Exhibit 10.49
Execution Copy
EXPANSION
SUBSCRIPTION AND CONTRIBUTION AGREEMENT
dated as of
September 9, 1999
among
NEXTEL PARTNERS, INC.,
and
THE BUYERS NAMED HEREIN
relating to the purchase and sale
of
Series A Convertible Preferred Stock
and
Series C Convertible Preferred Stock
of
Nextel Partners, Inc.
TABLE OF CONTENTS
Page
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ARTICLE 1 DEFINITIONS .........................................................1
ARTICLE 2 PURCHASE AND SALE ...................................................4
SECTION 2.01 Purchase and Sale .....................................4
SECTION 2.02 Closing ...............................................4
SECTION 2.03 Subsequent Payments ...................................5
SECTION 2.04 Remedies ..............................................7
ARTICLE 3 REPRESENTATIONS AND WARRANTIES OF SELLER ............................7
SECTION 3.01 Corporate Existence and Power .........................7
SECTION 3.02 Corporate Authorization ...............................7
SECTION 3.03 Governmental Authorization ............................8
SECTION 3.04 Noncontravention ......................................8
SECTION 3.05 Capitalization and Voting Rights ......................8
SECTION 3.06 Valid Issuance of Securities ..........................9
SECTION 3.07 Litigation ............................................9
SECTION 3.08 Financial Information .................................9
SECTION 3.09 Representations of Buyers .............................9
SECTION 3.10 Use of Proceeds ......................................10
ARTICLE 4 REPRESENTATIONS AND WARRANTIES OF BUYERS ...........................10
SECTION 4.01 Existence and Power ..................................10
SECTION 4.02 Authorization ........................................10
SECTION 4.03 Governmental Authorization ...........................10
SECTION 4.04 Noncontravention .....................................10
SECTION 4.05 Purchase for Investment ..............................11
SECTION 4.06 Private Placement ....................................11
SECTION 4.07 Litigation ...........................................12
SECTION 4.08 Brokers or Finders' Fees .............................12
SECTION 4.09 Capital of DLJMB .....................................12
SECTION 4.10 Capital Commitment ...................................13
SECTION 4.11 FCC Compliance; NWIP FCC Licenses ....................13
SECTION 4.12 Newly Formed Corporation .............................13
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ARTICLE 5 CONDITIONS TO CLOSING ..............................................14
SECTION 5.01 Conditions to Obligations of each Buyer
and Seller ...........................................14
SECTION 5.02 Conditions to Obligation of each Buyer ...............15
SECTION 5.03 Conditions to Obligation of Seller ...................15
ARTICLE 6 SURVIVAL; INDEMNIFICATION ..........................................16
SECTION 6.01 Survival .............................................16
SECTION 6.02 Indemnification ......................................16
SECTION 6.03 Exclusivity ..........................................17
ARTICLE 7 MISCELLANEOUS ......................................................17
SECTION 7.01 Notices ..............................................17
SECTION 7.02 Amendments and Waivers ...............................18
SECTION 7.03 Expenses .............................................18
SECTION 7.04 Successors and Assigns ...............................18
SECTION 7.05 Governing Law ........................................18
SECTION 7.06 Jurisdiction .........................................18
SECTION 7.07 Waiver of Jury Trial .................................19
SECTION 7.08 Counterparts; Third Party Beneficiaries ..............19
SECTION 7.09 Entire Agreement .....................................19
SECTION 7.10 Captions .............................................19
SECTION 7.11 Severability .........................................19
SECTION 7.12 Interpretation .......................................19
SECTION 7.13 Remedies Cumulative ..................................19
SECTION 7.14 Subrogation ..........................................20
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Schedule A Schedule of Investors
Schedule B Seller's Account Information
Schedule C NWIP FCC Licenses
Schedule D Transaction Documents
Schedule 3.04 Consents
Schedule 3.05 Capitalization
Schedule 4.11 Exceptions to Section 4.11
Exhibit A Amendment to Infrastructure Equipment Purchase Agreement
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EXPANSION SUBSCRIPTION AND CONTRIBUTION AGREEMENT
AGREEMENT dated as of September 9, 1999 between Nextel Partners, Inc., a
Delaware corporation (the "Company" or "Seller"), and each of the Persons named
on Schedule A hereto (each a "Buyer" and, collectively, the "Buyers").
WITNESSETH:
WHEREAS, pursuant to the terms of the Subscription and Contribution
Agreement dated as of January 29, 1999 among the Company and the investors party
thereto (the "Original Subscription Agreement"), each of the Buyers purchased
the securities of the Company specified therein;
WHEREAS, to further finance, in part, the building and operation of an 800
MHZ digital wireless communications network (including, without limitation, the
expansion of the Territory to include certain Special and non-Special Option
Sections (as such terms are defined in the Joint Venture Agreement)), the
Company intends to issue shares of Series A Convertible Preferred Stock, par
value $0.001 per share (the "Series A Preferred") and Series C Convertible
Preferred Stock, par value $0.001 per share (the "Series C Preferred" and,
together with the Series A Preferred, the "Securities");
WHEREAS, the Company desires to issue and sell the relevant Securities to
each of the Buyers, and each of the Buyers desires to purchase the relevant
Securities from Seller, upon the terms and subject to the conditions hereinafter
set forth;
The parties hereto agree as follows:
ARTICLE 1
DEFINITIONS
SECTION 1.01 Definitions. (a) The following terms, as used herein, have
the following meanings:
"Affiliate" means, with respect to any Person, any other Person directly
or indirectly controlling, controlled by, or under common control with such
Person. For purposes of this definition, the terms "control" (including with
correlative meanings, the terms "controlling", "controlled by" and "under common
control with"), as used with respect to any Person, means the possession,
directly or indirectly, of the power to vote or direct the voting of more than
50% of the outstanding shares of voting stock (or other ownership interests) of
such Person, or to direct or cause the direction of the management and policies
of such Person whether by contract or otherwise.
"Asset Transfer Agreement" means the Expansion Asset Transfer and
Reimbursement Agreement, dated as of the date hereof, between Opco and NWIP.
"Cash Investor" means each Buyer (including NWIP with respect to the cash
portion of its Purchase Price) other than Motorola.
"Company Capital Stock" has the meaning set forth in the Shareholders'
Agreement.
"Closing Date" means the date of the Closing.
"Credit Facility" means the Credit Agreement, dated as of January 29,
1999, between Opco and the lenders named therein, as amended and restated on the
Closing Date.
"Custodial Agreement" means the Custodial Agreement, dated as of January
29, 1999, among the Bank of Montreal Trust Company, the Company and the other
investors listed on the signature pages thereof.
"DLJ Entities" means XXXXX, XXX Xxxxxxxx Xxxxxxxx XX, X.X., XXX
Diversified Partners, L.P., DLJMB Funding II, Inc., DLJ Merchant Banking
Partners II - A, L.P., DLJ Diversified Partners - A, L.P., DLJ Millennium
Partners, L.P., DLJ Millennium Partners - A, L.P., UK Investment Plan 1997
Partners, DLJ EAB Partners, L.P., DLJ ESC II L.P., DLJ First ESC L.P., and
Madison Dearborn Capital Partners II, L.P. ("Madison Dearborn").
"DLJMB" means DLJ Merchant Banking Partners II, L.P., a Delaware limited
partnership.
"Expansion Co." means Nextel WIP Expansion Corp., a Delaware corporation
and wholly-owned subsidiary of Nextel.
"FCC" means the Federal Communications Commission or similar regulatory
authority established in replacement thereof.
"FCC Law" means the Communications Act of 1934, as amended, including as
amended by the Telecommunications Act of 1996, and the rules, regulations and
policies promulgated thereunder.
"Financings" means (i) the $150,000,000 Term C Loan advanced to Opco under
the Credit Facility and (ii) the issuance and sale of the Securities hereunder.
"Joint Venture Agreement" means that certain Joint Venture Agreement,
dated as of January 29, 1999, by and among NWIP, the Company and Opco, as such
may be amended from time to time.
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"License Transfer" means the transfer of the capital stock of Expansion
Co. to the Company or a Subsidiary thereof.
"Lien" means, with respect to any property or asset, any mortgage, lien,
pledge, charge, security interest or encumbrance in respect of such property or
asset, or any right of others therein.
"Management Agreement" means that certain Expansion Territory Management
Agreement, dated as of the date hereof, by and between Opco and NWIP as such may
be amended from time to time.
"Motorola" means Motorola, Inc.
"Nextel" means Nextel Communications, Inc.
"Nextel Controlled Group" means Nextel and its controlled Affiliates,
whether now existing or hereafter created or acquired.
"NWIP" means Nextel WIP Corp., a Delaware corporation.
"NWIP FCC Licenses" means those FCC licenses set forth on Schedule C.
"1933 Act" means the Securities Act of 1933, as amended, and the rules and
regulations promulgated thereunder.
"Opco" means Nextel Partners Operating Corp., a Delaware corporation and a
wholly-owned subsidiary of the Company.
"Person" means an individual, corporation, partnership, limited liability
company, association, trust or other entity or organization, including a
government or political subdivision or an agency or instrumentality thereof.
"Shareholders' Agreement" means that certain Shareholders' Agreement,
dated as of January 29, 1999, by and among the Company, NWIP, DLJMB, Eagle River
Investments, LLC ("Eagle River"), Motorola and certain other investors listed on
the signature pages thereof.
"Transaction Documents" means those documents listed on Schedule D.
(b) Each of the following terms is defined in the Section set forth
opposite such term:
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Term Section
Accredited Investor 4.06(h)
Buyers Preamble
Buyer Indemnified Party 6.02(a)
Closing 2.02(a)
Company Preamble
Damages 6.02(a)
DLJ 4.09
DLJMB II, Inc. 4.09
Initial Cash Contribution 2.02(a)
Xxxxxxx 7.15
Original Subscription Agreement Recitals
Permits 3.01
Purchase Price 2.01
Restated Certificate 3.05
Seller Preamble
Seller Indemnified Party 6.02(b)
Series A Preferred Recitals
Series C Preferred Recitals
Subsequent Cash Contribution 2.03(a)
Subsequent Payment Date 2.03(a)
ARTICLE 2
PURCHASE AND SALE
SECTION 2.01 Purchase and Sale. Upon the terms and subject to the
conditions of this Agreement, Seller agrees to issue and sell to each Buyer and
each Buyer irrevocably agrees in its own name severally and not jointly, to
purchase from Seller the Securities set forth opposite such Buyer's name on
Schedule A hereto at the Closing. In the event that any DLJ Entity fails to
purchase from Seller the Securities set forth opposite such DLJ Entity's name on
Schedule A hereto at the Closing, DLJMB agrees to purchase such Securities at
the Closing. The aggregate purchase price for the Securities (the "Purchase
Price") payable by each Buyer is the amount in cash or in assets specified
opposite such Buyer's name on Schedule A hereto. The Purchase Price shall be
paid as provided in Section 2.02.
SECTION 2.02 Closing. The closing (the "Closing") of the purchase and sale
of the Securities hereunder shall take place at the offices of Xxxxx, Xxxxx &
Xxxxx, 0000 Xxxxxxxx, Xxx Xxxx, XX 00000, as soon as possible, but in no event
later than five business days, after
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satisfaction of the conditions set forth in Article 5, or at such other time or
place as Buyers and Seller may agree. At the Closing:
(a) Each Cash Investor shall deliver to Seller, in immediately available
funds, one-third (1/3) of the Purchase Price (the "Initial Cash Contribution")
set forth opposite such Buyer's name on Schedule A hereto, by wire transfer (or
other means acceptable to Seller) to the account of Seller described on Schedule
B.
(b) NWIP will (i) execute and deliver to the Custodian one or more stock
certificates, together with stock powers duly executed in blank, representing
all the outstanding stock of Expansion Co., together with irrevocable
instructions to release the stock of Expansion Co. to Seller upon receipt of a
written notice from Seller and NWIP that FCC approval of the License Transfer
has been received and (ii) execute and deliver the Management Agreement. The
transfer of the stock of Expansion Co. to Seller will occur immediately upon
receipt by the Custodian of the notice referred to above.
(c) Motorola will execute and deliver to the Company Supplement No.1 to
the Infrastructure Equipment Purchase Agreement by and between Opco and
Motorola, in substantially the form of Exhibit A.
(d) Seller shall deliver to each Buyer certificates, or other appropriate
documentation, for the relevant Securities duly registered in the name of such
Buyer.
SECTION 2.03 Subsequent Payments. (a) Each Cash Investor shall deliver
additional payments of one-third (1/3) of such Cash Investor's Purchase Price
(each, a "Subsequent Cash Contribution") to Seller in immediately available
funds, by wire transfer (or other means acceptable to Seller) to the account
described on Schedule B (or such other account as the Seller may from time to
time designate) on each of September 9, 2000 and September 9, 2001 (each, a
"Subsequent Payment Date").
(b) Seller has the right to (i) accelerate payment of each of the
Subsequent Cash Contributions by up to 60 days prior to the relevant Subsequent
Payment Date by providing the relevant Buyers with notice at least 30 days
before the proposed payment date and (ii) assign the right to receive any unpaid
Subsequent Cash Contribution to a lender as security for an interim advance to
the Company by such lender.
(c) Each Cash Investor acknowledges and agrees that, if the Closing
occurs, its obligation to make payments to Seller of the relevant Subsequent
Cash Contributions constitutes an absolute, irrevocable and unconditional
obligation, and shall not be subject to claim, set-off, or other rights which
such Buyer may have at any time against the Seller. If a Buyer fails to pay a
Subsequent Cash Contribution to the Seller more than two business days after the
Subsequent Payment Date: (i) such defaulting party will be subject to liquidated
damages in the amount of
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25% of its Company Capital Stock (including all of the Company Capital Stock
acquired under the Original Subscription Agreement) (which liquidated damages,
in the case of the DLJ Entities, shall be paid to DLJMB (in lieu of the
Company), if DLJMB timely paid (or caused to be paid timely) the Subsequent Cash
Contribution), (ii) all remaining Subsequent Cash Contributions of such
defaulting party shall become immediately due and payable in full, (iii) the
outstanding amount shall accrue interest at a rate per annum equal to 200 basis
points over the highest rate of interest charged from time to time by the
Seller's senior lenders, (iv) the rights of such defaulting party under the
Shareholders' Agreement but none of its obligations will terminate and (v) the
Series A Preferred of such defaulting party (including all of the Series A
Preferred acquired under the Original Subscription Agreement) will convert to
Class A Common Stock and, in the case of NWIP, the Series C Preferred (including
all of the Series C Preferred acquired under the Original Subscription
Agreement) will convert to Class B Common Stock, in each case in accordance with
the Restated Certificate.
(d) (i) Without limiting Section 2.03(c), in the event that any DLJ Entity
fails to make any Subsequent Cash Contribution on the applicable Subsequent
Payment Date, DLJMB shall make (or shall cause to be made) such Subsequent Cash
Contribution within two business days of such Subsequent Payment Date. DLJMB
acknowledges and agrees that, if the Closing occurs, its obligation to make
payments to Seller of Subsequent Cash Contributions of other DLJ Entities
pursuant to the preceding sentence constitutes an absolute, irrevocable and
unconditional obligation, and shall not be subject to claim, set-off, or other
rights which DLJMB may have at any time against the Seller nor shall the Seller
be required to exhaust any remedies against the defaulting party before
proceeding against DLJMB to enforce this Section 2.03(d) against DLJMB. In the
event of a payment default by DLJMB under this paragraph (d), (i) all remaining
Subsequent Cash Contributions of DLJMB shall become immediately due and payable
in full, (ii) the outstanding amount shall accrue interest at a rate per annum
equal to 200 basis points over the highest rate of interest charged from time to
time by the Seller's senior lenders, (iii) the Series A Preferred of DLJMB
(including all of the Series A Preferred acquired under the Original
Subscription Agreement) will convert to Class A Common Stock in accordance with
the Restated Certificate and (iv) the rights of DLJMB but none of its
obligations under the Shareholders' Agreement will terminate.
(ii) Without limiting Section 2.03(c), in the event that NWIP fails
to make any Subsequent Cash Contribution on the applicable Subsequent Payment
Date, Seller shall have the right, until all remaining Subsequent Cash
Contributions of NWIP are made in accordance with the terms hereof, to set-off
the full amount of all remaining Subsequent Cash Contributions of NWIP against
any and all amounts which Seller, Opco or any subsidiary thereof owes to NWIP
under the Collateral Agreements (as such term is defined in the Joint Venture
Agreement), regardless of whether any such amounts owed to NWIP arose prior to
or following NWIP's failure to make a Subsequent Cash Contribution hereunder.
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(e) In the event that a Cash Investor transfers all or part of its
Securities in advance of completing its payment obligations under Article 2,
such Cash Investor shall remain primarily liable for the transferee's remaining
Subsequent Cash Payments.
(f) NWIP covenants and agrees that it will cause the representations and
warranties in Section 4.12 to remain true and correct at all times from the date
hereof until the License Transfer has been consummated and shall also use its
commercially reasonable best efforts to cause the representations and warranties
set forth in Section 4.11 to remain true and correct at all times from the date
hereof until the License Transfer has been consummated. NWIP agrees that, upon
such approval of the FCC as will permit the License Transfer to be lawfully
consummated, such transfer will thereupon be deemed to be accomplished without
any further action on the part of NWIP, and the Company and the Custodian are
hereby irrevocably authorized at such time to deliver the stock certificates and
completed stock power in such manner as necessary and appropriate to consummate
(i) the License Transfer and (ii) the pledge of the stock of Expansion Co. to
Opco's senior lenders as contemplated by the terms of the Credit Facility.
SECTION 2.04 Remedies. Each Buyer acknowledges that the Seller is a
start-up company and agrees that as such the Seller would suffer irreparable
harm, including great harm to its ability to operate in accordance with its
business plan during its critical start-up phase, in the event that such Buyer
failed to pay in full, as and when due, its portion of the Purchase Price. The
parties agree that if any provision of this Article 2 is not performed by a
Buyer in accordance with its specific terms or is otherwise breached,
irreparable damage to the Seller would occur, no adequate remedy at law would
exist and damages would be difficult to determine, and that the Seller will
therefore be entitled to (i) specific performance of the terms of this Article
2, (ii) the remedies set forth in Sections 2.03(c) and 2.03(d), including,
liquidated damages in the amount of 25% of such Buyer's Securities (which
damages are intended by the parties to compensate the Seller for the harm
suffered by reason of such Buyer's failure to pay when due its portion of the
Purchase Price, it being understood and agreed that recovery of damages in an
amount equal to such portion of the Purchase Price plus accrued interest thereon
shall not be sufficient to adequately compensate the Seller for such harm) and
(iii) any other remedy available under this Agreement or otherwise at law or in
equity.
ARTICLE 3
REPRESENTATIONS AND WARRANTIES OF SELLER
Seller represents and warrants to each Buyer as of the date hereof that:
SECTION 3.01 Corporate Existence and Power. Each of Seller and Opco is a
corporation duly incorporated, validly existing and in good standing under the
laws of the State of Delaware and has all corporate powers and all governmental
licenses, authorizations, permits, consents and approvals ("Permits"), required
to carry on its business as now conducted.
7
SECTION 3.02 Corporate Authorization. The execution, delivery and
performance by each of Seller and Opco of each of the Transaction Documents to
which it is a party and the consummation of the transactions contemplated hereby
and thereby (including the issuance and sale of the Securities) are within
Seller's or Opco's (as applicable) corporate powers and have been duly
authorized by all necessary corporate action on the part of such corporation.
Each of the Transaction Documents to which it is a party constitutes or, when
executed, will constitute a valid and binding agreement of each of Seller and
Opco, enforceable against Seller and Opco in accordance with its respective
terms, except (i) as limited by the applicable bankruptcy, insolvency,
reorganization, moratorium, and other laws of general application affecting
enforcement of creditors' rights generally, or (ii) as limited by laws relating
to the availability of specific performance, injunctive relief, or other
equitable remedies.
SECTION 3.03 Governmental Authorization. The execution, delivery and
performance by Seller and Opco of each of the Transaction Documents to which it
is a party and the consummation of the transactions contemplated hereby and
thereby require no order, license, consent, authorization or approval of, or
exemption by, or action by or in respect of, or notice to, or filing or
registration with, any governmental body, agency or official except such as have
been made or obtained and, with respect to its conduct of business after the
Closing as contemplated by the Joint Venture Agreement, such of the foregoing as
Seller reasonably expects to obtain in the ordinary course of business.
SECTION 3.04 Noncontravention. The execution, delivery and performance by
Seller and Opco of each of the Transaction Documents to which it is a party and
the consummation of the transactions contemplated hereby and thereby do not and
will not (i) violate the Restated Certificate or the by-laws of the Seller or
the Certificate of Incorporation or by-laws of Opco, (ii) violate any applicable
law, rule, regulation, judgment, injunction, order or decree, (iii) except as
set forth on Schedule 3.04 hereto, require any consent or other action by any
Person under, constitute a default under (with due notice or lapse of time or
both), or give rise to any right of termination, cancellation or acceleration of
any right or obligation of Seller or Opco or to a loss of any material benefit
to which Seller or Opco is entitled under any provision of any agreement or
other instrument binding upon Seller or Opco or any of Seller's or Opco's assets
or properties or (iv) result in the creation or imposition of any material Lien
on any property or asset of Seller or Opco, other than under the Credit
Facility.
SECTION 3.05 Capitalization and Voting Rights. (a) The authorized capital
stock of Seller consists of 75,000,000 shares of Class A Common Stock,
25,000,000 shares of Class B Common Stock and 70,000,000 shares of preferred
stock. The outstanding equity securities of Seller immediately prior to the
Closing are set forth on Schedule 3.05. The rights, privileges and preferences
of the Class A and Class B Common Stock and the Series A, Series B, Series C and
Series D Preferred Stock are set forth in the Restated Certificate of
Incorporation (the "Restated Certificate").
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(b) Immediately following the Closing the outstanding equity securities of
Seller will be as set forth on Schedule 3.05.
(c) The authorized capital stock of Opco consists of 200 shares of common
stock. The outstanding capital stock of Opco is 100 shares of common stock. The
Seller owns all the outstanding capital stock of Opco.
(d) Except as set forth in this Section 3.05 or on Schedule 3.05, there
are, and immediately after the Closing there will be, no outstanding (i) shares
of capital stock or voting securities of the Seller or Opco, (ii) securities of
the Seller or Opco convertible into or exchangeable for shares of capital stock
or voting securities of the Seller or Opco, as the case may be, (iii) options or
other rights to acquire from the Seller or Opco, or other obligation of the
Seller or Opco to issue, any capital stock, voting securities or securities
convertible into or exchangeable for capital stock or voting securities of the
Seller or Opco, or (iv) other than as expressly permitted in the Transaction
Documents, no obligation of the Seller or Opco to repurchase or otherwise
acquire or retire any shares of capital stock or any convertible securities,
rights or options of the type described in (i), (ii), or (iii).
SECTION 3.06 Valid Issuance of Securities. Each of the Securities which
are being issued to the Buyers hereunder has been duly and validly authorized
and when issued, sold and delivered in accordance with the terms hereof for the
consideration expressed herein, will be fully paid and nonassessable.
SECTION 3.07 Litigation. (a) There is no action, suit, investigation or
proceeding pending against, or to the knowledge of Seller, threatened against or
affecting Seller or any of its properties before any court or arbitrator or any
governmental body, agency or official which in any manner challenges or seeks to
prevent, enjoin, alter or materially delay the transactions contemplated by this
Agreement or which could reasonably be expected to have a material adverse
effect on the business, financial condition, properties or operations of Seller,
nor is Seller aware that there is any basis for the foregoing.
(b) There is no action, suit, investigation or proceeding pending against,
or to the knowledge of Opco, threatened against or affecting Opco or any of its
properties before any court or arbitrator or any governmental body, agency or
official which in any manner challenges or seeks to prevent, enjoin, alter or
materially delay the transactions contemplated by this Agreement or which could
reasonably be expected to have a material adverse effect on the business,
financial condition, properties or operations of Opco, nor is Opco aware that
there is any basis for the foregoing.
SECTION 3.08 Financial Information. The financial statements of the
Company contained in Amendment No. 4 to the Form S-4 Registration Statement
filed by the Company
9
with the Securities and Exchange Commission on July 30, 1999 present fairly, in
all material respects, the financial position of the Company and its
consolidated subsidiaries as of December 31, 1998, and the results of their
operations and their cash flows for the year then ended in conformity with
generally accepted accounting principles.
SECTION 3.09 Representations of Buyers. Seller has not relied on any
representations or warranties of Buyers or any Affiliate of Buyers not made in
this Agreement or any of the other Transaction Documents. Seller has not relied
on and acknowledges that no representations have been made by any Buyers or any
officers, employees, Affiliates, agents or representatives of Buyers, or any
Management Stockholder, except for representations and warranties expressly set
forth in this Agreement and the other Transaction Documents.
SECTION 3.10 Use of Proceeds. The proceeds from the Financings will be
used to fund the build out of, and operating and transaction expenses relating
to, the Seller's wireless communications network.
ARTICLE 4
REPRESENTATIONS AND WARRANTIES OF BUYERS
Each Buyer (or in the case of Section 4.09, DLJMB only, and Sections 4.11
and 4.12, NWIP only) represents and warrants to Seller (or in the case of
Section 4.06, to Seller, NWIP and Nextel), severally as to itself only and not
jointly or as to any other Buyer, that as of the date hereof (and in the case of
Sections 4.11 and 4.12, as of the date of the completion of the License
Transfer):
SECTION 4.01 Existence and Power. Such Buyer, if not an individual, is
duly organized, validly existing and in good standing under the laws of its
jurisdiction of organization and has all powers (corporate, partnership or
otherwise) and all Permits required to carry on its business as now conducted.
Such Buyer, if an individual, has the legal capacity to enter into this
Agreement and the Transaction Documents to which it is a party.
SECTION 4.02 Authorization. The execution, delivery and performance by
such Buyer of this Agreement and each of the other Transaction Documents to
which it is a party and the consummation of the transactions contemplated hereby
and thereby are or, when executed, will be within the powers (corporate,
partnership or otherwise) of such Buyer and have been or will have been duly
authorized by all necessary action on the part of such Buyer. This Agreement and
each other Transaction Document to which such Buyer is a party constitutes a
valid and binding agreement of such Buyer, each enforceable in accordance with
its respective terms, except (i) as limited by the applicable bankruptcy,
insolvency, reorganization, moratorium, and other laws of general application
affecting enforcement or creditors' rights
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generally, or (ii) as limited by laws relating to the availability of specific
performance, injunctive relief, or other equitable remedies.
SECTION 4.03 Governmental Authorization. The execution, delivery and
performance by such Buyer of this Agreement and each other Transaction Document
to which such Buyer is a party and the consummation of the transactions
contemplated hereby and thereby require no order, license, consent,
authorization or approval of, or exemption by, or action by or in respect of, or
notice to, or filing or registration with, any governmental body, agency or
official except as contemplated by Section 2.02(b)(i) and as set forth in
Article 5.
SECTION 4.04 Noncontravention. The execution, delivery and performance by
such Buyer of this Agreement and each of the relevant Transaction Documents and
the consummation of the transactions contemplated hereby and thereby do not and
will not (i) violate the organizational documents of such Buyer, (ii) violate
any applicable law, rule, regulation, judgment, injunction, order or decree,
(iii) require any consent or other action by any Person under, constitute a
default under (with due notice or lapse of time or both), or give rise to any
right of termination, cancellation or acceleration of any right or obligation of
such Buyer (or, in the case of NWIP, NWIP or Expansion Co.) or to a loss of any
material benefit to which such Buyer (or, in the case of NWIP, NWIP or Expansion
Co.) is entitled under any provision of any agreement or other instrument
binding upon such Buyer (or, in the case of NWIP, NWIP or Expansion Co.) or any
of its assets or properties, to the extent that any of the foregoing would have
a material adverse effect on such Buyer or would prevent or otherwise render
such Buyer unable to perform its obligations under this Agreement or any other
Transaction Document to which it is a party or (iv) result in the creation or
imposition of any material Lien on any property or asset of such Buyer (or, in
the case of NWIP, NWIP or Expansion Co.), to the extent that any of the
foregoing would have a material adverse effect on such Buyer or would prevent or
otherwise render such Buyer unable to perform its obligations under this
Agreement or any other Transaction Document to which it is a party.
SECTION 4.05 Purchase for Investment. Such Buyer is purchasing the
relevant Securities for investment for its own account and not with a view to,
or for sale in connection with, any distribution thereof.
SECTION 4.06 Private Placement. (a) Such Buyer understands that (i) the
offering and sale of the Securities hereby is intended to be exempt from
registration under the 1933 Act and (ii) there is only a limited market for the
Securities, and there can be no assurance that any Buyer will be able to sell or
dispose of the Securities to be purchased by such Buyer.
(b) Such Buyer's financial situation is such that such Buyer can afford to
bear the economic risk of holding the relevant Securities acquired hereunder for
an indefinite period of time, and such Buyer can afford to suffer the complete
loss of the investment in such Securities.
11
(c) Such Buyer's knowledge and experience in financial and business
matters are such that it is capable of evaluating the merits and risks of the
investment in the relevant Securities, or such Buyer has been advised by a
representative possessing such knowledge and experience.
(d) Such Buyer understands that the Securities acquired hereunder are a
speculative investment which involves a high degree of risk of loss of the
entire investment therein, that there are substantial restrictions on the
transferability of the Securities as set forth in the Shareholders' Agreement,
and that for an indefinite period following the date hereof there will be no (or
only a limited) public market for the Securities and that, accordingly, it may
not be possible for such Buyer to sell the Securities in case of emergency or
otherwise.
(e) Such Buyer and its representatives, including, to the extent it deems
appropriate, its professional, financial, tax and other advisors, have reviewed
all documents provided to them in connection with the investment in the
Securities, and such Buyer understands and is aware of the risks related to such
investment.
(f) Such Buyer and its representatives have been given the opportunity to
examine all documents and to ask questions of, and to receive answers from,
Seller and its representatives and Nextel and its representatives concerning the
terms and conditions of the acquisition of the Securities and related matters
and to obtain all additional information which such Buyer or its representatives
deem necessary.
(g) All written information which such Buyer has provided to Seller and
its representatives and Nextel and its representatives concerning such Buyer and
such Buyer's financial position was true, complete and correct at the time it
was provided.
(h) Such Buyer is an "Accredited Investor" as such term is defined in
Regulation D under the 1933 Act.
(i) Such Buyer is not relying on and acknowledges that no representation
is being made by any other Buyer, or any of its officers, employees, Affiliates,
agents or representatives, the Seller or any of its officers, employees,
Affiliates, agents or representatives, Nextel or any of its officers, employees,
Affiliates, agents or representatives, or any Management Stockholder, except for
representations and warranties expressly set forth in this Agreement and the
other Transaction Documents.
SECTION 4.07 Litigation. There is no action, suit, investigation or
proceeding pending against, or to the knowledge of such Buyer threatened against
or affecting, such Buyer before any court or arbitrator or any governmental
body, agency or official which could be reasonably expected to have a material
adverse effect on its ability to consummate the transactions contemplated by
this Agreement or the other Transaction Documents.
12
SECTION 4.08 Brokers or Finders' Fees. There is no investment banker,
broker, finder or other intermediary which has been retained by, will be
retained by or is authorized to act on behalf of such Buyer who might be
entitled to any fee or commission from the Seller upon consummation of the
transactions contemplated by this Agreement.
SECTION 4.09 Capital of DLJMB. DLJ Merchant Banking II, Inc. ("DLJMB II,
Inc.") is an indirect wholly-owned subsidiary of Xxxxxxxxx Xxxxxx & Xxxxxxxx,
Inc. ("DLJ") and is the managing general partner of DLJMB and certain affiliated
investment vehicles that coinvest with DLJMB. DLJMB and the other DLJ Entities
were organized with committed capital of $3 billion, of which approximately 25%
remains available for investment. The scheduled term of DLJMB extends through
2005 and no event or circumstance has occurred that would reasonably be expected
to cause the term of DLJMB to expire or be subject to termination prior to the
last Subsequent Payment Date. Through DLJMB and the other DLJ Entities, DLJMB
II, Inc. has access to freely available cash in an amount sufficient to make in
full and in a timely manner all committed investments contemplated to be made by
it (including its transferees, if any) hereunder, including the Subsequent Cash
Contributions, in the aggregate amount of $7,951,499. As of the date hereof,
each of the DLJ Entities is an Affiliate of DLJ.
SECTION 4.10 Capital Commitment. Each Cash Investor has, and will have on
the Closing Date and on any Subsequent Payment Date, cash available to it in an
amount sufficient to make its Initial Cash Contribution or Subsequent Cash
Contribution, as the case may be, in accordance with the terms of Article 2.
SECTION 4.11 FCC Compliance; NWIP FCC Licenses. (a) Expansion Co. is the
holder of the NWIP FCC Licenses. Except as disclosed in Schedule 4.11, each of
the NWIP FCC Licenses is valid and in full force and effect. Except as disclosed
in Schedule 4.11, there are no conditions on the NWIP FCC Licenses that would
likely have a material adverse effect on such licenses or their use in an ESMR
network in the Territories as contemplated by the Joint Venture Agreement other
than those as set forth on the face of the NWIP FCC Licenses or in statutes and
FCC rules and policies of general applicability to the commercial mobile radio
industry. Except as disclosed in Schedule 4.11, there is no complaint,
investigation, notice of violation, or other proceeding against, or otherwise
relating to, the NWIP FCC Licenses, Expansion Co. or any member of the Nextel
Controlled Group pending or, to the knowledge of Expansion Co. or any member of
the Nextel Controlled Group, threatened by or before the FCC (i) that would
likely have a material adverse effect on the NWIP FCC Licenses or their use in
an ESMR network in the Territories as contemplated by the Joint Venture
Agreement, (ii) which questions or contests the validity of, or assignment to
the Company or any member of the Nextel Controlled Group, or seeks the
revocation, non-renewal or suspension of, any of the NWIP FCC Licenses, (iii)
which seeks the imposition of any modification or amendment with respect to any
of the NWIP FCC Licenses, or (iv) which could reasonably be expected to
adversely affect the ability of Seller to build and operate an iDEN system after
the Closing Date substantially as contemplated by the
13
relevant Transaction Documents other than proceedings which generally affect the
commercial mobile radio industry. Except as disclosed in Schedule 4.11,
Expansion Co. and the Nextel Controlled Group are in compliance in all material
respects with the FCC Law, and the rules and regulations of the FCC, including
without limitation all applicable eligibility criteria for holding the NWIP FCC
Licenses, except to the extent that noncompliance would not likely have a
material adverse effect on the NWIP FCC Licenses or their use in an ESMR Network
in the Territories as contemplated by the Joint Venture Agreement.
(b) NWIP reaffirms the representations and warranties set forth in
Section 4.11(a) as of the date of the License Transfer, provided, that the
Seller acknowledges that NWIP is not responsible for a breach of such
representations and warranties under Section 4.11(a) resulting from any action
or inaction by the Seller or any of its subsidiaries with respect to such NWIP
FCC Licenses.
(c) NWIP has waived the requirement set forth in Section 6.2B of the
Joint Venture Agreement that, prior to the expansion of the Territory to include
some or all of the non-Special Option Sections, the Company shall have completed
the Build Out of all Year One Build Areas in the Initial Sections before the end
of the Election Period (as such terms are defined in the Joint Venture
Agreement).
SECTION 4.12 Newly Formed Corporation. Expansion Co. was incorporated on
August 11, 1999 in the State of Delaware solely for the purpose of effectuating
the transactions contemplated in this Agreement and the other Transaction
Documents and has not conducted any business or entered into any agreements or
commitments except with respect to the foregoing and has no obligations or
liabilities other than (i) those arising under, or contemplated by, the
Transaction Documents or the Financings and (ii) other miscellaneous immaterial
obligations and liabilities that in the aggregate collectively amount to less
than $10,000. Expansion Co. has furnished to the Company a true and correct copy
of its Certificate of Incorporation and by-laws as in effect on the Closing
Date. The authorized capital stock of Expansion Co. consists of 100 shares of
common stock, no par value. The outstanding capital stock of Expansion Co. is
100 shares of common stock, all of which shares have been duly and validly
authorized, and are fully paid and nonassessable. NWIP owns all the outstanding
capital stock of Expansion Co. free and clear of any liens, and Expansion Co.
has no subsidiaries. Except as set forth in this Section 4.12, there are no
outstanding (i) shares of capital stock or voting securities of Expansion Co.,
(ii) securities of Expansion Co. convertible into or exchangeable for shares of
capital stock or voting securities of Expansion Co., (iii) options or other
rights to acquire from Expansion Co., or other obligation of Expansion Co. to
issue, any capital stock, voting securities or securities convertible into or
exchangeable for capital stock or voting securities of Expansion Co., or (iv)
obligation of Expansion Co. to repurchase or otherwise acquire or retire any
shares of capital stock or any convertible securities, rights or options of the
type described in (i), (ii), or (iii). Expansion Co. (x) has obtained such
proper authorization as may be required from its Board of Directors and its
shareholders of all corporate action taken by Expansion Co., (y) keeps its
assets and liabilities
14
separate from those of other entities (including Nextel and the Affiliates
thereof) and (z) does not hold itself out as being liable for the debts of
Nextel or any Affiliate thereof.
ARTICLE 5
CONDITIONS TO CLOSING
SECTION 5.01 Conditions to Obligations of each Buyer and Seller. The
obligations of each Buyer and Seller to consummate the Closing are subject to
the satisfaction of the following conditions:
(a) No provision of any applicable law, rule or regulation and no
effective or pending judgment, injunction, order or decree by any governmental
entity of competent jurisdiction shall prohibit the consummation of the Closing.
(b) All material actions by or in respect of, or filings, with, any
governmental body, agency, official or authority required to permit the
consummation of the Closing shall have been taken, made or obtained.
(c) Subject to Section 2.01, each other Buyer shall have purchased the
Securities to be purchased by it hereunder by taking the action applicable to
such Buyer in accordance with Sections 2.02(a), (b) and (c).
(d) The closing of the Term C Loan under the Credit Facility shall have
occurred.
(e) Seller shall have received from NWIP true and correct copies of all
the documentation relating to (i) the transfer of assets contemplated by the
Asset Transfer Agreement and (ii) the provision by Nextel and/or its
subsidiaries to NWIP of the rights necessary to perform its obligations under
the Management Agreement.
ARTICLE 6
SURVIVAL; INDEMNIFICATION
SECTION 6.01 Survival. The representations and warranties of the parties
hereto contained in this Agreement or in any certificate delivered pursuant
hereto or in connection herewith shall survive the Closing until three years
after the Closing Date, provided that any party's representations and warranties
herein relating to payment in full of the Purchase Price or issuance or delivery
of Securities upon payment therefore, shall survive until such payments,
issuances and deliveries have been made or performed in full. Notwithstanding
the preceding sentence, any representation or warranty in respect of which
indemnity may be sought under this Agreement shall survive the time at which it
would otherwise terminate pursuant to the preceding
15
sentence, if written notice of the inaccuracy or breach thereof giving rise to
such right of indemnity shall have been given to the party against whom such
indemnity may be sought prior to such time, but only as to such inaccuracy or
breach. Any actual or alleged breach of any representation or warranty made in
this Agreement shall not affect in any manner whatsoever the relative rights and
obligations of the parties to and under the Shareholders' Agreement.
SECTION 6.02 Indemnification. (a) Seller hereby indemnifies, severally and
not jointly, each Buyer and its Affiliates, limited partners, general partners,
directors, officers and employees (each, a "Buyer Indemnified Party") against
and agrees to hold each of them harmless from any and all damage, loss,
liability and expense (including, without limitation, reasonable expenses of
investigation and reasonable attorneys' fees and expenses in connection with any
action, suit or proceeding) ("Damages") incurred or suffered by any Buyer
Indemnified Party arising out of any misrepresentation or breach of warranty,
covenant or agreement made or to be performed by Seller pursuant to this
Agreement except to the extent (but only to the extent) any such Damages arise
out of or result from the gross negligence or willful misconduct of such Buyer
Indemnified Party or its Affiliates.
(b) Each Buyer hereby indemnifies, severally and not jointly, Seller and
its Affiliates, limited partners, general partners, directors, officers and
employees (each, a "Seller Indemnified Party") against and agrees to hold each
of them harmless from any and all Damages incurred or suffered by any Seller
Indemnified Party arising out of any misrepresentation or breach of warranty,
covenant or agreement made or to be performed by such Buyer pursuant to this
Agreement except to the extent (but only to the extent) any such Damages arise
out of or result from the gross negligence or willful misconduct of such Seller
Indemnified Party or its Affiliates.
SECTION 6.03 Exclusivity. After the Closing, Section 6.02 will provide the
exclusive remedy for any misrepresentation, breach of warranty, covenant or
other agreement or other claim arising out of this Agreement or the transactions
contemplated hereby except that Sections 2.03 and 2.04 will also provide
remedies for any breach under Article 2 (it being understood that the remedial
provisions of the other Transaction Documents shall apply to any
misrepresentation, breach of warranty, covenant or other agreement or other
claim arising thereunder).
ARTICLE 7
MISCELLANEOUS
SECTION 7.01 Notices. All notices, requests and other communications to
any party hereunder shall be in writing (including facsimile transmission) and
shall be given,
if to any Buyer, to such Buyer at the address specified by such Buyer on
the signature pages of this Agreement or in a notice given by such Buyer to
Seller for such purpose, provided that in the case of Buyers that are DLJ
Entities, a copy shall be sent to:
00
Xxxxx Xxxx & Xxxxxxxx
000 Xxxxxxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Fax: 000-000-0000
Attention: Xxxx Xxxxxxxx
if to Seller, to:
Nextel Partners, Inc.
0000 Xxxxxxxx Xxxxx
Xxxxxxxx, XX 00000
Fax: 000-000-0000
Attention: General Counsel
with a copy to:
Xxxxxxxx Xxxxxx & Xxxxxx LLP
000 Xxxxx Xxxxxx, 0xx Xxxxx
Xxx Xxxx, XX 00000
Fax: 000-000-0000
Attention: Xxxx X. Xxxxxxxx
or to such other address or telecopy number and with such other copies as such
party may hereafter specify for the purpose of notice.
All such notices, requests and other communications shall be deemed
received on the date of receipt by the recipient thereof if received prior to 5
p.m. in the place of receipt and such day is a business day in the place of
receipt. Otherwise, any such notice, request or communication shall be deemed
not to have been received until the next succeeding business day in the place of
receipt.
SECTION 7.02 Amendments and Waivers. (a) Any provision of this Agreement
may be amended or waived if, but only if, such amendment or waiver is in writing
and is signed, in the case of an amendment, by each party to this Agreement, or
in the case of a waiver, by the party against whom the waiver is to be
effective.
(b) No failure or delay by any party in exercising any right, power or
privilege hereunder shall operate as a waiver thereof nor shall any single or
partial exercise thereof preclude any other or further exercise thereof or the
exercise of any other right, power or privilege. The rights and remedies herein
provided shall be cumulative and not exclusive of any rights or remedies
provided by law.
17
SECTION 7.03 Expenses. All costs and expenses incurred in connection with
the preparation, negotiation, execution and delivery of this Agreement shall be
borne by the party incurring such cost or expense. Notwithstanding the preceding
sentence, any Buyer that defaults in its payment obligations under Article 2
shall pay on demand the Seller's costs (including reasonable attorney's fees and
expenses) of enforcement.
SECTION 7.04 Successors and Assigns. The provisions of this Agreement
shall be binding upon and inure to the benefit of the parties hereto and their
respective successors and permitted assigns and indemnified persons; provided
that except as provided in Section 2.03 no party may assign, delegate or
otherwise transfer any of its rights or obligations under this Agreement without
the consent of each other party hereto; provided however, that the Company may
collaterally assign its rights and interest in this Agreement to Opco's senior
lenders that have granted to members of the Nextel Group the rights described on
Exhibit 4.13 to the Joint Venture Agreement (or other rights as Nextel may
agree).
SECTION 7.05 Governing Law. This Agreement shall be governed by and
construed in accordance with the law of the State of New York.
SECTION 7.06 Jurisdiction. The parties hereto agree that any suit, action
or proceeding seeking to enforce any provision of, or based on any matter
arising out of or in connection with, this Agreement or the transactions
contemplated hereby may only be brought in the United States District Court for
the Southern District of New York or any New York State court sitting in New
York City, and each of the parties hereby consents to the jurisdiction of such
courts (and of the appropriate appellate courts therefrom) in any such suit,
action or proceeding and irrevocably waives, to the fullest extent permitted by
law, any objection which it may now or hereafter have to the laying of the venue
of any such suit, action or proceeding in any such court or that any such suit,
action or proceeding which is brought in any such court has been brought in an
inconvenient forum. Process in any such suit, action or proceeding may be served
on any party anywhere in the world, whether within or without the jurisdiction
of any such court. Without limiting the foregoing, each party agrees that
service of process on such party as provided in Section 7.01 shall be deemed
effective service of process on such party.
SECTION 7.07 Waiver of Jury Trial. EACH OF THE PARTIES HERETO HEREBY
IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING
ARISING OUT OF OR RELATED TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED
HEREBY.
SECTION 7.08 Counterparts; Third Party Beneficiaries. This Agreement may
be signed in any number of counterparts, each of which shall be an original,
with the same effect as if the signatures thereto and hereto were upon the same
instrument. This Agreement shall become effective when each party hereto shall
have received a counterpart hereof signed by the other parties hereto. No
provision of this Agreement shall confer upon any Person other than the
18
parties hereto (and Persons entitled to indemnification under Article 6 and
Nextel, which is entitled to rely on the representations and warranties made in
Section 4.06) any rights or remedies hereunder.
SECTION 7.09 Entire Agreement. This Agreement along with the Transaction
Documents constitute the entire agreement between the parties with respect to
the subject matter of this Agreement and supersedes all prior agreements and
understandings, both oral and written, between the parties with respect to the
subject matter of this Agreement.
SECTION 7.10 Captions. The captions herein are included for convenience of
reference only and shall be ignored in the construction or interpretation hereof
SECTION 7.11 Severability. If one or more provisions of this Agreement are
held to be unenforceable under applicable law, such provision shall be excluded
from this Agreement and the balance of the Agreement shall be interpreted as if
such provision were so excluded and shall be enforced in accordance with its
terms to the maximum extent permitted by law.
SECTION 7.12 Interpretation. The headings contained in this Agreement are
for reference purposes only and shall not affect in any way the meaning or
interpretation of this Agreement.
SECTION 7.13 Remedies Cumulative. All rights, powers and remedies provided
under this Agreement or otherwise available in respect hereof at law or in
equity shall be cumulative and not alternative, and the exercise or beginning of
the exercise of any thereof by any party shall not preclude the simultaneous or
later exercise of any other such right, power or remedy by such party.
SECTION 7.14 Subrogation. Madison Dearborn acknowledges that DLJMB is a
third party beneficiary of its obligations to make Subsequent Cash Contributions
pursuant to Section 2.03. Upon a payment to Seller by DLJMB of a Madison
Dearborn Subsequent Cash Contribution pursuant to Section 2.03(d), DLJMB shall
be subrogated to the rights of Seller against Madison Dearborn with respect to
such Subsequent Cash Contribution payment obligations.
SECTION 7.15 Shareholders' Agreement.
(a) The Company and each of the Buyers approves and consents to, and
hereby effects (subject to the final proviso of this sentence), the amendment of
the Shareholders' Agreement to include Xxxxxx X. Xxxxxxx ("Xxxxxxx") as a party
thereto and a Shareholder and a Management Shareholder (as such terms are
defined therein) thereunder, entitled and subject to all of the rights, duties
and obligations of the same specified therein; provided, however, that Xxxxxxx
shall not be deemed to be a Management Shareholder for purposes of Section 4.05
of
19
the Shareholders' Agreement; provided, further, that the foregoing amendment
shall not be effective until Xxxxxxx has delivered to the Company, in a form
acceptable to the Company, a written agreement setting forth his agreement to be
bound by the terms and conditions of the Shareholders' Agreement.
(b) The Company and each of the Buyers approves and consents to, and
hereby effects, the amendment of the Shareholders' Agreement to amend and
restate the definition of "Transaction Documents" therein to read in its
entirety as follows:
"Transaction Documents' means, collectively, the Transaction
Documents as defined in the Subscription Agreement and the Transaction
Documents as defined in the Expansion Subscription and Contribution
Agreement dated as of September 9, 1999 among the Company and the buyers
named therein."
(c) The Company and each of the Buyers acknowledges and agrees that the
Securities issued hereunder are subject to the Shareholders' Agreement, the
terms and conditions of which, as modified by this Section 7.15, are hereby
ratified in all respects.
SECTION 7.16 Custodial Agreement. The Company and each of the Buyers
acknowledges and agrees that the Securities issued hereunder are subject to the
Custodial Agreement and, in accordance with the terms of Section 5 thereof,
shall become and be delivered as Deposited Shares thereunder (as such term is
defined therein). The Company and each of the Buyers consents to the
supplementation of the Custodial Agreement to appoint the Custodian thereunder
the holder of all of the outstanding shares of Expansion Co. until the License
Transfer may be consummated or it is determined in accordance with the
Transaction Documents that such shares are to be returned to NWIP.
20
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
duly executed by their respective authorized officers as of the day and year
first above written.
NEXTEL PARTNERS, INC., a Delaware corporation
By: /s/ Xxxx Xxxxxxx
----------------------------------------------
Name: Xxxx Xxxxxxx
Title: President and Chief Executive Officer
NEXTEL WIP CORP., a Delaware corporation
By:
----------------------------------------------
Name: Xxxxxx X. Xxxxxx
Title: President
Address: 0000 Xxxxxx Xxxxxx Xxxxx
Xxxxxx, XX 00000
Attn: General Counsel
Fax: (000) 000-0000
With a copy of notice to:
Xxxxx, Day, Xxxxxx & Xxxxx
North Point
000 Xxxxxxxx Xxxxxx
Xxxxxxxxx, Xxxx 00000
Attn: Xxxxxx Xxxxxxx
Fax: 000-000-0000
21
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
duly executed by their respective authorized officers as of the day and year
first above written.
NEXTEL PARTNERS, INC., a Delaware corporation
By:
----------------------------------------------
Name: Xxxx Xxxxxxx
Title: President and Chief Executive Officer
NEXTEL WIP CORP., a Delaware corporation
By: /s/ Xxxx Xxxxxxx
----------------------------------------------
Name: Xxxx Xxxxxxx
Title: Vice President
Address: 0000 Xxxxxx Xxxxxx Xxxxx
Xxxxxx, XX 00000
Attn: General Counsel
Fax: (000) 000-0000
With a copy of notice to:
Xxxxx, Day, Xxxxxx & Xxxxx
North Point
000 Xxxxxxxx Xxxxxx
Xxxxxxxxx, Xxxx 00000
Attn: Xxxxxx Xxxxxxx
Fax: 000-000-0000
21
DLJ MERCHANT BANKING PARTNERS II, L.P., a
Delaware Limited Partnership
By: /s/ Xxxxxx X. Xxxx
----------------------------------------------
Name: Xxxxxx X. Xxxx
Title: Managing Director
Address: c/o DLJ Merchant Banking II, Inc.
000 Xxxx Xxxxxx
Xxx Xxxx, XX 00000
Fax: 000-000-0000
With a copy of notice to:
Xxxxx Xxxx & Xxxxxxxx
000 Xxxxxxxxx Xxxxxx
Xxx Xxxx, XX 00000
Attn: Xxxx Xxxxxxxx
Fax: 000-000-0000
DLJ MERCHANT BANKING PARTNERS II-A, L.P.,
a Delaware Limited Partnership
By: /s/ Xxxxxx X. Xxxx
----------------------------------------------
Name: Xxxxxx X. Xxxx
Title: Managing Director
Address: c/o DLJ Merchant Banking II, Inc.
000 Xxxx Xxxxxx
Xxx Xxxx, XX 00000
Fax: 000-000-0000
DLJ OFFSHORE PARTNERS II, C.V., a Netherlands
Antilles Limited Partnership
By: DLJ Merchant Banking II, Inc., as advisory
general partner
By: /s/ Xxxxxx X. Xxxx
----------------------------------------------
Name: Xxxxxx X. Xxxx
Title: Managing Director
Address: c/o DLJ Merchant Banking II, Inc.
000 Xxxx Xxxxxx
Xxx Xxxx, XX 00000
Fax: 000-000-0000
DLJ DIVERSIFIED PARTNERS L.P., a Delaware
Limited Partnership
By: DLJ Diversified Partners, Inc., as managing
general partner
By: /s/ Xxxxxx X. Xxxx
----------------------------------------------
Name: Xxxxxx X. Xxxx
Title: Managing Director
Address: c/o DLJ Merchant Banking II, Inc.
000 Xxxx Xxxxxx
Xxx Xxxx, XX 00000
Fax: 000-000-0000
DLJ DIVERSIFIED PARTNERS-A, L.P., a Delaware
Limited Partnership
By: DLJ Diversified Partners, Inc., as managing
general partner
By: /s/ Xxxxxx X. Xxxx
----------------------------------------------
Name: Xxxxxx X. Xxxx
Title: Managing Director
Address: c/o DLJ Merchant Banking II, Inc.
000 Xxxx Xxxxxx
Xxx Xxxx, XX 00000
Fax: 000-000-0000
DLJ MILLENNIUM PARTNERS, L.P., a Delaware
Limited Partnership
By: DLJ Merchant Banking II, Inc., as managing
general partner
By: /s/ Xxxxxx X. Xxxx
----------------------------------------------
Name: Xxxxxx X. Xxxx
Title: Managing Director
Address: c/o DLJ Merchant Banking II, Inc.
000 Xxxx Xxxxxx
Xxx Xxxx, XX 00000
Fax: 000-000-0000
DLJ MILLENNIUM PARTNERS-A, L.P.
By: DLJ Merchant Banking II, Inc., as managing
general partner
By: /s/ Xxxxxx X. Xxxx
----------------------------------------------
Name: Xxxxxx X. Xxxx
Title: Managing Director
Address: c/o DLJ Merchant Banking II, Inc.
000 Xxxx Xxxxxx
Xxx Xxxx, XX 00000
Fax: 000-000-0000
DLJMB FUNDING II, INC., a Delaware corporation
By: /s/ Xxxxxx X. Xxxx
----------------------------------------------
Name: Xxxxxx X. Xxxx
Title: Managing Director
Address: c/o DLJ Merchant Banking II, Inc.
000 Xxxx Xxxxxx
Xxx Xxxx, XX 00000
Fax: 000-000-0000
DLJ FIRST ESC, L.P.
By: DLJ LBO Plans Management Corporation, as
manager
By: /s/ Xxxxxx X. Xxxx
----------------------------------------------
Name: Xxxxxx X. Xxxx
Title: Managing Director
Address: c/o DLJ Merchant Banking II, Inc.
000 Xxxx Xxxxxx
Xxx Xxxx, XX 00000
Fax: 000-000-0000
DLJ EAB PARTNERS, L.P.
By: /s/ Xxxxxx X. Xxxx
----------------------------------------------
Name: Xxxxxx X. Xxxx
Title: Managing Director
Address: c/o DLJ Merchant Banking II, Inc.
000 Xxxx Xxxxxx
Xxx Xxxx, XX 00000
Fax: 000-000-0000
DLJ ESC II, L.P.
By: DLJ LBO Plans Management Corporation, as
manager
By: /s/ Xxxxxx X. Xxxx
----------------------------------------------
Name: Xxxxxx X. Xxxx
Title: Managing Director
Address: c/o DLJ Merchant Banking II, Inc.
000 Xxxx Xxxxxx
Xxx Xxxx, XX 00000
Fax: 000-000-0000
UK INVESTMENT PLAN 1997 PARTNERS, a
Delaware Limited Partnership
By: UK Investment Plan 1997 Partners, Inc., as
general partner
By: /s/ Xxxxxx X. Xxxx
----------------------------------------------
Name: Xxxxxx X. Xxxx
Title: Managing Director
Address: c/o DLJ Merchant Banking II, Inc.
000 Xxxx Xxxxxx
Xxx Xxxx, XX 00000
Fax: 000-000-0000
MADISON DEARBORN CAPITAL PARTNERS II,
L.P.
By: Madison Dearborn Partners II, L.P.,
its General Partner
By: Madison Dearborn Partners, Inc.,
its General Partner
By: /s/ [ILLEGIBLE]
----------------------------------------------
Name:
Title:
Address: 0 Xxxxx Xxxxxxxx Xxxxx
Xxxxx 0000
Xxxxxxx, Xxxxxxxx 00000
Fax: 000-000-0000
EAGLE RIVER INVESTMENTS, LLC, a Washington
limited liability company
By:
----------------------------------------------
Name:
Title:
Address: 0000 Xxxxxxxx Xxxxx
Xxxxxxxx, XX 00000-0000
Fax: 000-000-0000
MOTOROLA, INC., a Delaware corporation
By:
----------------------------------------------
Name:
Title:
Address: 0000 X. Xxxxxxxxx Xxxx
Xxxxxxxxxx, Xxxxxxxx 00000
Attn: General Counsel
Fax: 000-000-0000
MADISON DEARBORN CAPITAL PARTNERS II,
L.P.
By: Madison Dearborn Partners II, L.P.,
its General Partner
By: Madison Dearborn Partners, Inc.,
its General Partner
By:
----------------------------------------------
Name:
Title:
Address: 0 Xxxxx Xxxxxxxx Xxxxx
Xxxxx 0000
Xxxxxxx, Xxxxxxxx 00000
Fax: 000-000-0000
EAGLE RIVER INVESTMENTS, LLC, a Washington
limited liability company
By: /s/ Xxxxxx Xxxxxxxx
----------------------------------------------
Name: Xxxxxx Xxxxxxxx
Title: Manager/President
Address: 0000 Xxxxxxxx Xxxxx
Xxxxxxxx, XX 00000-0000
Fax: 000-000-0000
MOTOROLA, INC., a Delaware corporation
By
----------------------------------------------
Name:
Title:
Address: 0000 X. Xxxxxxxxx Xxxx
Xxxxxxxxxx, Xxxxxxxx 00000
Attn: General Counsel
Fax: 000-000-0000
MADISON DEARBORN CAPITAL PARTNERS II,
L.P.
By: Madison Dearborn Partners II, L.P.,
its General Partner
By: Madison Dearborn Partners, Inc.,
its General Partner
By:
----------------------------------------------
Name:
Title:
Address: 0 Xxxxx Xxxxxxxx Xxxxx
Xxxxx 0000
Xxxxxxx, Xxxxxxxx 00000
Fax: 000-000-0000
EAGLE RIVER INVESTMENTS, LLC, a Washington
limited liability company
By:
----------------------------------------------
Name:
Title:
Address: 0000 Xxxxxxxx Xxxxx
Xxxxxxxx, XX 00000-0000
Fax: 000-000-0000
MOTOROLA, INC., a Delaware corporation
By: /s/ Xxxxxxx X. Xxxxxx
----------------------------------------------
Name: Xxxxxxx X. Xxxxxx
Title: Sr. Vice President
Address: 0000 X. Xxxxxxxxx Xxxx
Xxxxxxxxxx, Xxxxxxxx 00000
Attn: General Counsel
Fax: 000-000-0000
CASCADE INVESTMENTS, L.L.C.
By: /s/ [ILLEGIBLE]
----------------------------------------------
Name:
Title:
Address: 0000 Xxxxxxxx Xxxxx
Xxxxxxxx, Xxxxxxxxxx 00000
Attention: Xxxxxxx Xxxxxx
Fax: 000-000-0000
MADRONA INVESTMENT GROUP, L.L.C.
By:
----------------------------------------------
Name:
Title:
Address: 0000 Xxxxxx Xxxxxx
Xxxxx 0000
Xxxxxxx, Xxxxxxxxxx 00000
Attention: Xxx Xxxxxx
Fax: 000-000-0000
AMPERSAND HOLDINGS, L.L.C.
By:
----------------------------------------------
Name:
Title:
Address: 0000 Xxxxx Xxxxxxx Xxxxxx
Xxxxx Xxxxxxx, Xxxxxxxxxx 00000
Attention: Xxxxxxx Xxxxxx
Fax: 000-000-0000
XXXXX XXXXXX
By:
----------------------------------------------
Address: 0000 Xxxxxxxx Xxxxx
Xxxxxxxx, Xxxxxxxxxx 00000
Fax: 000-000-0000
CASCADE INVESTMENTS, L.L.C.
By:
----------------------------------------------
Name:
Title:
Address: 0000 Xxxxxxxx Xxxxx
Xxxxxxxx, Xxxxxxxxxx 00000
Attention: Xxxxxxx Xxxxxx
Fax: 000-000-0000
MADRONA INVESTMENT GROUP, L.L.C.
By: /s/ [ILLEGIBLE]
----------------------------------------------
Name:
Title: Partner
Address: 0000 Xxxxxx Xxxxxx
Xxxxx 0000
Xxxxxxx, Xxxxxxxxxx 00000
Attention: Xxx Xxxxxx
Fax: 000-000-0000
AMPERSAND HOLDINGS, L.L.C.
By:
----------------------------------------------
Name:
Title:
Address: 0000 Xxxxx Xxxxxxx Xxxxxx
Xxxxx Xxxxxxx, Xxxxxxxxxx 00000
Attention: Xxxxxxx Xxxxxx
Fax: 000-000-0000
CASCADE INVESTMENTS, L.L.C.
By:
----------------------------------------------
Name:
Title:
Address: 0000 Xxxxxxxx Xxxxx
Xxxxxxxx, Xxxxxxxxxx 00000
Attention: Xxxxxxx Xxxxxx
Fax: 000-000-0000
MADRONA INVESTMENT GROUP, L.L.C.
By:
----------------------------------------------
Name:
Title:
Address: 0000 Xxxxxx Xxxxxx
Xxxxx 0000
Xxxxxxx, Xxxxxxxxxx 00000
Attention: Xxx Xxxxxx
Fax: 000-000-0000
AMPERSAND HOLDINGS, L.L.C.
By: /s/ Xxxxxxx X. Xxxxxx
----------------------------------------------
Name: Xxxxxxx X. Xxxxxx
Title: President
Address: 0000 Xxxxx Xxxxxxx Xxxxxx
Xxxxx Xxxxxxx, Xxxxxxxxxx 00000
Attention: Xxxxxxx Xxxxxx
Fax: 000-000-0000
XXXXX XXXXXX
By:
----------------------------------------------
Address: 0000 Xxxxxxxx Xxxxx
Xxxxxxxx, Xxxxxxxxxx 00000
Fax: 000-000-0000
CASCADE INVESTMENTS, L.L.C.
By:
----------------------------------------------
Name:
Title:
Address: 0000 Xxxxxxxx Xxxxx
Xxxxxxxx, Xxxxxxxxxx 00000
Attention: Xxxxxxx Xxxxxx
Fax: 000-000-0000
MADRONA INVESTMENT GROUP, L.L.C.
By:
----------------------------------------------
Name:
Title:
Address: 0000 Xxxxxx Xxxxxx
Xxxxx 0000
Xxxxxxx, Xxxxxxxxxx 00000
Attention: Xxx Xxxxxx
Fax: 000-000-0000
AMPERSAND HOLDINGS, L.L.C.
By:
----------------------------------------------
Name:
Title:
Address: 0000 Xxxxx Xxxxxxx Xxxxxx
Xxxxx Xxxxxxx, Xxxxxxxxxx 00000
Attention: Xxxxxxx Xxxxxx
Fax: 000-000-0000
XXXXX XXXXXX
By: /s/ Xxxxx Xxxxxx
----------------------------------------------
Address: 0000 Xxxxxxxx Xxxxx
Xxxxxxxx, Xxxxxxxxxx 00000
Fax: 000-000-0000
XXXXXX XXXXXXXX
By: /s/ Xxxxxx Xxxxxxxx
----------------------------------------------
Address: 0000 Xxxxxxxx Xxxxx
Xxxxxxxx, Xxxxxxxxxx
Fax: 000-000-0000
XXXX XXXXXXX
By:
----------------------------------------------
Address: 0000 Xxxxxxxx Xxxxx
Xxxxxxxx, Xxxxxxxxxx 00000
Fax: 000-000-0000
GENERAL ELECTRIC CAPITAL CORPORATION
By:
----------------------------------------------
Name:
Title:
Address: c/o GE Capital Services
Structured Finance Group, Inc.
000 Xxxx Xxxxx Xxxx
Xxxxxxxx, XX 00000
Attention: Portfolio-Operations
Fax: 000-000-0000
XXXXXX XXXXXXXX
By:
----------------------------------------------
Address: 0000 Xxxxxxxx Xxxxx
Xxxxxxxx, Xxxxxxxxxx
Fax: 000-000-0000
XXXX XXXXXXX
By: /s/ Xxxx Xxxxxxx
----------------------------------------------
Address: 0000 Xxxxxxxx Xxxxx
Xxxxxxxx, Xxxxxxxxxx 00000
Fax: 000-000-0000
GENERAL ELECTRIC CAPITAL CORPORATION
By:
----------------------------------------------
Name:
Title:
Address: c/o GE Capital Services
Structured Finance Group, Inc.
000 Xxxx Xxxxx Xxxx
Xxxxxxxx, XX 00000
Attention: Portfolio-Operations
Fax: 000-000-0000
XXXXXX XXXXXXXX
By:_________________________________
Address: 0000 Xxxxxxxx Xxxxx
Xxxxxxxx, Xxxxxxxxxx
Fax: 000-000-0000
XXXX XXXXXXX
By:_________________________________
Address: 0000 Xxxxxxxx Xxxxx
Xxxxxxxx, Xxxxxxxxxx
Fax: 000-000-0000
GENERAL ELECTRIC CAPITAL CORPORATION
By: /s/ Xxxxx X. Xxxxxxxxx
---------------------------------
Name: Xxxxx X. Xxxxxxxxx
Title: Manager, Operations
Address: % GE Capital Services
Structured Finance Group, Inc.
000 Xxxx Xxxxx Xxxx
Xxxxxxxx, XX 00000
Attention: Portfolio-Operations
Fax: 000-000-0000
ARES LEVERAGED INVESTMENT FUND, L.P.
By: ARES Management, L.P.
By: ARES Operating Member, LLC, its General
Partner
By: /s/ Xxxx Xxxxxx
---------------------------------
Name: Xxxx Xxxxxx
Title: Vice President
Address: 0000 Xxxxxx xx xxx Xxxxx
Xxxxx 0000
Xxx Xxxxxxx, XX 00000
Fax: 000-000-0000
ARES LEVERAGED INVESTMENT
FUND II, L.P.
By: ARES Management II, L.P.
By: ARES Operating Member II, LLC, its
General Partner
By: /s/ Xxxx Xxxxxx
---------------------------------
Name: Xxxx Xxxxxx
Title: Vice President
Address: 0000 Xxxxxx xx xxx Xxxxx
Xxxxx 0000
Xxx Xxxxxxx, XX 00000
Fax: 000-000-0000
THE XXXX ALTERNATIVE INCOME
FUND, L.P.
By: /s/ Xxxxx X. Xxxxxxxx
---------------------------------
Name: Xxxxx X. Xxxxxxxx
Title: President of General Partner
Address: 1776 On the Green
00 Xxxx Xxxxx
Xxxxxxxxxx, XX 00000
Fax: 000-000-0000
TCW
By:_________________________________
Name:
Title:
Address: 00000 Xxxxx Xxxxxx Xxxx.,
Xxxxx 0000
Xxx Xxxxxxx, XX 00000
Fax: 000-000-0000
TCW/CRESCENT MEZZANINE PARTNERS II, L.P.
TCW/CRESCENT MEZZANINE TRUST II
By: TCW/CRESCENT MEZZANINE II, L.P., its
general partner or managing owner
By: TCW/CRESCENT MEZZANINE, L.L.C., its
general partner
By:_________________________________
Name:
Title:
Address: 00000 Xxxxx Xxxxxx Xxxx.,
Xxxxx 0000
Xxx Xxxxxxx, XX 00000
Fax: 000-000-0000
THE XXXX ALTERNATIVE INCOME
FUND, L.P.
By:_________________________________
Name: Xxxxx X. Xxxxxxxx
Title: President of General Partner
Address: 1776 On the Green
00 Xxxx Xxxxx
Xxxxxxxxxx, XX 00000
Fax: 000-000-0000
TCW
By: /s/ Xxxx-Xxxx Xxxxxx
---------------------------------
Name: Xxxx-Xxxx Xxxxxx
Title: Managing Director
Address: 00000 Xxxxx Xxxxxx Xxxx,
Xxxxx 0000
Xxx Xxxxxxx, XX 00000
Fax: 000-000-0000
TCW/CRESCENT MEZZANINE PARTNERS II, L.P.
TCW/CRESCENT MEZZANINE TRUST II
By: TCW/CRESCENT MEZZANINE II, L.P., its
general partner or managing owner
By: TCW/CRESCENT MEZZANINE, L.L.C., its
general partner
By: /s/ Xxxx-Xxxx Xxxxxx
---------------------------------
Name: Xxxx-Xxxx Xxxxxx
Title: Managing Director
Address: 00000 Xxxxx Xxxxxx Xxxx,
Xxxxx 0000
Xxx Xxxxxxx, XX 00000
Fax: 000-000-0000
TCW SHARED OPPORTUNITY FUND III, L.P.
By: TCW ASSET MANAGEMENT COMPANY, an
Investment Advisor
By: /s/ Xxxxxx X. Xxxxx
---------------------------------
Name: Xxxxxx X. Xxxxx
Title: Group Managing Director
By: /s/ Xxxx-Xxxx Xxxxxx
---------------------------------
Name: Xxxx-Xxxx Xxxxxx
Title: Managing Director
Address: 00000 Xxxxx Xxxxxx Xxxx,
Xxxxx 0000
Xxx Xxxxxxx, XX 00000
Fax: 000-000-0000
SHARED OPPORTUNITY FUND IIB, LLC
By: TCW ASSET MANAGEMENT COMPANY, as
Investment Advisor
By: /s/ Xxxxxx X. Xxxxx
---------------------------------
Name: Xxxxxx X. Xxxxx
Title: Group Managing Director
By: /s/ Xxxx-Xxxx Xxxxxx
---------------------------------
Name: Xxxx-Xxxx Xxxxxx
Title: Managing Director
Address: 00000 Xxxxx Xxxxxx Xxxx,
Xxxxx 0000
Xxx Xxxxxxx, XX 00000
Fax: 000-000-0000
TCW SHARED OPPORTUNITY FUND II, L.P.
By: TCW ASSET MANAGEMENT COMPANY, an
Investment Advisor
By: /s/ Xxxx-Xxxx Xxxxxx
---------------------------------
Name: Xxxx-Xxxx Xxxxxx
Title: Managing Director
By: /s/ Xxxxxx X. Xxxxx
---------------------------------
Name: Xxxxxx X. Xxxxx
Title: Group Managing Director
Address: 00000 Xxxxx Xxxxxx Xxxx,
Xxxxx 0000
Xxx Xxxxxxx, XX 00000
Fax: 000-000-0000
TCW LEVERAGED INCOME TRUST II, L.P.
By: TCW (XXXX XX), L.P., as General Partner
By: TCW ADVISORS (BERMUDA), LTD., as
General Partner
By: /s/ Xxxxxx X. Xxxxx
---------------------------------
Name: Xxxxxx X. Xxxxx
Title: Group Managing Director
By: TCW INVESTMENT MANAGEMENT
COMPANY, as Investment Advisor
By: /s/ Xxxx-Xxxx Xxxxxx
---------------------------------
Name: Xxxx-Xxxx Xxxxxx
Title: Managing Director
Address: 00000 Xxxxx Xxxxxx Xxxx,
Xxxxx 0000
Xxx Xxxxxxx, XX 00000
Fax: 000-000-0000
TCW LEVERAGED INCOME TRUST, L.P.
By: TCW (BERMUDA), LIMITED, as General
Partner
By: /s/ Xxxxxx X. Xxxxx
---------------------------------
Name: Xxxxxx X. Xxxxx
Title: Group Managing Director
Address: 00000 Xxxxx Xxxxxx Xxxx,
Xxxxx 0000
Xxx Xxxxxxx, XX 00000
Fax: 000-000-0000
TCW LEVERAGED INCOME TRUST, L.P.
By: TCW (BERMUDA), LIMITED, as General
Partner
By:_________________________________
Name:
Title:
Address: 00000 Xxxxx Xxxxxx Xxxx.,
Xxxxx 0000
Xxx Xxxxxxx, XX 00000
Fax: 000-000-0000
XXXX XXXXXXXX
By: /s/ Xxxx Xxxxxxxx
---------------------------------
Address: 0000 Xxxxxxxx Xxxxx
Xxxxxxxx, Xxxxxxxxxx 00000
Fax: 000-000-0000
XXXXX AAS
By: Xxxxx Aas
---------------------------------
Address: 0000 Xxxxxxxx Xxxxx
Xxxxxxxx, Xxxxxxxxxx 00000
Fax: 000-000-0000
XXXXX XXXXXXXXX
By: Xxxxx Xxxxxxxxx
---------------------------------
Address: 0000 Xxxxxxxx Xxxxx
Xxxxxxxx, Xxxxxxxxxx 00000
Fax: 000-000-0000
34
XXXX XXXXXXX
By: Xxxx Xxxxxxx
---------------------------------
Address: 0000 Xxxxxxxx Xxxxx
Xxxxxxxx, Xxxxxxxxxx 00000
Fax: 000-000-0000
XXXXX XXXXXX
By: /s/ Xxxxx Xxxxxx
---------------------------------
Address: 0000 Xxxxxxxx Xxxxx
Xxxxxxxx, Xxxxxxxxxx 00000
Fax: 000-000-0000
35
SCHEDULE A
Schedule of Investors
Ampersand Holdings, LLC
ARES Leveraged Investment Fund II, LP
ARES Leveraged Investment Fund, LP
Xxxxxx Xxxxxxxx
Cascade Investments, LLC
DLJ EAB Partners, LP
DLJ Diversified Partners-A, LP
DLJ First ESC, LP
DLJ Millenium Partners, LP
DUJ Millenium Partners-A, LP
DLJ Merchant Banking Partners II-A, LP
DLJ Diversified Partners, XX
XXX Xxxxxxxx Xxxxxxxx XX, XX
XXX Merchant Banking Partners II, LP
DLJESC II, LP
DLJMB Funding II, Inc.
Eagle River Investments, LLC
General Electric Capital Corp.
Xxxx Xxxxxxx
Madison Dearborn Capital Partners II, LP
Madrona Investment Group, LLC
Motorola, Inc.
Nextel Communications, Inc.
Xxxxx Xxxxxx
TCW Shared Opportunity Fund IIB, LLC
TCW Shared Opportunity Fund III, LP
TCW Leveraged Income Trust, LP
TCW/Crescent Mezzanine Partners II, LP
TCW/Crescent Mezzanine Trust
TCW Shared Opportunity Fund II, LP
TCW Leveraged Income Trust II, LP
The Xxxx Alternative Income Fund, LP
SCHEDULE B
Seller's Account Information
Name: Nextel Partners Operating Corp.
Bank: The Bank of New York
Address: Xxx Xxxx Xxxxxx, XX, XX 00000
ABA#: 021 000 018
GLA#: 111 363
Acct#:
Attn: Xxx Xxxx
SCHEDULE C
Option FCC Licenses/Option Territories
-----------------------------------------------------------------------------------------------------------------------
Service Service Nextel PTNR PTNR Service
Area Area Section Section Launch Build Area
Number Category Number Name Quarter Year Name State Type
-----------------------------------------------------------------------------------------------------------------------
18 Option 0 Xxxxx Xxxxxxxx X000 0 XXXXXXXXXXXX-XXXXXXXXXX XX Urban
-----------------------------------------------------------------------------------------------------------------------
34 Option 9 North Arkansas Q101 3 FORT XXXXX (AR-OK) AR Urban
-----------------------------------------------------------------------------------------------------------------------
136 Option 30 Little Rock Q400 2 LITTLE ROCK-NORTH LITTLE RO AR Urban
-----------------------------------------------------------------------------------------------------------------------
137 Option 00 Xxxxxx Xxxx X000 0 XXXX XXXXX XX Urban
-----------------------------------------------------------------------------------------------------------------------
182 Option 30 Little Rock Q101 3 I 00 XX Xxxxxxx
-----------------------------------------------------------------------------------------------------------------------
212 Option 00 Xxxxxx Xxxx X000 0 Xxxxxxxxxxx XX Urban
-----------------------------------------------------------------------------------------------------------------------
213 Option 00 Xxxxxx Xxxx X000 0 Xxxx XX Urban
-----------------------------------------------------------------------------------------------------------------------
224 Option 0 Xxxxx Xxxxxxxx X000 0 Xxxxxxxxxxx XX Urban
-----------------------------------------------------------------------------------------------------------------------
225 Option 00 Xxxxxx Xxxx X000 0 Xxxxxx XX Urban
-----------------------------------------------------------------------------------------------------------------------
227 Option 0 Xxxxx Xxxxxxxx X000 0 Xxxxxxxxxxxx XX Urban
-----------------------------------------------------------------------------------------------------------------------
325 Option 00 Xxxxxx Xxxx X000 0 Xxx Xxxxxxx XX Urban
-----------------------------------------------------------------------------------------------------------------------
442 Option 30 Little Rock Q101 3 I 00 XX Xxxxxxx
-----------------------------------------------------------------------------------------------------------------------
443 Option 9 North Arkansas Q101 3 I 00 XX Xxxxxxx
-----------------------------------------------------------------------------------------------------------------------
444 Option 30 Little Rock Q400 2 I 00 XX Xxxxxxx
-----------------------------------------------------------------------------------------------------------------------
89 Option 34 Georgia Cities Q300 2 MACON GA Urban
-----------------------------------------------------------------------------------------------------------------------
100 Option 20 Dothan Q400 2 COLUMBUS (GA-AL) GA Urban
-----------------------------------------------------------------------------------------------------------------------
110 Option 34 Georgia Cities Q400 2 WARNER ROBINS GA Urban
-----------------------------------------------------------------------------------------------------------------------
145 Option 20 Dothan Q300 2 ALBANY GA Urban
-----------------------------------------------------------------------------------------------------------------------
163 Option 34 Georgia Cities Q300 2 I 00 XX Xxxxxxx
-----------------------------------------------------------------------------------------------------------------------
236 Option 00 Xxxxxxx Xxxxxx X000 0 Xxxxxx XX Urban
-----------------------------------------------------------------------------------------------------------------------
261 Option 20 Dothan Q400 2 I 000 XX Xxxxxxx
-----------------------------------------------------------------------------------------------------------------------
265 Option 20 Dothan Q400 0 XX Xxx 00 XX Xxxxxxx
-----------------------------------------------------------------------------------------------------------------------
378 Option 20 Dothan Q400 2 Moultrie GA Urban
-----------------------------------------------------------------------------------------------------------------------
396 Option 34 Georgia Cities Q300 2 Valdosta GA Urban
-----------------------------------------------------------------------------------------------------------------------
555 Option 20 Dothan Q400 2 I 00 XX Xxxxxxx
-----------------------------------------------------------------------------------------------------------------------
559 Option 34 Georgia Cities Q300 2 I 00 XX Xxxxxxx
-----------------------------------------------------------------------------------------------------------------------
561 Option 34 Georgia Cities Q300 2 I 00 XX Xxxxxxx
-----------------------------------------------------------------------------------------------------------------------
815 Option 36 East Georgia Q300 2 I 00 XX Xxxxxxx
-----------------------------------------------------------------------------------------------------------------------
102 Option 3 Evansville Q101 3 EVANSVILLE (IN-KY) IN Urban
-----------------------------------------------------------------------------------------------------------------------
122 Option 4 Central IL Q400 2 I 70 IN Roadway
-----------------------------------------------------------------------------------------------------------------------
134 Option 4 Central IL Q400 2 TERRE HAUTE IN Urban
-----------------------------------------------------------------------------------------------------------------------
149 Option 3 Evansville Q101 3 I 00 XX Xxxxxxx
-----------------------------------------------------------------------------------------------------------------------
228 Option 4 Central IL Q400 2 Crawfordsville IN Urban
-----------------------------------------------------------------------------------------------------------------------
274 Option 4 Central IL Q400 0 XX Xxx 00 XX Xxxxxxx
-----------------------------------------------------------------------------------------------------------------------
289 Option 3 Xxxxxxxxxx X000 0 XX Xxx 00 XX Xxxxxxx
-----------------------------------------------------------------------------------------------------------------------
339 Option 3 Evansville Q101 3 Vincennes IN Urban
-----------------------------------------------------------------------------------------------------------------------
355 Option 3 Evansville Q101 3 Mount Xxxxxx IN Urban
-----------------------------------------------------------------------------------------------------------------------
366 Option 4 Central IL Q101 3 Russelville IN Urban
-----------------------------------------------------------------------------------------------------------------------
369 Option 3 Evansville Q101 3 Princeton IN Urban
-----------------------------------------------------------------------------------------------------------------------
824 Option 4 Central IL Q400 2 I 00 XX Xxxxxxx
-----------------------------------------------------------------------------------------------------------------------
86 Option 0 Xxxxxxxxxx X000 0 XXXXXXXXX XX Urban
-----------------------------------------------------------------------------------------------------------------------
574 Option 3 Evansville Q101 0 XX Xxx 00 XX Xxxxxxx
-----------------------------------------------------------------------------------------------------------------------
805 Option 9 North Arkansas Q101 3 I 40 OK Roadway
-----------------------------------------------------------------------------------------------------------------------
90 Option 13 Central Texas Q101 3 ABILENE TX Urban
-----------------------------------------------------------------------------------------------------------------------
469 Option 13 Central Texas Q101 3 I 20 TX Roadway
-----------------------------------------------------------------------------------------------------------------------
609 Option 00 Xxxxx Xxxxx Q400 2 LAREDO TX Urban
-----------------------------------------------------------------------------------------------------------------------
611 Option 00 Xxxxx Xxxxx X000 0 XXXXXXX-XXXXXXXX-XXXXXXX XX Urban
-----------------------------------------------------------------------------------------------------------------------
612 Option 00 Xxxxx Xxxxx X000 0 XXXXXXXXXXX XX Urban
-----------------------------------------------------------------------------------------------------------------------
613 Option 00 Xxxxx Xxxxx Q400 2 HARLINGEN TX Urban
-----------------------------------------------------------------------------------------------------------------------
641 Option 00 Xxxxx Xxxxx Q400 2 I 35 TX Roadway
-----------------------------------------------------------------------------------------------------------------------
807 Option 00 Xxxxx Xxxxx X000 0 XX Xxx 00 XX Xxxxxxx
-----------------------------------------------------------------------------------------------------------------------
809 Option 00 Xxxxx Xxxxx Q400 0 XX Xxx 000 XX Xxxxxxx
-----------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------
Service
Area Avail Avail
Number Start End SQ_MI '97 POP
------------------------------------------------------------------------------------------------------------------------------
18 454 132,776
------------------------------------------------------------------------------------------------------------------------------
34 417 140,428
------------------------------------------------------------------------------------------------------------------------------
136 758 393,323
------------------------------------------------------------------------------------------------------------------------------
137 328 73,077
------------------------------------------------------------------------------------------------------------------------------
000 Xxxxxxxxx, XX XXXXXX XXXX-XXXXX XXXXXX XXXX, XX 806 56,687
------------------------------------------------------------------------------------------------------------------------------
212 77 12,811
------------------------------------------------------------------------------------------------------------------------------
213 77 13,165
------------------------------------------------------------------------------------------------------------------------------
224 77 10,159
------------------------------------------------------------------------------------------------------------------------------
225 77 40,819
------------------------------------------------------------------------------------------------------------------------------
227 77 32,985
------------------------------------------------------------------------------------------------------------------------------
325 77 41,550
------------------------------------------------------------------------------------------------------------------------------
000 XXXXXX, XXXXXXX XXXXXX XXXXXX XXXX-XXXXX XXXXXX XXXX, XX 89 10,890
------------------------------------------------------------------------------------------------------------------------------
443 CONWAY, XXXXXXX COUNTY FORT XXXXX, AR-OK 696 41,370
------------------------------------------------------------------------------------------------------------------------------
444 ST. XXXXXXX COUNTY BORDER, WEST LITTLE ROCK-NORTH LITTLE ROCK, AR 412 17,179
------------------------------------------------------------------------------------------------------------------------------
89 516 222,174
------------------------------------------------------------------------------------------------------------------------------
100 815 260,788
------------------------------------------------------------------------------------------------------------------------------
110 168 48,801
------------------------------------------------------------------------------------------------------------------------------
145 441 116,140
------------------------------------------------------------------------------------------------------------------------------
163 MACON, GA Xxxxxxx COUNTY, WEST 642 33,175
------------------------------------------------------------------------------------------------------------------------------
236 77 27,621
------------------------------------------------------------------------------------------------------------------------------
000 X-00 XXXXXXXXXXXX XXXXXXXX, XX-XX 180 4,848
------------------------------------------------------------------------------------------------------------------------------
000 XXXX XXXXXX XXXXXX, XXXX XXXXXX, XX 134 12,478
------------------------------------------------------------------------------------------------------------------------------
378 77 20,924
------------------------------------------------------------------------------------------------------------------------------
396 27 3,739
------------------------------------------------------------------------------------------------------------------------------
000 XXXXXX XXXXXX XXXXXX, XXXXX XXXXXX-XXXXXXX, XX 348 68,423
------------------------------------------------------------------------------------------------------------------------------
000 XXXXX XXXXXX XXXXXX, XXXXX XXXXX, XX 167 10,095
------------------------------------------------------------------------------------------------------------------------------
000 XXXXX, XX Xxxxxxxx Border 1141 152,616
------------------------------------------------------------------------------------------------------------------------------
000 Xxxxx XXXXXX XXXXXX, XXXXXXXXX Xxxxxxx XXXXXX BORDER, WEST 336 9,437
------------------------------------------------------------------------------------------------------------------------------
102 625 244,359
------------------------------------------------------------------------------------------------------------------------------
122 Xxxxxx County - Xxxxxx County Border Terre Haute, IN 231 11,644
------------------------------------------------------------------------------------------------------------------------------
134 453 112,881
------------------------------------------------------------------------------------------------------------------------------
000 XXXXXXXX XXXXXX XXXXXX, XXXX XXXXXXXXXX COUNTY BORDER, WEST 1256 63,446
------------------------------------------------------------------------------------------------------------------------------
228 77 20,849
------------------------------------------------------------------------------------------------------------------------------
274 TERRE HAUTE, IN XXXX COUNTY BORDER, NORTH 221 15,324
------------------------------------------------------------------------------------------------------------------------------
000 XXXXXXXX XXXXXX XXXXXX, XXXXX X-00 XXXXXXXXXXXX, XXXXXX XXXXXX 259 11,329
------------------------------------------------------------------------------------------------------------------------------
339 77 24,777
------------------------------------------------------------------------------------------------------------------------------
355 77 9,791
------------------------------------------------------------------------------------------------------------------------------
366 77 1,994
------------------------------------------------------------------------------------------------------------------------------
369 77 11,992
------------------------------------------------------------------------------------------------------------------------------
824 CRAWFORDVILLE, IN DANVILLE, IL 310 14,856
------------------------------------------------------------------------------------------------------------------------------
86 285 80,502
------------------------------------------------------------------------------------------------------------------------------
574 EVANSVILLE, IN-KY Western Kentucky Pkwy INTERSECTION, XXXXXXX COUNTY 217 7,883
------------------------------------------------------------------------------------------------------------------------------
805 FORT XXXXX, AR-OK Muskogee COUNTY BORDER, EAST 273 22,068
------------------------------------------------------------------------------------------------------------------------------
90 507 119,550
------------------------------------------------------------------------------------------------------------------------------
469 ABILENE, TX XXXX XXXXX XXXXXX XXXXXX, XXXXX 000 22,126
------------------------------------------------------------------------------------------------------------------------------
609 389 171,182
------------------------------------------------------------------------------------------------------------------------------
611 630 472,159
------------------------------------------------------------------------------------------------------------------------------
612 189 168,130
------------------------------------------------------------------------------------------------------------------------------
613 203 112,190
------------------------------------------------------------------------------------------------------------------------------
000 Xxxxxx Xxxxxx XXXXXX, XXXXX Xxxxxx, XX 804 18,863
------------------------------------------------------------------------------------------------------------------------------
000 Xxxxxxx XXXXXX XXXXXX, XXXXX XXXXXXXXX, XX 671 19,293
------------------------------------------------------------------------------------------------------------------------------
000 Xxx Xxxxx XXXXXX XXXXXX, XXXXX XXXXXXX-XXXXXXXX-XXXXXXX, XX 501 9,545
------------------------------------------------------------------------------------------------------------------------------
Arkansas Total: 4,422 1,017,219
Georgia Total: 5,069 991,259
Indiana Total: 3,740 543,242
Kentucky Total: 502 88,385
Oklahoma Total: 273 22,068
Texas Total: 4,399 1,113,038
------ ---------
Optional Territory: 18,405 3,775,211
SCHEDULE D
Transaction Documents
o this Agreement
o the Asset Transfer and Reimbursement Agreement
o Supplement No. 1 to Custodial Agreement of even date herewith among the
Company, NWIP and Xxxxxx Trust Company of New York
o Supplement No. 1 to iDEN Infrastructure Equipment Purchase Agreement of
even date herewith between Opco and Motorola
o the Management Agreement
o First Amendment to Analog Management Agreement of even date herewith
between Opco and NWIP
SCHEDULE 3.04
Consents
NWIP must waive the condition set forth in the second sentence of Section 6.2B
of the Joint Venture Agreement
Schedule 3.05
Equity Capitalization (1)
----------------------------------------------------------------------------------------------
Shareholder Pre-Closing Expansion Post-Closing
----------------------------------------------------------------------------------------------
Madison Dearborn Capital Partners II, LP 3,624,972 713,439 4,338,411
----------------------------------------------------------------------------------------------
DLJ Merchant Banking Ptr. II, LP 2,393,716 471,113 2,864,829
----------------------------------------------------------------------------------------------
DLJ Merchant Banking Ptr. II-A, LP 95,329 18,762 114,091
----------------------------------------------------------------------------------------------
DLJ Offshore Partners II, CV 117,710 23,167 140,877
----------------------------------------------------------------------------------------------
DLJ Diversified Partners, LP 139,947 27,543 167,490
----------------------------------------------------------------------------------------------
DLJ Diversified Partners-A, LP 51,972 10,229 62,201
----------------------------------------------------------------------------------------------
DLJ EAB Partners LP 10,747 2,116 12,863
----------------------------------------------------------------------------------------------
DLJ ESC II, LP 451,394 88,839 540,233
----------------------------------------------------------------------------------------------
DLJ First ESC, LP 4,606 907 5,513
----------------------------------------------------------------------------------------------
DLJ Millenium Partners, LP 38,704 7,617 46,321
----------------------------------------------------------------------------------------------
DLJ Millenium Partners-A, LP 7,549 1,485 9,034
----------------------------------------------------------------------------------------------
DLJMB Funding II, Inc. 424,993 96,107 521,100
----------------------------------------------------------------------------------------------
UK Investment Plan 1997 Partners 63,333 0 63,333
----------------------------------------------------------------------------------------------
The Xxxx Alternative Income Fund, LP 2,000,000 373,230 2,373,230
----------------------------------------------------------------------------------------------
TCW/Crescent Mezzanine Partners II, LP 482,521 90,046 572,567
----------------------------------------------------------------------------------------------
TCW/Crescent Mezzanine Trust II 117,479 21,924 139,403
----------------------------------------------------------------------------------------------
TCW Leveraged Income Trust, LP 150,000 27,992 177,992
----------------------------------------------------------------------------------------------
TCW Leveraged Income Trust II, LP 150,000 27,992 177,992
----------------------------------------------------------------------------------------------
TCW Shared Opportunity Fund II, LP 51,304 9,574 60,878
----------------------------------------------------------------------------------------------
TCW Shared Opportunity Fund IIB, LLC 34,348 6,410 40,758
----------------------------------------------------------------------------------------------
TCW Shared Opportunity Fund III, LP 214,348 40,001 254,349
----------------------------------------------------------------------------------------------
Ares Leveraged Investment Fund, LP 150,000 27,992 177,992
----------------------------------------------------------------------------------------------
Ares Leveraged Investment Fund II, LP 150,000 27,992 177,992
----------------------------------------------------------------------------------------------
Madrona Investment Group, LLC 69,861 13,037 82,898
----------------------------------------------------------------------------------------------
Ampersand Holdings, LLC 419,271 78,243 497,514
----------------------------------------------------------------------------------------------
Xxxxx Xxxxxx 19,960 3,725 23,685
----------------------------------------------------------------------------------------------
Xxxx Xxxxxxx 19,960 3,725 23,685
----------------------------------------------------------------------------------------------
Xxxxxx Xxxxxxxx 9,979 1,862 11,841
----------------------------------------------------------------------------------------------
GE Capital Services Structured Finance Group, Inc. 439,248 160,213 599,461
----------------------------------------------------------------------------------------------
NMS Capital, LP 419,271 0 419,271
----------------------------------------------------------------------------------------------
Cascade Investments, LLC 698,800 130,406 829,206
----------------------------------------------------------------------------------------------
Eagle River Investments, LLC 2,622,000 501,613 3,123,613
----------------------------------------------------------------------------------------------
Motorola, Inc. 1,836,649 342,747 2,179,396
----------------------------------------------------------------------------------------------
Nextel Partners - Management 0 142,422 142,422
----------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------
Nextel- Series B Preferred 2,185,000 2,185,000
----------------------------------------------------------------------------------------------
Nextel- Series C Preferred 8,740,000 2,038,771 10,778,771
----------------------------------------------------------------------------------------------
Nextel- Series D Preferred 2,185,000 0 2,185,000
----------------------------------------------------------------------------------------------
0
----------------------------------------------------------------------------------------------
Nextel Partners Management - Common 1,462,499 0 1,462,499
----------------------------------------------------------------------------------------------
Eagle River - Common 126,389 0 126,389
----------------------------------------------------------------------------------------------
(1) All shares are Series A Preferred Stock unless otherwise indicated.
SCHEDULE 4.11
SCHEDULE OF EXCEPTIONS
Pursuant to Section 4.1 of the Agreement, the following sets forth certain
disclosures and other exceptions to the representations made at Section 4.1 of
the Agreement regarding the validity of the FCC Licenses. This schedule is
divided into two parts: Part I addresses issues that may affect multiple
licenses among the FCC Licenses, while Part II addresses issues that affect only
individual licenses among the FCC Licenses.
Part I: Issues Affecting Multiple Licenses
1. Different Types of Licenses Carry Different FCC Obligations: The
licensee rights and obligations applicable to the FCC Licenses are not uniform
but rather depend upon the conditions under which each license was granted. The
FCC Licenses generally fall into three categories as follows:
a. EA Licenses: Some of the FCC Licenses are authorizations, or
geographically "partitioned" portions of authorizations, that were issued to
Nextel as a result of an FCC spectrum auction.
b. Wide Area Licenses: Other licenses among the FCC Licenses were granted
at specific sites, as opposed to Economic Areas. These licenses authorized
Nextel to build out the related channels in analog or digital mode and were
granted five-year waivers of the traditional one-year construction deadline
applicable to site-specific licenses. These site-specific, five-year,
analog/digital authorizations are known as Nextel's "wide-area" licenses. On May
20, 1997 the FCC issued an order (DA 97-1059) finding that the wide-area
licenses of Nextel and other parties qualified for "rejustification" of their
extended construction periods but also shortened the length of the construction
periods from five years to two with a final deadline of May 20, 1999 or the
earlier expiration date of the license, whichever comes first. On April 15,
1999, the FCC announced through a Public Notice (DA 99-698) that the FCC was
temporarily suspending the May 20, 1999 construction deadline for wide-area
licensees due to a decision by the U.S. Court of Appeals for the District of
Columbia in Fresno Mobile Radio v. FCC, 165 F.3d 965 (D.C. Cir., Feb 5, 1999).
On May 21, 1999, the FCC solicited comments on the construction requirements for
800 MHz wide area licensees (Public Notice, DA 99-974). The FCC has not released
a decision in this proceeding.
c. Analog Licenses: Another group of licenses reflected among the FCC
Licenses were granted on a site-specific basis and authorized only analog
operations. No waiver of the traditional one-year construction deadline was
requested or granted. Other analog licenses among the FCC Licenses may appear on
the FCC's database as owned by Nextel, but because Nextel has not yet closed on
the purchase and sale of the facility, it may still be deemed subject to a
Nextel management agreement and therefore not qualified for assignment from
Nextel to any third party. Nextel is currently working to resolve these issues
by closing on the related transactions.
2. Chadmoore Request for Finders Preference against Southeast Wide Area
Licenses: On September 18, 1995 Chadmoore Communications ("Chadmoore") filed a
request for a finder's preference (the "Chadmoore Request") against the
"wide-area" authorizations initially granted to Transit Communications
("Transit"), which were subsequently assigned to Dial Call, Inc. and then
assigned to Nextel. (Case No. 95F860). The Chadmoore Request alleged that
Transit misrepresented the number of analog channels it had constructed on
several analog stations, and that therefore the resulting wide-area grants on
the same channels were improper. Chadmoore claimed that it should be awarded all
of the wide-area licenses that were granted to Transit and now held by Nextel.
Thus, if successful, Chadmoore may become a short-spaced co-channel licensee or
an incumbent licensee in areas where Nextel is either assigning wide-area
licenses or EA licenses as part of the FCC Licenses. In support of the Chadmoore
Request, Chadmoore incorporated by reference numerous finder's preference
requests filed against Transit's analog stations. The individual analog requests
were filed by Chadmoore itself and by Peacock's Radio and Wild's Computer,
Partnership ("Peacock"). On November 22, 1995, Dial Call, Inc. filed a Motion to
Dismiss demonstrating numerous procedural defects with Chadmoore's filing.
Chadmoore opposed the Motion. On January 31, 1997, the FCC requested further
information from Nextel regarding Chadmoore's substantive allegations. On March
18, 1997, Nextel responded. Chadmoore replied to Nextel's filing on April 7,
1997. The Motion to Dismiss has not been ruled upon by the FCC and the FCC has
not reached a decision in this proceeding. Further, through an agreement between
Nextel and Peacock, Peacock has withdrawn 33 of the analog finder's preference
requests that it had filed against the Transit stations. The FCC announced the
withdrawal of the 33 Peacock cases by Public Notice, dated June 30, 1999 (DA
99-1123).
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Part II: Issues Affecting Individual Licenses
1. WPDX385 in Worthington, IN (861, 863, 864, 865.1125, 862.6125): Nextel and
the former licensee have not yet consummated the transaction. Thus, Nextel
is not yet the legal owner of the subject facility. Nextel expects to
close the transaction in due course. Until consummation of the underlying
transaction, Partner is subject to the FCC's rules regarding protection of
"incumbent" SMR licensees.
2. WPLM745 (C Block EA License)/KNRU551, Clay City, IN (865.7375): The
KNRU551 865.7375 MHz channel is not on the list of assets to be assigned.
On July 16, 1997, Nextel filed an informal request for reinstatement of
channel 865.7375 MHz due to an error by the FCC in superseding the
license. The FCC has yet to act on this request. However, Nextel was
awarded and is assigning the C Block EA license (WPLM745) to Partner. To
moot this issue, Nextel will withdraw its informal request for action with
the FCC to clear use of this channel pursuant to the EA license and to
make clear that the KNRU551 license is no longer subject to any
reinstatement request.
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EXHIBIT A
Supplement No. 1 to
iDEN Infrastructure Equipment Purchase Agreement
This SUPPLEMENT NO. 1 TO iDEN INFRASTRUCTURE EQUIPMENT PURCHASE AGREEMENT
(this "Supplement") is made as of the 9th day of September, 1999, between
Motorola, Inc., a Delaware corporation, by and through its Network Solutions
Sector, Customer Solutions Group with offices at 0000 Xxxx Xxxxxxxxx Xxxx,
Xxxxxxxxxx, Xxxxxxxx 00000 ("Motorola") and Nextel Partners Operating Corp., a
Delaware corporation, with offices at 0000 Xxxxxxxx Xx., Xxxxxxxx, Xxxxxxxxxx
00000 ("Customer").
WHEREAS, Motorola and Customer are all of the parties to that certain iDEN
Infrastructure Equipment Purchase Agreement dated January 29, 1999 (the
"Agreement"), which provides for the sale to and purchase by Customer from
time-to-time of certain equipment, products and services;
WHEREAS, Section 7.6 of the Agreement grants to Customer the Equipment
Credit in the amount and to purchase the items set forth therein in exchange for
the issuance to Motorola of equity interests of Customer, all in accordance with
the terms of the Subscription and Contribution Agreement of even date therewith
between Nextel Partners, Inc., a Delaware corporation and the parent of Customer
("Partners"), and each of the investors named therein;
WHEREAS, each of Motorola and Customer currently desires to supplement the
Agreement to grant to Customer an additional equipment credit in the amount and
to purchase the items set forth herein in exchange for the issuance to Motorola
of additional equity interests of Customer, all in accordance with the terms of
the Expansion Subscription and Contribution Agreement of even date herewith
between Partners and each of the investors named therein (the "Expansion
Subscription Agreement");
The parties hereto agree to supplement the Agreement as follows:
1. Definitions. Capitalized terms used but not otherwise defined herein
shall have the meanings ascribed to them under the Agreement.
2. Additional In-Kind Capital Contribution. As a result of the issuance of
additional equity interests to Motorola pursuant to the Expansion Subscription
Agreement, Customer will have an additional EBTS equipment credit (the
"Additional Equipment Credit") under the Agreement in the amount of Three
Million Six Hundred
Forty Four Thousand Seventy-Nine and 00/000 Dollars ($3,644,079.00) that may be
used as set forth below:
Upon the placing of each order in accordance with the terms of the Agreement,
the parties shall calculate the percentage of the total dollar value of the
order comprised by the dollar value of the EBTS equipment in the order. Each
payment thereafter on such order, for as long as either the Equipment Credit or
the Additional Equipment Credit is still in existence, shall be made by a
combination of cash and either the Equipment Credit or the Additional Equipment
Credit. The cash amount shall be (100% - EBTS percentage) x payment due. The
Equipment Credit or the Additional Equipment Credit shall be the EBTS percentage
x payment due, and the Equipment Credit or the Additional Equipment Credit shall
be reduced by a like amount. Customer may at any time choose to apply less than
the above stated maximum Equipment Credit amount or the above stated maximum
Additional Equipment Credit amount to any order and increase the cash portion.
3. Expansion Subscription Agreement. The execution and delivery of the
Expansion Subscription Agreement by each of Motorola and Customer is a condition
precedent to the obligations of the parties hereunder.
4. Ratification of Agreement. As supplemented hereby, the Agreement and
its terms and provisions are hereby ratified and confirmed for all purposes and
in all respects.
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IN WITNESS WHEREOF, each of the parties hereto has executed this
Supplement as of the date first set forth above.
MOTOROLA, INC.
By:________________________________________
Name:
Title:
NEXTEL PARTNERS OPERATING
CORP.
By:________________________________________
Name:
Title:
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