EXHIBIT 4
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EXECUTION COPY
ASSUMPTION AGREEMENT OF
NAB NORDAMERIKA BETEILIGUNGS HOLDING GMBH
Reference is hereby made to the Coordination Agreement, dated as of July
31, 1995 (as it may be amended from time to time, the "Coordination Agreement"),
between France Telecom, a societe anonyme organized under the laws of France
("FT"), and Deutsche Telekom AG, an Aktiengesellschaft organized under the laws
of Germany ("DT"). Capitalized terms used but not defined herein shall have the
meanings assigned to such terms in the Coordination Agreement.
1. The undersigned, NAB Nordamerika Beteiligungs Holding GmbH, a limited
liability company organized under the laws of Germany and a wholly-owned
subsidiary of DT, is acquiring Class A Stock from DT on the date hereof.
Pursuant to Section 9.7 of the Coordination Agreement, for good and valuable
consideration, the undersigned hereby expressly confirms and agrees for the
benefit of FT to be bound by the terms and conditions of the Coordination
Agreement, the Amended and Restated Stockholders' Agreement, dated as of
November 23, 1998 (as amended from time to time, the "Stockholders' Agreement"),
between and among FT, DT and Sprint Corporation, a Kansas corporation
("Sprint"), the Agreement, dated as of November 23, 1998 relating to the payment
of dividends and withholding of taxes (as amended from time to time, the "Tax
Matters Agreement"), between and among FT, DT and Sprint, the Qualified
Subsidiary Standstill Agreement (as amended from time to time, the "Qualified
Subsidiary Standstill Agreement"), to be entered into by the undersigned and
Sprint on the date hereof, and the Amended and Restated Registration Rights
Agreement, dated as of November 23, 1998 (as amended from time to time, the
"Registration Rights Agreement"), between and among FT, DT and Sprint, and upon
the consummation of the undersigned's acquisition of Class A Stock, to perform,
observe and assume each and every one of the covenants, rights, promises,
agreements, terms, conditions, obligations and duties of DT under the
Coordination Agreement, the Stockholders' Agreement, the Tax Matters Agreement,
and the Registration Rights Agreement, and to perform and observe each and every
one of its covenants, rights, promises agreements, terms, conditions,
obligations and duties under the Qualified Subsidiary Standstill Agreement.
2. Nothing in this Assumption Agreement shall relieve DT of any of its
obligations under the Coordination Agreement, the Stockholders' Agreement, the
Tax Matters Agreement, the Registration Rights Agreement, and the Amended and
Restated Standstill Agreement, dated as of November 23, 1998 (as amended from
time to time), between and among FT, DT and Sprint, and DT shall remain liable
for the performance by the undersigned as a party to the Coordination Agreement,
the Stockholders' Agreement, the Registration Rights Agreement, the Tax Matters
Agreement and the Qualified Subsidiary Standstill Agreement.
3. The undersigned represents and warrants to FT (a) that it has entered
into a Qualified Subsidiary Assumption Agreement, Qualified Subsidiary Tax
Matters Assumption Agreement, Qualified Subsidiary Confidentiality Agreement,
and a Qualified Subsidiary Standstill Agreement; (b) that DT owns and holds
directly 100% of the undersigned's equity interests; and (c) that it is a
Qualified Subsidiary.
IN WITNESS WHEREOF, the undersigned has duly executed this Assumption
Agreement of NAB Nordamerika Beleiligungs Holding GmbH as of this 29th day of
December, 1999.
NAB NORDAMERIKA BETEILIGUNGS HOLDING GMBH
By:_____________________________
Name: Xx. Xxxxxxx Xxxxxxx
Title: Managing Director
By:_______________________________
Name: Xx. Xxxxx Klesing
Title: Managing Director
