Saban Capital Acquisition Corp. c/o Saban Capital Group, Inc. 10100 Santa Monica Boulevard, 26th Floor Los Angeles, CA 900672 April 11, 2016Saban Capital Acquisition Corp. • April 20th, 2016 • Blank checks • New York
Saban Capital Acquisition Corp., a Cayman Islands exempted company (the “Company”), is pleased to accept the offer Saban Sponsor LLC, a Delaware limited liability company (the “Subscriber” or “you”), has made to purchase 5,750,000 of the Company’s Class F ordinary shares, $0.0001 par value per share (referred to as the “Shares” or the “Class F Shares”), up to 750,000 of which are subject to complete or partial forfeiture by you if the underwriters of the Company’s initial public offering (“IPO”) of units (“Units”) do not fully exercise their over-allotment option (the “Over-allotment Option”). For the purposes of this agreement, references to “Ordinary Shares” are to, collectively, the Class F Shares and the Company’s Class A ordinary shares, $0.0001 par value per share (the “Class A Shares”). Pursuant to the Company’s memorandum and articles of association, as amended from time to time (the “Articles”), Class F Shares will automatically convert into Class A shares on a one-for-one bas
