EX-10.4 FOUNDERS' UNITS SUBSCRIPTION AGREEMENT

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EX-10.4 10 g02502exv10w4.htm EX-10.4 FOUNDERS' UNITS SUBSCRIPTION AGREEMENT EX-10.4 FOUNDERS' UNITS SUBSCRIPTION AGREEMENT
 

Exhibit 10.4
FOUNDERS’ UNITS SUBSCRIPTION AGREEMENT
TO THE BOARD OF DIRECTORS OF
FREEDOM ACQUISITION HOLDINGS, INC.:
          James N. Hauslein hereby subscribes for FORTY THOUSAND (40,000) units (“Units”) of Freedom Acquisition Holdings, Inc., a Delaware corporation (the “Corporation”) for an aggregate purchase price of ONE HUNDRED AND SIX DOLLARS AND 66/100 ($106.66), the receipt and sufficiency of which is hereby acknowledged. Each Unit shall consist of (i) one (1) share of the Corporation’s common stock, par value $0.0001 per share (the “Common Stock”) and (ii) one (1) warrant to purchase one share of Common Stock of the Corporation at $6.00 per share (each, a “Warrant”). Upon receipt by the Corporation of said consideration on this date, the Corporation shall issue to the undersigned a stock and warrant certificate or certificates (or, if not certificated, provide documentation reflecting the registration in the name of the undersigned on the stock and warrant ledgers of the Corporation) representing such fully paid and non-assessable shares of Common Stock and Warrants of the Corporation. The subscription will represent four-tenths of one percent (0.4%) of the total number of outstanding shares of Common Stock and Warrants of the Corporation. Following such issuance of shares of Common Stock and Warrants of the Corporation, the capitalization of the Corporation shall be as set forth on Schedule A hereto.
[Signature Page to Follow]

 

 

Dated: July 20, 2006
             
 
  By:   /S/ JAMES N. HAUSLEIN    
 
           
 
  Name:   James N. Hauslein    
Accepted and Agreed on this
20th day of July 2006:
FREEDOM ACQUISITION HOLDINGS, INC.
         
By:
  /S/ NICOLAS BERGGRUEN    
 
       
Name:
  Nicolas Berggruen    
Title:
  President    

 

 

SCHEDULE A
Capitalization of Freedom Acquisition Holdings, Inc.
                                 
    Number of   Number of   Number of   Percentage
Stockholder   Units   Shares   Warrants   Ownership
Berggruen Holdings North America Ltd
     4,627,500       4,627,500       4,627,500       49.4 %
Marlin Equities II, LLC
     4,627,500       4,627,500       4,627,500       49.4 %
Herbert A. Morey
     40,000       40,000       40,000       0.4 %
William P. Lauder
     40,000       40,000       40,000       0.4 %
James N. Hauslein
     40,000       40,000       40,000       0.4 %
 
                                
Total
     9,375 000       9,375,000       9,375,000       100 %