PREFERRED UNIT PURCHASE AGREEMENTPreferred Unit Purchase Agreement • February 10th, 2023 • Sinclair Broadcast Group Inc • Television broadcasting stations • New York
THIS PREFERRED UNIT PURCHASE AGREEMENT (as amended, restated, supplemented or otherwise modified from time to time, this “Agreement”) is made and entered into as of February 10, 2023, by and among Sinclair Broadcast Group, Inc., a Maryland corporation (together with its successors and assigns, the “Parent”), Diamond Sports Holdings LLC, a Delaware limited liability company and an indirect subsidiary of the Parent (together with its successors and assigns, the “Company”), Preferred Equity Holding Co LLC, a Delaware limited liability company and an indirect subsidiary of the Parent (together with its successors and assigns, the “Buyer”) and JPMorgan Chase Funding Inc. (together with its successors and assigns, the “Seller”).
