Document:

Warrant Letter Agreement

 Exhibit 4.5 
 

 
 JPMorgan Chase Bank, National Association 
 P.O. Box 161 
 60 Victoria Embankment 
 London EC4Y 0JP 
 England 
 August 17, 2006 
 To: Macrovision Corporation 
 2830 De La Cruz Blvd. 
 Santa Clara, CA 95050 
 Attention: Chief Financial Officer 

			
	Telephone No.:	  	(408) 562-8400
	Facsimile No.:	  	(408) 567-1802

 Re: Warrants 
 The purpose of this letter agreement is to confirm the terms and conditions of the Warrants issued by Macrovision Corporation (“Company”) to JPMorgan Chase Bank, National Association, London Branch
(“JPMorgan”) on the Trade Date specified below (the “Transaction”). This letter agreement constitutes a “Confirmation” as referred to in the ISDA Master Agreement specified below. This Confirmation shall
replace any previous agreements and serve as the final documentation for this Transaction. 
 The definitions and provisions contained in the
2002 ISDA Equity Derivatives Definitions (the “Equity Definitions”), as published by the International Swaps and Derivatives Association, Inc. (“ISDA”), are incorporated into this Confirmation. In the event of any
inconsistency between the Equity Definitions and this Confirmation, this Confirmation shall govern. This Transaction shall be deemed to be a Share Option Transaction within the meaning set forth in the Equity Definitions. 
 Each party is hereby advised, and each such party acknowledges, that the other party has engaged in, or refrained from engaging in, substantial financial
transactions and has taken other material actions in reliance upon the parties’ entry into the Transaction to which this Confirmation relates on the terms and conditions set forth below. 
 1. This Confirmation evidences a complete and binding agreement between JPMorgan and Company as to the terms of the Transaction to which this Confirmation relates. This
Confirmation shall supplement, form a part of, and be subject to an agreement in the form of the 2002 ISDA Master Agreement (the “Agreement”) as if JPMorgan and Company had executed an agreement in such form (but without any
Schedule except for the election of the laws of the State of New York as the governing law) on the Trade Date. In the event of any inconsistency between provisions of that Agreement and this Confirmation, this Confirmation will prevail for the
purpose of the Transaction to which this Confirmation relates. The parties hereby agree that no Transaction other than the Transaction to which this Confirmation relates shall be governed by the Agreement. 
 2. The Transaction is a Warrant Transaction, which shall be considered a Share Option Transaction for purposes of the Equity Definitions. The terms of the particular
Transaction to which this Confirmation relates are as follows: 
 JPMorgan Chase Bank, National Association 
 Organised under the laws of the United States as a National Banking Association. 
 Main Office 1111 Polaris Parkway, Columbus, Ohio 43271 
 Registered as a branch
in England & Wales branch No. BR000746. Registered 
 Branch Office 125 London Wall, London EC2Y 5AJ 
 Authorised and regulated by the Financial Services Authority 

 

 
  

			
	General Terms:	  	
		
	 Trade Date:
	  	August 17, 2006
		
	 Warrants:
	  	Equity call warrants, each giving the holder the right to purchase one Share at the Strike Price, subject to the Settlement Terms set forth below. For the purposes of the Equity Definitions,
each reference to a Warrant herein shall be deemed to be a reference to a Call Option.
		
	 Warrant Style:
	  	American
		
	 Seller:
	  	Company
		
	 Buyer:
	  	JPMorgan
		
	 Shares:
	  	The common stock of Company, par value USD 0.001 per Share (Exchange symbol “MVSN”)
		
	 Number of Warrants:
	  	7,955,337, subject to adjustment as provided herein.
		
	 Warrant Entitlement:
	  	One Share per Warrant
		
	 Strike Price:
	  	USD 32.9248
		
	 Premium:
	  	USD 30,346,516
		
	 Premium Payment Date:
	  	August 23, 2006
		
	 Exchange:
	  	NASDAQ Global Select Market
		
	 Related Exchange(s):
	  	All Exchanges
		
	Procedures for Exercise:	  	
		
	 Expiration Time:
	  	The Valuation Time
		
	 Expiration Date(s):
	  	Each Scheduled Trading Day during the period from and including the First Expiration Date and to and including the 104th Scheduled Trading Day following the First Expiration Date shall be an “Expiration Date” for a number of Warrants equal to the Daily Number of Warrants on such date; provided that, notwithstanding
anything to the contrary in the Equity Definitions, if any such date is a Disrupted Day, the Calculation Agent shall make adjustments, if applicable, to the Daily Number of Warrants or shall reduce such Daily Number of Warrants to zero for which
such day shall be an Expiration Date and shall designate a Scheduled Trading Day or a number of Scheduled Trading Days as the Expiration Date(s) for the remaining Daily Number of Warrants or a portion thereof for the originally scheduled Expiration
Date; and provided further that if such Expiration Date has not occurred pursuant to this clause as of the eighth Scheduled Trading Day following the last scheduled Expiration Date under this Transaction, the Calculation Agent shall have the
right to declare such Scheduled Trading Day to be the final Expiration Date and the Calculation Agent shall

  

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		  	determine its good faith estimate of the fair market value for the Shares as of the Valuation Time on that eighth Scheduled Trading Day or on any subsequent Scheduled Trading Day, as the
Calculation Agent shall determine using commercially reasonable means.
		
	 First Expiration Date:
	  	August 16, 2011 (or if such day is not a Scheduled Trading Day, the next following Scheduled Trading Day), subject to Market Disruption Event below.
		
	 Multiple Exercise:
	  	Applicable
		
	 Minimum Number of Warrants:
	  	1
		
	 Daily Number of Warrants:
	  	For any Expiration Date, the Number of Warrants that have not expired or been exercised as of such day, divided by the remaining number of Expiration Dates (including such day), rounded
down to the nearest whole number, subject to adjustment pursuant to the provisos to “Expiration Date(s)”.
		
	 Maximum Number of Warrants:
	  	All warrants remaining unexercised as of the remaining Exercise Date(s).
		
	 Automatic Exercise:
	  	Applicable; and means that, unless all Warrants have been previously exercised hereunder, a number of Warrants for each Expiration Date equal to the Daily Number of Warrants (as adjusted
pursuant to the terms hereof) for such Expiration Date will be deemed to be automatically exercised; provided that “In-the-Money” means that the Relevant Price for such Expiration Date exceeds the Strike Price for such Expiration
Date; and provided further that all references in Section 3.4(b) of the Equity Definitions to “Physical Settlement” shall be read as references to “Net Share Settlement”.
		
	 Market Disruption Event:
	  	Section 6.3(a)(ii) of the Equity Definitions is hereby amended by replacing clause (ii) in its entirety with “(ii) an Exchange Disruption, or” and inserting immediately following
clause (iii) the phrase “; in each case that the Calculation Agent determines is material.”
		
	Valuation:	  	
		
	 Valuation Time:
	  	Scheduled Closing Time; provided that if the principal trading session is extended, the Calculation Agent shall determine the Valuation Time in its reasonable discretion.
		
	 Valuation Date:
	  	Each Exercise Date.
		
	Settlement Terms:	  	
		
	 Settlement Method:
	  	Net Share Settlement.
		
	 Net Share Settlement:
	  	On the relevant Settlement Date, Company shall deliver to JPMorgan the Share Delivery Quantity of Shares for such Settlement Date to the account specified hereto free of payment through the
Clearance System.

  

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	 Share Delivery Quantity:
	  	For any Settlement Date, a number of Shares, as calculated by the Calculation Agent, equal to the Net Share Settlement Amount for such Settlement Date divided by the Settlement Price
on the Valuation Date in respect of such Settlement Date, rounded down to the nearest whole number plus any Fractional Share Amount.
		
	 Net Share Settlement Amount:
	  	For any Settlement Date, an amount equal to the product of (i) the Number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for such
Settlement Date and (iii) the Warrant Entitlement.
		
	 Settlement Price:
	  	For any Valuation Date, the per Share volume-weighted average price as displayed under the heading “Bloomberg VWAP” on Bloomberg page MVSN.UQ <equity> AQR (or any successor
thereto) in respect of the period from the scheduled opening time of the Exchange to the Scheduled Closing Time on such Valuation Date (or if such volume-weighted average price is unavailable, the market value of one Share on such Valuation Date, as
determined by the Calculation Agent). Notwithstanding the foregoing, if (i) any Expiration Date is a Disrupted Day and (ii) the Calculation Agent determines that such Expiration Date shall be an Expiration Date for fewer than the Daily Number of
Warrants, as described above, then the Settlement Price for the relevant Valuation Date shall be the volume-weighted average price per Share on such Valuation Date on the Exchange, as determined by the Calculation Agent based on such sources as it
deems appropriate using a volume-weighted methodology, for the portion of such Valuation Date for which the Calculation Agent determines there is no Market Disruption Event.
		
	 Settlement Date(s):
	  	As determined in reference to Section 9.4 of the Equity Definitions, subject to Section 9(n)(i) hereof.
		
	Other Applicable Provisions:	  	The provisions of Sections 9.1(c), 9.8, 9.9, 9.11, 9.12 and 10.5 of the Equity Definitions will be applicable, except that all references in such provisions to “Physically-Settled”
shall be read as references to “Net Share Settled.” “Net Share Settled” in relation to any Warrant means that Net Share Settlement is applicable to that Warrant.
		
	Representation and Agreement:	  	Notwithstanding Section 9.11 of the Equity Definitions, the parties acknowledge that any Shares delivered to JPMorgan may be, upon delivery, subject to restrictions and limitations arising from
Company’s status as issuer of the Shares under applicable securities laws.
	
	3. Additional Terms applicable to the Transaction:
		
	 Adjustments applicable to the Warrants:
	  	
		
	 Method of Adjustment:
	  	Calculation Agent Adjustment. For the avoidance of doubt, in making any adjustments under the Equity Definitions, the Calculation Agent may make adjustments, if any, to any one or more of the
Strike Price, the Number of Warrants, the Daily Number of Warrants and the Warrant Entitlement.

  

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		  	Notwithstanding the foregoing, any cash dividends or distributions on the Shares, whether or not extraordinary, shall be governed by Section 9(i) of this Confirmation in lieu of Article 10 or
Section 11.2(c) of the Equity Definitions.
		
	Extraordinary Events applicable to the Transaction:	  	
		
	 New Shares:
	  	Section 12.1(i) of the Equity Definitions is hereby amended by deleting the text in clause (i) in its entirety and replacing it with the phrase “publicly quoted, traded or listed on any of
the New York Stock Exchange, the American Stock Exchange, the NASDAQ Global Select Market or the NASDAQ Global Market (or their respective successors)”.
		
	 Consequence of Merger Events:
	  	
		
	 Share-for-Share:
	  	Modified Calculation Agent Adjustment
		
	 Share-for-Other:
	  	Cancellation and Payment (Calculation Agent Determination)
		
	 Share-for-Combined:
	  	Cancellation and Payment (Calculation Agent Determination); provided that JPMorgan may elect, in its commercially reasonable judgment, Component Adjustment (Calculation Agent
Determination).
		
	 Consequence of Tender Offers:
	  	
		
	 Tender Offer:
	  	Applicable; provided however that if an event occurs that constitutes both a Tender Offer under Section 12.1(d) of the Equity Definitions and Additional Termination Event under Section
9(k)(ii)(D) of this Confirmation, JPMorgan may elect, in its commercially reasonable judgment, whether the provisions of Section 12.3 of the Equity Definitions or Section 9(k)(ii)(D) will apply.
		
	 Share-for-Share:
	  	Modified Calculation Agent Adjustment
		
	 Share-for-Other:
	  	Modified Calculation Agent Adjustment
		
	 Share-for-Combined:
	  	Modified Calculation Agent Adjustment
		
	 Nationalization, Insolvency or Delisting:
	  	Cancellation and Payment (Calculation Agent Determination); provided that, in addition to the provisions of Section 12.6(a)(iii) of the Equity Definitions, it will also constitute a
Delisting if the Exchange is located in the United States and the Shares are not immediately re-listed, re-traded or re-quoted on any of the New York Stock Exchange, the American Stock Exchange, the NASDAQ Global Select Market or the NASDAQ Global
Market (or their respective successors); if the Shares are immediately re-listed, re-traded or re-quoted on any of the New York Stock Exchange, the American Stock Exchange, the NASDAQ Global Select Market or the NASDAQ Global Market, such exchange
or quotation system shall thereafter be deemed to be the Exchange.

  

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	Additional Disruption Events:	  	
		
	 Change in Law:
	  	Applicable
		
	 Failure to Deliver:
	  	Not Applicable
		
	 Insolvency Filing:
	  	Applicable
		
	 Hedging Disruption:
	  	Applicable
		
	 Increased Cost of Hedging:
	  	Not Applicable
		
	 Loss of Stock Borrow:
	  	Applicable
		
	 Maximum Stock Loan Rate:
	  	200 basis points
		
	 Increased Cost of Stock Borrow:
	  	Applicable
		
	 Initial Stock Loan Rate:
	  	50 basis points
		
	 Hedging Party:
	  	JPMorgan for all applicable Additional Disruption Events
		
	 Determining Party:
	  	JPMorgan for all applicable Additional Disruption Events
		
	 Non-Reliance:
	  	Applicable
		
	 Agreements and Acknowledgments
	  	
		
	 Regarding Hedging Activities:
	  	Applicable
		
	 Additional Acknowledgments:
	  	Applicable
		
	4. Calculation Agent:	  	JPMorgan

 5. Account Details: 
  

	 	(a)	Account for payments to Company: 

 JPM Chase Bank

 ABA# 021-000-021 
 Acct:
Macrovision Corporation 

					
		 	 Acct No.:
	 	DDA 304159522
		 		 	FFC 14534-0

 Account for delivery of Shares from Company: 
 To be provided under separate cover by Company. 
  

	 	(b)	Account for payments to JPMorgan: 

 JPMorgan Chase Bank,
N.A., New York 
 ABA: 021 000 021 
 Favour: JPMorgan Chase Bank N.A., London 
 A/C: 0010962009 
 CHASUS33 
 Account for delivery of Shares to
JPMorgan: 
 DTC 0060 
  

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 6. Offices: 
 The Office of Company for the Transaction is: Inapplicable, Company is not a Multibranch Party. 
 The Office of JPMorgan for the Transaction is: London 
 JPMorgan Chase Bank, National Association

 London Branch 
 P.O. Box 161

 60 Victoria Embankment 
 London EC4Y 0JP 
 England 
 7.
Notices: For purposes of this Confirmation: 
  

	 	(a)	Address for notices or communications to Company: 

 Macrovision Corporation 
 2830 De La Cruz Blvd. 
 Santa Clara, CA 95050 
 Attention: Chief Financial Officer 
 Telephone No.: (408) 562-8400 
 Facsimile No.:  (408) 567-1802 
 Address for notices or communications to JPMorgan: 
 JPMorgan notice information to follow: 
 JPMorgan Chase Bank, National Association 
 277 Park Avenue, 11th Floor 
 New York, NY 10172 
 Attention: Nathan Lulek 
 EDG Corporate
Marketing 
 Telephone No: (212) 622-2262 
 Facsimile No:  (212) 622-8091 
 8. Representations and Warranties of Company 
 The representations and warranties of Company set forth in Section 3 of the Purchase Agreement (the “Purchase Agreement”) dated as of the Trade Date
between Company and J.P. Morgan Securities Inc., as representative of the several Initial Purchasers named therein, are true and correct and are hereby deemed to be repeated to JPMorgan as if set forth herein. Company hereby further represents and
warrants to JPMorgan that: 
  

	 	(a)	Company has all necessary corporate power and authority to execute, deliver and perform its obligations in respect of this Transaction; such execution, delivery and performance have
been duly authorized by all necessary corporate action on Company’s part; and this Confirmation has been duly and validly executed and delivered by Company and constitutes its valid and binding obligation, enforceable against Company in
accordance with its terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and similar laws affecting creditors’ rights and remedies generally, and subject, as to enforceability, to general
principles of equity, including principles of commercial reasonableness, good faith and fair dealing (regardless of whether enforcement is sought in a proceeding at law or in equity) and except that rights to indemnification and contribution
hereunder may be limited by federal or state securities laws or public policy relating thereto. 

  

	 	(b)	 Neither the execution and delivery of this Confirmation nor the incurrence or performance of obligations of Company hereunder will conflict with or result in a
breach of the certificate of 

  

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incorporation or by-laws (or any equivalent documents) of Company, or any applicable law or regulation, or any order, writ, injunction or decree of any court
or governmental authority or agency applicable to the Company, or any material agreement or instrument to which Company or any of its subsidiaries is a party or by which Company or any of its subsidiaries is bound or to which Company or any of its
subsidiaries is subject, or constitute a default under, or result in the creation of any lien under, any such agreement or instrument, or breach or constitute a default under any agreements and contracts of Company and the significant subsidiaries
filed as exhibits to Company’s Annual Report on Form 10-K for the year ended December 31, 2005, as updated by any subsequent filings. 

  

	 	(c)	No consent, approval, authorization, or order of, or filing with, any governmental agency or body or any court is required in connection with the execution, delivery or performance
by Company of this Confirmation, except such as have been obtained or made and such as may be required under the Securities Act of 1933, as amended (the “Securities Act”) or state securities laws. 

  

	 	(d)	The Shares of Company initially issuable upon exercise of the Warrant by the net share settlement method (the “Warrant Shares”) have been reserved for issuance by
all required corporate action of Company. The Warrant Shares have been duly authorized and, when delivered against payment therefor (which may include Net Share Settlement in lieu of cash) and otherwise as contemplated by the terms of the Warrant
following the exercise of the Warrant in accordance with the terms and conditions of the Warrant, will be validly issued, fully-paid and non-assessable, and the issuance of the Warrant Shares will not be subject to any preemptive or similar rights.

  

	 	(e)	Company is an “eligible contract participant” (as such term is defined in Section 1a(12) of the Commodity Exchange Act, as amended (the “CEA”))
because one or more of the following is true: 

 Company is a corporation, partnership, proprietorship, organization, trust or
other entity and: 
  

	 	(A)	Company has total assets in excess of USD 10,000,000; 

  

	 	(B)	the obligations of Company hereunder are guaranteed, or otherwise supported by a letter of credit or keepwell, support or other agreement, by an entity of the type described in
Section 1a(12)(A)(i) through (iv), 1a(12)(A)(v)(I), 1a(12)(A)(vii) or 1a(12)(C) of the CEA; or 

  

	 	(C)	Company has a net worth in excess of USD 1,000,000 and has entered into this Agreement in connection with the conduct of Company’s business or to manage the risk associated
with an asset or liability owned or incurred or reasonably likely to be owned or incurred by Company in the conduct of Company’s business. 

  

	 	(f)	Company and each of its affiliates is not, on the date hereof, in possession of any material non-public information with respect to Company. 

 9. Other Provisions: 
  

	 	(a)	Opinions. Company shall deliver an opinion of counsel, dated as of the Trade Date, to JPMorgan with respect to the matters set forth in Sections 8(a) through
(d) of this Confirmation. 

  

	 	(b)	[Reserved]  

  

	 	(c)	 Repurchase Notices. Company shall, on any day on which Company effects any repurchase of Shares, promptly give JPMorgan a written notice of such
repurchase (a “Repurchase Notice”) on such day if following such repurchase, the number of outstanding Shares on such day, subject to any adjustments provided herein, is (i) less than 52,390,000 (in the case of the first such
notice) or (ii) thereafter more than 1,000,000 less than the number of Shares included in the immediately 

  

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preceding Repurchase Notice. Company agrees to indemnify and hold harmless JPMorgan and its affiliates and their respective officers, directors, employees,
affiliates, advisors, agents and controlling persons (each, an “Indemnified Person”) from and against any and all losses (including losses relating to JPMorgan’s hedging activities as a consequence of becoming, or of the risk
of becoming, a Section 16 “insider”, including without limitation, any forbearance from hedging activities or cessation of hedging activities and any losses in connection therewith with respect to this Transaction), claims, damages,
judgments, liabilities and expenses (including reasonable attorney’s fees), joint or several, which an Indemnified Person actually may become subject to, a result of Company’s failure to provide JPMorgan with a Repurchase Notice on the day
and in the manner specified in this paragraph, and to reimburse, within 30 days, upon written request, each of such Indemnified Persons for any reasonable legal or other expenses incurred in connection with investigating, preparing for, providing
testimony or other evidence in connection with or defending any of the foregoing. If any suit, action, proceeding (including any governmental or regulatory investigation), claim or demand shall be brought or asserted against the Indemnified Person,
such Indemnified Person shall promptly notify Company in writing, and Company, upon request of the Indemnified Person, shall retain counsel reasonably satisfactory to the Indemnified Person to represent the Indemnified Person and any others Company
may designate in such proceeding and shall pay the fees and expenses of such counsel related to such proceeding. Company shall not be liable for any settlement of any proceeding effected without its written consent, but if settled with such consent
or if there be a final judgment for the plaintiff, Company agrees to indemnify any Indemnified Person from and against any loss or liability by reason of such settlement or judgment. Company shall not, without the prior written consent of the
Indemnified Person, effect any settlement of any pending or threatened proceeding in respect of which any Indemnified Person is or could have been a party and indemnity could have been sought hereunder by such Indemnified Person, unless such
settlement includes an unconditional release of such Indemnified Person from all liability on claims that are the subject matter of such proceeding on terms reasonably satisfactory to such Indemnified Person. If the indemnification provided for in
this paragraph is unavailable to an Indemnified Person or insufficient in respect of any losses, claims, damages or liabilities referred to therein, then Company under such paragraph, in lieu of indemnifying such Indemnified Person thereunder, shall
contribute to the amount paid or payable by such Indemnified Person as a result of such losses, claims, damages or liabilities. The remedies provided for in this paragraph are not exclusive and shall not limit any rights or remedies which may
otherwise be available to any Indemnified Person at law or in equity. The indemnity and contribution agreements contained in this paragraph shall remain operative and in full force and effect regardless of the termination of this Transaction.

  

	 	(d)	Regulation M. Company is not on the date hereof engaged in a distribution, as such term is used in Regulation M under the Securities Exchange Act of 1934, as amended
(the “Exchange Act”), of any securities of Company, other than a distribution meeting the requirements of the exception set forth in Rules 101(b)(10) and 102(b)(7) of Regulation M. Company shall not, until the second Scheduled
Trading Day immediately following the Trade Date, engage in any such distribution. 

  

	 	(e)	No Manipulation. Company is not entering into this Transaction to create actual or apparent trading activity in the Shares (or any security convertible into or
exchangeable for the Shares) or to raise or depress or otherwise manipulate the price of the Shares (or any security convertible into or exchangeable for the Shares) or otherwise in violation of the Exchange Act. 

  

	 	(f)	Board Authorization. Company represents that it is entering into the Transaction, solely for the purposes stated in the board resolution authorizing this Transaction
and in its public disclosure. Company further represents that there is no internal policy, whether written or oral, of Company that would prohibit Company from entering into any aspect of this Transaction, including, but not limited to, the issuance
of Shares to be made pursuant hereto. 

  

	 	(g)	 Transfer or Assignment. Company may not transfer any of its rights or obligations under this Transaction without the prior written consent of
JPMorgan. If, as determined in JPMorgan’s sole discretion, (i) its “beneficial ownership” (within the meaning of Section 13 of the Exchange Act and rules promulgated thereunder) could be deemed to exceed 8% of Company’s
outstanding 

  

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Shares or (ii) the quotient of (x) the product of (a) the Number of Warrants and (b) the Warrant Entitlement divided by (y) the
number of Company’s outstanding Shares (such quotient expressed as a percentage, the “Warrant Equity Percentage”) exceeds 15.9%, JPMorgan may, without Company’s consent, transfer or assign all or any part of its rights or
obligations under this Transaction to reduce such “beneficial ownership” to 7.5% or such Warrant Equity Percentage to 15% to any third party with a rating for its long term, unsecured and unsubordinated indebtedness of A- or better by
Standard & Poor’s Ratings Service or its successor (“S&P”), or A3 or better by Moody’s Investors Service (“Moody’s”) or, if either S&P or Moody’s ceases to rate such debt, at
least an equivalent rating or better by a substitute rating agency mutually agreed by Company and JPMorgan. If after JPMorgan’s commercially reasonable efforts, JPMorgan is unable to effect such a transfer or assignment on pricing terms
reasonably acceptable to JPMorgan and within a time period reasonably acceptable to JPMorgan of a sufficient number of Warrants to reduce (i) JPMorgan’s “beneficial ownership” (within the meaning of Section 13 of the
Exchange Act and rules promulgated thereunder) to 7.5% of Company’s outstanding Shares or less or (ii) the Warrant Equity Percentage to 15% or less, JPMorgan may designate any Exchange Business Day as an Early Termination Date with respect
to a portion (the “Terminated Portion”) of this Transaction, such that (i) its “beneficial ownership” following such partial termination will be equal to or less than 7.5% or (ii) the Warrant Equity Percentage
following such partial termination will be equal to or less than 15%. In the event that JPMorgan so designates an Early Termination Date with respect to a portion of this Transaction, a payment shall be made pursuant to Section 6 of the
Agreement as if (i) an Early Termination Date had been designated in respect of a Transaction having terms identical to this Transaction and a Number of Warrants equal to the Terminated Portion, (ii) Company shall be the sole Affected
Party with respect to such partial termination and (iii) such Transaction shall be the only Terminated Transaction (and, for the avoidance of doubt, the provisions of paragraph 9(m) shall apply to any amount that is payable by JPMorgan to
Company pursuant to this sentence). Notwithstanding any other provision in this Confirmation to the contrary requiring or allowing JPMorgan to purchase, sell, receive or deliver any Shares or other securities to or from Company, JPMorgan may
designate any of its affiliates to purchase, sell, receive or deliver such Shares or other securities and otherwise to perform JPMorgan’s obligations in respect of this Transaction and any such designee may assume such obligations. JPMorgan
shall be discharged of its obligations to Company to the extent of any such performance. 

  

	 	(h)	Early Unwind. In the event the sale of the 2.625% Convertible Senior Notes due August 15, 2011 is not consummated with the initial purchasers for any reason by
the close of business in New York on August 23, 2006 (or such later date as agreed upon by the parties) (August 23, 2006 or such later date, if any, as agreed upon being the “Early Unwind Date”), this Transaction shall
automatically terminate (the “Early Unwind”), on the Early Unwind Date and (i) the Transaction and all of the respective rights and obligations of JPMorgan and Company under the Transaction shall be cancelled and terminated and
(ii) each party shall be released and discharged by the other party from and agrees not to make any claim against the other party with respect to any obligations or liabilities of the other party arising out of and to be performed in connection
with the Transaction either prior to or after the Early Unwind Date; provided that Company shall purchase from JPMorgan on the Early Unwind Date all Shares purchased by JPMorgan or one or more of its affiliates and shall, notwithstanding
anything to the contrary in the Equity Definitions, reimburse JPMorgan for any costs or expenses (including market losses) relating to the unwinding of its hedging activities in connection with the Transaction (including any loss or cost incurred as
a result of its terminating, liquidating, obtaining or reestablishing any hedge or related trading position). The amount of any such reimbursement shall be determined by JPMorgan in its sole good faith discretion. JPMorgan shall notify Company of
such amount and Company shall pay such amount in immediately available funds on the Early Unwind Date. JPMorgan and Company represent and acknowledge to the other that, subject to the proviso included in this Section, upon an Early Unwind, all
obligations with respect to the Transaction shall be deemed fully and finally discharged. 

  

	 	(i)	 Dividends. If at any time during the period from and including the Trade Date, to but excluding the final Expiration Date, an ex-dividend date for a
cash dividend occurs with respect to the Shares 

  

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(an “Ex-Dividend Date”), and that dividend is greater than the Regular Dividend on a per Share basis then the Calculation Agent will adjust
the Strike Price to preserve the fair value of the Warrant to JPMorgan after taking into account such dividend. “Regular Dividend” shall mean USD 0 per Share per quarter. 

  

	 	(j)	Role of Agent. Each party agrees and acknowledges that (i) J.P. Morgan Securities Inc., an affiliate of JPMorgan (“JPMSI”), has acted solely
as agent and not as principal with respect to this Transaction and (ii) JPMSI has no obligation or liability, by way of guaranty, endorsement or otherwise, in any manner in respect of this Transaction (including, if applicable, in respect of
the settlement thereof). Each party agrees it will look solely to the other party (or any guarantor in respect thereof) for performance of such other party’s obligations under this Transaction. 

  

	 	(k)	Additional Provisions. 

  

	 	(i)	Amendments to the Equity Definitions: 

 (A)
Section 11.2(a) of the Equity Definitions is hereby amended by deleting the words “diluting or concentrative” and replacing them with the words “material”. 
 (B) Section 11.2(c) of the Equity Definitions is hereby amended by (x) deleting the words “diluting or concentrative” and
(y) deleting the phrase “(provided that no adjustments will be made to account solely for changes in volatility, expected dividends, stock loan rate or liquidity relative to the relevant Shares)” and replacing it with the phrase
“(and, for the avoidance of doubt, adjustments may be made to account solely for changes in volatility, expected dividends, stock loan rate or liquidity relative to the relevant Shares).” 
 (C) Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “diluting or concentrative” and replacing them
with the word “material”; and adding the phrase “or Warrants” at the end of the sentence. 
 (D) Section 12.6(a)(ii)
of the Equity Definitions is hereby amended by (1) deleting from the fourth line thereof the word “or” after the word “official” and inserting a comma therefor, and (2) deleting the semi-colon at the end of subsection
(B) thereof and inserting the following words therefor “or (C) at JPMorgan’s option, the occurrence of any of the events specified in Section 5(a)(vii) (1) through (9) of the ISDA Master Agreement with respect to
that Issuer.” 
 (E) Section 12.9(b)(iv) of the Equity Definitions is hereby amended by: 
 (x) deleting (1) subsection (A) in its entirety, (2) the phrase “or (B)” following subsection (A) and (3) the phrase
“in each case” in subsection (B); and 
 (y) deleting the phrase “neither the Non-Hedging Party nor the Lending Party lends
Shares in the amount of the Hedging Shares or” in the penultimate sentence. 
 (F) Section 12.9(b)(v) of the Equity
Definitions is hereby amended by: 
 (x) adding the word “or” immediately before subsection “(B)” and deleting the comma
at the end of subsection (A); 
 (y) (1) deleting subsection (C) in its entirety, (2) deleting the word “or”
immediately preceding subsection (C) and (3) deleting the final sentence in its entirety and replacing it with the sentence “The Hedging Party will determine the Cancellation Amount payable by one party to the other.” 

(ii) Notwithstanding anything to the contrary in this Confirmation, upon the occurrence of one of the following events, with respect to this
Transaction, (1) JPMorgan shall have the right to 

  

 11 

 

 
  
 
designate such event an Additional Termination Event and designate and Early Termination Date pursuant to Section 6(b) of the Agreement, and
(2) Company shall be deemed the sole Affected Party and the Transaction shall be deemed the sole Affected Transaction: 
 (A) Company
sells all or substantially all of the consolidated assets of the Company and its subsidiaries, taken as a whole, in a transaction pursuant to which the Shares are converted into cash, securities or other property. 
 (B) There is a default by Company or any subsidiary in the payment of the principal or interest on any mortgage, agreement or other instrument under
which there may be outstanding, or by which there may be secured or evidenced any indebtedness for money borrowed in excess of $15 million in the aggregate of Company and/or any subsidiary, whether such indebtedness now exists or shall hereafter be
created resulting in such indebtedness becoming or being declared due and payable. 
 (C) If (i) the directors of Company at
August 17, 2006 or (ii) directors who become members of the board of directors of Company subsequent to that date and whose election, appointment or nomination for election by Company stockholders, is duly approved by a majority of the
continuing directors on Company board of directors at the time of such approval, either by a specific vote or by approval of the proxy statement issued by Company in which such individual is named as nominee for director, cease to constitute at
least a majority of Company’s board of directors. 
 (D) Any “person” or “group” within the meaning of
Section 13(d) of the Exchange Act other than the Company, any of its subsidiaries or its employee benefit plans, files a Schedule TO or any schedule, form or report under the Exchange Act disclosing that such person or group has become the
direct or indirect ultimate “beneficial owner”, as defined in Rule 13d-3 under the Exchange Act, of the common equity of the Company representing more than 50% of the voting power of such common equity. 
 (E) JPMorgan, despite using commercially reasonable efforts, is unable or reasonably determines that it is impractical or illegal, to hedge its
obligations pursuant to this Transaction in the public market without registration under the Securities Act or as a result of any legal, regulatory or self-regulatory requirements or related policies and procedures (whether or not such requirements,
policies or procedures are imposed by law or have been voluntarily adopted by JPMorgan). 
  

	 	(l)	No Collateral or Setoff. Notwithstanding any provision of the Agreement or any other agreement between the parties to the contrary, the obligations of Company
hereunder are not secured by any collateral. Obligations under this Transaction shall not be set off by Company against any other obligations of the parties, whether arising under the Agreement, this Confirmation, under any other agreement between
the parties hereto, by operation of law or otherwise. Any provision in the Agreement with respect to the satisfaction of Company’s payment obligations to the extent of JPMorgan’s payment obligations to Company in the same currency and in
the same Transaction (including, without limitation Section 2(c) thereof) shall not apply to Company and, for the avoidance of doubt, Company shall fully satisfy such payment obligations notwithstanding any payment obligation to Company by
JPMorgan in the same currency and in the same Transaction. In calculating any amounts under Section 6(e) of the Agreement, notwithstanding anything to the contrary in the Agreement, (1) separate amounts shall be calculated as set forth in
such Section 6(e) with respect to (a) this Transaction and (b) all other Transactions, and (2) such separate amounts shall be payable pursuant to Section 6(d)(ii) of the Agreement. 

  

	 	(m)	 Alternative Calculations and Payment on Early Termination and on Certain Extraordinary Events. If, in respect of this Transaction, an amount is
payable by Company to JPMorgan, (i) pursuant to Section 12.7 or Section 12.9 of the Equity Definitions (except in the event of an Insolvency, Nationalization, Tender Offer or Merger Event in which the consideration or proceeds to be
paid to holders of shares consists solely of cash) or (ii) pursuant to Section 6(d)(ii) of the 

  

 12 

 

 
  

	 	 
Agreement (except in the event of an Event of Default in which Company is the Defaulting Party or a Termination Event in which Company is the Affected Party,
other than an Event of Default of the type described in (x) Section 5(a)(iii), (v), (vi), (vii) or (viii) of the Agreement or (y) a Termination Event of the type described in Section 5(b)(i), (ii), (iii), (iv),
(v) or (vi) of the Agreement, in the case of both (x) and (y), resulting from an event or events outside Company’s control) (a “Payment Obligation”), Company shall have the right, in its sole discretion, to
satisfy any such Payment Obligation by the Share Termination Alternative (as defined below) by giving irrevocable telephonic notice to JPMorgan, confirmed in writing within one Scheduled Trading Day, no later than 12:00 p.m. New York local time on
the Merger Date, Tender Offer Date, Announcement Date (in the case of a Nationalization, Insolvency or Delisting), Early Termination Date or date of cancellation, as applicable; provided that if Company does not validly elect to satisfy its
Payment Obligation by the Share Termination Alternative, JPMorgan shall have the right to require Company to satisfy its Payment Obligation by the Share Termination Alternative. Notwithstanding the foregoing, Company’s or JPMorgan’s right
to elect satisfaction of a Payment Obligation in the Share Termination Alternative as set forth in this clause shall only apply to Transactions under this Confirmation and, notwithstanding anything to the contrary in the Agreement, (1) separate
amounts shall be calculated with respect to (a) Transactions hereunder and (b) all other Transactions under the Agreement, and (2) such separate amounts shall be payable pursuant to Section 6(d)(ii) of the Agreement, subject to,
in the case of clause (a), Company’s Share Termination Alternative right hereunder. 

  

			
	Share Termination Alternative:	  	If applicable, Company shall deliver to JPMorgan the Share Termination Delivery Property on the date (the “Share Termination Payment Date”) on which the Payment Obligation
would otherwise be due pursuant to Section 12.7 or Section 12.9 of the Equity Definitions, subject to paragraph (n)(i) below, in satisfaction, subject to paragraph (n)(ii) below, of the Payment Obligation in the manner reasonably requested by
JPMorgan free of payment.
		
	Share Termination Delivery Property:	  	A number of Share Termination Delivery Units, as calculated by the Calculation Agent, equal to the Payment Obligation divided by the Share Termination Unit Price. The Calculation Agent shall
adjust the amount of Share Termination Delivery Property by replacing any fractional portion of a security therein with an amount of cash equal to the value of such fractional security based on the values used to calculate the Share Termination Unit
Price.
		
	Share Termination Unit Price:	  	The value to JPMorgan of property contained in one Share Termination Delivery Unit on the date such Share Termination Delivery Units are to be delivered as Share Termination Delivery
Property, as determined by the Calculation Agent in its discretion by commercially reasonable means. The Calculation Agent shall notify Company of such Share Termination Unit Price at the time of notification of the Payment Obligation. In the case
of a Private Placement of Share Termination Delivery Units that are Restricted Shares (as defined below), as set forth in paragraph (n)(i) below, the Share Termination Unit Price shall be determined by the discounted price applicable to such Share
Termination Delivery Units. In the case of a Registered Settlement of Share

  

 13 

 

 
  

			
		  	Termination Delivery Units that are Restricted Shares (as defined below) as set forth in paragraph (n)(ii) below, the Share Termination Unit Price shall be the Settlement Price on the Merger
Date, the Announcement Date (in the case of a Nationalization, Insolvency or Delisting) or the Early Termination Date, as applicable.
		
	Share Termination Delivery Unit:	  	In the case of a Termination Event, Event of Default or Delisting, one Share or, in the case of Nationalization, Insolvency, Tender Offer or Merger Event, a unit consisting of the number or
amount of each type of property received by a holder of one Share (without consideration of any requirement to pay cash or other consideration in lieu of fractional amounts of any securities) in such Nationalization, Insolvency, Tender Offer or
Merger Event. If such Nationalization, Insolvency, Tender Offer or Merger Event involves a choice of consideration to be received by holders, such holder shall be deemed to have elected to receive the maximum possible amount of
cash.
		
	Failure to Deliver:	  	Inapplicable
		
	Other applicable provisions:	  	If Share Termination Alternative is applicable, the provisions of Sections 9.8, 9.9, 9.11, 9.12 and 10.5 (as modified above) of the Equity Definitions will be applicable, except that all
references in such provisions to “Physically-Settled” shall be read as references to “Share Termination Settled” and all references to “Shares” shall be read as references to “Share Termination Delivery
Units”. “Share Termination Settled” in relation to this Transaction means that Share Termination Alternative is applicable to this Transaction.

  

	 	(n)	 Registration/Private Placement Procedures. If, in the reasonable opinion of JPMorgan, following any delivery of Shares or Share Termination Delivery
Property to JPMorgan hereunder, such Shares or Share Termination Delivery Property would be in the hands of JPMorgan subject to any applicable restrictions with respect to any registration or qualification requirement or prospectus delivery
requirement for such Shares or Share Termination Delivery Property pursuant to any applicable federal or state securities law (including, without limitation, any such requirement arising under Section 5 of the Securities Act as a result of such
Shares or Share Termination Delivery Property being “restricted securities”, as such term is defined in Rule 144 under the Securities Act, or as a result of the sale of such Shares or Share Termination Delivery Property being subject to
paragraph (c) of Rule 145 under the Securities Act) (such Shares or Share Termination Delivery Property, “Restricted Shares”), then delivery of such Restricted Shares shall be effected pursuant to either clause (i) or
(ii) below at the election of Company, unless JPMorgan waives the need for registration/private placement procedures set forth in (i) and (ii) below. Notwithstanding the foregoing, solely in respect of any Daily Number of Warrants
exercised or deemed exercised on any Expiration Date, Company shall elect, prior to the first Settlement Date for the first Expiration Date, a Private Placement Settlement or Registered Settlement for all deliveries of Restricted Shares for all such
Expiration Dates which election shall be applicable to all Settlement Dates for such Warrants and the procedures in clause (i) or clause (ii) below shall apply for all such delivered Restricted Shares on an aggregate basis commencing

  

 14 

 

 
  

	 	 
after the final Settlement Date for such Warrants. The Calculation Agent shall make reasonable adjustments to settlement terms and provisions under this
Confirmation to reflect a single Private Placement or Registered Settlement for such aggregate Restricted Shares delivered hereunder. 

  

	 	(i)	If Company elects to settle the Transaction pursuant to this clause (i) (a “Private Placement Settlement”), then delivery of Restricted Shares by Company shall
be effected in customary private placement procedures with respect to such Restricted Shares reasonably acceptable to JPMorgan; provided that Company may not elect a Private Placement Settlement if, on the date of its election, it has taken,
or caused to be taken, any action that would make unavailable either the exemption pursuant to Section 4(2) of the Securities Act for the sale by Company to JPMorgan (or any affiliate designated by JPMorgan) of the Restricted Shares or the
exemption pursuant to Section 4(1) or Section 4(3) of the Securities Act for resales of the Restricted Shares by JPMorgan (or any such affiliate of JPMorgan). The Private Placement Settlement of such Restricted Shares shall include
customary representations, covenants, blue sky and other governmental filings and/or registrations, indemnities to JPMorgan, due diligence rights (for JPMorgan or any designated buyer of the Restricted Shares by JPMorgan), opinions and certificates,
and such other documentation as is customary for private placement agreements, all reasonably acceptable to JPMorgan. In the case of a Private Placement Settlement, JPMorgan shall determine the appropriate discount to the Share Termination Unit
Price (in the case of settlement of Share Termination Delivery Units pursuant to paragraph (m) above) or any Settlement Price (in the case of settlement of Shares pursuant to Section 2 above) applicable to such Restricted Shares in a
commercially reasonable manner and appropriately adjust the number of such Restricted Shares to be delivered to JPMorgan hereunder; provided that in no event shall such number be greater than 40,000,000 (the “Maximum
Amount”). Notwithstanding the Agreement or this Confirmation, the date of delivery of such Restricted Shares shall be the Exchange Business Day following notice by JPMorgan to Company, of such applicable discount and the number of
Restricted Shares to be delivered pursuant to this clause (i). For the avoidance of doubt, delivery of Restricted Shares shall be due as set forth in the previous sentence and not be due on the Share Termination Payment Date (in the case of
settlement of Share Termination Delivery Units pursuant to paragraph (m) above) or on the Settlement Date for such Restricted Shares (in the case of settlement in Shares pursuant to Section 2 above). 

 In the event Company shall not have delivered the full number of Restricted Shares otherwise applicable as a result of the proviso above relating to the
Maximum Amount (such deficit, the “Deficit Restricted Shares”), Company shall be continually obligated to deliver, from time to time until the full number of Deficit Restricted Shares have been delivered pursuant to this paragraph,
Restricted Shares when, and to the extent, that (i) Shares are repurchased, acquired or otherwise received by Company or any of its subsidiaries after the Trade Date (whether or not in exchange for cash, fair value or any other consideration),
(ii) authorized any unissued Shares reserved for issuance in respect of other transactions prior to such date which prior to the relevant date become no longer so reserved and (iii) Company additionally authorizes and unissued Shares that
are not reserved for other transactions. Company shall immediately notify JPMorgan of the occurrence of any of the foregoing events (including the number of Shares subject to clause (i), (ii) or (iii) and the corresponding number of
Restricted Shares to be delivered) and promptly deliver such Restricted Shares thereafter. 
 In the event of a Private Placement, the Net
Share Settlement Amount or the Payment Obligation, respectively, shall be deemed to be the Net Share Settlement Amount or the Payment Obligation, respectively, plus an additional amount (determined from time to time by the Calculation Agent in its
commercially reasonable judgment) attributable to interest that would be earned on such Net Share Settlement Amount or the Payment Obligation, respectively, (increased on a daily basis to reflect the accrual of such interest and reduced from time to
time by the amount of net proceeds received by JPMorgan as 

  

 15 

 

 
  
 
provided herein) at a rate equal to the open Federal Funds Rate plus the Spread for the period from, and including, such Settlement Date or the date on which
the Payment Obligation is due, respectively, to, but excluding, the related date on which all the Restricted Shares have been sold and calculated on an Actual/360 basis. The foregoing provision shall be without prejudice to JPMorgan’s rights
under the Agreement (including, without limitation, Sections 5 and 6 thereof). 
 As used in this Section, “Spread” means,
with respect to any Net Share Settlement Amount or Payment Obligation, respectively, the credit spread over the applicable overnight rate that would be imposed if JPMorgan were to extend credit to Company in an amount equal to such Net Share
Settlement Amount, all as determined by the Calculation Agent using its commercially reasonable judgment as of the related Settlement Date or the date on which the Payment Obligation is due, respectively. Commercial reasonableness shall take into
consideration all factors deemed relevant by the Calculation Agent, which are expected to include, among other things, the credit quality of Company (and any relevant affiliates) in the then-prevailing market and the credit spread of similar
companies in the relevant industry and other companies having a substantially similar credit quality. 
  

	 	(ii)	 If Company elects to settle the Transaction pursuant to this clause (ii) (a “Registration Settlement”), then Company shall promptly (but in
any event no later than the beginning of the Resale Period) file and use its reasonable best efforts to make effective under the Securities Act a registration statement or supplement or amend an outstanding registration statement in form and
substance reasonably satisfactory to JPMorgan, to cover the resale of such Restricted Shares in accordance with customary resale registration procedures, including covenants, conditions, representations, underwriting discounts (if applicable),
commissions (if applicable), indemnities due diligence rights, opinions and certificates, and such other documentation as is customary for equity resale underwriting agreements, all reasonably acceptable to JPMorgan. If JPMorgan, in its sole
reasonable discretion, is not satisfied with such procedures and documentation Private Placement Settlement shall apply. If JPMorgan is satisfied with such procedures and documentation, it shall sell the Restricted Shares pursuant to such
registration statement during a period (the “Resale Period”) commencing on the Exchange Business Day following delivery of such Restricted Shares (which, for the avoidance of doubt, shall be (x) any Settlement Date in the case
of an exercise of Warrants prior to the first Expiration Date pursuant to Section 2 above, (y) the Share Termination Payment Date in case of settlement in Share Termination Delivery Units pursuant to paragraph (m) above or
(z) the Settlement Date in respect of the final Expiration Date for all Daily Number of Warrants) and ending on the earliest of (i) the Exchange Business Day on which JPMorgan completes the sale of all Restricted Shares or, in the case of
settlement of Share Termination Delivery Units, a sufficient number of Restricted Shares so that the realized net proceeds of such sales exceed the Payment Obligation (as defined above), (ii) the date upon which all Restricted Shares have been
sold or transferred pursuant to Rule 144 (or similar provisions then in force) or Rule 145(d)(1) or (2) (or any similar provision then in force) under the Securities Act and (iii) the date upon which all Restricted Shares may be sold or
transferred by a non-affiliate pursuant to Rule 144(k) (or any similar provision then in force) or Rule 145(d)(3) (or any similar provision then in force) under the Securities Act. If the Payment Obligation exceeds the realized net proceeds from
such resale, Company shall transfer to JPMorgan by the open of the regular trading session on the Exchange on the Exchange Trading Day immediately following the last day of the Resale Period the amount of such excess (the “Additional
Amount”) in cash or in a number of Shares (“Make-whole Shares”) in an amount that, based on the Settlement Price on the last day of the Resale Period (as if such day was the “Valuation Date” for purposes of
computing such Settlement Price), has a dollar value equal to the Additional Amount. The Resale Period shall continue to enable the sale of the Make-whole Shares. If Company elects to pay the Additional Amount in Shares, the 

  

 16 

 

 
  

	 	 
requirements and provisions for Registration Settlement shall apply. This provision shall be applied successively until the Additional Amount is equal to
zero. In no event shall Company deliver a number of Restricted Shares greater than the Maximum Amount. 

  

	 	(iii)	Without limiting the generality of the foregoing, Company agrees that any Restricted Shares delivered to JPMorgan, as purchaser of such Restricted Shares, (i) may be
transferred by and among JPMorgan and its affiliates and Company shall effect such transfer without any further action by JPMorgan and (ii) after the minimum “holding period” within the meaning of Rule 144(d) under the Securities Act
has elapsed after any Settlement Date for such Restricted Shares, Company shall promptly remove, or cause the transfer agent for such Restricted Shares to remove, any legends referring to any such restrictions or requirements from such Restricted
Shares upon delivery by JPMorgan (or such affiliate of JPMorgan) to Company or such transfer agent of seller’s and broker’s representation letters customarily delivered by JPMorgan in connection with resales of restricted securities
pursuant to Rule 144 under the Securities Act, without any further requirement for the delivery of any certificate, consent, agreement, opinion of counsel, notice or any other document, any transfer tax stamps or payment of any other amount or any
other action by JPMorgan (or such affiliate of JPMorgan). 

 If the Private Placement Settlement or the Registration Settlement
shall not be effected as set forth in clauses (i) or (ii), as applicable, then failure to effect such Private Placement Settlement or such Registration Settlement shall constitute an Event of Default with respect to which Company shall be the
Defaulting Party. 
  

	 	(o)	Limit on Beneficial Ownership. Notwithstanding any other provisions hereof, JPMorgan may not exercise any Warrant hereunder, and Automatic Exercise shall not apply
with respect thereto, to the extent (but only to the extent) that, after such receipt, JPMorgan Chase & Co. would directly or indirectly beneficially own (as such term is defined for purposes of Section 13(d) of the Exchange Act) in
excess of 8.0% of the outstanding Shares. Any purported delivery hereunder shall be void and have no effect to the extent (but only to the extent) that, after such delivery, JPMorgan Chase & Co. would directly or indirectly so beneficially
own in excess of 8.0% of the outstanding Shares. If any delivery owed to JPMorgan hereunder is not made, in whole or in part, as a result of this provision, Company’s obligation to make such delivery shall not be extinguished and Company shall
make such delivery as promptly as practicable after, but in no event later than one Business Day after, JPMorgan gives notice to Company that, after such delivery, JPMorgan Chase & Co. would not directly or indirectly so beneficially own in
excess of 8.0% of the outstanding Shares. 

  

	 	(p)	 Share Deliveries. Company acknowledges and agrees that, to the extent the holder of this Warrant is not then an affiliate and has not been an
affiliate for 90 days (it being understood that JPMorgan will not be considered an affiliate under this paragraph solely by reason of its receipt of Shares pursuant to this Transaction), and otherwise satisfies all holding period and other
requirements of Rule 144 of the Securities Act applicable to it, any delivery of Shares or Share Termination Property hereunder at any time after 2 years from the Trade Date shall be eligible for resale under Rule 144(k) of the Securities Act and
Company agrees to promptly remove, or cause the transfer agent for such Shares or Share Termination Property, to remove, any legends referring to any restrictions on resale under the Securities Act from the Shares or Share Termination Property.
Company further agrees, for any delivery of Shares or Share Termination Property hereunder at any time after 1 year from the Trade Date but within 2 years of the Trade Date, to the to the extent the holder of this Warrant then satisfies the holding
period and other requirements of Rule 144 of the Securities Act, to promptly remove, or cause the transfer agent for such Restricted Share to remove, any legends referring to any such restrictions or requirements from such Restricted Shares. Such
Restricted Shares will be de-legended upon delivery by JPMorgan (or such affiliate of JPMorgan) to Company or such transfer agent of customary seller’s and broker’s representation letters in connection with resales of restricted securities
pursuant to Rule 144 of the Securities Act, without any further requirement for the delivery of any certificate, consent, agreement, opinion of counsel, notice or any other document, any transfer tax stamps or payment of any other amount or 

  

 17 

 

 
  

	 	 
any other action by JPMorgan (or such affiliate of JPMorgan). Company further agrees that any delivery of Shares or Share Termination Delivery Property prior
to the date that is 1 year from the Trade Date, may be transferred by and among JPMorgan and its affiliates and Company shall effect such transfer without any further action by JPMorgan. Notwithstanding anything to the contrary herein, Company
agrees that any delivery of Shares or Share Termination Delivery Property shall be effected by book-entry transfer through the facilities of DTC, or any successor depositary, if at the time of delivery, such class of Shares or class of Share
Termination Delivery Property is in book-entry form at DTC or such successor depositary. Notwithstanding anything to the contrary herein, to the extent the provisions of Rule 144 of the Securities Act or any successor rule are amended, or the
applicable interpretation thereof by the Securities and Exchange Commission or any court change after the Trade Date, the agreements of Company herein shall be deemed modified to the extent necessary, in the opinion of outside counsel of Company, to
comply with Rule 144 of the Securities Act, including Rule 144(k) as in effect at the time of delivery of the relevant Shares or Share Termination Property. 

  

	 	(q)	Governing Law. New York law (without reference to choice of law doctrine). 

  

	 	(r)	Waiver of Jury Trial. Each party waives, to the fullest extent permitted by applicable law, any right it may have to a trial by jury in respect of any suit, action or
proceeding relating to this Transaction. Each party (i) certifies that no representative, agent or attorney of the other party has represented, expressly or otherwise, that such other party would not, in the event of such a suit, action or
proceeding, seek to enforce the foregoing waiver and (ii) acknowledges that it and the other party have been induced to enter into this Transaction, as applicable, by, among other things, the mutual waivers and certifications provided herein.

  

	 	(s)	Tax Disclosure. Effective from the date of commencement of discussions concerning the Transaction, Company and each of its employees, representatives, or other agents
may disclose to any and all persons, without limitation of any kind, the tax treatment and tax structure of the Transaction and all materials of any kind (including opinions or other tax analyses) that are provided to Company relating to such tax
treatment and tax structure. 

  

	 	(t)	Maximum Share Delivery. Notwithstanding any other provision of this Confirmation or the Agreement, in no event will Company be required to deliver more than the
Maximum Amount of Shares in the aggregate to JPMorgan in connection with this Transaction, subject to the provisions regarding Deficit Restricted Shares 

  

	 	(u)	Status of Claims in Bankruptcy. JPMorgan acknowledges and agrees that this Confirmation is not intended to convey to JPMorgan rights with respect to the Transaction
that are senior to the claims of common stockholders in any U.S. bankruptcy proceedings of Company; provided that nothing herein shall limit or shall be deemed to limit JPMorgan’s right to pursue remedies in the event of a breach by
Company of its obligations and agreements with respect to the Transaction; provided, further, that nothing herein shall limit or shall be deemed to limit JPMorgan’s rights in respect of any transactions other than the Transaction.

  

	 	(v)	Securities Contract; Swap Agreement. The parties hereto agree and acknowledge that JPMorgan is a “financial institution,” “swap participant” and
“financial participant” within the meaning of Sections 101(22), 101(53C) and 101(22A) of Title 11 of the United States Code (the “Bankruptcy Code”). The parties hereto further agree and acknowledge (A) that this
Confirmation is (i) a “securities contract,” as such term is defined in Section 741(7) of the Bankruptcy Code, with respect to which each payment and delivery hereunder is a “settlement payment,” as such term is defined
in Section 741(8) of the Bankruptcy Code, and (ii) a “swap agreement,” as such term is defined in Section 101(53B) of the Bankruptcy Code, with respect to which each payment and delivery hereunder is a “transfer,”
as such term is defined in Section 101(54) of the Bankruptcy Code, and (B) that JPMorgan is entitled to the protections afforded by, among other sections, Section 362(b)(6), 362(b)(17), 546(e), 546(g), 555 and 560 of the Bankruptcy
Code. 

  

 18 

 

 
  
 Please confirm that the
foregoing correctly sets forth the terms of our agreement by executing this Confirmation and returning it to EDG Confirmation Group, J.P. Morgan Securities Inc., 277 Park Avenue, 11th Floor, New York, NY 10172-3401, or by fax on 212 622 8519.

 Very truly yours, 
  

			
	J.P. Morgan Securities Inc., as agent for JPMorgan Chase Bank, National Association
		
	By:	 	  

		 	Authorized Signatory
	Name:	 	

  

			
	 Accepted and confirmed
 as of the Trade Date:

	
	Macrovision Corporation
		
	By:	 	  

		 	Authorized Signatory
	Name:	 	

 JPMorgan Chase Bank, National Association 
 Organised under the laws of the United States as a National Banking Association. 
 Main Office 1111 Polaris Parkway, Columbus, Ohio 43271 
 Registered as a branch
in England & Wales branch No. BR000746. Registered 
 Branch Office 125 London Wall, London EC2Y 5AJ 
 Authorised and regulated by the Financial Services AuthorityPurchase Agreement

 Exhibit 10.1 
 $100,000,000 
 MACROVISION SOLUTIONS CORPORATION 
 MACROVISION CORPORATION 
 11% Senior Notes due 2013 
 Purchase Agreement 
 April 29, 2008

 J.P. Morgan Securities Inc. 
 As
Representative of the 
 several Initial Purchasers listed 
 in Schedule 1 hereto 
 c/o J.P. Morgan Securities Inc. 
 270 Park Avenue 
 New York, New York 10017 
 Ladies and Gentlemen: 
 Macrovision Solutions Corporation, a Delaware corporation (the “Company”),
and Macrovision Corporation, a Delaware corporation (“Macrovision” and, together with the Company, the “Issuers”), propose to issue and sell to the several initial purchasers listed in Schedule 1 hereto (the “Initial
Purchasers”), for whom you are acting as representative (the “Representative”), $100,000,000 principal amount of their 11% Senior Notes due 2013 (the “Securities”). The Securities will be issued pursuant to an Indenture to
be dated as of May 2, 2008 (the “Indenture”) among the Issuers, the guarantors listed on Schedules 2 and 3 hereto (the “Guarantors”) and The Bank of New York Trust Company, N.A., as trustee (the “Trustee”), and
will be guaranteed on an unsecured senior basis by each of the Guarantors (the “Guarantees”). Upon consummation of the acquisition of Gemstar-TV Guide International Inc. (“Gemstar”) by the Company (the “Acquisition”),
the Guarantors listed on Schedule 2 hereto (the “Gemstar Guarantors”) will execute a joinder agreement (the “Joinder Agreement”) pursuant to which the Gemstar Guarantors will become parties hereto. The representations, warranties
and agreements of the Gemstar Guarantors shall not become effective until the consummation of the Acquisition, at which time such representations, warranties and agreements shall become effective as of the date hereof pursuant to the terms of the
Joinder Agreement. 
 The Securities will be sold to the Initial Purchasers without being registered under the Securities Act of 1933, as
amended (the “Securities Act”), in reliance upon an exemption therefrom. The Issuers and the Guarantors have prepared a preliminary offering memorandum dated April 17, 2008 (the “Preliminary Offering Memorandum”) and will
prepare an offering memorandum dated the date hereof (the “Offering Memorandum”) setting forth information 

 
concerning the Issuers, the Guarantors and the Securities. Copies of the Preliminary Offering Memorandum and copies of the Offering Memorandum have been,
delivered by the Issuers to the Initial Purchasers pursuant to the terms of this Agreement. The Issuers hereby confirm that they have authorized the use of the Preliminary Offering Memorandum and the Offering Memorandum in connection with the
offering and resale of the Securities by the Initial Purchasers in the manner contemplated by this Agreement. Capitalized terms used but not defined herein shall have the meanings given to such terms in the Offering Memorandum and references thereto
shall be deemed to refer to and include any document (or portion thereof) incorporated by reference therein. 
 At or prior to the time when
sales of the Securities were first made (the “Time of Sale”), the Offering Memorandum shall have been prepared. 
 The Issuers
hereby confirm their agreement with the several Initial Purchasers concerning the purchase and resale of the Securities, as follows: 
 1.
Purchase and Resale of the Securities. 
 (a) On the basis of the representations, warranties and agreements set forth herein and
subject to the conditions set forth herein, the Issuers agree to issue and sell the Securities to the several Initial Purchasers as provided in this Agreement, and each Initial Purchaser agrees, severally and not jointly, to purchase from the
Issuers the respective principal amount of Securities set forth opposite such Initial Purchaser’s name in Schedule 1 hereto at a price equal to 97.25% of the principal amount thereof plus accrued interest, if any, from May 2, 2008 to the
Closing Date. The Issuers will not be obligated to deliver any of the Securities except upon payment for all the Securities to be purchased as provided herein. 
 (b) The Initial Purchasers hereby advise the Issuers that they intend to offer the Securities for resale on the terms set forth herein and in the Offering Memorandum. Each Initial Purchaser, severally and not jointly,
represents, warrants and agrees with the Issuers and the Initial Guarantors (as hereinafter defined) and, on the Closing Date after the execution and delivery of the Joinder Agreement, the Gemstar Guarantors, that: 
 (i) it is a qualified institutional buyer within the meaning of Rule 144A under the Securities Act (a “QIB”) and an accredited
investor within the meaning of Rule 501(a) under the Securities Act; 
 (ii) it has not solicited offers for, or offered or
sold, and will not solicit offers for, or offer or sell, the Securities by means of any form of general solicitation or general advertising within the meaning of Rule 502(c) of Regulation D under the Securities Act (“Regulation D”) or in
any manner involving a public offering within the meaning of Section 4(2) of the Securities Act; and 
 (iii) it has not
solicited offers for, or offered or sold, and will not solicit offers for, or offer or sell, the Securities as part of their initial offering except: 
 (A) within the United States to persons whom it reasonably believes to be QIBs in transactions pursuant to Rule 144A under the Securities Act (“Rule 144A”) and in connection with each such sale, it has taken
or will take reasonable steps to ensure that the purchaser of the Securities is aware that such sale is being made in reliance on Rule 144A; or 
  

 -2- 

 (B) outside the United States in accordance with the restrictions set forth in Annex A
hereto. 
 (c) Each Initial Purchaser acknowledges and agrees that the Issuers and, for purposes of the “no registration” opinions
to be delivered to the Initial Purchasers pursuant to Sections 6(f) and 6(g), counsel for the Issuers and counsel for the Initial Purchasers, respectively, may rely upon the accuracy of the representations and warranties of the Initial Purchasers,
and compliance by the Initial Purchasers with their agreements, contained in paragraph (b) above (including Annex A hereto), and each Initial Purchaser hereby consents to such reliance. 
 (d) The Issuers acknowledge and agree that the Initial Purchasers may offer and sell Securities to or through any affiliate of an Initial Purchaser and
that any such affiliate may offer and sell Securities purchased by it to or through any Initial Purchaser. 
 (e) The Issuers and the
Guarantors acknowledge and agree that the Initial Purchasers are acting solely in the capacity of an arm’s length contractual counterparty to the Issuers and the Guarantors with respect to the offering of Securities contemplated hereby
(including in connection with determining the terms of the offering) and not as financial advisors or fiduciaries to, or agents of, the Issuers, the Guarantors or any other person. Additionally, neither the Representative nor any other Initial
Purchaser is advising the Issuers, the Guarantors or any other person as to any legal, tax, investment, accounting or regulatory matters in any jurisdiction. The Issuers and the Guarantors shall consult with their own advisors concerning such
matters and shall be responsible for making their own independent investigation and appraisal of the transactions contemplated hereby, and neither the Representative nor any other Initial Purchaser shall have any responsibility or liability to the
Issuers or the Guarantors with respect thereto. Any review by the Representative or any Initial Purchaser of the Issuers, the Guarantors and the transactions contemplated hereby or other matters relating to such transactions will be performed solely
for the benefit of the Representative or such Initial Purchaser, as the case may be, and shall not be on behalf of the Issuers, the Guarantors or any other person. 
 2. Payment and Delivery. 
 (a) Payment for and delivery of the Securities will be made at the offices
of Heller Ehrman LLP at 10:00 A.M., New York City time, on May 2, 2008, or at such other time or place on the same or such other date, not later than the fifth business day thereafter, as the Representative and the Issuers may agree upon in
writing. The time and date of such payment and delivery is referred to herein as the “Closing Date”. 
 (b) Payment for the
Securities shall be made to the Issuers by wire transfer in immediately available funds to the account(s) specified by the Issuers to the Representative against delivery to the nominee of The Depository Trust Company, for the account of the Initial

  

 -3- 

 
Purchasers, of one or more global notes representing the Securities (collectively, the “Global Note”), with any transfer taxes payable in
connection with the sale of the Securities duly paid by the Issuers. The Global Note will be made available for inspection by the Representative not later than 1:00 P.M., New York City time, on the business day prior to the Closing Date. 

3. Representations and Warranties of the Issuers and the Guarantors. The Issuers and the Guarantors listed on Schedule 3 hereto (the
“Initial Guarantors”) jointly and severally represent and warrant on the date hereof and at the Closing Date (it being understood that representations and warranties by the Issuers and the Initial Guarantors as to Gemstar and its
subsidiaries are made to the knowledge of the Issuers and the Initial Guarantors after due inquiry), and upon execution and delivery of the Joinder Agreement, each Gemstar Guarantor jointly and severally represents and warrants, in each case, to
each Initial Purchaser that: 
 (a) Preliminary Offering Memorandum and Offering Memorandum. The Preliminary Offering
Memorandum, as of its date, did not, and the Offering Memorandum at the Time of Sale, did not, and in the form first used by the Initial Purchasers to confirm sales of the Securities and as of the Closing Date, will not, contain any untrue statement
of a material fact or omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided that the Issuers and the Guarantors make no
representation or warranty with respect to any statements or omissions made in reliance upon and in conformity with information relating to any Initial Purchaser furnished to the Issuers in writing by such Initial Purchaser through the
Representative expressly for use in the Preliminary Offering Memorandum or the Offering Memorandum. 
 (b) Additional
Written Communications. The Issuers (including their agents and representatives, other than the Initial Purchasers in their capacity as such) have not made, used, prepared, authorized, approved or referred to and will not prepare, make, use,
authorize, approve or refer to any written communication that constitutes an offer to sell or solicitation of an offer to buy the Securities (each such communication by the Issuers or their agents and representatives (other than a communication
referred to in clauses (i) and (ii) below) an “Issuer Written Communication”) other than (i) the Preliminary Offering Memorandum and (ii) the Offering Memorandum. Each such Issuer Written Communication, when taken
together with the Offering Memorandum, did not, and at the Closing Date will not, contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances
under which they were made, not misleading; provided that the Issuers make no representation and warranty with respect to any statements or omissions made in each such Issuer Written Communication in reliance upon and in conformity with
information relating to any Initial Purchaser furnished to the Issuers in writing by such Initial Purchaser through the Representative expressly for use in any Issuer Written Communication. Any information in an Issuer Written Communication that is
not otherwise included in the Offering Memorandum does not conflict with the information contained in the Offering Memorandum (and that has not been superseded or modified). 
  

 -4- 

 (c) Incorporated Documents. The documents incorporated by reference in the
Offering Memorandum, when filed with the Securities and Exchange Commission (the “Commission”) (or, in the case of documents (or portions thereof) that have been amended by amendments filed with the Commission and incorporated by reference
the Offering Memorandum, when so amended), conformed or will conform, as the case may be, in all material respects to the requirements of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the rules and regulations
of the Securities and Exchange Commission thereunder, and when filed with the Commission (or, in the case of documents that have been amended by amendments filed with the Commission and incorporated by reference in the Offering Memorandum, upon the
filing of such amendment) did not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances under which they
were made, not misleading. 
 (d) Financial Statements. The historical financial statements and the related notes
thereto included in the Offering Memorandum present fairly the consolidated financial position of Macrovision and its subsidiaries and Gemstar and its subsidiaries as of the dates indicated and the consolidated results of their respective operations
and the changes in their respective cash flows for the periods specified; such financial statements have been prepared in conformity with generally accepted accounting principles applied on a consistent basis throughout the periods covered thereby;
the other financial information included or incorporated by reference in the Offering Memorandum has been derived from the accounting records of Macrovision and its subsidiaries or Gemstar and its subsidiaries, as the case may be, and in each case
presents fairly in all material respects the information shown thereby; and the pro forma financial information and the related notes thereto included in the Offering Memorandum have been prepared in accordance with the Commission’s
rules and guidance with respect to pro forma financial information, and the assumptions underlying such pro forma financial information are reasonable and are set forth in the Offering Memorandum. 
 (e) No Material Adverse Change. Since December 31, 2007 (i) there has not been any material change in the capital stock
(except for changes to Macrovision capital stock and/or Gemstar capital stock associated with the completion of the Acquisition) or long-term debt of the Company, Macrovision, Gemstar or any of their respective subsidiaries, or any dividend or
distribution of any kind declared, set aside for payment, paid or made by the Company, Macrovision or Gemstar on any class of capital stock, or any material adverse change, or any development involving a prospective material adverse change, in or
affecting the business, properties, management, financial position or results of operations of the Company, Macrovision or Gemstar and their respective subsidiaries taken as a whole; (ii) neither the Company, Macrovision, Gemstar nor any of
their respective subsidiaries has entered into any transaction or agreement that is materially adverse to the Company, Macrovision, Gemstar and their respective subsidiaries, each taken as a whole, or incurred any liability or obligation, direct or
contingent, that is materially adverse to the Company, Macrovision, Gemstar and their subsidiaries, each taken as a whole; and (iii) neither the Company, Macrovision, Gemstar nor any of their respective subsidiaries has sustained any material
loss or interference 

  

 -5- 

 
with its business from fire, explosion, flood or other calamity, whether or not covered by insurance, or from any labor disturbance or dispute or any action,
order or decree of any court or arbitrator or governmental or regulatory authority, except in each case as otherwise disclosed in the Offering Memorandum 
 (f) Organization and Good Standing. The Company, Macrovision, Gemstar and each of their respective subsidiaries have been duly organized and are validly existing and in good standing under the laws of their
respective jurisdictions of organization, are duly qualified to do business and are in good standing in each jurisdiction in which their respective ownership or lease of property or the conduct of their respective businesses requires such
qualification, and have all power and authority necessary to own or hold their respective properties and to conduct the businesses in which they are engaged, except where the failure to be so qualified, in good standing or have such power or
authority would not, individually or in the aggregate, have a material adverse effect on the business, properties, management, financial position, results of operations or prospects of the Company and its subsidiaries taken as a whole or on the
performance by the Company and the Guarantors of their obligations under the Securities and the Guarantees (a “Material Adverse Effect”). None of the Company, Macrovision or Gemstar owns or controls, directly or indirectly, any
corporation, association or other entity other than the subsidiaries listed in Schedule 4 to this Agreement. 
 (g)
Capitalization. The Company has an authorized capitalization as set forth in the Offering Memorandum under the heading “Capitalization”; and all the outstanding shares of capital stock or other equity interests of Macrovision,
Gemstar, each of their respective subsidiaries and each subsidiary of the Company have been duly and validly authorized and issued, are fully paid and non-assessable and upon consummation of the Acquisition, will be owned directly or indirectly by
the Company, free and clear of any lien, charge, encumbrance, security interest, restriction on voting or transfer or any other claim of any third party. 
 (h) Due Authorization. The Issuers and each of the Guarantors have full right, power and authority to execute and deliver, as applicable, this Agreement, the Joinder Agreement, the Securities and the Indenture
(including each Guarantee set forth therein) (collectively, the “Transaction Documents”) and to perform their respective obligations hereunder and thereunder; and all action required to be taken for the due and proper authorization,
execution and delivery of each of the Transaction Documents and the consummation of the transactions contemplated thereby has been duly and validly taken. 
 (i) The Indenture. The Indenture has been duly authorized by each of the Issuers and each of the Guarantors and, when duly executed and delivered in accordance with its terms by each of the parties thereto,
will constitute a valid and legally binding agreement of each of the Issuers and each of the Guarantors enforceable against each of the Issuers and each of the Guarantors in accordance with its terms, except as enforceability may be limited by
applicable bankruptcy, insolvency or similar laws affecting the enforcement of creditors’ rights generally or by equitable principles relating to enforceability (collectively, the “Enforceability Exceptions”); and on the Closing Date,

  

 -6- 

 
the Indenture will conform in all material respects to the requirements of the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”),
and the rules and regulations of the Commission applicable to an indenture that is qualified thereunder. 
 (j) The
Securities and the Guarantees. The Securities have been duly authorized by each of the Issuers and, when duly executed, authenticated, issued and delivered as provided in the Indenture and paid for as provided herein, will be duly and validly
issued and outstanding and will constitute valid and legally binding obligations of each of the Issuers enforceable against each of the Issuers in accordance with their terms, subject to the Enforceability Exceptions, and will be entitled to the
benefits of the Indenture; and the Guarantees have been duly authorized by each of the Guarantors and, when the Securities have been duly executed, authenticated, issued and delivered as provided in the Indenture and paid for as provided herein,
will be valid and legally binding obligations of each of the Guarantors, enforceable against each of the Guarantors in accordance with their terms, subject to the Enforceability Exceptions, and will be entitled to the benefits of the Indenture.

 (k) Purchase Agreement. This Agreement has been duly authorized, executed and delivered by each of the Issuers and
each of the Initial Guarantors. 
 (l) Joinder Agreement. As of the Closing Date, the Joinder Agreement will have been
duly authorized by the Gemstar Guarantors and, when duly executed and delivered in accordance with its terms by each of the parties thereto, will constitute a valid and legally binding agreement of the Gemstar Guarantors enforceable against the
Gemstar Guarantors in accordance with its terms, subject to the Enforceability Exceptions. 
 (m) Descriptions of the
Transaction Documents. Each Transaction Document conforms in all material respects to the description thereof contained in each of the Time of Sale Information and the Offering Memorandum. 
 (n) No Violation or Default. None of the Company, Macrovision, Gemstar or any of their respective subsidiaries is (i) in
violation of its charter or by-laws or similar organizational documents; (ii) in default, and no event has occurred that, with notice or lapse of time or both, would constitute such a default, in the due performance or observance of any term,
covenant or condition contained in any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument to which the Company, Macrovision, Gemstar or any of their respective subsidiaries is a party or by which the Company,
Macrovision, Gemstar or any of their respective subsidiaries is bound or to which any of the property or assets of the Company, Macrovision, Gemstar or any of their respective subsidiaries is subject; or (iii) in violation of any law or statute
or any judgment, order, rule or regulation of any court or arbitrator or governmental or regulatory authority, except, in the case of clauses (ii) and (iii) above, for any such default or violation that would not, individually or in the
aggregate, have a Material Adverse Effect. 
  

 -7- 

 (o) No Conflicts. The execution, delivery and performance by each of the Issuers
and each of the Guarantors of each of the Transaction Documents to which each is a party, the issuance and sale of the Securities (including the Guarantees) and compliance by each of the Issuers and each of the Guarantors with the terms thereof and
the consummation of the transactions contemplated by the Transaction Documents will not (i) conflict with or result in a breach or violation of any of the terms or provisions of, or constitute a default under, or result in the creation or
imposition of any lien, charge or encumbrance upon any property or assets of the Company, Macrovision, Gemstar or any of their respective subsidiaries pursuant to, any indenture, mortgage, deed of trust, loan agreement or other agreement or
instrument to which the Company, Macrovision, Gemstar or any of their respective subsidiaries is a party or by which the Company, Macrovision, Gemstar or any of their respective subsidiaries is bound or to which any of the property or assets of the
Company, Macrovision, Gemstar or any of their respective subsidiaries is subject, (ii) result in any violation of the provisions of the charter or by-laws or similar organizational documents of the Company, Macrovision, Gemstar or any of their
respective significant subsidiaries or (iii) result in the violation of any law or statute or any judgment, order, rule or regulation of any court or arbitrator or governmental or regulatory authority, except, in the case of clauses
(i) and (iii) above, for any such conflict, breach, violation or default that would not, individually or in the aggregate, have a Material Adverse Effect. 
 (p) No Consents Required. No consent, approval, authorization, order, registration or qualification of or with any United States
(or any political subdivision thereof) court or arbitrator or governmental or regulatory authority or to the Company’s, Macrovision’s or Gemstar’s knowledge, any non-United States court or arbitrator or governmental or regulatory
authority, in either case is required for the execution, delivery and performance by each of the Issuers and each of the Guarantors of each of the Transaction Documents to which each is a party, the issuance and sale of the Securities (including the
Guarantees) and compliance by each of the Issuers and each of the Guarantors with the terms thereof and the consummation of the transactions contemplated by the Transaction Documents, except for such consents, approvals, authorizations, orders and
registrations or qualifications as may be required under applicable state securities laws in connection with the purchase and resale of the Securities by the Initial Purchasers. 
 (q) Legal Proceedings. Except as described in the Offering Memorandum, there are no legal, governmental or regulatory
investigations, actions, suits or proceedings pending to which the Company, Macrovision, Gemstar or any of their respective subsidiaries is or may be a party or to which any property of the Company, Macrovision, Gemstar or any of their respective
subsidiaries is or may be subject that, individually or in the aggregate, if determined adversely to the Company, Macrovision, Gemstar or any of their respective subsidiaries, could reasonably be expected to have a Material Adverse Effect; and, to
the knowledge of each of the Issuers and each of the Guarantors, no investigations, actions, suits or proceedings are threatened or contemplated by any governmental or regulatory authority or by others, which, individually or in the aggregate, if
determined adversely to the Company, Macrovision, Gemstar or any of their respective subsidiaries, could reasonably be expected to have a Material Adverse Effect. 
  

 -8- 

 (r) Independent Accountants. (i) KPMG LLP, who have certified certain
financial statements of Macrovision and its subsidiaries, are independent public accountants with respect to Macrovision and its subsidiaries and (ii) and Ernst & Young LLP, who have certified certain financial statements of Gemstar
and its subsidiaries, are independent public accountants with respect to Gemstar and its subsidiaries, in each case (i) and (ii) above within the applicable rules and regulations adopted by the Commission and the Public Company Accounting
Oversight Board (United States) and as required by the Securities Act. 
 (s) Title to Real and Personal Property. The
Company, Macrovision, Gemstar and their respective subsidiaries have good and marketable title in fee simple to, or have valid rights to lease or otherwise use, all items of real and personal property that are material to the respective businesses
of the Company, Macrovision, Gemstar and their respective subsidiaries, in each case free and clear of all liens, encumbrances, claims and defects and imperfections of title except those that (i) do not materially interfere with the use made
and proposed to be made of such property by the Company, Macrovision, Gemstar and their respective subsidiaries or (ii) could not reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect. 
 (t) Intellectual Property. 
 (i) Except as described in the Offering Memorandum, the Company, Macrovision, Gemstar and their subsidiaries own or possess all patents, patent applications, inventions, trademarks, service marks, trade names,
trademark registrations, service mark registrations, domain names, copyrights, licenses, know-how (including trade secrets and other unpatented and/or unpatentable proprietary or confidential information, systems or procedures) and other
intellectual property necessary for the conduct of their respective businesses (“Intellectual Property”); and, to the Issuers’ and the Guarantors’ knowledge, the conduct of their respective businesses will not conflict in any
material respect with any such rights of others, and, except as described in the Offering Memorandum, the Company, Macrovision, Gemstar and their respective subsidiaries have not received any notice of any claim of infringement or conflict with any
such rights of others. Except as described in the Offering Memorandum, all Intellectual Property owned by the Company, Macrovision, Gemstar or their respective subsidiaries is free and clear of all liens, encumbrances, defects or other restrictions,
except as would not, singly or in the aggregate, have a Material Adverse Effect on the Company and the Guarantors. To the knowledge of the Company or Macrovision, except as would not have a Material Adverse Effect, and except as described in the
Offering Memorandum, none of the patents owned or licensed by the Company, Macrovision and Gemstar and their respective subsidiaries that are material to the Company’s, Macrovision’s, Gemstar’s and their respective subsidiaries’
respective businesses is unenforceable or invalid; and the Company and the Guarantors are not aware of any basis for a finding that any of the Intellectual Property is invalid or unenforceable. The 

  

 -9- 

 
Company, Macrovision, Gemstar and their respective subsidiaries have taken commercially reasonable actions to maintain and protect the Intellectual Property
owned by the Company, Macrovision, Gemstar or their subsidiaries, including payment of applicable maintenance fees, filing of applicable statements of use, timely response to office actions, and disclosure of any required information, except for any
failure, violation or default that would not, individually or in the aggregate, have a Material Adverse Effect. 
 (ii) The
Company, Macrovision, Gemstar and their respective subsidiaries are in compliance with all applicable federal, state, local and foreign laws, rules, regulations, requirements, decisions and orders relating to intellectual property, including, but
not limited to, the Digital Millennium Copyright Act, except for any non-compliance that would not, individually or in the aggregate, have a Material Adverse Effect. 
 (iii) Except as described in the Offering Memorandum, none of the Company, Macrovision, Gemstar or any of their respective subsidiaries is
subject to any judgment, order, writ, injunction or decree of any court or any federal, state, local, foreign or other governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, or any arbitrator, in each
case which materially restricts or impairs their use of any Intellectual Property. 
 (iv) The Company, Macrovision, Gemstar
and their respective subsidiaries have taken commercially reasonable actions to protect their rights in confidential information and trade secrets, to protect any confidential information provided to them by any other person, and to obtain ownership
of all works of authorship and inventions made by their employees, consultants and contractors and which relate to the Company’s, Macrovision’s or Gemstar’s business, except for any failures that would not, individually or in the
aggregate, have a Material Adverse Effect. All current executive officers, current employees and contractors that have a material role in the development of software for the Company, Macrovision, Gemstar or their respective subsidiaries have signed
confidentiality and invention assignment agreements with the Company, Macrovision, Gemstar or their respective subsidiaries, as the case may be, except for any failure, violation or default that would not, individually or in the aggregate, have a
Material Adverse Effect. 
 (u) No Undisclosed Relationships. No relationship, direct or indirect, exists between or
among the Company, Macrovision, Gemstar or any of their respective subsidiaries, on the one hand, and the directors, officers, stockholders or other affiliates of the Company, Macrovision, Gemstar or any of their respective subsidiaries, on the
other, that would be required by the Securities Act to be described in a registration statement to be filed with the Commission and that is not so described in the Offering Memorandum. 
 (v) Investment Company Act. None of the Company, Macrovision, Gemstar or any of their respective subsidiaries is, and after giving
effect to the offering and sale of the Securities and the application of the proceeds thereof as described in the Offering Memorandum none of them will be, an “investment company” or an entity “controlled” 

  

 -10- 

 
by an “investment company” within the meaning of the Investment Company Act of 1940, as amended, and the rules and regulations of the Commission
thereunder (collectively, the “Investment Company Act”). 
 (w) Taxes. The Company, Macrovision, Gemstar and
their respective subsidiaries have paid all federal, state, local and foreign taxes required to be paid and filed all tax returns required to be filed through the date hereof, or filed extensions as permitted by law; and except as otherwise
disclosed in the Offering Memorandum, there is (i) no tax deficiency that has been asserted against the Company, Macrovision, Gemstar or any of their respective subsidiaries or any of their respective properties or assets and (ii) no tax
deficiency that would be reasonably likely to be material to the Company, Macrovision, Gemstar and their respective subsidiaries, taken as a whole, that is reasonably expected to be asserted against the Company, Macrovision, Gemstar or any of their
respective subsidiaries or any of their respective properties or assets. 
 (x) Licenses and Permits. The Company,
Macrovision, Gemstar and their respective subsidiaries possess all licenses, certificates, permits and other authorizations issued by, and have made all declarations and filings with, the appropriate federal, state, local or foreign governmental or
regulatory authorities that are necessary for the ownership or lease of their respective properties or the conduct of their respective businesses as described in the Offering Memorandum, except where the failure to possess or make the same would
not, individually or in the aggregate, have a Material Adverse Effect; and except as described in the Offering Memorandum, none of the Company, Macrovision, Gemstar or any of their respective subsidiaries has received notice of any revocation or
modification of any license, certificate, permit or authorization or has any reason to believe that any such license, certificate, permit or authorization will not be renewed in the ordinary course except where such notice, modification or failure
to renew would not, individually or in the aggregate, have a Material Adverse Effect. 
 (y) No Labor Disputes. No
labor disturbance by or dispute with employees of the Company, Macrovision, Gemstar or any of their respective subsidiaries exists or, to the knowledge of the Company and each of the Guarantors, is contemplated or threatened and neither the Company
nor any Guarantor is aware of any existing or imminent labor disturbance by, or dispute with, the employees of any of the Company’s, Macrovision’s, Gemstar’s or any of their respective subsidiaries’ principal suppliers,
contractors or customers, except as would not have a Material Adverse Effect. 
 (z) Compliance With Environmental
Laws. (i) The Company, Macrovision, Gemstar and their respective subsidiaries (x) are, and at all prior times were, in compliance with any and all applicable federal, state, local and foreign laws, rules, regulations, requirements,
decisions and orders relating to the protection of human health or safety, the environment, natural resources, hazardous or toxic substances or wastes, pollutants or contaminants (collectively, “Environmental Laws”), (y) have received
and are in compliance with all permits, licenses, certificates or other authorizations or approvals required of them under applicable Environmental Laws to conduct their respective businesses, and (z) have not received notice of any actual or
potential liability 

  

 -11- 

 
under or relating to any Environmental Laws, including for the investigation or remediation of any disposal or release of hazardous or toxic substances or
wastes, pollutants or contaminants, and have no knowledge of any event or condition that would reasonably be expected to result in any such notice; (ii) there are no costs or liabilities associated with Environmental Laws of or relating to the
Company, Macrovision, Gemstar or their respective subsidiaries, except in the case of each of (i) and (ii) above, for any such failure to comply, or failure to receive required permits, licenses or approvals, or cost or liability, as would
not, individually or in the aggregate, have a Material Adverse Effect; and (iii) except as described in the Offering Memorandum, (x) there are no proceedings that are pending, or that are known to be contemplated, against the Company,
Macrovision or Gemstar or any of their respective subsidiaries under any Environmental Laws in which a governmental entity is also a party, other than such proceedings regarding which it is reasonably believed no monetary sanctions of $100,000 or
more will be imposed, (y) the Company, Macrovision, Gemstar and their respective subsidiaries are not aware of any issues regarding compliance with Environmental Laws, or liabilities or other obligations under Environmental Laws or concerning
hazardous or toxic substances or wastes, pollutants or contaminants, that could reasonably be expected to have a material effect on the capital expenditures, earnings or competitive position of the Company, Macrovision, Gemstar and their respective
subsidiaries, and (z) none of the Company, Macrovision, Gemstar or their respective subsidiaries anticipates material capital expenditures relating to any Environmental Laws. 
 (aa) Compliance with ERISA. (i) Each employee benefit plan, within the meaning of Section 3(3) of the Employee Retirement
Income Security Act of 1974, as amended (“ERISA”), for which the Company, Macrovision, Gemstar or any member of their “Controlled Group” (defined as any organization which is a member of a controlled group of corporations within
the meaning of Section 414 of the Internal Revenue Code of 1986, as amended (the “Code”)) would have any liability (each, a “Plan”) has been maintained in compliance with its terms and the requirements of any applicable
statutes, orders, rules and regulations, including but not limited to ERISA and the Code; (ii) no prohibited transaction, within the meaning of Section 406 of ERISA or Section 4975 of the Code, has occurred with respect to any Plan
excluding transactions effected pursuant to a statutory or administrative exemption; (iii) for each Plan that is subject to the funding rules of Section 412 of the Code or Section 302 of ERISA, no “accumulated funding
deficiency” as defined in Section 412 of the Code, whether or not waived, has occurred or is reasonably expected to occur; (iv) the fair market value of the assets of each Plan exceeds the present value of all benefits accrued under
such Plan (determined based on those assumptions used to fund such Plan); (v) no “reportable event” (within the meaning of Section 4043(c) of ERISA) has occurred or is reasonably expected to occur; and (vi) neither the
Company, Macrovision, Gemstar nor any member of their Controlled Group has incurred, nor reasonably expects to incur, any liability under Title IV of ERISA (other than contributions to the Plan or premiums to the PBGC, in the ordinary course and
without default) in respect of a Plan (including a “multiemployer plan”, within the meaning of Section 4001(a)(3) of ERISA), except for any failure, violation or default that would not, individually or in the aggregate, have a
Material Adverse Effect. 
  

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 (bb) Disclosure Controls. Macrovision and its subsidiaries and Gemstar and its
subsidiaries each maintain an effective system of “disclosure controls and procedures” (as defined in Rule 13a-15(e) of the Exchange Act) that is designed to ensure that information required to be disclosed by Macrovision or Gemstar, as
the case may be in reports that it files or submits under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Commission’s rules and forms, including controls and procedures designed to
ensure that such information is accumulated and communicated to Macrovision’s or Gemstar’s management, as the case may be, as appropriate to allow timely decisions regarding required disclosure. Macrovision and its subsidiaries and Gemstar
and its subsidiaries have each carried out evaluations of the effectiveness of their disclosure controls and procedures as required by Rule 13a-15 of the Exchange Act. 
 (cc) Accounting Controls. Macrovision and its subsidiaries and Gemstar and its subsidiaries each maintain systems of “internal
control over financial reporting” (as defined in Rule 13a-15(f) of the Exchange Act) that comply with the requirements of the Exchange Act and have been designed by, or under the supervision of, their respective principal executive and
principal financial officers, or persons performing similar functions, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally
accepted accounting principles. Macrovision and its subsidiaries and Gemstar and its subsidiaries each maintain internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with
management’s general or specific authorizations; (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability;
(iii) access to assets is permitted only in accordance with management’s general or specific authorization; and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate
action is taken with respect to any differences. There are no material weaknesses in Macrovision’s or Gemstar’s internal controls. 
 (dd) No Unlawful Payments. None of the Company, Macrovision, Gemstar or any of their respective subsidiaries nor, to the knowledge of each of the Issuers and each of the Guarantors, any director, officer,
agent, employee or other person associated with or acting on behalf of the Company, Macrovision, Gemstar or any of their respective subsidiaries has (i) used any corporate funds for any unlawful contribution, gift, entertainment or other
unlawful expense relating to political activity; (ii) made any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds; (iii) violated or is in violation of any provision of the
Foreign Corrupt Practices Act of 1977; or (iv) made any bribe, rebate, payoff, influence payment, kickback or other unlawful payment. 
 (ee) Insurance. The Company, Macrovision, Gemstar and their respective subsidiaries have insurance covering their respective properties, operations, personnel and businesses, including business interruption
insurance, which insurance is in amounts and insures against such losses and risks as are customary for companies engaged in 

  

 -13- 

 
similar businesses; and none of the Company, Macrovision, Gemstar or any of their respective subsidiaries has (i) received notice from any insurer or
agent of such insurer that capital improvements or other expenditures are required or necessary to be made in order to continue such insurance or (ii) any reason to believe that it will not be able to renew its existing insurance coverage as
and when such coverage expires or to obtain similar coverage at reasonable cost from similar insurers as may be necessary to continue its business. 
 (ff) Compliance with Money Laundering Laws. The operations of the Company, Macrovision, Gemstar and their respective subsidiaries are and have been conducted at all times in compliance with applicable financial
recordkeeping and reporting requirements of the Currency and Foreign Transactions Reporting Act of 1970, as amended, the money laundering statutes of all jurisdictions, the rules and regulations thereunder and any related or similar rules,
regulations or guidelines, issued, administered or enforced by any governmental agency (collectively, the “Money Laundering Laws”) and no action, suit or proceeding by or before any court or governmental agency, authority or body or any
arbitrator involving the Company, Macrovision, Gemstar or any of their respective subsidiaries with respect to the Money Laundering Laws is pending or, to the knowledge of the Company and the Guarantors, threatened. 
 (gg) Compliance with OFAC. None of the Company, Macrovision, Gemstar, any of their respective subsidiaries or, to the knowledge of
the Company and the Guarantors, any director, officer, agent, employee or affiliate of the Company, Macrovision, Gemstar or any of their respective subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets
Control of the U.S. Department of the Treasury (“OFAC”); and the Company will not directly or indirectly use the proceeds of the offering of the Securities hereunder, or lend, contribute or otherwise make available such proceeds to any
subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC. 
 (hh) Solvency. On and immediately after the Closing Date, the Company (after giving effect to the Acquisition, the issuance of the
Securities and the other transactions related thereto as described in the Offering Memorandum) will be Solvent. As used in this paragraph, the term “Solvent” means, with respect to a particular date, that on such date (i) the present
fair market value (or present fair saleable value) of the assets of the Company is not less than the total amount required to pay the liabilities of the Company on its total existing debts and liabilities (including contingent liabilities) as they
become absolute and matured; (ii) the Company is able to realize upon its assets and pay its debts and other liabilities, contingent obligations and commitments as they mature and become due in the normal course of business; (iii) assuming
consummation of the issuance of the Securities as contemplated by this Agreement and the Offering Memorandum, the Company is not incurring debts or liabilities beyond its ability to pay as such debts and liabilities mature; (iv) the Company is
not engaged in any business or transaction, and does not propose to engage in any business or transaction, for which its property would constitute unreasonably small capital after giving due consideration to the prevailing 

  

 -14- 

 
practice in the industry in which the Company is engaged; and (v) the Company is not a defendant in any civil action that would result in a judgment
that the Company is or would become unable to satisfy. 
 (ii) No Restrictions on Subsidiaries. Upon consummation of
the Acquisition, no subsidiary of the Company will be prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company, from making any other distribution on
such subsidiary’s capital stock, from repaying to the Company any loans or advances to such subsidiary from the Company or from transferring any of such subsidiary’s properties or assets to the Company or any Guarantor. 
 (jj) No Broker’s Fees. None of the Company, Macrovision, Gemstar or any of their respective subsidiaries is a party to any
contract, agreement or understanding with any person (other than this Agreement) that would give rise to a valid claim against any of them or any Initial Purchaser for a brokerage commission, finder’s fee or like payment in connection with the
offering and sale of the Securities. 
 (kk) Rule 144A Eligibility. On the Closing Date, the Securities will not be of
the same class as securities listed on a national securities exchange registered under Section 6 of the Exchange Act or quoted in an automated inter-dealer quotation system; and each of the Preliminary Offering Memorandum and the Offering
Memorandum, as of its respective date, contains or will contain all the information that, if requested by a prospective purchaser of the Securities, would be required to be provided to such prospective purchaser pursuant to Rule 144A(d)(4) under the
Securities Act. 
 (ll) No Integration. None of the Company, Macrovision, Gemstar nor any of their respective
affiliates (as defined in Rule 501(b) of Regulation D) has, directly or through any agent, sold, offered for sale, solicited offers to buy or otherwise negotiated in respect of, any security (as defined in the Securities Act) that is or will be
integrated with the sale of the Securities in a manner that would require registration of the Securities under the Securities Act. 
 (mm) No General Solicitation or Directed Selling Efforts. None of the Company, Macrovision, Gemstar or any of their respective affiliates or any other person acting on its or their behalf (other than the Initial Purchasers, as to
which no representation is made) has (i) solicited offers for, or offered or sold, the Securities by means of any form of general solicitation or general advertising within the meaning of Rule 502(c) of Regulation D or in any manner involving a
public offering within the meaning of Section 4(2) of the Securities Act or (ii) engaged in any directed selling efforts within the meaning of Regulation S under the Securities Act (“Regulation S”), and all such persons have
complied with the offering restrictions requirement of Regulation S. 
 (nn) Securities Law Exemptions. Assuming the
accuracy of the representations and warranties of the Initial Purchasers contained in Section 1(b) (including Annex A hereto) and their compliance with their agreements set forth therein, it is not necessary, in 

  

 -15- 

 
connection with the issuance and sale of the Securities to the Initial Purchasers and the offer, resale and delivery of the Securities by the Initial
Purchasers in the manner contemplated by this Agreement and the Offering Memorandum, to register the Securities under the Securities Act or to qualify the Indenture under the Trust Indenture Act. 
 (oo) No Stabilization. Neither of the Issuers nor any of the Guarantors has taken, directly or indirectly, any action designed to
or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities. 
 (pp) Margin Rules. Neither the issuance, sale and delivery of the Securities nor the application of the proceeds thereof by the Issuers as described in the Offering Memorandum will violate Regulation T, U or X of the Board of
Governors of the Federal Reserve System or any other regulation of such Board of Governors. 
 (qq) Forward-Looking
Statements. No forward-looking statement (within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act) contained in the Offering Memorandum has been made or reaffirmed without a reasonable basis or has
been disclosed other than in good faith. 
 (rr) Statistical and Market Data. Nothing has come to the attention of
either Issuer or any Guarantor that has caused either Issuer or any Guarantor to believe that the statistical and market-related data included or incorporated by reference in the Offering Memorandum is not based on or derived from sources that are
reliable and accurate in all material respects. 
 (ss) Sarbanes-Oxley Act. Except as described in the Offering
Memorandum, there is and has been no failure on the part of the Company, Macrovision or Gemstar or any of the Company’s, Macrovision’s or Gemstar’s directors or officers, in their capacities as such, to comply with any provision of
the Sarbanes-Oxley Act of 2002 and the rules and regulations promulgated in connection therewith (the “Sarbanes-Oxley Act”), including Section 402 related to loans and Sections 302 and 906 related to certifications. 
 (tt) No Foreign Taxes, Duties or Fees. There are no stamp or other issuance or transfer taxes or duties or other similar
fees or charges imposed by any governmental authority required under applicable law to be paid in connection with the execution and delivery of this Agreement, the Indenture, the issuance or sale hereunder by the Issuers of the Securities, or the
issuance by the Guarantors of the Guarantees other than all such taxes, duties or other similar fees or charges imposed by any jurisdiction outside the United States in which any Guarantor that is not organized under the laws of the United States or
any political subdivision thereof (each a “Foreign Guarantor”) or any successor is organized or resident for tax purposes or any jurisdiction in which a paying agent for the Securities is located. 
 (uu) No Foreign Filings Required. The legality, validity, enforceability or admissibility into evidence of any of the
Preliminary Offering Memorandum, the Offering Memorandum, this Agreement, the Securities, the Guarantees or the Indenture 

  

 -16- 

 
in any jurisdiction in which a Foreign Guarantor is organized or does business is not dependent upon such document being submitted into, filed or recorded
with any court or other authority in any such jurisdiction on or before the date hereof or that any tax, imposition or charge be paid in any such jurisdiction on or in respect of any such document. 
 (vv) No Foreign Licenses or Qualifications. It is not necessary under the laws of any jurisdiction in which a Foreign
Guarantor is organized or does business that any of the holders of the Securities be licensed, qualified or entitled to carry on business in any such jurisdiction by reason of the execution, delivery, performance or enforcement of any of this
Agreement, the Securities, the Guarantees or the Indenture. 
 (ww) Submission to New York Jurisdiction. Each Foreign
Guarantor has the power to submit and has taken all necessary corporate action to submit to the jurisdiction of any federal or state court located in the borough of Manhattan in the City of New York (a “New York Court”). 
 (xx) Legal Rights in Jurisdictions of Foreign Guarantors. A holder of Securities, the Trustee under the Indenture and each Initial
Purchaser are each entitled to sue as plaintiff in the courts of the jurisdiction of formation and domicile of each Foreign Guarantor for the enforcement of their respective rights under this Agreement, the Securities, the Guarantees and such access
to such courts will not be subject to any conditions which are not applicable to residents of such jurisdiction or a company incorporated in such jurisdiction, other than the requirement to post a bond or guarantee with respect to court costs and
legal fees. 
 (yy) Judgment Enforcement in Foreign Courts. Subject to such qualifications and assumptions as are set
forth in the opinion of relevant local counsel for each Foreign Guarantor, the courts of the jurisdiction of formation and domicile of each Foreign Guarantor will recognize and enforce a judgment obtained against such Foreign Guarantor in a New York
Court in an action arising out of or in connection with this Agreement, the Securities, the Guarantees or the Indenture, in each case, without reconsidering the merits thereof. 
 Upon consummation of the Acquisition and execution of the Joinder Agreement, any certificate signed by any officer of an Issuer, a Guarantor or their
respective subsidiaries and delivered to the Representative or counsel for the Initial Purchasers in connection with the offering of the Notes and the Guarantees shall be deemed a joint and several representation and warranty by each of the Issuers,
the Guarantors and their respective subsidiaries, as to matters covered thereby, to each Initial Purchaser. 
 4. Further Agreements of
the Issuers and the Guarantors. Each of the Issuers and each of the Initial Guarantors and, upon execution and delivery of the Joinder Agreement, the Gemstar Guarantors jointly and severally covenant and agree with each Initial Purchaser that:

 (a) Delivery of Copies. The Issuers will deliver, without charge, to the Initial Purchasers as many copies of the
Preliminary Offering Memorandum, any Issuer Written Communication and the Offering Memorandum (including all amendments and supplements thereto) as the Representative may reasonably request. 
  

 -17- 

 (b) Offering Memorandum, Amendments or Supplements. Before finalizing the Offering
Memorandum or making or distributing any amendment or supplement to the Offering Memorandum, the Issuers will furnish to the Representative and counsel for the Initial Purchasers a copy of the proposed Offering Memorandum or such amendment or
supplement for review, and will not distribute any such proposed Offering Memorandum, amendment or supplement to which the Representative reasonably objects. 
 (c) Additional Written Communications. Before making, preparing, using, authorizing, approving or referring to any Issuer Written
Communication, the Issuers will furnish to the Representative and counsel for the Initial Purchasers a copy of such written communication for review and will not make, prepare, use, authorize, approve or refer to any such written communication to
which the Representative reasonably objects. 
 (d) Notice to the Representative. The Issuers will advise the
Representative promptly, and confirm such advice in writing, (i) of the issuance by any governmental or regulatory authority of any order preventing or suspending the use of any of the Preliminary Offering Memorandum, any Issuer Written
Communication or the Offering Memorandum or the initiation or threatening of any proceeding for that purpose; (ii) of the occurrence of any event at any time prior to the completion of the initial offering of the Securities as a result of which
any of the Preliminary Offering Memorandum, any Issuer Written Communication or the Offering Memorandum as then amended or supplemented would include any untrue statement of a material fact or omit to state a material fact necessary in order to make
the statements therein, in the light of the circumstances existing when the Preliminary Offering Memorandum, such Issuer Written Communication or the Offering Memorandum is delivered to a purchaser, not misleading; and (iii) of the receipt by
either Issuer of any notice with respect to any suspension of the qualification of the Securities for offer and sale in any jurisdiction or the initiation or threatening of any proceeding for such purpose; and the Issuers will use their reasonable
best efforts to prevent the issuance of any such order preventing or suspending the use of any of the Preliminary Offering Memorandum, any Issuer Written Communication or the Offering Memorandum or suspending any such qualification of the Securities
and, if any such order is issued, will obtain as soon as possible the withdrawal thereof. 
 (e) Ongoing Compliance of the
Offering Memorandum. If at any time prior to the completion of the initial offering of the Securities (i) any event shall occur or condition shall exist as a result of which the Offering Memorandum as then amended or supplemented would
include any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances existing when the Offering Memorandum is delivered to a purchaser, not misleading
or (ii) it is necessary to amend or supplement the Offering Memorandum to comply with law, the Issuers will immediately notify the Initial Purchasers thereof and 

  

 -18- 

 
forthwith prepare and, subject to paragraph (b) above, furnish to the Initial Purchasers such amendments or supplements to the Offering Memorandum as
may be necessary so that the statements in the Offering Memorandum as so amended or supplemented (including such document to be incorporated by reference therein) will not, in the light of the circumstances existing when the Offering Memorandum is
delivered to a purchaser, be misleading or so that the Offering Memorandum will comply with law. 
 (f) Blue Sky
Compliance. The Issuers will qualify the Securities for offer and sale under the securities or Blue Sky laws of such jurisdictions as the Representative shall reasonably request and will continue such qualifications in effect so long as required
for the offering and resale of the Securities; provided that neither of the Issuers nor any of the Guarantors shall be required to (i) qualify as a foreign corporation or other entity or as a dealer in securities in any such jurisdiction
where it would not otherwise be required to so qualify, (ii) file any general consent to service of process in any such jurisdiction or (iii) subject itself to taxation in any such jurisdiction if it is not otherwise so subject.

 (g) Clear Market. During the period from the date hereof through and including the date that is 90 days after the
date hereof, each of the Issuers and each of the Guarantors will not, without the prior written consent of the Representative, offer, sell, contract to sell or otherwise dispose of any debt securities issued or guaranteed by either of the Issuers or
any of the Guarantors and having a tenor of more than one year (it being understood that loans under the Credit Agreement are not securities and that the Issuers may borrow additional loans contemplated under the Credit Agreement). 
 (h) Use of Proceeds. The Issuers will apply the net proceeds from the sale of the Securities as described in the Offering
Memorandum under the heading “Use of proceeds”. 
 (i) Supplying Information. While the Securities remain
outstanding and are “restricted securities” within the meaning of Rule 144(a)(3) under the Securities Act, each of the Issuers and each of the Guarantors will, during any period in which the Company is not subject to and in compliance with
Section 13 or 15(d) of the Exchange Act, furnish to holders of the Securities and prospective purchasers of the Securities designated by such holders, upon the request of such holders or such prospective purchasers, the information required to
be delivered pursuant to Rule 144A(d)(4) under the Securities Act. 
 (j) PORTAL and DTC. The Issuers will assist the
Initial Purchasers in arranging for the Securities to be designated Private Offerings, Resales and Trading through Automated Linkages (“PORTAL”) Market securities in accordance with the rules and regulations adopted by the Financial
Industry Regulatory Authority, Inc. (the “FINRA”) relating to trading in the PORTAL Market and for the Securities to be eligible for clearance and settlement through The Depository Trust Company (“DTC”). 
 (k) No Resales by the Issuers. The Issuers will not, and will not permit any of their affiliates (as defined in Rule 144 under the
Securities Act) to, resell any of the Securities that have been acquired by any of them, except for Securities purchased by the Issuers or any of their affiliates and resold in a transaction registered under the Securities Act. 
  

 -19- 

 (l) No Integration. Neither of the Issuers nor any of their respective affiliates
(as defined in Rule 501(b) of Regulation D) will, directly or through any agent, sell, offer for sale, solicit offers to buy or otherwise negotiate in respect of any security (as defined in the Securities Act) that is or will be integrated with the
sale of the Securities in a manner that would require registration of the Securities under the Securities Act. 
 (m) No
General Solicitation or Directed Selling Efforts. Neither of the Issuers or any of their respective affiliates or any other person acting on their behalf (other than the Initial Purchasers, as to which no covenant is given) will (i) solicit
offers for, or offer or sell, the Securities by means of any form of general solicitation or general advertising within the meaning of Rule 502(c) of Regulation D or in any manner involving a public offering within the meaning of Section 4(2)
of the Securities Act or (ii) engage in any directed selling efforts within the meaning of Regulation S, and all such persons will comply with the offering restrictions requirement of Regulation S. 
 (n) No Stabilization. Neither of the Issuers nor any of the Guarantors will take, directly or indirectly, any action designed to or
that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities. 
 5. Certain
Agreements of the Initial Purchasers. Each Initial Purchaser, severally and not jointly, hereby represents and agrees with the Issuers and the Initial Guarantors and, on the Closing Date after the execution and delivery of the Joinder
Agreements, the Gemstar Guarantors, that it has not and will not use, authorize use of, refer to, or participate in the planning for use of, any written communication that constitutes an offer to sell or the solicitation of an offer to buy the
Securities other than (i) the Preliminary Offering Memorandum and the Offering Memorandum, (ii) a written communication that contains no “issuer information” (as defined in Rule 433(h)(2) under the Securities Act) that was not
included (including through incorporation by reference) in the Preliminary Offering Memorandum or the Offering Memorandum, (iii) any written communication prepared by such Initial Purchaser and approved by the Issuers in advance in writing or
(iv) any written communication relating to or that contains the terms of the Securities and/or other information that was included (including through incorporation by reference) in the Preliminary Offering Memorandum or the Offering Memorandum.

 6. Conditions of Initial Purchasers’ Obligations. The obligation of each Initial Purchaser to purchase Securities on the
Closing Date as provided herein is subject to the performance by the Issuers and each of the Initial Guarantors and, on the Closing Date after the execution and delivery of the Joinder Agreement, the Gemstar Guarantors of their respective covenants
and other obligations hereunder and to the following additional conditions: 
 (a) Representations and Warranties. The
representations and warranties of the Issuers and the Guarantors contained herein shall be true and correct on the date hereof and on and as of the Closing Date; and the statements of the Issuers, the Guarantors and their respective officers made in
any certificates delivered pursuant to this Agreement shall be true and correct on and as of the Closing Date. 
  

 -20- 

 (b) No Downgrade. Subsequent to the earlier of (A) the Time of Sale and
(B) the execution and delivery of this Agreement, (i) no downgrading shall have occurred in the rating accorded the Securities or any other debt securities (including convertible debt securities) or preferred stock issued or guaranteed by
either of the Issuers or any of their respective subsidiaries by any “nationally recognized statistical rating organization”, as such term is defined by the Commission for purposes of Rule 436(g)(2) under the Securities Act; and
(ii) no such organization shall have publicly announced that it has under surveillance or review, or has changed its outlook with respect to, its rating of the Securities or of any other debt securities or preferred stock issued or guaranteed
by either of the Issuers or any of their respective subsidiaries (other than an announcement with positive implications of a possible upgrading). 
 (c) No Material Adverse Change. No event or condition of a type described in Section 3(e) hereof shall have occurred or shall exist, which event or condition is not described in the Offering Memorandum
(excluding any amendment or supplement thereto), the effect of which in the judgment of the Representative makes it impracticable or inadvisable to proceed with the offering, sale or delivery of the Securities on the terms and in the manner
contemplated by this Agreement and the Offering Memorandum. 
 (d) Officer’s Certificate. The Representative shall
have received on and as of the Closing Date a certificate of an executive officer of each of the Issuers has specific knowledge of such Issuer’s financial matters and is satisfactory to the Representative (i) confirming that such officer
has carefully reviewed the Offering Memorandum and, to the best knowledge of such officer, the representations set forth in Sections 3(a) and 3(b) hereof are true and correct, (ii) confirming that the other representations and warranties of the
Issuers and the Guarantors in this Agreement are true and correct and that the Issuers and the Guarantors have complied with all agreements and satisfied all conditions on their part to be performed or satisfied hereunder at or prior to the Closing
Date, (iii) to the effect set forth in paragraphs (b) and (c) above, (iv) confirming that such officer has reviewed the financial books and records of Macrovision, and that at March 31, 2008, there was no material change in
capital stock, increase in long-term debt, decrease in consolidated net current assets other than the reclassification of $75.8 million of auction rate securities from short-term marketable securities to long-term marketable securities, or
stockholders’ equity on a consolidated basis for Macrovision and its subsidiaries compared to with amounts shown in Macrovision’s audited December 31, 2007 consolidated balance sheet and (v) confirming that all significant
assumptions indicated in “Macrovision Solutions Corporation’s unaudited pro forma condensed combined financial data” in the Offering Memorandum have been reflected in the pro forma adjustments and that the unaudited pro
forma condensed combined financial statements contained in the Offering Memorandum comply as to form in all material respects with the applicable accounting requirements of Rule 11-02 of Regulation S-K, except as indicated under “Securities
and Exchange Commission review of Exchange Act reports” in the Offering Memorandum and except for the treatment of the exit from the Hawkeye anti-piracy service as a discontinued operation. 
  

 -21- 

 (e) Comfort Letters. On the date of this Agreement and on the Closing Date, KPMG
LLP and Ernst & Young LLP shall have furnished to the Representative, at the request of the Issuers, letters, dated the respective dates of delivery thereof and addressed to the Initial Purchasers, in form and substance reasonably
satisfactory to the Representative, containing statements and information of the type customarily included in accountants’ “comfort letters” to underwriters with respect to the financial statements and certain financial information
contained (or incorporated by reference) the Offering Memorandum; provided that the letters delivered on the Closing Date shall use a “cut-off” date no more than three business days prior to the Closing Date. 
 (f) Opinion and 10b-5 Statement of Counsel for the Company. (i) Heller Ehrman LLP, counsel for the Company, shall have
furnished to the Representative, at the request of the Company, their written opinion and 10b-5 statement, (ii) Heller Ehrman (Europe) LLP, United Kingdom counsel for the Company, shall have furnished to the Representative, at the request of
the Company, their written opinion and (iii) Maples and Calder, British Virgin Islands counsel for the Company, shall have furnished to the Representative, at the request of the Company, their written opinion, in each case dated the Closing
Date and addressed to the Initial Purchasers in form and substance reasonably satisfactory to the Representative, to the effect set forth in Annexes B-1, B-2 and B-3 hereto. 
 (g) Opinion and 10b-5 Statement of Counsel for the Initial Purchasers. The Representative shall have received on and as of the
Closing Date an opinion and 10b-5 statement of Cahill Gordon & Reindel LLP, counsel for the Initial Purchasers, with respect to such matters as the Representative may reasonably request, and such counsel shall have received such documents
and information as they may reasonably request to enable them to pass upon such matters. 
 (h) No Legal Impediment to
Issuance. No action shall have been taken and no statute, rule, regulation or order shall have been enacted, adopted or issued by any federal, state or foreign governmental or regulatory authority that would, as of the Closing Date, prevent the
issuance or sale of the Securities or the issuance of the Guarantees; and no injunction or order of any federal, state or foreign court shall have been issued that would, as of the Closing Date, prevent the issuance or sale of the Securities or the
issuance of the Guarantees. 
 (i) Good Standing. The Representative shall have received on and as of the Closing Date
satisfactory evidence of the good standing of the Company, Macrovision, Gemstar and their respective subsidiaries in their respective jurisdictions of organization and their good standing in such other jurisdictions as the Representative may
reasonably request, in each case in writing or any standard form of telecommunication, from the appropriate governmental authorities of such jurisdictions. 
  

 -22- 

 (j) Credit Agreement. The Initial Purchasers shall have received a copy of the
Credit Agreement that shall have been executed and delivered by a duly authorized officer of each of the Issuers and each of the Guarantors. 
 (k) PORTAL and DTC. The Securities shall have been approved by the FINRA for trading in the PORTAL Market and shall be eligible for clearance and settlement through DTC. 
 (l) Joinder Agreement. At the Closing Date, the Gemstar Guarantors shall have entered into the Joinder Agreement, and the Initial
Purchasers shall have received counterparts, conformed as executed, thereof. 
 (m) Acquisition. The Acquisition shall
have been consummated in a manner consistent in all material respects with the description thereof in the Offering Memorandum. 
 (n) Additional Documents. On or prior to the Closing Date, the Issuers and the Guarantors shall have furnished to the Representative such further certificates and documents as the Representative may reasonably request. 
 All opinions, letters, certificates and evidence mentioned above or elsewhere in this Agreement shall be deemed to be in compliance with the provisions
hereof only if they are in form and substance reasonably satisfactory to counsel for the Initial Purchasers. 
 7. Indemnification and
Contribution. 
 (a) Indemnification of the Initial Purchasers. Each of the Issuers and each of the Initial Guarantors and, on the
Closing Date upon the execution and delivery of the Joinder Agreement, each of the Gemstar Guarantors jointly and severally agree to indemnify and hold harmless each Initial Purchaser, its affiliates, directors and officers and each person, if any,
who controls such Initial Purchaser within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act, from and against any and all losses, claims, damages and liabilities (including, without limitation, legal fees
and other expenses incurred in connection with any suit, action or proceeding or any claim asserted, as such fees and expenses are incurred), joint or several, that arise out of, or are based upon, any untrue statement or alleged untrue statement of
a material fact contained in the Preliminary Offering Memorandum, any Issuer Written Communication or the Offering Memorandum (or any amendment or supplement thereto) or any omission or alleged omission to state therein a material fact necessary in
order to make the statements therein, in the light of the circumstances under which they were made, not misleading, in each case except insofar as such losses, claims, damages or liabilities arise out of, or are based upon, any untrue statement or
omission or alleged untrue statement or omission made in reliance upon and in conformity with any information relating to any Initial Purchaser furnished to the Issuers in writing by such Initial Purchaser through the Representative expressly for
use therein. 
 (b) Indemnification of the Company. Each Initial Purchaser agrees, severally and not jointly, to indemnify and hold
harmless each of the Issuers, each of the Initial Guarantors and, on 

  

 -23- 

 
the Closing Date upon the execution and delivery of the Joinder Agreement, the Gemstar Guarantors, each of their respective directors and officers and each
person, if any, who controls either of the Issuers or any of the Guarantors within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act to the same extent as the indemnity set forth in paragraph (a) above,
but only with respect to any losses, claims, damages or liabilities that arise out of, or are based upon, any untrue statement or omission or alleged untrue statement or omission made in reliance upon and in conformity with any information relating
to such Initial Purchaser furnished to the Issuers in writing by such Initial Purchaser through the Representative expressly for use in the Preliminary Offering Memorandum, any Issuer Written Communication or the Offering Memorandum (or any
amendment or supplement thereto), it being understood and agreed that the only such information consists of the following: the fifth and sixth sentences of the 11th paragraph and the 13th paragraph, each under the heading “Plan of
Distribution” in the Preliminary Offering Memorandum and the Offering Memorandum. 
 (c) Notice and Procedures. If any suit,
action, proceeding (including any governmental or regulatory investigation), claim or demand shall be brought or asserted against any person in respect of which indemnification may be sought pursuant to either paragraph (a) or (b) above,
such person (the “Indemnified Person”) shall promptly notify the person against whom such indemnification may be sought (the “Indemnifying Person”) in writing; provided that the failure to notify the Indemnifying Person
shall not relieve it from any liability that it may have under paragraph (a) or (b) above except to the extent that it has been materially prejudiced (through the forfeiture of substantive rights or defenses) by such failure; and
provided, further, that the failure to notify the Indemnifying Person shall not relieve it from any liability that it may have to an Indemnified Person otherwise than under paragraph (a) or (b) above. If any such proceeding
shall be brought or asserted against an Indemnified Person and it shall have notified the Indemnifying Person thereof, the Indemnifying Person shall retain counsel reasonably satisfactory to the Indemnified Person (who shall not, without the consent
of the Indemnified Person, be counsel to the Indemnifying Person) to represent the Indemnified Person and any others entitled to indemnification pursuant to this Section 7 that the Indemnifying Person may designate in such proceeding and shall
pay the fees and expenses of such proceeding and shall pay the fees and expenses of such counsel related to such proceeding, as incurred. In any such proceeding, any Indemnified Person shall have the right to retain its own counsel, but the fees and
expenses of such counsel shall be at the expense of such Indemnified Person unless (i) the Indemnifying Person and the Indemnified Person shall have mutually agreed to the contrary; (ii) the Indemnifying Person has failed within a
reasonable time to retain counsel reasonably satisfactory to the Indemnified Person; (iii) the Indemnified Person shall have reasonably concluded that there may be legal defenses available to it that are different from or in addition to those
available to the Indemnifying Person; or (iv) the named parties in any such proceeding (including any impleaded parties) include both the Indemnifying Person and the Indemnified Person and representation of both parties by the same counsel
would be inappropriate due to actual or potential differing interests between them. It is understood and agreed that the Indemnifying Person shall not, in connection with any proceeding or related proceeding in the same jurisdiction, be liable for
the fees and expenses of more than one separate firm (in addition to any local counsel) for all Indemnified Persons, and that all such fees and expenses shall be reimbursed as they are incurred. Any such separate firm for any Initial Purchaser, its
affiliates, directors and officers and any control persons of such Initial Purchaser shall be designated in 

  

 -24- 

 
writing by J.P. Morgan Securities Inc. and any such separate firm for the Issuers, the Guarantors, their respective directors and officers and any control
persons of the Issuers and the Guarantors shall be designated in writing by the Company. The Indemnifying Person shall not be liable for any settlement of any proceeding effected without its written consent, but if settled with such consent or if
there be a final judgment for the plaintiff, the Indemnifying Person agrees to indemnify each Indemnified Person from and against any loss or liability by reason of such settlement or judgment. Notwithstanding the foregoing sentence, if at any time
an Indemnified Person shall have requested that an Indemnifying Person reimburse the Indemnified Person for fees and expenses of counsel as contemplated by this paragraph, the Indemnifying Person shall be liable for any settlement of any proceeding
effected without its written consent if (i) such settlement is entered into more than 30 days after receipt by the Indemnifying Person of such request and (ii) the Indemnifying Person shall not have reimbursed the Indemnified Person in
accordance with such request prior to the date of such settlement. No Indemnifying Person shall, without the written consent of the Indemnified Person, effect any settlement of any pending or threatened proceeding in respect of which any Indemnified
Person is or could have been a party and indemnification could have been sought hereunder by such Indemnified Person, unless such settlement (x) includes an unconditional release of such Indemnified Person, in form and substance reasonably
satisfactory to such Indemnified Person, from all liability on claims that are the subject matter of such proceeding and (y) does not include any statement as to or any admission of fault, culpability or a failure to act by or on behalf of any
Indemnified Person. 
 (d) Contribution. If the indemnification provided for in paragraphs (a) and (b) above is unavailable
to an Indemnified Person or insufficient in respect of any losses, claims, damages or liabilities referred to therein, then each Indemnifying Person under such paragraph, in lieu of indemnifying such Indemnified Person thereunder, shall contribute
to the amount paid or payable by such Indemnified Person as a result of such losses, claims, damages or liabilities (i) in such proportion as is appropriate to reflect the relative benefits received by the Issuers and the Initial Guarantors
and, upon execution and delivery of the Joinder Agreement, the Gemstar Guarantors on the one hand and the Initial Purchasers on the other from the offering of the Securities or (ii) if the allocation provided by clause (i) is not permitted
by applicable law, in such proportion as is appropriate to reflect not only the relative benefits referred to in clause (i) but also the relative fault of the Issuers and the Initial Guarantors and, upon execution and delivery of the Joinder
Agreement, the Gemstar Guarantors on the one hand and the Initial Purchasers on the other in connection with the statements or omissions that resulted in such losses, claims, damages or liabilities, as well as any other relevant equitable
considerations. The relative benefits received by the Issuers and the Initial Guarantors and, upon execution and delivery of the Joinder Agreement, the Gemstar Guarantors on the one hand and the Initial Purchasers on the other shall be deemed to be
in the same respective proportions as the net proceeds (before deducting expenses) received by the Issuers from the sale of the Securities and the total discounts and commissions received by the Initial Purchasers in connection therewith, as
provided in this Agreement, bear to the aggregate offering price of the Securities. The relative fault of the Issuers and the Initial Guarantors and, upon execution and delivery of the Joinder Agreement, the Gemstar Guarantors on the one hand and
the Initial Purchasers on the other shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission or alleged omission to state a material fact relates to information
supplied by either of the Issuers or any Guarantor or by the Initial Purchasers and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. 
  

 -25- 

 (e) Limitation on Liability. The Issuers, the Initial Guarantors and, upon execution and delivery
of the Joinder Agreement, the Gemstar Guarantors and the Initial Purchasers agree that it would not be just and equitable if contribution pursuant to this Section 7 were determined by pro rata allocation (even if the Initial Purchasers
were treated as one entity for such purpose) or by any other method of allocation that does not take account of the equitable considerations referred to in paragraph (d) above. The amount paid or payable by an Indemnified Person as a result of
the losses, claims, damages and liabilities referred to in paragraph (d) above shall be deemed to include, subject to the limitations set forth above, any legal or other expenses incurred by such Indemnified Person in connection with any such
action or claim. Notwithstanding the provisions of this Section 7, in no event shall an Initial Purchaser be required to contribute any amount in excess of the amount by which the total discounts and commissions received by such Initial
Purchaser with respect to the offering of the Securities exceeds the amount of any damages that such Initial Purchaser has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. 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 was not guilty of such fraudulent misrepresentation. The Initial Purchasers’
obligations to contribute pursuant to this Section 7 are several in proportion to their respective purchase obligations hereunder and not joint. 
 (f) Non-Exclusive Remedies. The remedies provided for in this Section 7 are not exclusive and shall not limit any rights or remedies that may otherwise be available to any Indemnified Person at law or in
equity. 
 8. Termination. This Agreement may be terminated in the absolute discretion of the Representative, by notice to the
Company, if after the execution and delivery of this Agreement and on or prior to the Closing Date (i) trading generally shall have been suspended or materially limited on the New York Stock Exchange or the over-the-counter market;
(ii) trading of any securities issued or guaranteed by either of the Issuers or any of the Guarantors shall have been suspended on any exchange or in any over-the-counter market; (iii) a general moratorium on commercial banking activities
shall have been declared by federal or New York State authorities; or (iv) there shall have occurred any outbreak or escalation of hostilities or any change in financial markets or any calamity or crisis, either within or outside the United
States, that, in the judgment of the Representative, is material and adverse and makes it impracticable or inadvisable to proceed with the offering, sale or delivery, of the Securities on the terms and in the manner contemplated by this Agreement
and the Offering Memorandum. 
 9. Defaulting Initial Purchaser. 
 (a) If, on the Closing Date, any Initial Purchaser defaults on its obligation to purchase the Securities that it has agreed to purchase hereunder, the
other Initial Purchaser may in its discretion arrange for the purchase of such Securities by other persons satisfactory to the Issuers on the terms contained in this Agreement. If, within 36 hours after any such default by any Initial Purchaser, the
other Initial Purchaser does not arrange for the purchase of such Securities, then the Issuers shall be entitled to a further period of 36 hours within which to procure other 

  

 -26- 

 
persons satisfactory to the non-defaulting Initial Purchaser to purchase such Securities on such terms. If other persons become obligated or agree to
purchase the Securities of a defaulting Initial Purchaser, either the other Initial Purchaser or the Issuers may postpone the Closing Date for up to five full business days in order to effect any changes that in the opinion of counsel for the
Issuers or counsel for the Initial Purchasers may be necessary in the Offering Memorandum or in any other document or arrangement, and the Issuers agree to promptly prepare any amendment or supplement to the Offering Memorandum that effects any such
changes. As used in this Agreement, the term “Initial Purchaser” includes, for all purposes of this Agreement unless the context otherwise requires, any person not listed in Schedule 1 hereto that, pursuant to this Section 9,
purchases Securities that a defaulting Initial Purchaser agreed but failed to purchase. 
 (b) If, after giving effect to any arrangements
for the purchase of the Securities of a defaulting Initial Purchaser by the other Initial Purchaser and the Issuers as provided in paragraph (a) above, the aggregate principal amount of such Securities that remains unpurchased does not exceed
one-eleventh of the aggregate principal amount of all the Securities, then the Issuers shall have the right to require the non-defaulting Initial Purchaser to purchase the principal amount of Securities that such Initial Purchaser agreed to purchase
hereunder plus the Securities of the defaulting Initial Purchaser for which such arrangements have not been made. 
 (c) If, after giving
effect to any arrangements for the purchase of the Securities of a defaulting Initial Purchaser by the other Initial Purchaser and the Issuers as provided in paragraph (a) above, the aggregate principal amount of such Securities that remains
unpurchased exceeds one-eleventh of the aggregate principal amount of all the Securities, or if the Issuers shall not exercise the right described in paragraph (b) above, then this Agreement shall terminate without liability on the part of the
non-defaulting Initial Purchaser. Any termination of this Agreement pursuant to this Section 9 shall be without liability on the part of the Issuers or the Guarantors, except that each of the Issuers and each of the Guarantors will continue to
be liable for the payment of expenses as set forth in Section 10 hereof and except that the provisions of Section 7 hereof shall not terminate and shall remain in effect. 
 (d) Nothing contained herein shall relieve a defaulting Initial Purchaser of any liability it may have to the Issuers, the Guarantors or the other
Initial Purchaser for damages caused by its default. 
 10. Payment of Expenses. 
 (a) Whether or not the transactions contemplated by this Agreement are consummated or this Agreement is terminated, each of the Issuers, each of the
Initial Guarantors and, upon execution and delivery of the Joinder Agreement, each of the Gemstar Guarantors jointly and severally agree to pay or cause to be paid all costs and expenses incident to the performance of their respective obligations
hereunder, including without limitation, (i) the costs incident to the authorization, issuance, sale, preparation and delivery of the Securities and any taxes payable in that connection; (ii) the costs incident to the preparation and
printing of the Preliminary Offering Memorandum, any Issuer Written Communication and the Offering Memorandum (including any amendment or supplement thereto) and the distribution thereof; (iii) the costs of reproducing and distributing each of
the Transaction Documents; (iv) the fees 

  

 -27- 

 
and expenses of the Issuers’ and the Guarantors’ counsel and independent accountants and the fees and expenses of counsel to the Initial
Purchasers; (v) the fees and expenses incurred in connection with the registration or qualification and determination of eligibility for investment of the Securities under the laws of such jurisdictions as the Representative may designate and
the preparation, printing and distribution of a Blue Sky Memorandum (including the related fees and expenses of counsel for the Initial Purchasers); (vi) any fees charged by rating agencies for rating the Securities; (vii) the fees and
expenses of the Trustee and any paying agent (including related fees and expenses of any counsel to such parties); (viii) all expenses and application fees incurred in connection with the application for the inclusion of the Securities on the
PORTAL Market and the approval of the Securities for book-entry transfer by DTC; and (ix) all expenses incurred by the Issuers in connection with any “road show” presentation to potential investors (it being understood that the
Initial Purchasers shall be responsible for 50% in the aggregate of the expense of any chartered aircraft jointly used); provided, however, that except as expressly required by this Section 10 or Section 7, the
Issuers and the Initial Guarantors shall have no obligation to pay any costs and expenses of the Representative or the other Initial Purchasers (including the legal costs and fees of counsel to the Representative and the other Initial Purchasers).

 (b) If (i) this Agreement is terminated pursuant to Section 8 (except for Section 8(iv)), (ii) the Issuers for any
reason fail to tender the Securities for delivery to the Initial Purchasers or (iii) the Initial Purchasers decline to purchase the Securities for any reason permitted under Section 6, each of the Issuers and each of the Guarantors jointly
and severally agree to reimburse the Initial Purchasers for all out-of-pocket costs and expenses (including the fees and expenses of their counsel) reasonably incurred by the Initial Purchasers in connection with this Agreement and the offering
contemplated hereby. 
 11. Persons Entitled to Benefit of Agreement. This Agreement shall inure to the benefit of and be binding upon
the parties hereto and their respective successors and any controlling persons referred to herein, and the affiliates, officers and directors of each Initial Purchaser referred to in Section 7 hereof. Nothing in this Agreement is intended or
shall be construed to give any other person any legal or equitable right, remedy or claim under or in respect of this Agreement or any provision contained herein. No purchaser of Securities from any Initial Purchaser shall be deemed to be a
successor merely by reason of such purchase. 
 12. Survival. The respective indemnities, rights of contribution, representations,
warranties and agreements of the Issuers, the Initial Guarantors and, upon execution and delivery of the Joinder Agreement, the Gemstar Guarantors and the Initial Purchasers contained in this Agreement or made by or on behalf of the Issuers, the
Initial Guarantors and, upon execution and delivery of the Joinder Agreement, the Gemstar Guarantors or the Initial Purchasers pursuant to this Agreement or any certificate delivered pursuant hereto shall survive the delivery of and payment for the
Securities and shall remain in full force and effect, regardless of any termination of this Agreement or any investigation made by or on behalf of the Issuers, the Guarantors or the Initial Purchasers. 
 13. Certain Defined Terms. For purposes of this Agreement, (a) except where otherwise expressly provided, the term “affiliate” has
the meaning set forth in Rule 405 under the 

  

 -28- 

 
Securities Act; (b) the term “business day” means any day other than a day on which banks are permitted or required to be closed in New York
City; (c) the term “subsidiary” has the meaning set forth in Rule 405 under the Securities Act; (d) the term “written communication” has the meaning set forth in Rule 405 under the Securities Act; and (e) the term
“significant subsidiary” has the meaning set forth in Rule 1-02 of Regulation S-X under the Exchange Act. 
 14.
Miscellaneous. 
 (a) Authority of the Representative. Any action by the Initial Purchasers hereunder may be taken by J.P.
Morgan Securities Inc. on behalf of the Initial Purchasers, and any such action taken by J.P. Morgan Securities Inc. shall be binding upon the Initial Purchasers. 
 (b) Notices. All notices and other communications hereunder shall be in writing and shall be deemed to have been duly given if mailed or transmitted and confirmed by any standard form of telecommunication.
Notices to the Initial Purchasers shall be given to the Representative c/o J.P. Morgan Securities Inc., 270 Park Avenue, New York, New York 10017 (fax: (212)-270-1063); Attention: Rajesh Kapadia. Notices to the Issuers and the Guarantors shall be
given to them at                     ,
                    ,
                    , (fax:            );
Attention:                    . 
 (c) Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of New York. 
 (d) Submission to Jurisdiction. Each Foreign Guarantor (A) acknowledges that it will, by separate written instrument, designate and appoint the Company (and any successor entity) as its authorized agent upon which process may be
served in any suit or proceeding arising out of or relating to this Agreement that may be instituted in any Federal or state court in the State of New York, New York County or brought under Federal or state securities laws, and acknowledge that the
Company will accept such designation, (B) submits for itself and its property to the non exclusive jurisdiction of any such court in any such suit or proceeding, (C) consents that any such proceeding may be brought in any such court and
waives trial by jury and any objection that it may now or hereafter have to the venue of any such proceeding in any such court or that such proceeding was brought in any inconvenient court and agrees not to plead or claim the same, (D) agrees
that a final judgment in any such suit or proceeding shall be conclusive and may be enforced in such Foreign Guarantor’s jurisdiction, (E) agrees that service of process upon the Company and written notice of said service to such Foreign
Guarantor in accordance with Section 14(b) shall be deemed in every respect effective service of process upon such Foreign Guarantor in any such suit or proceeding and (F) agrees that nothing herein shall affect the right to effect service
of process in any other manner permitted by law or shall limit the right to sue in any other jurisdiction. 
 To the extent that any Foreign
Guarantor may be entitled, in any jurisdiction in which judicial proceedings may at any time be commenced with respect to or arising out of this Agreement, to claim for itself or its revenues, assets or properties immunity (whether by reason of
sovereignty or otherwise) from suit, from the jurisdiction of any court (including but not limited to any court of the United States of America or the State of New York), from attachment prior to judgment, from set-off, from execution of a judgment
or from any other legal process, and to the extent that in any such jurisdiction there may be attributed such an immunity (whether or not claimed), such Foreign Guarantor hereby irrevocably agrees not to claim and hereby irrevocably waives such
immunity to the extent permitted by law. 
  

 -29- 

 (e) Judgment Currency. The Issuers and the Guarantors, jointly and severally, covenant and agree
that the following provisions shall apply to conversion of currency in the case of the Securities, the Guarantees and this Agreement: 
 (A) If for the purpose of obtaining judgment in, or enforcing the judgment of, any court in any country, it becomes necessary to convert into a currency (the “Judgment Currency”) an amount due in any other
currency (the “Base Currency”), then the conversion shall be made at the rate of exchange prevailing on the business day before the day on which the judgment is given or the order of enforcement is made, as the case may be (unless a court
shall otherwise determine). 
 (B) If there is a change in the rate of exchange prevailing between the business day before the
day on which the judgment is given or an order of enforcement is made, as the case may be (or such other date as a court shall determine), and the date of receipt of the amount due, the Issuers and the Guarantors will pay such additional (or, as the
case may be, such lesser) amount, if any, as may be necessary so that the amount paid in the Judgment Currency when converted at the rate of exchange prevailing on the date of receipt will produce the amount in the Base Currency originally due.

 (f) Counterparts. This Agreement may be signed in counterparts (which may include counterparts delivered by any standard form of
telecommunication), each of which shall be an original and all of which together shall constitute one and the same instrument. 
 (g)
Amendments or Waivers. No amendment or waiver of any provision of this Agreement, nor any consent or approval to any departure therefrom, shall in any event be effective unless the same shall be in writing and signed by the parties hereto.

 (h) Headings. The headings herein are included for convenience of reference only and are not intended to be part of, or to affect
the meaning or interpretation of, this Agreement. 
  

 -30- 

 If the foregoing is in accordance with your understanding, please indicate your acceptance of this
Agreement by signing in the space provided below. 
  

			
	Very truly yours,
	
	MACROVISION SOLUTIONS CORPORATION,
	as Issuer
		
	By:	 	 /s/ Alfred J. Amoroso

	Name:	 	Alfred J. Amoroso
	Title:	 	 President & CEO

	
	 MACROVISION CORPORATION,

 in its
individual capacity as Issuer

 and as Managing Member of

	ALL MEDIA GUIDE, LLC
	MACROVISION INTERNATIONAL HOLDINGS LLC AND
	 MACROVISION SERVICE LLC,

 each as
Guarantors

		
	By:	 	 /s/ Alfred J. Amoroso

	Name:	 	Alfred J. Amoroso
	Title:	 	President & CEO
	
	 MACROVISION EUROPE LIMITED,

 as
Guarantor

		
	By:	 	 /s/ James Budge

	Name:	 	James Budge
	Title:	 	Director
	
	ALL MEDIA GUIDE HOLDINGS, INC.
	MACROVISION TM CORPORATION AND
	 MOODLOGIC, INC.,

 as Guarantors

		
	By:	 	 /s/ Stephen Yu

	Name:	 	Stephen Yu
	Title:	 	Director

			
	Accepted: April 29, 2008
	
	J.P. MORGAN SECURITIES INC.
	
	 For itself and on behalf of the several Initial Purchasers listed in Schedule 1 hereto.

		
	By:	 	 /s/ Dan Alster

		 	Dan Alster
		 	Vice President

  

 -2- 

 EXHIBIT A 
 Form of Joinder Agreement 
 WHEREAS, the Issuers, the Initial Guarantors and the Initial Purchasers
named therein (the “Initial Purchasers”) heretofore executed and delivered a Purchase Agreement, dated April 29, 2008 (the “Purchase Agreement”), providing for the insurance and sale of the Notes; and

 WHEREAS, as a condition to the consummation of the offering of the Notes, each Gemstar Guarantor (as defined in the Purchase Agreement),
which was originally not a party thereto, has agreed to join in the Purchase Agreement on the Closing Date. 
 Capitalized terms used herein
and not otherwise defined herein shall have the meanings ascribed to such terms in the Purchase Agreement. 
 NOW, THEREFORE, each Gemstar
Guarantor party hereto hereby agrees for the benefit of the Initial Purchasers, as follows: 
 1. Joinder. Each of the undersigned
hereto acknowledges that it has received and reviewed a copy of the Purchase Agreement and all other documents it deems fit to enter into this Joinder Agreement (the “Joinder Agreement”), and acknowledges and agrees to (i) join
and become a party to the Purchase Agreement as indicated by its signature below; (ii) be bound by all covenants, agreements, representations, warranties and acknowledgments attributable to a Guarantor in the Purchase Agreement as if made by,
and with respect to, each signatory hereto; and (iii) perform all obligations and duties required of a Guarantor pursuant to the Purchase Agreement. 
 2. Representations and Warranties and Agreements of Gemstar Guarantors. Each of the undersigned hereby represents and warrants to and agrees with the Initial Purchasers that it has all the requisite corporate
or organizational power and authority to execute, deliver and perform its obligations under this Joinder Agreement and to consummate the transactions contemplated hereby, that this Joinder Agreement has been duly and validly authorized, executed and
delivered. 
 3. Counterparts. This Joinder Agreement may be signed in one or more counterparts (which may be delivered in original
form, facsimile or “pdf” file thereof), each of which shall constitute an original when so executed and all of which together shall constitute one and the same agreement. 
 4. Amendments. No amendment or waiver of any provision of this Joinder Agreement, nor any consent or approval to any departure therefrom, shall in
any event be effective unless the same shall be in writing and signed by the parties thereto. 
 5. Headings. The section headings
used herein are for convenience only and shall not affect the construction hereof. 

 6. APPLICABLE LAW. THE VALIDITY AND INTERPRETATION OF THIS JOINDER AGREEMENT, AND THE TERMS AND
CONDITIONS SET FORTH HEREIN SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. 
 IN WITNESS WHEREOF,
each of the undersigned has executed this agreement this [    ]th day of [        ], 2008. 
  

			
	 TV GUIDE, INC.,
 in its individual
capacity as Guarantor and

 as General Partner of
 ODS
TECHNOLOGIES, L.P.

 a Guarantor

		
	By:	 	  

	Name:	 	
	Title:	 	
	
	APTIV DIGITAL DEVELOPMENT SERVICES, LLC
	APTIV DIGITAL, INC.
	CONTINENTAL PAPER COMPANY
	DIRECTCOM NETWORKS, INC.
	EUROMEDIA GROUP, INC.
	FORTV HOLDINGS LLC
	GEMSTAR DEVELOPMENT CORPORATION
	GEMSTAR–TV GUIDE INTERACTIVE, LLC
	GEMSTAR–TV GUIDE INTERNATIONAL, INC.
	GEMSTAR–TV GUIDE MARKETING LLC
	G–TV GUIDE, LLC
	INDEX SYSTEMS INC
	 IPG DEVELOPMENT VENTURE, LLC

 JUMPTHESHARK.COM, INC.

	NETWORKS CTS, INC.
	ODS PROPERTIES, INC.
	PDT HOLDINGS, INC.
	SNTV ACQUISITION, INC.
	SNTV, LLC
	SPACECOM SYSTEMS, INC.
	STARSIGHT TELECAST, INC.
	TRACKSIDE LIVE PRODUCTIONS, LLC
	TV GUIDE AFFILIATE SALES & MARKETING, INC.
	TV GUIDE DATA SOLUTIONS, INC.

  

 -2- 

			
	TV GUIDE DISTRIBUTION, INC.
	TV GUIDE ENTERTAINMENT GROUP, INC.
	TV GUIDE ENTERTAINMENT PROPERTIES, INC.
	TV GUIDE INTERACTIVE GROUP, INC.
	TV GUIDE INTERACTIVE, INC.
	TV GUIDE INTERNATIONAL IPG, INC.
	TV GUIDE INTERNATIONAL, INC.
	TV GUIDE MAGAZINE GROUP, INC.
	TV GUIDE MEDIA SALES, INC.
	TV GUIDE MEDIA SERVICES, INC.
	TV GUIDE MOBILE ENTERTAINMENT, INC.
	TV GUIDE NETWORKS, INC.
	TV GUIDE ON SCREEN, INC.
	TV GUIDE ONLINE, INC.
	TV GUIDE ONLINE, LLC
	TV GUIDE PRODUCTIONS, INC.
	TV GUIDE VISION GROUP, INC.
	TV GUIDE, INC.
	TVSM PUBLISHING, INC.
	TVSM, INC.
	UNITED VIDEO PROPERTIES, INC.
	UV CORP.
	UV HOLDINGS, INC.
	UV VENTURES, INC.
	VIDEO TV, INC.,
	as Guarantors
		
	By:	 	  

	Name:	 	
	Title:	 	

  

 -3- 

			
	The foregoing Agreement is hereby confirmed and accepted as of the date first above written.
	
	J.P. MORGAN SECURITIES INC.
	
	For itself and as Representative of the other Initial Purchasers named in Schedule 1 to the Purchase Agreement.
		
	By:	 	  

	Name:	 	
	Title:	 	

  

 -4-

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