Investor may elect to purchase all (but not less than all) of the Stockholder Shares specified in the Competitor Sale Offer Notice at the price and on the
terms specified therein by delivering written notice (the “Mitchell-Quadrangle-Syufy Election
Notice”) of such election to MDCP within 20 days after delivery of the Offer Notice to the

12

 

Company,
the Mitchell Investors, the Quadrangle Investors and the Syufy Investor. Any purchase by the
Mitchell Investors, the Quadrangle Investors and the Syufy Investor pursuant to this Section
3(d) shall be on a pro rata basis based on the number of shares of Company Class A Common Stock
held by each of the Mitchell Investors, the Quadrangle Investors and the Syufy Investor as a
percentage of the aggregate shares of Company Class A Common Stock held by the Mitchell Investors,
the Quadrangle Investors and the Syufy Investor immediately prior to such purchase. If the Mitchell
Investors, the Quadrangle Investors or the Syufy Investor does not elect to purchase their pro rata
share of the Stockholder Shares subject to the Competitor Sale Offer Notice, the Mitchell
Investors, the Quadrangle Investors or the Syufy Investor, as applicable, which have elected to
purchase their pro rata share of the Stockholder Shares subject to the Competitor Offer Sale Notice
may purchase such remaining Stockholder Shares on a pro rata basis by providing written notice to
MDCP and the Company.

               (iv) If the Company and/or any of the Mitchell Investors, the Quadrangle Investors and/or the
Syufy Investor elect to purchase Stockholder Shares from MDCP, the Transfer of such shares shall be
consummated as soon as practical after the delivery of the Competitor Sale Election Notice or the
Mitchell-Quadrangle-Syufy Election Notice, as applicable, to MDCP, but in any event within 45 days
after the expiration of the Competitor Sale Election Period.

               (v) To the extent that the Company, the Mitchell Investors, the Quadrangle Investors and the
Syufy Investor do not elect to purchase all of the Stockholder Shares being offered, MDCP may,
within 90 days after the expiration of the Competitor Sale Election Period and subject to the
provisions of this Agreement, Transfer such Stockholder Shares to the Competitor (or such
Competitor’s Affiliates) identified in the Competitor Sale Offer Notice at a price no less than the
price per share specified in the Competitor Sale Offer Notice and on other terms no more favorable
to the Competitor (or such Competitor’s Affiliates) than those offered to the Company, the Mitchell
Investors, the Quadrangle Investors and the Syufy Investor in the Competitor Sale Offer Notice.
Any Stockholder Shares held by MDCP not Transferred within such 90-day period shall be reoffered to
the Company, the Mitchell Investors, the Quadrangle Investors and the Syufy Investor under this
Section 3(d) prior to any subsequent Transfer to a Competitor.

          (e) Participation Rights.

               (i) If MDCP proposes to Transfer any of its Stockholder Shares (other than pursuant to an
Exempt Transfer, then not less than 20 days prior to any such Transfer of Stockholder Shares (such
20-day period, the “MDCP Sale Period”), MDCP shall deliver a written notice (the “MDCP Sale
Notice”) to the Company and all holders of Stockholder Shares other than MDCP (the “Other
Stockholders”) specifying in reasonable detail the identity, background and ownership (if any) of
the prospective transferee(s), the number of shares to be Transferred and the terms and conditions
of the Transfer (which notice may be the same notice and given at the same time as the Offer Notice
under Section 3(d)). Subject to Section 3(e)(iii),
the Other Stockholders may elect to participate in the contemplated Transfer at the same price
per share and on the same terms by delivering written notice (the “MDCP Sale Election Notice”) to
MDCP within the MDCP Sale Period. If any of the Other Stockholders has elected to

13

 

participate in
such Transfer, then MDCP and such Other Stockholder shall be entitled to sell in the contemplated
Transfer, at the same price and on the same terms, a number of Stockholder Shares equal to the
product of (A) the quotient determined by dividing (x) the percentage of Stockholder Shares owned
by such Person by (y) the aggregate percentage of Stockholder Shares owned by MDCP and the Other
Stockholders participating in such sale, and (B) the number of Stockholder Shares to be sold in the
contemplated Transfer.

For example, if the Sale Notice contemplated a sale of 100
Stockholder Shares by MDCP, and if MDCP at such time owns 30% of all
Stockholder Shares and if the Mitchell Investors owning 20%, Executives
owning 10%, the Quadrangle Investors owning 8% and the Syufy Investor
owning 10% of all Stockholder Shares elect to participate, then MDCP would
be entitled to sell 38 shares ((30% ÷ 78%) x 100 shares), the Mitchell
Investors would be entitled to sell 26 shares ((20% ÷ 78%) x 100 shares),
the Executives would be entitled to sell 13 shares ((10% ÷ 78%) x 100
shares), the Quadrangle Investors would be entitled to sell 10 shares ((8%
÷ 78%) x 100 shares) and the Syufy Investor would be entitled to sell 13
shares ((10% ÷ 78%) x 100 shares).

               (ii) Any of the Other Stockholders may elect to sell in any Transfer contemplated under this
Section 3(e) a number of Stockholder Shares less than any such Other Stockholder is entitled to
sell hereunder, in which case MDCP shall have the right to sell an additional number of Stockholder
Shares in such Transfer equal to the number that all such Other Stockholders are permitted to sell
but have elected not to sell. MDCP shall use reasonable efforts to obtain the agreement of the
prospective transferee(s) to the participation of the Other Stockholders in any contemplated
Transfer, and MDCP shall not Transfer any of its Stockholder Shares to any prospective transferee
if such prospective transferee declines to allow the participation of the Other Stockholders. Each
holder Transferring Stockholder Shares pursuant to this Section 3(e) shall pay such holder’s pro
rata share (based on the number of Stockholder Shares to be sold) of the expenses incurred by the
holders in connection with such Transfer and shall be obligated to join on a pro rata basis (based
on the number of Stockholder Shares to be sold) in any indemnification or other obligations that
MDCP agrees to provide in connection with such Transfer (other than any such obligations that
relate specifically to a particular holder such as indemnification with respect to representations
and warranties given by a holder regarding such holder’s title to and ownership of Stockholder
Shares); provided that no holder shall be obligated in connection with such Transfer to agree to
indemnify or hold harmless the transferees with respect to an amount in excess of the net
consideration paid to such holder in connection with such Transfer.

               (iii) Notwithstanding the foregoing, no Executive (or any of such Executive’s Permitted
Transferees) shall be entitled to participate under this Section 3(e) in any Transfer made by MDCP
or any of its Permitted Transferees, unless such Transfer (together with any related Transfers)
constitutes a Sale of the Company.

          (f) Transfers to Competitors. No holder of Stockholder Shares (other than MDCP and
its Permitted Transferees, subject to Section 3(d)) shall Transfer any Stockholder

14

 

Shares to any
Competitor, except pursuant to Section 3(e) or Section 4 hereof; provided, however, that this
Section 3(f) shall not be deemed to limit the ability of any holder of Stockholder Shares from
Transferring such Shares in a Public Sale or in a registered offering of securities pursuant to the
Registration Agreement.

          (g) Termination of Restrictions. The restrictions on the Transfer of Stockholder
Shares set forth in this Section 3 shall continue with respect to each Stockholder Share until the
date on which such Stockholder Share has been transferred in a Public Sale or in a Sale of the
Company.

     4. Sale of the Company.

          (a) If the Board or MDCP approves a Sale of the Company and delivers written notice to the
holders of Stockholders Shares invoking the provisions of this Section (any such sale, an “Approved
Sale”), the holders of Stockholders Shares shall consent to, vote in favor of and raise no
objections against the Approved Sale.

          (b) If the Approved Sale is structured as (i) a merger or consolidation, each holder of
Stockholder Shares shall vote its Stockholder Shares to approve such merger or consolidation,
whether by written consent or at a stockholders meeting (as requested by the Board or MDCP, as the
case may be), and waive all dissenter’s rights, appraisal rights and similar rights in connection
with such merger or consolidation, (ii) a sale of stock, each holder of Stockholder Shares shall
agree to sell, and shall sell, all of its Stockholder Shares and rights to acquire Stockholder
Shares on the terms and conditions so approved, or (iii) a sale of assets, each holder of
Stockholder Shares shall vote its Stockholder Shares to approve such sale and any subsequent
liquidation of the Company or other distribution of the proceeds therefrom, whether by written
consent or at a stockholders meeting (as requested by the Board or MDCP, as the case may be).

          (c) In furtherance of the foregoing, (i) each holder of Stockholder Shares shall take, with
respect to such holder’s Stockholder Shares, all necessary or desirable actions reasonably
requested by the Board or MDCP, as the case may be, in connection with the consummation of the
Approved Sale, including without limitation, voting to approve such transaction and executing the
applicable purchase agreement, and (ii) each holder of Stockholder Shares shall make substantially
similar representations, warranties, indemnities and agreements as each other holder of Stockholder
Shares, provided that (A) each holder of Stockholder Shares shall be obligated to make
representations and warranties as to such Stockholder’s title to and ownership of Stockholder
Shares, authorization, execution and delivery of relevant documents by such Stockholder,
enforceability of relevant agreements against such Stockholder and other matters relating to such
Stockholder, to enter into covenants in respect of a Transfer of such Stockholder’s Stockholder
Shares in connection with such Approved Sale and to enter into indemnification obligations with
respect to the foregoing, in each case to the extent that each other Stockholder is similarly
obligated, but no Stockholder shall be obligated to enter into indemnification obligations with
respect to any of the foregoing in respect of any other Stockholder or such other Stockholder’s Stockholder Shares and (B) in no event shall any
Stockholder be liable in respect of any indemnity obligations pursuant to any Approved Sale in

15

 

an aggregate amount in excess of the total consideration payable to such Stockholder in such Approved
Sale.

          (d) The obligations of the holders of Stockholder Shares with respect to an Approved Sale are
subject to the satisfaction of the following conditions: (i) except as provided in the provisos in
Sections 8(d)(1)(iii) and 8(d)(1)(iv) of this Agreement, upon the consummation of the Approved
Sale, each holder of Stockholder Shares will receive the same form of consideration and the same
portion of the aggregate consideration that such holder of Stockholder Shares would have received
if such aggregate consideration had been distributed by the Company in complete liquidation
pursuant to the rights and preferences set forth in the Company’s Certificate of Incorporation as
in effect immediately prior to such Approved Sale; (ii) except as provided in the provisos in
Sections 8(d)(1)(iii) and 8(d)(1)(iv) of this Agreement, if any holder of a class of Stockholder
Shares is given an option as to the form and amount of consideration to be received, each holder of
such class of Stockholder Shares will be given the same option; and (iii) each holder of then
currently exercisable rights to acquire shares of a class of Stockholder Shares will be given an
opportunity to exercise such rights prior to the consummation of the Approved Sale and participate
in such sale as holders of such class of Stockholder Shares; provided that the condition that each
holder of Stockholder Shares receives, or is provided with the same option to receive, the same
form of consideration as set forth in clause (i) and clause (ii) above shall be deemed satisfied
with respect to (A) the Quadrangle Investors and their Permitted Transferees, so long as the
Quadrangle Investors and their Permitted Transferees receive the same form of consideration, the
same amount of consideration per share, and the same option as to the form of consideration as MDCP
receives in the Approved Sale, (B) the Syufy Investor and their Permitted Transferees, so long as
the Syufy Investor and their Permitted Transferees receive the same form of consideration, the same
amount of consideration per share, and the same option as to the form of consideration as MDCP
receives in the Approved Sale and (C) with respect to all other Stockholders, even if certain
holders of Stockholders Shares receive, to the exclusion of others, securities of the entity
acquiring the Company in an Approved Sale, so long as each holder of Stockholder Shares receives
the same amount of value, whether in cash or such securities, as of the closing of such Approved
Sale with respect to such holder’s Stockholder Shares.

          (e) If the Company or the holders of the Company’s securities enter into any negotiation or
transaction for which Rule 506 (or any similar rule then in effect) promulgated by the Securities
Exchange Commission may be available with respect to such negotiation or transaction (including a
merger, consolidation or other reorganization), the holders of Stockholder Shares shall at the
request of the Company, appoint a “purchaser representative” (as such term is defined in Rule 501)
reasonably acceptable to the Company. If any holder of Stockholder Shares appoints a purchaser
representative designated by the Company, the Company shall pay the fees of such purchaser
representative. However, if any holder of Stockholder Shares declines to appoint the purchaser
representative designated by the Company, such holder shall appoint another purchaser
representative (reasonably acceptable to the Company), and such holder shall be responsible for the
fees of the purchaser representative so appointed.

16

 

          (f) Subject to Section 4(e), each holder of Stockholder Shares shall, to the extent requested
by the Company, pay such holder’s pro rata share of the expenses incurred by the holders in
connection with an Approved Sale.

     5. Holdback Agreement. No Executive or any of his Permitted Transferees shall effect
any public sale or distribution of any Stockholder Shares or of any other capital stock or equity
securities of the Company, or any securities convertible into or exchangeable or exercisable for
such stock or securities, for such period of time from and after the effective date of any
underwritten Demand Registration or any underwritten Piggyback Registration (as such terms are
defined in the Registration Agreement) as the Company and the underwriters managing the
registration request (the “Market Stand-Off”). In order to enforce the Market Stand-Off, the
Company may impose stop-transfer instructions with respect to Stockholder Shares until the end of
the Market Stand-Off. The restrictions on the transfer of Stockholder Shares set forth in this
Section 5 shall continue with respect to each Stockholder Share until the date on which such
Stockholder Share has been transferred in a Public Sale.

     6. Preemptive Rights.

          (a) Except for issuances of equity securities or securities or instruments containing
equity-like features (i) in the form of Company Class A Common Stock or options to acquire Company
Class A Common Stock to employees, directors or consultants of the Company or any of its
Subsidiaries, (ii) upon the conversion, recapitalization or reorganization of any securities of the
Company, (iii) as consideration for the acquisition of or investment in another company or business
(whether through a purchase of securities, a merger, consolidation, purchase of assets or
otherwise), including, without limitation, joint ventures and strategic alliances, (iv) pursuant to
a registered public offering of Company Class A Common Stock under the Securities Act, (v) as
additional yield or return in respect of institutional indebtedness for borrowed money, (vi) as a
dividend or other distribution in respect of the Company’s equity securities or (vii) in connection
with a stock split or similar event, if the Company authorizes the issuance or sale of any shares
of Company Class A Common Stock or any other equity securities of the Company or any securities,
options or other rights to acquire any shares of Company Class A Common Stock or other equity
securities of the Company (any such securities or rights referred to herein as “Additional
Securities”), the Company shall first offer to sell to each holder of Stockholder Shares (other
than shares of Company Class A Common Stock issued or issuable upon exercise of stock options (such
shares referred to herein collectively as “Option Shares”)) a portion of such Additional Securities
equal to the quotient determined by dividing (A) the number of shares of Company Class A Common
Stock (other than Option Shares) held by such holder by (B) the total number of shares of Company
Class A Common Stock outstanding on a fully-diluted basis (assuming exercise of all outstanding
rights to acquire shares of Company Class A Common Stock); provided that such offer shall be made
only to the holders of Stockholder Shares that are “accredited investors” under Regulation D of the
Securities Act, or the Company otherwise consents to such holders’ participation under this Section
6; and provided further that, if such Additional Securities are being offered in combination with
other securities of the Company, the Persons exercising rights pursuant to this Section 6 shall
also be required to purchase the same strip of securities on the same terms and conditions as being
offered by the Company. Holders of Stockholder Shares (other than Option Shares) shall be

17

 

entitled to purchase such Additional Securities at the same price and on the same terms as such Additional Securities are to be
offered to any other Persons. The purchase price for all Additional Securities so offered to the
holders of Stockholder Shares hereunder shall be payable in cash.

          (b) In order to exercise their purchase rights hereunder, each holder of Stockholder Shares
(other than Option Shares) shall, within 10 days after receipt of written notice from the Company
describing in reasonable detail the stock or securities being offered, the purchase price thereof,
the payment terms and such holder’s percentage allotment, deliver a written notice to the Company
describing such holder’s election hereunder.

          (c) Upon the expiration of the offering period described above, the Company shall be entitled
to sell such Additional Securities that the holders of Stockholder Shares have not elected to
purchase during the 90 days following such expiration on terms and conditions no more favorable to
the purchasers thereof than those offered to such holders. Any such Additional Securities offered
or sold by the Company after such 90-day period shall be reoffered to the holders of Stockholder
Shares (other than Option Shares) pursuant to the terms of this Section 6.

     7. Anti-Takeover Measures. Prior to the commencement of the initial public offering
of shares of the Company’s Company Class A Common Stock registered under the Securities Act, MDCP
shall request that the Board adopt reasonable and customary anti-takeover measures, except to the
extent that (i) the Board in the observance of its fiduciary duties determines that any such
measures are not in the best interests of the Company’s stockholders or (ii) the Company’s
underwriters managing the public offering advise the Company that any such measures will adversely
affect execution of such offering or the price to be obtained in such offering.

     8. Covenants.

          (a) Financial Statements and Other Information. The Company shall deliver to each
Investor and its Qualified Permitted Transferees (so long as such Investor and its Permitted
Transferees in the aggregate hold at least 4% of the Company’s outstanding Company Class A Common
Stock):

               (i) within 45 days after the end of each quarterly accounting period in each fiscal year, a
consolidated statement of income of the Company and its Subsidiaries for such quarterly period and
for the period from the beginning of the fiscal year to the end of such quarter;

               (ii) within the earlier of 90 days after the end of each fiscal year or upon filing an annual
report on Form 10-K with the Securities and Exchange Commission, annual consolidated statements of
income and cash flows of the Company and its Subsidiaries for such fiscal year, and a consolidated
balance sheet of the Company and its Subsidiaries as of the end of such fiscal year, setting forth
in each case comparisons to the preceding fiscal year, all prepared in accordance with generally
accepted accounting principles, consistently applied, and

18

 

accompanied by an audit opinion from an
independent accounting firm of recognized national standing;

               (iii) within 30 days after the beginning of each fiscal year, an annual budget prepared on a
monthly basis for the Company and its Subsidiaries for such fiscal year (displaying anticipated
statements of income and cash flows and balance sheets);

               (iv) promptly after filing thereof, all regular and special reports filed by the Company or
any of its Subsidiaries with the Securities and Exchange Commission or any exchange on which the
Company Class A Common Stock is listed; and

               (v) promptly upon release thereof, all public announcements made by the Company or any of its
Subsidiaries.

          (b) Inspection of Property. The Company shall permit any representatives designated
by any Investor, upon reasonable notice during normal business hours and for a proper business
purpose, to (i) visit and inspect any of the properties of the Company and its Subsidiaries and
examine the corporate and financial records of the Company and its Subsidiaries, so long as such
Investor and its Permitted Transferees owns any Company Class A Common Stock, and (ii) so long as
such Investor and its Permitted Transferees in the aggregate own at least 4% of the Company’s
outstanding Company Class A Common Stock, discuss the affairs, finances and accounts of the Company
with the officers of the Company.

          (c) Current Public Information. At all times after the Company has filed a
registration statement with the Securities and Exchange Commission pursuant to the requirements of
either the Securities Act or the Securities Exchange Act with respect to its Company Class A Common
Stock, the Company shall file all material reports required to be filed by it under the Securities
Act and the Securities Exchange Act and the rules and regulations adopted by the Securities and
Exchange Commission thereunder, all to the extent required to enable the Investors to sell shares
of Company Class A Common Stock pursuant to Rule 144 adopted by the Securities and Exchange
Commission under the Securities Act (as such rule may be amended from time to time) or any similar
rule or regulation hereafter adopted by the Securities and Exchange Commission.

          (d) Required Approvals of the Mitchell Investors.

               (1) So long as the Mitchell Investors and their Permitted Transferees in the aggregate own at
least 9% of the Company’s outstanding Company Class A Common Stock, the Company shall not, without
the prior written consent of the holders of a majority of the shares of Company Class A Common
Stock held by all of the Mitchell Investors and their Qualified Permitted Transferees (which
consent shall not be unreasonably withheld or delayed):

               (i) declare or pay any dividends or make any distributions upon any shares of its capital
stock, except for dividends declared and paid after the third anniversary of the date of the
Original Agreement on a pro rata basis on the outstanding shares of Company Class A Common Stock;

19

 

               (ii) redeem, purchase or otherwise acquire any shares of its capital stock, except for
repurchases after the third anniversary of the date of the Original Agreement of
Company Class A Common Stock made pursuant to an offer to all holders of Company Class A
Common Stock on a pro rata basis and except for repurchases of Company Class A Common Stock from
employees, directors and consultants and former employees, directors and consultants of the Company
and its Subsidiaries in connection with termination of employment pursuant to arrangements approved
by the Board;

               (iii) merge or consolidate with any Person, unless (a) immediately following the consummation
of such transaction, the stockholders of the Company immediately prior to the consummation of such
transaction continue to own in the aggregate the outstanding capital stock of the surviving entity
possessing the voting power to elect a majority of the surviving entity’s board of directors or
other governing body or (b) the consideration received by the holders of the Company Class A Common
Stock as a result of such transaction consists solely of cash, cash equivalents, shares of capital
stock of the surviving entity which have been registered under the Securities Act in connection
with such transaction and/or shares of capital stock of the surviving entity which have not been
registered under the Securities Act, but which are of a class of securities registered under the
Securities Exchange Act and are entitled to demand, S-3 and piggyback registration rights
substantially similar as those contained in the Registration Agreement (provided that if the
consideration received by the Investors in such transaction consists of cash or cash equivalents
and shares of capital stock issued by any Person engaged in the motion picture exhibition industry
other than the Company, the Mitchell Investors and their Permitted Transferees shall be entitled to
receive (at their election) 120% of the cash and cash equivalents such Mitchell Investors and their
Permitted Transferees would have otherwise been entitled to receive on a pro rata basis and the
amount of securities such Mitchell Investors and their Permitted Transferees would have been
entitled to receive on a pro rata basis shall be correspondingly reduced);

               (iv) sell all or substantially all of its assets, unless the consideration received by the
holders of the Company Class A Common Stock as a result of such transaction consists solely of
cash, cash equivalents, shares of capital stock which have been registered under the Securities Act
in connection with such transaction and/or shares of capital stock which have not been registered
under the Securities Act, but which are of a class of securities registered under the Securities
Exchange Act and are entitled to demand, S-3 and piggyback registration rights substantially
similar as those contained in the Registration Agreement (provided that if the consideration
received by the Investors in such transaction consists of cash or cash equivalents and shares of
capital stock issued by any Person engaged in the motion picture exhibition industry other than the
Company, the Mitchell Investors and their Permitted Transferees shall be entitled to receive (at
their election) 120% of the cash and cash equivalents such Mitchell Investors and their Permitted
Transferees would have otherwise been entitled to receive on a pro rata basis and the amount of
securities such Mitchell Investors and their Permitted Transferees would have been entitled to
receive on a pro rata basis shall be correspondingly reduced);

               (v) acquire (by merger, consolidation, or otherwise) any company that is not primarily engaged
in the motion picture exhibition business or activities related to the

20

 

current lines of
businesses in which the Company or any of its Subsidiaries is engaged at the time of the
consummation of the transactions contemplated by the Merger Agreement;

               (vi) amend the Company’s Certificate of Incorporation or the Company’s bylaws if such
amendment would have an adverse effect on the terms of the Company Class A Common Stock held by the
Mitchell Investors and their Permitted Transferees which is different from the adverse effect on
the other holders of Company Class A Common Stock;

               (vii) issue or sell any shares of capital stock which are senior to the Company Class A Common
Stock with respect to dividends, redemption or distributions in liquidation or which have voting
rights different from the Company Class A Common Stock, unless such securities are issued or sold
at no less than fair market value as determined by the Board in its reasonable judgment and the
Investors and their Permitted Transferees (if such Permitted Transferees are not otherwise
Investors) have the right to participate in such offering under the provisions of Section 6 of this
Agreement;

               (viii) enter into, amend or modify any agreement, transaction, commitment or arrangement with
MDCP or any of its Affiliates, except for the execution, delivery and performance of the other
agreements and arrangements contemplated by this Agreement or the Syufy Contribution Agreement,
except for any agreements, transactions, commitments and arrangements approved by a majority of the
disinterested directors on the Board who are not affiliated with MDCP and except for the issuance
of securities in which the Investors and their Permitted Transferees (if such Permitted Transferees
are not otherwise Investors) have the right to participate under Section 6 of this Agreement; or

               (ix) incur, or permit any Subsidiary to incur, any indebtedness for borrowed money (other than
borrowings under, or refinancings or replacements of, the loan facilities of the Company and its
Subsidiaries existing as of the effectiveness of the Merger under the Merger Agreement) which would
cause the Debt-to-EBITDA Ratio to exceed 4.75:1, unless at the time of such incurrence the Company
or any of its Subsidiaries has defaulted under any of its agreements creating indebtedness for
borrowed money.

               (2) So long as the Mitchell Investors and their Permitted Transferees in the aggregate own at
least 4% of the outstanding Company Class A Common Stock (except in the case of clause (i) below,
the required percentage shall be 1%), the Company shall not, without the prior written consent of
the holders of a majority of the shares of Company Class A Common Stock held by the Mitchell
Investors and their Qualified Permitted Transferees (which consent, shall not be unreasonably
withheld or delayed):

               (i) amend the Company’s Certificate of Incorporation or the Company’s bylaws if such amendment
would have an adverse effect on the Mitchell Investors and their Permitted Transferees which is
different from any adverse effect on any other holder of Company Class A Common Stock;

               (ii) enter into, amend or modify any agreement, transaction, commitment or arrangement with
MDCP or any of its Affiliates, except for (A) transactions on

21

 

arm’s length terms and conditions,
(B) the execution, delivery and performance of the other agreements and arrangements specifically
contemplated by this Agreement (including, without
limitation, the Quadrangle Purchase Agreement and the Syufy Contribution Agreement), and (c)
the issuance of securities in which the Investors and their Permitted Transferees (if such
Permitted Transferees are not otherwise Investors) have the right to participate under Section 6 of
this Agreement.

               (iii) redeem, repurchase or otherwise acquire any Stockholder Shares held by MDCP or its
respective Affiliates or Permitted Transferees unless at the same time the Company offers to
purchase Stockholder Shares from the Mitchell Investors and their Permitted Transferees on the same
terms and conditions and on a pro rata basis according to the number of Stockholder Shares owned by
each holder thereof;

               (iv) cause or permit the Company to be taxed other than as a corporation for income tax
purposes including, without limitation, taking any action that would cause the Company to be taxed
as a partnership (whether general or limited), limited liability company, or other similar entity
taxed under subchapter K or subchapter S of the Code (or any comparable provision of state, local
or foreign income tax law) or otherwise treated as an entity not generally taxed at the
entity-level under the Code (or any comparable provision of state, local or foreign income tax
law); or

               (v) merge or consolidate with any Person or sell all or substantially all of the assets of the
Company unless in any such merger, consolidation or sale of all or substantially all of the assets
of the Company (A) immediately following the consummation of such transaction, the stockholders of
the Company immediately prior to the consummation of such transaction continue to own in the
aggregate the outstanding capital stock of the surviving entity possessing the voting power to
elect a majority of the surviving entity’s board of directors or other governing body (and a
majority of the stockholders of the Company immediately after the consummation of such transaction
will take reasonable actions to obtain rights for the Mitchell Investors that are substantially
similar to the rights of the Mitchell Investors under this Agreement, provided that such
post-transaction rights will be deemed to be “substantially similar” for this purpose even if
parties other than the Mitchell Investors are granted greater rights than or the same rights with
more favorable terms (including without limitation with respect to the scope, quantity, priority or
duration of, or restrictions on, such rights) as the Mitchell Investors have under this Agreement),
(B) the Mitchell Investors receive rights substantially similar to their rights under, and are not
subject to transfer restrictions more restrictive than those contained in, Sections 3, 4 and 5 of
this Agreement and under the Registration Agreement (as in effect at the time of such transaction),
(C) the Mitchell Investors receive exit rights (including registration rights), and are subject to
transfer restrictions, substantially similar in terms and conditions (including where applicable,
in proportion) to any such rights or restrictions that MDCP and its Permitted Transferees receive
or are subject to in such merger, consolidation or sale of all or substantially all of the assets
of the Company or (D) the Mitchell Investors are given the right to receive cash, cash equivalents
or shares of capital stock which have been registered under the Securities Act and the Mitchell
Investors so elect.

22

 

          (e) Required Approvals of the Quadrangle Investors. So long as the Quadrangle
Investors and their Permitted Transferees in the aggregate own at least 4% of the outstanding
Company Class A Common Stock (except in the case of clause (i) below, the
required percentage shall be 1%), the Company shall not, without the prior written consent of
the holders of a majority of the shares of Company Class A Common Stock held by the Quadrangle
Investors and their Qualified Permitted Transferees (which consent, shall not be unreasonably
withheld or delayed):

               (i) amend the Company’s Certificate of Incorporation or the Company’s bylaws if such amendment
would have an adverse effect on the Quadrangle Investors and their Permitted Transferees which is
different from any adverse effect on any other holder of Company Class A Common Stock;

               (ii) enter into, amend or modify any agreement, transaction, commitment or arrangement with
MDCP or any of its Affiliates, except for (A) transactions on arm’s length terms and conditions,
(B) the execution, delivery and performance of the other agreements and arrangements specifically
contemplated by this Agreement (including, without limitation, the Quadrangle Purchase Agreement),
and (C) the issuance of securities in which the Investors and their Permitted Transferees (if such
Permitted Transferees are not otherwise Investors) have the right to participate under Section 6 of
this Agreement;

               (iii) redeem, repurchase or otherwise acquire any Stockholder Shares held by MDCP or its
Affiliates or Permitted Transferees unless at the same time the Company offers to purchase
Stockholder Shares from the Quadrangle Investors and their Permitted Transferees on the same terms
and conditions and on a pro rata basis according to the number of Stockholder Shares owned by each
holder thereof;

               (iv) cause or permit the Company to be taxed other than as a corporation for income tax
purposes including, without limitation, taking any action that would cause the Company to be taxed
as a partnership (whether general or limited), limited liability company, or other similar entity
taxed under subchapter K or subchapter S of the Code (or any comparable provision of state, local
or foreign income tax law) or otherwise treated as an entity not generally taxed at the
entity-level under the Code (or any comparable provision of state, local or foreign income tax
law); or

               (v) merge or consolidate with any Person or sell all or substantially all of the assets of the
Company unless in any such merger, consolidation or sale of all or substantially all of the assets
of the Company (A) immediately following the consummation of such transaction, the stockholders of
the Company immediately prior to the consummation of such transaction continue to own in the
aggregate the outstanding capital stock of the surviving entity possessing the voting power to
elect a majority of the surviving entity’s board of directors or other governing body (and a
majority of the stockholders of the Company immediately after the consummation of such transaction
will take reasonable actions to obtain rights for the Quadrangle Investors that are substantially
similar to the rights of the Quadrangle Investors under this Agreement, provided that such
post-transaction rights will be deemed to be “substantially similar” for this purpose even if
parties other than the Quadrangle Investors are granted greater rights than or the same rights with
more favorable terms (including without

23

 

limitation with respect to the scope, quantity, priority or
duration of, or restrictions on, such rights), (B) the Quadrangle Investors receive rights
substantially similar to their rights under, and are not subject
to transfer restrictions more restrictive than those contained in, Sections 3, 4 and 5 of this
Agreement and under the Registration Agreement (as in effect at the time of such transaction), (C)
the Quadrangle Investors receive exit rights (including registration rights), and are subject to
transfer restrictions, substantially similar in terms and conditions (including where applicable,
in proportion) to any such rights or restrictions that MDCP and its Permitted Transferees receive
or are subject to in such merger, consolidation or sale of all or substantially all of the assets
of the Company or (D) the Quadrangle Investors are given the right to receive cash, cash
equivalents or shares of capital stock which have been registered under the Securities Act and the
Quadrangle Investors so elect.

          (f) Required Approvals of the Syufy Investor. So long as the Syufy Investor and its
Permitted Transferees in the aggregate own at least 4% of the outstanding Company Class A Common
Stock (except in the case of clause (i) below, the required percentage shall be 1%), the Company
shall not, without the prior written consent of the holders of a majority of the shares of Company
Class A Common Stock held by the Syufy Investor and its Qualified Permitted Transferees (which
consent, shall not be unreasonably withheld or delayed):

               (i) amend the Company’s Certificate of Incorporation or the Company’s bylaws if such amendment
would have an adverse effect on the Syufy Investor and its Permitted Transferees which is different
from any adverse effect on any other holder of Company Class A Common Stock;

               (ii) enter into, amend or modify any agreement, transaction, commitment or arrangement with
MDCP or any of its Affiliates, except for (A) transactions on arm’s length terms and conditions,
(B) the execution, delivery and performance of the other agreements and arrangements specifically
contemplated by this Agreement (including, without limitation, the Quadrangle Purchase Agreement
and the Syufy Contribution Agreement), and (C) the issuance of securities in which the Investors
and their Permitted Transferees (if such Permitted Transferees are not otherwise Investors) have
the right to participate under Section 6 of this Agreement;

               (iii) redeem, repurchase or otherwise acquire any Stockholder Shares held by MDCP or its
Affiliates or Permitted Transferees unless at the same time the Company offers to purchase
Stockholder Shares from the Syufy Investor and its Permitted Transferees on the same terms and
conditions and on a pro rata basis according to the number of Stockholder Shares owned by each
holder thereof; or

               (iv) merge or consolidate with any Person or sell all or substantially all of the assets of
the Company unless in any such merger, consolidation or sale of all or substantially all of the
assets of the Company (A) immediately following the consummation of such transaction, the
stockholders of the Company immediately prior to the consummation of such transaction continue to
own in the aggregate the outstanding capital stock of the surviving entity possessing the voting
power to elect a majority of the surviving entity’s board of directors or other governing body (and
a majority of the stockholders of the Company immediately after the consummation of such
transaction will take reasonable actions to obtain rights for the Syufy

24

 

Investor that are substantially similar to the rights of the Syufy Investor under this Agreement, provided that such post-transaction rights will be deemed to be “substantially similar” for
this purpose even if parties other than the Syufy Investor are granted greater rights than or the
same rights with more favorable terms (including without limitation with respect to the scope,
quantity, priority or duration of, or restrictions on, such rights), (B) the Syufy Investor
receives rights substantially similar to their rights under, and are not subject to transfer
restrictions more restrictive than those contained in, Sections 3, 4 and 5 of this Agreement and
under the Registration Agreement (as in effect at the time of such transaction), (C) the Syufy
Investor receives exit rights (including registration rights), and are subject to transfer
restrictions, substantially similar in terms and conditions (including where applicable, in
proportion) to any such rights or restrictions that MDCP and its Permitted Transferees receive or
are subject to in such merger, consolidation or sale of all or substantially all of the assets of
the Company or (D) the Syufy Investor is given the right to receive cash, cash equivalents or
shares of capital stock which have been registered under the Securities Act and the Syufy Investor
so elects.

          (g) Confidentiality. Each Investor shall not disclose to any Person (other than such
Investor’s employees, agents and advisors who have a need to know) and shall not use for any
purpose other than monitoring such Investor’s investment in the Company, and shall cause its
employees, agents and advisors to maintain the confidentiality of, all of the information obtained
pursuant to Sections 8(a) and (b) of this Agreement, unless (a) such information was or becomes
publicly available through no fault of such Investor, its Affiliates or Permitted Transferees or
their employees, agents or advisors or (b) the disclosure of such information is compelled by legal
proceedings. In the event that any Investor is requested or required (by oral question or request
for information or documents in any legal proceeding, interrogatory, subpoena, civil investigative
demand or similar process) to disclose any such information, such Investor will notify the Board
promptly of the request or requirement so that the Company may seek an appropriate protective order
or other appropriate relief or waive compliance with this provision. In the absence of a
protective order or the Investor’s receiving such waiver from the Company, the Investor will be
permitted to disclose that portion (and only that portion) of the information that the Investor is
legally compelled by the tribunal to disclose; provided, however, that the Investor shall use
commercially reasonable efforts to obtain an order or other assurance that confidential treatment
will be accorded to such portion of the information required to be disclosed as the Company shall
designate.

          (h) Termination. All of the provisions of Sections 8(d), (e) and (f) shall terminate
and be of no further force or effect upon the effective date of an Initial Public Offering of the
Company’s Company Class A Common Stock registered under the Securities Act. The provisions of
paragraphs (a), (b), (d), (e) and (f) of this Section 8 are not transferable or assignable by any
Investor to any subsequent holder of any Company Class A Common Stock purchased hereunder (except
in the case of a transfer to another Investor or a Qualified Permitted Transferee of the
transferor), and upon the transfer of any Investor’s Company Class A Common Stock (except in the
case of a transfer to another Investor or a Qualified Permitted Transferee of the transferor), such
provisions shall terminate with respect to such transferred shares. If at any time the Mitchell
Investors own, directly or indirectly, more than a 5% interest in the aggregate of any business
that owns, operates or manages theatres with more than an aggregate of 800 screens in the Western
Hemisphere, the Mitchell Investors shall not be entitled to (i) receive any

25

 

information under
Section 8(a), except that if the Company is not a reporting company registered
under the Securities Exchange Act, the Mitchell Investors shall continue to receive the
Company’s annual consolidated financial statements together with a letter from the Company’s
management describing material developments at the Company, (ii) exercise any rights under Section
8(b), except that the Mitchell Investors shall retain their statutory inspection rights under
Delaware law, or (iii) after the third anniversary of the Merger, exercise any approval rights
under Section 8(d). If at any time there is a Termination Event (as determined under Section
1(c)(iv) above), the Syufy Investor shall not be entitled to (i) receive any information under
Section 8(a), except that if the Company is not a reporting company registered under the Securities
Exchange Act, the Syufy Investor shall continue to receive the Company’s annual consolidated
financial statements together with a letter from the Company’s management describing material
developments at the Company, or (ii) exercise any rights under Section 8(b), except that the Syufy
Investor shall retain its statutory inspection rights under Delaware law. In the event that the
rights of the Syufy Investor terminate by reason of a Curable Termination Event, the Syufy Investor
shall have the right to cure such Curable Termination Event and such rights shall be reinstated at
such time as there is no longer a Curable Termination Event in effect. If at any time the Syufy
Investor, Raymond W. Syufy or Joseph Syufy breach the terms of the Syufy Non-Competition Agreement,
the Syufy Investor shall not be entitled to exercise any approval rights under Section 8(f).

     9. Reallocation of Sale Bonus Shares. For each Executive, a portion of the total
number of shares of Company Class A Common Stock owned by such Executive immediately following the
effectiveness of the Merger as specified below constitute “Sale Bonus Shares” hereunder (including
therewith all shares of capital stock of the Company issued or issuable with respect thereto by way
of stock dividend or stock split or in connection with a combination of shares, recapitalization,
merger, consolidation or other reorganization affecting the Company Class A Common Stock):

	 	 	 	 	 
	 	 	Sale Bonus Shares
	 
	 	 	 	 
	Michael Cavalier
	 	 	37,891	 
	 
	 	 	 	 
	Robert Copple
	 	 	49,901	 
	 
	 	 	 	 
	Alan Stock
	 	 	50,149	 
	 
	 	 	 	 
	Timothy Warner
	 	 	55,826	 

If prior to April 2, 2007 (the “Third Anniversary”) any Executive’s employment with the Company
terminates as a result of Cause or Voluntary Termination (as such terms are defined in each such
Executive’s New Employment Agreement), all of such Executive’s Sale Bonus Shares shall be
automatically forfeited and the stock certificates representing such shares shall be immediately
surrendered by Executive to the Company endorsed in blank or accompanied by an appropriate form of
assignment. Upon receipt of such certificate(s), the Company shall promptly reissue the Sale Bonus
Shares represented by such certificate(s) to the other Executives that at such time continue to
hold Sale Bonus Shares on a pro rata basis in accordance with the number of Sale Bonus Shares owned
by such Executives immediately prior to the termination of such

26

 

other Executive’s employment. Prior to the Third Anniversary, the Sale Bonus Shares may not be
transferred by any Executive (except to members of such Executive’s Family Group), and during such
period, the certificates evidencing such shares shall be imprinted with the following legend:

“THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE DESIGNATED AS
“SALE BONUS SHARES” UNDER, AND ARE SUBJECT TO THE TERMS OF, THE
SECOND AMENDED AND RESTATED STOCKHOLDERS AGREEMENT, DATED AS OF
AUGUST 7, 2006, AMONG THE ISSUER OF SUCH SECURITIES (THE
“COMPANY”) AND CERTAIN OF THE COMPANY’S STOCKHOLDERS, AS
AMENDED FROM TIME TO TIME. A COPY OF SUCH AMENDED AND RESTATED
STOCKHOLDERS AGREEMENT SHALL BE FURNISHED WITHOUT CHARGE BY THE
COMPANY TO THE HOLDER HEREOF UPON WRITTEN REQUEST. ANY PURPORTED
TRANSFER OF THESE SECURITIES NOT IN ACCORDANCE WITH SUCH AMENDED AND
RESTATED STOCKHOLDERS AGREEMENT SHALL BE INVALID AND THE COMPANY
SHALL NOT RECORD SUCH TRANSFER ON ITS BOOKS.”

Each Executive filed a Section 83(b) election with the Internal Revenue Service with respect to
such Executive’s Sale Bonus Shares within 30 days of the effectiveness of the Merger.

     10. Legend. Each certificate evidencing Stockholder Shares and each certificate
issued in exchange for or upon the transfer of any Stockholder Shares (if such shares remain
Stockholder Shares after such transfer) shall be stamped or otherwise imprinted with a legend in
substantially the following form:

“THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO THE
SECOND AMENDED AND RESTATED STOCKHOLDERS AGREEMENT DATED AS OF
AUGUST 7, 2006, AMONG THE ISSUER OF SUCH SECURITIES (THE
“COMPANY”) AND CERTAIN OF THE COMPANY’S STOCKHOLDERS, AS
AMENDED AND MODIFIED FROM TIME TO TIME. A COPY OF SUCH AMENDED AND
RESTATED STOCKHOLDERS AGREEMENT SHALL BE FURNISHED WITHOUT CHARGE BY
THE COMPANY TO THE HOLDER HEREOF UPON WRITTEN REQUEST. ANY
PURPORTED TRANSFER OF THESE SECURITIES NOT IN ACCORDANCE WITH SUCH
AMENDED AND RESTATED STOCKHOLDERS AGREEMENT SHALL BE INVALID AND THE
COMPANY SHALL NOT RECORD SUCH TRANSFER ON ITS BOOKS.”

27

 

The Company shall imprint such legend on certificates evidencing Stockholder Shares outstanding as
of the date of this Agreement, and the Stockholders shall surrender their stock certificates to the
Company for such purpose. The legend set forth above shall be removed from the certificates
evidencing any shares which cease to be Stockholder Shares as provided in the definition of such
term in Section 13 hereof.

     11. Transferees Bound. Prior to Transferring any Stockholder Shares (other than in
connection with a Public Sale or a Sale of the Company) to any Person, the transferring holder of
Stockholder Shares shall cause the prospective transferee to be bound by this Agreement and to
execute and deliver to the Company and the other Stockholders a counterpart of this Agreement.

     12. Effectiveness.

          (a) The parties are entering into this Agreement in connection with the transactions
contemplated by the Acquisition. This Agreement shall become automatically effective upon, and
only upon, the closing of the Acquisition, at which time the First Amended Agreement shall
terminate automatically and be of no further force and effect. In the event the Acquisition is not
consummated and the Century Stock Purchase Agreement is terminated, this Agreement shall become
null and void and of no further force and effect.

          (b) Upon the distribution of the Century Shares to the Syufy Investor by CTH, CTH will cease
to be a party to this Agreement and thereafter will have no further rights or obligations
hereunder, and the Syufy Investor will become a Stockholder hereunder.

     13. Definitions.

          “Additional Securities” has the meaning set forth in Section 6(a).

          “Affiliate” of any Person is any other Person controlled by, controlling or under common
control with such Person and in the case of any Stockholder that is a partnership or limited
liability company, any partner or member of such Stockholder (provided that the Company shall not
be deemed to be an affiliate of any Stockholder) or in the case of any Stockholder that is a trust,
any beneficiary, trust for the benefit of the beneficiary or successor trust; provided that under
no circumstances shall (i) any of the Mitchell Investors or their Permitted Transferees be
Affiliates of (A) any of the Quadrangle Investors or their Permitted Transferees or (B) any of the
Syufy Investor or their Permitted Transferees, (ii) any of the Quadrangle Investors or their
Permitted Transferees be Affiliates of (A) any of the Mitchell Investors or their Permitted
Transferees or (B) any of the Syufy Investor or their Permitted Transferees, or (iii) any of the
Syufy Investor or their Permitted Transferees be Affiliates of (A) any of the Mitchell Investors or
their Permitted Transferees or (B) any of the Quadrangle Investors or their Permitted Transferees,
for purposes of this Agreement.

          “Available Shares” has the meaning set forth in Section 3(c)(iii).

          “Board” has the meaning set forth in the preamble.

28

 

          “Capital Lease Obligations” shall mean the obligations of the Company or its Subsidiaries to
pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real
or personal property, or a combination thereof, which obligations are required to be classified and
accounted for as capital leases on the Company or its Subsidiaries’ balance sheet under GAAP; and,
for the purposes of this Agreement, the amount of such obligations at any time shall be the
capitalized amount thereof at such time determined in accordance with GAAP provided that Capital
Lease obligations shall exclude the application of Emerging Issues Task Force Regulation 97-10 or
similar pronouncement.

          “Company Class A Common Stock” means, the Company’s Class A Common Stock, par value $0.001 per
share.

          “Company Preferred Stock” means the Company’s Preferred Stock, having the rights set forth
under the Company’s Amended and Restated Certificate of Incorporation.

          “Code” means the Internal Revenue Code of 1986, as amended.

          “Company” has the meaning set forth in the preamble.

          “Company Election Notice” has the meaning set forth in Section 3(c)(ii).

          “Company Offer Period” has the meaning set forth in Section 3(c)(ii).

          “Competitor” means any Person that directly or indirectly owns, operates or manages theatres
with an aggregate of more than 50 movie screens, each of which movie screens is used for the
primary purpose of exhibiting commercially distributed full-length motion pictures movie theatres
and any Affiliate of such Person.

          “Competitor Sale Election Notice” has the meaning set forth in Section 3(d)(ii).

          “Competitor Sale Election Period” has the meaning set forth in Section 3(d)(i).

          “Competitor Sale Offer Period” has the meaning set forth in Section 3(d)(ii).

          “Competitor Sale Offer Notice” has the meaning set forth in Section 3(d)(i).

          “Consolidated EBITDA” shall mean for any period, without duplication, Consolidated Net Income
for such period plus, to the extent reflected as a charge in the statement of such
Consolidated Net Income for such period, the sum of (a) income tax expense, (b) Consolidated
Interest Expense, amortization or write-off of debt discount and debt issuance costs and
commissions, discounts and other fees and charges associated with Indebtedness, (c) depreciation
and amortization expense, (d) amortization of intangibles (including, but not limited to, goodwill)
and organization costs, (e) any extraordinary, unusual or non-recurring expenses or losses
(including, whether or not otherwise includable as a separate item in the statement of such
Consolidated Net Income for such period, net losses on sales of assets outside of the ordinary
course of business), (f) any minority interest deduction, and (g) any other non-cash charges, and
minus, to the extent included in the statement of such Consolidated Net Income for such
period,

29

 

the sum of (a) interest income (except to the extent deducted in determining Consolidated
Interest Expense), (b) any extraordinary, unusual or non-recurring income or gains (including,
whether or not otherwise includable as a separate item in the statement of such Consolidated Net
Income for such period, net gains on sales of assets outside of the ordinary course of business),
and (c) any other non-cash income, all as determined on a consolidated basis; provided that
for purposes of calculating Consolidated EBITDA of the Company and its Subsidiaries for any period:

          (i) the Consolidated EBITDA of any Person acquired by the Company or its Subsidiaries
during such period shall be included on a pro forma basis (including any items which are
permitted to be added back to Consolidated Net Income under Regulation SX and any other
identifiable cost savings resulting from any such acquisition as well as the incremental
EBITDA associated with the annualized run-rate of theatres operated by the acquired Person
for less than one year prior to the date of acquisition, excluding any theatres opened for
less than six months) for such period (assuming the consummation of such acquisition and the
incurrence or assumption of any Indebtedness in connection therewith had occurred on the
first day of such period and without giving effect to clause (a) of the proviso set forth in
the definition of Consolidated Net Income) if the consolidated balance sheet of such
acquired Person and its consolidated Subsidiaries as at the end of the fiscal year preceding
the acquisition of such Person and the related consolidated statements of income and
stockholders’ equity and of cash flows for the period in respect of which Consolidated
EBITDA is to be calculated have been reported on without a qualification arising out of the
scope of the audit by independent certified public accountants of nationally recognized
standing or have been found reasonably acceptable by the Mitchell Investors; and

          (ii) the Consolidated EBITDA of any Subsidiary disposed of by the Company or its
Subsidiaries during such period shall be excluded for such period (assuming the consummation
of such disposition and the repayment of any Indebtedness in connection therewith had
occurred on the first day of such period).

          “Consolidated Interest Expense” shall mean for any period, total cash interest expense
(including that attributable to Capital Lease Obligations) of the Company and its Subsidiaries for
such period with respect to all outstanding Indebtedness of the Company and its Subsidiaries
(including, without limitation, all commissions, discounts and other fees and charges owed by the
Company with respect to letters of credit and bankers’ acceptance financing and net costs of the
Company under Hedge Agreements in respect of interest rates to the extent such net costs are
allocable to such period in accordance with GAAP).

          “Consolidated Net Income” shall mean for any period, the consolidated net income (or loss) of
the Company and its Subsidiaries for such period, determined on a consolidated basis in accordance
with GAAP; provided, that in calculating Consolidated Net Income of the Company and its
Subsidiaries for any period, there shall be excluded (a) the income (or deficit) of any Person
accrued prior to the date it becomes a Subsidiary of the Company or is merged into or consolidated
with the Company or any of its Subsidiaries, and (b) the income (or deficit) of any Person (that is
not a Subsidiary) in which the Company or any of

30

 

its Subsidiaries has an ownership interest, except to the extent that any such income is
actually received by the Company or such Subsidiary in the form of dividends or similar
distributions or payment of principal or interest of inter-company Indebtedness.

          “Consolidated Total Debt” shall mean at any date, the aggregate amount of all Indebtedness of
the Company and its Subsidiaries at such date, determined on a consolidated basis in accordance
with GAAP, excluding inter-company Indebtedness.

          “Debt-to-EBITDA Ratio” means as at the last day of any period of four consecutive fiscal
quarters of the Company, the ratio of (a) Consolidated Total Debt on such day to (b) Consolidated
EBITDA for such period.

          “Election Period” has the meaning set forth in the preamble.

          “Executives” has the meaning set forth in the preamble.

          “Exempt Transfer” has the meaning set forth in Section 3(b).

          “Family Group” with respect to any Stockholder, means, such Stockholder’s spouse and
descendants (whether natural or adopted) and any trust that is and remains solely for the benefit
of such Stockholder and/or such Stockholder’s spouse and/or descendants.

          “GAAP” shall mean generally accepted accounting principles in the United States of America as
in effect from time to time.

          “Hedge Agreements” shall mean all interest rate or currency swaps, caps or collar agreements,
foreign exchange agreements, commodity contracts or similar arrangements entered into by the
Company or its Subsidiaries providing for protection against fluctuations in interest rates,
currency exchange rates, commodity prices or the exchange of nominal interest obligations, either
generally or under specific contingencies. For avoidance of doubt, Hedge Agreements shall include
any interest rate swap or similar agreement that provides for the payment by the Company or any of
its Subsidiaries of amounts based upon a floating rate in exchange for receipt by the Company or
such Subsidiary of amounts based upon a fixed rate.

          “Indebtedness” shall mean at any date, without duplication, (a) all indebtedness of such
Person for borrowed money, (b) all obligations of the Company or its Subsidiaries for the deferred
purchase price of Property or services (other than trade payables incurred in the ordinary course
of the Company’s or its Subsidiaries’ business), (c) all obligations of the Company or its
Subsidiaries evidenced by notes, bonds, debentures or other similar instruments, (d) all
indebtedness created or arising under any conditional sale or other title retention agreement with
respect to Property acquired by the Company or its Subsidiaries (even though the rights and
remedies of the seller or lender under such agreement in the event of default are limited to
repossession or sale of such Property, provided that, in such event, the amount of such
Indebtedness shall be deemed to be the value of the Property covered by such agreement), and (e)
all Capital Lease Obligations or Synthetic Lease Obligations of the Company or its Subsidiaries.
For purposes of clarification, “Indebtedness” shall not include accounts payable or accrued
operating expenses of the Company or any of its Subsidiaries.

31

 

          “Independent Third Party” means any Person other than MDCP or the Mitchell Investors.

          “Initial Allocation” has the meaning set forth in Section 3(c)(iii).

          “Initial Allocation Sum” has the meaning set forth in Section 3(c)(iii).

          “Initial Public Offering” means an underwritten initial public offering of the Company’s
Company Class A Common Stock registered under the Securities Act resulting in the sale to the
public of shares with an aggregate selling price of not less than $100 million.

          “Investor” means each of MDCP, the Mitchell Investors, the Quadrangle Investors and the Syufy
Investor and their respective Permitted Transferees.

          “Market Stand-Off” has the meaning set forth in Section 5.

          “MDCP” has the meaning set forth in the preamble.

          “MDCP Sale Election Notice” has the meaning set forth in the Section 3(e).

          “MDCP Sale Notice” has the meaning set forth in the Section 3(e).

          “MDCP Sale Period” has the meaning set forth in the Section 3(e).

          “Merger” has the meaning set forth in the preamble.

          “Merger Agreement” means the Agreement and Plan of Merger, dated as of March 12, 2004, between
the Company and Popcorn Merger Corp. pursuant to which Popcorn Merger Corp. merged with and into
the Company, with the Company continuing as the surviving corporation.

          “Merger Consideration” has the meaning set forth in the Merger Agreement.

          “Mitchell-Quadrangle-Syufy Election Notice” has the meaning set forth in Section 3(d)(iii).

          “Mitchell Directors” has the meaning set forth in Section 1(a)(ii)(A).

          “Mitchell Investors” has the meaning set forth in the preamble.

          “Modification” has the meaning set forth in Section 15.

          “New Employment Agreements” means the Employment Agreements, dated as of the March 12, 2004,
between the Company and each of Alan Stock, Timothy Warner, Robert Copple and Michael Cavalier.

          “Offer Notice” has the meaning set forth in Section 3(c)(i).

32

 

          “Offered Shares” has the meaning set forth in Section 3(c)(i).

          “Option Shares” has the meaning set forth in Section 6(a).

          “Original Agreement” has the meaning set forth in the preamble.

          “Other Stockholders” has the meaning set forth in Section 3(e)(i).

          “Participating Stockholder” has the meaning set forth in Section 3(c)(iii).

          “Permitted Transferee” has the meaning set forth in Section 3(b).

          “Person” means an individual, a partnership, a corporation, a limited liability company, an
association, a joint stock company, a trust, a joint venture, an unincorporated organization and a
governmental entity or any department, agency or political subdivision thereof.

          “Property” shall mean any right or interest in or to property of any kind whatsoever, whether
real, personal or mixed and whether tangible or intangible, including, without limitation, Capital
Stock.

          “Pro Rata Share” has the meaning set forth in Section 3(c)(iii).

          “Public Sale” means any sale of Stockholder Shares to the public pursuant to an offering
registered under the Securities Act or to the public through a broker, dealer or market maker on a
securities exchange or in the over-the-counter market pursuant to the provisions of Rule 144
adopted under the Securities Act.

          “MDCP Purchase Agreement” has the meaning set forth in the preamble.

          “Quadrangle Director” has the meaning set forth in Section 1(a)(ii)(C).

          “Quadrangle Group, LLC” means Quadrangle Group, LLC, a Delaware limited liability company.

          “Quadrangle Investors” has the meaning set forth in the preamble.

          “Quadrangle Purchase Agreement” has the meaning set forth in the preamble.

          “Qualified Permitted Transferee” means (i) with respect to the Mitchell Investors, any
Permitted Transferee of the Mitchell Investors and (ii) with respect to the Quadrangle Investors,
any Person under common control with the Quadrangle Investors.

          “Registration Agreement” means the Registration Agreement, dated as of August 7, 2006, among
the Company, MDCP, the Mitchell Investors, the Quadrangle Investors, the Syufy Investor and the
other signatories thereto, as may be further amended from time to time.

          “Remaining Available Shares” has the meaning set forth in Section 3(c)(iii).

33

 

          “Remaining Participating Stockholder” has the meaning set forth in Section 3(c)(iii).

          “Remaining Pro Rata Share” has the meaning set forth in Section 3(c)(iii).

          “Sale Bonus Agreement” means the Sale Bonus Agreement dated as of March 12, 2004, among the
Company, the Executives and certain other shareholders of the Company.

          “Sale of the Company” means the sale of the Company to an Independent Third Party or group of
Independent Third Parties pursuant to which such party or parties acquire (i) capital stock of the
Company or the surviving entity possessing the voting power under normal circumstances to elect a
majority of the Company’s or the surviving entity’s board of directors or entitling such Person to
exercise more than fifty percent (50%) of the total voting power of the shares of capital stock of
the Company or the surviving entity entitled to vote (whether by merger, consolidation or sale or
transfer of the Company’s capital stock) or (ii) all or substantially all of the Company’s assets
determined on a consolidated basis.

          “Securities Act” means the Securities Act of 1933, as amended from time to time.

          “Stockholders Election Notice” has the meaning set forth in Section 3(c)(iii).

          “Stockholder Shares” means (i) any Company Class A Common Stock owned by any Stockholder and
(ii) any capital stock or other equity securities issued or issuable directly or indirectly with
respect to the Company Class A Common Stock referred to in clause (i) above by way of stock
dividend or stock split or in connection with a combination of shares, recapitalization, merger,
consolidation or other reorganization. As to any particular shares constituting Stockholder
Shares, such shares shall cease to be Stockholder Shares when they have been (x) effectively
registered under the Securities Act and disposed of in accordance with the registration statement
covering them or (y) sold to the public through a broker, dealer or market maker on a securities
exchange or in the over-the-counter market pursuant to Rule 144 (or any similar provision then in
force) under the Securities Act.

          “Stockholders” has the meaning set forth in the preamble.

          “Subsidiary” means, with respect to any Person, any corporation, limited liability company,
partnership, association or other business entity of which (i) if a corporation, a majority of the
total voting power of shares of stock entitled (without regard to the occurrence of any
contingency) to vote in the election of directors, managers or trustees thereof is at the time
owned or controlled, directly or indirectly, by that Person or one or more of the other
Subsidiaries of that Person or a combination thereof, or (ii) if a limited liability company,
partnership, association or other business entity, a majority of the limited liability company,
partnership or other similar ownership interest thereof is at the time owned or controlled,
directly or indirectly, by any Person or one or more Subsidiaries of that Person or a combination
thereof. For purposes hereof, a Person or Persons shall be deemed to have a majority ownership
interest in a limited liability company, partnership, association or other business entity if such
Person or Persons shall be allocated a majority of limited liability company, partnership,
association or

34

 

other business entity gains or losses or shall be or control the managing director or general partner of such
limited liability company, partnership, association or other business entity.

          “Synthetic Lease Obligations” shall mean all monetary obligations of the Company or its
Subsidiaries under (a) a so-called synthetic, off-balance sheet or tax retention lease, or (b) an
agreement for the use or possession of property creating obligations which do not appear on the
balance sheet of the Company or its Subsidiaries but which, upon the insolvency or bankruptcy of
the Company or its Subsidiaries, would be characterized as the Indebtedness of the Company or its
Subsidiaries (without regard to accounting treatment).

          “Syufy Director” has the meaning set forth in Section 1(a)(ii)(D).

          “Syufy Enterprises” means Syufy Enterprises, LP, a California limited partnership.

          “Syufy Investor” has the meaning set forth in the preamble.

          “Syufy Contribution Agreement” has the meaning set forth in the preamble.

          “Transfer” has the meaning set forth in Section 3(a).

          “Transferring Stockholder” has the meaning set forth in Section 3(c).

          “Western Hemisphere” means the continents of North America, Central America and South America.

     14. Additional Parties; Joinder. The Company may permit any Person who acquires
Company Class A Common Stock or rights to acquire Company Class A Common Stock after the date
hereof (the “Acquired Common”) to become a party to this Agreement and to succeed to all of the
rights and obligations of a “holder of Stockholder Shares” under this Agreement by obtaining an
executed joinder to this Agreement from such Person in the form of Exhibit A attached
hereto. Upon the execution and delivery of the joinder by such Person, such Person’s Acquired
Common shall be Stockholder Shares hereunder, and such Person shall be a “holder of Stockholder
Shares” under this Agreement with respect to the Acquired Common.

     15. Amendment and Waiver. Except as otherwise provided herein, no modification,
amendment or waiver of any provision of this Agreement (any such modification, amendment or waiver,
referred to herein as a “Modification”) shall be effective against the Company or any holder of
Stockholder Shares unless such Modification is approved in writing by the Company and the holder or
holders of a majority of the Stockholder Shares outstanding; provided that with respect to any
Modification that adversely affects the rights hereunder of a particular group of holders of
Stockholder Shares, each such group being the Mitchell Investors, the Quadrangle Investors, the
Syufy Investor, the Executives and MDCP (in each case together with their respective Permitted
Transferees), in any material respect different than the other groups of holders of Stockholder
Shares, such Modification shall be effective against such particular group only if such
Modification is approved in writing by the holder or holders of a majority of all of the
Stockholder Shares held by such group. The failure of any party to enforce any of the

35

 

provisions of this Agreement shall in no way be construed as a waiver of such provisions and
shall not affect the right of such party thereafter to enforce each and every provision of this
Agreement in accordance with its terms.

     16. Severability. Whenever possible, each provision of this Agreement shall be
interpreted in such manner as to be effective and valid under applicable law, but if any provision
of this Agreement is held to be invalid, illegal or unenforceable in any respect under any
applicable law or rule in any jurisdiction, such invalidity, illegality or unenforceability shall
not affect the validity, legality or enforceability of any other provision of this Agreement in
such jurisdiction or affect the validity, legality or enforceability of any provision in any other
jurisdiction, but this Agreement shall be reformed, construed and enforced in such jurisdiction as
if such invalid, illegal or unenforceable provision had never been contained herein.

     17. Entire Agreement. Except as otherwise expressly set forth herein, this Agreement
embodies the complete agreement and understanding among the parties hereto with respect to the
subject matter hereof and supersedes and preempts any prior understandings, agreements or
representations by or among the parties, written or oral, which may have related to the subject
matter hereof in any way.

     18. Successors and Assigns. Except as otherwise provided herein, this Agreement shall
bind and inure to the benefit of and be enforceable by the Company and its successors and assigns
and the Stockholders and any subsequent holders of Stockholder Shares and the respective successors
and assigns of each of them, so long as they hold Stockholder Shares; provided that the rights of
the Mitchell Investors under Section 1 hereof may not be assigned to Persons other than Qualified
Permitted Transferees without the prior written approval of MDCP.

     19. Counterparts. This Agreement may be executed in multiple counterparts, each of
which shall be an original and all of which taken together shall constitute one and the same
agreement.

     20. Remedies. The Company and the Stockholders shall be entitled to enforce their
rights under this Agreement specifically, to recover damages by reason of any breach of any
provision of this Agreement and to exercise all other rights existing in their favor. The parties
hereto agree and acknowledge that a breach of this Agreement would cause irreparable harm and money
damages would not be an adequate remedy for any such breach and that, in addition to other rights
and remedies hereunder, the Company and the Stockholders shall be entitled to specific performance
and/or injunctive or other equitable relief (without posting a bond or other security) from any
court of law or equity of competent jurisdiction in order to enforce or prevent any violation of
the provisions of this Agreement.

     21. Notices. Any notice provided for in this Agreement shall be in writing and shall
be either personally delivered, or mailed first class mail (postage prepaid, return receipt
requested) or sent by reputable overnight courier service (charges prepaid) to the Company and MDCP
at the addresses set forth below and to any other recipient at the address indicated on the
schedules hereto and to any subsequent holder of Stockholder Shares subject to this Agreement at
such address as indicated by the Company’s records, or at such address or to the attention of
such other person as the recipient party has specified by prior written notice to the sending
party.

36

 

Notices shall be deemed to have been given hereunder when delivered personally, three days
after deposit in the U.S. mail and one day after deposit with a reputable overnight courier
service.

	 	 	 	 	 
	The Company’s address is:

	 	Cinemark Holdings, Inc.

3900 Dallas Parkway, Suite 500

Plano, Texas 75093

Facsimile: (972) 665-1004

Attention: Michael Cavalier
	 	 
	 
	 	 	 	 
	MDCP’s address is:

	 	Madison Dearborn Capital Partners IV, L.P.	 	 
	 

	 	Three First National Plaza, Suite 3800

70 West Madison Street

Chicago, IL 60602

Attention: Benjamin D. Chereskin	 	 

     22. Governing Law. All issues and questions concerning the construction, validity,
interpretation and enforceability of this Agreement and the exhibits and schedules hereto shall be
governed by, and construed in accordance with, the laws of the State of Delaware, without giving
effect to any choice of law or conflict of law rules or provisions (whether of the State of
Delaware or any other jurisdiction) that would cause the application of the laws of any
jurisdiction other than the State of Delaware.

     23. Business Days. If any time period for giving notice or taking action hereunder
expires on a day which is a Saturday, Sunday or legal holiday in the state in which the Company’s
chief-executive office is located, the time period shall automatically be extended to the business
day immediately following such Saturday, Sunday or legal holiday.

     24. Descriptive Headings. The descriptive headings of this Agreement are inserted for
convenience only and do not constitute a part of this Agreement.

     25. No Strict Construction. The language used in this Agreement shall be deemed to be
the language chosen by the parties hereto to express their mutual intent, and no rule of strict
construction shall be applied against any party.

     26. Mutual Waiver of Jury Trial. The parties hereto hereby irrevocably waive any and
all rights to trial by jury in any legal proceeding arising out of or related to this Agreement.
Any action or proceeding whatsoever between the parties hereto relating to this Agreement shall be
tried in a court of competent jurisdiction by a judge sitting without a jury.

[SIGNATURE PAGES FOLLOWS]

37

 

     IN WITNESS WHEREOF, the parties hereto have executed this Stockholders Agreement on the
day and year first above written.

	 	 	 	 	 	 	 	 	 	 	 
	CINEMARK HOLDINGS, INC.	 	 	 	MADISON DEARBORN CAPITAL PARTNERS IV, L.P.	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:
	 	Madison Dearborn Partners, IV L.P.

its General Partner	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:
	 	Madison Dearborn Partners, LLC,

its General Partner	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	/s/ Lee Roy Mitchell
 

Lee Roy Mitchell
	 	 	 	By:
	 	/s/ Robin P. Selati
 

Robin P. Selati
	 	 
	 

	 	Its Chief Executive Officer
	 	 	 	 	 	Its Managing Director	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	THE MITCHELL SPECIAL TRUST	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	/s/ Lee Roy Mitchell	 	 	 	By:	 	/s/ Lee Roy Mitchell	 	 
	 	 	 	 	 	 	 	 	 
	Lee Roy Mitchell	 	 	 	 	 	Lee Roy Mitchell

Trustee	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	/s/ Alan Stock	 	 	 	By:	 	/s/ Gary D. Witherspoon	 	 
	 	 	 	 	 	 	 	 	 
	Alan Stock	 	 	 	 	 	Gary D. Witherspoon	 	 
	 

	 	 	 	 	 	 	 	Trustee	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	/s/ Timothy Warner	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	Timothy Warner	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	/s/ Robert Copple	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	Robert Copple	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	/s/ Michael Cavalier	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	Michael Cavalier	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	NORTHWESTERN UNIVERSITY	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	/s/ William H. McLean
 

William H. McLean

Its Vice President and
Chief Investment Officer
	 	 	 	 	 	 	 	 

 

 

	 	 	 	 	 
	 	QUADRANGLE CAPITAL PARTNERS LP

 	 
	 	By:  	Quadrangle GP Investors LP
 	 
	 	Its:  	 General Partner 
	 	 	 
	 	By:  	                     Quadrangle GP Investors, LLC
 	 
	 	Its:  	      General Partner 	 
	 	 	 
	 	By:  	                     /s/ Peter Ezersky
 	 
	 	 	Peter Ezersky 	 
	 	 	Its Managing Principal 	 
	 	 	 
	 	QUADRANGLE SELECT PARTNERS LP

 	 
	 	By:  	Quadrangle GP Investors LP
 	 
	 	Its:  	  General Partner 	 
	 	 	 
	 	By:  	                     Quadrangle GP Investors, LLC
 	 
	 	Its:  	     General Partner 	 
	 	 	 
	 	By:  	                     /s/ Peter Ezersky
 	 
	 	 	Peter Ezersky 	 
	 	 	Its Managing Principal 	 
	 
	 	QUADRANGLE CAPITAL PARTNERS A LP

 	 
	 	By:  	Quadrangle GP Investors LP
 	 
	 	Its:  	    General Partner 	 
	 	 	 
	 	By:  	                     Quadrangle GP Investors, LLC
 	 
	 	Its:  	    General Partner 	 
	 	 	 
	 	By:  	                     /s/ Peter Ezersky
 	 
	 	 	Peter Ezersky 	 
	 	 	Its Managing Principal 	 
	 
	 	QUADRANGLE (CINEMARK) CAPITAL PARTNERS LP

 	 
	 	By:  	/s/ Peter Ezersky
 	 
	 	 	Peter Ezersky 	 
	 	 	Managing Principal 	 
	 

 

 

     IN WITNESS WHEREOF, the parties hereto have executed this Stockholders Agreement on the day
and year first above written.

	 	 	 	 	 
	 	 	 
	 	/s/ John Madigan
 	 
	 	John Madigan 	 
	 	 	 
	 
	 	K&E INVESTMENT PARTNERS, LLC — 2004-B DIF

 	 
	 	By:  	/s/ Jack S. Levin
 	 
	 	 	Jack S. Levin 	 
	 	 	Its Manager 	 
	 
	 	PIOLA INVESTMENTS LTD.

 	 
	 	By:  	/s/ Riccardo Arduini
 	 
	 	 	Riccardo Arduini 	 
	 	 	Its Director 	 

 

 

	 	 	 	 	 

     IN WITNESS WHEREOF, the parties hereto have executed this Stockholders Agreement on the day
and year first above written.

	 	 	 	 	 
	 	SYUFY ENTERPRISES, LP

 	 
	 	By:  	/s/ Joseph Syufy
 	 
	 	 	Joseph Syufy 	 
	 	 	President of Syufy Properties, Inc.

Its General Partner 	 
	 
	 	CENTURY THEATRES HOLDINGS, LLC

 	 
	 	By:  	/s/ Joseph Syufy
 	 
	 	 	Joseph Syufy 	 
	 	 	Its Presidentexv4w5

 

EXHIBIT 4.5

CINEMARK HOLDINGS, INC.

REGISTRATION AGREEMENT

     THIS REGISTRATION AGREEMENT (this “Agreement”) is made as of August 7, 2006, among Cinemark
Holdings, Inc., a Delaware corporation (the “Company”), Madison Dearborn Capital Partners IV, L.P.,
a Delaware limited partnership (“MDCP”), Lee Roy Mitchell and The Mitchell Special Trust
(collectively, the “Mitchell Investors”), Northwestern University (“NWU”), K&E Investment Partners,
LLC — 2004-B DIF (“K&E”), Piola Investments Ltd. (“Piola”), John Madigan (“Madigan”), Quadrangle
Capital Partners LP, Quadrangle Select Partners LP, Quadrangle (Cinemark) Capital Partners LP and
Quadrangle Capital Partners A LP (collectively, the “Quadrangle Investors”), Syufy Enterprises, LP,
a California limited partnership (the “Syufy Investor”), and Century Theatres Holdings, LLC, a
California limited liability company (“CTH”). MDCP, the Mitchell Investors, the Quadrangle
Investors, the Syufy Investor, CTH, NWU, K&E, Piola and Madigan are collectively referred to herein
as the “Investors” and individually as an “Investor.” Unless otherwise specified herein, all of
the capitalized terms used herein are defined in paragraph 10 hereof.

     WHEREAS, MDCP acquired shares of Class A Common Stock (“Cinemark Class A Common Stock”) of
Cinemark, Inc., a Delaware corporation (“Cinemark”), pursuant to the Stock Purchase Agreement
between MDCP and the Company dated as of March 12, 2004 (the “MDCP Purchase Agreement”);

     WHEREAS, Cinemark, MDCP and the Mitchell Investors and other stockholders are parties to that
certain Registration Agreement dated March 12, 2004, (the “Original Agreement”);

     WHEREAS, pursuant to a securities purchase agreement dated as of December 30, 2004 (the
“Quadrangle Purchase Agreement”), the Quadrangle Investors acquired a portion of the Cinemark Class
A Common Stock held by MDCP immediately prior to the execution of the Quadrangle Purchase
Agreement;

     WHEREAS, in connection with the Quadrangle Purchase Agreement, the Original Agreement was
amended to provide for the Quadrangle Investors to become parties thereto and to be provided
certain registration rights thereunder (as so amended, the “Amended Agreement”);

     WHEREAS, pursuant to a certain securities purchase agreement dated as of December 30, 2004,
K&E acquired shares of Cinemark Class A Common Stock previously held by MDCP and became a party to
the Original Agreement by executing a joinder thereto in accordance with Section 8 thereof;

     WHEREAS, pursuant to a certain securities purchase agreement dated as of July 5, 2005 (the
“Piola Purchase Agreement”), Piola acquired shares of Cinemark Class A Common Stock from Cinemark
and became a party to the Amended Agreement by executing a joinder thereto in accordance with
Section 8 thereof;

 

 

     WHEREAS, NWU and Madigan acquired shares of Cinemark Class A Common Stock previously held by
MDCP pursuant to certain securities purchase agreements with MDCP and became parties to the
Original Agreement by executing joinders thereto in accordance with Section 8 thereof;

     WHEREAS, pursuant to a contribution and exchange agreement dated as of the date hereof (the
“Syufy Contribution Agreement”), the Syufy Investor will receive 3,388,466 shares of Company Class
A Common Stock in exchange for the contribution (the “Syufy Contribution”) by the Syufy Investor of
certain shares of common stock of Century Theatres, Inc. (“Century”);

     WHEREAS, the Contribution is being made in connection with the Company’s and Cinemark USA,
Inc.’s acquisition of Century (the “Acquisition”) pursuant to a Stock Purchase Agreement, dated as
of the date hereof, by and among Century, CTH, the Syufy Investor, the Company and Cinemark USA,
Inc. (the “Century Stock Purchase Agreement”);

     WHEREAS, as of the date of this Agreement, CTH owns all of the issued and outstanding shares
of capital stock of Century (the “Century Shares”), and the Syufy Investor owns all of the
outstanding limited liability company interests of CTH;

     WHEREAS, prior to the closing, CTH will distribute all of the Century Shares to the Syufy
Investor and thereafter CTH will be dissolved pursuant to the Beverly-Killea Limited Liability
Company Act, as amended, immediately after which the Syufy Investor will own all of the Century
Shares and become an Investor hereunder;

     WHEREAS, upon the distribution of the Century Shares to the Syufy Investor by CTH, CTH will
cease to be a party to this Agreement and thereafter will have no further rights or obligations
hereunder.

     WHEREAS, immediately prior to and in connection with the Acquisition, each Stockholder will
contribute one hundred percent of such Stockholder’s shares of Cinemark Class A Common Stock and
Cinemark Preferred Stock (if any) to the Company (the “Cinemark Inc. Contribution”) in exchange for
an equivalent number of shares of Company Class A Common Stock and Company Preferred Stock,
pursuant to a Contribution Agreement dated as of the date hereof by and among the Company and the
Investors (the “Company Contribution Agreement”); and

     WHEREAS, the Company and the Investors desire to enter into this Agreement for the purposes of
implementing the terms of this Agreement, all to become effective immediately following the
Cinemark Inc. Contribution and Syufy Contribution and conditioned upon the closing of the
Acquisition as more fully described below.

     NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties
to this Agreement hereby agree as follows:

2

 

     1. Effectiveness.

          (a) The parties are entering into this Agreement in connection with the transactions
contemplated by the Acquisition. This Agreement shall become automatically effective upon, and
only upon, the closing of the Acquisition, at which time the Amended Agreement shall terminate
automatically and be of no further force and effect. In the event the Acquisition is not
consummated and the Stock Purchase Agreement, dated as of the date hereof by and among the Company,
Cinemark USA, Inc. and the Syufy Investor, is terminated, this Agreement shall become null and void
and of no further force and effect.

          (b) Upon the distribution of the Century Shares to the Syufy Investor by CTH, CTH will cease
to be a party to this Agreement and thereafter will have no further rights or obligations
hereunder, and the Syufy Investor will become an Investor hereunder.

     2. Demand Registrations.

          (a) Requests for Registration. Subject to the terms and conditions of this Agreement,
at any time the holders of a majority of the MDCP Registrable Securities may request registration
under the Securities Act of all or any portion of their Registrable Securities on Form S-1 or any
similar long-form registration (“Long-Form Registrations”). Subject to the terms and conditions of
this Agreement, at any time after the first to occur of (i) the third anniversary of the Closing
under the MDCP Purchase Agreement, (ii) 180 days after the completion of an initial public offering
of the Company Class A Common Stock registered under the Securities Act (the “IPO”), or (iii) the
Company achieves or exceeds its annual EBITDA target as set forth in the Company’s Five-Year Plan
for any two consecutive fiscal years prior to the end of the Company’s 2008 fiscal year, the
holders of a majority of the Mitchell Registrable Securities may request registration under the
Securities Act of all or any portion of their respective Registrable Securities on a Long-Form
Registration; provided that in the case of the first Demand Registrations under clauses (i) and
(iii) above, the registration offering price per share of Company Class A Common Stock must be at
least twice the initial cost per share of the Cinemark Class A Common Stock purchased by MDCP under
the MDCP Purchase Agreement. Subject to the terms and conditions of this Agreement, at any time
after 180 days after the completion of an IPO, (i) the holders of a majority of the Quadrangle
Registrable Securities and (ii) the holders of a majority of the Syufy Registrable Securities, each
as a separate group, may request registration under the Securities Act of all or any of their
Registrable Securities on a Long-Form Registration. In addition, subject to the terms and
conditions of this Agreement, at any time after the IPO, the holders of a majority of the MDCP
Registrable Securities, the holders of a majority of the Mitchell Registrable Securities, the
holders of a majority of the Quadrangle Registrable Securities and the holders of a majority of the
Syufy Registrable Securities, each as a separate group, may request registration under the
Securities Act of all or any portion of their respective Registrable Securities on Form S-3
(including pursuant to Rule 415 under the Securities Act) or any similar short-form registration
(“Short-Form Registrations”) if available. All registrations requested pursuant to this paragraph
2(a) are referred to herein as “Demand Registrations.” Each request for a Demand Registration
shall specify the approximate number of Registrable Securities requested to be registered, the
anticipated per share price range for such offering and the intended method of distribution.
Within ten days after receipt of any such request, the Company shall give written notice of such
requested registration to all other holders

3

 

of Registrable Securities and, subject to the terms of paragraph 2(d) hereof, shall include in
such registration (and in all related registrations and qualifications under state blue sky laws or
in compliance with other registration requirements and in any related underwriting) all Registrable
Securities with respect to which the Company has received written requests for inclusion therein
within 15 days after the receipt of the Company’s notice.

          (b) Long-Form Registrations. Subject to paragraph 2(d) of this Agreement, the holders
of a majority of the MDCP Registrable Securities shall be entitled to request four Long-Form
Registrations, the holders of a majority of the Mitchell Registrable Securities shall be entitled
to request two Long-Form Registrations, the holders of a majority of the Quadrangle Registrable
Securities shall be entitled to request one Long-Form Registration and the holders of a majority of
the Syufy Registrable Securities shall be entitled to request one Long-Form Registration. The
Company shall pay all Registration Expenses in connection with such Long-Form Registrations as
provided in this Agreement; provided that the aggregate offering value of the Registrable
Securities requested to be registered in connection with a Long-Form Registration which is the IPO
must equal at least $100,000,000, and the aggregate offering value of the Registrable Securities
requested to be registered in any other Long-Form Registration must equal at least $50,000,000. A
registration shall not count as one of the permitted Long-Form Registrations with respect to a
holder until it has become effective and maintained continuously effective for a period of at least
three months or such shorter period when all Registrable Securities included therein have been sold
in accordance therewith (unless such Long-Form Registration has not become effective due to the
fault of the holders requesting such registration). All Long-Form Registrations shall be
underwritten registrations.

          (c) Short-Form Registrations. In addition to the Long-Form Registrations provided
pursuant to paragraph 2(b), the holders of the MDCP Registrable Securities, the Mitchell
Registrable Securities, the Quadrangle Registrable Securities and the Syufy Registrable Securities,
each as a separate group, shall be entitled to request an unlimited number of Short-Form
Registrations in which the Company shall pay all Registration Expenses; provided that the aggregate
offering value of the Registrable Securities requested to be registered in any Short-Form
Registration must equal at least $20,000,000. Demand Registrations shall be Short-Form
Registrations whenever the Company is permitted to use any applicable short form and if the
managing underwriters (if any) agree to the use of a Short-Form Registration.

          (d) Priority on Demand Registrations. The Company shall not include in any Demand
Registration any securities which are not Registrable Securities without the prior written consent
of the holders of a majority of the Registrable Securities included in such registration. If a
Demand Registration is an underwritten offering and the managing underwriters advise the Company in
writing that in their reasonable opinion the number of Registrable Securities and, if permitted
hereunder, other securities requested to be included in such offering exceeds the number of
Registrable Securities and other securities, if any, which can be sold therein without adversely
affecting the marketability of the offering, the Company shall include in such registration prior
to the inclusion of any securities which are not Registrable Securities the number of Registrable
Securities requested to be included which in the reasonable opinion of such underwriters can be
sold without adversely affecting the marketability of the offering, pro rata among the respective
holders thereof on the basis of the amount of Registrable Securities owned by each such holder at
such time; provided that, if the holder of Registrable Securities

4

 

that demands a Long-Form Registration under this Section 2 is unable to include in such
Long-Form Registration at least 66 2/3% of the number of Registrable Securities
requested to be included by such holder in such Long-Form Registration because of the limits
imposed under this paragraph 2(d) of this Agreement, then such Long-Form Registration shall not be
counted for purposes of the limits on the number of Long-Form Registrations such holder is
permitted to demand under paragraph 2(b) of this Agreement. Any Persons other than holders of
Registrable Securities who participate in Demand Registrations which are not at the Company’s
expense must pay their share of the Registration Expenses as provided in paragraph 6 hereof.

          (e) Restrictions on Demand Registrations. The Company shall not be obligated to
effect any Demand Registration within 180 days after the effective date of a previous Demand
Registration or Piggyback Registration hereunder. The Company may postpone the filing or the
effectiveness of a registration statement for a period not to exceed 180 days for a Demand
Registration if the Company’s board of directors determines in its reasonable good faith judgment
that such Demand Registration would reasonably be expected to have a material adverse effect on any
proposal or plan by the Company or any of its Subsidiaries to engage in any acquisition or sale of
assets (other than in the ordinary course of business) or any merger, consolidation, tender offer,
acquisition, recapitalization, reorganization or similar transaction or would require the
disclosure of any material nonpublic information which would reasonably be expected to be
detrimental to the Company and its Subsidiaries; provided that in such event, the holders of
Registrable Securities initially requesting such Demand Registration shall be entitled to withdraw
such request and, if such request is withdrawn, such Demand Registration shall not count as one of
the permitted Demand Registrations hereunder and the Company shall pay all Registration Expenses in
connection with such registration and provided that the Company may not exercise its right to delay
a Demand Registration more than once in any twelve-month period.

          (f) Selection of Underwriters. The Company shall have the right to select the
investment banker(s) and manager(s) to administer the offering in any Demand Registration.

     3. Piggyback Registrations.

          (a) Right to Piggyback. Whenever the Company proposes to register any of its
securities under the Securities Act (other than pursuant to a Demand Registration) and the
registration form to be used may be used for the registration of Registrable Securities (a
“Piggyback Registration”), the Company shall give prompt written notice (in any event within five
business days after its receipt of notice of any exercise of demand registration rights other than
under this Agreement) to all holders of Registrable Securities of its intention to effect such a
registration and, subject to the terms of paragraphs 3(c) and 3(d) hereof, shall include in such
registration (and in all related registrations or qualifications under blue sky laws or in
compliance with other registration requirements and in any related underwriting) all Registrable
Securities with respect to which the Company has received written requests for inclusion therein
within 15 days after the receipt of the Company’s notice.

          (b) Piggyback Expenses. The Registration Expenses of the holders of Registrable
Securities shall be paid by the Company in all Piggyback Registrations.

5

 

          (c) Priority on Primary Registrations. If a Piggyback Registration is an underwritten
primary registration on behalf of the Company, and the managing underwriters advise the Company in
writing that in their reasonable opinion the number of securities requested to be included in such
registration exceeds the number which can be sold in such offering without adversely affecting the
marketability of the offering, the Company shall include in such registration (i) first, the
securities the Company proposes to sell, (ii) second, the Registrable Securities requested to be
included in such registration, pro rata among the holders of such Registrable Securities on the
basis of the number of Registrable Securities owned by each such holder at such time, and (iii)
third, other securities requested to be included in such registration.

          (d) Priority on Secondary Registrations. If a Piggyback Registration is an
underwritten secondary registration on behalf of holders of the Company’s securities, and the
managing underwriters advise the Company in writing that in their reasonable opinion the number of
securities requested to be included in such registration exceeds the number which can be sold in
such offering without adversely affecting the marketability of the offering, the Company shall
include in such registration (i) first, the securities requested to be included therein by the
holders requesting such registration and the Registrable Securities requested to be included in
such registration, pro rata among the holders of such securities on the basis of the number of
Registrable Securities and such other securities owned by each such holder at such time, and (ii)
second, other securities requested to be included in such registration.

          (e) Selection of Underwriters. The Company shall have the right to select the
investment banker(s) and manager(s) to administer the offering in any Piggyback Registration.

          (f) Other Registrations. If the Company has previously filed a registration statement
with respect to Registrable Securities pursuant to paragraph 2 or pursuant to this paragraph 3, and
if such previous registration has not been withdrawn or abandoned, the Company shall not file or
cause to be effected any other registration of any of its equity securities or securities
convertible or exchangeable into or exercisable for its equity securities under the Securities Act
(except on Form S-8 or any successor form), whether on its own behalf or at the request of any
holder or holders of such securities, until a period of at least 180 days has elapsed from the
effective date of such previous registration.

     4. Holdback Agreements.

          (a) Each holder of Registrable Securities shall not effect any public sale or distribution
(including sales pursuant to Rule 144) of equity securities of the Company, or any securities
convertible into or exchangeable or exercisable for such securities, during the seven days prior to
and the 180-day period beginning on the effective date of any underwritten Demand Registration or
any underwritten Piggyback Registration (except as part of such underwritten registration), unless
the underwriters managing the registered public offering otherwise agree.

          (b) The Company (i) shall not effect any public sale or distribution of its equity securities,
or any securities convertible into or exchangeable or exercisable for such securities, during the
seven days prior to and during the 180-day period beginning on the effective date of any
underwritten Demand Registration or any underwritten Piggyback Registration (except as part of such
underwritten registration or pursuant to registrations on Form

6

 

S-8 or any successor form), unless the underwriters managing the registered public offering
otherwise agree, and (ii) shall cause each holder of at least 5% of its outstanding Company Class A
Common Stock, or any securities convertible into or exchangeable or exercisable for Company Class A
Common Stock, purchased from the Company at any time after the date of this Agreement (other than
in a registered public offering) to agree not to effect any public sale or distribution (including
sales pursuant to Rule 144) of any such securities during such period (except as part of such
underwritten registration, if otherwise permitted), unless the underwriters managing the registered
public offering otherwise agree.

     5. Registration Procedures. Whenever the holders of Registrable Securities have
requested that any Registrable Securities be registered pursuant to this Agreement, the Company
shall use its commercially reasonable efforts to effect the registration and the sale of such
Registrable Securities in accordance with the intended method of disposition thereof, and pursuant
thereto the Company shall as expeditiously as possible:

          (a) prepare and file with the Securities and Exchange Commission a registration statement, and
all amendments and supplements thereto and related prospectuses as may be necessary to comply with
applicable securities laws, with respect to such Registrable Securities and use its commercially
reasonable efforts to cause such registration statement to become effective;

          (b) notify each holder of Registrable Securities of the effectiveness of each registration
statement filed hereunder and prepare and file with the Securities and Exchange Commission such
amendments and supplements to such registration statement and the prospectus used in connection
therewith as may be required and comply with the provisions of the Securities Act with respect to
the disposition of all securities covered by such registration statement during such period in
accordance with the intended methods of disposition by the sellers thereof set forth in such
registration statement;

          (c) furnish to each seller of Registrable Securities such number of copies of such
registration statement, each amendment and supplement thereto, the prospectus included in such
registration statement (including each preliminary prospectus) and such other documents as such
seller may reasonably request in order to facilitate the disposition of the Registrable Securities
owned by such seller;

          (d) use its commercially reasonable efforts to register or qualify such Registrable Securities
under such other securities or blue sky laws of such jurisdictions as any seller reasonably
requests and do any and all other acts and things which may be reasonably necessary to enable such
seller to consummate the disposition in such jurisdictions of the Registrable Securities owned by
such seller (provided that the Company shall not be required to (i) qualify generally to do
business in any jurisdiction where it would not otherwise be required to qualify but for this
subparagraph, (ii) subject itself to taxation in any such jurisdiction or (iii) consent to general
service of process in any such jurisdiction);

          (e) notify each seller of such Registrable Securities, at any time when a prospectus relating
thereto is required to be delivered under the Securities Act, of the happening of any event as a
result of which the prospectus included in such registration statement contains

7

 

an untrue statement of a material fact or omits any fact necessary to make the statements
therein not misleading, and, at the request of any such seller, the Company shall prepare a
supplement or amendment to such prospectus so that, as thereafter delivered to the purchasers of
such Registrable Securities, such prospectus shall not contain an untrue statement of a material
fact or omit to state any fact necessary to make the statements therein not misleading;

          (f) cause all such Registrable Securities to be listed on each securities exchange on which
similar securities issued by the Company are then listed and, if not so listed, to be listed on the
NASD automated quotation system and, if listed on the NASD automated quotation system, use its
commercially reasonable efforts to secure designation of all such Registrable Securities covered by
such registration statement as a NASDAQ “national market system security” within the meaning of
Rule 11Aa2-1 of the Securities and Exchange Commission or, failing that, to secure NASDAQ
authorization for such Registrable Securities;

          (g) provide a transfer agent and registrar for all such Registrable Securities not later than
the effective date of such registration statement;

          (h) make available for inspection by any seller of Registrable Securities, any underwriter
participating in any disposition pursuant to such registration statement and any attorney,
accountant or other agent retained by any such seller or underwriter, all financial and other
records, pertinent corporate documents and properties of the Company, and cause the Company’s
officers, directors, employees and independent accountants to supply all information reasonably
requested by any such seller, underwriter, attorney, accountant or agent in connection with such
registration statement; and

          (i) otherwise use its commercially reasonable efforts to comply with all applicable rules and
regulations of the Securities and Exchange Commission, and make available to its security holders,
as soon as reasonably practicable, an earnings statement covering the period of at least twelve
months beginning with the first day of the Company’s first full calendar quarter after the
effective date of the registration statement, which earnings statement shall satisfy the provisions
of Section 11(a) of the Securities Act and Rule 158 thereunder.

     6. Registration Expenses.

          (a) All expenses incident to the Company’s performance of or compliance with this Agreement,
including without limitation all registration, qualification and filing fees, fees and expenses of
compliance with securities or blue sky laws, printing expenses, messenger and delivery expenses,
fees and disbursements of custodians, and fees and disbursements of counsel for the Company and all
independent certified public accountants, underwriters (excluding discounts and commissions) and
other Persons retained by the Company (all such expenses being herein called “Registration
Expenses”), shall be borne as provided in this Agreement, except that the Company shall, in any
event, pay its internal expenses (including, without limitation, all salaries and expenses of its
officers and employees performing legal or accounting duties), the expense of any annual audit or
quarterly review, the expense of any liability insurance and the expenses and fees for listing the
securities to be registered on each securities exchange on which similar securities issued by the
Company are then listed or on the NASD automated quotation system.

8

 

          (b) In connection with each Demand Registration, the Company shall reimburse the holders of
Registrable Securities included in such registration for the reasonable fees and disbursements (not
exceeding $25,000 for each registration) of one counsel chosen by the holders of a majority of the
Registrable Securities included in such registration and for the reasonable fees and disbursements
(not exceeding $10,000 for each counsel) of each additional counsel retained by any holder or group
of affiliated holders of Registrable Securities for the purpose of rendering a legal opinion on
behalf of such holder in connection with any underwritten Demand Registration or Piggyback
Registration.

          (c) To the extent Registration Expenses are not required to be paid by the Company, each
holder of securities included in any registration hereunder shall pay such holder’s pro rata share
of those Registration Expenses based upon the number of Registrable Securities of such holder
included in such registration.

     7. Indemnification.

          (a) The Company agrees to indemnify, to the extent permitted by law, each holder of
Registrable Securities, its officers and directors and each Person who controls such holder (within
the meaning of the Securities Act) against all losses, claims, actions, damages, liabilities and
expenses caused by (i) any untrue or alleged untrue statement of material fact contained in any
registration statement, prospectus or preliminary prospectus or any amendment thereof or supplement
thereto or any omission or alleged omission of a material fact required to be stated therein or
necessary to make the statements therein not misleading, or (ii) any violation or alleged violation
by the Company of the Securities Act or any other similar federal or state securities laws or any
rule or regulation promulgated thereunder applicable to the Company and relating to action or
inaction required of the Company in connection with any such registration, qualification or
compliance, and to pay to each holder of Registrable Securities, its officers and directors and
each Person who controls such holder (within the meaning of the Securities Act), as incurred, any
legal and any other expenses reasonably incurred in connection with investigating, preparing or
defending any such claim, loss, damage, liability or action, except insofar as the same are caused
by or contained in any information furnished in writing to the Company by such holder expressly for
use therein or by such holder’s failure to deliver a copy of the registration statement or
prospectus or any amendments or supplements thereto after the Company has furnished such holder
with a sufficient number of copies of the same. In connection with an underwritten offering, the
Company shall indemnify such underwriters, their officers and directors and each Person who
controls such underwriters (within the meaning of the Securities Act) to the same extent as
provided above with respect to the indemnification of the holders of Registrable Securities.

          (b) In connection with any registration statement in which a holder of Registrable Securities
is participating, each such holder shall furnish to the Company in writing such information and
affidavits as the Company reasonably requests for use in connection with any such registration
statement or prospectus and, to the extent permitted by law, shall indemnify the Company, its
directors and officers and each Person who controls the Company (within the meaning of the
Securities Act) against any losses, claims, damages, liabilities and expenses resulting from any
untrue or alleged untrue statement of material fact contained in the registration statement,
prospectus or preliminary prospectus or any amendment thereof or

9

 

supplement thereto or any omission or alleged omission of a material fact required to be
stated therein or necessary to make the statements therein not misleading, but only to the extent
that such untrue statement or omission is contained in any information or affidavit so furnished in
writing by such holder; provided that the obligation to indemnify shall be individual, not joint
and several, for each holder and shall be limited to the net amount of proceeds received by such
holder from the sale of Registrable Securities pursuant to such registration statement.

          (c) Any Person entitled to indemnification hereunder shall (i) give prompt written notice to
the indemnifying party of any claim with respect to which it seeks indemnification (provided that
the failure to give prompt notice shall not impair any Person’s right to indemnification hereunder
to the extent such failure has not prejudiced the indemnifying party) and (ii) unless in such
indemnified party’s reasonable judgment a conflict of interest between such indemnified and
indemnifying parties may exist with respect to such claim, permit such indemnifying party to assume
the defense of such claim with counsel reasonably satisfactory to the indemnified party. If such
defense is assumed, the indemnifying party shall not be subject to any liability for any settlement
made by the indemnified party without the indemnifying party’s consent (but such consent shall not
be unreasonably withheld). An indemnifying party who is not entitled to, or elects not to, assume
the defense of a claim shall not be obligated to pay the fees and expenses of more than one counsel
for all parties indemnified by such indemnifying party with respect to such claim, unless in the
reasonable judgment of any indemnified party a conflict of interest may exist between such
indemnified party and any other of such indemnified parties with respect to such claim. In such
instance, the conflicting indemnified parties shall have a right to retain one separate counsel,
chosen by the holders of a majority of the Registrable Securities included in the registration, at
the expense of the indemnifying party. No indemnifying party, in the defense of such claim or
litigation, shall, except with the consent of each indemnified party, consent to the entry of any
judgment or enter into any settlement which does not include as an unconditional term thereof the
giving by the claimant or plaintiff to such indemnified party of a release from all liability in
respect to such claim or litigation.

          (d) If the indemnification provided for in this paragraph 6 is held by a court of competent
jurisdiction to be unavailable to an indemnified party or is otherwise unenforceable with respect
to any loss, claim, damage, liability or action referred to herein, then the indemnifying party, in
lieu of indemnifying such indemnified party hereunder, shall contribute to the amounts paid or
payable by such indemnified party as a result of such loss, claim, damage, liability or action in
such proportion as is appropriate to reflect the relative fault of the indemnifying party on the
one hand and of the indemnified party on the other hand in connection with the statements or
omissions which resulted in such loss, claim, damage, liability or action as well as any other
relevant equitable considerations; provided that the maximum amount of liability in respect of such
contribution shall be limited, in the case of each seller of Registrable Securities, to an amount
equal to the net proceeds actually received by such seller from the sale of Registrable Securities
effected pursuant to such registration. The relative fault of the indemnifying party and of the
indemnified party shall be determined by reference to, among other things, whether the untrue or
alleged untrue statement of a material fact or the omission to state a material fact relates to
information supplied by the indemnifying party or by the indemnified party and the parties’
relative intent, knowledge, access to information and opportunity to correct or prevent such
statement or omission. The parties hereto agree that it

10

 

would not be just or equitable if the contribution pursuant to this paragraph were to be
determined by pro rata allocation or by any other method of allocation that does not take into
account such equitable considerations. The amount paid or payable by an indemnified party as a
result of the losses, claims, damages, liabilities or expenses referred to herein shall be deemed
to include any legal or other expenses reasonably incurred by such indemnified party in connection
with investigating or defending against any action or claim which is the subject hereof. No person
guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act)
shall be entitled to contribution from any Person who is not guilty of such fraudulent
misrepresentation.

          (e) The indemnification and contribution provided for under this Agreement shall remain in
full force and effect regardless of any investigation made by or on behalf of the indemnified party
or any officer, director or controlling Person of such indemnified party and shall survive the
transfer of securities.

     8. Participation in Underwritten Registrations. No Person may participate in any
registration hereunder which is underwritten unless such Person (i) agrees to sell such Person’s
securities on the basis provided in any underwriting arrangements approved by the Person or Persons
entitled hereunder to approve such arrangements (including pursuant to any over-allotment or “green
shoe” options requested by the underwriters, provided that no holder of Registrable Securities
shall be required to sell more than the number of Registrable Securities such holder has requested
to include) and (ii) completes and executes all questionnaires, powers of attorney, indemnities,
underwriting agreements and other documents reasonably required under the terms of such
underwriting arrangements.

     9. Additional Parties; Joinder. The Company may permit any Person who acquires
Company Class A Common Stock or rights to acquire Company Class A Common Stock after the date
hereof (the “Acquired Common”) to become a party to this Agreement and to succeed to all of the
rights and obligations of a “holder of Registrable Securities” under this Agreement by obtaining an
executed joinder to this Agreement from such Person in the form of Exhibit A attached
hereto, and upon the execution and delivery of the joinder by such Person, such Person shall for
all purposes be a “holder of Registrable Securities” under this Agreement with respect to the
Acquired Common.

     10. Definitions.

          (a) “Company Class A Common Stock” means the Company’s Class A Common Stock, par value $0.001
per share.

          (b) “Company Preferred Stock” means the Company’s Preferred Stock, with the rights set forth
under the Company’s Amended and Restated Certificate of Incorporation.

          (c) “Five-Year Plan” means the Company’s financial information and projections for fiscal
years 2004 through 2008 attached hereto as Exhibit B.

          (d) “MDCP Registrable Securities” means any Registrable Securities held by MDCP or any of its
Permitted Transferees.

11

 

          (e) “Mitchell Registrable Securities” means any Registrable Securities held by any Mitchell
Investor or any Permitted Transferee of a Mitchell Investor.

          (f) “Permitted Transferee” has the meaning set forth in the Stockholder Agreement, dated as of
the date hereof, between the Company, MDCP and certain other stockholders of the Company.

          (g) “Quadrangle Registrable Securities” means any Registrable Securities held by any
Quadrangle Investor or any of its Permitted Transferees.

          (h) “Registrable Securities” means (i) any shares of Company Class A Common Stock issued
pursuant to the Contribution Agreement in exchange for shares of Cinemark Class A Common Stock
issued pursuant to the MDCP Purchase Agreement, including any shares transferred to a Permitted
Transferee, (ii) any shares of Company Class A Common Stock issued pursuant to the Contribution
Agreement in exchange for shares of Cinemark Class A Common Stock acquired by the Quadrangle
Investors from MDCP pursuant to the Quadrangle Purchase Agreement, (iii) any shares of Company
Class A Common Stock issued pursuant to the Contribution Agreement in exchange for shares of
Cinemark Class A Common Stock held by the Mitchell Investors immediately after the effectiveness of
the merger of Cinemark with Popcorn Merger Corp. on March 12, 2004, (iv) any shares of Company
Class A Common Stock issued pursuant to the Contribution Agreement in exchange for shares of
Cinemark Class A Common Stock issued pursuant to the Piola Purchase Agreement, (v) any shares of
Company Class A Common Stock issued pursuant to the Syufy Contribution Agreement, (vi) any common
stock issued or issuable with respect to the securities referred to in clauses (i) and (v) above by
way of a stock dividend or stock split or in connection with a combination of shares,
recapitalization, merger, consolidation or other reorganization, and (vii) any other shares of
Class A Common Stock held by Persons holding securities described in clauses (i) to (vi),
inclusive, above. As to any particular Registrable Securities, such securities shall cease to be
Registrable Securities when they have been distributed to the public pursuant to a offering
registered under the Securities Act or sold to the public through a broker, dealer or market maker
in compliance with Rule 144 under the Securities Act (or any similar rule then in force) or
repurchased by the Company or any Subsidiary. For purposes of this Agreement, a Person shall be
deemed to be a holder of Registrable Securities, and the Registrable Securities shall be deemed to
be in existence, whenever such Person has the right to acquire directly or indirectly such
Registrable Securities (upon conversion or exercise in connection with a transfer of securities or
otherwise, but disregarding any restrictions or limitations upon the exercise of such right),
whether or not such acquisition has actually been effected, and such Person shall be entitled to
exercise the rights of a holder of Registrable Securities hereunder.

          (i) “Syufy Registrable Securities” means any Registrable Securities held by any Syufy Investor
or any of its Permitted Transferees.

          (j) Unless otherwise stated, other capitalized terms contained herein have the meanings set
forth in the MDCP Purchase Agreement.

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     11. Miscellaneous.

          (a) No Inconsistent Agreements. The Company shall not hereafter enter into any
agreement with respect to its securities which is inconsistent with or violates the rights granted
to the holders of Registrable Securities in this Agreement.

          (b) Remedies. Any Person having rights under any provision of this Agreement shall be
entitled to enforce such rights specifically, to recover damages caused by reason of any breach of
any provision of this Agreement and to exercise all other rights granted by law. The parties
hereto agree and acknowledge that money damages would not be an adequate remedy for any breach of
the provisions of this Agreement and that, in addition to any other rights and remedies existing in
its favor, any party shall be entitled to specific performance and/or other injunctive relief from
any court of law or equity of competent jurisdiction in order to enforce or prevent violation of
the provisions of this Agreement.

          (c) Amendments and Waivers. Except as otherwise provided herein, the provisions of
this Agreement may be amended or waived only upon the prior written consent of the Company and the
holders of a majority of the Registrable Securities; provided that (i) any amendment or waiver that
affects only the Mitchell Registrable Securities and not all Registrable Securities in the same
manner, must also be approved by the holders of a majority of the Mitchell Registrable Securities,
(ii) any amendment or waiver that affects only the Quadrangle Registrable Securities and not all
Registrable Securities in the same manner, must also be approved by the holders of a majority of
the Quadrangle Registrable Securities and (iii) any amendment or waiver that affects only the Syufy
Registrable Securities and not all Registrable Securities in the same manner, must also be approved
by the holders of a majority of the Syufy Registrable Securities. The failure of any party to
enforce any of the provisions of this Agreement shall in no way be construed as a waiver of such
provisions and shall not affect the right of such party thereafter to enforce each and every
provision of this Agreement in accordance with its terms.

          (d) Successors and Assigns. Except as otherwise provided herein, all covenants and
agreements in this Agreement by or on behalf of any of the parties hereto shall bind and inure to
the benefit of the respective successors and assigns of the parties hereto whether so expressed or
not. In addition, whether or not any express assignment has been made, the provisions of this
Agreement which are for the benefit of purchasers or holders of Registrable Securities are also for
the benefit of, and enforceable by, any subsequent holder of Registrable Securities; provided that
if any holder of Registrable Securities which is a limited partnership or limited liability company
distributes any Registrable Securities to its partners or members after the Company has effected a
registered public offering of the Class A Common Stock under the Securities Act, such transferees
of Registrable Securities shall no longer be subject to the provisions of paragraph 4(a) hereof.

          (e) Severability. Whenever possible, each provision of this Agreement shall be
interpreted in such manner as to be effective and valid under applicable law, but if any provision
of this Agreement is held to be prohibited by or invalid under applicable law, such provision shall
be ineffective only to the extent of such prohibition or invalidity, without invalidating the
remainder of this Agreement.

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          (f) Counterparts. This Agreement may be executed simultaneously in two or more
counterparts, any one of which need not contain the signatures of more than one party, but all such
counterparts taken together shall constitute one and the same Agreement.

          (g) Descriptive Headings. The descriptive headings of this Agreement are inserted for
convenience only and do not constitute a part of this Agreement.

          (h) Governing Law. All issues and questions concerning the construction, validity,
interpretation and enforcement of this Agreement and the exhibits and schedules hereto shall be
governed by, and construed in accordance with, the laws of the State of Delaware, without giving
effect to any choice of law or conflict of law rules or provisions (whether of the State of
Delaware or any other jurisdiction) that would cause the application of the laws of any
jurisdiction other than the State of Delaware.

          (i) Notices. All notices, demands or other communications to be given or delivered
under or by reason of the provisions of this Agreement shall be in writing and shall be deemed to
have been given when delivered personally to the recipient, sent to the recipient by reputable
overnight courier service (charges prepaid) or mailed to the recipient by certified or registered
mail, return receipt requested and postage prepaid. Such notices, demands and other communications
shall be sent to each Investor at the address indicated on the Schedule of Investors and to the
Company at the address indicated below:

Cinemark Holdings, Inc.

3900 Dallas Parkway, Suite 500

Plano, Texas 75093

Telephone: (972) 665-1108

Facsimile: (972) 665-1004

Attention: Michael Cavalier

With a copy to:

Madison Dearborn Capital Partners IV, L.P.

Three First National Plaza, 38th Floor

Chicago, IL 60602

Telephone: (312) 895-1000

Facsimile: (312) 895-1056

Attention: Benjamin D.Chereskin

or to such other address or to the attention of such other person as the recipient party has
specified by prior written notice to the sending party.

* * * * *

[SIGNATURE PAGE FOLLOWS]

14

 

     IN WITNESS WHEREOF, the parties have executed this Registration Agreement as of the date
first written above.

	 	 	 	 	 	 	 	 	 	 	 
	CINEMARK HOLDINGS, INC.	 	 	 	MADISON DEARBORN CAPITAL PARTNERS IV, L.P.	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:
	 	Madison Dearborn Partners, IV L.P.

its General Partner	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:
	 	Madison Dearborn Partners, LLC,

its General Partner	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	/s/ Lee Roy Mitchell
 

Lee Roy Mitchell
	 	 	 	By:
	 	/s/ Robin P. Selati
 

Robin P. Selati
	 	 
	 

	 	Its Chief Executive Officer
	 	 	 	 	 	Its Managing Director	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	THE MITCHELL SPECIAL TRUST	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	/s/ Lee Roy Mitchell	 	 	 	By:	 	/s/ Lee Roy Mitchell	 	 
	 	 	 	 	 	 	 	 	 
	Lee Roy Mitchell	 	 	 	 	 	Lee Roy Mitchell

Trustee	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	/s/ Alan Stock	 	 	 	By:	 	/s/ Gary D. Witherspoon	 	 
	 	 	 	 	 	 	 	 	 
	Alan Stock	 	 	 	 	 	Gary D. Witherspoon	 	 
	 

	 	 	 	 	 	 	 	Trustee	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	/s/ Timothy Warner	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	Timothy Warner	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	/s/ Robert Copple	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	Robert Copple	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	/s/ Michael Cavalier	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	Michael Cavalier	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	NORTHWESTERN UNIVERSITY	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	/s/ William H. McLean
 

William H. McLean

Its Vice President and
Chief Investment Officer
	 	 	 	 	 	 	 	 

 

 

	 	 	 	 	 	 	 
	 	 	QUADRANGLE CAPITAL PARTNERS LP	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Quadrangle GP Investors LP	 	 
	 

	 	Its:
	 	General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Quadrangle GP Investors, LLC	 	 
	 

	 	Its:
	 	General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Peter Ezersky
 

Peter Ezersky
	 	 
	 

	 	 	 	Its Managing Principal	 	 
	 
	 	 	 	 	 	 
	 	 	QUADRANGLE SELECT PARTNERS LP	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Quadrangle GP Investors LP	 	 
	 

	 	Its:
	 	General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Quadrangle GP Investors, LLC	 	 
	 

	 	Its:
	 	General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Peter Ezersky
 

Peter Ezersky
	 	 
	 

	 	 	 	Its Managing Principal	 	 
	 
	 	 	 	 	 	 
	 	 	QUADRANGLE CAPITAL PARTNERS A LP	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Quadrangle GP Investors LP	 	 
	 

	 	Its:
	 	General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Quadrangle GP Investors, LLC	 	 
	 

	 	Its:
	 	General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Peter Ezersky
 

Peter Ezersky
	 	 
	 

	 	 	 	Its Managing Principal	 	 
	 
	 	 	 	 	 	 
	 	 	QUADRANGLE (CINEMARK) CAPITAL PARTNERS LP	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Peter Ezersky
 

Peter Ezersky
	 	 
	 

	 	 	 	Its Managing Principal	 	 

 

 

     IN WITNESS WHEREOF, the parties hereto have executed this Registration Agreement on the day
and year first above written.

	 	 	 	 	 
	 	 	 
	 	                                                   /s/ John Madigan
 	 
	 	John Madigan 	 
	 	 	 
	 
	 	K&E INVESTMENT PARTNERS, LLC — 2004-B DIF

 	 
	 	By:  	/s/ Jack S. Levin
 	 
	 	 	Jack S. Levin 	 
	 	 	Its: Manager 	 
	 
	 	PIOLA INVESTMENTS LTD.

 	 
	 	By:  	/s/ Riccardo Arduini
 	 
	 	 	Riccardo Arduini 	 
	 	 	Its Director 	 

 

 

	 	 	 	 	 

IN WITNESS WHEREOF, the parties hereto have executed this Registration Agreement on the day and
year first above written.

	 	 	 	 	 
	 	SYUFY ENTERPRISES, LP

 	 
	 	By:  	/s/ Joseph Syufy
 	 
	 	 	Joseph Syufy 	 
	 	 	President of Syufy Properties, Inc.

Its General Partner 	 
	 
	 	CENTURY THEATRES HOLDINGS, LLC

 	 
	 	By:  	/s/ Joseph Syufy
 	 
	 	 	Joseph Syufy 	 
	 	 	Its President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00116-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00116-of-00352.parquet"}]]