EXHIBIT 10.25
UNWIRED CONTRIBUTION AGREEMENT
This Contribution Agreement is dated as of January 1, 2000 between US
Unwired Inc. ("Unwired") and Louisiana Unwired, LLC ("La. Unwired").
RECITALS
1. La. Unwired is the wholly-owned subsidiary of Unwired.
2. Pursuant to a Telecom Distribution Agreement dated contemporaneously
herewith (the "Telecom Distribution Agreement"), Unwired obtained from its
subsidiary, Unwired Telecom Corp., a distribution of an undivided interest in
certain assets, liabilities and obligations (collectively, the "Undivided
Interest") distributed to Unwired Telecom Corp. pursuant to a Distribution
Agreement contemporaneously herewith ("Meretel Distribution Agreement") between
Meretel Communications Limited Partnership and certain of its limited partners,
including Unwired Telecom Corp.
3. Unwired desires to convey all of the rights, liabilities and
obligations received by it in and to the Undivided Interest pursuant to the
Telecom Distribution Agreement as a contribution to La. Unwired, and La. Unwired
desires to accept such contribution.
NOW, THEREFORE, Unwired and La. Unwired hereby agree as follows:
AGREEMENT
Unwired hereby contributes, transfers and conveys to La. Unwired all of
its rights, liabilities and obligations received and assumed by it in and to the
Undivided Interest under the Telecom Distribution Agreement, which constitutes
all of the rights, liabilities and obligations received and assumed by Unwired
Telecom Corp. under the Meretel Distribution Agreement, and La. Unwired agrees
to accept and to be bound by and assume the Undivided Interest.
US Unwired Inc.
By: /s/ Xxxxxx X. Xxxxxxx
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Xxxxxx X. Xxxxxxx
Louisiana Unwired, LLC
By: /s/ Xxxxxx Xxxxx
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Xxxxxx Xxxxx