Employee Letter Agreement Between Berggruen Holdings Employees and Freedom Acquisition Holdings, Inc.

Summary

This agreement is between an employee of Berggruen Holdings and Freedom Acquisition Holdings, Inc. It states that the employee will not present Freedom Acquisition with any potential business combination opportunities involving companies they have previously discussed with other companies, or companies that compete with Berggruen Holdings' portfolio companies, unless those portfolio companies have first declined the opportunity. The agreement is effective prior to Freedom Acquisition's initial public offering.

EX-10.27 12 g02502a3exv10w27.htm EX-10.27 FORM OF BERGGRUEN HOLDINGS' EMPLOYEE LETTER AGREEMENT EX-10.27 Form of Berggruen Holdings' Employee Lett

Exhibit 10.27

FORM OF LETTER AGREEMENT FOR BERGGRUEN HOLDINGS EMPLOYEES

FREEDOM ACQUISITION HOLDINGS, INC.

______________, 2006

[BH Employee]

Dear Mr./Ms. _____________:

This letter will confirm our agreement, that you will not present Freedom Acquisition Holdings, Inc. (the “Company”) with a potential business combination opportunity with a company (i) with which you have had any discussions, formal or otherwise, with respect to a business combination with another company prior to the consummation of the Company’s initial public offering or (ii) that is competitive with any portfolio company of Berggruen Holdings, Inc. until after you have presented the opportunity to such portfolio company and such portfolio company has determined not to proceed with that opportunity.


	Very truly yours, FREEDOM ACQUISITION HOLDINGS, INC.
	By:
	Name:
	Title:

AGREED TO AND ACCEPTED BY:


By:
Name: