Exhibit 4(x)
Dated 28 June 2002
Reach Shareholders
(Variation) Agreement No. 4
Telstra Corporation Limited
("Telstra")
Telstra Holdings (Bermuda)
No 1 Limited
("Telstra Shareholder")
Telstra Holdings Pty Limited
("Telstra Holding")
Pacific Century
CyberWorks Limited
("PCCW")
Pacific Century Cable
Holdings Limited
("PCCW Shareholder")
Reach Ltd.
("Reach")
Mallesons Xxxxxxx Xxxxxx
37th Floor, Citibank Xxxxx
Xxxxxxxx Xxxxx, 0 Xxxxxx Xxxx
Xxxxxxx, Xxxx Xxxx
Telephone (000) 0000 0000
Fax (000) 0000 0000
Ref: SJM
Contents Reach Shareholders (Variation) Agreement No. 4
-------- ----------------------------------------------
1. Interpretation ........................................................ 1
2. Variation of Reach Shareholders Agreement - Investment Grade Rating ... 1
3. Confirmation .......................................................... 2
4. Law and jurisdiction .................................................. 2
1
Reach Shareholders (Variation) Agreement No. 4
Date: 28 June 2002
Parties: TELSTRA CORPORATION LIMITED (ABN 33 051 775 556) of 000
Xxxxxxxxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxx, Xxxxxxxxx
("Telstra")
TELSTRA HOLDINGS (BERMUDA) NO 1 LIMITED of Xxxxxxxxx Xxxxx,
0 Xxxxxx Xxxxxx, Xxxxxxxx XX00, Xxxxxxx ("Telstra
Shareholder")
TELSTRA HOLDINGS PTY LIMITED (ABN 45057 808 938) of 000
Xxxxxxxxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxx, Xxxxxxxxx ("Telstra
Holding")
PACIFIC CENTURY CYBERWORKS LIMITED of 00xx Xxxxx, XXXX
Xxxxx, XxxXxx Xxxxx, 000 Xxxxx Xxxx, Xxxxxx Xxx, Xxxx Xxxx
("PCCW")
PACIFIC CENTURY CABLE HOLDINGS LIMITED of Xxxxxxxxx Xxxxx,
0 Xxxxxx Xxxxxx, Xxxxxxxx XX00, Xxxxxxx ("PCCW
Shareholder")
REACH LTD. (formerly known as Joint Venture (Bermuda) No. I
Limited) of Xxxxxxxxx Xxxxx, 0 Xxxxxx Xxxxxx, Xxxxxxxx
XX00, Xxxxxxx ("Reach")
Recitals:
(A) The parties are party to the IP Backbone Company
Shareholders Agreement dated 13 October 2000
("Original Agreement"), the IP Backbone Company
Shareholders (Variation) Agreement dated 31 January
2001 ("First Variation Agreement"), the IP Backbone
Shareholders (Variation) Agreement No. 2 ("Second
Variation Agreement") and the IP Backbone Shareholders
(Variation) Agreement No. 3 ("Third Variation
Agreement").
(B) The parties have agreed to vary the Reach Shareholders
Agreement in the manner provided for in this
agreement.
Operative provisions:
1. Interpretation
In this agreement, "Reach Shareholders Agreement" means the
Original Agreement, as varied by the First Variation
Agreement, the Second Variation Agreement and the Third
Variation Agreement.
2. Variation of Reach Shareholders Agreement - Investment Grade Rating
Clause 8.4(a) of the Reach Shareholders Agreement is
amended by deleting the words at any time after the first
anniversary of the Completion Date" and replacing them with
the words "at any time on or after 8 May 2003".
2
3. Confirmation
All the provisions of the Reach Shareholders Agreement (as
amended by this agreement) shall otherwise remain in full
force and effect in accordance with their terms.
4. Law and jurisdiction
The terms of clauses 28 and 29 of the Reach Shareholders
Agreement shall apply to this agreement.
EXECUTED as a variation to the Reach Shareholders Agreement.
3
Execution page
SIGNED by Xxxx Xxxxxxx )
as an authorised representative of )
TELSTRA CORPORATION LIMITED )
in the presence of: )
)
/s/ Xxxxxxx Xxx )
------------------------------------ )
Signature of witness )
)
Xxxxxxx Xxx )
------------------------------------ )
Name of witness (block letters) )
)
Citibank Plaza, Hong Kong ) /s/ Xxxx Xxxxxxx
------------------------------------ )------------------------------------
Address of witness ) By executing this agreement the
) signatory warrants that the signatory
Legal Assistant ) is duly authorised to execute this
------------------------------------ ) agreement on behalf of Telstra
Occupation of witness ) Corporation Limited
SIGNED by Xxxx Xxxxxxx )
as attorney )
for TELSTRA HOLDINGS (BERMUDA) )
NO 1 LIMITED in the presence of: )
)
/s/ Xxxxxxx Xxx )
------------------------------------ )
Signature of witness )
)
Xxxxxxx Xxx )
------------------------------------ )
Name of witness (block letters) ) /s/ Xxxx Xxxxxxx
)------------------------------------
Citibank Plaza, Hong Kong ) By executing this agreement the
------------------------------------ ) signatory warrants that the signatory
Address of witness ) is duly authorised to execute this
) agreement on behalf of
Legal Assistant ) Telstra Holdings (Bermuda) No 1
------------------------------------ ) Limited
Occupation of witness )
4
SIGNED by Xxxx Xxxxxxx )
as attorney for )
TELSTRA HOLDINGS PTY LIMITED )
in the presence of: )
)
/s/ Xxxxxxx Xxx )
------------------------------------ )
Signature of witness )
)
Xxxxxxx Xxx )
------------------------------------ )
Name of witness (block letters) )
)
Citibank Plaza, Hong Kong ) /s/ Xxxx Xxxxxxx
------------------------------------ ) ------------------------------------
Address of witness ) By executing this agreement the
) signatory warrants that the signatory
Legal Assistant ) is duly authorised to execute this
------------------------------------ ) agreement on behalf of Telstra
Occupation of witness ) Holdings Pty Limited
SIGNED by Alexander Arena )
as authorised representative )
for PACIFIC CENTURY CYBERWORKS )
LIMITED in the presence of: )
)
/s/ Xxxxx Xxx )
------------------------------------ )
Signature of witness
)
------------------------------------ )
Name of witness (block letters) ) /s/ Alexander Arena
) ------------------------------------
) By executing this agreement the
------------------------------------ ) signatory warrants that the signatory
Address of witness ) is duly authorised to execute this
) agreement on behalf of Pacific
) Century CyberWorks Limited
------------------------------------ )
Occupation of witness )
Ong Xxxxx Xxxx Lit
Xxxxxxx & Xxxxxxx
Solicitor, Hong Kong SAR
5
SIGNED by Alexander Arena and )
Xxxxxx Xxxxxxx Xxxxxxxxx )
as authorised representative for )
PACIFIC CENTURY CABLE HOLDINGS LIMITED )
in the presence of: )
)
/s/ Xxxxx Xxx )
------------------------------------ )
Signature of witness )
)
------------------------------------ )
Name of witness (block letters) )
) /s/ Alexander Arena
) /s/ Xxxxxx Xxxxxxx Xxxxxxxxx
------------------------------------ ) ------------------------------------
Address of witness ) By executing this agreement the
) signatory warrants that the signatory
) is duly authorised to execute this
------------------------------------ ) agreement on behalf of Pacific
Occupation of witness ) Century Cable Holdings Limited
Ong Xxxxx Xxxx Lit
Xxxxxxx & Xxxxxxx
Solicitor, Hong Kong SAR
SIGNED by Alexander Arena )
and Xxxx Xxxxxxx )
as authorised representative )
for REACH LTD. )
in the presence of: )
)
/s/ Xxxxx Xxx )
------------------------------------ )
Signature of witness )
)
------------------------------------ ) /s/ Alexander Arena
Name of witness (block letters) ) /s/ Xxxx Xxxxxxx
) ------------------------------------
) By executing this agreement the
------------------------------------ ) signatory warrants that the signatory
Address of witness ) is duly authorised to execute this
) agreement on behalf of Reach Ltd.
)
------------------------------------ )
Occupation of witness )
Ong Xxxxx Xxxx Lit
Xxxxxxx & Xxxxxxx
Solicitor, Hong Kong SAR
Dated 22 July 2002
IP Backbone Company
Shareholders (Variation)
Agreement No. 3
Telstra Corporation Limited
Telstra Holdings (Bermuda)
No 1 Limited
Telstra Holdings Pty Limited
Pacific Century
CyberWorks Limited
Pacific Century Cable
Holdings Limited
Reach Limited
Contents IP Backbone Shareholders (Variation) Agreement No. 3
-------------------------------------------------------------------------------
1 Interpretation 0
2 Variation of the Shareholders Agreement 0
3 Confirmation 0
4 Law and jurisdiction 0
Execution page
1
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IP Backbone Shareholders (Variation) Agreement
No. 3
Date: April 2002
Parties: TELSTRA CORPORATION LIMITED (ABN 33 051 775 556) of 000
Xxxxxxxxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxx, Xxxxxxxxx
TELSTRA HOLDINGS (BERMUDA) NO 1 LIMITED of Xxxxxxxxx Xxxxx,
0 Xxxxxx Xxxxxx, Xxxxxxxx XX00, Xxxxxxx
TELSTRA HOLDINGS PTY LIMITED (ABN 45 057 808 938) of 000
Xxxxxxxxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxx, Xxxxxxxxx
PACIFIC CENTURY CYBERWORKS LIMITED of 39th Floor,
Hongkong Telecom Tower, TaiKoo Place, 000 Xxxx'x Xxxx,
Xxxxxx Xxx, Xxxx Xxxx
PACIFIC CENTURY CABLE HOLDINGS LIMITED of Xxxxxxxxx Xxxxx,
0 Xxxxxx Xxxxxx, Xxxxxxxx XX00, Xxxxxxx
REACH LTD. of Xxxxxxxxx Xxxxx, 0 Xxxxxx Xxxxxx, Xxxxxxxx
XX00, Xxxxxxx
Recitals:
A. The parties are parties to the Shareholder's Agreement
which contains provisions relating to IDC Limited.
B. IDC Limited is to be dissolved following a members'
voluntary liquidation in accordance with the Companies
Xxx 0000 (Bermuda).
C. The parties have agreed to vary the Shareholder's
Agreement in the manner provided for in this
agreement as a consequence of the dissoluton of IDC
Limited.
Operative provisions:
1 Interpretation
-------------------------------------------------------------------------------
1.1 In this agreement:
Shareholders Agreement means the IP Backbone Company
Shareholder's Agreement, as subsequently amended by the
parties.
2 Variation of the Shareholders Agreement
-------------------------------------------------------------------------------
2.1 The Shareholders Agreement is amended with effect from the
date on which IDC Limited is dissolved in accordance with
the Companies Act 1981 (Bermuda) as follows:
(a) in clause 1.1, delete the definition "IDCo";
2
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(b) in clause 1.1 delete the definition "IDCo Shareholders
Agreement";
(c) in clause 1.1 insert the following definitions:
Carrier Hotel means the provision of connectivity
services and physical space incuding power,
environmental and physical security, firewall,
fire-detection and suppression and co-location
services to telecommunications carriers.
Internet Data Centre Services means the range of
hosting and outsourcing services offered from or in
connection with an internet data centre including
power, environmental, physical security, bandwidth,
firewall, fire detection/suppression, managed services
and professional services, customer equipment
provisioning, equipment installation, co-location,
shared server hosting, dedicated server hosting and
customised server hosting and complex server hosting
services.";
(d) amend clause 4.2(c) by inserting an additional
subclause 4.2(c)(iii) as follows:
"(iii) the supply of Internet Data Centre Services";
(e) in clause 4.2(f) delete the words "IDC Co";
(f) Delete clause 4.6 and replace it with the following:
4.6 During the first three years from Completion
neither the Company nor any controlled corporation
of the Company will, unless and except to the
extent that the Board by a resolution made by a
majority of votes of all directors engage or be
in any capacity directly or indirectly involved
in the supply in Australia or in Hong Kong of
Internet Data Centre Services excluding:
(a) the provision of Carrier Hotel services; and
(b) such Internet Data Centre Services as are
comprised in the supply to Wholesale
Customers of billing and intelligent network
services that are associated with the
Connectivity Services.
(g) delete clause 10.14; and
(h) in clause 10.15, delete the definition "IDC Services".
3 Confirmation
-------------------------------------------------------------------------------
All the provisions of the Shareholders Agreement (as
amended by this agreement) shall remain in full force and
effect in accordance with their terms.
3
-------------------------------------------------------------------------------
4 Law and jurisdiction
The terms of clauses 28 and 29 of the Shareholders
Agreement shall apply to this agreement with such changes
as are necessary.
4
Execution Page
-------------------------------------------------------------------------------
SIGNED by Xxxxx Xxxxxxx )
as authorised representative for )
TELSTRA CORPORATION LIMITED )
in the presence of: )
)
/s/ Xxxxxx Xxx )
------------------------------------ )
Signature of witness )
)
Xxxxxx Xxx )
------------------------------------ )
Name of witness (block letters) )
)
0/000 Xxxxxxxxx Xx. Xxxxxx 0000 ) /s/ Xxxxx Xxxxxxx
------------------------------------ )------------------------------------
Address of witness ) By executing this agreement the
) signatory warrants that the signatory
Personal Assistant ) is duly authorised to execute this
------------------------------------ ) agreement on behalf of Telstra
Occupation of witness ) Corporation Limited
SIGNED by )
as authorized representative )
for TELSTRA HOLDINGS (BERMUDA) )
NO 1 LIMITED in the presence of: )
)
)
------------------------------------ )
Signature of witness )
)
)
------------------------------------ )
Name of witness (block letters) )
)------------------------------------
) By executing this agreement the
------------------------------------ ) signatory warrants that the signatory
Address of witness ) is duly authorised to execute this
) agreement on behalf of Telstra
) Holdings (Bermuda) No 1 Limited
------------------------------------ )
Occupation of witness )
Execution Page
-------------------------------------------------------------------------------
SIGNED by )
as authorised representative for )
TELSTRA CORPORATION LIMITED )
in the presence of: )
)
)
------------------------------------ )
Signature of witness )
)
)
------------------------------------ )
Name of witness (block letters) )
)
)
------------------------------------ )------------------------------------
Address of witness ) By executing this agreement the
) signatory warrants that the signatory
) is duly authorised to execute this
------------------------------------ ) agreement on behalf of Telstra
Occupation of witness ) Corporation Limited
SIGNED by )
as authorized representative )
for TELSTRA HOLDINGS (BERMUDA) )
NO 1 LIMITED in the presence of: )
)
/s/ Xxxxx Xxxx Xxxxxxxx )
------------------------------------ )
Signature of witness )
)
XXXXX XXXX XXXXXXXX ) /s/ Xxxxxxxxxxx X. Xxxxxx
------------------------------------ ) Xxxxxxxxxxx X. Xxxxxx
Name of witness (block letters) ) Director
)
0 Xxxxxx Xxxxxx )------------------------------------
Xxxxxxxx XX00, XXXXXXX ) By executing this agreement the
------------------------------------ ) signatory warrants that the signatory
Address of witness ) is duly authorised to execute this
) agreement on behalf of Telstra
Corporate Administrator ) Holdings (Bermuda) No 1 Limited
------------------------------------ )
Occupation of witness )
5
-------------------------------------------------------------------------------
SIGNED by XXXXX XXXXXXX )
as authorised representative )
TELSTRA HOLDINGS PTY LIMITED )
in the presence of: )
)
/s/ Xxxxxx Xxx )
------------------------------------ )
Signature of witness )
)
XXXXXX XXX )
------------------------------------ )
Name of witness (block letters) )
)
0/000 XXXXXXXXX XX. XXXXXX 0000 ) /s/ Xxxxx Xxxxxxx
------------------------------------ ) ------------------------------------
Address of witness ) By executing this agreement the
) signatory warrants that the signatory
Personal Assistant ) is duly authorised to execute this
------------------------------------ ) agreement on behalf of Telstra
Occupation of witness ) Holdings Pty Limited
SIGNED by )
as authorised representative )
for PACIFIC CENTURY CYBERWORKS )
LIMITED in the presence of: )
)
)
------------------------------------ )
Signature of witness )
)
------------------------------------ )
Name of witness (block letters) )
) ------------------------------------
) By executing this agreement the
------------------------------------ ) signatory warrants that the signatory
Address of witness ) is duly authorised to execute this
) agreement on behalf of Pacific
) Century CyberWorks Limited
------------------------------------ )
Occupation of witness )
SIGNED by )
as authorised representative for )
PACIFIC CENTURY CABLE HOLDINGS LIMITED )
in the presence of: )
)
)
------------------------------------ )
Signature of witness )
)
------------------------------------ )
Name of witness (block letters) )
)
)
------------------------------------ ) ------------------------------------
Address of witness ) By executing this agreement the
) signatory warrants that the signatory
) is duly authorised to execute this
------------------------------------ ) agreement on behalf of Pacific
Occupation of witness ) Century Cable Holdings Limited
5
-------------------------------------------------------------------------------
SIGNED by )
as authorised representative for )
TELSTRA HOLDINGS PTY LIMITED )
in the presence of: )
)
)
------------------------------------ )
Signature of witness )
)
)
------------------------------------ )
Name of witness (block letters) )
)
)
------------------------------------ ) ------------------------------------
Address of witness ) By executing this agreement the
) signatory warrants that the signatory
) is duly authorised to execute this
------------------------------------ ) agreement on behalf of Telstra
Occupation of witness ) Holdings Pty Limited
SIGNED by )
as authorised representative )
for PACIFIC CENTURY CYBERWORKS )
LIMITED in the presence of: )
)
/s/ Xxxxxx Xx )
------------------------------------ )
Signature of witness )
)
XXXXXX XX )
------------------------------------ )
Name of witness (block letters) ) /s/ Alexander Arena
) ------------------------------------
00/X, XXXX XXXXX, XXXXXX XXXXX, ) By executing this agreement the
QUARRY BAY ) signatory warrants that the signatory
------------------------------------ ) is duly authorised to execute this
Address of witness ) agreement on behalf of Pacific
) Century CyberWorks Limited
SECRETARIAL OFFICER )
------------------------------------ )
Occupation of witness )
SIGNED by )
as authorised representative for )
PACIFIC CENTURY CABLE HOLDINGS LIMITED )
in the presence of: )
)
/s/ Xxxxxx Xx )
------------------------------------ )
Signature of witness )
)
XXXXXX XX )
------------------------------------ )
Name of witness (block letters) ) /s/ Alexander Arena
) ------------------------------------
00/X, XXXX XXXXX, XXXXXX XXXXX, ) By executing this agreement the
QUARRY BAY ) signatory warrants that the signatory
------------------------------------ ) is duly authorised to execute this
Address of witness ) agreement on behalf of Pacific
) Century Cable Holdings Limited
SECRETARIAL OFFICER )
------------------------------------ )
Occupation of witness )
6
-------------------------------------------------------------------------------
SIGNED by )
as authorised representative )
for REACH LIMITED )
in the presence of: )
)
/s/ [ILLEG.] XXXXXXXX )
------------------------------------ )
Signature of witness )
)
[ILLEG.] XXXXXXXX )
------------------------------------ )
Name of witness (block letters) ) /s/
) ------------------------------------
XXXXXXX XXXXX, 0 XXXXXXXXXX XX. HK ) By executing this agreement the
------------------------------------ ) signatory warrants that the signatory
Address of witness ) is duly authorised to execute this
) agreement on behalf of Reach Limited
LAWYER )
------------------------------------ )
Occupation of witness )
1
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Reach Shareholders (Variation) Agreement No. 5
Date: 15 April 2003
Parties: TELSTRA CORPORATION LIMITED (ABN 33 051 775 556)
of 000 Xxxxxxxxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxx,
Xxxxxxxxx ("Telstra")
TELSTRA HOLDINGS (BERMUDA) NO 1 LIMITED of
Xxxxxxxxx Xxxxx, 0 Xxxxxx Xxxxxx, Xxxxxxxx XX00,
Xxxxxxx ("Telstra Shareholder")
TELSTRA HOLDINGS PTY LIMITED (ABN 45 057 808
938) of 000 Xxxxxxxxxx Xxxxxx, Xxxxxxxxx,
Xxxxxxxx, Xxxxxxxxx ("Telstra Holding")
PCCW Limited (formerly Pacific Century
CyberWorks Limited) of 00xx Xxxxx, XXXX Xxxxx,
XxxXxx Xxxxx, 000 Xxxxx Xxxx, Xxxxxx Xxx, Xxxx
Xxxx ("PCCW")
PACIFIC CENTURY CABLE HOLDINGS LIMITED of
Xxxxxxxxx Xxxxx, 0 Xxxxxx Xxxxxx, Xxxxxxxx XX00,
Xxxxxxx ("PCCW Shareholder")
REACH LTD. (formerly known as Joint Venture
(Bermuda) No. 1 Limited) of Xxxxxxxxx Xxxxx, 0
Xxxxxx Xxxxxx, Xxxxxxxx XX00, Xxxxxxx ("Reach")
Recitals
(A) The parties are the parties to the IP
Backbone Company Shareholders Agreement
dated 13 October 2000 ("Original
Agreement"), the IP Backbone Company
Shareholders (Variation) Agreement dated 31
January 2001 ("First Variation Agreement"),
the IP Backbone Shareholders (Variation)
Agreement No. 2 ("Second Variation
Agreement"), the IP Backbone Shareholders
(Variation) Agreement No. 3 ("Third
Variation Agreement") and the Reach
Shareholders (Variation) Agreement No. 4
("Fourth Variation Agreement").
(B) The parties have agreed to vary the Reach
Shareholders Agreement in the manner
provided for in this agreement.
Operative provisions:
1 Interpretation
In this agreement:
(a) "Reach Shareholders Agreement" is the
Original Agreement, as varied by the First
Variation Agreement, the Second Variation
Agreement, the Third Variation Agreement
and the Fourth Variation Agreement; and
2
-------------------------------------------------------------------------------
(b) "Date of Amendment" has the meaning given
in the Amendment and Restatement Agreement
dated 15 April 2003 made between Reach
Finance Limited, Reach, Reach Networks Hong
Kong Limited, Reach Networks Australia Pty
Ltd, Reach Global Networks Limited, Reach
Global Services Limited and JPMorgan Chase
Bank
2 Condition Precedent
2.1 Clause 3 does not take effect until and
subject to clause 2.2 will become operative
at and from the Date of Amendment.
2.2 If clause 3 does not become operative
before 31 May 2003 then on and from that
date this agreement will terminate and have
no force or effect.
3 Variation of Reach Shareholders Agreement - Investment Grade Credit Rating
The Reach Shareholders Agreement is varied by
deleting with effect from the Date of Amendment,
clauses 8.1, 8.2, 8.3, 8.3A, 8.3B, 8.3C and 8.4.
4 Confirmation
All provisions of the Reach Shareholders
Agreement (as varied by this agreement) remain
in full force and effect in accordance with
their terms.
5 General and Law and Jurisdiction Provisions
-------------------------------------------------------------------------------
The terms of clauses 28 and 29 of the
Shareholders Agreement shall apply to this
agreement.
6 Counterparts
This agreement may consist of a number of
copies, each signed by one or more parties to
the agreement. If so, the signed copies are
treated as making up the one document and the
date on which the last counterpart is executed
will be the date of the agreement.
EXECUTED as a variation to the Reach Shareholders Agreement.
3
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Execution page
==========================================================================================================
SIGNED by )
)
as authorised representative for TELSTRA )
CORPORATION LIMITED, in the presence of: ) ............................................
) By executing this agreement the signatory
) states that the signatory is duly authorised
............................................. ) to execute this agreement on behalf of TELSTRA
Signature of witness ) CORPORATION LIMITED
)
............................................. )
Name of witness (block letters) )
)
SIGNED by )
as authorised representative )
for TELSTRA HOLDINGS (BERMUDA) NO 1 LIMITED )
in the presence of: )
)
............................................. )
Signature of witness )
)
............................................. )
Name of witness (block letters) )
)
............................................. )
Address of witness ) ............................................
) By executing this agreement the signatory
............................................. ) warrants that the signatory is duly authorised
Occupation of witness ) to execute this agreement on behalf of
) Telstra Holdings (Bermuda) No 1
) Limited
4
----------------------------------------------------------------------------------------------------------
SIGNED by )
as authorised representative )
for TELSTRA HOLDINGS PTY LIMITED )
in the presence of: )
)
............................................. )
Signature of witness )
)
............................................. )
Name of witness (block letters) )
)
............................................. )
Address of witness )
)
............................................. ) ..............................................
Occupation of witness ) By executing this agreement the signatory
) warrants that the signatory is duly
) authorised to execute this agreement on behalf
) of Telstra Holdings Pty Limited
SIGNED by )
as authorised representative )
for PCCW LIMITED )
in the presence of: )
)
............................................. )
Signature of witness )
)
............................................. )
Name of witness (block letters) )
)
............................................. )
Address of witness )
) ............................................
............................................. ) By executing this agreement the signatory
Occupation of witness ) warrants that the signatory is duly
) to execute this authorised agreement
) on behalf of
) PCCW Limited
5
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SIGNED by )
as authorised representative )
for PACIFIC CENTURY CABLE HOLDINGS LIMITED )
in the presence of: )
)
............................................. )
Signature of witness )
)
............................................. )
Name of witness (block letters) )
)
............................................. )
Address of witness ) ...........................................
) By executing this agreement the signatory
............................................. ) warrants that the signatory is duly
Occupation of witness ) authorised to execute this agreement on
) behalf of
) Pacific Century Cable Holdings
) Limited
SIGNED by )
)
and )
)
each as an authorised representative for )
for REACH LTD. ) ...........................................
) By executing this agreement the signatory
in the presence of: ) warrants that the signatory is duly
) authorised to execute this agreement on
............................................. ) behalf of
Signature of witness ) Reach Ltd.
)
............................................. )
Name of witness (block letters) )
)
............................................. )
Address of witness ) ...........................................
) By executing this agreement the signatory
............................................. ) warrants that the signatory is duly
Occupation of witness ) authorised to execute this
) agreement on behalf of
) Reach Ltd.
------------------------------------------------
Dated 15 April 2003
Reach Shareholders
(Variation) Agreement No. 5
Telstra Corporation Limited
("Telstra")
Telstra Holdings (Bermuda)
No 1 Limited
("Telstra Shareholder")
Telstra Holdings Pty Limited
("Telstra Holding")
PCCW Limited
("PCCW")
Pacific Century Cable
Holdings Limited
("PCCW Shareholder")
Reach Ltd.
("Reach")
Mallesons Xxxxxxx Xxxxxx
Level 28
Rialto
000 Xxxxxxx Xxxxxx
Xxxxxxxxx Xxx 0000
T x00 0 0000 0000
F x00 0 0000 0000
Email xxx@xxxxxxxxx.xxx
DX 101 Melbourne
xxx.xxxxxxxxx.xxx
Ref: DAW
1
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Contents Reach Shareholders (Variation) Agreement No. 5
-------------------------------------------------------------------------------
1 Interpretation 1
2 Condition Precedent 2
3 Variation of Reach Shareholders
Agreement - Investment Grade Credit
Rating 2
4 Confirmation 2
5 General and Law and Jurisdiction
Provisions 2
