Exhibit 7
JOINDER AGREEMENT
IPC Communications, Inc.
Wall Street Plaza
00 Xxxx Xxxxxx
Xxx Xxxx, XX 00000
Attention: Chief Executive Officer
Gentlemen:
In consideration of the transfer to the undersigned of 4,028,241.6360
shares of Common Stock, par value $.01 per share, of IPC Communications, Inc., a
Delaware corporation (the "COMPANY"), the undersigned agrees that it is a
Permitted Transferee of Cable Systems Holding, LLC and agrees that, as of the
date written below, it shall become a party to, and a Permitted Transferee as
defined in, that certain Amended and Restated Investors Agreement, dated as of
April 9, 1998, as such agreement may have been or may be amended from time to
time (the "AGREEMENT"), among the Company and the persons named therein, and as
a Permitted Transferee shall be fully bound by, and subject to, all of the
covenants, terms and conditions of the Agreement that were applicable to the
undersigned's transferor as though an original party thereto and shall be deemed
a CSH Shareholder for purposes thereof.
Executed as of the 21st day of May, 1999.
TRANSFEREE: Citicorp Venture Capital Ltd.
Address: 000 Xxxx Xxxxxx
Xxx Xxxx, XX 00000
Citicorp Venture Capital Ltd.:
By: /s/ Xxxxxxx X. Xxxxxx
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Name: Xxxxxxx X. Xxxxxx
Title: President