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Exhibit 10.2
PETERSBURG LONG DISTANCE, INC.
000 XXXXX XXXXXX
XXXXXXX XXXXXXX
XXXXXX X0X 0x0
27 JANUARY 1996
Baltic Communications Limited
XX Xxxxxxxxxxxxx, 00
Xx Xxxxxxxxxx
The Russian Federation
Attention: Xx. Xxxxxx Xxxxxx, General Director
Dear Sir
Reference is made to the agreement of 27 January 1996 relating to the provision
of administrative services by, and management of, Baltic Communications Limited
("BCL") between BCL and Petersburg Long Distance Inc. ("PLD") ("the
Agreement").
For the consideration specified in Article 1.1 of the Agreement PLD undertakes
to BCL that it shall enable it to pay within 45 days of the date hereof all
amounts specified in a letter dated 10 January 1996 from BCL to Mercury
Communications Limited as due from BCL to Mercury Communications Limited as at
31 December 1995 pursuant to an International Telecommunications Services
Agreement between BCL and Mercury Communications Limited dated 16 November 1992
to the extent that such amounts have been invoiced on the date hereof within
such 45 day period and, in the case of all such amounts not invoiced, within 30
days of invoicing or such earlier date as may be required by the International
Telecommunications Service Agreement.
Please confirm that you agree to the above terms by signing and returning to us
the enclosed copy of this letter.
Yours faithully
/s/ Xxxxx X.X. Xxxx
Director
on behalf of
Petersburg Long Distance, Inc.
Acknowledged and agreed on behalf of BCL
------------------------
Xxxxxx Xxxxxx
General Director
