CONFIRMATION

EX-10.8 10 dex108.htm CONFIRMATION FOR WARRANTS - BANK OF AMERICA AND THE COMPANY Confirmation for Warrants - Bank of America and the Company

Exhibit 10.8

CONFIRMATION

 

Date:

    August 12, 2008

To:

    RadioShack Corporation (“Issuer”)

Telefax No.:

    (817) 415-2638

Attention:

    Raymond C. Vines, CPA, CTP
   Director - Treasury Operations

From:

    Bank of America, N.A. (“Bank”)

Telefax No.:

    (704) 208-2869

The purpose of this communication (this “Confirmation”) is to set forth the terms and conditions of the above-referenced Transaction entered into on the Trade Date specified below between you and us. This Confirmation supplements, forms a part of, and is subject to the Master Terms and Conditions for Warrants Issued by RadioShack Corporation, between Bank and Issuer, dated as of August 12, 2008 and as amended from time to time (the “Master Confirmation”).

1. The definitions and provisions contained in the Definitions (as such term is defined in the Master Confirmation) and in the Master Confirmation are incorporated into this Confirmation. In the event of any inconsistency between those definitions and provisions and this Confirmation, this Confirmation will govern.

2. The particular Transaction to which this Confirmation relates shall have the following terms:

 

Trade Date:

   August 12, 2008

Effective Date:

   August 13, 2008

Strike Price:

   USD36.6000

Premium:

   USD13,845,000.00

Premium Payment Date:

   August 18, 2008

Final Disruption Date:

   March 25, 2014

Maximum Delivery Amount:

   Two times the Number of Shares

For each Component of the Transaction, the Number of Warrants and Expiration Date are as set forth below.

 

Component Number

  

Number of Warrants

  

Expiration Date

1.   59,570   November 1, 2013
2.   59,570   November 4, 2013

 

A-1

3.   59,570   November 5, 2013
4.   59,570   November 6, 2013
5.   59,570   November 7, 2013
6.   59,570   November 8, 2013
7.   59,570   November 11, 2013
8.   59,570   November 12, 2013
9.   59,570   November 13, 2013
10.   59,570   November 14, 2013
11.   59,570   November 15, 2013
12.   59,570   November 18, 2013
13.   59,570   November 19, 2013
14.   59,570   November 20, 2013
15.   59,570   November 21, 2013
16.   59,570   November 22, 2013
17.   59,570   November 25, 2013
18.   59,570   November 26, 2013
19.   59,570   November 27, 2013
20.   59,570   November 29, 2013
21.   59,570   December 2, 2013
22.   59,570   December 3, 2013
23.   59,570   December 4, 2013
24.   59,570   December 5, 2013
25.   59,570   December 6, 2013
26.   59,570   December 9, 2013
27.   59,570   December 10, 2013
28.   59,570   December 11, 2013
29.   59,570   December 12, 2013
30.   59,570   December 13, 2013
31.   59,570   December 16, 2013
32.   59,570   December 17, 2013
33.   59,570   December 18, 2013
34.   59,570   December 19, 2013
35.   59,570   December 20, 2013
36.   59,570   December 23, 2013
37.   59,570   December 24, 2013
38.   59,570   December 26, 2013
39.   59,570   December 27, 2013
40.   59,570   December 30, 2013
41.   59,570   December 31, 2013
42.   59,570   January 2, 2014
43.   59,570   January 3, 2014
44.   59,570   January 6, 2014
45.   59,570   January 7, 2014
46.   59,570   January 8, 2014
47.   59,570   January 9, 2014
48.   59,570   January 10, 2014
49.   59,570   January 13, 2014
50.   59,570   January 14, 2014
51.   59,570   January 15, 2014
52.   59,570   January 16, 2014
53.   59,570   January 17, 2014
54.   59,570   January 21, 2014
55.   59,570   January 22, 2014

 

A-2

56.   59,570   January 23, 2014
57.   59,570   January 24, 2014
58.   59,570   January 27, 2014
59.   59,570   January 28, 2014
60.   59,570   January 29, 2014
61.   59,570   January 30, 2014
62.   59,570   January 31, 2014
63.   59,570   February 3, 2014
64.   59,570   February 4, 2014
65.   59,570   February 5, 2014
66.   59,570   February 6, 2014
67.   59,570   February 7, 2014
68.   59,570   February 10, 2014
69.   59,570   February 11, 2014
70.   59,570   February 12, 2014
71.   59,570   February 13, 2014
72.   59,570   February 14, 2014
73.   59,570   February 18, 2014
74.   59,570   February 19, 2014
75.   59,570   February 20, 2014
76.   59,570   February 21, 2014
77.   59,570   February 24, 2014
78.   59,570   February 25, 2014
79.   59,570   February 26, 2014
80.   59,570   February 27, 2014
81.   59,570   February 28, 2014
82.   59,570   March 3, 2014
83.   59,570   March 4, 2014
84.   59,570   March 5, 2014
85.   59,570   March 6, 2014
86.   59,570   March 7, 2014
87.   59,570   March 10, 2014
88.   59,570   March 11, 2014
89.   59,570   March 12, 2014
90.   59,652   March 13, 2014

 

A-3

Issuer hereby agrees (a) to check this Confirmation carefully and immediately upon receipt so that errors or discrepancies can be promptly identified and rectified and (b) to confirm that the foregoing (in the exact form provided by Bank) correctly sets forth the terms of the agreement between Bank and Issuer with respect to the Transaction, by manually signing this Confirmation or this page hereof as evidence of agreement to such terms and providing the other information requested herein or in the Master Confirmation and immediately returning an executed copy to John Servidio, Facsimile No.  ###-###-####.

 

Yours sincerely,
BANK OF AMERICA, N.A.
By:  

/s/ Christopher A. Hutmaker

Name:   Christopher A. Hutmaker
Title:   Managing Director

 

Confirmed as of the date first above written:
RADIOSHACK CORPORATION
By:  

/s/ James Gooch

Name:   James Gooch
Title:   Chief Financial Officer