EXHIBIT 6
SONERA STOCKHOLDERS AGREEMENT
EXECUTION COPY
STOCKHOLDERS AGREEMENT
This Stockholders Agreement (this "AGREEMENT") dated as of
July 23, 2000 among each of the stockholders listed on the signature page hereto
(each, a " STOCKHOLDER" ) and Deutsche Telekom, an Aktiengesellschaft organized
and existing under the laws of the Federal Republic of Germany ("DT").
WHEREAS, simultaneously with the execution of this Agreement,
VoiceStream Wireless Corporation, a Delaware corporation ("VOICESTREAM"), and DT
are entering into an Agreement and Plan of Merger (the "MERGER AGREEMENT"),
dated as of the date hereof, providing, among other things, for the merger of a
subsidiary of DT with and into VoiceStream.
WHEREAS, DT has agreed to enter into the Merger Agreement only
if all the Stockholders who are parties hereto enter into this Agreement;
WHEREAS, in the Merger Agreement DT has agreed, subject to the
conditions set forth therein, to acquire all of the shares of VoiceStream Common
Stock (as defined below);
NOW THEREFORE, in consideration of the foregoing and the
mutual premises, representations, warranties, covenants and agreements contained
herein and in the Merger Agreement, the parties hereto, intending to be legally
bound hereby, agree as follows:
1. CERTAIN DEFINITIONS.
(a) For the purposes of this Agreement, all capitalized
terms used but not otherwise defined herein shall have the respective meanings
given to such terms in the Merger Agreement.
(b) For the purposes of this Agreement, the words
"beneficially owned" or "beneficial ownership" shall include, with respect to
any securities, the beneficial ownership by a Stockholder and by any direct or
indirect Subsidiary of a Stockholder.
(c) For purposes of this Agreement, the following terms
shall have the following meanings:
"DT DERIVATIVE SECURITIES" means any security convertible into
or exchangeable for DT Securities or the value of which is derived from the
value of DT Securities.
"DT SECURITIES" means DT Ordinary Shares and DT American
Depositary Shares, each representing the right to receive one DT Ordinary Share.
"TRANSFER" means, with respect to any security, the sale,
transfer, pledge, hypothecation, encumbrance, assignment or constructive sale or
other disposition of such security or the record or beneficial ownership
thereof, the offer to make such a sale, transfer, constructive sale or other
disposition, and each agreement, arrangement or understanding, whether or not in
writing, to effect any of the foregoing. The term "CONSTRUCTIVE SALE" means a
short sale with respect to such security, entering into or acquiring an
offsetting derivative contract with respect to such security, entering into or
acquiring a futures or forward contract to deliver such security or entering
into any transaction that has substantially the same effect as any of the
foregoing; provided, however, that the term "constructive sale" shall not
include transactions involving the purchase and sale of securities tracking a
broad-based stock index excluding the DAX Index.
2. REPRESENTATIONS; WARRANTIES AND COVENANTS OF EACH
STOCKHOLDER. Each Stockholder hereby represents and warrants, severally and not
jointly, to DT, solely with respect to itself, as follows:
(a) TITLE. As of the date hereof, such Stockholder is the
sole record or beneficial owner of the number of shares of VoiceStream Common
Stock or VoiceStream Preferred Stock, as the case may be, set forth opposite
such Stockholder's name on Exhibit A attached hereto (with respect to each
Stockholder, such Stockholder's "EXISTING SHARES" and, together with record or
beneficial ownership of any shares of VoiceStream Common Stock or other voting
capital stock of VoiceStream acquired after the date hereof, whether upon the
exercise of warrants or options, conversion of VoiceStream Preferred Stock or
any convertible securities or otherwise, such Stockholder's "SHARES"), and/or
the number of warrants, options or other rights to acquire or receive such
VoiceStream Common Stock or VoiceStream Preferred Stock, as the case may be, set
forth opposite such Stockholder's name on Exhibit A attached hereto (with
respect to each Stockholder, such Stockholder's "EXISTING RIGHTS" and, together
with record or beneficial ownership of any warrants, options or other rights to
acquire or receive such shares of VoiceStream Common Stock or other voting
capital stock of VoiceStream acquired after the date hereof, such Stockholder's
"RIGHTS"). Such Stockholder is the lawful owner of the Existing Shares and
Existing Rights, free and clear of all liens, claims, charges, security
interests or other encumbrances, except as disclosed on Exhibit A. As of the
date hereof, the Existing Shares constitute all of the capital stock of
VoiceStream owned of record or beneficially by such Stockholder (excluding the
Existing Rights) and such Stockholder does not own of record or beneficially, or
have the right to acquire (whether currently, upon lapse of time, following the
satisfaction of any conditions, upon the occurrence of any event or any
combination of the foregoing) any shares of VoiceStream Common Stock or
VoiceStream Preferred Stock or any other securities convertible into or
exchangeable or exercisable for shares of VoiceStream Common Stock, except
pursuant to the Existing Rights.
(b) RIGHT TO VOTE. Such Stockholder has, with respect to
all of such Stockholder's Existing Shares, and will have at the VoiceStream
Stockholders' Meeting, with respect to all of such Stockholder's Shares acquired
prior to the record date for the VoiceStream Shareholders' Meeting, sole voting
power, sole power of disposition or sole power to issue instructions with
respect to the matters set forth in Section 4 hereof and to fulfill its
obligations under such Section and shall not take any action or grant any person
any proxy (revocable or irrevocable) or power-of-attorney with respect to any
Shares or Rights inconsistent with his or its obligations as provided by Section
4 hereof. Each Stockholder hereby revokes any and all proxies with respect to
such Stockholder's Existing Shares to the extent they are inconsistent with the
Stockholders' obligations under this Agreement.
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(c) AUTHORITY. Such Stockholder has full legal power,
authority, legal capacity and right to execute and deliver, and to perform its
or his obligations under, this Agreement. No other proceedings or actions on the
part of such Stockholder are necessary to authorize the execution, delivery or
performance of this Agreement or the consummation of the transactions
contemplated hereby. This Agreement has been duly and validly executed and
delivered by such Stockholder and constitutes a valid and binding agreement of
such Stockholder enforceable against such Stockholder in accordance with its
terms, subject to (i) bankruptcy, insolvency, moratorium and other similar laws
now or hereafter in effect relating to or affecting creditors rights generally
and (ii) general principles of equity (regardless of whether considered in a
proceeding at law or in equity).
(d) CONFLICTING INSTRUMENTS. Neither the execution and
delivery of this Agreement nor the performance by such Stockholder of its
agreements and obligations hereunder will result in any breach or violation of,
or be in conflict with or constitute a default under, any term of any agreement,
judgment, injunction, order, decree, federal law or regulation to which such
Stockholder is a party or by which such Stockholder (or any of its assets) is
bound.
(e) DT'S RELIANCE. Such Stockholder understands and
acknowledges that DT is entering into the Merger Agreement in reliance upon such
Stockholder's execution, delivery and performance of this Agreement.
3. RESTRICTION ON TRANSFER; OTHER RESTRICTIONS.
(a) Each Stockholder agrees not to Transfer or agree to
Transfer any Shares or Rights owned of record or beneficially by such
Stockholder, except as otherwise permitted by this Section 3 or pursuant to the
Merger Agreement, Transfers to any Affiliate of the Stockholder who agrees in
writing to be bound by the terms of this Agreement or Transfers which occur by
operation of law if the transferee remains, or agrees in writing to remain,
bound by the terms of this Agreement, other than, in each case, with DT's prior
written consent.
(b) From the date hereof until the later of January 1,
2001 and the date of the VoiceStream Stockholders' Meeting, each Stockholder
agrees not to Transfer any Shares or Rights owned of record or beneficially by
such Stockholder, PROVIDED, HOWEVER, that this Section 3(b) shall cease to be of
any force or effect immediately upon termination of the Merger Agreement.
(c) From the later of January 1, 2001 and the date of the
VoiceStream Stockholders' Meeting, until the earlier of the Effective Time or
the termination of the Merger Agreement, each Stockholder may Transfer only up
to 17.5% of such Stockholder's Total Number of Shares; PROVIDED, HOWEVER, that
if the Effective Time shall not have occurred by July 31, 2001, the percentage
specified in this Section 3(c) shall on August 1, 2001 be increased by 3.75%
and, if the Effective Time shall not have occurred by August 31, 2001, the
percentage specified in this Section 3(c) shall on September 1, 2001 be
increased by an additional 3.75%, for an aggregate amount from and after
September 1, 2001 of 25%.
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(d) From the Effective Time through and including the
three month anniversary of the Effective Time, each Stockholder agrees not to
Transfer any DT Securities or DT Derivative Securities.
(e) From the day following the three month anniversary of
the Effective Time, through and including the six month anniversary of the
Effective Time, each Stockholder may Transfer only up to 40% of such
Stockholder's Total Number of Shares, inclusive of any Transfer of any DT
Derivative Securities.
(f) For the avoidance of doubt, the portions of a
Stockholder's Total Number of Shares permitted to be Transferred pursuant to
Section 3(c) and Section 3(e) are (i) separate and not cumulative such that if a
Stockholder does not fully utilize the permission to Transfer up to 17.5% of
such Stockholder's Total Number of Shares pursuant to Section 3(c), such
Stockholder shall not be permitted to Transfer more than 40% of such
Stockholder's Total Number of Shares pursuant to Section 3(e) and (ii) exclusive
of any Transfers permitted by this Agreement which occur at any time after the
date hereof and prior to the end of the periods specified in such Sections.
(g) For purposes of Section 3(c), a Stockholder's "Total
Number of Shares" is equal to the sum (such sum, the "INITIAL NUMBER OF SHARES")
of (i) the number of shares of Voicestream Common Stock owned of record or
beneficially by the Stockholder as of the later of January 1, 2001 and the date
of the Voicestream Stockholders' Meeting, including any shares of Voicestream
Common Stock obtainable by the Stockholder upon conversion of any shares of
Voicestream Preferred Stock owned by the Stockholder and (ii) the number of
shares of Voicestream Common Stock owned of record or beneficially by the
Stockholder as a result of the exercise or conversion, as applicable, of any
options, warrants or convertible securities (other than Voicestream Preferred
Stock) to acquire shares of Voicestream Common Stock, during the period from the
later of January 1, 2001 and the date of the Voicestream Stockholders' Meeting,
until the earlier of the Effective Time and the termination of the Merger
Agreement. For purposes of Section 3(e), Stockholder's Total Number of Shares is
equal to the sum of (i) the number of DT Securities which the Stockholder would
have been entitled to receive as Merger Consideration in the Merger in respect
of the Initial Number of Shares (determined as if all of the Stockholders who
have entered into Stockholder Agreements with DT in connection with the Merger
had made a Mixed Election) and (ii) the number of DT Securities owned of record
or beneficially by the Stockholder as a result of the exercise or conversion, as
applicable, of any options, warrants or convertible securities to acquire DT
Securities (other than any such options, warrants or convertible securities
included in the calculation of the Initial Number of Shares), during the
relevant periods specified in such subsection (e).
(h) The foregoing limitations set forth in Sections 3(c)
and (e) shall not apply to any Transfers pursuant to a tender offer, self tender
offer, exchange offer or other transaction offered generally to holders of DT
Securities and approved or not opposed by DT's Supervisory Board, and securities
subject to a Transfer made pursuant to this Section 3(h) and Section 3(l) shall
be deemed continued to be owned by the Stockholder for purposes of the
calculations made under Sections 3(c) and (e).
(i) [Reserved]
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(j) Each Stockholder agrees, prior to the Effective Time,
not to effect, directly or indirectly, or through any arrangement with a third
party pursuant to which such third party may effect, directly or indirectly, any
short sales of any VoiceStream Common Stock, DT Securities or DT Derivative
Securities except in accordance with the limitations of Section 3(c).
(k) Each Stockholder hereby irrevocably waives any rights
of appraisal or rights to dissent from the Merger that such Stockholder may
have.
(l) If DT's existing majority shareholders elect to
effect a secondary offering of their DT Securities during the period from the
Effective Time through the first anniversary of the Effective Time pursuant to a
registration statement filed pursuant to the Securities Act, DT shall use its
reasonable best efforts to obtain the agreement of such existing majority
shareholders to include in such offering the maximum amount of DT Securities
acquired pursuant to the Merger by the Stockholder and all other stockholders
who have entered into Stockholder Agreements with DT in connection with the
Merger (the Stockholder and such other stockholders, collectively, the
"STOCKHOLDERS") which such existing shareholders determine may be included in
such secondary offering without adversely affecting such secondary offering of
the securities being sold by such existing majority shareholders, on such terms
and conditions as such existing majority shareholders deem appropriate.
(m) DT has not entered into and from and after the date
hereof will not enter into, an agreement of the kind described in Section 3(l)
above pursuant to which DT or its current majority shareholders would be
requested to grant registration rights to any third parties in connection with a
secondary offering of DT Securities by such existing majority shareholders,
unless such third parties will not have the right to have any shares included in
such registered offering unless all of the shares requested to be included in
such registered offering by any Stockholders are so included.
(n) If DT acquires any company after the date hereof for
consideration valued at more than $15 billion and, at the time the agreement in
respect of such acquisition by DT is entered into, (i) such company has a single
stockholder who owns 10% or more or a group of stockholders owning in the
aggregate 20% or more of the outstanding voting securities of such company and
(ii) in each case such stockholders are (or at any time within the prior two
years were) directors of or have the right to designate one or more directors to
the Board of Directors of such company or are officers of such company or such
company has any 5% or greater stockholders (other than institutional investors)
as to whom DT could reasonably enter into an agreement in support of such
acquisition and DT obtains or could reasonably be expected to obtain the
agreement of any such stockholder or group of stockholders of such company, as
the case may be, to vote for and support the acquisition or to limit its powers
of disposition in connection with the acquisition, the transfer restrictions
specified in Sections 3(a) through (e) shall be revised to reflect the more
favorable treatment of the stockholders of such company or the absence of
restrictions, as the case may be, including the grant or sufferance to exist of
registration rights.
4. AGREEMENT TO VOTE. Each Stockholder hereby
irrevocably and unconditionally agrees to vote or to cause to be voted or
provide a consent with respect to, all Shares that he or it owns of record or
beneficially as of the record date for the VoiceStream
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Stockholders' Meeting at the VoiceStream Stockholders' Meeting and at any other
annual or special meeting of stockholders of VoiceStream or action by written
consent where such matters arise (a) in favor of the Merger and the Merger
Agreement and approval of the terms thereof and (b) against, and such
Stockholder will not consent to, approval of any Alternative Transaction or the
liquidation or winding up of VoiceStream. The obligations of each such
Stockholder specified in this Section 4 shall apply whether or not the Board of
Directors of VoiceStream makes a Subsequent Determination.
5. DELIVERY OF PROXY. In furtherance of the agreements
contained in Section 4 hereof, each Stockholder hereby agrees (a) to complete
and send the proxy card received by such Stockholder with the VoiceStream Proxy
Statement, so that such proxy card is received by VoiceStream, as prescribed by
the VoiceStream Proxy Statement, not later than the fifth Business Day preceding
the day of the VoiceStream Stockholders Meeting, (b) to vote, by completing such
proxy card but not otherwise, all the Shares he or it owns of record or
beneficially as of the record date for the VoiceStream Stockholder' Meeting (i)
in favor of the Merger and the Merger Agreement and (ii) if the opportunity to
do so is presented to such Stockholder on the proxy card, against any
Alternative Transaction and (c) not to revoke any such proxy.
6. NO SOLICITATION. From and after the date hereof, the
Stockholders shall not, nor shall they permit any of their respective
Subsidiaries to, nor shall they authorize or instruct any of their respective
officers, directors, members or employees to, and shall use their reasonable
best efforts to cause any investment banker, financial advisor, attorney,
accountants or other representatives retained by them or any of their respective
Subsidiaries not to, directly or indirectly through another person, on their
behalf, (i) solicit, initiate or knowingly encourage (including by way of
furnishing information), or knowingly take any other action designed to
facilitate, any Alternative Transaction, or (ii) participate in any substantive
discussions or negotiations regarding any Alternative Transaction, provided that
nothing herein shall affect the ability of any Stockholder in its capacity as an
officer, director, employee of, or adviser or investment banker to, VoiceStream
to take any action which is permissible under the Merger Agreement.
7. TERMINATION OF VOICESTREAM VOTING AGREEMENT AND OTHER
AGREEMENTS WITH STOCKHOLDERS. The VoiceStream Voting Agreement, the Investor
Agreement by and among Sonera Ltd. and VoiceStream dated as of September 17,
1999 and the Registration Rights Agreement between VoiceStream and Sonera Ltd.
dated as of September 17, 1999 shall, in consideration of the undertakings by DT
under this Agreement and the Merger Agreement, be terminated and be of no
further force or effect effective at the Effective Time. Each of the
Stockholders agrees that (a) until the earlier of (x) the later of January 1,
2001 and the date of the VoiceStream Stockholders' Meeting, and (y) the
termination of the Merger Agreement, such Stockholder shall not exercise any
registration rights and (b) from the date hereof until the earlier of the
termination of the Merger Agreement or the Effective Time, such Stockholder
shall not be entitled to the benefit of any preemption rights that such
Stockholder may have under the agreements listed in the immediately preceding
sentence as a result of the investment contemplated by the DT Financing
Agreements. None of the agreements so listed shall be amended or modified in a
manner inconsistent with the terms of this Agreement without DT's prior written
approval.
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8. [Reserved]
9. ADDITIONAL SHARES AND ADDITIONAL RIGHTS. If, after
the date hereof, a Stockholder acquires record or beneficial ownership of any
additional shares of capital stock of VoiceStream (any such shares, "ADDITIONAL
Shares"), including, without limitation, upon exercise of any option, warrant or
right to acquire shares of capital stock of VoiceStream, through the conversion
of the VoiceStream Preferred Stock or through any stock dividend or stock split,
or record or beneficial ownership of any additional options, warrants or rights
to acquire shares of capital stock of VoiceStream (any such options, warrants,
or rights, "ADDITIONAL RIGHTS"), the provisions of this Agreement applicable to
the Shares and the Rights shall be applicable to such Additional Shares and
Additional Rights from and after the date of acquisition thereof. The provisions
of the immediately preceding sentence shall be effective with respect to
Additional Shares and Additional Rights without action by any Person immediately
upon the acquisition by any Stockholder of record or beneficial ownership of
such Additional Shares or Additional Rights.
10. MISCELLANEOUS.
(a) ENTIRE AGREEMENT. This Agreement constitutes the
entire agreement among the parties with respect to the subject matter hereof.
(b) COSTS AND EXPENSES. All costs and expenses incurred
in connection with this Agreement and the transactions contemplated hereby shall
be paid by the party incurring such expenses.
(c) INVALID PROVISIONS. If any provision of this
Agreement shall be invalid or unenforceable under applicable law, such provision
shall be ineffective to the extent of such invalidity or unenforceability only,
without it affecting the remaining provisions of this Agreement.
(d) EXECUTION IN COUNTERPARTS. This Agreement may be
executed in counterparts transmitted and delivered by facsimile each of which
shall be an original with the same effect as if the signatures hereto and
thereto were upon the same instrument.
(e) SPECIFIC PERFORMANCE. Each Stockholder agrees with DT
as to himself or itself that if for any reason such Stockholder fails to perform
any of his or its agreements or obligations under this Agreement, irreparable
harm or injury to DT would be caused as to which money damages would not be an
adequate remedy. Accordingly, each Stockholder agrees that, in seeking to
enforce this Agreement against such Stockholder, DT shall be entitled, in
addition to any other remedy available at law, equity or otherwise, to specific
performance and injunctive and other equitable relief. The provisions of this
Section 10(e) are without prejudice to any other rights or remedies, whether at
law or in equity, that DT may have against such Stockholder for any failure to
perform any of its agreements or obligations under this Agreement.
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(f) AMENDMENTS; TERMINATION.
(i) This Agreement, including this Section 10(f), may not
be modified, amended, altered or supplemented, except upon the
execution and delivery of a written agreement executed by the parties
hereto.
(ii) The provisions of this Agreement (other than Sections
3, 4 and 5) shall terminate upon the earliest to occur of (A) the
consummation of the Merger, (B) the date that is two (2) years after
the date hereof, and (C) the termination of the Merger Agreement. The
provisions of Section 3 of this Agreement shall terminate when the
applicable time period set forth therein lapses. The provisions of
Sections 4 and 5 of this Agreement shall terminate upon the earlier of
the consummation of the Merger and termination of the Merger Agreement.
(g) GOVERNING LAW; SUBMISSION AND JURISDICTION.
(i) This Agreement shall be governed by and construed in
accordance with the laws of the State of Delaware without giving effect
to the principles of conflicts of laws thereof.
(ii) Each of the parties hereto irrevocably agrees that
any legal action or proceeding with respect to this Agreement or for
recognition and enforcement of any judgment in respect hereof brought
by the other party hereto or its successors or assigns shall be brought
and determined only in the United States District Court for the State
of Delaware or, in the event (but only in the event) that such court
does not have subject matter jurisdiction over such action or
proceeding, in the courts of the State of Delaware. Each of the parties
hereto hereby irrevocable submits with regard to any such action or
proceeding for itself and in respect to its property, generally and
unconditionally, to the personal jurisdiction of the aforesaid courts.
Each of the parties hereto hereby irrevocably waives, and agrees not to
assert, by way of motion, as a defense, counterclaim or otherwise, in
any action or proceeding with respect to this Agreement, (A) any claim
that it is not personally subject to the jurisdiction of the
above-named courts for any reason other than the failure to serve in
accordance with this Section 10(g)(ii) or that it or its property is
exempt or immune from jurisdiction of any such court or from any legal
process commenced in such courts (whether through service of notice,
attachment prior to judgment, attachment in aid of execution of
judgment, execution of judgment or otherwise), and (B) to the fullest
extent permitted by the applicable law, that (x) the suit, action or
proceeding in such court is brought in an inconvenient forum, (y) the
venue of such suit, action or proceeding is improper and (z) this
Agreement, or the subject matter hereof, may not be enforced in or by
such courts. Without limiting the foregoing, each party agrees that
service of process on such party as provided in Section 10(i) shall be
deemed effective service of process on such party.
(h) SUCCESSORS AND ASSIGNS. The provisions of this
Agreement shall be binding upon and inure to the benefit of the parties hereto
and their respective legal successors (including, in the case of such
Stockholder or any other individual, any executors, administrators, estates,
legal representatives and heirs of such Stockholder or such individual) and
permitted
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assigns; provided that, except as otherwise provided in this Agreement, no party
may assign, delegate or otherwise transfer any of its rights or obligations
under this Agreement.
(i) NOTICES. All notices and other communications given
or made pursuant hereto shall be in writing and shall be deemed to have been
duly given or made as of the date of receipt and shall be delivered personally
or sent by overnight courier or sent by telecopy, to the Parties at the
following addresses or telecopy numbers (or at such other address or telecopy
number for a party as shall be specified by like notice):
(i) if to a Stockholder, at such Stockholder's address
appearing on Annex A hereto or at any other address that such
Stockholder may have provided in writing to DT and the other
Stockholders,
with a copy to:
Wachtell, Lipton, Xxxxx & Xxxx
00 Xxxx 00xx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Attention: Xxxxxx X. Xxxx
Facsimile: 212-403-2000
And a copy to:
Xxxxxxxx, Xxxxxx & Xxxxxx LLP
000 Xxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Attention: Xxxxx X. Xxxxxxx
Facsimile: 000-000-0000
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(ii) if to DT:
Deutsche Telekom AG
140 Xxxxxxxxx-Xxxxx-Allee
53113 Bonn
Germany
Attention: Xxxxx Xxxx
Facsimile: x00-000-000-00000
with a copy to:
Cleary, Gottlieb, Xxxxx & Xxxxxxxx
Xxx Xxxxxxx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
Attention: Xxxxxx X. Xxxxx
Facsimile: (000) 000-0000
(j) WAIVER OF IMMUNITY. Each of DT and Stockholder agrees
that, to the extent that it or any of its property is or becomes entitled at any
time to any immunity on the grounds of sovereignty or otherwise based upon its
status as an agency or instrumentality of government from any legal action, suit
or proceeding or from setoff or counterclaim relating to this Agreement from the
jurisdiction of any competent court, from service of process, from attachment
prior to judgment, from attachment in aid of execution of a judgment, from
execution pursuant to a judgment or arbitral award, or from any other legal
process in any jurisdiction, it, for itself and its property expressly,
irrevocably and unconditionally waives, and agrees not to plead or claim, any
such immunity with respect to such matters arising with respect to this
Agreement or the subject matter hereof (including any obligation for the payment
of money). DT agrees that the waiver in this provision is irrevocable and is not
subject to withdrawal in any jurisdiction or under any statute, including the
Foreign Sovereign Immunities Act, 28 U.S.C. Section 1602 ET SEQ. The foregoing
waiver shall constitute a present waiver of immunity at any time any action is
initiated against DT or Stockholder with respect to this Agreement.
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IN WITNESS WHEREOF, the parties hereto have executed this
Stockholders Agreement as of this 23rd day of July, 2000.
DEUTSCHE TELEKOM AG
By:
---------------------------------
Name: Xxxxx Xxxx
Title: Head of International Legal
Affairs
SONERA CORPORATION
By:
---------------------------------
Name:
SONERA HOLDING B.V.
By:
---------------------------------
Name:
Title:
