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Exhibit 2.1


AGREEMENT AND PLAN OF MERGER

        THIS AGREEMENT AND PLAN OF MERGER is made as of July 20, 2006, by and among LIBERTY MEDIA CORPORATION, a Delaware corporation ("Parent"), BUYSEASONS, INC., a Delaware corporation ("Company"), PUMPKIN MERGER SUB, INC., a Delaware corporation ("Merger Sub"), the Securityholders' Representative (as defined below) and those Securityholders (as defined below) of Company listed on the signature page hereto or on the signature page of a Joinder Agreement (as defined below) (each a "Holder" and collectively, the "Holders").

Recitals

        A.    This Agreement provides for Parent to acquire, by merger of Merger Sub with and into Company, all of the Securities of Company (other than the Specified Company Options which shall be converted pursuant to the terms hereof into stock appreciation rights in the Surviving Corporation), so that Company shall become an indirect wholly owned subsidiary of Parent (subject to the terms of such stock appreciation rights).

        B.    The acquisition shall be structured as follows: (i) Parent has formed Merger Sub as a new wholly owned first tier subsidiary of Liberty Media LLC, a Delaware limited liability company ("Liberty LLC") which in turn is a wholly owned first tier subsidiary of Parent; (ii) on the Closing Date, Merger Sub shall merge with and into Company, the separate corporate existence of Merger Sub shall cease, Company shall be the surviving corporation in the merger and each share of common stock of Merger Sub shall be converted into one share of stock of the surviving corporation; and (iii) as of the time of such merger, all of the Securities of Company (other than the Specified Company Options which shall be converted pursuant to the terms hereof into stock appreciation rights in the Surviving Corporation) prior to the merger shall be converted into the right to receive from Parent one or more payments of LINTA (as defined below), at the times and in the amounts set forth in this Agreement.

        C.    Liberty LLC is, and at all times from the date of this Agreement through and including the Closing Date will be, a wholly-owned first tier subsidiary of Parent and during such time is and will be disregarded as an entity separate from its owner (within the meaning of Treasury Regulations Section 301.7701-3(b)(1)(ii)) for U.S. federal income tax purposes (including Section 368 of the Code).

        D.    This Agreement and the transactions contemplated hereby have been approved by the Board of Directors of each of Parent, Merger Sub and Company. The Board of Directors of Merger Sub has resolved to recommend the approval of this Agreement and such transactions to its sole stockholder, and the Board of Directors of Company has resolved to recommend the approval of this Agreement and such transactions to all of its Stockholders.

        E.    For U.S. federal income tax purposes, it is intended that the Merger shall qualify as a reorganization within the meaning of Section 368(a) of the Internal Revenue Code of 1986, as amended (the "Code") and that this Agreement shall be and hereby is adopted as a plan of reorganization for purposes of Section 368 of the Code.



Agreement

        NOW, THEREFORE, in consideration of the mutual promises contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:

ARTICLE 1

CERTAIN DEFINITIONS

        1.1    Certain Definitions.    As used herein and in the Schedules and Exhibits hereto (unless a different meaning is specified therein), the following terms have the following respective meanings (such meanings to be equally applicable to both the singular and plural forms of the terms defined):

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Equation 1

(((11 × Adjusted Company EBITDA) - $45,000,000) - PC Deferred Payment) × the Non-Rolled Over Equity Percentage

Equation 2

($21,000,000 - PC Deferred Payment) × the Non-Rolled Over Equity Percentage

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        "Environmental Laws" means all applicable Laws as existing as of the date of this Agreement regarding protection of the environment (including ambient air, surface water, ground water, land surface or subsurface strata) and which are administered, interpreted or enforced by the United States Environmental Protection Agency or state and local agencies with jurisdiction over pollution or protection of the environment, including, without limitation, the Comprehensive Environmental Response Compensation and Liability Act, as amended, 42 U.S.C. §§ 9601 et seq., and the Resource Conservation and Recovery Act, as amended, 42 U.S.C. §§ 6901 et seq.

        "Equity Rights" means all arrangements, calls, commitments, Contracts, options, rights to subscribe to, warrants, or other binding obligations of any character whatsoever relating to, or securities or rights convertible into or exchangeable for, shares of the capital stock of a Person or by which a Person is or may be bound to issue additional shares of its capital stock, member interests or similar rights or any other security.

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5


Fully Diluted Shares of Company Common Stock



Fully Diluted Shares of Company Common Stock + 176,636 (which is the number of shares of Company Common Stock issuable upon exercise of the Specified Company Options assuming payment in cash of the exercise price thereof)

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        1.2    Index to Certain Defined Terms.    Each term set forth below is defined in the referenced Section:

Term

  Section
Accountants   3.4(b)
Accounts Receivable   4.10
     

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Antitrust Division   7.8(a)
Business Plan   Exhibit C
Code   Recital D
Claim   10.8
Closing   2.2(a)
Closing Date   2.2(a)
Closing Holder   3.2(b)
Closing Payment   3.2
Company   Introduction
Company Benefit Plans   4.16(a)
Company ERISA Plan   4.16(a)
D&O Insurance   11.6
Deferred Merger Payments   3.4(a)
Deferred Payment Date   3.4(a)
Disclosure Schedule   Article 4 Introduction
Disagreement   3.4(b)
Effective Time   2.3
Equipment   4.11
Escrow   3.3(a)
Escrow Agent   3.3(a)
Escrow Agreement   3.3(a)
Escrow Release Payment   3.3(b)
Final Securityholder Schedule   3.2(d)
Financial Statements   4.7
FTC   7.8(a)
Holders   Introduction
Intellectual Property   4.14
Joinder Agreement   8.2(f)
Leased Real Property   4.12
Liberty LLC   Recital B
Material Contracts   4.13(a)
Merger   2.1(a)
Merger Sub   Introduction
Non-Disturbance Agreement   4.12
Parent Introduction    
Parent Director   11.1(a)
Parent Disclosure Schedule   Article 6 Introduction
Parent Indemnitees   10.2(b)
Personal Property Leases   4.11
Real Property Leases   4.12
Registered Trade Rights   4.14
Registration Rights Provisions   2.9
Restricted Stock Agreement   8.2(t)
Securityholder Director   11.1(a)
Securityholders' Representative   2.10
Special Meeting   7.1
Securityholder Consent   7.1
Termination Date   9.2
Unregistered Trade Rights   4.14
Vehicles   4.11

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ARTICLE 2

MERGER; CLOSING; SECURITYHOLDERS' REPRESENTATIVE

        2.1    Merger.    

        2.2    Closing.    

        2.3    Effective Time.    On the Closing Date, Company and Merger Sub shall cause the Certificate of Merger to be executed and filed with the Secretary of State of the State of Delaware in such form and executed as provided in the Corporate Law. The Merger shall become effective at the time the Secretary of State of the State of Delaware accepts for filing the Certificate of Merger or at such later time as may be agreed by the Parent and the Company and established under the Certificate of Merger (the "Effective Time").

        2.4    Certificate of Incorporation.    The certificate of incorporation of the Company shall be amended so that the certificate of incorporation of Merger Sub attached as Exhibit A in effect immediately prior to the Effective Time shall be the certificate of incorporation of the Surviving Corporation until otherwise amended in accordance with applicable Law, except that the name of the Surviving Corporation shall be Buyseasons, Inc.

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        2.5    Bylaws.    The bylaws of Merger Sub in effect immediately prior to the Effective Time shall be the bylaws of the Surviving Corporation until otherwise amended.

        2.6    Directors.    Subject to the provisions of Section 11.1 relating to the election of directors, the directors of Merger Sub immediately prior to the Effective Time shall, from and after the Effective Time, be the directors of the Surviving Corporation until their successors have been duly elected or appointed and qualified or until their earlier death, resignation or removal in accordance with the certificate of incorporation and bylaws of the Surviving Corporation.

        2.7    Officers.    The Parties shall take appropriate action so that the individuals set forth on Schedule 2.7 shall, from and after the Effective Time, be the officers of the Surviving Corporation holding the offices set forth on Schedule 2.7 until their successors have been duly elected or appointed and qualified or until their earlier death, resignation or removal in accordance with the certificate of incorporation and bylaws of the Surviving Corporation.

        2.8    Appraisal Rights.    By execution of this Agreement or a Joinder Agreement, each Holder waives any and all rights it may have as a dissenter or to any appraisal rights with respect to the Securities held by such Holder, including any rights pursuant to Section 262 of the Corporate Law.

        2.9    Registration Rights.    Each Holder who executes this Agreement or a Joinder Agreement shall be deemed to have agreed to the registration rights provisions in substantially the same form attached as Exhibit D (the "Registration Rights Provisions") and shall have the registration and other rights, and shall be subject to the restrictions and obligations, provided in such Registration Rights Provisions. The Parties hereto stipulate and agree that their agreement to the Registration Rights Provisions is intended to provide such Holders with flexibility in liquidating their investment in LINTA and does not evidence any present intention to dispose of such investment.

        2.10    Securityholders' Representative.    By execution of this Agreement or the Joinder Agreement, each Holder authorizes and appoints Jeffrey B. Rusinow as the "Securityholders' Representative." The Securityholders' Representative is authorized and appointed by each Holder as his, her or its exclusive agent and attorney-in-fact to do any and all things and to execute any and all Transaction Agreements, other than the Joinder Agreement, (which, for the avoidance of doubt, excludes any Employment Agreement or Non-Competition Agreement which such Holder may be a party to) or other papers, in such Holder's name, place and stead, in any way which such Holder could do if personally present, with respect to all matters which are the subject of the Transaction Agreements, other than the Joinder Agreement, including, without limitation, (a) receiving or giving all notices, instructions, other communications, consents or agreements that may be necessary, required or given thereunder, (b) amending or otherwise modifying this Agreement or any other Transaction Agreement, other than the Joinder Agreement, and (c) asserting, settling, compromising, waiving or defending, or determining not to assert, settle, compromise or defend, (i) any claim which any Holder may assert, or have the right to assert, against Parent, or (ii) any claim which a Parent Indemnitee may assert, or have the right to assert, against any Holder. Upon the receipt of written evidence satisfactory to Parent to the effect that Jeffrey B. Rusinow (or any subsequent Securityholders' Representative) has died, become disabled, incapacitated or resigned, and that another Holder or other Person has been appointed as a substitute Securityholders' Representative by a majority in interest (based on Company Common Stock ownership immediately prior to the Effective Time) of the Holders or their successors, such Person shall be vested with the power and authority of a Securityholders' Representative as set forth in this Section 2.10 and Parent shall be entitled to rely on such substitute Securityholders' Representative to the same extent as it was entitled to rely upon the original Securityholders' Representative with respect to the matters covered by this Section 2.10. No Holder shall act with respect to any of the matters which are the subject of this Agreement except through the Securityholders' Representative. The Holders acknowledge and agree that Parent may deal exclusively with the Securityholders' Representative in respect of such matters, that the enforceability of this Section 2.10 is material to Parent, and that

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Parent has relied upon the enforceability of this Section 2.10 in entering into this Agreement. The Parties waive any and all claims against the Securityholders' Representative arising out of or in connection with his or her actions or failures to act in the capacity of the Securityholders' Representative under or in connection with this Agreement, the Transaction Agreements and the transactions contemplated hereby and thereby except as may be caused by the gross negligence or willful misconduct of the Securityholders' Representative. For the avoidance of any doubt, the Parent Indemnitees are not hereby waiving any indemnification or other claims they may have against the Securityholders' Representative in his or her capacity as a Holder. The Holders shall jointly and severally indemnify the Securityholders' Representative and hold him or her harmless from and against any and all Losses and Liabilities arising out of or in connection with his or her actions or failures to act under or in connection with this Agreement, the Transaction Agreements and the transactions contemplated hereby and thereby except as may be caused by the gross negligence or willful misconduct of the Securityholders' Representative. The Securityholders' Representative may at any time resign without liability by giving written notice of such resignation to the Company (or the Surviving Corporation after the Merger) and the Parent.

ARTICLE 3

MERGER CONSIDERATION

        3.1    Conversion of Shares in Merger.    Subject to the provisions of this Article 3, at the Effective Time, by virtue of the Merger and without any action on the part of Parent, Company, Merger Sub or the holders of securities of any of the foregoing:

        3.2    Payments as of Closing.    

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        3.3    Escrowed Shares.    

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        3.4    Deferred Merger Payment.    

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        3.5    Stock Certificates.    Each certificate representing shares of LINTA constituting the Merger Consideration (unless previously registered under applicable Securities Laws) shall bear the following legend (and the shares of LINTA issued in exchange for the Specified Getz Options will bear any additional legends required by the Restricted Stock Agreement):

        3.6    Procedures for Exchange.    

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        3.7    Fractional Shares.    No fractional shares of LINTA shall be issued to any Securityholder in connection with the payment of any component of the Merger Consideration. To the extent that the issuance of shares of LINTA in connection with the payment of any component of the Merger Consideration to a Securityholder, following the aggregation of all fractional share interests that would otherwise be issued to Securityholder in respect of all Securities held by such Securityholder in the Company, would otherwise result in the issuance of a fraction of a share, fractions less than .5 shall be rounded down, and fractions equal to or greater than .5 shall be rounded up, to the nearest whole share.

        3.8    Withholding Rights.    No shares of LINTA shall be issued to any Securityholder with respect to any compensatory Unexercised Company Securities held by such holder immediately prior to the Effective Time in connection with any component of the Merger Consideration until arrangements have been made with Parent to satisfy all applicable withholding Taxes required by federal, state, local or foreign law to be paid in connection with the payment of such component of Merger Consideration to such holder. A Securityholder may satisfy the applicable withholding Tax obligations by paying the amount of any such withholding Taxes in cash or check (subject to collection) to Parent. Alternatively, Securityholder may satisfy such withholding Tax obligations by delivery, together with such other documentation as Parent in its sole reasonable discretion shall require, of irrevocable instructions by Securityholder to a broker-dealer (approved by Parent), acting as agent for such Securityholder, (i) to sell a sufficient number of shares of LINTA issued to Securityholder pursuant to the Merger (other than Escrowed Shares) in open market transactions, and (ii) to deliver to Parent the amount of proceeds from such sale necessary to satisfy the applicable withholding Tax obligations of such Securityholder; provided, however, that (a) the delivery by Parent to the approved broker of shares of LINTA to be sold pursuant to the Securityholder's instructions, (b) the broker's delivery to Parent of an amount of proceeds from such sale sufficient to satisfy the applicable withholding Tax obligations of such Securityholder, and (c) the broker's delivery of the net proceeds of the sale to the Securityholder, take place no later than three (3) Business Days following the later of (x) the determination of the applicable withholding Tax obligations of such Securityholder (as set forth below) and (y) the date the applicable instructions and other documentation (as determined by Parent above) are delivered. All commissions, transfer taxes and other out-of-pocket transaction costs, if any, including the expenses and compensation, if any, of the broker, incurred in connection with such sale of shares of LINTA in accordance with this provision, shall be deducted from the proceeds otherwise distributable to the Securityholder or otherwise paid by the Securityholder. The amount of the applicable withholding Taxes shall be determined by the Surviving Corporation no later than one (1) Business Day following the Closing Date or the Deferred Payment Date (as applicable), and such determination shall be subject to the review and approval of Parent. The mean of the high and low trading prices of LINTA shares on the Closing Date or the Deferred Payment Date (as applicable) as reported by the principal U.S. stock exchange or inter-dealer quotation system on which such stock trades shall be used for purposes of computing and reporting taxable income. No shares of LINTA issued to any Securityholder with respect

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to any compensatory Unexercised Company Securities held by such holder immediately prior to the Effective Time in connection with any component of the Merger Consideration shall be reported as compensation subject to the additional tax pursuant to Code Section 409A, except as required by applicable Law.

ARTICLE 4

REPRESENTATIONS AND WARRANTIES REGARDING COMPANY

        The Company and the Holders jointly and severally represent and warrant to Parent as follows, except as disclosed in the disclosure schedule accompanying this Agreement which is numbered to correspond to the section numbers in this Article 4 (the "Disclosure Schedule"):

        4.1    Organization, Standing and Power.    Company is a corporation duly organized, validly existing and in good standing under the Laws of the State of Delaware and has all requisite corporate power and authority to carry on its business as it is now being conducted and to own, lease and operate all of its properties and Assets. Company is duly qualified or licensed to do business and is in good standing in each jurisdiction in which the ownership of its Assets or the conduct of its business requires such qualification, all of which jurisdictions are listed on Schedule 4.1 attached hereto. Company has delivered correct and complete copies of the Company's Organizational Documents, minute books and stock records to Parent for review.

        4.2    Authorization and Approval.    Company has all requisite corporate power and authority, and has taken all corporate action necessary, to execute, deliver and perform its obligations under this Agreement, the Certificate of Merger and to consummate the transactions contemplated hereby (except for such actions provided by this Agreement to occur following execution but prior to the Closing, which actions shall have been taken prior to the Closing). This Agreement is the valid and binding agreement of Company enforceable against Company in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar Laws of general applicability relating to or affecting creditors' rights and to general equity principles. Assuming adoption of this Agreement and approval of the Merger at the Special Meeting or by a Securityholder Consent executed by the requisite number of the Company's stockholders, this Agreement, the Certificate of Merger and the Merger shall have been duly and validly authorized and approved by all requisite corporate action on the part of the Company and the Securityholders.

        4.3    No Conflict or Violation.    Except as set forth in Schedule 4.3, neither the execution and delivery of this Agreement and the Certificate of Merger by Company, nor the consummation by Company of the transactions contemplated hereby, nor the compliance by Company with any of the provisions hereof, shall, assuming adoption of this Agreement and approval of the Merger at the Special Meeting or by a Securityholder Consent executed by the requisite number of the Company's stockholders, (a) violate or conflict with any provision of the Organizational Documents of the Company; (b) result in a breach of, or a default under, any provision of any Material Contract to which Company is a party or bound or to which any property, Asset or capital stock of any entity in Company is subject, or an event which, with notice, lapse of time, or both, would result in any such breach or default; (c) result in the creation of any Lien on any Asset, property or capital stock or equity interest of any entity in Company; or (d) result in a violation by any entity in Company of any material Law or Order (or an event which with notice, lapse of time, or both, would result in any such violation).

        4.4    Consents and Approvals.    Schedule 4.4 sets forth all material notices and filings required to be made and all material authorizations, declarations, consents, or approvals of any Governmental Authority or any other Person required to be obtained in order for the Parties to consummate the transactions contemplated hereby, other than the required filing of the Certificate of Merger with the Secretary of State of the State of Delaware.

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        4.5    Capital Stock.    The authorized capital stock of Company consists of two million, two hundred thousand (2,200,000) shares, consisting of two million (2,000,000) shares of Company Common Stock, of which seven hundred and sixteen thousand, three hundred eighty-eight (716,388) shares are issued and outstanding on the date of this Agreement, and two hundred thousand (200,000) shares of Company Preferred Stock. One hundred twenty-five thousand (125,000) shares of Company Preferred Stock are designated as Series A Convertible Preferred Stock, of which 125,000 shares are issued and outstanding on the date of this Agreement, and fifty-three thousand, nine hundred eighty-nine (53,989) shares of Company Preferred Stock are designated as Series B Convertible Preferred Stock, of which fifty-three thousand, nine hundred and eight-nine (53,989) shares are issued and outstanding on the date of this Agreement. There is no other class or series of equity securities outstanding. All of the Company Common Stock and Company Preferred Stock is duly authorized, validly issued, fully paid and nonassessable, and is owned of record and beneficially by the Securityholders in the amounts set forth on Schedule 4.5, free and clear of Liens, except for any Liens that would not prevent, delay or make unlawful the consummation of the transactions contemplated hereby as provided herein. Schedule 4.5 sets forth all outstanding Equity Rights to acquire shares of Company Common Stock or Company Preferred Stock on the date of this Agreement and the exercise prices and expiration dates thereof and there are no Equity Rights to acquire any other capital stock or security of the Company. As of the Effective Time, there shall be no outstanding Company Preferred Stock or Equity Rights to acquire any shares of Company Preferred Stock. There is no outstanding or authorized stock appreciation, phantom stock, profit participation, or similar rights with respect to the Company. The shares of Company Common Stock and Company Preferred Stock were not issued in violation of any preemptive or similar right of any Person and have not been transferred in violation of, and are not currently subject to, any right of first refusal or similar right of any Person. Except as set forth on Schedule 4.5, the shares of Company Common Stock and Company Preferred Stock are not subject to any voting trust, proxy or other voting agreements or understandings with respect to the voting of the capital stock of Company. All shares of Company Common Stock and Company Preferred Stock have been issued by the Company in transactions exempt from registration under the Securities Laws, and the Company has not violated any Securities Laws in connection with the issuance of any such shares. There are no declared or accrued unpaid dividends with respect to any shares of Company Common Stock.

        4.6    Subsidiaries; Investments.    Company does not now own, directly or indirectly, and has never owned, directly or indirectly, any stock of, or any other investment or interest (whether equity or debt) in, any Person.

        4.7    Financial Statements.    Attached hereto as Schedule 4.7 are the audited balance sheets of Company as of March 31, 2006 and the related statements of earnings, stockholders' equity and cash flows of Company for the Fiscal Year ended March 31, 2006 (including the notes related thereto). The foregoing financial statements are sometimes referred to herein as the "Financial Statements." Except as expressly set forth or disclosed in the notes, exhibits or schedules to the Financial Statements, the Financial Statements (i) are in accordance with the books and records of Company, which have been properly maintained and are complete and correct in all material respects, (ii) have been prepared in accordance with GAAP, consistently applied, (iii) present fairly in accordance with GAAP the financial position of Company as of the dates indicated and present fairly in accordance with GAAP the results of Company's operations for the periods then ended, (iv) disclose all material Liabilities, including contingent and/or unmatured Liabilities as of the dates thereof, which are required by GAAP to be disclosed thereon, and (v) reflect reserves which are substantially adequate for all known Liabilities and reasonably anticipated losses in accordance with GAAP.

        4.8    Absence of Undisclosed Liability.    Except as set forth on Schedule 4.8, Company does not have any material Liabilities which are required by GAAP to be disclosed except those that are accrued or reserved against in the Financial Statements. Company has not incurred or paid any material Liability

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that would be required by GAAP to be disclosed since March 31, 2006 except for such Liabilities incurred or paid in the Ordinary Course of Business consistent with past business practice and which are fully reflected on the books and records of Company. Except as set forth in Schedule 4.8, the Company is not (i) a guarantor or otherwise liable by Contract for any Liability of any other Person, (ii) obligated in any way to provide funds in respect of any other Person, or (iii) obligated to guaranty or assume any debt, commitment or dividend of any Person.

        4.9    Absence of Certain Changes or Events.    Since March 31, 2006, except as disclosed in the audited Financial Statements, as contemplated or required by the terms of this Agreement, or as set forth on Schedule 4.9, there have been no events, changes or occurrences which have had, or are reasonably likely to have, individually or in the aggregate, a Material Adverse Effect on the Company. Without limiting the generality of the foregoing, except as set forth on Schedule 4.9, since March 31, 2006, the Company has not:

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        4.10    Accounts Receivable.    Except as set forth on Schedule 4.10, the accounts receivable of Company (collectively, the "Accounts Receivable") are (a) validly existing, (b) enforceable by Company in accordance with the terms of the instruments or documents creating them, (c) owned by Company free and clear of all Liens other than Permitted Liens and (d) shall be collectible within one year after the Closing Date at the full recorded amount thereof less any reasonable allowance for uncollectible accounts receivable that is reflected in the Financial Statements or the periodic financial statements of the Company prepared in accordance with the past practices of the Company following the period set forth in the Financial Statements. The Accounts Receivable represent monies due for, and have arisen solely out of, bona fide performance of services and other business transactions in the Ordinary Course of Business. Schedule 4.10 contains a true, correct and complete list of the Accounts Receivable of Company as of the last day of the month immediately preceding the month in which this Agreement is executed, categorizing each by its age (i.e., 1-30 days old, 31-60 days old, 61-90 days old, or over 90 days old).

        4.11    Personal Property.    Schedule 4.11 contains a true and correct list and a description (including serial number and vehicle registration or tag number) of all automobiles, motor vehicles and airplanes owned or leased by Company (the "Vehicles") indicating, with respect to each, those that are owned by Company and those that are leased by Company. Schedule 4.11 contains a true and correct list and a brief description of all machinery, equipment, tools, computer equipment, office equipment, business machines, telephones and telephone systems, parts, accessories and the like owned or leased by Company which, when purchased, had a value in excess of $500 (the "Equipment") indicating, with respect to each, those that are owned by Company and those that are leased by Company. Schedule 4.11 contains a true and correct list and a brief description of all furniture and fixtures and all other items of personal property other than Vehicles and Equipment which, when purchased, had a value in excess of $500 indicating, with respect to each, those that are owned Company and those that are leased by Company and the value of each item. Company has good, valid and marketable title to all of the furniture, fixtures, Equipment, Vehicles, and other items of personal property owned by it (whether or not disclosed on Schedule 4.11), and good and valid leasehold interests with respect to all such property leased by it, free and clear of all Liens, except for Permitted Liens and except as disclosed on Schedule 4.11. Schedule 4.11 contains a true and correct list of all leases pursuant to which

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Company leases any personal property (the "Personal Property Leases"), and such Schedule 4.11 indicates whether a Securityholder, any Affiliate of the Company or any Related Party has any material direct or indirect interest in such Personal Property Leases. Each Personal Property Lease, a true and complete copy of which has been delivered by Company to Parent, is in full force and effect, and assuming that the Company has received the consents necessary to permit Surviving Corporation to be the lessee under such leases and agreements without default under such leases and agreements shall continue to be in full force and effect immediately following the Merger, and there is no existing default or event of default, real or claimed, by Company or, to the Knowledge of Company, by any other party thereto.

        4.12    Real Property.    Company does not own any real property. Schedule 4.12 contains a true and correct list of each parcel of real property currently leased by Company (the "Leased Real Property"). Company has good and valid leasehold interests with respect to all of the Leased Real Property, free and clear of all Liens, except for Permitted Liens and except as disclosed on Schedule 4.12. Schedule 4.12 contains a true and correct list of all leases pursuant to which Company leases the Leased Real Property and any amendments, extensions, and renewals thereof (the "Real Property Leases"), and such Schedule 4.12 indicates whether (a) any Securityholder, any Affiliate of the Company or any Related Party has any material direct or indirect interest in such Real Property Leases and (b) Company is a sublessee under any such Real Property Lease and, if so, whether there exist any non-disturbance agreements with respect to Company's rights as a sublessee (each, a "Non-Disturbance Agreement"). Each Real Property Lease and Non-Disturbance Agreement, true and complete copies of which have been delivered by Company to Parent, is in full force and effect, and, assuming that the Company has received the consents necessary to permit Surviving Corporation to be the tenant under such leases and agreements without default under such leases and agreements shall continue to be in full force and effect immediately following the Merger, and to the Knowledge of the Company, there is no existing default or event of default, real or claimed, by Company, by any other party thereto, or any event which, with notice or lapse of time or both, would constitute a default thereunder by Company or, to the Knowledge of Company, by any other party thereto. Except as set forth on Schedule 4.12, the Leased Real Property constitutes all of the real property, buildings and improvements used by Company in its businesses and is suitable for the purposes for which it is presently used. The Leased Real Property is supplied with utilities and other services necessary for the operation thereof. The Leased Real Property is free from material defects, has been maintained in accordance with normal industry practice, is in good operating condition and repair and is suitable for the purposes for which it is presently being used. To the Company's Knowledge, the Leased Real Property has received all material approvals of Governmental Authorities (including permits) required in connection with the occupation and operation thereof and has been occupied, operated and maintained in accordance with Law. There are no oral agreements, waivers or forbearance programs in effect as to any Real Property Lease.

        4.13    Material Contracts.    

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        4.14    Intellectual Property.    Schedule 4.14 contains a correct and complete list of all registered (a) foreign and United States patents, patent applications, trademarks, trade names, service marks and copyrights, (b) designs, art work, designs-in-process, formulations, prototypes and inventions, in each case, whether or not patentable, and (c) computer software owned or licensed or used in its business by Company other than commercially available software under a standard "shrink-wrap" license (collectively, the "Registered Trade Rights"), indicating, with respect to each, those that are owned by Company and those that are leased or licensed by Company. As a result of its creation or use in the marketplace, the Company also has certain rights related to various unregistered trademarks, trade names, service marks, copyrights, designs, art work, designs-in-process, formulations, prototypes, inventions, and computer software owned or licensed or used in its business by Company (collectively, the "Unregistered Trade Rights"). The aggregation of the Registered Trade Rights and the Unregistered Trade Rights shall collectively be the "Intellectual Property". Except as set forth on Schedule 4.14, Company owns and to the Knowledge of Company has the sole and exclusive right to use the Intellectual Property, including possession of, or ready access to, the source code for all software in its most recent version, and such items are not subject to any Liens of any kind. Except as set forth on

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Schedule 4.14, Company has not granted any license, or entered into any Contract, relating in whole or in part to any of the Intellectual Property. There is no pending or, to the Knowledge of Company, threatened infringement or other unresolved adverse claim against the rights of Company with respect to any of the Intellectual Property. Company has not been charged with or, to the Knowledge of Company, been threatened to be charged with, nor to the Knowledge of Company is there any basis for any unresolved charge of, infringement or other violation of, nor to the Knowledge of Company has Company infringed, nor to the Knowledge of Company is it infringing, any unexpired patent, trademark, trademark registration, trade name, service mark, copyright, copyright registration or other proprietary right of any Person in connection with the operation of Company's business as presently conducted. Company owns, has licensed or to the Knowledge of Company otherwise has the right to use all Intellectual Property necessary for the conduct of its businesses as presently conducted. To the Knowledge of Company, the consummation of the transactions contemplated hereby shall not alter or impair any of such rights. To the Knowledge of Company, all software used in Company's business is free from any significant defect or programming or documentation error, operates and runs in a reasonable and efficient manner, conforms to the stated specifications thereof, and, with respect to software owned by the Company, the applications can be recreated from their associated source codes. The Company has not knowingly altered its data, or any software or supporting software which may, in turn, damage the integrity of the data, stored in electronic, optical, or magnetic or other form. To the Knowledge of Company, Company owns all necessary rights to any domain names used in the conduct of the Company's business.

        4.15    Tax Matters.    Except as set forth on Schedule 4.15:

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        4.16    Employee Benefit Plans.    

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        4.17    Assets.    Except as disclosed in Schedule 4.17 or as disclosed or reserved against in the Financial Statements, Company has good and marketable title to all of its owned Assets, subject only to Permitted Liens, and has a valid leasehold interest to all of its leased Assets, subject only to Permitted Liens. None of any Securityholders, any Affiliate of Company, any Related Party of any of them, nor any third party, including customers or parties to the Company's Contracts, owns or leases any of the Assets used by Company in its businesses or set forth on the Company's Financial Statements. Except as disclosed in Schedule 4.17, all of the Assets owned or used by Company in its businesses, and all assets paid for by Company at any time and not disposed of in the Ordinary Course of Business, are located on the Leased Real Property.

        4.18    Litigation.    Except as set forth on Schedule 4.18, (a) there is no Litigation pending or, to the Knowledge of Company, threatened against Company or its Assets; and (b) Company is not subject to any Order, and there are no unsatisfied judgments against Company imposed by a Governmental Authority.

        4.19    Compliance With Laws.    Company is, and has conducted their businesses, in compliance with all applicable Laws in all material respects, including without limitation, the Davis Bacon Act, Fair Labor Standards Act and the Worker Adjustment and Retraining Notification Act, 29 U.S.C.§§ 2101-2109, to the extent applicable. To the Knowledge of Company, Company and its officers, directors and employees hold all material licenses, permits, registrations and other authorizations required to

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conduct their businesses as conducted prior to the Effective Time, and all such licenses, permits, registrations and other authorizations are valid and in full force and effect and shall continue to be in full force and effect immediately following the Merger. Company is in compliance in all material respects with all such licenses, permits, registrations and authorizations. Company has not received any written notification or written communication from any Governmental Authority (a) asserting that Company is not, or has not been, in compliance with any Law or (b) threatening to revoke any material license, permit, registration or authorization. Neither the Company nor any director, officer, agent, employee or other person acting on behalf of the Company has, in the course of acting for, or on behalf of, the Company, (i) directly or indirectly used any corporate funds for any unlawful contribution, gift, entertainment or other unlawful expenses relating to political activity; (ii) directly or indirectly made any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds; (iii) violated or is in violation of any provision of the U.S. Foreign Corrupt Practices Act of 1977, as amended, or any similar treaties of the United States; or (iv) directly or indirectly made any bribe, rebate, payoff, influence payment, kickback or other unlawful payment to any foreign or domestic government or party official or employee.

        4.19    Environmental Matters.    Except as disclosed on Schedule 4.20:

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        4.21    Insurance.    The Company, and all of Company's properties and Assets of an insurable nature and of a character usually insured by companies of similar size and in similar businesses, are and have been, without lapse, continuously insured by Company in such amounts and against such Losses, liabilities, casualties or risks as is (a) required by any Law or (b) required by any Contract of Company. Schedule 4.21 contains a complete and accurate list of all insurance policies held or owned by Company relating to its businesses now in force, and such Schedule 4.21 indicates the name of the insurer, the type of policy, the risks covered thereby, the amount of the premiums, the term of each policy, the policy number and the amounts of coverage and deductible in each case and all outstanding claims thereunder. Correct and complete copies of all such policies have been provided for review to Parent by Company on or before the date of this Agreement. All such policies are in full force and effect and enforceable in accordance with their terms, and to the Knowledge of Company, no insurer under such a policy is insolvent. Company is not in default regarding the provisions of any such policy, including, without limitation, failure to make timely payment of all premiums due thereon, and Company has not failed to give any notice of potential claims or occurrences within the meaning of, or as required by, such policies. Company has not been refused, or denied renewal of, any insurance coverage, nor has its coverage been limited, by any insurance carrier to which it has applied for any such insurance or with which it has carried insurance, in connection with the ownership or use of their properties or Assets or the operation of their business.

        4.22    Employee and Labor Matters.    Schedule 4.22 lists all employees of Company as of May 31, 2006 and shows for each such employee: (i) his or her position and title; (ii) his or her date of hire and, if different, deemed date of hire (for service credits in connection with employee benefit plans); (iii) his or her salary; (iv) his or her unpaid wages owed and/or accrued vacation time and accrued personal time as of May 31, 2006; and (v) any bonuses paid to him or her with respect to the Fiscal Year ended March 31, 2006, or earned or promised to him or her in a binding agreement with respect to the current Fiscal Year. Except as set forth on Schedule 4.22, Company has paid, or has accrued on the Financial Statements, and performed all obligations when due with respect to its employees, officers and directors, including without limitation the payment of any accrued and payable wages, severance pay, vacation pay, benefits and commissions. Except as disclosed on Schedule 4.22, the employment of all employees of Company is terminable at will by Company without any penalty or severance obligation being incurred by Company. Except as disclosed on Schedule 4.22, there is no management, employment, severance, consulting, relocation or other agreement, contract or understanding between Company and any employee. None of Company's employees is subject to any covenant against competition or similar agreement that would limit his or her ability to participate in all aspects of Company's businesses at any present or future location. Except as disclosed on Schedule 4.22, (a) Company is not and have not been within the last five (5) years a party to, or subject to compliance with, any union agreement or collective bargaining agreement or work rules or practices agreed to with any labor organization or employee association, and (b) no attempt to organize any of Company's employees has occurred within the last five (5) years, is pending or to the Knowledge of Company, has been proposed or threatened. Except as disclosed on Schedule 4.22, (a) Company has not had during the last five (5) years any Equal Employment Opportunity Commission charges or other claims of employment discrimination or wrongful discharge made against it by any of its employees or any Wage and Hour Department investigations of Company with respect to its employees or independent contractors, and (b) Company has no currently pending or to the Knowledge of Company, threatened Equal Employment Opportunity Commission charges or other claims of employment discrimination or wrongful discharge made against it by any of its employees or Wage and Hour Department investigations of Company with respect to its employees or independent contractors. Except as disclosed on Schedule 4.22 and to the Knowledge of the Company, none of the persons performing services for the Company are or have been during the last five (5) years improperly classified as

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independent contractors or as being exempt from the payment of wages for overtime. Except as disclosed on Schedule 4.22, there have not been during the last five (5) years and there are no pending or, to the Knowledge of Company, threatened or reasonably anticipated claims or actions against Company by any employee of Company, including without limitation, under any workers' compensation policy or long term disability policy.

        4.23    State Takeover Statutes.    Company has taken all necessary action, if any, to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, any applicable "moratorium," "fair price," "business combination," "control share," or other anti-takeover Laws.

        4.24    Charter Provisions.    Company has taken all action so that the entering into of this Agreement, and the consummation of the transactions contemplated by this Agreement, do not and shall not result in the grant of any rights to any Person other than Parent under the certificate of incorporation, bylaws or other governing instruments of Company or restrict or impair the ability of Parent to vote, or otherwise to exercise the rights of a stockholder with respect to, shares of Company Common Stock that may be directly or indirectly acquired or controlled by it.

        4.25    No Brokers.    Except as disclosed on Schedule 4.25, Company has not entered into any agreement or incurred any obligation, directly or indirectly, for the payment of any broker's or finder's fee or commission, or any other similar payment to any Person in connection with this Agreement or the transactions contemplated hereby, and, except as otherwise set forth herein, Company is not otherwise obligated to pay any such fee, commission or other payment, and there is no basis for any claim by any Person for the payment of such a fee, commission or other payment. The amount due and payable by or on behalf of the Company to Pacific Crest Securities, Inc. pursuant to the PC Engagement Agreement on account of payment of the Closing Amount and the Escrowed Amount is ONE MILLION ONE HUNDRED AND FIFTY THOUSAND DOLLARS ($1,150,000).

        4.26    Bank Accounts; Powers of Attorney.    Schedule 4.26 sets forth a list of all bank and brokerage accounts or any other account maintained at any financial institution maintained by Company, together with a list of all authorized signatories for such accounts, and all safe deposit boxes maintained by Company, and all Persons authorized to gain access thereto. Schedule 4.26 also sets forth a list of all powers of attorney granted by Company.

ARTICLE 5

REPRESENTATIONS AND WARRANTIES RELATING TO EACH HOLDER

        Each Holder by execution of this Agreement or a Joinder Agreement, severally and not jointly, represents and warrants to Parent as of the time of signing of this Agreement or such Joinder Agreement and then again as of the Closing Date as follows, except as disclosed in the Holder Disclosure Schedule accompanying this Agreement which is numbered to correspond to the section numbers in this Article 5:

        5.1    Ownership of Securities.    Such Holder is the record and beneficial owner of the Securities set forth opposite such Holder's name on Schedule 4.5, free and clear of any Lien. No Person has any agreement or option or any right or privilege (whether pre-emptive or contractual) capable of becoming an agreement or option for the purchase of any of the Securities owned by such Holder. There are no existing options to purchase or Equity Rights relating to the Company Common Stock or Company Preferred Stock owned by such Holder.

        5.2    Organization of Holder.    If the Holder is an entity, then such Holder is an entity duly organized, validly existing, and in good standing under the Laws of the jurisdiction of its organization.

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        5.3    Authorization and Approval.    Such Holder has all requisite legal power and authority, and has taken all action necessary, to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. This Agreement is the valid and binding agreement of such Holder enforceable against such Holder in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar Laws of general applicability relating to or affecting creditors' rights and to general equity principles. If the Holder is an entity, then this Agreement has been duly and validly authorized and approved by all requisite corporate, limited liability company, partnership or other entity action on the part of such Holder.

        5.4    No Conflict or Violation.    Neither the execution and delivery of this Agreement by such Holder, nor the consummation by such Holder of the transactions contemplated hereby, nor the compliance by the Holder with any of the provisions hereof, shall (a) if such Holder is an entity, violate or conflict with any provision of the Organizational Documents of such Holder; or (b) result in a violation by such Holder of any Law or Order (or an event which with notice, lapse of time, or both, would result in any such violation).

        5.5    Consents and Approvals.    Such Holder does not need to give any notice to, make any filing with, or obtain any authorization, consent or approval of any Governmental Authority or other Person in order for the Parties to consummate the transactions contemplated hereby.

        5.6    No Action.    Such Holder has no action or cause of action or other suit, action or claim whatsoever against, and does not owe any amount to, the Company.

        5.7    Investor Qualifications.    Such Holder acknowledges that he or she can bear the economic risk of his or her investment, and has such knowledge and experience in financial or business matters that he or she is capable of evaluating the merits and risks of his or her investment in the LINTA constituting the Merger Consideration. If other than an individual, such Holder also represents that it has not been formed for the purpose of acquiring the LINTA constituting the Merger Consideration.

        5.8    No Brokers.    Except as disclosed on Schedule 5.8, such Holder has not entered into any agreement or incurred any obligation, directly or indirectly, for the payment of any broker's or finder's fee or commission, or any other similar payment to any Person in connection with this Agreement or the transactions contemplated hereby, and such Holder is not otherwise obligated to pay any such fee, commission or other payment, and there is no basis for any claim by any Person for the payment of such a fee, commission or other payment.

        5.9    Purchase for Own Account.    The LINTA to be received by each Holder as part of the Merger Consideration shall be acquired for investment for such Holder's own account, not as a nominee or agent, and not with a view to the resale or distribution of any part thereof, and such Holder has no present intention of selling, granting any participation in or otherwise distributing the same. No Holder has any contract, undertaking, agreement or arrangement with any Person to sell, transfer or grant participations to such Person or to any other Person, with respect to any of the LINTA constituting the Merger Consideration, other than any such contract, undertaking, agreement or arrangement solely among the Holders receiving shares of LINTA in the Merger.

        5.10    Disclosure of Information.    Each Holder has received and reviewed copies of the Annual Report on Form 10-K for the year ended December 31, 2005 filed by the predecessor reporting company to Parent, Liberty LLC (f/k/a Liberty Media Corporation), the Quarterly Report on Form 10-Q for the most recently available quarter ended (March 31, 2006 or June 30, 2006) filed by Liberty LLC, the Proxy Statement of Liberty LLC with respect to its 2006 annual meeting of stockholders, the Current Reports on Form 8-K filed by Liberty LLC on April 18, 2006, May 9, 2006 and May 15, 2006 and the joint private placement memorandum/information statement of Parent and Company delivered pursuant to Section 7.17. Each Holder represents that is has internet access to all future filings made by Parent and agrees that each such filing shall be deemed to have been delivered

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to such Holder. Each Holder has been furnished any additional information that it considers necessary or appropriate to enable such Holder to evaluate the merits and risks of an investment in the LINTA constituting the Merger Consideration. Each such Holder has had an opportunity to ask questions and receive answers from the issuer of LINTA regarding the terms and conditions of the offering of the LINTA constituting the Merger Consideration and the business, properties, prospects and financial condition of such issuer, and all such questions have been answered to the full satisfaction of such Holder.

        5.11    Legends.    It is understood that the certificates evidencing the LINTA constituting the Merger Consideration shall bear the legends set forth in Section 3.5.

        5.12    Restricted Securities.    Such Holder understands that the Merger Consideration being acquired hereunder are characterized as "restricted securities" under the United States federal securities laws inasmuch as the Merger Consideration is being acquired in a transaction not involving a public offering and that under such laws and applicable regulations such shares may be resold without registration under the Securities Act of 1933 only in certain limited circumstances. In the absence of an effective registration statement covering such Merger Consideration or an available exemption from registration under the Securities Act of 1933, such Merger Consideration must be held indefinitely.

        5.13    Tax Advisors.    Each Holder, to the extent deemed necessary or advisable by such Holder, has reviewed with his or her own tax advisors the federal, state, local and foreign Tax consequences of the Merger. Each Holder is relying solely on such advisors and not on any statements or representations of the Parent (other than representations, warranties or covenants of Parent set forth in this Agreement) or any of its agents and, except with respect to any indemnification claims that such Holder may have pursuant to Section 10.1 hereof, understands that he or she (and not Parent) shall be responsible for his or her own Tax liability that may arise as a result of the Merger or any other transaction contemplated by the Transaction Agreements.

        5.14    Reliance on Representations.    Each Holder understands that the LINTA is being offered to such Holder in reliance on specific exemptions from the registration requirements of United States federal and state securities laws and that Parent is relying upon the truth and accuracy of the representations, warranties, agreements, acknowledgments and understandings of such Holder set forth herein in order to determine the applicability of such exemptions and the suitability of such Holder to acquire the LINTA.

ARTICLE 6

REPRESENTATIONS AND WARRANTIES OF PARENT AND MERGER SUB

        Parent and Merger Sub jointly and severally represent and warrant to the Company and the Holders as follows, except as disclosed in the disclosure schedule accompanying this Agreement which is numbered to correspond to the section numbers in this Article 6 (the "Parent Disclosure Schedule"):

        6.1    Organization of Parent.    Parent is a corporation duly organized, validly existing and in good standing under the Laws of the State of Delaware. Merger Sub is a corporation duly organized, validly existing and in good standing under the Laws of the State of Delaware. Merger Sub has conducted no operations since its incorporation other than in connection with the Merger.

        6.2    Authorization and Approval.    Each of Parent and Merger Sub have all requisite corporate power and authority, and has taken all corporate action necessary, to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. This Agreement is the valid and binding agreement of Parent and Merger Sub enforceable against Parent and Merger Sub in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar Laws of general applicability relating to or affecting creditors'

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rights and to general equity principles. This Agreement has been duly and validly authorized and approved by all requisite corporate action on the part of Parent and Merger Sub.

        6.3    No Conflict or Violation.    Neither the execution and delivery of this Agreement by Parent or Merger Sub, nor the consummation by Parent or Merger Sub of the transactions contemplated hereby, nor the compliance by Parent with any of the provisions hereof, shall (a) violate or conflict with any provision of the certificate of incorporation or bylaws of Parent or Merger Sub; (b) result in a breach of, or a default under, any provision of any material Contract to which Parent or Merger Sub is a party or bound or to which any property, Asset or capital stock of Parent or Merger Sub is subject, or an event that, with notice, lapse of time, or both, would result in any such breach or default; (c) result in the creation of any Lien on any Asset of Parent or Merger Sub; or (d) result in a violation by Parent or Merger Sub of any Law or Order (or an event that with notice, lapse of time, or both, would result in any such violation), except such violations, conflicts, breaches, defaults or Liens that would not have a Material Adverse Effect on Parent or Merger Sub.

        6.4    Consents and Approvals.    Except for the filing required under the HSR Act, if any, and except for the filing of the Certificate of Merger with the Secretary of State of the State of Delaware, neither Merger Sub nor Parent needs to give any notice to, make any filing with, or obtain any authorization, consent or approval of any Governmental Authority or other Person in order for the Parties to consummate the transactions contemplated hereby.

        6.5    No Brokers.    Neither Parent nor Merger Sub have entered into any agreement or incurred any obligation, directly or indirectly, for the payment of any broker's or finder's fee or commission, or any other similar payment to any Person in connection with this Agreement or the transactions contemplated hereby, and neither Parent nor Merger Sub is otherwise obligated to pay any such fee, commission or other payment, and there is no basis for any claim by any Person for the payment of such a fee, commission or other payment.

        6.6    Status of LINTA.    The shares of LINTA to be issued hereunder shall, when issued as provided in the Agreement, be duly authorized, validly issued, fully paid and nonassessable.

        6.7    Organization of Merger Sub.    Merger Sub is a newly organized and, at all times from organization through and including the Closing Date, is a wholly owned, first tier subsidiary of Liberty LLC. Liberty LLC is, and at all times from the date of this Agreement through and including the Closing Date will be, a wholly-owned first tier subsidiary of Parent and during such time is and will be disregarded as an entity separate from its owner (within the meaning of Treasury Regulations Section 301.7701-3(b)(1)(ii)) for U.S. federal income tax purposes (including Section 368 of the Code).

        6.8    Tax Reorganization Matters.    

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ARTICLE 7

PRE-CLOSING COVENANTS AND AGREEMENTS

        7.1    Stockholder Approval.    The Company, acting through its Board of Directors, shall, in accordance with applicable Law and the Organizational Documents of the Company, duly call, give notice of, convene and hold, as soon as reasonably practicable after the date hereof, a meeting of the Stockholders (the "Special Meeting") for the purpose of considering and voting upon this Agreement and the Merger. Except as otherwise required by the fiduciary duties of the Board of Directors of the Company, the Company shall, through the Company Board of Directors, recommend to its Stockholders the adoption of this Agreement and the Merger. Alternatively, the Company may seek to obtain the approval of the Stockholders to the adoption of this Agreement and the Merger through a consent in lieu of a meeting of the stockholders of the Company, as long as such consent is executed by all of the Securityholders and is otherwise obtained in accordance with the Corporate Law (the "Securityholder Consent").

        7.2    Merger Sub.    Parent shall cause Merger Sub to take all corporate action necessary on its part to consummate the Merger and the transactions contemplated hereby, subject to the limitations set forth in Section 7.4. Merger Sub shall not conduct any other business.

        7.3    Expenses.    Parent shall be solely responsible for payment of all HSR Act filing fees for any filings required under the HSR Act for the Merger. Except as otherwise specifically provided for herein, with regard to all other expenses, each Party shall be responsible for paying its own costs and expenses in connection with the transactions contemplated by this Agreement, including legal fees, accounting fees, filing fees with Governmental Authorities and other out-of-pocket expenses. Payment of broker's or finder's fees or commissions are addressed in Section 11.5 below. Company shall pay for the costs of the preparation and delivery of the tax opinion required pursuant to Section 8.3(g). The Company has not paid, and will not pay, directly or indirectly, any expenses incurred by any of the

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Holders (including without limitation, any legal fees of Foley & Lardner related to the representation of any Holders in connection with the negotiation of the Stock Appreciation Rights Agreements, the Restricted Stock Agreement and any amendments to employment agreements) in connection with or as part of the Merger or any related transactions.

        7.4    Commercially Reasonable Efforts.    Except where a different standard of conduct is specifically contemplated by this Agreement (in which event such standard shall apply), each of the Parties shall use its commercially reasonable efforts to take all actions and to do all things necessary, proper, or advisable in order to consummate and make effective the transactions contemplated by this Agreement in the most expeditious manner practicable (including using commercially reasonable efforts to cause the conditions to Closing set forth in Article 8 for which such Party is responsible to be satisfied as soon as reasonably practicable and to prepare, execute and deliver such documents and instruments and take or cause to be taken such other and further action as any other Party may reasonably request); provided that, no Party shall be required to dispose of assets or set them apart, or make any material payment to a Governmental Authority or other third party.

        7.5    Operation of Business Pending Closing.    Prior to the Effective Time, except as necessary to effect the transactions contemplated by this Agreement, or except as set forth on Schedule 7.5, with the prior written consent of Parent, the Company shall conduct its business in substantially the same manner it was conducted during the prior 24 month period. Without the prior written consent of Parent (which consent may be reasonably or unreasonably withheld by Parent in its sole discretion), the Company shall not undertake any of the actions that would cause the representation of the Company in Section 4.9 to be untrue if such representation were being made on the date of such action.

        7.6    Access to Information.    

        7.7    Acquisition Proposals.    Company shall not, and shall take such actions as are reasonably necessary to not permit any of its officers, directors or authorized representatives from, directly or

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indirectly, initiating, soliciting, encouraging or otherwise facilitating any inquiries or the making of any proposal or offer with respect to any merger, reorganization, share exchange, consolidation or similar transaction involving, or any purchase of any substantial portion of the Assets or any equity securities of, any entity in the Company. Company shall notify Parent immediately if any such inquiries, proposals or offers are received by any of them or anyone on their behalf, indicating, in connection with such notice, the name of such Person and the material terms and conditions of any proposals or offers.

        7.8    Antitrust Laws.    

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        7.9    Notices and Consents.    Company shall give any notices to third parties and shall use its commercially reasonable efforts to obtain any third-party consents, necessary to consummate the transactions contemplated by this Agreement as promptly as reasonably practicable. Parent shall give any notices to third parties and shall use its commercially reasonable efforts to obtain any third-party consents necessary to consummate the transactions contemplated by this Agreement as promptly as reasonably practicable. Except for filings made under the HSR Act, which are covered by Section 7.9, each of the Parties shall give any notices to, make any filings with, and use their commercially reasonable efforts to obtain any authorizations, consents, and approvals of any Governmental Authority required to be given or obtained in connection with the transactions contemplated by this Agreement as promptly as reasonably practicable. Nothing in this Section 7.9 shall require, or be construed to require, Parent to take any action with respect to such third-party or Governmental Authority consents, notices, filings or approvals which could, in the reasonable judgment of the board of directors of Parent, materially and adversely impact the economic or business benefits to Parent of the transactions contemplated by this Agreement.

        7.10    Notification.    Each Party shall give prompt written notice to the other Parties of any fact or condition that causes or constitutes a breach of any of the representations and warranties in this Agreement.

        7.11    Employee Matters.    Subject to the requirements of the Code, from and after the Closing Date and until such time as the Parent determines in its discretion, all Company Benefit Plans shall continue to be maintained separately from any Parent employee benefit plans. Notwithstanding the above, if Parent so requests in writing at least ten days in advance of the Closing Date, the Company shall, immediately prior to the Closing Date, freeze any Company Benefit Plans that are sponsored or maintained by the Company and that are governed by Section 401(k) of the Code and no further contributions shall be made to such Company Benefit Plans. From and after the Closing Date, the Parent may direct that the Company Benefit Plans that are sponsored or maintained by the Company be consolidated, frozen or terminated.

        7.12    FIRPTA.    Prior to the Closing, (i) the Company shall deliver to Parent and to the Internal Revenue Service notices, in a form reasonably satisfactory to Parent, that the shares of Company Common Stock are not "United States real property interests" in accordance with Sections 897 and 1445 of the Code and the Treasury Regulations thereunder, or (ii) each of the Securityholders shall deliver to Parent a certification, in a form reasonably satisfactory to Parent, that such Securityholder is not a foreign person in accordance with Section 1445 of the Code and the Treasury Regulations thereunder. If Parent does not receive either the notices or the certifications described above on or before the Closing Date, Parent shall be permitted to withhold from the payments to be made pursuant to this Agreement any required withholding tax under Section 1445 of the Code.

        7.13    No Assignment of Equity Interests in the Company.    Except as triggered as a result of an involuntary transfer, legal process, death or incapacity of a Holder or as contemplated by this Agreement, no Holder may sell, assign, hypothecate or otherwise transfer any Company Common Stock, Company Preferred Stock or Equity Rights to acquire Company Common Stock or Company Preferred Stock or any interest therein (other than as necessary to effect the transactions contemplated by this Agreement) without the prior written consent of Parent, which Parent may withhold at its sole discretion.

        7.14    Company Preferred Stock.    Prior to the Closing, the holders of Company Preferred Stock and Company shall take such actions as may be necessary to cause all outstanding Company Preferred Stock to be converted to Company Common Stock and to cause all accrued and unpaid dividends on the Company's Series B Convertible Preferred Stock to be paid through the date of conversion thereof by the issuance of shares of Company Common Stock valued in accordance with the certificate of designation for the Company's Series B Convertible Preferred Stock.

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        7.15    Withholding Payments.    Company shall not permit a holder of Company Options or Company Warrants to settle his or her obligation to the Company to pay any taxes required by law to be withheld with respect to the exercise of such option or warrant with shares of Company Common Stock.

        7.16    Copies.    Parent shall provide Company and Holders with such copies of the materials set forth in Section 5.10 as are reasonably requested by Securityholders' Representative.

        7.17    Private Placement Memorandum and Information Statement.    As soon as reasonably practicable after the execution of this Agreement, the Company will prepare and distribute to the Securityholders an information statement in form and substance reasonably satisfactory to Parent, and Parent will prepare and distribute to the Securityholders a private placement memorandum in connection with the issuance of the LINTA contemplated by this Agreement pursuant to an exemption from the registration requirements of the Securities Act of 1933 and applicable state securities laws. The information statement furnished to the Securityholders will be included as part of the private placement memorandum. Each party hereto agrees to use commercially reasonable efforts to cooperate with each other party in connection with the preparation of the information statement and the private placement memorandum, including providing information to the other party with respect to itself as may be reasonably required in connection therewith. Parent also will use commercially reasonable efforts to take any reasonable action (other than qualifying to do business in any jurisdiction in which it is not now so qualified, subjecting itself to taxation in any jurisdiction in which it is not now so subject, giving any consent to general service of process in any jurisdiction in which it is not now subject to such service or changing in any respect its authorized or outstanding capital stock or the composition of its assets) required to be taken under any applicable state securities or blue sky laws in connection with the issuance of the LINTA to be issued hereunder. The information statement and the private placement memorandum will comply in all material respects with all applicable requirements of Law. If at any time prior to the Effective Time, any event occurs relating to Parent or the Company, as the case may be, or its Subsidiaries or any of their respective officers, directors, partners or Affiliates which should be described in an amendment or supplement to the information statement or the private placement memorandum, Parent or the Company, as the case may be, will inform the other party promptly after becoming aware of such event and cooperate in mailing to Securityholders, such amendment or supplement.

ARTICLE 8

CLOSING CONDITIONS

        8.1    Conditions to Obligations of Each Party.    The respective obligations of each Party to perform this Agreement and consummate the transactions contemplated hereby are subject to the fulfillment prior to or at Closing of the following conditions, unless waived by all Parties in writing:

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        8.2    Conditions to Obligations of Parent.    The obligations of Parent to perform this Agreement and consummate the transactions contemplated herein are subject to the fulfillment prior to or at Closing of the following conditions (any one or more of which may be waived in whole or in part by Parent):

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        8.3    Conditions to Obligations of the Company and Holders.    The obligations of the Company and Holders to perform this Agreement and consummate the transactions contemplated hereby are subject to the fulfillment prior to or at Closing of the following conditions (any one or more of which may be waived in whole or in part by the Securityholders' Representative and the Company):

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ARTICLE 9

TERMINATION

        9.1    Termination by Mutual Consent.    This Agreement may be terminated and the transactions contemplated hereby may be abandoned at any time prior to the Effective Time by mutual written consent of Parent, the Company and the Securityholders' Representative.

        9.2    Termination by Parent or Company.    This Agreement may be terminated and the transactions contemplated hereby may be abandoned (a) by Parent, the Company or the Securityholders' Representative if the transactions contemplated hereby shall not have been consummated by the Termination Date (as defined below), or (b) by Parent or Company if any Order permanently restraining, enjoining or otherwise prohibiting consummation of the transactions contemplated hereby shall become final and non-appealable; provided, that the right to terminate this Agreement shall not

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be available to any party that has breached in any material respect its obligations under this Agreement in any manner that shall have proximately contributed to the occurrence of the failure of the transactions contemplated hereby to be consummated on or before the Termination Date. "Termination Date" shall mean September 30, 2006 if a filing under the HSR Act is made pursuant to Section 7.8(a), or August 31, 2006 otherwise.

        9.3    Termination by Company.    This Agreement may be terminated and the transactions contemplated hereby may be abandoned at any time prior to the Effective Time, by the Company if there has been a material breach by Parent of any representation, warranty, covenant or agreement contained in this Agreement that, together with all such breaches, would prevent any of the conditions set forth in Article 8 from being satisfied (other than by waiver) prior to the Termination Date and that is not curable or, if curable, is not cured within twenty (20) days after written notice of such breach is given by the Company to Parent.

        9.4    Termination by Parent.    This Agreement may be terminated and the transactions contemplated hereby may be abandoned at any time prior to the Effective Time by Parent if there has been a material breach by the Holders or the Company of any representation, warranty, covenant or agreement contained in this Agreement that, together with all such breaches, would prevent any of the conditions set forth in Article 8 from being satisfied (other than by waiver) prior to the Termination Date and that is not curable or, if curable, is not cured within twenty (20) days after written notice of such breach is given by Parent to Company and the Securityholders' Representative.

        9.5    Effect of Termination and Abandonment.    In the event of termination of this Agreement and the abandonment of the transactions contemplated hereby pursuant to this Article 9, except as otherwise provided herein (including, without limitation, the provisions of Section 12.5), this Agreement shall become void and of no effect with no liability on the part of any Party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors or other representatives); provided, that except as otherwise provided herein, no such termination shall relieve any Party hereto of any liability resulting from any willful breach of this Agreement.

        9.6    Expense Reimbursement.    Company agrees that if this Agreement is terminated pursuant to Section 9.2(a), and the cause of the Closing not occurring on or before the Termination Date is the failure to be satisfied of the condition in either Section 8.2(e) or Section 8.2(f), then Company shall reimburse Parent for any out-of-pocket expenses incurred by Parent, its advisors or representatives in relation to the activities relating to the execution of this Agreement and the consummation of the transactions contemplated herein up to an aggregate maximum of $112,500. Any expense reimbursement contemplated by this Section 9.6 shall be made by Company to Parent in immediately available funds within ten (10) days of the termination of the Agreement under Section 9.2(a). No payment of this expense reimbursement shall relieve Company or any other Party hereto of any liability resulting from any willful breach of this Agreement.

ARTICLE 10

INDEMNIFICATION

        10.1    Indemnification by Parent.    

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        10.2    Indemnification by Holders and the Company.    

        10.3    Survival of Indemnification.    The representations and warranties contained herein and the obligation to pay Losses, shall survive the Closing Date, as follows:

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        10.4    Limitations on Losses.    

        10.5    Sole Remedy.    The sole remedies of the Company (as defined in Section 10.1) and the Parent Indemnitees prior to the Closing Date for any Losses or Liability resulting or arising in any manner pursuant to this Agreement and the transactions contemplated hereby, whether such claims arise out of contract, tort or violation of law, shall be a claim for Losses made pursuant to, and subject to the limitations of, this Article 10, a claim for specific performance made under Section 12.5 or an expense reimbursement claim under Section 9.6. The sole remedies of the Company (as defined in

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Section 10.1) and the Parent Indemnitees on and following the Closing Date for any Losses or Liability resulting or arising in any manner pursuant to this Agreement and the transactions contemplated hereby, whether such claims arise out of contract, tort or violation of law, shall be a claim for Losses made pursuant to, and subject to the limitations of, this Article 10 or a claim for specific performance of any post-closing covenants made under Section 12.5.

        10.6    Escrow.    Amounts needed to cover any indemnification claims resolved in favor of a Parent Indemnitee against any Holder shall be paid first out of the Escrow, and the Escrow Agent shall pay out of the Escrow all claims that are resolved by agreement of Parent and the Securityholders' Representative or by final, non-appealable binding order of court or arbitrator. Payments made by delivery of LINTA shall be made based on the Fair Market Value of such shares as of the Closing Date and all such payments shall be made to Parent. Any such offset against the Escrow Fund shall be made against each Securityholder's share of the Escrow in the manner set forth in the Escrow Agreement.

        10.7    Procedures for Making Claims.    The Indemnified Party shall deliver a Notice of Claim to the Indemnifying Party reasonably promptly (and in any event within 30 days or, if reasonably practicable, such shorter period of time as necessary to prevent any adverse impact on the Indemnifying Party with respect to the Claim) after receipt of information forming the basis of a claim. If the Indemnifying Party objects to the Notice of Claim, the Indemnifying Party shall deliver a Notice of Objection to the Indemnified Party within 30 days (or, if reasonably practicable, such shorter period of time as necessary to prevent any adverse impact on the Indemnified Party with respect to the claim) of its, his or her receipt of the Notice of Claim. If such claim or claims shall not have been resolved or compromised within a reasonable period from the date of delivery of the Notice of Objection (and in any event within 60 days or such shorter period of time as necessary to prevent any adverse impact on the Indemnifying Party or the Indemnified Party with respect to the claim), then either Buyer or Securityholders' Representative may take such actions as are permitted by Law.

        10.8    Defense of Claims.    The procedures to be followed with respect to the defense and settlement of any claim made by a third party which, if true, would give rise to a right on the part of an Indemnified Party to be indemnified against resulting Losses in whole or in part, under this Article 10 (a "Claim") shall be as follows:

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ARTICLE 11

POST-CLOSING COVENANTS

        11.1    Governance of the Surviving Corporation.    

        11.2    Tax Matters.    

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        11.3    Further Assurances.    Each of the Parties, before, at and after the Effective Time, upon the reasonable request from time to time of any other Party and without further consideration (other than the reimbursement of reasonable out-of-pocket expenses), shall do each and every act and thing as may be necessary or reasonably desirable to consummate the transactions contemplated hereby and to effect an orderly transfer of the businesses of Company to Parent, including: (a) executing, acknowledging and delivering assurances, assignments, powers of attorney and other documents and instruments; (b) furnishing information and copies of documents, books and records; (c) filing reports, returns, applications, filings and other documents and instruments with Governmental Authorities; (d) assisting in good faith in any Litigation relating to Company (reasonably related to the pre-Closing operations of the Company), threatened Litigation relating to Company (reasonably related to the pre-Closing operations of the Company) and cooperating therein with other Parties and their advisors and representatives, including providing relevant documents and evidence and maintaining confidentiality in connection with such Litigation or threatened Litigation or claims against the Party from whom such cooperation is requested; and (e) assisting in the preparation of audited financial statements for Company, including, in the case of Holders and the Company, signing any management representation letters required by the auditors relating to periods prior to the Closing.

        11.4    Company Identity.    Holders acknowledge and agree that, from and after the Effective Time, none of them has any right, title or interest in or to Company's name or identity or the name or identity of the Company.

        11.5    Broker's Fees.    The Company shall be solely liable for and shall pay promptly in full all agreements and obligations, directly or indirectly, for the payment of any broker's or finder's fee or commission, or any other similar payment to Pacific Crest Securities, Inc. under the PC Engagement Agreement payable upon Closing or on the Deferred Payment Date. Holders shall be solely liable for and shall pay promptly in full any other agreements and obligations, directly or indirectly, for the payment of any broker's or finder's fee or commission, or any other similar payment to any Person disclosed on Schedule 5.8 or the claims of which Person arise by, through or under any Holder in connection with this Agreement. Parent shall be solely liable for and shall pay promptly in full all agreements and obligations, directly or indirectly, for the payment of any broker's or finder's fee or commission, or any other similar payment which arise by, through or under Parent in connection with this Agreement.

        11.6    Indemnification; Directors and Officers Insurance.    From and after the Effective Time, Parent shall cause the Surviving Corporation to, indemnify and hold harmless all current and former officers and directors of Company in their capacity as officers and directors of Company (and not as Securityholders) to the same extent such Persons are indemnified and held harmless as of the date of

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this Agreement by Company pursuant to the Amended and Restated Certificate of Incorporation of Company or the By-Laws of Company for acts or omissions occurring at or prior to the Effective Time, including those in respect of the Merger and the other transactions contemplated hereby. All rights to indemnification and exculpation from liability for acts or omissions occurring at or prior to the Effective Time now existing in favor of any current and former officers, directors and employees of Company, and any Person prior to the Effective Time serving at the request of any such party as a director, officer, employee fiduciary or agent of another corporation, partnership, trust or other enterprise, as provided in the respective certificates or articles of incorporation or by-laws (or comparable organizational documents) of Company, and any existing indemnification agreements, shall survive the Merger and shall continue in full force and effect in accordance with their terms, and shall not be amended, repealed or otherwise modified in any manner that would adversely affect the rights thereunder of such individuals for acts or omissions occurring at or prior to the Effective Time. Parent shall cause the Surviving Corporation to provide, for an aggregate period of not less than six years from the Effective Time, Company's current directors and officers an insurance policy that provides coverage for wrongful acts occurring prior to the Effective Time (the "D&O Insurance") on the same terms as Company's existing policy or, if such insurance coverage is unavailable, coverage that is on terms no less favorable to such directors and officers; provided, however, that neither Parent nor the Surviving Corporation shall be required to pay an annual premium for the D&O Insurance in excess of 250% of the last annual premiums that Company paid prior to the date of this Agreement, but in such case Parent shall cause the Surviving Corporation to, purchase as much coverage as possible for such amount. The provisions of this Section 11.6 are intended to be for the benefit of, and shall be enforceable by, each indemnified party and his or her heirs and representatives. For the avoidance of any doubt, nothing in this Section 11.6 shall constitute a right of any Holder to be indemnified by the Surviving Corporation for any indemnification or other obligations that such Holder may have in its capacity as a Securityholder pursuant to terms and conditions of this Agreement.

        11.7    Employee Matters.    From the Effective Time until December 31, 2006, Surviving Corporation shall provide rates of pay and benefits to the Surviving Corporation's employees that are the same rates of pay set forth on Schedule 4.22 and the benefits provided pursuant to the Company Benefit Plans or benefits that are both substantially similar to those provided pursuant to the Company Benefit Plans and are provided to other operating Subsidiaries of Parent. From the Effective Time until December 31, 2006, the Surviving Corporation shall not terminate the employment of any employee of the Surviving Corporation without the prior consent of Jalem Getz or, in his absence, the Securityholders' Representative.

        11.8    Stock Options.    Within a reasonable time following the Closing, Parent will grant options to purchase an aggregate of $337,466 worth of LINTA (as valued pursuant to the Black-Scholes formula) to the persons who are specified on Schedule 11.8 as being entitled to such option grants. All such options will (a) vest ratably on a quarterly basis over a four-year period as long as the recipient continues to be an employee of the Surviving Corporation (but shall accelerate and become fully vested upon death or disability) after the Effective Time, (b) expire seven years after their issuance and (c) have an exercise price that is equal to the fair market value of the LINTA stock on the date of grant, as determined under the Parent stock option plan pursuant to which the options are granted. Parent currently intends to grant the remainder of the options to purchase shares of LINTA that are specified on Schedule 11.8, but any such option grants will not be made until approved, if ever, by the committee administering the option plan under which the options are granted.

        11.9    Certain Legal Matters.    Parent agrees and acknowledges that Foley & Lardner LLP has advised Company in connection with the transactions provided for in this Agreement. Parent for itself and Company and all of their respective Affiliates, hereby assigns to Holders any and all right to consent to the representation by any such attorneys of any Holder in any future matter relating to post-Closing disputes concerning this Agreement and all transactions provided for herein. As of the

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Effective Time, Parent for itself and Company and all of their respective Affiliates waives any conflict of interest (actual or perceived) in Foley & Lardner LLP representing any or all of the Holders or the Stockholders' Representative in any dispute with Parent, Company or any of their respective Affiliates relating to or arising from this Agreement or the transactions contemplated hereby. To the extent that following the Closing, Parent is in control over any communications with, and work product of, such attorneys as they relate to this Agreement, the Transaction Agreements and the transactions effected by each and the preparation and negotiation thereof, together with all written or other materials consisting of, containing, summarizing or embodying such communications and work product, the Parties agree that in any post-Closing disputes between the Company and any of the Holders, neither Parent, Company nor any Holder shall be entitled to assert that such communications are subject to the attorney-client privilege.

ARTICLE 12

MISCELLANEOUS

        12.1    Amendment.    This Agreement may not be amended or modified without the prior written consent of Parent, the Company and the Securityholders' Representative.

        12.2    Public Announcements.    Following the date of this Agreement, except as may be required by applicable Securities Laws, rules and regulations of the Nasdaq National Market or any Law applicable to any Holder or any other Party, no Party to this Agreement shall issue any press release or make any public announcement relating to the subject matter of this Agreement without the prior written approval of Parent, the Company and the Securityholders' Representative, which approval shall not be unreasonably withheld or delayed. Notwithstanding the foregoing, the Parties agree and acknowledge that: (i) Holders may disclose this Agreement and the transactions contemplated hereby to their accountants, attorneys, investment advisors and other representatives for the sole purpose of evaluating the proposed transactions; provided, that such representatives are informed of the confidential nature the materials provided and, provided, further that if a Holder's representative breaches the terms of the first sentence of this Section 12.2, such Holder will be responsible for such breach and (ii) each Holder that is an entity owned or held by another Person and each Holder that is a trust may make disclosures following Closing that are deemed reasonably necessary to satisfy the Holder's contractual or trust requirements or requirements of Law provided, that such Persons receiving the information are informed of the confidential nature the materials provided and, provided, further that if such Person breaches the terms of the first sentence of this Section 12.2, such Holder will be responsible for such breach. If any Party believes that it is required by applicable Securities Laws or rules and regulations of the Nasdaq National Market to make such a public announcement, it shall promptly advise Parent, the Company and the Securityholders' Representative and use reasonable efforts, consistent with its legal obligations, to allow Parent, the Company and the Securityholders' Representative an opportunity to review and comment upon the announcement before the announcement is made.

        12.3    Waiver.    Failure to insist upon strict compliance with any of the terms or conditions of this Agreement at any one time shall not be deemed a waiver of such term or condition at any other time; nor shall any waiver or relinquishment of any right or power granted herein at any time be deemed a waiver or relinquishment of the same or any other right or power at any other time.

        12.4    Governing Law.    This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware without giving effect to any choice or conflict of law provision or rule (whether of the State of Delaware or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of Delaware.

        12.5    Specific Performance; Consent to Jurisdiction.    In view of (a) the complexities and uncertainties in measuring actual damages to be sustained by reason of the failure of a Party to

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perform this Agreement strictly in accordance with the specific terms hereof, and (b) the uniqueness of the transactions contemplated herein, each of the Parties acknowledges and agrees that: (i) the remedy at law for a breach of this Agreement would be inadequate, and (ii) the other Parties would be irreparably damaged if any Party fails to perform the provisions of this Agreement strictly in accordance with their specific terms. Therefore, it is expressly agreed that, in addition to any other remedy to which a nonbreaching Party may be entitled, at law or in equity and regardless of the passage of the Termination Date as long as such breach or purported breach occurred prior to the Termination Date, the nonbreaching Parties shall be entitled to injunctive relief to prevent breaches of the provisions of this Agreement and to specifically enforce the terms and provisions hereof in any court of competent jurisdiction located in the State of Delaware. In addition, any other proceeding seeking to enforce any provision of, or based on any matter arising out of or in connection with, this Agreement or the transactions contemplated by this Agreement may be brought by or against any Party in any court of competent jurisdiction located in the State of Delaware. Each Party irrevocably and unconditionally agrees to be subject to the jurisdiction of the courts of the State of Delaware and of the federal courts sitting in the State of Delaware and not to object to the jurisdiction of such courts on the basis of inconvenience of forum or otherwise. Without limiting the generality of the foregoing, each Party agrees that service of process upon such Party at such Party's address as set forth in Section 12.6, together with written notice of such service to such Party, shall be deemed effective service of process upon such Party.

        12.6    Notices.    All notices, consents, waivers, and other communications under this Agreement must be in writing and shall be deemed to have been duly given when (a) delivered by hand (with written confirmation of receipt), (b) sent by facsimile (with written confirmation of receipt), or (c) the Business Day after deposit with a nationally recognized overnight delivery service (receipt requested), in each case to the appropriate addresses and facsimile numbers set forth below (or to such other addresses and telecopier numbers as a Party may designate by notice to the other Parties, provided that any such change shall be effective only upon receipt by the other Parties):

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        12.7    Invalid Provision.    If any provision of this Agreement shall be determined to be invalid or unenforceable, this Agreement shall be deemed amended to delete such provision and the remainder of this Agreement shall be enforceable by its terms.

        12.8    Assignment.    This Agreement may not be assigned or delegated by any Party without the prior written consent of all other Parties; provided that Parent upon notice to the other Parties, may transfer its rights, in whole or in part, to a Subsidiary. In the event of any permitted transfer of rights by Parent, Merger Sub upon notice to the other Parties, may transfer its rights, in whole or in part, to a Subsidiary of such transferee.

        12.9    Binding Effect; No Third Party Beneficiaries.    This Agreement shall be binding upon and inure to the benefit of the Parties hereto and their respective permitted successors and assigns. Nothing in this Agreement, expressed or implied, is intended to confer upon any Person, other than the Parties or their respective successors, any rights, remedies, obligations or liabilities under or by reason of this Agreement.

        12.10    Dollar References.    All amounts referred to herein shall be deemed to be denominated in United States Dollars.

        12.11    Headings.    Headings and captions contained in this Agreement are inserted only as a matter of convenience and for reference and in no way define, limit, extend or prescribe the scope of this Agreement or the intent of any provision.

        12.12    Person and Gender.    The masculine gender shall include the feminine and neuter genders and the singular shall include the plural.

        12.13    Entire Agreement.    This Agreement, together with its Schedules and Exhibits, the Transaction Agreements and the Confidentiality Agreement, constitute the entire agreement of the Parties with respect to matters set forth in this Agreement and the Confidentiality Agreement, and supersede any prior understanding or agreement, oral or written, with respect to such matters. To the extent that the provisions of this Agreement and the Confidentiality Agreement may be inconsistent, the provisions of this Agreement shall control.

        12.14    Interpretations.    No ambiguity herein shall be construed or resolved against any Party hereto, whether under any rule of construction or otherwise. No Party shall be considered the draftsman. On the contrary, this Agreement has been reviewed, negotiated and accepted by all Parties

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and their lawyers and shall be construed and interpreted according to the ordinary meaning of the words used so as to fairly accomplish the purposes and intentions of all Parties hereto.

        12.14    Execution in Counterparts.    This Agreement may be executed in any number of counterparts, each of which shall be an original, and all such counterparts shall constitute one and the same Agreement, binding on all the Parties notwithstanding that all the Parties are not signatories to the same counterpart.

[Signatures on Next Page]

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        IN WITNESS WHEREOF, the Parties have executed this Agreement and Plan of Merger as of the date first above written.

    PARENT:

 

 

LIBERTY MEDIA CORPORATION

 

 

By:

/s/  
MICHAEL ZEISSER      
    Name: Michael Zeisser
Title: Senior Vice President

 

 

MERGER SUB:

 

 

PUMPKIN MERGER SUB, INC.

 

 

By:

/s/  
MICHAEL ZEISSER      
    Name: Michael Zeisser
Title: Senior Vice President

 

 

COMPANY:

 

 

BUYSEASONS, INC.

 

 

By:

/s/  
JALEM M. GETZ      
Jalem M. Getz, President

 

 

SECURITYHOLDERS' REPRESENTATIVE:

 

 

By:

/s/  
JEFFREY B. RUSINOW      
Jeffrey B. Rusinow

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AGREEMENT AND PLAN OF MERGER