Document:

exv4w6

Exhibit 4.6

CERTIFICATE OF DESIGNATIONS, PREFERENCES

AND RIGHTS OF SERIES E PREFERRED STOCK

OF

LIBERTY ACQUISITION HOLDINGS CORP.

          Liberty Acquisition Holdings Corp. (the “Company”), a corporation organized and existing under
the General Corporation Law of the State of Delaware (the “DGCL”), does hereby certify that,
pursuant to authority conferred upon the Board of Directors of the Company (the “Board”) by the
Restated Certificate of Incorporation of the Company (the “Certificate of Incorporation”), and
pursuant to Sections 151 and 141 of the DGCL, the Board adopted resolutions (i) designating a
series of the Company’s previously authorized preferred stock, par value $0.0001 per share, and
(ii) providing for the designations, preferences and relative, participating, optional or other
rights, and the qualifications, limitations or restrictions thereof, of ONE HUNDRED THOUSAND
(100,000) shares of Series E Preferred Stock of the Company, as follows:

          RESOLVED, that the Company is authorized to issue One Hundred Thousand (100,000) shares of
Series E Preferred Stock (the “Series E Preferred Stock”), par value $0.0001 per share, which shall
have the following powers, designations, preferences and other special rights:

          (1) Certain Defined Terms. For purposes of this Certificate of Designations, the
following terms shall have the following meanings:

     (a) “Business Combination Agreement” means the Amended and Restated Business
Combination Agreement by and among Promotora de Informaciones, S.A., the Company and
Liberty Acquisition Holdings Virginia Inc. dated as of August 4 2010, the form of
which is attached as Exhibit B to the Preferred Stock Purchase Agreements.

     (b) “Common Stock” means the common stock, $0.0001 par value per share, of the
Company.

     (c) “Escrow Account” shall have the meaning set forth in the Preferred Stock
Purchase Agreement.

     (d) “Escrow Agreement” shall have the meaning set forth in the Preferred Stock
Purchase Agreement.

     (e) “Liquidation Event” means the voluntary or involuntary liquidation,
dissolution or winding up of the Company or such Subsidiaries the assets of which
constitute all or substantially all of the assets of the business of the Company and
its Subsidiaries taken as a whole, in a single transaction or series of
transactions.

     (f) “Person” means an individual, a limited liability company, a partnership, a
joint venture, a corporation, a trust, an unincorporated organization or a
government or any department or agency thereof.

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     (g) “Preferred Stock Purchase Agreement” means each of the Preferred Stock
Purchase Agreements by and between the Company and any purchaser of preferred stock
of the Company, dated as of August [•], 2010.

     (h) “Principal Market” means the NYSE Amex.

     (i) “Required Series E Holders” means the Series E Holders representing at
least two-thirds of the aggregate number of shares of Series E Preferred Stock then
outstanding.

     (j) “Series A Preferred Stock” means the Series A Preferred Stock, par value
$0.0001 per share, of the Company.

     (k) “Series B Preferred Stock” means the Series B Preferred Stock, par value
$0.0001 per share, of the Company.

     (l) “Series C Preferred Stock” means the Series C Preferred Stock, par value
$0.0001 per share, of the Company.

     (m) “Series D Preferred Stock” means the Series D Preferred Stock, par value
$0.0001 per share, of the Company.

     (n) “Stated Value” means One Thousand U.S. Dollars ($1,000.00).

     (o) “Subsidiary” means any Person in which the Company, directly or indirectly,
(I) owns at least fifty percent (50%) of the outstanding capital stock or holds at
least fifty percent (50%) of the equity or similar interest of such Person or (II)
controls or operates all or any part of the business, operations or administration
of such Person.

     (p) “Successor Entity” means the Person formed by, resulting from or surviving
any Merger Transaction or the Person with which such Merger Transaction shall have
been entered into.

          (2) Dividends. The holders of outstanding shares of Series E Preferred Stock (each a
“Series E Holder” and collectively, the “Series E Holders”) shall not be entitled to receive any
dividends. No dividends may be paid to holders of Common Stock, Series A Preferred Stock, Series B
Preferred Stock, Series C Preferred Stock, Series D Preferred Stock or any other class of capital
stock of the Company, while any shares of Series E Preferred Stock remain outstanding.

          (3) Assumption. The Company shall not consolidate or merge with or into any other
Person (a “Merger Transaction”) without the consent of the Required Series E Holders, provided,
however, that no Required Series E Holders consent shall be required in connection with the
Reincorporation Merger (as defined in the Business Combination Agreement) or the Share Exchange (as
defined in the Business Combination Agreement). Upon the occurrence of any Merger Transaction,
other than the Share Exchange, the Successor Entity shall succeed to, and be substituted for (so
that from and after the date of such Merger Transaction, the provisions

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of this Certificate of Designations referring to the “Company” shall refer instead to the
Successor Entity), and may exercise every right and power of the Company and shall assume all of
the obligations of the Company under this Certificate of Designations with the same effect as if
such Successor Entity had been named as the Company herein.

          (4) Voting Rights. Except as otherwise provided herein or required by law, each
Series E Holder shall not be entitled to any voting rights. To the extent the Series E Holders are
entitled to voting rights, the Series E Holders shall vote as a single class on all matters
required by law or by the terms hereof to be submitted to a vote of the Series E Holders.

          (5) Liquidation, Dissolution, Winding-Up. In the event of a Liquidation Event, the
Series E Holders shall be entitled to receive in cash, out of the assets of the Company, including
all amounts on deposit in the Escrow Account, whether from capital or from earnings available for
distribution to its stockholders (the “Liquidation Funds”), subject to Section 15 below, before any
amount shall be paid to the holders of any Common Stock (other than payments to the holders of
Common Stock from the Trust Account (as defined below) pursuant to the Certificate of
Incorporation), Series A Preferred Stock, Series C Preferred Stock or any other capital stock of
the Company (other than the Series B Preferred Stock and the Series D Preferred Stock which shall
be pari passu) in respect of the preferences as to distributions and payments on the Liquidation
Event, an amount per share of Series E Preferred Stock equal to the Stated Value plus a pro rata
share of the interest earned on the funds in the Escrow Account (based on the number of outstanding
shares of Series A Preferred Stock, Series E Preferred Stock, Series B Preferred Stock and Series D
Preferred Stock); provided, however, that if the Liquidation Funds are insufficient to pay
the full amount due to the Series E Holders, the holders of Series B Preferred Stock (the “Series B
Holders”) and the holders of Series D Preferred Stock (the “Series D Holders”, and together with
the Series B Holders, the “Pari Passu Holders”), then the Pari Passu Holders shall share ratably in
any distribution of the Liquidation Funds available for distribution in proportion to the
respective amounts which would otherwise be payable in respect of the shares held by them upon such
distribution if all amounts payable on or with respect to such shares were paid in full. To the
extent necessary, the Company shall cause such actions to be taken by any of its Subsidiaries so as
to enable, to the maximum extent permitted by law, the proceeds of a Liquidation Event to be
distributed to the Series E Holders and the Pari Passu Holders in accordance with this Section.
All the preferential amounts to be paid to the Series E Holders and the Pari Passu Holders under
this Section shall be paid or set apart for payment before the payment or setting apart for payment
of any amount for, or the distribution of any Liquidation Funds of the Company to, the holders of
shares of other classes or series of preferred stock of the Company junior in rank to the Series E
Preferred Stock, Series B Preferred Stock and the Series D Preferred Stock, including the Series A
Preferred Stock and the Series C Preferred Stock, in connection with a Liquidation Event as to
which this Section applies. The purchase or redemption by the Company of stock of any class, in
any manner permitted by law, shall not, for the purposes hereof, be regarded as a Liquidation
Event.

          (6) Preferred Rank. All shares of Series E Preferred Stock shall rank pari passu with
all shares of Series B Preferred Stock and Series D Preferred Stock, including with respect to
redemption, as provided in Section 14 hereof. All shares of Common Stock, Series A Preferred
Stock, Series C Preferred Stock and other capital stock of the Company (other than the Series B
Preferred Stock and Series D Preferred Stock) shall be of junior rank to all shares of

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Series E Preferred Stock with respect to the preferences as to distributions and payments upon
a Liquidation Event (other than payments to the holders of Common Stock from the Trust Account
pursuant to the Certificate of Incorporation). The rights of the shares of Common Stock, Series A
Preferred Stock, Series C Preferred Stock and other capital stock of the Company (other than the
Series B Preferred Stock and Series D Preferred Stock) shall be subject to the preferences and
relative rights of the shares of Series E Preferred Stock.

          (7) Consent of Required Series E Holders. In addition to any other rights provided by
law, except where the vote or written consent of the holders of a greater number of shares is
required by law or by another provision of the Certificate of Incorporation, the affirmative vote
at a meeting duly called for such purpose or the written consent of the Required Series E Holders,
shall be required before the Company may, directly or indirectly: (a) amend or repeal any provision
of, or add any provision to, the Certificate of Incorporation or bylaws, or file any articles of
amendment, certificate of designations (or amendments thereto), preferences, limitations and
relative rights of any series of preferred stock, if such action would adversely alter or change
the preferences, rights, privileges or powers of, or restrictions provided for the benefit of the
shares of Series E Preferred Stock, regardless of whether any such action shall be by means of
amendment to the Certificate of Incorporation or by merger, consolidation or otherwise; (b) amend
or modify in any manner the Business Combination Agreement, or grant any waiver thereunder, if such
amendment, modification or waiver would give the Series E Holder the right to terminate the
Preferred Stock Purchase Agreement pursuant to Section 5.2(b)(iii) thereof; (c) increase or
decrease the authorized number of shares of Series E Preferred Stock; (d) prior to the cancellation
of all shares of Series E Preferred Stock as provided herein, purchase or redeem or pay or declare
any dividend or pay any dividends on Common Stock, shares of Series A Preferred Stock, Series B
Preferred Stock, Series C Preferred Stock, Series D Preferred Stock or any other capital stock of
the Company (other than payments to the holders of Common Stock from the Trust Account pursuant to
the Certificate of Incorporation); (e) create or authorize (by reclassification or otherwise) any
new class or series of shares that has a preference over, or is on a parity with, the shares of
Series E Preferred Stock (other than the Series B Preferred Stock or Series D Preferred Stock) with
respect to dividends or the distribution of assets on the liquidation, dissolution or winding up of
the Company or (f) amend, modify or grant any waiver under the Escrow Agreement.

          (8) Lost or Stolen Certificates. Upon receipt by the Company of evidence reasonably
satisfactory to the Company of the loss, theft, destruction or mutilation of any preferred stock
certificates representing the shares of Series E Preferred Stock, and, in the case of loss, theft
or destruction, of an indemnification undertaking by the Series E Holder to the Company in
customary form and, if requested by the Company, the posting of reasonable bond or other security,
and, in the case of mutilation, upon surrender and cancellation of such preferred stock
certificate(s), the Company shall execute and deliver new preferred stock certificate(s) of like
tenor and date.

          (9) Remedies, Characterizations, Other Obligations, Breaches and Injunctive Relief.
Except as otherwise provided herein, the remedies provided in this Certificate of Designations
shall be cumulative and in addition to all other remedies available under this Certificate of
Designations, at law or in equity (including a decree of specific performance and/or other
injunctive relief). No remedy contained herein shall be deemed a waiver of

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compliance with the provisions giving rise to such remedy. Nothing herein shall limit a
Series E Holder’s right to pursue actual or consequential damages for any failure by the Company to
comply with the terms of this Certificate of Designations. The Company covenants to each Series E
Holder that there shall be no characterization concerning this instrument other than as expressly
provided herein. Amounts set forth or provided for herein with respect to payments and the like
(and the computation thereof) shall be the amounts to be received by the Series E Holder thereof
and shall not, except as expressly provided herein, be subject to any other obligation of the
Company (or the performance thereof). The Company acknowledges that a breach by it of its
obligations hereunder will cause irreparable harm to the Series E Holders and that the remedy at
law for any such breach may be inadequate. The Company therefore agrees that, in the event of any
such breach or threatened breach, the Series E Holders shall be entitled, in addition to all other
available remedies, to an injunction restraining any breach, without the necessity of showing
economic loss and without any bond or other security being required.

          (10) Failure or Indulgence Not Waiver. No failure or delay on the part of a Series E
Holder in the exercise of any power, right or privilege hereunder shall operate as a waiver
thereof, nor shall any single or partial exercise of any such power, right or privilege preclude
other or further exercise thereof or of any other right, power or privilege.

          (11) Notice. Whenever notice or other communication is required to be given to a
Series E Holder under this Certificate of Designations, unless otherwise provided herein, such
notice shall be given at such address of such Series E Holder set forth on the books and records of
the Company or at such other address delivered to the Company by such Series E Holder in writing
from time to time.

          (12) Transfer of Shares of Series E Preferred Stock. A Series E Holder may not
transfer, assign, sell or convey the shares of Series E Preferred Stock or any of the accompanying
rights hereunder without the prior written consent of the Company, except for transfers to
affiliates of the Series E Holder (as defined under Rule 144 of the Securities Act of 1933, as
amended) upon notice to the Company.

          (13) Series E Preferred Stock Register. The Company shall maintain at its principal
executive offices (or such other office or agency of the Company as it may designate by notice to
the Series E Holders), a register for the shares of Series E Preferred Stock, in which the Company
shall record the name and address of the persons in whose name the shares of Series E Preferred
Stock have been issued, as well as the name and address of any transferee. The Company may treat
the person in whose name any Series E Preferred Stock is registered on the register as the owner
and holder thereof for all purposes, notwithstanding any notice to the contrary, but in all events
recognizing any properly made transfers.

          (14) Redemption. As promptly as practicable following termination of any Preferred
Stock Purchase Agreement or the termination of the Business Combination Agreement, in each case, in
accordance with the terms and conditions thereof, but in no event more than five (5) New York
business days thereafter, the shares of Series E Preferred Stock held by the Series E Holder that
is party to such agreement shall be redeemed by the Company and the Company shall instruct the
Escrow Agent to pay the Series E Holder, out of funds from the Escrow Account, a price per share
equal to the Stated Value of Series E Preferred Stock plus a pro rata

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share of the interest earned on the funds in the Escrow Account with respect thereto (based on
the number of outstanding shares of Series A Preferred Stock, Series E Preferred Stock, Series B
Preferred Stock and Series D Preferred Stock) (the “Redemption Price”). The Series E Holder shall
surrender any stock certificates relating to its redeemed shares of Series E Preferred Stock
promptly following termination of any Preferred Stock Purchase Agreement, but in no event later
than the fifth New York business day after the receipt of such payment. The Company shall not
redeem any shares of Series A Preferred Stock or Series C Preferred Stock until it shall have
redeemed, and paid the Redemption Price in full on, all outstanding shares of Series E Preferred
Stock, Series B Preferred Stock and Series D Preferred Stock.

          (15) Waiver of Claims Against the Trust Account. Notwithstanding anything to the
contrary contained herein, no Series E Holder shall have any right, title, interest or claim of any
kind (“Claim”) in or to any monies in the Trust Account (as defined below) (other than with respect
to its liquidation or redemption rights as a holder of shares of Common Stock) and each Series E
Holder waives any Claim it may have in the future as a result of, or arising out of, any
negotiations, contracts or agreements with the Company and will not seek recourse against the Trust
Account for any reason whatsoever. “Trust Account” means the trust account established by
Continental Stock Transfer & Trust Company, as trustee, from the net proceeds of the Company’s
initial public offering. All of the monies held in the Escrow Account shall be for the exclusive
benefit of the Series A Holders, the holders of Series E Preferred Stock, the holders of Series C
Preferred Stock, the holders of Series B Preferred Stock and the holders of Series D Preferred
Stock in the event that the transactions contemplated by the Business Combination Agreement are not
consummated prior to the termination of such agreement or the termination of the Preferred Stock
Purchase Agreement.

          (16) Stockholder Matters. To the extent permitted by the Certificate of
Incorporation, any stockholder action, approval or consent required, desired or otherwise sought by
the Company pursuant to the rules and regulations of the Principal Market, the DGCL, this
Certificate of Designations or otherwise with respect to the issuance of the shares of Series E
Preferred Stock may be effected by written consent of the Company’s stockholders or at a duly
called meeting of the Company’s stockholders, all in accordance with the applicable rules and
regulations of the Principal Market and the DGCL. This provision is intended to comply with the
applicable sections of the DGCL permitting stockholder action, approval and consent affected by
written consent in lieu of a meeting

* * * * *

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          IN WITNESS WHEREOF, the Company has caused this Certificate of Designations to be signed by
[          ], its [                    ], as of the            day of                     , 2010

	 	 	 	 	 
	 	LIBERTY ACQUISITION HOLDINGS CORP.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:exv10w1

Exhibit 10.1

EXECUTION COPY

PREFERRED STOCK PURCHASE AGREEMENT

     PREFERRED STOCK PURCHASE AGREEMENT, dated as of August 4 , 2010 (this “Agreement”), between
[                    ], a company incorporated in [                    ] (the “Investor”), and LIBERTY ACQUISITION
HOLDINGS CORP., a Delaware corporation (the “Company”).

W
I T N E S S E
T H :

     WHEREAS, the Company, Liberty Acquisition Holdings Virginia, Inc. (“Liberty Virginia”) and
Promotora de Informaciones, S.A., a Spanish sociedad anónima (“Prisa”), have entered into that
certain Business Combination Agreement, dated March 5, 2010 (as amended through May 7, 2010, the
“Business Combination Agreement”);

     WHEREAS, in connection with the transactions contemplated by the Business Combination
Agreement, Prisa filed, on May 7, 2010, with the United States Securities and Exchange Commission a
Registration Statement on Form F-4 which includes the Proxy Statement of the Company (as such
Registration Statement may be amended and mailed to the holders of Liberty Common Stock and Liberty
Warrants, the “Registration Statement and Proxy”) relating to, among other things, the approval by
the Company’s stockholders and warrantholders of the transactions contemplated by the Business
Combination Agreement, including the proposed exchange (the “Share Exchange”) of shares of Liberty
Common Stock, Preferred Stock (as defined herein) and Liberty Warrants for newly issued Prisa
American Depositary Shares (the “Prisa Exchange Securities”) and other consideration; and

     WHEREAS, in connection with the transactions contemplated by the Amended and Restated Business
Combination Agreement (as defined herein), the Company has determined, with the requisite consent
of Prisa, to, among other things, (i) create a new series of preferred stock to be designated as
the “Series A Preferred Stock” (the “Series A Preferred Stock”) with an aggregate stated value of
$50.0 million to be issued in the amounts shown on Annex A to this Agreement to the Sponsors (the
“Series A Participants”), (ii) create a new series of preferred stock to be designated as the
“Series B Preferred Stock” (the “Series B Preferred Stock”) with an aggregate stated value of
$300.0 million to be issued in the amounts shown on Annex A to this Agreement to [the Investor and
an unrelated third party investor][various unrelated third party investors] (the “Series B
Participants”), (iii) create a new series of preferred stock to be designated as the “Series C
Preferred Stock” (the “Series C Preferred Stock”) with an aggregate stated value of $10.00 to be
issued in the amounts shown on Annex A to this Agreement to [the Investor][one of the Participants]
(the “Series C Participant”), (iv) create a new series of preferred stock to be designated as the
“Series D Preferred Stock” (the “Series D Preferred Stock”) with an aggregate stated value of $50.0
million to be issued in the amounts shown on Annex A to this Agreement to [an unrelated third party
investor][the Investor] (the “Series D Participant”), and, if necessary, (v) create an additional
new series of preferred stock to be designated as the “Series E Preferred Stock” (the “Series E
Preferred Stock”, together with the Series A Preferred Stock, the Series B Preferred Stock, the
Series C Preferred Stock and

 

 

the Series D Preferred Stock, the “Preferred Stock”) with the Series E Preferred Stock having
a maximum, aggregate stated value of $100.0 million, to be issued to [one or more unrelated third
party investors][the Investor] (the “Series E Participants”, and together with the Series A
Participants, the Series B Participants, the Series C Participant and the Series D Participant, the
“Participants”), and (vi) issue to the Investor [                    ] shares of Series [     ] Preferred Stock
[and 10 shares of Series C Preferred Stock] (such shares to be issued to the Investor being herein
referred to as the “Shares”), and (vii) amend the Business Combination Agreement as described
herein to provide, among other things, that the transactions contemplated by the Amended and
Restated Business Combination Agreement will include the Share Exchange; and

     WHEREAS, capitalized terms used herein but not otherwise defined shall have the meanings set
forth in the Amended and Restated Business Combination Agreement.

     NOW, THEREFORE, in consideration of the mutual covenants, representations, warranties and
agreements contained herein, and for other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, and intending to be legally bound hereby, the parties
agree as follows:

ARTICLE I

PURCHASE AND SALE OF SECURITIES

     1.1 Issuance of Shares/Acknowledgements.

          (a) Upon the terms and subject to the conditions set forth in this Agreement, the Investor
hereby subscribes for and agrees to purchase from the Company, and the Company hereby agrees to
issue and deliver to the Investor on the Investment Closing Date, [               ] shares of Series [          ]
Preferred Stock at a purchase price of $1,000 per share ($[     ] million in the aggregate) [and 10
shares of Series C Preferred Stock at a purchase price of $1.00 per share ($10.00 in the aggregate
and, together with the aggregate purchase price for the Series B Preferred Stock, ]the “Purchase
Price”). The “Investment Closing Date” means the New York business day ten (10) New York business
days prior to the Liberty Stockholder Meeting (or such other time upon which the Company and the
Investor shall mutually agree).

          (b) The closing of the purchase and sale of the Shares described in Section 1.1(a) (the
“Investment Closing”) shall be held at the offices of Greenberg Traurig, LLP, MetLife Building, 200
Park Avenue, New York, NY 10166, on the Investment Closing Date (or at such other place upon which
the Company and the Investor shall mutually agree). At the Investment Closing, the Company shall
deliver to the Investor a certificate or certificates, registered in the name of the Investor (or
its designee), representing the Shares, and the Investor shall pay the Purchase Price therefor to
the Company by wire transfer to an interest bearing escrow account (the “Escrow Account”) to be
established by the Company at Citibank, N.A. (the “Escrow Agent”) pursuant to an escrow agreement
in form mutually agreeable to the Investor, the Company and the Escrow Agent (the “Escrow
Agreement”), such Escrow Account to be used solely to fund payments to holders of Liberty Common
Stock that make the Cash Election or for payments to the Participants upon redemption or exchange
of the Preferred Stock, as provided herein.

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          (c) The parties hereto acknowledge and agree that:

               (i) the Series A Preferred Stock will have the rights, privileges and restrictions set forth
in the Certificate of Designations of the Series A Preferred Stock attached hereto as Exhibit
A-1;

               (ii) the Series B Preferred Stock will have the rights, privileges and restrictions set forth
in the Certificate of Designations of the Series B Preferred Stock attached hereto as Exhibit
A-2;

               (iii) the Series C Preferred Stock will have the rights, privileges and restrictions set forth
in the Certificate of Designations of the Series C Preferred Stock attached hereto as Exhibit
A-3;

               (iv) the Series D Preferred Stock, will have the rights, privileges and restrictions set forth
in the Certificate of Designations of the Series D Preferred Stock attached hereto as Exhibit
A-4;

               (v) the Series E Preferred Stock, if issued, will have the rights, privileges and restrictions
set forth in the Certificate of Designations of the Series D Preferred Stock attached hereto as
Exhibit A-5;

               (vi) on the date hereof, the Company will enter into the Amended and Restated Business
Combination Agreement, in the form attached hereto as Exhibit B (as so amended and
restated, the “Amended and Restated Business Combination Agreement”);

               (vii) all of the consideration to be issued to the Participants in connection with the
Reorganization shall be described in the Amended and Restated Business Combination Agreement;

               (viii) the Investor hereby acknowledges receipt of the Registration Statement and Proxy
attached hereto as Exhibit C, the Form 8-K and press release attached hereto as Exhibit
D, the Certificate of Designations of each series of Preferred Stock, and the Amended and
Restated Business Combination Agreement. The Investor acknowledges that neither the Company, Prisa
nor any of their representatives or affiliates, has made any representation, express, or implied,
to the Investor with respect to the Company or Prisa, the Shares or Prisa Exchange Securities or
the accuracy, completeness or adequacy of any financial or other information concerning the Company
or Prisa, the Shares or Prisa Exchange Securities, other than as set forth herein. The Investor
has such information concerning the Company, Prisa, the Shares and the Prisa Exchange Securities as
it has deemed necessary to make an investment decision and has made its own assessment concerning
the relevant tax, legal and other economic considerations relevant to its investment;

               (ix) the Investor’s obligation to purchase the Shares at the Investment Closing is subject to
the conditions precedent that (A) the Certificates of Designations described above shall have been
filed with the Secretary of State of the State of Delaware in the form attached[,][and] (B) each
other Participant shall be consummating the purchase of Preferred Stock in the amounts shown on
Annex A to this Agreement on, or prior to, the Investment

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Closing Date[, and (C) Prisa and the Investor shall have agreed, in writing, to Registration
Rights Arrangements (as defined herein)];

               (x) if the Share Exchange is consummated, the Investor shall be entitled to receive the Per
Share Series [B] Consideration [and the Per Share Series C Consideration], [each] as set forth in
the Amended and Restated Business Combination Agreement; and

               (xi) this Agreement is being entered into, and the transactions contemplated hereby are being
consummated, in connection with the transactions contemplated by the Amended and Restated Business
Combination Agreement.

ARTICLE II

REPRESENTATIONS AND WARRANTIES OF THE COMPANY

     The Company represents and warrants to the Investor as follows, on and as of the date of this
Agreement and the Investment Closing Date:

     2.1 Organization; Good Standing; Qualification. The Company is duly incorporated, validly
existing and in good standing under the laws of the State of Delaware and is qualified or
registered to do business in each jurisdiction in which the nature of its business or operations
requires such qualification or registration.

     2.2 Authority; Approvals; No Violation.

          (a) The Company has full power and authority to execute and deliver this Agreement, to perform
its obligations hereunder, and to consummate the transactions contemplated hereby. This Agreement
has been duly and validly executed and delivered by the Company and (assuming due authorization,
execution and delivery by the Investor) constitutes legal, valid and binding obligations of the
Company, enforceable against the Company in accordance with its terms, except as enforceability may
be limited by bankruptcy laws, other similar laws affecting creditors’ rights and general
principles of equity affecting the availability of specific performance and other equitable
remedies.

          (b) Neither the execution and delivery of this Agreement by the Company nor the consummation
by the Company of the transactions contemplated hereby nor compliance by the Company with any of
the terms or provisions hereof will (i) violate any provision of the Company’s Organizational
Documents or (ii) (A) violate any Law or Order applicable to the Company or any of its Assets or
(B) violate, conflict with, result in a breach of any provision of or the loss of any benefit
under, constitute a default (or an event which, with notice or lapse of time, or both, would
constitute a default) under, result in the termination of or a right of termination or cancellation
or require consent or give rise to a right of first refusal under, accelerate the performance
required by, or result in the creation of any Encumbrance upon any of the Assets of the Company
under any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of
trust, license, lease, agreement or other instrument or obligation to which the Company is a party,
or by which it or any of its Assets may be bound or affected.

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          (c) The Board of Directors of the Company has duly adopted the resolutions necessary to
authorize (i) the creation of the Preferred Stock, (ii) the filing of the Certificates of
Designations relating thereto and (iii) the issuance of the shares of Preferred Stock contemplated
by this Agreement.

     2.3 Consents and Approvals. Except for (i) the filing by the Company with the SEC of a
Current Report on Form 8-K no later than four (4) SEC business days following the date of this
Agreement, (ii) the filing by the Company with the Secretary of State of the State of Delaware of
the Certificates of Designations relating to each series of Preferred Stock, and (iii) the filing
by the Company with the Secretary of State of the State of Virginia of amended and restated
Articles of Incorporation of Liberty Virginia including the terms of the Preferred Stock, no
consents or approvals of or filings or registrations with any Governmental Entity, or of or with
any third party, are necessary in connection with the execution and delivery by the Company of this
Agreement or the consummation by the Company of the transactions contemplated hereby and compliance
by the Company with any of the provisions hereof or thereof.

     2.4 Capitalization; Valid Issuance of the Shares. Except for the issuances of the Preferred
Stock to the Participants, the capitalization of the Company, as of the date of this Agreement, is
as set forth in the Registration Statement and Proxy, as it was filed with the SEC on May 7, 2010.
The Shares are duly authorized, and when issued, paid for by and delivered to the Investor in
accordance with the terms of this Agreement, will be validly issued, fully paid and non-assessable.
The powers, designations, preferences and relative, participating, optional and other rights and
the qualifications, limitations and restrictions of the Series A Preferred Stock, the Series B
Preferred Stock, the Series C Preferred Stock, the Series D Preferred Stock and the Series E
Preferred Stock, as set forth in the respective Certificates of Designations, are permitted by the
Delaware General Corporation Law and the Virginia Stock Corporation Act.

     2.5 SEC Reports and Financial Statements

          (a) The Company has filed with the SEC all forms, reports, schedules, registration statements
and definitive proxy statements required to be filed by it with the SEC since the IPO
(collectively, the “Company SEC Reports”). As of their respective dates, with respect to the
Company SEC Reports filed pursuant to the Exchange Act, and as of their respective effective dates,
as to the Company SEC Reports filed pursuant to the Securities Act, the Company SEC Reports (i)
complied, or with respect to those not yet filed, will comply, in all material respects with the
applicable requirements of the Exchange Act and the Securities Act, as applicable, and (ii) did
not, or with respect to those not yet filed, will not, contain any untrue statement of a material
fact or omit to state a material fact required to be stated therein or necessary to make the
statements made therein, in the light of the circumstances under which they were made, not
misleading.

          (b) Each of the balance sheets included in or incorporated by reference into the Company SEC
Reports (including the related notes and schedules) fairly presents, in all material respects, the
financial position of the Company as of its date, and each of the statements of income,
stockholders’ equity and cash flows of the Company included in or incorporated by reference into
the Company SEC Reports (including any related notes and schedules)

5

 

(collectively, the “Company Financial Statements”) fairly presents, in all material respects,
the results of operations and cash flows, as the case may be, of the Company for the periods set
forth therein (subject, in the case of unaudited statements, to normal year-end audit adjustments),
in each case in accordance with U.S. GAAP, except as may be noted therein and, in the case of
unaudited quarterly financial statements, as permitted by Form 10-Q under the Exchange Act. Each
of the Company Financial Statements (including the related notes, where applicable) complies in all
material respects with applicable accounting requirements and with the published rules and
regulations of the SEC with respect thereto.

          (c) The Company has no Liabilities that would be required to be reflected on, or reserved
against in, a balance sheet of the Company or in the notes thereto, prepared in accordance with
U.S. GAAP, except for (i) Liabilities that were so reserved on, or reflected in (including the
notes to), the consolidated balance sheet of the Company as of December 31, 2009, (ii) Liabilities
arising in the ordinary course of business (including trade indebtedness) since December 31, 2009
and (iii) Liabilities which would not have a Material Adverse Effect on the Company.

ARTICLE III

REPRESENTATIONS AND WARRANTIES OF THE INVESTOR

     The Investor represents and warrants to the Company as follows, on and as of the date of this
Agreement and the Investment Closing Date:

     3.1 Organization; Good Standing; Qualification. The Investor is duly organized, validly
existing and in good standing under the laws of its jurisdiction of organization and is qualified
or registered to do business in each jurisdiction in which the nature of its business or operations
requires such qualification or registration.

     3.2 Authority; Approvals; No Violation.

          (a) The Investor has full power and authority to execute and deliver this Agreement, to
perform its obligations hereunder, and to consummate the transactions contemplated hereby. This
Agreement has been duly and validly executed and delivered by the Investor and (assuming due
authorization, execution and delivery by the Company) constitutes legal, valid and binding
obligations of the Investor, enforceable against the Investor in accordance with its terms, except
as enforceability may be limited by bankruptcy laws, other similar laws affecting creditors’ rights
and general principles of equity affecting the availability of specific performance and other
equitable remedies.

          (b) Except for any filing or disclosures that may be required by the Investor in respect of
the transactions contemplated by this Agreement (i) under the Securities Exchange Act of 1934, as
amended (the “Exchange Act”) or (ii) in Spain with the CNMV pursuant to the Spanish Securities Act
24/1988, of July 28 (as amended) or any ancillary regulations thereof, neither the execution and
delivery by the Investor of this Agreement nor the consummation by the Investor of the transactions
contemplated hereby, nor compliance by the Investor with any of the terms or provisions hereof will
(i) violate any provision of the Investor’s Organizational

6

 

Documents or (ii) (A) violate any Law or Order applicable to the Investor or any of its Assets
or (B) violate, conflict with, result in a breach of any provision of or the loss of any benefit
under, constitute a default (or an event which, with notice or lapse of time, or both, would
constitute a default) under, result in the termination of or a right of termination or cancellation
or require consent or give rise to a right of first refusal under, accelerate the performance
required by, or result in the creation of any Encumbrance upon any of the Assets of the Investor
under any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of
trust, license, lease, agreement or other instrument or obligation to which the Investor is a
party, or by which it or any of its Assets may be bound or affected, as a result of which the
Investor could reasonably be expected to be unable to consummate the transactions contemplated by
this Agreement.

     3.3 Ownership of Liberty Securities; No Voting Agreements. As of the date of this Agreement,
(i) the Investor and its affiliates beneficially own or have an interest in [               ] shares of
Liberty Common Stock and [               ] Liberty Warrants; (ii) neither the Investor nor any of its
affiliates has any short positions in the Liberty Common Stock or the Liberty Warrants; (iii) the
Investor and its affiliates beneficially own or have an interest in [               ] Prisa Ordinary
Shares; and (iv) neither the Investor nor any of its affiliates has any short positions in the
Prisa Ordinary Shares. The Investor has not entered into any arrangement or agreement with any
Person with respect to any vote of Liberty Common Stock or Liberty Warrants at any time, except as
described in this Agreement.

     3.4 No Pre-Existing Arrangements. Other than as previously disclosed to the Company, the
Investor does not have any contract, undertaking, agreement or arrangement with any Person to sell,
transfer or grant participations to such Person or to any third Person, with respect to the Prisa
Exchange Securities, any shares of Liberty Common Stock or Liberty Warrants.

     3.5 Information. The Investor acknowledges that (i) it can bear the economic risk, including
complete loss, of its investment in the Preferred Stock and Prisa Exchange Securities, and (ii) it
has such knowledge and experience in financial and business matters that it is capable of
evaluating the merits and risks of an investment in the Preferred Stock and Prisa Exchange
Securities.

     3.6 Accredited Investor. The Investor is an “Accredited Investor,” as such term is defined in
Rule 501(a) under the Securities Act (without reliance on Rule 501(a)(4) thereof). The Shares
acquired by the Investor pursuant to this Agreement are being acquired for Investor’s own account
and not with a view to, or intention of, distribution thereof in violation of the Securities Act or
any applicable state securities laws.

     3.7 No Registration; Other Acknowledgements. The Investor hereby acknowledges and agrees as
follows:

          (a) The Investor understands that the Shares are not registered under the Securities Act and
are only transferable with the consent of the Company, and as such, the Shares may not be sold,
transferred or otherwise disposed of without registration under the Securities Act or an exemption
therefrom, and that in the absence of either an effective registration statement covering such
Shares or an available exemption from registration under the

7

 

Securities Act, the Shares must be held for so long as is required by the Securities Act and
the rules and regulations thereunder. To the extent applicable, the Investor understands and
agrees that the certificate or any other document evidencing any of the Shares shall be endorsed
with a legend to the foregoing effect.

          (b) The Shares, when issued and delivered in accordance with the terms of this Agreement, will
not, except as otherwise provided by the terms of the Certificate of Designations relating to such
Shares, be entitled to (i) redemption rights in connection with the transactions contemplated by
the Amended and Restated Business Combination Agreement (or any other Business Combination) or (ii)
participate in any liquidating distribution if the Company fails to consummate the transactions
contemplated by the Amended and Restated Business Combination Agreement.

     3.8 Investigation; Consequences of Laws. The Investor hereby acknowledges and agrees as
follows:

          (a) The Investor made its own independent investigation and appraisal of the business,
results, financial condition, prospects, creditworthiness, status and affairs of the Company and
Prisa and has made its own investment decision to acquire the Shares with the knowledge they may be
converted into Prisa Exchange Securities. The Investor is aware and understands that an investment
in the Shares and Prisa Exchange Securities involves a considerable degree of risk and no United
States federal or state or non-US agency has made any finding or determination as to the fairness
for investment or any recommendation or endorsement of any such investment.

          (b) The Investor understands that there may be certain consequences under United States and
other tax laws resulting from an investment in the Shares and receipt of, and investment in, Prisa
Exchange Securities, and it has made such investigation and consulted its own independent advisers
or otherwise with respect thereto.

ARTICLE IV

ADDITIONAL AGREEMENTS

     4.1 Investor Transfer Restrictions with Respect to Preferred Exchange Shares.

          (a) Until the date that is forty-five (45) days following the date of the closing of the Share
Exchange, the Investor shall not, except as previously disclosed, without the prior written consent
of the Company:

               (i) offer, issue, pledge, lend, sell or contract to sell, issue options in respect of or
otherwise dispose of, directly or indirectly, or announce an offering or issue of, any Prisa
Exchange Securities issued in exchange for the Shares (the “Preferred Exchange Shares”)(or any
interest therein or in respect thereof) or any other securities convertible into or exchangeable or
exercisable for such Preferred Exchange Shares; or

               (ii) enter into any swap or any other agreements or any transaction that transfers, in whole
or in part, directly or indirectly, the economic consequence of ownership of

8

 

such Preferred Exchange Shares, whether any such swap transaction is to be settled by delivery
of Preferred Exchange Shares or other securities, in cash or otherwise, or agree to do, any of the
foregoing. For the avoidance of doubt, the limitations in this Section 4.1(a) shall not apply to
any securities of the Company or Prisa owned or acquired by the Investor, other than the Preferred
Exchange Shares.

          (b) The Investor shall not make any sale, transfer or other disposition of Prisa Exchange
Securities (or the underlying Prisa Class A Ordinary Shares or Prisa Convertible Non-Voting Shares)
in violation of the Securities Act or the Rules and Regulations promulgated thereunder. The
Investor understands and agrees that this clause 4.1(b) shall apply to all securities of Prisa that
are deemed to be beneficially owned by the Investor pursuant to applicable federal securities laws.

     4.2 Waiver of Claims Against the Trust Account. The Investor has read the Company’s
Prospectus, dated December 6, 2007 (“Prospectus”) and understands that the Company has established
the Trust Account (initially in an amount of $1,016,702,500) for the benefit of its public
stockholders and that it may disburse monies from the Trust Account only as set forth in the
Prospectus. The Investor agrees that it does not have any right, title, interest or claim of any
kind (“Claim”) in or to any monies in the Trust Fund (other than with respect to its liquidation or
redemption rights as a holder of Liberty Common Stock) and waives any Claim it may have in the
future as a result of, or arising out of, any negotiations, contracts or agreements with the
Company (including this Agreement) and will not seek recourse against the Trust Account for any
reason whatsoever (other than with respect to its liquidation or redemption rights as a holder of
Liberty Common Stock).

     4.3 Compliance with Laws; Further Assurances. Each of the parties hereby agrees that it shall
comply with all applicable Laws. Subject to the terms and conditions of this Agreement, each of the
parties hereto shall use its reasonable efforts to take, or cause to be taken, all action, and to
do, or cause to be done, all things necessary, proper or advisable under applicable laws to
consummate the transactions contemplated by this Agreement, including the delivery to the Company,
as soon as practicable, of all material information reasonably required for the completion of the
Registration Statement and Proxy and prompt notification of the Company if any such information
becomes materially untrue or inaccurate.

     4.4 Disclosure of Material Non-Public Information Provided to the Investor. To the extent
that the Company shall have provided the Investor with any material non-public information
concerning the transactions contemplated by the Amended and Restated Business Combination Agreement
on or prior to the date hereof, such information shall be disclosed in the Form F-4 at the time of
the amended filing with the SEC and in the Registration Statement and Proxy.

     4.5 Disclosure. The Form 8-K to be filed by the Company following the execution of this
Agreement and the press release announcing, among other things, the execution of this Agreement,
shall contain disclosure regarding the Investor and this Agreement substantially in the form
attached to this Agreement as Exhibit D. The Company is not aware of any material non-public
information about the Company or Prisa, which has been provided to the Investor, which will not be
included in the aforesaid Form 8-K. The Company shall use reasonable

9

 

commercial efforts to obtain from Prisa prior to the filing thereof, and supply to the
Investor, a copy of the “hecho relevante” to be filed by Prisa following the execution of this
Agreement. Prior to making any other disclosure identifying the Investor or relating to or
describing this Agreement or the purchase by the Investor of the Shares, the Company shall provide
the Investor with a draft of such disclosure and a reasonable opportunity to comment on such
disclosure.

     4.6 Prisa Shareholders’ Resolutions. Immediately following receipt of the draft resolutions
for the Prisa’s shareholders’ general meeting regarding the issuance of Prisa Class B Convertible
Non-Voting Shares, the Company shall provide the Investor with a copy of such draft resolutions.
The Company shall include in its comments to such draft resolutions provided to Prisa all
reasonable comments the Investor may make to such draft resolutions for purposes of protecting any
rights of the holders of such securities set forth in Schedule I and Exhibit G of the Business
Combination Agreement as well as under applicable Spanish corporate law.

     4.7 [Registration Rights Arrangements. The Investor will promptly enter into good faith
negotiations with Prisa in order to reach a mutually acceptable agreement providing for Prisa to
maintain, at its own expense, and subject to agreed limitations, an effective registration
statement on Form F-4 or Form F-1 for a period of one year after the consummation of the Share
Exchange with respect to the resale to the public of the Prisa Exchange Securities held by the
Investor, but only for so long as Investor reasonably determines, based on advice of outside
counsel, that such registration is necessary in order for such resales to be conducted lawfully
(the “Registration Rights Arrangements”).]

     4.8 Restriction on Sale of Preferred Stock. The Company shall not take any action which would
give rise to a termination right pursuant to Section 5.2(b)(iv) of this Agreement.

ARTICLE V

GENERAL PROVISIONS

     5.1 Non-survival of Representations and Warranties. None of the representations and
warranties in this Agreement shall survive the Closing or termination of this Agreement.

     5.2 Termination. The Investor shall have the right to terminate this Agreement by giving
written notice to the Company in the following circumstances (provided, however, that the Investor
shall not have the right to terminate this Agreement if any of the following circumstances occur or
fail to occur as a result of the breach of the terms hereof by the Investor):

          (a) If the Investment Closing has not occurred on or before November 15, 2010, or if the
Closing has not occurred on or before December 6, 2010, in each case, at any time after such date,
with or without cause; or

          (b) in case any of the following circumstances occur:

               (i) termination of the Amended and Restated Business Combination Agreement;

10

 

               (ii) any (x) Order or other legal restraint or prohibition making the transactions
contemplated by this Agreement illegal or otherwise preventing the consummation of the transactions
contemplated by this Agreement shall be in effect or Action therefor shall have been commenced by a
Governmental Entity or (y) statute, rule, regulation, Order shall have been enacted, entered,
promulgated or enforced by any Governmental Entity that prohibits, or makes illegal consummation of
the transactions contemplated by this Agreement;

               (iii) any (w) amendment is made to the Amended and Restated Business Combination Agreement
(other than Amendment No. 1 thereto as set forth in Schedule III thereof (“Amendment No. 1”)), (x)
waiver is given by the Company under the Amended and Restated Business Combination Agreement, in
either case, without the prior written consent of the Investor and which (A) directly or
indirectly, decreases the Per Share Series B Consideration or the Per Share Series C Consideration,
in absolute terms or relative to the Liberty Common Stock, the Per Share Series A Consideration,
the Per Share Series D Consideration or the Per Share Series E Consideration or (B) otherwise
materially and adversely affects the Investor, (y) amendment is made to the Escrow Agreement
without the consent of the Investor or (z) amendment is made to section 2.4, 2.7 or 3.5 of the
Amended and Restated Business Combination Agreement (other than Amendment No. 1) without the
consent of the Investor, which amendment adversely affects the Investor;

               (iv) (y) any Person other than the Company, the Participants shown on Annex A, or purchasers
of Series E Preferred Stock in connection with Amendment No. 1 shall have entered into an agreement
to purchase, or shall have purchased from the Company or the Sponsors, Preferred Stock or any other
security of Liberty, or (z) the terms of the purchase agreement and any related agreement pursuant
to which any other Person purchases Preferred Stock shall have been (or shall have been amended to
become) more favorable to such Person than the terms of this Agreement are to the Investor, in each
case, without the prior written consent of the Investor;

               (v) the Company shall declare or pay any dividend or distribution of any kind with a record
date prior to the second day after the Liberty Stockholder Meeting;

               (vi) the Liberty Stockholder Approval or the Liberty Warrantholder Approval is not obtained at
the Liberty Stockholder Meeting; or

               (vii) the Form F-4, at any time from and after the date the Registration Statement and Proxy
is mailed to holders of Liberty Common Stock and Liberty Warrants, shall fail to be effective for
the registration [of the resale by the Investor] of any and all Prisa Exchange Securities held by the
Investor following the Share Exchange.

     5.3 Effects of Termination.

          (a) In the event of termination of this Agreement by the Investor as provided in Section 5.2
prior to the occurrence of the Investment Closing, this Agreement (other than this Section 5.3 and
the agreements contained in Section 4.2) shall be of no further force and effect and no party shall
have any obligation to the other party hereunder.

11

 

          (b) In the event of termination of this Agreement by the Investor as provided in Section 5.2
after the occurrence of the Investment Closing:

               (i) the Company shall, promptly, but in no event more than five (5) New York business days
following the termination of this Agreement, redeem the Shares by paying the Investor (A) the
Stated Value of the Shares (as defined in the Certificates of Designations relating to the Shares)
plus (B) a pro rata amount of the monies remaining in the Escrow Account after payment of the
Stated Value on all shares of outstanding Preferred Stock, following which payment the Shares shall
be cancelled; and

               (ii) this Agreement (other than this Section 5.3 and the agreements contained in Sections 4.2)
shall be of no further force and effect and no party shall have any obligation to the other party
hereunder.

     5.4 Delay or Waivers. No waiver by any party of any default with respect to any provision,
condition or requirement of this Agreement shall be deemed to be a continuing waiver in the future
or a waiver of any other provisions, condition or requirement hereof nor shall any delay or
omission of any party to exercise any right hereunder in any manner impair the exercise of any such
right accruing to it thereafter. No provision of this Agreement may be waived other than in a
written instrument signed by the party against whom enforcement of such waiver is sought.

     5.5 No Partnership or Joint Venture. Nothing in this Agreement is intended to, or shall be
deemed to, establish any partnership or joint venture between any of the parties or Participants,
constitute any party the agent of another party or Participant, nor authorize any party to make or
enter into any commitments for or on behalf of any other party or Participant.

     5.6 Further Assurance. At its own expense, each party shall and shall use all reasonable
endeavors to procure that any necessary third party shall promptly execute and deliver such
documents and perform such acts as may be required for the purpose of giving full effect to this
Agreement.

     5.7 Time of the Essence. Time shall be of the essence in respect of any dates, times and
periods specified in this Agreement and in respect of any dates, times and periods which may be
substituted for them in accordance with this Agreement, or by agreement in writing between the
parties. Time shall not be of the essence in respect of any other obligation in this Agreement.

     5.8 Amendment. This Agreement may not be amended except by an instrument in writing signed on
behalf of each of the parties hereto.

     5.9 Expenses. All fees and other expenses incurred hereunder shall be paid by the party
incurring such expense.

     5.10 Notices. All notices and other communications hereunder shall be in writing and shall be
deemed given (i) upon personal delivery to the party to be notified; (ii) when received when sent
by email or facsimile by the party to be notified, provided, however, that notice
given by email or facsimile shall not be effective unless either (a) a duplicate copy of such email
or fax

12

 

notice is promptly given by one of the other methods described in this Section 5.10 or
(b) the receiving party delivers a written confirmation of receipt for such notice either by email
or fax or any other method described in this Section 5.10; or (iii) when delivered by an
express courier (with confirmation of delivery); in each case to the party to be notified at the
following address (or at such other address for a party as shall be specified by like notice):

          (a) if to the Company to:

Liberty Acquisition Holdings Corp.

1114 Avenue of the Americas

41st Floor

New York, NY 10036

Facsimile No.: +1 (212) 207-8784

Attention: James Hauslein, Director

Email: jim@hauslein.com

          With a copy to:

Greenberg Traurig

401 E. Las Olas Boulevard

Suite 2000

Ft. Lauderdale, FL 33301

Facsimile No.: +1 (954) 765-1477

Attention: Donn Beloff, Esq.

Email: beloffd@gtlaw.com

          (b) if to Investor, to:

                                                            

                                                            

Facsimile No.:                          

Attention:                               

Email:                                         

          With a copy to:

                                                            

                                                            

Facsimile No.:                          

Attention:                               

Email:                                         

13

 

and

                                                            

                                                            

Facsimile No.:                          

Attention:                               

Email:                                         

     5.11 Interpretation. When a reference is made in this Agreement to Sections, such reference
shall be to a Section of this Agreement unless otherwise indicated. The headings contained in this
Agreement are for reference purposes only and shall not affect in any way the meaning or
interpretation of this Agreement. Whenever the words “include”, “includes” or “including” are used
in this Agreement, they shall be deemed to be followed by the words “without limitation”.
References to “$” refer to U.S. Dollars.

     5.12 Counterparts. This Agreement may be executed in counterparts, and by facsimile or
portable document format (pdf) transmission, all of which shall be considered one and the same
agreement and shall become effective when counterparts have been signed by each of the parties and
delivered to the other parties, it being understood that all parties need not sign the same
counterpart.

     5.13 Entire Agreement; Severability.

          (a) This Agreement constitutes the entire agreement among the parties and supersedes all prior
agreements and understandings, both written and oral, among the parties with respect to the subject
matter hereof. Each party acknowledges that, in entering into this Agreement, it has not relied on,
and shall have no right or remedy in respect of, any statement, representation, assurance or
warranty (whether made negligently or innocently) other than as expressly set out in this
Agreement. Nothing in this clause shall limit or exclude any liability for fraud.

          (b) If any term or other provision of this Agreement is found by a court of competent
jurisdiction to be invalid, illegal or incapable of being enforced by any rule of Law, or public
policy, all other conditions and provisions of this Agreement shall nevertheless remain in full
force and effect so long as the economic or legal substance of the transactions contemplated hereby
is not affected in any manner materially adverse to any party. Upon such determination that any
term or other provision is invalid, illegal or incapable of being enforced, the parties hereto
shall negotiate in good faith to modify this Agreement so as to effect the original intent of the
parties as closely as possible in a mutually acceptable manner in order that the transactions
contemplated hereby be consummated as originally contemplated to the fullest extent possible.

     5.14 Governing Law. This Agreement shall be governed by and construed in accordance with the
Laws of the State of New York.

14

 

     5.15 Jurisdiction. Each of the Investor and the Company irrevocably agree that any legal
action or proceeding with respect to this Agreement or for recognition and enforcement of any
judgment in respect hereof brought by another party hereto or its successors or assigns may be
brought and determined in any Federal court (or, if jurisdiction is unavailable in such Federal
court, a state court of competent jurisdiction) sitting in the State of New York, and each of the
Investor and the Company hereby (i) irrevocably submits with regard to any such action or
proceeding for itself and in respect to its property, generally and unconditionally, to the
exclusive personal jurisdiction of the aforesaid courts in the event any dispute arises out of this
Agreement or any transaction contemplated hereby, (ii) agrees that it will not attempt to deny or
defeat such personal jurisdiction by motion or other request for leave from any such court and
(iii) agrees that it will not bring any action relating to this Agreement or any transaction
contemplated hereby in any court other than Federal court (or, if jurisdiction is unavailable in
such Federal court, a state court of competent jurisdiction) sitting in the State of New York. Any
service of process to be made in such action or proceeding may be made by delivery of process in
accordance with the notice provisions contained in Section 5.10. Each of the Investor and the
Company hereby irrevocably waives, and agrees not to assert, by way of motion, as a defense,
counterclaim or otherwise, in any action or proceeding with respect to this Agreement, (i) the
defense of sovereign immunity, (ii) any claim that it is not personally subject to the jurisdiction
of the above-named courts for any reason other than the failure to serve process in accordance with
this Section 5.15, (iii) that it or its property is exempt or immune from jurisdiction of any such
court or from any legal process commenced in such courts (whether through service of notice,
attachment prior to judgment, attachment in aid of execution of judgment, execution of judgment or
otherwise), and (iv) to the fullest extent permitted by Applicable Law that (A) the suit, action or
proceeding in any such court is brought in an inconvenient forum, (B) the venue of such suit,
action or proceeding is improper and (C) this Agreement, or the subject matter hereof, may not be
enforced in or by such courts.

     5.16 Assignment

          (a) This Agreement is personal to the parties and no party shall assign, transfer, mortgage,
charge, subcontract, declare a trust of or deal in any other manner with any of its rights and
obligations under this Agreement without the prior written consent of the other party, except for
transfers to affiliates (as defined under Rule 144 of the Securities Act of 1933, as amended) of
the Investor upon notice to the Company.

          (b) Each party confirms it is acting on its own behalf and not for the benefit of any other
Person. This Agreement will be binding upon, inure to the benefit of and be enforceable by the
parties and their respective successors and assigns.

     5.17 Third Party Rights. A person who is not a party to this Agreement shall have no right to
enforce the terms of this Agreement. Nothing in this Agreement shall restrict the rights of the
parties hereto to amend, vary or waive any of the terms of this Agreement, and accordingly, they
may do so in their sole discretion.

     5.18 Specific Performance. The parties hereto agree that irreparable damage would occur in
the event that any of the provisions of this Agreement was not performed in accordance with its
specified terms or was otherwise breached and that remedies at law may be inadequate to

15

 

protect
against a breach of the obligations under this Agreement. It is accordingly agreed that the
parties shall be entitled to an injunction or injunctions to prevent breaches of this Agreement and
to specific performance of the terms and provisions hereof in any court of competent jurisdiction,
this being in addition to any other remedy to which they are entitled at law or in equity.

[Signature Page to Follow]

16

 

     IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their
respective officers thereunto duly authorized as of the date first above written.

	 	 	 	 	 
	 	COMPANY:

LIBERTY ACQUISITION HOLDINGS CORP.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

[Signature Page to Preferred Stock Purchase Agreement]

 

 

	 	 	 	 	 
	 	INVESTOR:

[                                                            ]

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

[Signature Page to Preferred Stock Purchase Agreement]

 

 

Annex A

Participants

	 	 	 	 	 
	Class	 	Investor	 	Amount
	Series A
	 	Berggruen Acquisition Holdings Ltd	 	$25 million
	Series A
	 	Marlin Equities II, LLC	 	$25 million
	Series B
	 	Tyrus Capital Event Master Fund Ltd.	 	$150 million
	Series B
	 	HSBC Bank plc	 	$150 million
	Series C
	 	Tyrus Capital Event Master Fund Ltd.	 	$10
	Series D
	 	Centaurus Capital	 	$50 million

 

 

Schedule of Material Differences to Exhibit 10.1

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Number of Shares	 	 	 	 
	 	 	Series of Preferred	 	of Preferred	 	Total	 
	 	 	Stock to be	 	Stock to be	 	Purchase	 	 
	Name of Investor	 	Purchased	 	Purchased	 	Price	 	Other
	Berggruen Acquisition Holdings Ltd.
	 	Series A	 	 	25,000	 	 	$25 million	 	*
	Marlin Equities II, LLC
	 	Series A	 	 	25,000	 	 	$25 million	 	*
	Tyrus Capital Event Master Fund Ltd.
	 	Series B	 	 	150,000	 	 	$150 million	 	 
	 
	 	Series C	 	 	10	 	 	$10	 	 
	HSBC Bank plc
	 	Series B	 	 	150,000	 	 	$150 million	 	 
	Certain funds managed by Centaurus Capital LP
	 	Series D	 	 	50,000	 	 	$50 million	 	*

 

			
	*	 	No requirement that the Investor enter into an agreement with Prisa to maintain an effective
resale registration statement for the shares of Liberty Preferred Stock purchased by it.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00177-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00177-of-00352.parquet"}]]