Portions of this Exhibit were omitted and have been filed separately with
the Secretary of the Commission pursuant to the Company's application requesting
confidential treatment under Rule 24b-2 of the Securities Exchange Act.
EXHIBIT 10.3
Embratel Amendment No. 10
AMENDMENT #10 TO MASTER AGREEMENT FOR VALUE ADDED SERVICES (BRAZIL) - CONTRACT
NUMBER VES-8-IDN-1-1999 BY AND BETWEEN AOL BRASIL LTDA. AND EMPRESA BRASILEIRA
DE TELECOMUNICACOES S.A. - EMBRATEL.
This Amendment (the "AMENDMENT #10"), effective as of April 3rd, 2002,
("Amendment Date") is entered into by and between.
AOL BRASIL LTDA., a Brazilian corporation headquartered at Xxxxxxx Xxxxxxxxxx
000, 0. andar, City of Xxxxx Xxxxx, State of Sao Paulo, registered with
Ministerio da Fazenda under number 03.032.579/0001-62, represented by its
Director Vice President Xxxxxx xx Xxxxx Xxxxxxx, hereinafter called "AOL", and
EMPRESA BRASILEIRA DE TELECOMUNICACOES S.A. - EMBRATEL, a Brazilian corporation
with headquarters at Xx. Xxxxxxxxxx Xxxxxx, 0000, in the City of Rio de Janeiro,
State of Rio de Janeiro, registered with Ministerio da Fazenda under number
33.530.486/0001-29, represented by its Executive Account Manager, Valdinei
Xxxxxxx Xxxxx, and its Account Manager, Xxxxxxx Xxxxxxx Xxxxxxxx, hereinafter
called "EMBRATEL",
and modified, and is incorporated into, the Master Agreement for value Added
Services (Brazil) dated October 18, 1999 by and between AOL and EMBRATEL (the
"Agreement").
This Agreement modified certain sections of the Agreement and of its respective
amendments executed prior to this date, as indicated below. Unless modified
herein, all other terms defined in the Agreement and its respective Amendments
shall have the same meaning when used in this Amendment.
All terms and conditions of the Agreement and its respective Amendments not
otherwise specifically modified in this Amendment remain unchanged and in full
force and effect.
In case of conflict between the terms of this Amendment and the remaining terms
and conditions of the Agreement, the terms of this Amendment shall control.
WHEREAS:
(i) Section 1.2 of the Agreement provides for EMBRATEL's deployment obligation,
regarding the de-installation of Modem capacity from one site and its
reinstallation at another site, upon AOL's request and at AOL's sole discretion
and cost; (ii) certain Amendments to the Agreement, namely Amendment #4, dated
April 25, 2001 (the "Amendment #4"), Amendment #5, dated July 4, 2001 (the
"Amendment #5"), Amendment #6, dated July 31, 2001 (the "Amendment #6"),
Amendment #7, dated September 21, 2001 (the "Amendment #7) and Amendment #9,
dated December 03, 2001 (the "Amendment #9"), provide for the concomitant (i)
addition of Modem capacity in certain cities designated by AOL and (ii)
reduction of Modem capacity in certain cities designated by AOL;
(iii) the original intention of the Parties with respect to the Amendments
listed in item (ii) above was to transfer modem capacity from one location to
another, with the maintenance of the original expiration term applicable to each
transferred Modem capacity;
THE PARTIES HEREBY AGREE AS FOLLOW:
1. Sections 1.1 and 1.2 of AMENDMENT #4 shall read as follows:
"1.1 Exhibit C of the Agreement is hereby amended by ADDING the following Modem
capacity, which shall terminate according to the table below:
--- -------------------------------- --------------- --------------------------
# AOL DESIGNATED CITIES MODEMS TERMINATION DATE
--- -------------------------------- --------------- --------------------------
1. BELEM - SP [**] 25/04/04
--- -------------------------------- --------------- --------------------------
2. BELO HORIZONTE - MG [**] 25/04/04
--- -------------------------------- --------------- --------------------------
3. CURITIBA - PR [**] 25/04/04
--- -------------------------------- --------------- --------------------------
4. FLORIANOPOLIS - SC [**] 25/04/04
--- -------------------------------- --------------- --------------------------
5. FORTALEZA - CE [**] 25/04/04
--- -------------------------------- --------------- --------------------------
6. GOIANIA - GO [**] 25/04/04
--- -------------------------------- --------------- --------------------------
7. LAGES - SC [**] 25/04/04
--- -------------------------------- --------------- --------------------------
8. PETROPOLIS - RJ [**] 25/04/04
--- -------------------------------- --------------- --------------------------
9. SANTA XXXXX - XX [**] 25/04/04
--- -------------------------------- --------------- --------------------------
10. UBERABA - MG [**] 25/04/04
--- -------------------------------- --------------- --------------------------
--- -------------------------------- --------------- --------------------------
Total: [**]
--- -------------------------------- --------------- --------------------------
1.2 Exhibit C of the Agreement is hereby amended by the TRANSFERENCE of the
following Modem capacity, which shall terminate according to the table below:
-- ---------------------- ----------------------------- ------- ----------------
# DE-INSTALLATION REINSTALLATION
-- ---------------------- ----------------------------- ------- ----------------
AOL DESIGNATED CITIES AOL DESIGNATED CITIES MODEMS TERMINATION DATE
-- ---------------------- ----------------------------- ------- ----------------
1. JUNDIAI - SP PORTO VELHO - RO [**] 18/10/2002
-- ---------------------- ----------------------------- ------- ----------------
2. JUNDIAI - SP UBERABA - MG [**] 29/09/2003
-- ---------------------- ----------------------------- ------- ----------------
3. OSASCO - SP RECIFE - PE [**] 18/10/2002
-- ---------------------- ----------------------------- ------- ----------------
4. XXXXX XXXXX - SP RECIFE - PE [**] 18/10/2002
-- ---------------------- ----------------------------- ------- ----------------
-- ---------------------- ----------------------------- ------- ----------------
Total: [**]
-- ---------------------- ----------------------------- ------- ----------------
2. Section 1.2 of AMENDMENT #5 shall be entirely excluded from the Amendment and
Section 1.1 of Amendment 5 shall read as follow:
2
"1.1 Exhibit C of the Agreement is hereby amended by the TRANSFERENCE of the
following Modem capacity, which shall terminate according to the table below:
--- -------------------------- ----------------------------- ------- -----------
# DE-INSTALLATION REINSTALLATION
--- -------------------------- ----------------------------- ------- -----------
TERMINATION
AOL DESIGNATED CITIES AOL DESIGNATED CITIES MODEMS DATE
--- -------------------------- ----------------------------- ------- -----------
1. AMERICANA - SP BOA VISTA - PR [**] 29/09/03
--- -------------------------- ----------------------------- ------- -----------
2. AMERICANA - SP CASCAVEL - PR [**] 18/10/02
--- -------------------------- ----------------------------- ------- -----------
3. AMERICANA - SP CHAPECO - SC [**] 29/09/03
--- -------------------------- ----------------------------- ------- -----------
4. ARACATUBA - SP CORUMBA - MS [**] 18/10/02
--- -------------------------- ----------------------------- ------- -----------
5. BAURU - SP BLUMENAU - SC [**] 18/10/02
--- -------------------------- ----------------------------- ------- -----------
6. PRESIDENTE CRICIUMA - SC [**] 18/10/02
XXXXXXXX - SP
--- -------------------------- ----------------------------- ------- -----------
7. RIBEIRAO PRETO - XX XXXXX - SC [**] 18/10/02
--- -------------------------- ----------------------------- ------- -----------
8. XXXXX XXXXX - SP GURUPI - TO [**] 29/09/03
--- -------------------------- ----------------------------- ------- -----------
9. XXXXX XXXXX - SP PELOTAS - RS [**] 18/10/02
--- -------------------------- ----------------------------- ------- -----------
10. XXXXX XXXXX - XX XXXXXXXXXX - XX [**] 29/09/03
--- -------------------------- ----------------------------- ------- -----------
11. SANTOS - SP CAXIAS DO SUL -RS [**] 18/10/02
--- -------------------------- ----------------------------- ------- -----------
12. SANTOS - SP XXXX XXXXXX - PB [**] 18/10/02
--- -------------------------- ----------------------------- ------- -----------
13. SAO XXXXXXXX DO CAMPO - SP ITAJAI -SC [**] 18/10/02
--- -------------------------- ----------------------------- ------- -----------
14. SAO XXXXXXXX DO XXXXX - SP RIO GRANDE - RS [**] 18/10/02
--- -------------------------- ----------------------------- ------- -----------
15. SAO XXXXXXXX DO CAMPO - SP VARGINHA - MG [**] 18/10/02
--- -------------------------- ----------------------------- ------- -----------
16. SAO CAETANO DO SUL LONDRINA - PR [**] 29/09/03
--- -------------------------- ----------------------------- ------- -----------
17. SAO XXXX DOS XXXXXX - SP JI-PARANA - RO [**] 18/10/02
--- -------------------------- ----------------------------- ------- -----------
18. SAO XXXX DOS XXXXXX - SP MARINGA - PR [**] 18/10/02
--- -------------------------- ----------------------------- ------- -----------
19. SAO XXXX DOS XXXXXX - SP RIO VERDE - GO [**] 18/10/02
--- -------------------------- ----------------------------- ------- -----------
20. SAO PAULO - SP PONTA GROSSA - PR [**] 18/10/02
--- -------------------------- ----------------------------- ------- -----------
21. SAO PAULO - SP PORTO ALEGRE - RS [**] 18/10/02
--- -------------------------- ----------------------------- ------- -----------
22. SAO PAULO - SP UBERLANDIA - MG [**] 18/10/02
--- -------------------------- ----------------------------- ------- -----------
--- -------------------------- ----------------------------- ------- -----------
Total: [**]
--- -------------------------- ----------------------------- ------- -----------
3. Sections 1.1 and 1.2 of AMENDMENT #6 shall read as follow:
"1.1 Exhibit C of the Agreement is hereby amended by ADDING the following Modem
capacity, which shall terminate according to the table below:
------- ------------------------------- -------------- -------------------------
# AOL DESIGNATED CITIES MODEMS TERMINATION DATE
------- ------------------------------- -------------- -------------------------
1. ANANINDEUA - PA [**] 31/07/04
------- ------------------------------- -------------- -------------------------
2. APARECIDA DE GOIANIA - GO [**] 31/07/04
------- ------------------------------- -------------- -------------------------
3. APUCARANA - PR [**] 31/07/04
------- ------------------------------- -------------- -------------------------
4. ARAUCARIA - PR [**] 31/07/04
------- ------------------------------- -------------- -------------------------
5. XXXXX XXXXX - XX [**] 31/07/04
------- ------------------------------- -------------- -------------------------
6. CAMACARI - BA [**] 31/07/04
------- ------------------------------- -------------- -------------------------
7. BALNEARIO CAMBURIU - SC [**] 31/07/04
------- ------------------------------- -------------- -------------------------
3
------- ------------------------------- -------------- -------------------------
8. CARUARU - PE [**] 31/07/04
------- ------------------------------- -------------- -------------------------
9. DIVINOPOLIS - MG [**] 31/07/04
------- ------------------------------- -------------- -------------------------
10. ITABUNA - BA [**] 31/07/04
------- ------------------------------- -------------- -------------------------
11. JABOATAO DOS GUARARAPES - PE [**] 31/07/04
------- ------------------------------- -------------- -------------------------
12. JEQUIE - BA [**] 31/07/04
------- ------------------------------- -------------- -------------------------
13. LUZIANIA - GO [**] 31/07/04
------- ------------------------------- -------------- -------------------------
14. MANTES XXXXXX - MG [**] 31/07/04
------- ------------------------------- -------------- -------------------------
15. XXXXXX - XX [**] 31/07/04
------- ------------------------------- -------------- -------------------------
16. PARNAIBA - PI [**] 31/07/04
------- ------------------------------- -------------- -------------------------
17. PAULISTA - PE [**] 31/07/04
------- ------------------------------- -------------- -------------------------
18. RESENDE - RJ [**] 31/07/04
------- ------------------------------- -------------- -------------------------
19. XXXXXXX DO XXXXXXXXXX - RS [**] 31/07/04
------- ------------------------------- -------------- -------------------------
20. SAO XXXX DOS PINHAIS - PR [**] 31/07/04
------- ------------------------------- -------------- -------------------------
21. TOLEDO - PR [**] 31/07/04
------- ------------------------------- -------------- -------------------------
22. TUBARAO - SC [**] 31/07/04
------- ------------------------------- -------------- -------------------------
23. UMUARAMA - PR [**] 31/07/04
------- ------------------------------- -------------- -------------------------
24. VARZEA GRANDE - MT [**] 31/07/04
------- ------------------------------- -------------- -------------------------
------- ------------------------------- -------------- -------------------------
Total: [**]
------- ------------------------------- -------------- -------------------------
1.2 Exhibit C of the Agreement is hereby amended by the TRANSFERENCE the
following Modem capacity, which shall terminate according to the table below:
---- ---------------------- ----------------------------- -------- ------------
DE-INSTALLATION REINSTALLATION
---- ---------------------- ----------------------------- -------- ------------
TERMINATION
# AOL DESIGNATED CITIES AOL DESIGNATED CITIES MODEMS DATE
---- ---------------------- ----------------------------- -------- ------------
1. BARUERI - XX XXXXXX DOS GOYTACAZES - RJ [**] 18/10/02
---- ---------------------- ----------------------------- -------- ------------
2. BAURU - SP ARACAJU - SE [**] 18/10/02
---- ---------------------- ----------------------------- -------- ------------
3. BAURU - XX XXXXX GRANDE - MS [**] 29/09/03
---- ---------------------- ----------------------------- -------- ------------
4. CAMPINAS - SP FLORIANOPOLIS - SC [**] 18/10/02
---- ---------------------- ----------------------------- -------- ------------
5. CAMPINAS - SP RECIFE - PE [**] 18/10/02
---- ---------------------- ----------------------------- -------- ------------
6. CAMPINAS - SP RIO XXXXXX - AC [**] 18/10/02
---- ---------------------- ----------------------------- -------- ------------
7. CAMPINAS - SP UBERABA - MG [**] 18/10/02
---- ---------------------- ----------------------------- -------- ------------
8. CAMPINAS - SP URUGUAIANA - RS [**] 18/10/02
---- ---------------------- ----------------------------- -------- ------------
9. CATANDUVA - SP CACHOEIRO DO ITAPEMIRIM - ES [**] 18/10/02
---- ---------------------- ----------------------------- -------- ------------
10. JUNDIAI - SP MACEIO - AL [**] 29/09/03
---- ---------------------- ----------------------------- -------- ------------
11. SANTOS - SP NATAL - RN [**] 29/09/03
---- ---------------------- ----------------------------- -------- ------------
12. SANTOS - SP XXXXX XXXXXXX - XX [**] 29/09/03
---- ---------------------- ----------------------------- -------- ------------
13. SAO XXXXXXXX DO CAMPO SANTA XXXX DO SUL - RS [**] 18/10/02
- SP
---- ---------------------- ----------------------------- -------- ------------
14. SAO XXXXXXXX DO CAMPO SANTA XXXXX - XX [**] 29/09/03
- SP
---- ---------------------- ----------------------------- -------- ------------
15. SAO PAULO - SP CASCAVEL - RN [**] 18/10/02
---- ---------------------- ----------------------------- -------- ------------
16. SAO PAULO - SP CHAPECO - SC [**] 18/10/02
---- ---------------------- ----------------------------- -------- ------------
17. SAO PAULO - SP MOSSORO - RN [**] 18/10/02
---- ---------------------- ----------------------------- -------- ------------
18. SAO PAULO - SP NOVO HAMBURGO - RS [**] 18/10/02
---- ---------------------- ----------------------------- -------- ------------
19. SAO PAULO - SP PALMAS - TO [**] 18/10/02
---- ---------------------- ----------------------------- -------- ------------
20. SOROCABO - SP CAMPINA GRANDE - PB [**] 18/10/02
---- ---------------------- ----------------------------- -------- ------------
4
---- ---------------------- ----------------------------- -------- ------------
21. SOROCABO - SP XXXXX XXXXXX - XX [**] 18/10/02
---- ---------------------- ----------------------------- -------- ------------
22. SOROCABO - SP SAO MATEUS - ES [**] 18/10/02
---- ---------------------- ----------------------------- -------- ------------
23. SOROCABO - SP SINOP - MT [**] 18/10/02
---- ---------------------- ----------------------------- -------- ------------
---- ---------------------- ----------------------------- -------- ------------
Total: [**]
---- ---------------------- ----------------------------- -------- ------------
4. Section 1.2 of AMENDMENT #7 shall be entirely excluded from the Amendment and
Section 1.1 of Amendment 7 shall read as follow:
"1.1 Exhibit C of the Agreement is hereby amended by the TRANSFERENCE the
following Modem capacity, which shall terminate according to the table below:
---- ------------------------ ----------------------------- ------ ------------
# DE-INSTALLATION REINSTALLATION
---- ------------------------ ----------------------------- ------ ------------
TERMINATION
AOL DESIGNATED CITIES AOL DESIGNATED CITIES MODEMS DATE
---- ------------------------ ----------------------------- ------ ------------
1. AMERICANA - SP GURUPI - TO [**] 29/09/03
---- ------------------------ ----------------------------- ------ ------------
2. ARARAQUARA - SP JI-PARANA - RO [**] 18/10/02
---- ------------------------ ----------------------------- ------ ------------
3. BARUERI - SP CONTAGEM - MG [**] 29/09/03
---- ------------------------ ----------------------------- ------ ------------
4. MARILIA - SP MARINGA - PR [**] 18/10/02
---- ------------------------ ----------------------------- ------ ------------
5. OSASCO - SP GOIANIA - GO [**] 29/09/03
---- ------------------------ ----------------------------- ------ ------------
6. OSASCO - SP JUIZ DE FOR A - GM [**] 18/10/02
---- ------------------------ ----------------------------- ------ ------------
7. PIRACICABO - SP FLORIANOPOLIS -SC [**] 18/10/02
---- ------------------------ ----------------------------- ------ ------------
8. PIRACICABO - SP FOZ DO IGUACU -PR [**] 29/09/03
---- ------------------------ ----------------------------- ------ ------------
9. PRESIDENTE XXXXXXXX -SP MARINGA - PR [**] 18/10/02
---- ------------------------ ----------------------------- ------ ------------
10. RIBEIRAO PRETO - SP UBERLANDIA - MG [**] 18/10/02
---- ------------------------ ----------------------------- ------ ------------
11. XXXXX XXXXX - SP RECIFE - PE [**] 29/09/03
---- ------------------------ ----------------------------- ------ ------------
12. SANTOS - SP LONDRINA - PR [**] 29/09/03
---- ------------------------ ----------------------------- ------ ------------
13. SANTOS - SP PASSO FUNDO - RS [**] 29/09/03
---- ------------------------ ----------------------------- ------ ------------
14. SAO XXXXXXXX DO XXXXX PORTO ALEGRE - RS [**] 29/09/03
- SP
---- ------------------------ ----------------------------- ------ ------------
15. SAO XXXXXXX XX XXX - XX XXX XXXXXX - XX [**] 29/09/03
---- ------------------------ ----------------------------- ------ ------------
16. SAO XXXX DO RIO PRETO CAXIAS DO SUL - RS [**] 18/10/02
- SP
---- ------------------------ ----------------------------- ------ ------------
17. SAO XXXX DO RIO PRETO CRICIUMA - SC [**] 18/10/02
- SP
---- ------------------------ ----------------------------- ------ ------------
18. SAO XXXX DOS XXXXXX FOZ DO IGUACU - PR [**] 18/10/02
- SP
---- ------------------------ ----------------------------- ------ ------------
19. SAO PAULO - SP CURITIBA - PR [**] 18/10/02
---- ------------------------ ----------------------------- ------ ------------
20. SAO PAULO - SP PELOTAS - RS [**] 18/10/02
---- ------------------------ ----------------------------- ------ ------------
21. SAO PAULO - SP PETROPOLIS - RJ [**] 18/10/02
---- ------------------------ ----------------------------- ------ ------------
22. SAO PAULO - SP PONTA GROSSA - PR [**] 18/10/02
---- ------------------------ ----------------------------- ------ ------------
23. SAO PAULO - SP PORTO ALEGRE - RS [**] 18/10/02
---- ------------------------ ----------------------------- ------ ------------
24. XXX XXXXX - XX XXX XX XXXXXXX - XX [**] 18/10/02
---- ------------------------ ----------------------------- ------ ------------
25. XXX XXXXX - XX XXX XX XXXXXXX - XX [**] 29/09/03
---- ------------------------ ----------------------------- ------ ------------
26. SOROCABO - SP CRICIUMA - SC [**] 18/10/02
---- ------------------------ ----------------------------- ------ ------------
27. SOROCABO - SP PELOTAS - RS [**] 29/09/03
---- ------------------------ ----------------------------- ------ ------------
---- ------------------------ ----------------------------- ------ ------------
Total: [**]
---- ------------------------ ----------------------------- ------ ------------
5
5. Section 1.2 of AMENDMENT #9 shall be entirely excluded from the Amendment and
Section 1.1 of Amendment 9 shall read as follow:
"1.1 Exhibit C of the Agreement is hereby amended by the TRANSFERENCE the
following Modem capacity, which shall terminate according to the table below:
--- ------------------------ ---------------------------- ------- ------------
# DE-INSTALLATION REINSTALLATION
--- ------------------------ ---------------------------- ------- ------------
TERMINATION
AOL DESIGNATED CITIES AOL DESIGNATED CITIES MODEMS DATE
--- ------------------------ ---------------------------- ------- ------------
1. AMERICANA - SP XXXXX XXXXXXX - XX [**] 29/09/03
--- ------------------------ ---------------------------- ------- ------------
2. ARACATUBA - SP GURUPI - TO [**] 29/09/03
--- ------------------------ ---------------------------- ------- ------------
3. BAURU - SP XXXXX XXXXX - XX [**] 27/12/03
--- ------------------------ ---------------------------- ------- ------------
4. XXXXXXXX - XX XXX XX XXXXXXX - XX [**] 29/09/03
--- ------------------------ ---------------------------- ------- ------------
5. JUNDIAI - SP RO DE JANEIRO - RJ [**] 29/09/03
--- ------------------------ ---------------------------- ------- ------------
6. OSASCO - SP MANAUS - AM [**] 29/09/03
--- ------------------------ ---------------------------- ------- ------------
7. PIRACICABA - SP RIO DE JANEIRO - RJ [**] 29/09/03
--- ------------------------ ---------------------------- ------- ------------
8. XXXXXXXXXX XXXXXXXX XXX XX XXXXXXX - XX [**] 29/09/03
- SP
--- ------------------------ ---------------------------- ------- ------------
9. XXXXXXXX XXXXX - XX XXX XX XXXXXXX - XX [**] 29/09/03
--- ------------------------ ---------------------------- ------- ------------
00. XXXXXXXX XXXXX - XX XXX XX XXXXXXX - XX [**] 18/10/02
--- ------------------------ ---------------------------- ------- ------------
11. XXX XXXXXXXX XX XXXXX XXX XX XXXXXXX - XX [**] 29/09/03
- SP
--- ------------------------ ---------------------------- ------- ------------
12. SAO CAETANO DO SUL XXXXX XXXXXXX - XX [**] 29/09/03
- SP
--- ------------------------ ---------------------------- ------- ------------
13. SAO XXXXXXX XX XXX XXX XX XXXXXXX - XX [**] 29/09/03
- SP
--- ------------------------ ---------------------------- ------- ------------
14. SAO XXXX DO RIO PRETO MANAUS - AM [**] 18/10/02
- SP
--- ------------------------ ---------------------------- ------- ------------
15. SAO XXXX DO RIO PRETO SANTA XXXXX - XX [**] 29/09/03
- SP
--- ------------------------ ---------------------------- ------- ------------
--- ------------------------ ---------------------------- ------- ------------
Total: [**]
--- ------------------------ ---------------------------- ------- ------------
6. Pursuant to Section 1.2 (a) of the Agreement, the Parties hereby agree that
the cost payable to AOL to EMBRATEL with respect to the transference (de
installation and reinstallation) of modems provided for in Sections 1 to 5 of
this Amendment #10 amount to a total equivalent to R[**].
6.1 Embratel hereby waives its rights with respect to the receipt of
such costs and expressly agrees that such transference costs shall not be
payable by AOL except if otherwise agreed by the Parties in writing. It is
understood and agreed that this waiver shall not affect any of the further
rights or obligations of the parties under the Agreement and its respective
Amendments.
7. The content of Sections 1 to 5 of this Amendment #10 supersedes entirely the
original content of each Sections 1.1 and 1.2 of Amendments #0, #0, #0, #0 and
#9. Except as otherwise amended herein, the Agreement remains unchanged.
6
IN WITNESS WHEREOF, the parties hereto have executed this Amendment effective as
of the Amendment Date.
Sao Paulo, April 3rd, 2002.
EMPRESA BRAS. DE TELECOMUNICACOES AOL BRASIL LTDA.
S.A. - EMBRATEL
/s/ VALDINEI XXXXXXX XXXXX /s/ XXXXXX XXXXXXX
--------------------------------- ------------------------------------------
NAME: VALDINEI XXXXXXX XXXXX NAME: XXXXXX XXXXXXX
TITLE: EXECUTIVE ACCOUNT MANAGER TITLE: VICE-PRESIDENT
/s/ XXXXXXX XXXXXXX XXXXXXXX
---------------------------------
NAME: XXXXXXX XXXXXXX XXXXXXXX
TITLE: ACCOUNT MANAGER
WITNESSES:
/s/ XXXXXXX XXXXX RIET /s/ LUCIANA DE XXXXXX XXXX XXXXXXXX
--------------------------------- ------------------------------------------
NAME: XXXXXXX XXXXX RIET NAME: XXXXXXX XX XXXXXXX XXXX XXXXXXXX
XX: 1,014,014,932
7
