FIRST AMENDMENT TO THE SHARE AND ASSET SALE AGREEMENT between NORTEL and ALCATEL LUCENT
EXHIBIT
10.90
EXECUTION
COPY
FIRST AMENDMENT TO THE
SHARE AND ASSET SALE AGREEMENT
SHARE AND ASSET SALE AGREEMENT
between
NORTEL
and
ALCATEL LUCENT
1
FIRST AMENDMENT TO THE
THIS FIRST AMENDMENT TO THE SHARE AND ASSET SALE AGREEMENT (this “Amendment”) dated December
29, 2006, is entered by and between Alcatel Lucent, a société anonyme organized under the laws of
France, registered with the Paris Registry of Companies under number B 542 019 096, with offices 00
xxx xx Xxxxxx, 00000 Xxxxx (the “Purchaser”), and Nortel Networks Limited, a corporation organized
under the laws of Canada, with offices at 000 Xxx Xxxx Xxxx, X00-00-000, Xxxxxxx, Xxxxxxx X0X 0X0,
Xxxxxx (the “Seller”).
WHEREAS, Purchaser and Seller have entered into a Share and Asset Sale Agreement dated as of
December 4, 2006, (the “Share and Asset Sale Agreement”).
WHEREAS, Purchaser and Seller desire to enter into this Amendment to amend certain provisions
of the Share and Asset Sale Agreement in accordance with the terms set forth herein.
NOW, THEREFORE, in consideration of the premises and mutual covenants and conditions herein
contained, Purchaser and Seller hereby agree as follows:
ARTICLE 1
DEFINITIONS
DEFINITIONS
Unless otherwise defined herein, capitalized terms used herein shall have the respective meanings
ascribed to them in the Share and Asset Sale Agreement.
ARTICLE 2
FRENCH ACQUISITION STRUCTURE
FRENCH ACQUISITION STRUCTURE
2.1 Contribution Agreement
The parties agree that Contribution Agreement is the Convention d’Apport en Nature entered into
between NN SA and Diselec on December 22, 2006. The Contribution Agreement is subject to the
provisions of the Share and Asset Sale Agreement as amended hereby; in case of inconsistency
between the terms of the Contribution Agreement and the Share and Asset Sale Agreement, the
provisions of the Share and Asset Sale Agreement shall prevail.
2.2 Certain Employee Liabilities
The parties agree that the price for the sale of the Shares shall amount to USD 63,690,336. Such
price shall be reduced by the amount of the liabilities set forth in Exhibit 4 of the Contribution
Agreement relating to the employees transferred to Diselec, as such amount shall be determined and
paid pursuant to the provisions of clause 4 of Part 2 of Schedule 7 to the Share and Asset Sale
Agreement. All other employee liabilities relating to said employees accrued up to the Effective
Time shall be governed by paragraph 1 of Part 2 of Schedule 7 to the Share and Asset Sale
Agreement.
2.3 Diselec Employment Liabilities Costs
Seller and Purchaser agree that if NN SA books and deducts for tax purposes in its December 31,
2006 accounts a reserve corresponding to the employment related liabilities referred to in the
second sentence of Section 2.2 above and if the deduction of such reserve is denied by the tax
authorities, Purchaser shall pay to NN SA an amount equal to 80% of any interest and penalties paid
to the tax authorities by NN SA as a result of such denial and any corresponding reasonable
attorney’s fees.
2
2.4 Shares Adjustment Price
Article 2.1 of the Contribution Agreement provides that in the event the net book value of the
Contribution as determined as of the Closing Date falls short of 921,076 Euros, the Seller shall
cause NN SA to pay to Diselec a cash complementary contribution in the same amount (the “Cash
Complement”). In the event such Cash Complement is paid, the price of the Shares shall be increased
in the same amount and such amount to be immediately paid by Alcatel CIT to NN SA.
Accordingly, Seller and Purchaser agree to modify Article 2.2.3 of the Sale and Asset Share
Purchase Agreement to provide that the Purchase Price shall be, as the case may be, increased by
the amount of the Cash Complement.
2.5 French Acquisition Structure costs
Purchaser agrees to pay to the Seller on the Closing Date an amount of USD 125,000 as a
reimbursement of certain costs associated with the French Acquisition Structure, which amount comes
in full settlement as to any costs that the Designated Sellers may have incurred in relation
therewith and which the Designated Sellers may wish to claim from the Designated Purchasers.
ARTICLE 3
ADMINISTRATIVE SERVICES
ADMINISTRATIVE SERVICES
Seller and Purchaser agree to modify Article 5.11(3) of the Sale and Asset Sale Agreement in the
following manner:
“(3) mainly relating to the Business or, if for equipment used to provide
Administrative Services either (a) exclusively used by the Business or (b) mainly used by
the Business if (i) determined by the Steering Committee acting reasonably and in good faith
by majority vote provided such asset is required for the operation of the Business by the
Purchaser and (ii) is not or will not be used by a Designated Seller to provide any of the
services under the Transition Services Agreement.”
ARTICLE 4
REIMBURSEMENTS
REIMBURSEMENTS
Seller shall be entitled to invoice Purchaser post Closing Date and Purchaser shall pay Seller for
a) any services rendered by Seller to Purchaser in connection with work performed by Seller under
the IUB Cooperation Agreement to the extent the Seller would have a contractual right to such
payment under the said agreement, and b) work performed by Seller at the request of Purchaser under
the Sales Support Agreement and the Customer Reseller Agreement (and more specifically in
connection with sales support and support for the trial for SFR and Telecom Italia), each of which
were signed prior to the execution of the Share and Asset Sale Agreement, to the extent the Seller
would have a contractual right to such payment under the said agreements. Purchaser and Seller
shall discuss in good faith justified compensation for any other services performed by Seller at
the written request of Purchaser prior to the Closing Date, provided it can be demonstrated that
these services were not in furtherance of the Share and Asset Sale Agreement and its Ancillary
Agreements.
3
ARTICLE 5
PURCHASE PRICE ALLOCATION
PURCHASE PRICE ALLOCATION
Seller and Purchaser agree that the allocation of the Purchase Price (net of the adjustments
provided under Section 2.2.3 of the Sale and Asset Sale Agreement) is set forth in Exhibit 5
hereto.
The Seller and the Purchaser shall cause Designated Sellers and Designated Purchasers to enter, as
necessary, into amendments to the Local Asset Sale Agreements to reflect the above mentioned
allocation of the Purchase Price.
ARTICLE 6
CUSTOMER CREDIT NOTES
CUSTOMER CREDIT NOTES
Notwithstanding the provisions of Section 2.1.4 of the Agreement, to the extent any Seller
liability under a credit note is transferred by any Designated Seller to a Designated Purchaser,
either through a Local Asset Agreement, the assignment of a Seller Contract or in any other manner,
the Seller shall, or shall cause the relevant Designated Seller, to indemnify the relevant
Designated Purchaser within 30 days of the Designated Purchaser having applied such credit note
against any amount invoiced by such Designated Purchaser to the relevant customer to the extent it
is contractually required to apply such credit note.
As of Closing, the customer credit notes estimated amount is the following:
• | Partner: 441,000.00$ | ||
• | Orange: 4,500,000.00$ | ||
• | Vodafone: 3,500,000.00$ |
To the Knowledge of Seller, there are no other credit notes that could be transferred to the
Designated Purchasers.
To the extent such outstanding credit notes are linked to pre-Closing purchase orders and that all
or part of these purchase orders are to be invoiced by and paid to a Designated Purchaser
post-Closing, notwithstanding that these obligations are pre-Closing liabilities (since linked to
past purchase orders) and are therefore Excluded Liabilities according to the Share and Asset Sale
Agreement, the relevant Designated Purchaser will assume a pro-rata share of such credit notes
based on the pro-rata of purchase orders such Designated Purchaser will have invoiced post-Closing.
ARTICLE 7
REVISED EXHIBITS
REVISED EXHIBITS
7.1 Exhibit 2.1.1.(3)
Seller and Purchaser agree to replace Exhibit 2.1.1.(3) of the Share and Asset Sale Agreement by
Exhibit 2.1.1 (3) hereto.
7.2 Exhibit 5.9(A)
Seller and Purchaser agree to replace Exhibit 5.9(A) of the Share and Asset Sale Agreement by
Exhibit 5.9 (A) hereto.
7.3 Exhibit O
Seller and Purchaser agree to replace Exhibit O of the Share and Asset Sale Agreements by Exhibit O
4
hereto.
7.4 Schedule 1.5
Seller and Purchaser agree to modify Schedule 1.5 of the Share and Asset Sale Agreements, to
include one additional Known Product Defect described in Schedule 1.5 hereto.
7.5 Schedule 7
Seller and Purchaser agree to modify exhibit X0, X0 and E 4 of Schedule 7 of the Share and Asset
Sale Agreements by exhibit X0, X0 and E 4 of Schedule 7 hereto.
7.6 JV License Agreements
Attached hereto under Exhibit 7.6 are copies of two licence amendments between (a) Seller and GDNT
and (b) Seller and LG-Nortel Co. Ltd.
ARTICLE 8
CLOSING
CLOSING
To the extent that any conditions to Closing set forth Article 10 of the Share and Asset Sale
agreement have not been satisfied, Seller and Purchaser hereby acknowledge that each of these
Closing conditions has been waived.
To the extent such conditions have not been satisfied on Closing Date, each party shall make
reasonable efforts post Closing to complete them.
In particular, (a) the parties shall agree on the terms of the Subcontract Agreement and (b) the
Seller shall, or shall cause the Designated Sellers:
(i) to make all reasonable efforts to perform within a reasonable time after Closing the
unbundling of the following Seller Contracts (Section 10.5 of the Share and Asset Sale Agreement)
listed in Exhibit 2.1.1(3) hereto;
(ii) with regards to the Third Party Software License Agreements (Section 10.8 of the Share
and Asset Sale Agreement), assist the Designated Purchasers in connection with providing them
information with respect to licenses of the Designated Sellers and the entities from which the
Designated Purchasers are attempting to obtain a similar license.
Unless waived by a customer, Alcatel shall cause to be issued performance bonds, where required
under a Seller Contract.
ARTICLE 9
CLOSING PAYMENT
CLOSING PAYMENT
Seller and Purchaser agree that payments of the Purchase Price shall be on Closing Date:
a) | Amount allocated to the Assets and Assumed Liabilities: USD 292,747,647 (net of a Pre-Closing Owned Equipment Shortfall of USD 1,252,353 as per Section 2.2.3(v)); | ||
b) | Plus balance of payment to be made as per Section 2.2.1: USD 26,000,000; | ||
c) | Less Purchase Price reduction as per Section 2.2.3(i), (ii), (iii) and (vi): USD 12,496,318; | ||
d) | Net amount to be paid at Closing (a) +(b) — (c): USD 306,251,329 out of which 302,065,583 to be paid directly by the Purchaser to the Seller and the equivalent of USD 4,185,746 to be paid in RMB to the Designated Sellers located in China. |
5
ARTICLE 10
ENTIRE AGREEMENT
ENTIRE AGREEMENT
The following sentence is added at the end of Section 11.15 of the Share and Asset Sale Agreement,
which Section remains otherwise unchanged:
“In the event of any irreconcilable conflict between this Agreement and any of the Local Asset Sale
Agreements and the License Agreement, the provisions of this Agreement shall prevail, regardless
that certain Local Asset Sale Agreement may be subject to different governing laws.”
ARTICLE 11
MISCELLANEOUS
MISCELLANEOUS
11.1 Other provisions
The provisions of the Share and Asset Sale Agreement that are not amended hereby remain in full
force and effect.
11.2 Governing Law; Submission to Jurisdiction
This Amendment shall be construed in accordance with and governed by the Laws of the French
Republic, without giving effect to its conflict of laws principles.
The Parties hereto irrevocably agree that all disputes, claims or matters arising out of or in any
connection with this Amendment shall be subject to the Rules of Arbitration of the International
Chamber of Commerce; the arbitration shall take place in London (England) and shall be held in the
English language.
6
IN WITNESS WHEREOF, the Parties have duly executed this Amendment as of the date first written
above.
NORTEL NETWORKS LIMITED | ||||||||||
By: |
/s/ X.X. Xxxxxxxxxx | |||||||||
Name: | X.X. Xxxxxxxxxx | |||||||||
Title: | Attorney-in-Fact | |||||||||
ALCATEL LUCENT | ||||||||||
By: |
/s/ L.A. Sadiq | |||||||||
Name: | L.A. Sadiq | |||||||||
Title: | Attorney-in-Fact |
7
Exhibit 2.1.1.(3)
Bundled Contracts which are to be “Unbundled” and Assigned/Novated to Purchaser
on Closing Date
on Closing Date
Purchaser Entity to be | ||||
Contract Parties | Contract Type | Assigned/Novated to | ||
France Telecom S.A, located
at 0, Xxxxx x’Xxxxxxx,
00000 Xxxxx Cedex 15 and
Nortel Networks S.A.
located at Parc d’Xxxxxxxxx
xx Xxxxx-Xxxxxxxxxxx, 00000
Xxxxxxxxxxx.
|
Corporate sourcing contract n° 06 CG 643 for the purchase of UTRAN products and software releases and related services AND Maintenance Corporate Sourcing Contrat for 3G Ran Products N° 06 CG 645 |
Alcatel CIT SA, 0/0 Xxxxxx Xxxxxx Xxxxxxxx, 00000 Xxxxxx, Xxxxxx |
||
Mobistar SA/NV, Xxx Xxxxxxx
Xxxxx 000, 0000 Xxxxxxxx,
Xxxxxxx and Nortel Networks
NV, , a Xxxxxxxxxx 00,
X-0000 Xxxxxxxx, Xxxxxxx
|
Local Implementation
Contract N°9262 for the
Supply of 3G Radio Access
Products and Software
Releases and associated
Services on Belgium
territories. AND Local Implementation Contract for 3G RAN Maintenance Xx0000 |
Xxxxxxx Xxxx XX, Xxxxxxxxxxxxxx 00, X-0000 Xxxxxxxxx, Xxxxxxx. | ||
ORANGE FRANCE, 1 avenue
Xxxxxx Xxxxxxx 94745
Arcueil Cédex,
And Nortel Networks SA,
Parc d’Xxxxxxxxx xx Xxxxx
Xxxxxxxxxxx, 00000
Xxxxxxxxxxx
|
Contrat d’application
N°416 618 au Corporate
Sourcing Contract
N°06CG643 pour la
fourniture de produits, de
paliers logiciels et
services associés relatifs
aux réseaux UMTS AND Contrat d’Application N° 416 619 au Corporate Sourcing Contract N° 06CG645 pour la fourniture de prestation de maintenance relatifs au réseaux UMTS |
Alcatel CIT SA, 0/0 Xxxxxx Xxxxxx Xxxxxxxx, 00000 Xxxxxx, Xxxxxx |
8
Purchaser Entity to be | ||||
Contract Parties | Contract Type | Assigned/Novated to | ||
PTK Centertel Sp. z o.o.
xx. Xxxxxxxxxxxxx 00x,
00-000 Xxxxxxxx, Xxxxxx,
and Nortel Networks Polska
Sp. z o. o., xx.
Xxxxxxxxxxx 00x, 00-000
Xxxxxxxx, Xxxxxx
|
Implementation Contract
for corporate sourcing
contract n° 06CG643 for
the purchase of UTRAN (3G)
products and software
releases and related
services AND Implementation Contract for corporate sourcing contract N° 06CG645 maintenance for 3G RAN products |
|||
Orange Slovensko, a.s.,
Prievozská 0/X, 000 00
Xxxxxxxxxx, Xxxxxx
Xxxxxxxx, and Nortel
Networks SA, Parc
d xXxxxxxxxx xx
Xxxxx-Xxxxxxxxxxx, 00000
Xxxxxxxxxxx, Xxxxxx and
Nortel Networks Slovensko,
s.r.o., Xxxxxxxx 0, 000 00
Xxxxxxxxxx, Xxxxxx Xxxxxxxx
|
Implementation Contract
for corporate sourcing
contract n° 06CG643 for
the purchase of UTRAN (3G)
products and software
releases and related
services AND Implementation Contract for corporate sourcing contract N° 06CG645 maintenance for 3G RAN products |
|||
Vodafone Ltd Xxxxxxxx
Xxxxx, Xxx Xxxxxxxxxx,
Xxxxxxx, Xxxxxxxxx XX00 0XX
and Nortel Networks UK Ltd,
Maidenhead Office Park,
Xxxxxxxxx Xxx, Xxxxxxxxxx,
Xxxxxxxxx XX0 0XX.
|
“UMTS Access only” Contract of Adherence covering UMTS Access Deliverables and related Services for UK. (*) | Alcatel Telecom Limited Xxxxxxxxxxxx Xxx, Xxxxxxxxx Xxxxxx XX00 0XX |
||
Vodafone Omnitel N.V.
whose registered address is
in Amsterdam and
administrative and
operational office Ivrea,
xxx Xxxxxx 00 — 00000
Xxxxxx, Xxxxx and Nortel
Networks S.p.A , Xxx
Xxxxxxxxxxx 0, 00000 Xxxxx,
Xxxxx.
|
“UMTS Access only” Contract of Adherence covering UMTS Access Deliverables and related Services for Italy. (*) | |||
Vodafone España S.A.,
Parque Empresarial La
Moreleja, Xxxx. Xx Xxxxxx,
0, 00000 Xxxxxxxxxx,
Xxxxxx, Xxxxx and Nortel
Networks Hispania S.p.A
|
“UMTS Access only” Contract of Adherence covering UMTS Access Deliverables and related Services for Spain. (*) | Alcatel España X.X. Xxxxxxx xx Xxxxx 0 00000 Xxxxxx |
0
Purchaser Entity to be | ||||
Contract Parties | Contract Type | Assigned/Novated to | ||
Xxxxxx xxx Xxxxx xx Xxx
Xxxxx, 0, Xxxxxxxx 0,
Xxxxxxx xx Xxxxxxx, Xxxxxx
00000, Xxxxx. |
||||
Vodafone Comunicações
Pessoais, S.A. ,
Avenida D. Xxxx XX
-Lote 1.04.01, 8º Piso,
Parque das Xxxxxx, 0000-000
Xxxxxx, Xxxxxxxx and
Northern Telecom
(Portugal) S.p.A whose
registered address is at
Edificio Tivoli-Forum,
Avenida da Liberdade, 180
X-0, 0000-000 Xxxxxx,
Xxxxxxxx.
|
“UMTS Access only” Contract of Adherence covering UMTS Access Deliverables and related Services for Portugal. (*) | Alcatel Portugal XX X. Xxxxxxx 2750 Cascais | ||
Austria Telecommunication
GmbH (now Kapsch CarrierCom
AG) and Nortel Networks
S.A. (for supply of
Hardware and Software) and
Nortel Networks Austria
GmbH (for installation and
commissioning services).
|
UMTS Access supply and related installation services to end customer Mobilkom. | |||
Kapsch CarrierCom AG
and
Nortel Networks Austria GmbH
|
UMTS Access support services to end customer Mobilkom. | |||
Xxxxxx Corporation, 0
Xxxxxxxxx Xxxxxxxxx Xxxxxx,
Xxxxx 000, Xxxxxxxxxxx,
Xxxxxxxx 00000 and Nortel
Networks Limited, 0000
Xxxxx Xxxx, Xxxxx 000,
Xxxxxxxx, Xxxxxxx, Xxxxxx
|
OEM MicroNode B | |||
Edge Wireless LLC, 000 XX
Xxxxxxxx, Xxxxx 0000, Xxxx,
Xxxxxx, 00000 and Nortel
Networks Inc, 0000 Xxxxxxxx
Xxxxxxxxx, Xxxxxxxxxx,
Xxxxx 00000.
|
Trial | |||
BEN HUR L. TRADE & SERVICES
LTD. 19 Ha’knesset Xxxxxxx Xxxxxx, Xxx Xxxx, Xxxxxx 00000 and Nortel Networks Israel (Sales and Marketing) Limited. |
Representative Agreement for UMTS business with Partner. | Alcatel Telecom Israel 94 Em Hamoshavot Rd. Park Azorim, Peth-Tikva Israel |
(*) These documents are the softcopies received by the e-mails mentioned below: |
10
Xxxxxx Xxxxxx” <xxxxxxx@xxxxxx.xxx>
2006-12-19 20:22 19/12 VF Spain Unbundled UMTS Access Contract of Adherence — work in
progress
“Xxxxxx Xxxxxx” <xxxxxxx@xxxxxx.xxx>
2006-12-19 20:29 19/12 VF UMTS Access Global Price Book
“Xxxxxx Xxxxxx” <xxxxxxx@xxxxxx.xxx>
2006-12-19 19:15 19/12 VF Portugal Unbundled UMTS Access Contract of Adherence — work in
progress.
“Xxxxxxx-LAW Frossard” <xxxxxxxx@xxxxxx.xxx>
2006-12-19 19:37 19/12 VF UK — Unbundled UMTS Access Contract of Adherence — Work in
progress.
“Xxxxxxx-LAW Xxxxxxxx” <xxxxxxxx@xxxxxx.xxx>
2006-12-20 14:56 20/12 — Vodafone Italy — Unbundled CoA and other related documents — Work
in progress
and the local Price Books:
“Xxxxxx Xxxxxx” <xxxxxxx@xxxxxx.xxx>
22/12/2006 10:26 Confidential — Vodafone — UMTS Access Only CoAs — Local Price Books
“Xxxxxx Xxxxxx” <xxxxxxx@xxxxxx.xxx>
22/12/2006 13:11 RE: Confidential — Vodafone — UMTS Access Only CoAs — Local Price Books
“Xxxxxxx-LAW Frossard” <xxxxxxxx@xxxxxx.xxx>
21/12/2006 22:49 Confidential — Vodafone — UMTS Access Only CoAs — Local Price Books
11
Seller Contracts to be Assigned/Novated to Purchaser on Closing Date
Purchaser Entity to | ||||
be Assigned/Novated | ||||
Contract Parties | Contract Type | to | ||
Bouygues Telecom,
Arcs de Seine —
00, xxxx xx Xxxxx
du Jour — 92100
Boulogne-Billancourt, and Nortel
Networks SA Parc
d’Xxxxxxxxx xx
Xxxxx-Xxxxxxxxxxx,
00000 Xxxxxxxxxxx.
|
Conditions Générales de
fourniture et de
maintenance de reseau
telecom 3G et de
prestations associees And Conditions Particulières |
Alcatel CIT SA, 0/0 Xxxxxx Xxxxxx Xxxxxxxx, 00000 Xxxxxx, Xxxxxx |
||
XXXXXXXX
Xxxxxxxxxxxx, 0000
Xxxxxxxxx Xxxxx,
Xxx Xxxxx, XX 00000
and Nortel Networks
Inc
|
System integration and interoperability testing between the QUALCOMM equipment and the Nortel equipment | |||
Beijng Sun Dong An
Co., Ltd and Nortel
Networks (China)
Limited
|
Beijing Property Lease | Alcatel Shanghai Xxxx Company Limited, 388 Ning Qiao Road Xxx Xxxx Export Processing Xxxx Xxxxxx Xxx Xxxx, Xxxxxxxx | ||
Xxxxx Mobile
Communications
Group Corporation
and Nortel Networks
(China) Limited
|
Construction of China Mobile Lab for 3G Trial Systems (Phase I) Project | Alcatel Shanghai Xxxx Company Limited, 388 Ning Qiao Road Xxx Xxxx Export Processing Xxxx Xxxxxx Xxx Xxxx, Xxxxxxxx | ||
Xxxxx Mobile
Communications
Company and Nortel
Networks (China)
Limited.
|
China Mobile 3G Lab R4 Equipment Trial Project |
Alcatel Shanghai Xxxx Company Limited, 388 Ning Qiao Road Xxx Xxxx Export Processing Zone Pudong New Area, Shanghai | ||
Guangdong Telecom
Co. Ltd Science and
Technology Research
Institute and
Nortel Networks
(China) Limited
|
IOT Trial Agreement | Alcatel Shanghai Xxxx Company Limited, 388 Ning Qiao Road Xxx Xxxx Export Processing Zone Pudong New Area, Shanghai | ||
Hebei Mobile
Communications Co.,
Ltd and Nortel
Networks (China)
Limited
|
Trial | Alcatel Shanghai Xxxx Company Limited, 388 Ning Qiao Road Xxx Xxxx Export Processing Zone Pudong New Area, Shanghai |
12
Purchaser Entity to | ||||
be Assigned/Novated | ||||
Contract Parties | Contract Type | to | ||
Hunan Mobile
Communications Co.,
Ltd and Nortel
Networks (China)
Limited
|
Equipment Trial Agreement, | Alcatel Shanghai Xxxx Company Limited, 388 Ning Qiao Road Xxx Xxxx Export Processing Xxxx Xxxxxx Xxx Xxxx, Xxxxxxxx | ||
Xxxxx Netcom Group
Company Sichuan
Branch and Nortel
Networks (China)
Limited
|
Equipment Trial Agreement | Alcatel Shanghai Xxxx Company Limited, 388 Ning Qiao Road Xxx Xxxx Export Processing Zone Pudong New Area, Shanghai | ||
Nokia Corporation,
Xxxxxxxxxxxxxx 0,
00000 Xxxxx,
Xxxxxxx and Nortel
Networks UK Ltd,
Maidenhead Office
Park, Xxxxxxxxx
Xxx, Xxxxxxxxxx,
Xxxxxxxxx XXX 0XX.
|
Return of Node Bs and RNCs from X0 Xxxxxxxx | Xxxxxxx XXX, Xxxxxx Xxxxxxx de Gaulle, Xxxxx, 45915 ORLEANS CEDEX 9 | ||
LeasePlan Fleet
Management (Polska)
Sp.z o.o., xx.
Xxxxxxxxx 00,
00-0000 Xxxxxx
Xxxxxx and Nortel
Networks Polska Sp.
z o., xx
Xxxxxxxxxxx 00x,
00-000 Xxxxxx.
|
Vehicle lease for Poland | |||
LeasePlan UK Ltd, 000 Xxxx Xxxx, Xxxxxx, Xxxxxxxxx, |
||||
XX0 0XX and Nortel
Networks (UK) Ltd.
|
Vehicle lease for UK | |||
TBA
|
Vehicle lease for France | |||
TBA
|
Vehicle lease for Italy | |||
TBA
|
Vehicle lease for Canada | |||
TBA
|
Vehicle lease for China | |||
TBA
|
Vehicle leases for Slovakia | |||
Lease Plan Portugal
- Comercio e
Aluguer de
Autoóveis e
Equipamentos
Unipessoal, Lda.
Quinta xx Xxxxx -
Edifcio Xxx Xxxxx,
Piso 3 2770-192
Xxxx xx Xxxxx.
|
Vehicle lease for Portugal |
13
Purchaser Entity to | ||||
be Assigned/Novated | ||||
Contract Parties | Contract Type | to | ||
Pessoa Colectiva nº
502167610
Matriculada sob o
nº 1883 na
Convservatório do
Reg. Com. De
Cascasis |
||||
LEASE PLAN
SERVICIOS, S.A., “Sociedad Unipersonal” Xxxxx Xxxxxxxxx Xxxxxxx, xxx. 0, 00000 - XXXXXXXXXX (MADRID), C.I.F. A-78007473 |
Vehicle lease for Spain | |||
Nortel Networks SA
and Alcatel,
0-0xxxxxx Xxxxxx
Xxxxxxxx, 00000
Xxxxxx, Xxxxxx
|
“Pre Deal” UMTS Access Single Customer Reseller Agreement for Trial Purposes. | Société Française de Radiocommunication (SFR). | ||
Nortel Networks SA
and Alcatel,
0-0xxxxxx Xxxxxx
Xxxxxxxx, 00000
Xxxxxx, Xxxxxx
|
“Pre Deal” UMTS Access Single Customer Reseller Agreement for Trial Purposes. | Telecom Italia Mobile | ||
Nortel Networks SA
and Alcatel,
0-0xxxxxx Xxxxxx
Xxxxxxxx, 00000
Xxxxxx, Xxxxxx
|
“Pre Deal” UMTS Access Single Customer Reseller Agreement for Field Test Purposes. | TMN Portugal | ||
Nortel Networks SA
and Alcatel CIT, 00
xxx xx xx Xxxxx,
00000 Xxxxx, Xxxxxx
|
“Pre Deal” SALES SUPPORT AGREEMENT for pre-sales support services. | SFR |
14
Exhibit 5.9 (A)
Bundled/Unbundled Contracts where UMTS Access parts are to be Sub-Contracted to
Purchaser on Closing Date
Purchaser on Closing Date
Purchaser Entity to be | ||||
Contract Parties | Contract Type | Sub-Contracted to | ||
Mobisle
Communications Ltd.,
at Xxxxxxx Xxxx,
Xxxxx, Xxxxx c/o
Maltacom plc, and
Nortel Networks SA
Parc d’Activités de
Magny-Châteaufort,
les Jeunes Bois —
Châteaufort, 78928
cedex 9, France
|
UMTS Supply Contract and Support and Service Agreement | Alcatel CIT SA, 0/0 Xxxxxx Xxxxxx Xxxxxxxx, 00000 Xxxxxx, Xxxxxx |
||
O2 (UK) Limited; O2
(Germany) GMBH & CO.
OHG; O2
Communications
(Ireland) Limited;
Nortel Networks UK
Limited; Nortel
Networks Germany GMBH
& CO KG and Nortel
Networks (Ireland)
Limited.
|
Supply of Mobile telecommunications network equipment and related services in the UK, Germany and the Republic of Ireland | |||
O2 (UK) Limited and
Nortel Networks UK
Limited
|
Support of O2 UK UMTS Access Network | |||
O2 (Germany) GMBH &
CO. OHG and Nortel
Networks Germany GMBH
& CO KG
|
Support of O2 Germany UMTS Access Network | |||
O2 (UK) Limited and
Nortel Networks UK
Limited
|
Training for O2 UK on UMTS Access Products |
|||
O2 (Germany) GMBH &
CO. OHG and Nortel
Networks Germany GMBH
& CO KG
|
Training for O2 Germany on UMTS Access Products |
15
Purchaser Entity to be | ||||
Contract Parties | Contract Type | Sub-Contracted to | ||
*Partner
Communications
Company Ltd. 8 Amal
St., Afek Industrial
Park, Rosh Ha’ayin,
Israel and Nortel
Networks Israel
(Sales and Marketing)
Limited.
|
Agreement for the supply of a 3G UMTS network (both Core & Access) and other telecommunications systems, equipment and related services | Alcatel Telecom Israel 94 Em Hamoshavot Rd. Park Azorim, Peth-Tikva Israel * |
* | Note: It is intended that the Partner Contract will be unbundled and transferred however there is a risk that this will not be achieved by Closing and therefore there may be a need to sub-contract this to Alcatel on a short term basis. This will be done on a full back-to-back basis as if the contract has been transferred. |
16
EXHIBIT O
Modification of Exhibit O of the
Share and Asset Sale Agreement
Share and Asset Sale Agreement
17
CONTRAT DE CESSION D’ACTIONS
ENTRE:
Nortel Networks S.A., société anonyme de droit français au capital de 456.544.755 euros, dont le
siège social est situé à Magny-Chateaufort, 78117 Chateaufort, immatriculée au Registre du commerce
et des sociétés de Versailles sous le numéro B 389 516 741 et représentée pour les besoins des
présentes par [·], dûment habilité à l’effet des présentes,
(ci-après dénommée, « NN SA » ou le « Cédant »);
de première part;
ET:
Alcatel CIT, société anonyme au capital de 265.364.340 euros, dont le siège social est situé au 00,
xxx xx xx Xxxxx, 00000 Xxxxx, immatriculée au Registre du commerce et des sociétés de Paris sous le
numéro 338 966 385 et représentée pour les besoins des
présentes par [·], dûment habilité à
l’effet des présentes,
(ci-après dénommée, Alcatel CIT ou le « Cessionnaire »);
de seconde part.
NN SA et Alcatel CIT sont collectivement dénommées ci-après les « Parties ».
IL EST RAPPELE CE QUI SUIT:
Aux termes d’un contrat de langue anglaise Share and Asset Sale Agreement conclu le 4 décembre 2006
(le « Share and Asset Sale Agreement »), tel qu’ultérieurement modifié, la société Nortel Networks
Limited, société de droit canadien, a transféré à Alcatel S.A., société de droit français, son
activité d’accès radio UMTS, sous réserve de la levée de certaines conditions suspensives.
Les parties au Share and Asset Sale Agreement ont convenu que ledit transfert serait réalisé en
France par le biais de la cession à Alcatel CIT des actions détenues par Nortel Networks S.A. dans
Diselec, société par actions simplifiée à associé unique de droit français au capital de 40.000
euros (avant apport de l’activité d’accès radio UMTS) dont le siège est situé 00, xxx xx xx Xxxxx,
00000 Xxxxx, immatriculée au Registre du commerce et des sociétés de Paris sous le numéro 491 687
422 (la « Société » ).
Le Cédant souhaite vendre et le Cessionnaire souhaite acheter 57.567 actions de la Société détenues
par NN SA à la suite de la réalisation de l’augmentation de capital de ce jour.
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CECI ETANT EXPOSE, IL A ETE CONVENU CE QUI SUIT:
ARTICLE 1 — ACHAT ET VENTE DES ACTIONS
Le Cédant cède, sous les garanties ordinaires de fait et de droit, au Cessionnaire, qui accepte,
les Actions, libres de tous privilèges, sûretés, charges ou autres restrictions ou limitations de
quelque nature que ce soit, ainsi que tous les droits qui y sont attachés.
Le prix des Actions (ci-après xxxxxxx le « Prix ») est déterminé et payé conformément aux
dispositions du Share and Asset Sale Agreement tel que modifié.
ARTICLE 2 — AJUSTEMENT DU PRIX
2.1 | Ajustement de l’Actif Net |
Le Cédant s’est porté garant auprès de Diselec de la valeur au 31 décembre 2006, de l’actif net
apporté par le Cédant selon les termes d’un traité d’apport en date du 22 décembre 2006 conclu
entre le Cédant et la Société (« l’Actif Net »).
Dans le cas où, la valeur nette totale de l’Actif Net au 31 décembre 2006 calculée sur la base des
valeurs nettes comptables serait inférieure à 921.076 euros, le Cédant versera à Diselec une somme
en espèces destinée à compenser cette perte de valeur (le « Montant Complémentaire »). Les Parties
conviennent que dans un tel cas le Prix sera augmenté du Montant Complémentaire ; cette
augmentation de prix sera payable sans délai.
2.2 | Ajustement lié aux Passifs Sociaux |
Les Parties conviennent que le Prix sera réduit du montant des passifs sociaux appréciés au 31
décembre 2006, figurant en Annexe 4 du Traité d’apport en nature conclu entre NN SA et Diselec le
22 décembre 2006, relatifs aux employés transférés par le Cédant à Diselec, tels que ces passifs
seront déterminés selon les modalités prévues par le Schedule 7 — Employment Provisions du Share
and Asset Sale Agreement ; cette réduction de prix sera remboursable sans délai.
ARTICLE 3 — PROPRIETE — JOUISSANCE
La cession des Actions prend effet après enregistrement de l’ordre de mouvement des Actions dans le
registre de la Société. A compter de cette inscription, le Cessionnaire est propriétaire desdites
Actions, en perçoit les revenus et bénéficie de tous les droits qui y sont attachés.
Le Cédant remet ce jour au Cessionnaire, qui le reconnaît, l’ordre de mouvement portant sur les
Actions dûment complété et signé.
ARTICLE 4 — DECLARATION SPECIFIQUE DES PARTIES
Les Parties reconnaissent expressément que le présent contrat est soumis aux stipulations du
contrat de langue anglaise Share and Asset Sale Agreement, notamment en ce qui concerne les
déclarations et garanties faites au titre des Actions. Le présent contrat n’a pas pour objet et ne
doit pas être interprété comme comportant des modifications, limitations ou renonciations de
quelque sorte que ce soit aux termes et conditions stipulés au Share and Asset Sale Agreement. En
cas de contradiction entre les stipulations du présent contrat et celles du Share and Asset Sale
Agreement, les stipulations de ce dernier prévaudront.
ARTICLE 5 — DISPOSITIONS GENERALES
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5.1 | Frais. Le Bénéficiaire supportera l’intégralité des frais et xxxxx encourus en relation avec la l’exécution du présent contrat et des opérations qu’il prévoit. Les droits d’enregistrement relatifs à la cession des Actions seront intégralement supportés par le Cessionnaire. | |
5.2 | Droit applicable. Le présent contrat est régi par le droit français. | |
5.3 | Clause attributive de juridiction. Tout litige ou différend relatif à l’interprétation du présent contrat relèvera de la compétence exclusive du Tribunal de Commerce de Paris. | |
5.4 | Pouvoir. Tous pouvoirs sont donnés au porteur d’un original des présentes ou d’extraits certifiés conformes des présentes constatant la réalisation définitive de la cession des Actions pour l’accomplissement de toutes les formalités légales. |
Fait à [ ],
Le 31 décembre 2006
en cinq (5) exemplaires originaux.
Le 31 décembre 2006
en cinq (5) exemplaires originaux.
Nortel Networks S.A. Par: [·] |
Alcatel CIT Par: [·] |
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EXHIBIT 1.5
Modification of Schedule 1.5 of the
Share and Asset Sale Agreement
Share and Asset Sale Agreement
21
Schedule 7
22
Exhibit 5
Purchase Price Allocation
23
Exhibit 7.6
JV License Agreements
24